Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
10:09

South Korea Expands Personal Bond Issuance to 230 Billion Won in September

According to the South Korean Ministry of Economy and Finance on August 27, the government will issue 230 billion won worth of personal investment government bonds in September. The issuance size was expanded by 80 billion won from the previous month to meet demand for the newly introduced retirement pension-type personal bonds launching in September. The bonds will be available across multiple maturities: 3-year, 5-year (500 billion won), 10-year (1.1 trillion won), and 20-year (650 billion won
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10:09

Wall Street Banks Raise Nvidia Price Targets to $300-$320 Range After Earnings

According to BlockBeats, on August 27, multiple Wall Street banks raised Nvidia price targets following the company's earnings report, with consensus targets clustering in the $300–$320 range. Morgan Stanley increased its target from $280 to $320; Goldman Sachs from $285 to $300; and Bernstein from $315 to $400. Additional analysts including Mizuho, Melius, and Citi also raised their targets, with most clustered between $300 and $320.
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10:09

South Korea's IRS Rates Fall Across Mid-to-Long Curve on August 27, Yield Curve Flattens

According to Seoul bond market data on August 27, South Korea's IRS rates declined across the 2–10 year curve, with the yield curve flattening as foreign investor flows shifted between buying and selling. The 1-year IRS rate rose 1.25 basis points to 3.445%, while the 2-year fell 4.50bp, 3-year declined 5.50bp, 5-year dropped 5.75bp to 3.8675%, and 10-year fell 5.50bp to 4.0025%. SOFR (CRS) rates showed mixed movement: 1-year rose 5.00bp to 3.415%, while 5-year and 10-year declined 3.50bp each t
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10:09

U.S. Commits $1.6B to Brazil's Rare Earth Mining as Foreign Investors Control 40% of Projects

According to Central News Agency reporting, foreign investors are competing to control Brazil's rare earth resources, with the U.S. committing $1.6 billion in financing and procurement pledges on August 26. The U.S. Department of Defense is supporting USA Rare Earth to develop the Serra Verde mine in Goiás state, Brazil's only commercial rare earth operation, to reduce dependence on Chinese supplies. CNN Brazil reports that Gulf Resources, Inc., a U.S.-based company with major operations in Chin
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10:08

Baidu Converts Hong Kong Secondary Listing to Primary Status on September 1, Removes 'S' Mark

According to a Hong Kong Exchanges and Clearing announcement on August 27, Baidu (09888.HK; BIDU) will convert its secondary Hong Kong listing to a primary listing effective September 1, 2026. Upon conversion, Baidu will hold dual-primary listing status simultaneously on HKEX and Nasdaq, with equal market standing. The stock tickers will remain unchanged at 09888 (HK dollar) and 89888 (RMB), but the 'S' designation indicating secondary-listed status will be removed. The conversion does not invol
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10:08

China Adjusts IPO Standards for Unprofitable Firms, Tightens Review on August 27

According to the 21st Century Business Herald citing insiders on August 27, China's mainland and Hong Kong stock exchanges will not fully restrict unprofitable companies from initial public offerings, but will tighten review standards. Regulators are shifting focus from approval volume to listing quality, requiring applicants to provide clearer, verifiable commercialization paths and credible profit improvement expectations. Enterprises with continuous losses, no near-term commercialization pros
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10:07

Bitfinex Securities Completes Record $50M Tokenized Raise for Alkemya on Thursday

According to Cointelegraph, Bitfinex Securities completed a record $50 million tokenized capital raise on Thursday for metals company Alkemya, surpassing its previous record of $30 million. The raise involved ALKN, a tokenized security representing limited partnership interests in Luxembourg-based Alkemya Metacore SCSp. The partnership owns approximately 7 million meters of 99.99% pure nickel wire independently valued at around $1.64 billion. Bitfinex Securities has now completed seven capital r
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10:02

CME Plans Five Wind Power Futures Settled on Modeled Output for Q4 2026 Launch

According to CME Group, the exchange plans to launch five financially settled wind power futures and related options in the fourth quarter of 2026, pending regulatory approval. The contracts will cover Texas, Germany, the United Kingdom and Victoria in Australia, with two German indices offering alternative configurations. Unlike traditional power futures, the contracts will settle against Vaisala Xweather indices that model wind power output for designated regions rather than measuring electric
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10:01

Alibaba's Qwen3.8-Flash Launches on B.AI with 125B Parameters, Free API Access

According to B.AI, Alibaba's Qwen3.8-Flash, the latest open-source model, is now available on the B.AI platform with free API access as of today (Aug 27). The multimodal mixture-of-experts model features 125B total parameters with 51B N-gram Embedding, activating only 6B parameters per token. It supports a native context window of 262K tokens, extendable to 1M through YaRN. The model combines GDN and QSA hybrid attention mechanisms for efficient long-text processing and precise information retri
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10:01

Salesforce, CrowdStrike Surge on Earnings; U.S. Software Stocks Up 11.5%, 8% as AI Concerns Ease

According to Yufenxi (Industrial Data Center), on August 27, Salesforce (CRM) and CrowdStrike (CRWD) drove U.S. software stocks higher in premarket trading, with shares jumping 11.5% and 8% respectively after both companies posted stronger-than-expected quarterly results. Salesforce maintained its full-year guidance unchanged, easing investor concerns about AI disruption to traditional software business models. The earnings rally extended to European software stocks. SAP (SAP-DE) rose 1% in Fran
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10:01

Uber Launches Tender Offer for Delivery Hero at €41.50 per Share, 108% Premium

According to Uanalyze, Uber launched a public tender offer on August 27 to acquire Delivery Hero at €41.50 per share in cash, representing a 108% premium over the stock's May 8 closing price. The offer period runs from August 27 to November 5. The transaction requires approval from at least 50% of Delivery Hero shareholders and regulatory clearance, with completion targeted for the second half of 2027.
10:01

North Korea Vows Strong Response to U.S. Hostility; U.S. to Sell $125M in Tactical Missiles to South Korea

According to Jin10, North Korea's Foreign Ministry spokesman said on August 27 that Pyongyang will make a strong response to what it views as U.S. hostile actions that threaten regional stability. The statement was prompted by the U.S. decision to sell South Korea $125 million worth of advanced tactical missiles, as well as the U.S. State Department's plans to invest millions of dollars to fund activities documenting alleged North Korean human rights violations. North Korea stated it is aware of
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10:00

Bybit Launches Three U.S. Equity Perpetual Futures Today: MCD, XLU, XLP

According to Odaily, Bybit launched three U.S. equity perpetual futures today (Aug 27): McDonald's (MCD), Utilities Select Sector ETF (XLU), and Consumer Staples Select Sector ETF (XLP), with maximum 25x leverage. Limited-time fee promotions include 0% fee on limit orders and 50% discount on market orders.
09:57

Binance Spot Trading Volume Shows 10% of Perpetual Futures Volume

According to Alphactal CEO Joao Wedson, Binance's spot trading volume is only about 10% of its perpetual futures volume as of August 27. The market structure continues to show a strong preference for derivatives trading over spot trading, reflecting an increased tendency among traders to use derivatives for hedging, leverage operations, and short-term position management.
09:56

Intel, AMD, Broadcom Jump 1.8–4% Premarket on Nvidia's $96.2B Q2 Blowout

On Thursday, major chip stocks surged in premarket trading after Nvidia reported second-quarter revenue of $96.2 billion, more than double the prior year and exceeding Wall Street expectations of $92.1 billion. Intel shares rose 3%, while Broadcom and Advanced Micro Devices gained approximately 1.8% each. SK Hynix, Marvell, and Nebius climbed 4%, 5%, and 7%, respectively. The iShares Semiconductor ETF (SOXX) advanced 3%. Nvidia's data center division contributed $89 billion in revenue, surpassin
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