Gate Crypto Flash News and Market Updates

According to The Block's analysis of SoSoValue data, U.S. spot bitcoin and ether ETFs drew a combined $2.6 billion in net inflows last week, marking their strongest week since October 2025. Bitcoin ETFs logged $1.9 billion, while ether ETFs attracted $697.2 million, both recording their largest weekly inflows of 2026. Spot bitcoin ETF trading volume surged to $22.1 billion from $6.9 billion the previous week, a 219% increase, while ether ETF volume climbed 259% to $6.9 billion. The inflows coinc

According to Reuters, on Friday, August 21, OpenAI slashed its flagship model GPT-5.6 Sol API prices by over 20% to address rising competition from Anthropic and Chinese AI models. Input token pricing for the model dropped 20% to $4 per million tokens from $5, while output token pricing fell 33.3% to $20 per million tokens from $30. The price cuts apply to OpenAI's API and will roll out to qualifying plans including ChatGPT Work's credits and Codex. The company maintained pricing for Pro, Plus,

According to an official statement, Canadian Prime Minister Carney held a video conference with provincial and territorial leaders on August 22 to discuss a pause in trade negotiations with the United States. Carney outlined measures to protect Canadian interests, including reciprocal tariffs set to take effect next Tuesday (August 26).

According to Iran's Tasnim News Agency, on August 23, Iran's Supreme National Security Council Secretary Rezaei claimed that Trump's military actions against Iran encourage nations to pursue nuclear weapons, particularly after witnessing that membership in the International Atomic Energy Agency and the Non-Proliferation Treaty cannot prevent U.S. attacks. Rezaei stated that "Trump creates nuclear insecurity, not nuclear security" and emphasized that Iran complies with all international safeguard

According to Ray Dalio, Bridgewater's founder, on Friday (Aug 21), the U.S. debt crisis could emerge within 1-5 years if current fiscal trends continue. He recommended investors reduce bond holdings and allocate 10-15% of portfolios to gold, with a smaller position in Bitcoin, to hedge currency depreciation and inflation risks. Dalio cited U.S. government revenue of approximately $5.5 trillion against spending of $7.5 trillion, leaving a $2 trillion annual shortfall, with nearly $1 trillion in i

According to Korea Exchange, Kakao announced on August 21 a plan to split into two companies: KakaoAI (36% of net assets) and KakaoX (64%), aiming to resolve a 17.4 trillion won valuation discount. The split, scheduled for January 1, 2027, with both entities relisting on January 27, prompted immediate investor concerns. Kakao's share price fell 7.49% to 35,800 won on August 22, erasing approximately 1.28 trillion won in market value. Investors cited concerns over the company's AI profitability u

According to ChainCatcher citing sources, Nvidia has notified major clients that servers equipped with its artificial intelligence chips will see price increases exceeding 15% starting in early 2027. The price hikes will affect systems featuring the company's Vera Rubin and Grace Blackwell flagship chips.

According to Bulgaria's Defense Minister Dimitar Stoyanov, two U.S. military aircraft departed from Bezmer Air Base on August 22, concluding their mission ahead of the initially authorized deployment period. During their stay, the aircraft conducted training flights exclusively over allied airspace in Bulgaria's western and northwestern regions, with no southbound flights, Stoyanov stated. Bulgarian President Yordanka Doneva confirmed the departure later that day.

According to Turkey's Ihlas News Agency, a Turkish-operated cargo ship was attacked off Russia's Black Sea port of Novorossiysk on August 22, killing 1 crew member and injuring 8 others.

According to ChainCatcher, Laser Digital Japan, a subsidiary of Nomura Holdings, received registration as a crypto asset trading service provider under Japan's Payment Services Act this week, with registration number 00032. The license covers six digital assets—Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, and Dogecoin—all listed on the industry association's approved roster. This registration ends a nearly 4-year period with no new crypto participants licensed in Japan. Laser Digital Japan wi

According to Galaxy Research on August 22, Bitcoin needs to reclaim its 50-week moving average near $82,470 to confirm the bear-market bottom. The firm examined six completed Bitcoin bear markets since 2011 and found the cryptocurrency reclaimed this weekly average 13 times, with 11 moves holding without a lower closing low afterward. By contrast, the 50-day average triggered 43 failed reclaims across the same period. Bitcoin is currently trading around $77,190, approximately 6% below the weekly

According to the Lebanese National News Agency, Israel conducted airstrikes on three villages in southern Lebanon on August 22: Majaroun, Kunin, and Mansouri.

According to Nikkei, Japan's state-owned export credit agency NEXI will sign an insurance agreement on Monday (August 25) with the Inter-American Development Bank (IDB) to cover infrastructure loans provided to Brazil's Espírito Santo state. The contract marks NEXI's first time providing loan insurance to an international organization. The agreement aims to help Japanese companies enter South American and Central American markets by gaining regional insights and leveraging the IDB's risk assessm

According to Jin10, on August 22, Israeli Foreign Minister Sar stated that despite high tensions between Israel and Turkey over Syria, Israel has no intention to escalate the conflict and prioritizes diplomatic solutions. Sar emphasized that Israel is committed to maintaining the status quo and will not accept Turkish military bases in Syria, drawing a clear diplomatic red line.

According to reports on August 21, Yangtze Memory Controls Corporation (CCSH), the parent company of China's leading NAND flash memory manufacturer Yangtze Memory Technologies Corporation (YMTC), has submitted an IPO application to the Shanghai Stock Exchange's STAR Market seeking to raise 33 billion yuan (approximately $4.9 billion). CCSH plans to issue between 1.98 billion and 2.43 billion new shares, with an estimated post-IPO valuation of 275 billion to 330 billion yuan ($41 billion to $49 b

According to the U.S. State Department, the United States will send a delegation to the third Senior Officials Meeting (SOM3) of the 2026 Asia-Pacific Economic Cooperation (APEC) forum in Dalian, China from August 17-28. The delegation will focus on creating business opportunities for American enterprises in agriculture, energy, transportation, fisheries, health, and food security. The U.S. will also advance policies to reduce service trade barriers and expand inter-governmental cooperation.

According to Bitcoin.com News, the Blockchain Association and Crypto Council for Innovation filed a lawsuit on Aug. 21 in Sangamon County Circuit Court to block Illinois' proposed 0.2% digital asset tax. The tax, set to take effect on Jan. 1, 2027, would apply to trades, transfers, and custody services involving digital assets. Plaintiffs seek to have the Digital Asset Tax Act declared unlawful and are requesting preliminary and permanent injunctions to prevent enforcement before the law takes e

According to ChainCatcher, El Salvador added 7 bitcoins over the past 7 days, bringing its total holdings to 7,751.37 BTC, valued at approximately $599 million.

The Sandbox suspended SAND bridging on Base and BNB Smart Chain on August 22 after attackers exploited its cross-chain infrastructure to mint unbacked tokens, isolating SAND on both networks while investigations continue. According to Blockaid, roughly $49 billion in face-value SAND was minted across more than 400 transactions; PeckShield separately flagged approximately 14.9 billion SAND minted to two addresses. The project estimated actual impact at less than 0.01% of SAND's total supply. Unde

According to Saudi media Hadath, the Fatah delegation cancelled a scheduled meeting with the Hamas delegation in Egypt on Monday.