Gate Crypto Flash News and Market Updates

Gate News message, according to the August 21 update, Bitcoin ETFs recorded a 1-day net inflow of 8,879 BTC (approximately $684.18 million) and a 7-day net inflow of 22,043 BTC (approximately $1.7 billion). Ethereum ETFs showed a 1-day net inflow of 86,701 ETH (approximately $207.03 million) and a 7-day net inflow of 219,254 ETH (approximately $523.54 million).

According to PANews, Goldman Sachs maintained its year-end 2026 gold price forecast of $4,900 per ounce on August 21, citing significant upside risks to the prediction. The bank expects the gold rally to face greater two-way volatility ahead.

The U.S. S&P Global Composite PMI came in at 56 for August, exceeding the expected 54 and rising from the previous reading of 54.5.

According to S&P Global, U.S. Manufacturing PMI came in at 53.2 in August, missing expectations of 53.9 and marking a decline from the previous month's 53.9.

According to ChainCatcher, Circle CEO Jeremy Allaire stated that newly proposed FASB accounting rules could serve as a significant strategic driver for USDC adoption among global enterprises and financial institutions. Combined with the GENIUS Act, the accounting standard would enable broader use of USDC by the institutional sector, marking an important development for the digital dollar initiative.

The S&P Global U.S. Services PMI initial reading for August came in at 56.8, exceeding the forecast of 54 and rising from July's 54.6.

According to Coinglass, Bitcoin's global open interest rose 5.2% in the past 24 hours to $56.654 billion. Binance accounted for $11.009 billion of the total open interest, followed by Gate at $4.668 billion, Bybit at $4.62 billion, and OKX at $2.909 billion.

On August 21, according to BlockBeats, Bitwise CIO Matt Hougan commented on recent U.S. debt dynamics, stating that when governments artificially suppress long-term interest rates, they erode the value of savings. Investors need to purchase hard assets to escape this scenario, and Hougan characterized Bitcoin as the fastest option in this race.

According to ChainCatcher, the Financial Accounting Standards Board (FASB) issued proposed accounting guidance on August 18 to clarify how the definition of cash equivalents applies to stablecoins and other specific digital assets. The update aims to promote consistent application of the definition and improve comparability across entities, though it does not change the current definition of cash equivalents. The FASB is requesting stakeholder comments by November 19. Additionally, the proposed

Shinhan Asset Management signed a four-party memorandum of understanding with Solana Foundation, Etherfuse and Orca to test issuance and distribution of a Korean won-denominated tokenized investment fund, according to the South Korean asset manager. The partners will conduct a proof-of-concept covering infrastructure needed to issue fund holdings onchain and make them available to overseas institutional investors. Shinhan, which oversees approximately 133.6 trillion won ($96.6 billion), plans to

According to Whale Alert, Binance transferred $400 million in USDT to Tether Treasury today (August 21).

According to PANews, legal AI startup Harvey launched Tenet, its first post-trained model for legal applications, on August 21. Built on Moonshot's Kimi K3 foundation, Tenet was developed through collaboration between Harvey and Fireworks AI using public legal data, synthetic data, and lawyer-annotated datasets. The model achieved an 82% relative improvement in all-pass rate on the LAB benchmark compared to its base model, and 22% relative improvement on LAB Contracts, ranking first on LAB Contr

The Israeli military conducted a strike on a building in Barasheet within the southern Lebanese security zone earlier today (August 21), according to an IDF statement.

At U.S. market open on August 21, major industry ETFs rose broadly. Global aviation ETF gained over 1%, while regional banking ETF and semiconductor ETF each rose nearly 1%.

According to ISNA, Iran's President Masoud Pezeshkian called for an end to the months-long Middle East conflict with the U.S. on Aug 21, stating that Iran holds a position of strength and dignity, and that global recognition of Iranian victory makes it the right time to end the war.

According to ChainCatcher citing Gate data, the Dow Jones Industrial Average opened up 275.18 points, or 0.52%, at 53,034.39 on August 21. The S&P 500 advanced 29.9 points, or 0.39%, to 7,671.56, while the Nasdaq Composite rose 108.98 points, or 0.42%, to 26,176.14.

U.S. equity indexes rose in early trading on August 21. The Dow Jones Industrial Average was up 0.5%, while the S&P 500 index gained 0.4%. Blockchain-related stocks led gainers, with Coinbase Global, Marathon Holdings, and Ninth City each rising approximately 5%.

According to Coinglass data, over $1.505 billion in positions were liquidated across crypto derivatives markets in the past 24 hours, with short positions accounting for $1.213 billion and long positions for $292 million. Bitcoin short liquidations dominated at $742 million, while BTC longs faced $125 million in liquidations. Ethereum saw $237 million in short position liquidations against $71.66 million in long liquidations. The largest single liquidation occurred on Hyperliquid's BTC-USD pair,

BitPay recently added XRP to its self-custody wallet, allowing users in supported regions to buy, sell, swap, send, receive and spend XRP while maintaining control of their private keys. XRP is trading at $1.38 with 24-hour trading volume of $13.61 billion and a market capitalization of approximately $86.69 billion, according to CoinCodex data. The integration expands XRP's reach beyond traditional exchanges into a payments-focused ecosystem with millions of users.

According to its Q2 2026 results published on 6 August 2026, Constellation Energy (NASDAQ: CEG) raised full-year adjusted operating EPS guidance to $11.50–$12.50, up from a prior range of $11.00–$12.00. On 21 August, CEG traded at $275.75 in the pre-market, up 1.04%, though the stock sits roughly 33 percent below its $412.70 annual high set within the past year, per stockanalysis.com. Q2 adjusted operating EPS reached $2.55, up from $1.91 in the prior year. The company attributed the improvement