Gate Crypto Flash News and Market Updates

According to KB Securities, the U.S. Treasury Department announced on August 23 it would more than double the size of long-term bond buybacks, expanding purchases to at least $4 billion per session from the previous $2 billion cap, effective from September 9 through November 4. The move comes after the 10-year Treasury yield surged to 4.75%, triggering heightened market instability. KB Securities noted the buyback expansion represents a temporary measure rather than a structural solution, as sho

According to Lookonchain, 13 hours ago on August 23, a whale transferred 2,555 BTC to Binance, valued at approximately $197 million.

According to The Kobeissi Letter, South Korea's semiconductor exports surged 198.8% year-over-year in the first 20 days of August, driven by AI demand. The country's chip trade surplus reached a record $35 billion in June, more than triple the prior year, while overall exports grew 61.5% in August and 62.9% in July. Computer-related products exports also rose 242.1% year-over-year over the same period.

According to Lookonchain monitoring, Trump's team transferred 2.62 million TRUMP tokens to OKX an hour ago, valued at approximately $6.21 million.

According to BlockBeats citing HTX data, FOLD surged over 67% today (August 23) following its listing on Upbit, trading at 0.149 USD. The token is now available on Upbit with trading pairs in KRW, BTC, and USDT.

According to F&Guide, South Korea's stock market entered a downtrend in the second half of 2026, prompting brokerage firms to issue downward target price revisions. Samsung Electronics and SK Hynix, the two largest stocks by market cap, show significant divergence among analysts, with the highest price target reaching twice the lowest estimate, reflecting heightened uncertainty among investors.

According to Herald Economy, SK Hynix faces stock split discussions as its share price reaches 1.73 million won, approaching its historic high of 2.98 million won. SK Group Chairman Chey Tae-won stated the company would "naturally consider" a stock split if requested. The move mirrors Samsung Electronics' May 2018 strategy, when it conducted a 50-to-1 stock split, lowering share prices from 2.5 million won to 50,000 won and boosting first-day trading volume by over 100 times. SK Hynix's U.S.-lis

According to Upbit's official announcement, the exchange will list FOLD trading pairs against South Korean won (KRW), Bitcoin (BTC), and Tether (USDT) on August 23.

According to Onchain Lens, Wintermute holds $146.19M in short positions on Hyperliquid as of August 23, with only $13.85M in long positions. The combined position totals $160.03M in open interest and is currently showing unrealized losses of $3.66M, though the trader has earned $2.14M in funding fees.

According to CoinDesk, BitMart is considering a restructuring combining creditor distributions with a phased restart of operations, less than four weeks after announcing its closure. The exchange has appointed White & Case as restructuring counsel and expects to share a roadmap by September 9. This marks a shift from BitMart's July 26 closure notice, which set August 26 as the trading end date and January 31, 2027, for full platform operations shutdown.

According to Dailian, on August 22, Coinone launched a two-tier branded experience booth as a major sponsor of Waterbomb 2026 music festival in Sokcho, South Korea. The activation featured interactive games, including a water gun shooting game and coin gacha machine offering Bitcoin vouchers worth up to 1 million won. Ahead of the event, Coinone's July new user registrations surged 30% month-over-month, while referral-based new signups jumped approximately 50%.

According to BlockBeats and GMGN data, Solana-based meme coin CATE reached a market cap of $80.26 million on August 23, surging 48% in the past 24 hours.

SK Hynix announced a significant shareholder return program this month, spearheading a broader wave of dividend initiatives among South Korean listed companies. Samsung Electronics is widely expected to unveil its own shareholder return plan, including special dividends, later this month, with Samsung-affiliated subsidiaries gaining in stock trading.

According to Alternative data, the Crypto Fear and Greed Index dropped to 66 on August 23 (down from 71 the previous day), with market sentiment remaining in the "greedy" zone on the 0-100 scale.

According to Chile's Foreign Ministry, the country will close its embassy in Iran on August 31. The ministry clarified that this decision does not mean severing diplomatic relations between the two countries, noting the measure is precautionary amid security concerns in the Middle East region.

Gate News message, seven wallets experienced large-scale FARTCOIN liquidations within a five-minute window. A total of 65.05 million FARTCOIN tokens valued at $12.93 million were liquidated. The affected wallets include addresses 0xc4dc85e76f2b12e106315d18300e0c98b43bdd55, 0x686706694213cc9c6fae44565d9dbefc6a39f0a9, and 0x7971e1fe68e4f6761a64dfaead619715bb5f7d31.

According to HTX market data, BNB broke above $700 today, trading at $700.02 with a 24-hour gain of 1.99%.

According to Bloomberg, server manufacturers supplying major data center operators including Microsoft, Google, and Oracle have notified customers of price increases of over 15% for systems equipped with Nvidia AI chips starting in early 2027. The hikes are driven by rising memory chip costs, with exact increases varying by chip generation and memory configuration. The products affected include Vera Rubin and Grace Blackwell.

According to a U.S. SEC filing, Peter Thiel's Thiel Macro LLC held 8 stocks worth approximately $418.7 million as of June 30. Amazon was the largest position at $118 million, representing 28.2% of the portfolio. Other holdings included Vista Energy ($75.9 million) and Vistra ($59.1 million), alongside positions in American Electric Power, DTE Energy, FirstEnergy, CMS Energy, and X-Energy. Energy, power, and nuclear-related holdings outside Amazon accounted for $301 million, or 71.8% of the portf

According to Coinglass data cited by BlockBeats, the crypto market recorded liquidations of approximately $995 million over the past 24 hours on August 23, with over 214,000 traders affected. Long positions accounted for $721 million of the liquidations, while short positions totaled $274 million.