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
23:55

Oil Rebounds Last Week Amid Middle East Tensions, Brent Climbs to $83.55

According to Jin10 Futures, Brent crude rebounded to $83.55 a barrel and WTI recovered to $78.18 on Friday, after tumbling to $81.55 earlier in the week in a decline exceeding 7%. The rebound follows shifting market sentiment regarding U.S.-Iran diplomatic negotiations over Strait of Hormuz transit and ongoing Red Sea navigation risks, which had initially pressured prices downward. Analysts expect high volatility through mid-to-late August, with Middle East geopolitical developments remaining th
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23:49

China's Central Bank Short-Term Reverse Repos Maturing This Week Reach 116.5 Billion Yuan

This week, China's central bank has short-term reverse repos maturing totaling 116.5 billion yuan through public market operations. The seven-day repos mature across the week: 63 billion yuan on Monday, 46.5 billion yuan on Tuesday, 5 billion yuan on Wednesday, 1 billion yuan on Thursday, and 1 billion yuan on Friday. Additionally, 1 trillion yuan of 182-day buy-and-sell reverse repos will mature on Friday.
23:45

CBOT Soybean Oil Rises 1.5% as of Aug 7, Aided by Oil-Meal Spread Trades

According to Jin10 Futures, CBOT soybean oil futures rose 1.5% for the December contract as of the week ended August 7, rebounding from sharp declines in recent weeks. Oil-meal spread trading and gains in external vegetable oil markets supported the move. However, strong crude oil prices, higher-than-expected U.S. soybean oil inventory, and recent rainfall in the U.S. Midwest—which benefits developing soybean crops—capped gains.
23:44

CBOT Corn Falls 0.43% in Week Ending Aug 7 Amid Midwest Rains and Crude Weakness

According to Jin10, CBOT corn December futures slipped 0.43% in the week ending August 7, 2026, pressured by beneficial rains in the Midwest and weaker crude oil prices. However, U.S. corn demand remained active and ongoing Black Sea conflicts continued to disrupt grain exports from the region, limiting downside. The USDA reported that in June, corn used in ethanol production totaled 466.71 million bushels, down 1.5% month-over-month but up 4.43% year-over-year and marking a record high for the
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23:44

Samsung Signs Long-Term Memory Contracts Covering 60-70% Capacity; SK Hynix Faces Price Lock-In Risk as Market Surges

According to Samsung's second-quarter earnings call, the company has signed multi-year supply contracts (LTA) with five major global data center customers and is finalizing negotiations with five AI-focused firms. The contracts span five years on a rolling basis, with minimum purchase commitments, price floors, and advance payments; Samsung has already received approximately one-quarter of the total prepayments. Once completed, long-term contract volumes will reach 60-70% of Samsung's medium-ter
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23:38

HBF Emerges as HBM Alternative; Hanmi Semiconductor, LTC Seen as Major Beneficiaries: Growth Research

According to Growth Research analysis released August 10, high-bandwidth flash (HBF) memory is emerging as a new memory tier as an alternative to high-bandwidth memory (HBM), driven by surging memory demands in AI inference applications. Limited commercialization of HBF is expected in late 2027 or 2028. SanDisk, developing HBF alongside SK Hynix, plans to deliver first HBF samples in the second half of 2026 and showcase AI inference devices with HBF integration in early 2027. Growth Research not
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23:38

KOSPI Expected to Rebound Gradually After 33.3% Drop as Earnings Remain Resilient

According to Hana Securities, South Korea's KOSPI index is expected to rebound in a gradual √-shaped pattern rather than a sharp V-shaped recovery in August and beyond. While stock prices have fallen 33.3% from June peaks to crisis levels, the 12-month forward earnings per share (EPS) forecast has climbed 184% since year-start with 12 consecutive months of upward revisions. However, foreign investor outflows and weak sentiment will limit sharper rebounds. Foreign investors sold a net 7.4 trillio
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23:37

South Korea's Single-Stock Leverage ETF Trading Collapses to 3.3% in August from 22.5% in July

According to ResearchAlum report released on August 10, South Korea's single-stock leverage ETF trading share plummeted to 3.3% in August from 22.5% in July as deleveraging accelerated. ResearchAlum analyst Choi Sung-hwan characterized recent KOSPI volatility as a 'deleveraging shock' rather than the start of a bear market, distinguishing it from China's 2015 stock crash. The research firm noted that while Samsung Electronics and SK Hynix remain profitable with AI and HBM competitive advantages,
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23:37

Tokenized RWA Sector Hits $38.17B on Aug. 9, Treasury Products Lead With Circle USYC at $3B

According to rwa.xyz, the tokenized real-world assets (RWA) sector reached $38.17 billion on Aug. 9, just $1.83 billion short of the $40 billion milestone. The asset holder base surged 56.18% over the past month to 1.7 million participants. Tokenized U.S. Treasury debt dominates the market with $16.21 billion in total value locked, commanding roughly 43% of the overall RWA sector. Circle USYC leads Treasury products at $3 billion, followed by BlackRock's USD Institutional Digital Liquidity Fund
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23:33

Trump Halts Military Action Against Iran, Shifts to Economic Pressure on August 10

According to Axios, on August 10, U.S. President Trump announced he would increase economic pressure on Iran rather than order new military strikes, despite Iran's ongoing confrontation with the United States. In a brief phone call, Trump stated: "We are handling this quietly. We are only in semi-negotiations. We are just watching Iran, and they face severe inflation and funding shortages." Trump emphasized Iran's economic situation is "very bad" with insufficient funds to pay military salaries,
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23:32

BHI Expected to Post Record 2026 Profits on Strong Order Backlog, Forecasts iM Securities

According to iM Securities analyst Lee Sang-heon on August 10, South Korean company BHI is expected to achieve record full-year profits in 2026. The analyst projects sales of 1.2853 trillion Korean won and operating income of 138.5 billion won, driven by expanded order visibility. BHI's order backlog reached 2.4 trillion Korean won as of end-Q1 2026, supported by surging HRSG (Heat Recovery Steam Generator) orders. Key catalysts include expanding Korea-U.S. strategic investment projects worth $3
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23:32

South Korea's Kosdaq Index Surges 23.9% in One Week, Single-Stock Leverage ETF Rule Takes Effect

According to the Korea Exchange, the Kosdaq Index closed at 798.81 on August 7, rebounding 23.9% from its July 30 low of 644.78, marking its strongest weekly performance in months. The rally followed the implementation of stricter regulations on single-stock leverage ETFs on July 31, which raised minimum deposits from 10 million won to 30 million won and eliminated collateral recognition. Trading volume in 16 single-stock leverage and inverse ETFs plummeted 75.3% to 3.07 trillion won on July 31
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