Gate Crypto Flash News and Market Updates

According to China Tungsten Online data and industry sources cited by Shanghai Securities News, tungsten prices have stabilized during the third quarter after significant volatility in H1. Black tungsten concentrate (65%) is trading around 415,000 yuan per metric ton, while ammonium metatungstate (APT) is holding steady near 610,000 yuan per ton. Industry participants and research firms expect prices to recover as new demand from AI PCBs and tungsten hexafluoride rises alongside the approaching

According to Smart Finance, China Zhenghuo Semiconductor Ltd. (03223) will conduct global offering of H-shares from August 17-20, 2026, with pricing up to HK$102.80 per share. The company aims to raise approximately HK$3.14 billion (after deducting underwriting fees and estimated expenses). H-shares are expected to commence trading on the Hong Kong Stock Exchange on August 25, 2026. The offering comprises 10% Hong Kong public placement and 90% international placement, with a 15% overallotment op

According to Guru Club, tomorrow (August 17), Asian refiners are securing crude oil supplies ahead of schedule, with Indian buyers targeting November shipments. Ukrainian strikes on Russian oil refining facilities have exacerbated supply concerns, leaving Russia facing fuel shortages despite persistent underlying demand for physical crude.

According to Guru Club, U.S. spot Bitcoin ETFs experienced net outflows of $131.1 million on August 14, marking the second consecutive day of outflows and accelerating from the previous day. Ark Invest's ARKB.US led redemptions with $58.8 million in outflows, followed by Fidelity's FBTC.US at $55.1 million and Grayscale's GBTC.US at $36.3 million. The outflows reflect a shift in market sentiment after a brief period of stability.

World Liberty Financial announced today that the U.S. Office of the Comptroller of the Currency (OCC) has given preliminary conditional approval for it to establish World Liberty Trust Company (WLTC), a national trust bank. The bank will focus on stablecoin services, including issuing and redeeming USD1 dollar-denominated stablecoins, managing reserve assets, and providing digital asset custody for institutional clients. World Liberty Financial, which was founded in 2024 with involvement from th

According to Guru Club, spot gold broke $4,380 per ounce on August 17, rising 0.09% during the day.

According to Claude, on August 17, the company is investigating authentication failures and service performance issues affecting Claude AI, Claude Code, and related services.

New Zealand's food price index declined to 1.9% year-over-year in July, down from 2.5% in the previous month, according to official data.

Spot silver reached $65 per ounce today, up 0.53% intraday.

New Zealand's food price index rose 0.1% month-over-month in July, down from 0.60% in the previous month.

According to Guru Club, Stripe is set to acquire artificial intelligence company OpenRouter for over $70 billion on August 17.

According to Korea Exchange, retail investors made net purchases of 133 billion Korean won in the KRX gold market from August 1-14, marking their first buying activity in four months. This reversal ends a three-month streak of consecutive net selling from May through July, as gold prices rebound.

According to Shanghai Securities News, in July, global artificial intelligence-related equities entered a deleveraging cycle that is now approaching its end, with a sharp selloff across major markets including U.S. and South Korean exchanges. The cycle was marked by the collapse of a high-leverage AI hedge fund. As forced liquidations and margin calls subside, overseas institutions predict market capital flows are set to reverse, opening a new window for systematic position building.

According to Shanghai Securities News, gold has released major selling pressure this week and entered a bottoming-and-recovery stage, market experts said. Investors who had maintained positions through the half-year downturn began profit-taking, with one investor reporting gains of over 10,000 yuan in a single week. Analysts expect moderate gains ahead as downward pressure eases.

According to on-chain analyst Glassnode, Bitcoin's native support structure has begun to deteriorate. The accumulated buy wall formed in June has started to withdraw, leaving significantly thinner support levels below the current price, according to Glassnode's latest weekly analysis.

According to Colombian President Gustavo Petro, the earthquake that struck on August 10 has killed 289 people, with 143 missing and 4,187 injured, affecting over 180,000 residents.

According to Jin10, Anthropic CEO Dario Amodei issued a rare statement on Saturday (August 16), acknowledging public distrust in artificial intelligence and criticizing the industry for failing to deliver on its promises. Amodei stated that claims about AI curing cancer remain hollow rhetoric rather than inspiring reality, with most people viewing such assertions as deceptive. He emphasized that the most valid criticism of AI companies like Anthropic is failing to realize their pledges to benefi

According to Daily An, on August 17, South Korea's Financial Services Commission evaluated the first wave of regulatory measures introduced on July 31, which raised the minimum deposit requirement for single-stock leveraged products tracking Samsung Electronics and SK Hynix. Multiple securities firms' research centers confirmed the measures delivered positive results in stabilizing the market. Daily transaction volume for the products collapsed from 12.4 trillion Korean won on July 30 to 700 bil

According to Yonhap Infomax, on August 17, South Korea's top two listed convenience store operators delivered better-than-expected Q2 results. BGF Retail reported revenue of 2.4268 trillion won and operating profit of 84.9 billion won, up 6.0% and 22.3% year-over-year, respectively, beating market expectations of 76.1 billion won. GS Retail posted revenue of 3.1751 trillion won and operating profit of 109.4 billion won, up 6.7% and 27.5% respectively, surpassing forecasts of 100.4 billion won. P

According to Korea's Financial Supervisory Service, APR reported operating profit of 342.8 billion won in the first half of 2026, surpassing Amorepacific (244 billion won) and LG Household & Health Care (210.6 billion won) for the first time. The company's operating margin reached 25.2%, more than double Amorepacific's 10.6% and nearly four times LG's 6.5%. Operating profit grew 150.4% year-over-year, while revenue increased 129.2% to 1.36 trillion won. Overseas sales accounted for 90.6% of reve