Gate Crypto Flash News and Market Updates

According to a recent Wall Street Journal analysis, nine technology giants—Alphabet, Amazon, Meta, Microsoft, Oracle, Nvidia, Broadcom, SpaceX and Advanced Micro Devices—have disclosed approximately $3 trillion in off-balance-sheet commitments for AI infrastructure, largely through leases not yet started ($1.2 trillion) and purchase commitments for chips and data-center infrastructure ($1.9 trillion). Investor Michael Burry highlighted the risks, noting he had warned about these issues months ea

According to CoinDesk, following the July 1, 2026 expiration of MiCA's transitional period, EU regulators warned of a surge in migration-related scams as potentially 1,700 unlicensed crypto platforms faced service restrictions or discontinuation across the bloc. Only 323 companies held valid MiCA authorization when the deadline arrived, with estimates suggesting the disruption could force as many as 10 million users to migrate digital assets to authorized providers. Fraudsters are exploiting the

According to Goldman Sachs' quarterly disclosure, the Wall Street firm increased its combined stakes to approximately $75 million across three biotech companies at quarter-end. Goldman raised its Capricor Therapeutics (CAPR) position to 73%, or 1.58 million shares worth $38 million, added 5.2% to Sellas Life Sciences (SLS) for $8.64 million, and maintained its ImmunityBio (IBRX) stake at 3.23 million shares valued at $28.32 million. Capricor plans to amend its Biologics License Application with

According to Harvard University's regulatory filing disclosed on Friday, SpaceX shares rose over 1% overnight on Sunday (August 17) after the university revealed a $2.2 billion stake in the company. SpaceX was Harvard Management's largest individual holding within its $4.3 billion U.S. equity portfolio. Mizuho reiterated an 'Outperform' rating and $200 price target on SpaceX, implying approximately 43% upside from current levels. The brokerage cited Grok 4.6's benchmark performance as roughly in

Micron Technology stock rose 1% in overnight trading late Sunday, reaching $971.66 after gaining 10.7% over the past week, as traders watch for a potential return to the $1,000 level. The rally comes amid discussions between Apple and the U.S. government over memory chip procurement. Commerce Secretary Howard Lutnick stated over the weekend that the U.S. government opposes Apple sourcing memory chips from Chinese manufacturer ChangXin Memory Technologies (CXMT), according to reports. The U.S. Se

According to BlockBeats, on August 17, the U.S. Federal Reserve's July FOMC minutes, August PMI, and earnings from major retailers including Walmart and Target are due this week. Recent U.S. CPI, PPI, and retail sales data came in weaker than expected, with market pricing for a September rate hike dropping to approximately 27%; Goldman Sachs has also stated that a September increase is "extremely unlikely." However, the FOMC minutes will be closely watched for officials' stance on inflation and

According to China's Foreign Ministry spokesperson, Chile's Foreign Minister Perez will conduct an official visit to China from August 18-22 at the invitation of Wang Yi, China's Foreign Minister and member of the Political Bureau of the Central Committee of the Communist Party of China.

According to USENIX Association, researchers from Sun Yat-sen University, Peking University and Zhejiang University recently identified $575 million in losses across Ethereum and BNB Chain caused by address misuse. On-chain analysis of millions of addresses uncovered 65,340 high-risk instances tied to contract and externally owned account misuse. Sending crypto to wrong contract addresses caused losses of 22,738 ETH and 8,681 BNB, while transfers to regular wallets with exposed private keys resu

According to Shanghai Futures Exchange data released on August 17, copper futures warehousing receipts surged to 55,292 tonnes, up 21,616 tonnes from the previous trading day. Aluminum futures receipts stood at 295,845 tonnes, down 1,998 tonnes. Silver futures receipts increased to 1,356,352 kilograms, up 21,708 kilograms from the prior session. Other commodities showed mixed movements, with zinc, lead, nickel and tin receipts rising moderately.

According to Shanghai Futures Exchange data released on August 17, fuel oil warehouse inventory declined by 15,000 tonnes to 20,420 tonnes compared to the previous trading day. Other energy and chemical futures inventory positions, including crude oil, bitumen, pulp, and coated paper, remained unchanged.

According to China's National Bureau of Statistics, industrial power generation in July reached 943.9 billion kilowatt-hours, declining 0.1% year-over-year, with daily average output at 30.45 billion kilowatt-hours. For the first seven months of 2026, cumulative industrial power generation stood at 569.85 billion kilowatt-hours, up 3.0% compared to the same period last year.

According to the National Bureau of Statistics, China's total retail sales of consumer goods reached 287.744 trillion yuan in the first seven months of 2026, up 1.2% year-on-year. Excluding automobiles, retail sales totaled 265.142 trillion yuan, growing 2.7%.

China's crude steel production declined 3.6% year-over-year to 76.93 million tons in July, while steel product output fell 4.1% to 116.46 million tons, according to production data.

According to the Financial Services Commission, detailed implementation guidelines for South Korea's token securities system, initially targeted for July release, have been delayed ahead of a February 2027 launch. The rules will cover eligible underlying assets, disclosure standards, and trading limits for fractional investment products. Issuance of fractional investment products—covering real estate, music copyrights, and art—fell sharply: 14 new issues through mid-August 2026 versus 60 in 2024

According to iM Securities analyst Park Sang-hyun, U.S. strategic petroleum reserves have recently fallen to their lowest level since January 1983, driven by prolonged Iran-related tensions. The reserves stood at 298.7 million barrels, representing a decline of over 100 million barrels compared to late February when military conflict between the U.S. and Iran appeared imminent. Park noted that approximately 130 million barrels remain unusable due to aging infrastructure, while commercial crude o

According to China's National Bureau of Statistics, the country's fixed asset investment (excluding farmers) totaled 260,328 billion yuan in the first seven months of 2026, falling 6.7% year-on-year. Among sectors, intellectual property product investment rose 9.1% during the same period.

According to China's Foreign Ministry spokesperson, Jordan's King Abdullah II will conduct a state visit to China from August 18 to 24, at the invitation of President Xi Jinping.

According to Jin10, Shanghai gold traded at 952.98 yuan/gram at midday on Monday, August 17, 2026. The price was 1.04 yuan per gram lower than the international gold price of 954.02 yuan/gram.

According to Jin10, the People's Bank of China on August 17 designated eight banks—Ping An Bank, Hengfeng Bank, Bohai Bank, Shanghai Bank, Hangzhou Bank, Huishang Bank, Changsha Bank, and Guangxi Beibu Gulf Bank—as digital yuan business operators. The new institutions will join the PBOC's digital yuan system after completing technical preparations. The total number of digital yuan operators has expanded to 30.

According to the National Bureau of Statistics, newly built residential prices in first-tier cities remained flat month-on-month in July, shifting from a 0.1% increase in June. Among them, Shanghai, Guangzhou, and Shenzhen rose 0.2%, 0.1%, and 0.2% respectively, while Beijing fell 0.3%. Second-tier cities saw prices decline 0.1% month-on-month, and third-tier cities dropped 0.3%, unchanged from June's pace.