Gate Crypto Flash News and Market Updates

According to CoinGlass, the crypto market saw $122 million in liquidations over the past 24 hours (Aug 10), with long positions accounting for $69.34 million and short positions $52.37 million. A total of 68,282 traders were liquidated.

According to ChainCatcher, Sharplink (Nasdaq: SBET) reported a net loss of $394.3 million in the second quarter of 2026, primarily driven by unrealized losses on ETH holdings of $321 million and impairment charges of $76.1 million on LsETH and weETH. Q2 revenue reached $11.5 million, showing significant year-over-year growth. As of June 30, Sharplink held approximately 886,881 ETH, with crypto assets valued at approximately $1.4 billion under U.S. GAAP. The company completed a $75 million regist

According to Nigel Green, CEO of deVere Group, Treasury Secretary Bessent made three policy moves in late July and early August as the 30-year Treasury yield finished at 5.27%, its highest level since 2007. On July 31, the U.S. and Japan jointly purchased yen after the currency weakened to nearly 164 per dollar—the first U.S. foreign-exchange intervention since 2011 and first yen purchase since 1998. The Treasury funded its side by selling euros rather than dollars, according to Reuters. In its

According to ChainCatcher, Lambda, an Nvidia-backed AI cloud infrastructure provider, is seeking $917 million through the leveraged loan market to purchase GPUs for expanding its AI computing resources. The financing will be structured as a debt instrument backed by GPU assets, marking a shift in how AI infrastructure companies fund large-scale chip acquisitions beyond traditional equity financing.

According to Bitget data, WTI crude and Brent crude both surged 5% today (August 10), with WTI reaching $80.17 per barrel and Brent hitting $85.58 per barrel. The price gains follow renewed statements from Iran's Foreign Ministry, which reiterated that U.S. maritime blockades constitute aggression, as U.S.-Iran tensions remain at an impasse.

According to BeInCrypto and Luke Dashjr, Bitcoin's BIP-110 soft fork proposal failed on August 9-10, 2026, garnering only 2.53% support and mining just two blocks before supporters abandoned the effort. The proposal sought to restrict data sizes in transactions to remove Ordinals inscriptions from blocks, but support fell far short of the reduced 55% threshold. Dashjr and BIP-110's pseudonymous author Dathon Ohm now plan a proof-of-work change targeting September 1 to launch a separate coin—movi

According to its announcement, OpenAI paused internal work on Astra, one of its upcoming models, over the past few days after evaluations indicated the model has reached the highest tier of its cyber-risk scale. The company said it "cannot rule out critical cyber capabilities" under its Preparedness Framework, which defines critical-level risk as a model's ability to find and exploit zero-day vulnerabilities across hardened systems autonomously or plan full attacks from high-level goals alone. O

According to Guru Club, WTI crude oil broke through $81 per barrel on August 10, rising 3.64% intraday.

According to Glow New Materials International (06616) on August 10, the Hong Kong-listed company issued a profit warning for the first half of 2026 ending June 30, expecting a net loss of RMB 50-100 million, compared to a net profit of RMB 100 million in the same period of 2025. Revenue is projected at RMB 2.5-2.7 billion, up 180-200% from RMB 912 million in H1 2025. The loss is primarily attributed to non-cash and one-time charges related to the company's July 2025 acquisition of Merck's global

According to financial disclosures, Tianda Pharmaceutical (00455) reported H1 2026 interim results on August 10, with revenue of HK$164 million, up 20.19% year-over-year. The company's net loss attributable to shareholders narrowed to HK$32.25 million, a 2.97% improvement compared to the same period last year. Earnings per share came in at a loss of HK 1.5 cents.

According to BlockBeats, on August 10, Argus Research analyst Jim Kelleher upgraded SanDisk from Hold to Buy with a 12-month price target of $1,600. The stock pullback presented an attractive entry point, as shares have declined 47% from their June 25 record high of $2,335. Last week, SanDisk shares fell 6.8% on disappointing guidance before declining a further 3.7%. Kelleher attributes the opportunity to AI-driven storage demand from major cloud providers building infrastructure.

According to Bloomberg, the Japanese yen fell 0.8% to 159.06 on Tuesday (August 10), erasing more than half the gains from a historic joint intervention by the U.S. and Japan initiated in early August. The yen had plunged to near 164—a 40-year low—before the two countries launched their first coordinated buy intervention since 1998, which temporarily pushed the currency to around 155. However, the recovery has since reversed, with traders concerned that thin liquidity on Japan's public holiday c

According to Ripple's SEC filing, Grayscale's XRP Trust ETF sold 103.41 million XRP worth $180.78 million during the first half of 2026, reducing its holdings from 122.23 million tokens at the end of 2025 to 55.04 million by June 30. The trust's XRP holdings value fell from $223.36 million at year-end 2025 to $57.41 million on June 30, as Grayscale recorded a $34.16 million realized loss on XRP sold for share redemptions, alongside a $17.47 million unrealized loss on its remaining position. Outs

According to Foresight News, Keel Infrastructure (Nasdaq/TSX: KEEL) reported Q2 2026 earnings on August 7, with total revenue of $30.43 million, down 50% year-over-year, primarily due to Bitcoin price decline and closure of its Moses Lake mining operations in April 2026. The company posted a net loss of $65 million and negative adjusted EBITDA of $23.69 million. As of August 7, Keel held 1,861 Bitcoin and $698 million in cash, with total liquidity of $819 million. The company sold 1,085 Bitcoin

According to government records, Fed Chair Jerome Powell completed the divestiture of all financial assets he had pledged to sell by August 10. Powell signed an ethics compliance certification from the government ethics office on Thursday last week, with the document made public on the agency's website on Saturday. The latest disclosure filing shows he has sold the remaining holdings covered under the divestiture agreement, with some investments valued at least $100 million.

According to Meike Pharma-B (02335), the Phase I clinical and preclinical data of MT200605, a neuroprotective candidate drug for acute ischemic stroke (AIS), has been accepted for oral presentation at the 2026 World Stroke Congress (WSC 2026). The Phase II clinical trial of MT200605 for AIS has achieved its primary endpoint with statistically significant and clinically relevant results. According to the current Phase II data, MT200605 demonstrated significant and robust efficacy in AIS patients

According to MicroStrategy (MSTR), the company sold $108.6 million in Bitcoin and raised approximately $653 million through common stock sales over the past seven days ending August 9. The company simultaneously repurchased $108.6 million in Stretch preferred shares (STRC). MicroStrategy currently holds approximately $58 billion worth of Bitcoin, making it the largest public company holder of the asset.

According to an announcement, Rare King Gold's (03788) subsidiary Primary Gold signed two contracts on August 10, 2026, for the Mt Bundy gold mine processing plant with a combined value of approximately A$120.98 million. Delonix Solutions Projects Pty Ltd was awarded the CO02 contract for dry plant engineering, procurement, and construction at A$92.48 million with a design capacity of 7 million tonnes per year. CPC Engineering Pty Ltd secured the CO01 contract for the wet plant's engineering, pr

According to Goldman Sachs, yen depreciation pressures are likely to reappear as the fundamental factors driving currency weakness remain unchanged. Despite intervention warnings from Tokyo and Washington, the widening interest rate differential between the U.S. and Japan, concerns over Japan's fiscal outlook, and geopolitical uncertainties continue to weigh on the yen. Strategists at Goldman Sachs noted that muted market reactions to recent intervention measures reflect the persistent nature of