Gate Crypto Flash News and Market Updates

According to China Central News Agency, on October 15, China's mainland stock market declined sharply, with the Shanghai Composite Index briefly dropping below 3,700 points intraday before closing at 3,707.48, down 1.59%. The Shenzhen Component Index fell 2.43%, and the ChiNext Index dropped 2.92%. Memory chipmaker Changxin Memory fell 5.24% to 43.59 yuan, with market value declining to 2.96 trillion yuan, dropping below Industrial and Commercial Bank of China (3.03 trillion yuan) and China Cons

According to Guru Club, the Hang Seng Index declined 1.03% to close at 24,062.72 points on Thursday (October 15), while the Hang Seng Tech Index fell more sharply at 2.72% to 4,060.99 points. Technology and AI hardware stocks led the decline, with Lenovo dropping 14.54%, Fiberhome Telecommunication Technologies falling over 13%, and several other chip-related names including Tianshu Zhipai, MINIMAX-W, Lanshi Technology, and Zhipu sinking over 10%. Major tech giants Alibaba and Tencent also decli

According to Ginyi Securities data, China's three major indices fell sharply on October 15. Shanghai Composite closed down 1.59% at 3,707.48 points, Shenzhen Component dropped 2.43% to 11,816.79 points, and ChiNext Index declined 2.92% to 2,783.17 points. Total trading volume across the two markets and Beijing Stock Exchange reached 1.633 trillion yuan, with 425 stocks advancing and 5,105 declining.

According to Ping An Fund Management, the company announced today (Oct 15) the launch of the Global Strategic Resources Fund, focusing on three core investment areas: uranium mining, rare earth elements, and power infrastructure. Subscriptions for the fund will open on Oct 19. The fund employs a three-sector allocation strategy combining growth-oriented uranium and rare earth positions with defensive power grid infrastructure holdings. Historical data shows the strategic resource allocation mode

According to BlockBeats, on October 15, the U.S. September Producer Price Index (PPI) year-over-year rose to 6.3%, exceeding market expectations of 5.3% and marking the highest level since May 2026. The month-over-month PPI increased 1.3%, significantly above the forecasted 0.8%. U.S. retail sales also gained 0.8% month-over-month, surpassing expectations.

U.S. retail sales excluding automobiles increased 0.9% month-over-month in September, exceeding economists' expectations of 0.5% growth. The figure represents a slowdown from August's 1.4% gain, according to official economic data.

According to BlockBeats, initial jobless claims in the United States for the week ended October 10 came in at 199,000, below the forecast of 200,000. The prior week's figure was revised upward to 198,000 from the previously reported 197,000.

U.S. retail sales excluding autos and gas increased 0.2% in September, matching economist forecasts, according to official economic data. The reading represents a sharp deceleration from August's 1.2% monthly gain.

U.S. retail sales rose 0.8% month-on-month in September, according to data releases, exceeding expectations of 0.3% and up from a prior reading of 1.2%.

According to Jin10 Futures, as of 8:30 PM Beijing time on October 15, WTI crude oil futures were up 0.04%, while U.S. natural gas futures advanced 0.81%.

According to SoSoValue's XRP ETF tracker, US spot XRP exchange-traded funds attracted just $740,400 in net inflows on October 14, marking a sharp slowdown from the sustained institutional demand seen in September. Cumulative inflows since the products began launching in November 2025 have reached approximately $1.8 billion, while Bitwise was the only issuer to attract new capital on the day. The modest inflow contrasts with stronger daily figures recorded in late September, when XRP ETFs drew ap

According to mpost.io, on October 15, BingX EU (MEGE zweite GmbH) secured its Markets in Crypto-Assets Regulation (MiCAR) license from Austria's Financial Market Authority (FMA), enabling the platform to offer regulated crypto services across 29 countries in the European Economic Area (EEA). The authorization allows BingX EU to provide regulated broker services including crypto custody, exchange, and other crypto asset services under a unified regulatory framework focused on transparency, securi

According to @PythNetwork, Pyth Network announced Q3 2026 results with cumulative trading volume of $2.16 trillion in real-world asset (RWA) perpetuals, marking its largest quarter to date. Open interest climbed 79% to a record $12.6 billion. Pyth priced $2.04 trillion of the total volume during the period, underscoring its central role as a decentralized price oracle in the RWA market.

U.S. core producer price index rose to 5% year-on-year in September, exceeding market expectations of 4.4% and up from 4.6% in the prior month.

According to Bitcoin News, an address transferred 4,581.94 BTC on October 12 after holding the assets since March 3, 2020. The Bitcoin, originally acquired at approximately $8,830 per coin (then valued at roughly $40.5 million), sold at around $82,350 per BTC, totaling approximately $377 million. The 4,581.94 BTC was distributed to five new addresses, with four receiving 1,000 BTC each and the fifth receiving 581.94 BTC. As of the following day, none of the five addresses had initiated any outgo

According to Bloomberg, the U.S. expressed dissatisfaction with current emergency crude oil releases and urged IEA member countries to deploy an additional 100 million barrels today (October 15). The U.S. recommended the extra release beyond existing strategic petroleum reserves drawdowns.

According to the announcement on October 15, High-Tech Bridge Optoelectronics' (09963) subsidiary plans to acquire a 49% stake in Haotai Investment from Haodale Technology for RMB 249.9 million. The purchase price will be settled via issuance of 32.487 million consideration shares at HKD 9.00 per share. Upon completion, the group will hold approximately 24.99% economic interest in Yinhu Tianjin, which operates fiber optic preform production and sales in China.

U.S. producer prices surged 1.3% on a monthly basis in September, exceeding economists' forecast of 0.6% and marking a significant acceleration from August's 0.4% gain.

As of the week ending October 10, the U.S. initial jobless claims four-week moving average stood at 198,500, up from the prior week's revised figure of 198,250.