Gate Crypto Flash News and Market Updates

According to the Palestinian News Agency, Palestinian President Mahmoud Abbas expressed on October 29 his hope that the formation of Israel's new government will create conditions for resuming Palestinian-Israeli political negotiations. Abbas made the remarks during a meeting with Cypriot President

According to the U.S. Department of Commerce on October 29, U.S. real GDP rose 3.4% in the third quarter (July–September) on an annualized, seasonally adjusted basis, surpassing market expectations of 3.2% and marking the strongest growth rate in a year.
Private domestic investment surged 19.4%,

According to Bristol Myers Squibb's chief commercialization officer Runkowski, the company aims to resume patient enrollment for zolacabtagene autoleucel, an experimental cell therapy for autoimmune disease, by early 2027, in collaboration with the FDA.
The company voluntarily paused clinical

The U.S. Dollar Index (DXY) fell below 102 on Oct 29, declining 0.13% during the day.

Bristol Myers Squibb raised its full-year 2026 revenue guidance to $497.5 billion–$502.5 billion from $490 billion–$500 billion, citing strong new drug sales. However, the U.S. pharmaceutical company lowered its adjusted earnings per share (EPS) outlook to $6.35–$6.55 from $6.75–$7.00 due to a

According to ChainCatcher, Stellar Development Foundation (SDF) announced a strategic investment in Marketnode today to expand institutional investors' access to tokenized real-world assets through the Stellar network. Marketnode, backed by Euroclear, HSBC, Singapore Exchange Group, and Temasek,

Shell's CEO stated today that higher oil prices now have structural stability, validating a prediction made six months ago that oil prices would experience a temporary rise.

According to Iran's Tasnim News Agency, Iran has not yet responded to U.S. Vice President Vance's letter as of October 29. Tehran reiterated its insistence that the United States meet seven conditions, stating that any positions contradicting this framework are

According to Ukraine's central bank, the country's GDP is projected to contract by 0.4% in 2026, down from a previously forecast 1.8% growth, marking the first economic contraction since the full-scale invasion began in 2022. The central bank cited intensified Russian airstrikes causing a sharp

According to CCTV Finance, China's sulfur prices have surged nearly 100% year-to-date in 2026, with peak prices reaching 11,600 yuan per ton and maximum gains exceeding 210% earlier in the year. The spike was driven by significantly reduced domestic sulfur imports amid geopolitical tensions, with in

According to CoinDesk, Switzerland's financial regulator (FINMA) approved the country's first spot Bitcoin ETF (BBIT) on October 20, with trading expected to commence in November on the SIX exchange. The regulator granted the fund an exemption from diversification requirements, allowing it to

According to the XRPL amendment dashboard snapshot on October 29, the LendingProtocol amendment received 18 votes out of 34 validators heard in the latest voting round, falling ten votes short of the 28 required for activation. A separate signed network snapshot recorded 19 votes out of 35 validator

President Trump said this morning that the GDP performance looks good from an economic perspective, according to his remarks.

According to Gate's market data, Ethereum (ETH) broke through $2,350 against USDT today, with a 24-hour gain of 0.85%.

According to CryptoQuant, XRP's taker buy/sell ratio on Binance hit 1.076 on October 29, reaching its highest level in three months. The metric, which measures buying versus selling pressure in exchange order flow, indicates sustained demand for the

According to PR Newswire, Wabi, an AI agent platform for building mini apps, raised $55 million at a $1.25 billion valuation on Thursday. Founded by Eugenia Kuyda, former founder of AI companion startup Replika, Wabi originally allowed users to build apps via prompts

According to retailers in Huaqiangbei, graphics card prices have surged significantly in recent weeks, with some popular models rising over 1,000 yuan in a single week as of October 27. Several high-end graphics card models are now priced above 50,000 yuan, while second-hand graphics card prices hav

According to the U.S. Energy Information Administration (EIA), U.S. natural gas inventory rose by 8 billion cubic feet last week, exceeding analyst expectations of 7.163 billion cubic feet. The week-over-week increase was 2.2%, compared to 2.16% in the previous week, bringing total inventory to 3.72

According to Guru Club, Yangzhou University's Finance Department issued a notice on October 20 announcing that starting from November 2026, salaries for all full-time, permanent staff and dispatched personnel will be distributed through digital yuan (e-CNY) wallets. The university required

According to Guru Club, on October 26, Hong Kong's Securities and Futures Commission approved secondary market trading of tokenized funds on licensed virtual asset trading platforms. Two existing SFC-authorized tokenized money market funds began offering full-day secondary market trading