Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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14:02
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SEC Faces Warning Over Insider Trading in Prediction Markets on October 29

According to Bloomberg, on October 29, SEC Enforcement Director David Woodcock signaled the agency is monitoring prediction markets tied to corporate earnings and business performance for potential insider trading, fraud and manipulation. Woodcock did not announce new charges or identify a specific platform. The SEC has already approved Cboe binary options tied to corporate key performance indicators, including Citigroup's earnings per share and Apple's iPhone sales revenue, treating these instr
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14:01
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Anthropic Becomes SpaceX's Largest Customer, Accounting for 34.5% of Q3 Revenue

According to SpaceX filing documents verified by Bloomberg, Anthropic has become SpaceX's largest single customer, accounting for 34.5% of third-quarter revenue and surpassing the U.S. federal government. Starting December, Anthropic will pay approximately $3.1 billion monthly for computing power from SpaceX's Memphis data center under a contract that runs through 2029, with a total value of up to $120.5 billion.
14:01
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Global Air Passenger Demand Falls 0.5% in September, IATA Reports; Middle East, North America Decline Dragging Growth

According to the International Air Transport Association (IATA), global air passenger demand declined 0.5% in September, with Middle East and North America regions pulling back demand. Measured by revenue passenger kilometers (RPK), Middle East demand fell 8%, while North America dropped 1.6%. In contrast, Africa recorded 5% growth and Latin America and Caribbean regions grew 4.3%. IATA noted that despite the overall decline, the September figure showed improvement compared to August, with most
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14:01
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Two Texas Brothers Sentenced to 15-15.5 Years for Armed Kidnapping, Extorting $8M in Crypto

According to U.S. federal prosecutors, Raymond Christian Garcia and Isiah Angelo Garcia were sentenced on October 29 to 15 and 15.5 years in prison respectively for armed kidnapping and extorting over $8 million in cryptocurrency. The two brothers traveled from Texas to Minnesota on September 19, 2025, held up a family in Grant City at gunpoint for over 9 hours, and forced them to transfer cryptocurrency accounts. After failing to obtain the expected amount, they drove the victims to a vacation
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13:57
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China, Switzerland Sign Free Trade Agreement Upgrade Protocol on October 30

On October 30, China and Switzerland signed an upgrade protocol to their free trade agreement in Beijing, according to official sources. The agreement was signed by China's Commerce Minister Wang Wentao and Switzerland's State Secretary and Director of the State Secretariat for Economic Affairs
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13:46
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Amazon Reports Q3 2026 Revenue of $201.9B, Up 12% YoY; Signals $220B AI Capex Boost

Amazon reported Q3 2026 revenue of $201.9 billion, up 12% year-over-year (13% excluding foreign exchange headwinds), with operating profit surging 61% to $28.1 billion and operating margin reaching 13.9%, a record high. The company projects 2026 cash capital expenditures of approximately $220 billion, primarily allocated to AWS and AI infrastructure. Amazon indicated that 2027 capex will increase significantly to capitalize on AI infrastructure transformation opportunities.
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