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.
Today
06:38
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Hyperliquid (HYPE) Drops 4% in 24 Hours to $88

According to COINOTAG, Hyperliquid (HYPE) dropped 4.29% in 24 hours to $88.38 as of late Friday, October 31, with the price sliding further to $88.24 by press time. The decline outpaced broader market movements.
06:35
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USDC Circulating Supply Declines by 800M in 7 Days as Redemptions Outpace Issuance

According to PANews, USDC's circulating supply fell by approximately 800 million over the past 7 days ended Oct. 29, as Circle issued about 10.9 billion USDC and redeemed approximately 11.7 billion USDC. Total circulating supply now stands at 70 billion USDC, backed by total reserves of approximately 71.4 billion USD: overnight reverse repurchase agreements account for 32.9 billion USD, Treasury securities with maturities under 3 months comprise 27.5 billion USD, systemically important instituti
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06:30
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Stonk Website Restores After Domain Attack, Migrates to New Infrastructure

According to Stonk's official statement, StonkFun's website has been restored and is now running on new infrastructure following a domain attack that prompted a temporary shutdown. On-chain functions are operating normally, and the platform reports no users have been affected so far. The company
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06:21
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NH Bank, MoonPay and Finger Partner on Cross-Border Digital Asset Payments

According to Korea Economic Daily, NH Bank, MoonPay, and Korean fintech company Finger signed a collaboration agreement on digital asset-based financial services. The three parties plan to develop applications for digital assets in payment and financial scenarios, with focus on cross-border
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06:21
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Tether Reports $1.5B Q3 Profit, Excess Reserves Nearly Double to $7.95B

According to Foresight News, Tether reported third-quarter net operating profit of $1.5 billion, with excess reserves increasing to $7.95 billion from $4.1 billion in the prior quarter. USDT in circulation remained stable at $184 billion, while the company's total reserves reached $191.5 billion
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06:09
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Binance Spot BTC Posts $6.74M Sell Order at $77,370

According to ChainCatcher, Binance spot BTC has a sell order of 87.16 BTC placed at $77,370 (approximately $6.74 million) as of October 31, based on monitoring data from Liquid247.xyz. The orderbook showed total buy-side liquidity of approximately $12.17 million against sell-side depth of
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BTC-1.69%
05:46
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Curve Daily Trading Volume Halves to $425M on October 30

According to DefiLlama, Curve's daily trading volume halved to $425 million on October 30, though it remained 335% above the seven-day median. Meanwhile, the proportion of USDT in the 3pool declined from 74.8% to 69.8%.