Gate Crypto Flash News and Market Updates

According to PPP prediction market tool monitoring, the probability that Strategy will be removed from the MSCI World Index or MSCI USA Index by December 31, 2026, reached 90% on Polymarket, up 25% over the past 24 hours. Settlement will be determined by official MSCI announcements or consensus reporting from multiple credible media outlets.

According to a presidential office statement on Oct 16, President Lee Jae-myung appointed Shin Jin-chang as vice chair of the Financial Services Commission and Park Dong-il as vice minister of the Ministry of Trade, Industry and Energy. Shin, a graduate of Seoul National University's business administration program, previously held key positions including director of financial policy and financial industry divisions at the FSC. Park, an economics graduate from Seoul National University, has exte

Iberdrola, BBVA and Santander completed a €150 million syndicated corporate loan managed entirely through blockchain technology, marking the first live syndicated loan in which the full lifecycle is administered using distributed ledger technology (DLT). The transaction covers execution, disbursement, interest calculations, repayments, contractual amendments, and transfers between lenders. The blockchain-based platform provides participating institutions with a single, synchronized and immutable

According to HTX DAO official announcement, the exchange completed its Q3 $HTX token burn on October 15, destroying approximately $15.48 million worth of tokens, up 13.8% quarter-over-quarter. The destruction was conducted as part of HTX DAO's established mechanism, whereby Huobi HTX allocates 50% of quarterly revenue toward $HTX buybacks and burns.

According to Darkfost, Bitcoin funding rates on Binance have turned negative, dropping to -0.0073%, indicating strong short demand in the derivatives market. Binance's funding rate formula uses a 0.01% interest rate baseline, making a negative rate a significant shift in market sentiment toward short positions.

According to OKX market data, as of October 15, OKX U.S. stock products recorded trading volumes of $51.874 billion over the past 30 days. Stock perpetual futures accounted for $50.469 billion, while spot trading represented $1.405 billion. The most actively traded stocks over the period were SNDK, SOXL, and SPCX, with the storage sector emerging as the top sector by volume.

According to predict.fun, the first Predict the Worlds tournament's loot boxes have been distributed as of today (October 16), with users able to view their loot rarity on the event page. The second batch of loot boxes will be released within the coming hours.

According to Houthi spokesman Yahya Saree, the Houthi armed forces downed a Saudi-operated Wing Loong-2 armed reconnaissance drone over Marib Province on October 16. The drone was conducting hostile operations at the time, and the Houthis used appropriate weapons to shoot it down.

According to CNBC citing Harvard's annual financial report released on October 15, Harvard Management Company's endowment achieved a 27.1% return in fiscal 2026 (July 2025–June 2026), marking its highest return in the past five years. The performance outpaced the S&P 500's total return of 22.3% by 4.8 percentage points. Harvard's total endowment grew to approximately $68 billion. According to the university's latest SEC 13F filing from the second quarter, SpaceX equity represents Harvard's large

According to BlockBeats, Trump's AI task force held its first meeting on October 16, agreeing to address cybersecurity, biosecurity, and model control and accountability risks. The White House announced the task force, officially called the SuperIntelligenceForce, will direct the President's Council of Advisors on Science and Technology to prepare a report assessing these risks. The task force will also establish protocols enabling AI laboratories to provide early warnings and systematic notific

According to Guru Club, Vietnam's BSR oil refinery announced on October 16 that it will undergo major maintenance in 2027 while ensuring crude oil supply through year-end 2026.

According to Guru Club, IMF Managing Director Kristalina Georgieva stated on October 16 that artificial intelligence risks could exceed its opportunities without proper safeguards. Georgieva emphasized that the world needs an ethical foundation to support AI development, but expressed uncertainty about whether society as a whole is adequately prepared for such measures.

On October 15, Nvidia released Nemotron 3.5 Super VL, a 120-billion-parameter open AI model for enterprise agents, according to the company. Super VL is available on Hugging Face, OpenRouter, and ModelScope, as well as through Nvidia NIM for production deployment. Companies can post-train the model on their own data and deploy it on their own infrastructure. Nvidia also announced Bolt 74B-A9B 24GB, available now, and Bolt E4B 4GB, launching October 23. Users integrating Super VL include Atlassia

Vietnam's BSR refinery will use domestic crude oil for 88 percent of its feedstock in 2026, exceeding its previous plan of 70 percent, according to the refinery's latest guidance.

According to CCTV, on October 16, Houthi forces controlling most of Taiz province have encircled Taiz city, cutting off access from all sides. The blockade has triggered panic among residents, with food prices rising sharply and food security coming under threat amid widespread supply disruptions.

According to WuBlockchain, Arthur Hayes, co-founder of Maelstrom, recently shared an investment strategy prioritizing Bitcoin accumulation. Hayes indicated that the fund's Bitcoin holdings significantly exceed its positions in other tokens, and he advocates converting profits from alternative assets into more Bitcoin. He emphasized that Bitcoin's performance depends on entry price and market dynamics, reflecting his commitment to building the fund's BTC position amid current market conditions.

According to Castle Labs (shared by @WuBlockchain), Solana's on-chain Real World Assets market capitalization surged from approximately $700 million to $4.3 billion over the last year. Solana's RWA market share expanded from roughly 4.5% to 26%, while Ethereum's on-chain RWA market cap grew more modestly from $15.5 billion to $16.6 billion. Additionally, Solana's application revenue reached $193.1 million in the past month, surpassing both Ethereum and Hyperliquid.

According to SoSoValue, yesterday (October 15), Bitcoin spot ETFs recorded total net inflows of $50.551 million. BlackRock's IBIT led with $16.7857 million in net inflows, while Grayscale's BTC mini trust saw the largest outflows at $7.6391 million. Bitcoin spot ETF assets under management reached $10.5706 billion, with a cumulative net inflow of $5.6961 billion to date.

According to Shanghai Vice Mayor Lu Shan at a State Council Information Office press conference today (October 16), Shanghai will strengthen coordinated measures across regulation, venues, and supply chains to expand imports. The city plans to accelerate quarantine clearance for animal, plant, and food products to facilitate trade conversion, upgrade three national-level import trade promotion demonstration zones, and establish online and offline trading platforms to assist overseas small and me

According to Shanghai Vice Mayor Lu Shan at a State Council Information Office briefing on the 9th China International Import Expo preparations, Shanghai will strengthen coordination across institutional reforms, carrier platforms, and supply chains. On the supply chain front, Shanghai will attract and cultivate leading enterprises to enhance global procurement and distribution capabilities, building an import supply chain network that connects globally and radiates nationwide. In regulatory ref