Gate Crypto Flash News and Market Updates

According to Brazil's Liberal Party chairman Waldemar Costa Neto, on October 29, former President Jair Bolsonaro was unaware that his son Flavio Bolsonaro would leave the country. Neto said Flavio had met with his father before departing but did not disclose his plans to leave Brazil, and no one within the party was informed in advance. Neto also rejected Flavio's recent public letter issued under the title of "president-elect."

According to ChainCatcher, Intel Chief Financial Officer forecasts the company's custom chip business will expand at a threefold pace over the next three years.

According to SanDisk's fiscal Q1 earnings report (ended October 2), the company reported $110.31 billion in revenue, up 378% year-over-year and 23% sequentially. Data center revenue surged to $48.02 billion, up 61% sequentially. GAAP net income reached $81.01 billion.
SanDisk announced a 1-for-8

As U.S. officials acknowledge that the Trump administration's record $1.5 trillion defense budget will face difficulty gaining congressional approval, the Pentagon is preparing for significant cuts. The Department of Defense is preparing to reduce approximately $400 billion from the defense

According to EU Commission President Ursula von der Leyen, at the Canada-EU summit held in Montreal on October 29, von der Leyen reiterated that Canada should become the EU's first associate member. "We all want to elevate our relationship to the highest level. This is why we are discussing the idea of making Canada the EU's first associate member," von der Leyen said. The proposal reflects efforts to strengthen ties between the two parties amid broader shifts in the global geopolitical landscap

Intel announced $20 billion in capital expenditure for 2026, with further increases expected in 2027. The chipmaker also stated it aims to resume debt repayment in 2027.

According to Amazon's Chief Financial Officer, the Leo project's launch is running behind schedule and affecting the company's fourth quarter earnings guidance. Major expenses are expected to occur in the fourth quarter, with the project now anticipated to launch in the first quarter.

According to ChainCatcher, Intel's Chief Financial Officer expects industry supply constraints to persist through 2027 and continue into 2028.

On Thursday (Oct 29), major U.S. stock indices fell as Alphabet (GOOGL-US) slumped 12.64% and Marvell (MRVL-US) crashed over 13%, dragging down the Nasdaq by 1.38%. The S&P 500 declined 0.30% and ended a three-day winning streak, while the Philadelphia Semiconductor Index fell 1.42%.
Alphabet's

According to Binance CFO He Yi, the company confirmed today that it has received reports of potential security issues and is actively investigating. Binance's security team is urgently reviewing all related information and will release updates through official channels once verified, the statement s

Ethena disclosed on October 30 that its unrealized profit-and-loss (PNL) exposure to Binance totals approximately $8.8 million, significantly below its surplus reserve fund exceeding $60 million. All collateral involving exchange exposure is held with off-chain custodians rather than directly on the

Amazon plans to sell chips to customers outside of AWS next year, the company announced. The move marks an expansion of the chipmaker's go-to-market strategy beyond its internal cloud computing division.

According to the International Atomic Energy Agency (IAEA), one employee at Zaporizhzhia Nuclear Power Plant (ZNPP) was killed in a drone strike today (October 29).

According to ChainCatcher, Amazon CEO predicts AWS will generate annual revenue of $1 trillion within the next 5 to 10 years.

Strategy reported net profit of $195.3 billion for the third quarter. Shareholders approved a modification to convert four series of preferred stock to daily dividend payouts, with STRC beginning daily distributions on

According to BlockBeats, on October 30, Tether froze approximately $971 million in USDT suspected to be linked to abnormal large outflows from Binance. Reports also indicate that approximately $820 million in USDC remains unfrozen in wallets allegedly associated with the incident, pending further

Intel's CEO stated that the personal computer market has accelerated its slowdown over the past two months as OEM partners actively manage inventory to address weaker end-user demand. The current PC market environment is expected to persist until memory supplies stabilize and prices normalize.

Intel's Chief Executive Officer stated that the shutdown of the company's Israel manufacturing facility will affect fourth-quarter shipments of 10-nanometer server processors.

According to Intel's CEO, the company's first Intel 18A server product, Clearwater Forest, has begun shipment and is generating revenue. Diamond Rapids, Intel's debut server product utilizing the Intel 18A process, is currently undergoing sample testing and is expected to reach mass production in 2027.

Offshore Chinese yuan (CNH) traded at 6.6569 against the U.S. dollar at the New York close on Thursday, October 29, up 48 points from the previous day's close. The currency traded within a daily range of 6.6626–6.6560.