Gate Crypto Flash News and Market Updates

According to Bloomberg, the UK banking sector's tax increase will be temporary in nature. The exact duration of the temporary measure was not specified in the report.

According to PANews, Yushu Technology announced on October 28 that third-quarter 2026 revenue reached 665 million yuan, up 69.93% year-on-year, while net income attributable to shareholders declined to 113 million yuan,

According to Foresight News, TermiX, an agent commerce layer backed by YZi Labs, has discovered that fraudsters are impersonating team members to solicit investments from community members. TermiX has not conducted any community fundraising activities. The team urged users to remain vigilant and ver

According to PANews, Wells Fargo downgraded Robinhood (HOOD.O) price target to $100 from $120 on October 28. The bank also adjusted price targets for three other major companies: Boeing (BA.N) downgraded to $210 from $250, United Parcel Service (UPS.N) upgraded to $112 from $110, and Cloudflare

According to Jin10 Futures and Longzhong Information on October 28, China's methanol supply in 2026 maintains a west-to-east trading pattern, with imports declining by roughly 50% compared to 2025 due to prolonged U.S.-Iran tensions and disruptions in the Strait of Hormuz. The significant reduction in port supply has driven domestic producers to increase exports to coastal terminals. Key flows include methanol from Inner Mongolia, Shaanxi (Yulin and Guanzhong regions), and Shanxi into Lianyungan

According to BlockBeats, Microsoft and Alphabet are set to report earnings overnight (October 29 Beijing time), with OKX prediction markets showing 62% and 61% odds of beating expectations. Predictions for post-earnings stock gains on the first full trading day stood at 59% and 65%, respectively, sh

According to South Korea's Financial Services Commission, the Securities and Futures Commission on October 28 decided to refer investors and company officials to the Serious Crimes Investigation Office for insider trading violations. The officials and related parties illegally gained

According to Tom's Hardware, Core 4 Solutions listed a 300-rack AI supercomputer cluster on eBay on October 27 for $59.7 million. The cluster comprises 9,600 Nvidia A100 40GB accelerators, 4,200 AMD EPYC Rome 64-core processors, and 1.4 petabytes of DDR4 memory across 268,800 total cores. The

According to ChainCatcher, Huawei unveiled the OSCAR intelligent channel processing solution and the new UBBPi baseband series at the Decoding China 2026 event. The announcement marks the first time Huawei has introduced the concept of "tau (τ) law" time-scale microscopic principles into

India's industrial output grew 6.7% year-over-year in September, falling short of the 7.2% forecast.

According to Farside Investors, US crypto ETFs recorded $96.6 million in net inflows on October 27, driven by $176 million in Bitcoin inflows that offset $60.2 million in Ethereum withdrawals and $19.2 million in Solana redemptions. BlackRock's iShares Bitcoin Trust (IBIT) accounted for $151.5 milli

According to FinanceFeeds, on October 27, US Treasury Secretary Scott Bessent said cryptocurrencies and dollar-backed stablecoins could strengthen the dollar's global dominance, speaking at Ripple's Swell conference alongside CEO Brad Garlinghouse.
Bessent identified digital assets as

According to Jin10 Data on October 28, Unilever warned that product price increases will expand further in the fourth quarter and next year due to accumulated costs from the Iran war. The company is coordinating with other major consumer goods manufacturers to shift cost pressures onto consumers. Major corporations including Coca-Cola, Procter & Gamble, Nestlé, and Reckitt have also cautioned about potential further price increases next year to offset the impact of the war initiated by the U.S.

According to sources, daily average exports of Black Sea CPC blend crude oil are expected to decline 2% in November compared to October levels.

According to chain sleuth Specter, Bloom drainer transferred nearly $1 million using 2,152 distinct addresses with sophisticated automation, including repeated splitting and consolidation across chains. The 2,152 addresses comprised 1,326 Solana addresses, 822 EVM addresses, and 5 Zcash addresses. Additionally, 26.099 ZEC was moved into Zcash's Sapling shielded pool.

According to BlockBeats, on October 28, Canary Capital submitted a revised registration statement (S-1/A) for its Canary PEPE ETF to the U.S. Securities and Exchange Commission, following an initial S-1 filing on April 8, 2026. The fund plans to hold PEPE tokens directly and list on Cboe BZX

According to Lookonchain monitoring data reported by ChainCatcher, an address created nine days ago deposited $1.25 million USDC and began shorting ETH. The address has been liquidated 13 times, with 18,080 ETH positions worth $43.9 million cleared, resulting in $1.14 million in

According to MarketWatch columnist Mark Hulbert, historical data spanning since the 1890s indicates the widely-anticipated Christmas rally does not truly begin until December 25. Analysis of the Dow Jones Industrial Average shows November-December average gains are not significantly different from o

According to Bloomberg, GE Vernova announced recently that it will acquire Trench Group for $9 billion.

According to Solid Intel, Itaú Unibanco, Brazil's largest bank, became the first to formally launch cryptocurrency trading and custody services under the Central Bank's new regulatory framework on Tuesday (Oct 28). The bank filed notice with the Central Bank ahead of the Oct 30