Gate Crypto Flash News and Market Updates

According to Science and Technology Daily, Ulanqab in Inner Mongolia had deployed computing power capacity of 1.9 million petaflops as of mid-October, representing 112% year-over-year growth. Intelligent computing accounts for over 95% of total capacity. The region has signed contracts for 109 computing center projects with over 7 million racks across multiple facilities.

According to Guru Club, on October 19, Bank of Japan Governor Ueda Kazuo stated that core inflation is approaching the central bank's 2% target. Japan is experiencing a positive cycle of rising wages and increasing prices, he said.

According to Guru Club, USD/JPY fell 0.19% to 157.72 on October 19.

According to Jin10 Futures, crude oil prices fell slightly at Monday's opening on October 20.

According to Jin10, the U.S. and Japan are conducting the 'Keen Sword' joint military exercise from October 19 to 29, 2026, centered on Japan's Kyushu and southwestern island regions. This year's drill marks the largest scale in history, involving approximately 45,000 Japanese Self-Defense Force personnel and 12,000 U.S. troops. The exercise expands into new domains including space, cyber, and electromagnetic operations. This marks the first overseas deployment of Japan's long-range "Type 25 ant

According to on-chain monitor EmberCN as reported by BlockBeats, a whale closed a $110 million Bitcoin long position at $80,949 on Oct 19 at 5 a.m., realizing a $3.26 million loss. The closing came after Bitcoin's price fell to $80,684 at 4 a.m., just $184 away from the whale's $80,500 stop-loss order, which remained untriggered. Following the BTC exit, the whale opened $45.8 million in U.S. stock index futures positions, including TSLA, DRAM, and SOXL.

According to the China Foreign Exchange Trade System (CFETS), China's renminbi exchange rate index rose 0.09 points to 103.70 on October 16.

On October 19, Japan's Nikkei 225 index fell below 64,000, declining 2.20% intraday. South Korea's KOSPI index narrowed losses to 1.00% after earlier dropping over 3%.

According to Yonhapinfomax, the heads of South Korea's five major banks—KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank, and NH Nonghyup Bank—appeared as witnesses at a National Assembly hearing on October 19 to address recent customer data breaches. The parliamentary inquiry is expected to focus on security vulnerabilities in the banking sector and management accountability, following confirmed data leaks at Shinhan Bank, KB Kookmin Bank, and Hana Bank.

According to latest analyst estimates compiled by Yonhap Infomax on October 19, Doosan's third-quarter operating profit is expected to surge 112% year-over-year to 490.6 billion won, driven by rising demand for CCL (copper-clad laminates), a core material for semiconductor circuit boards. Sales revenue is projected to grow 20.52% to 5.37 trillion won, as artificial intelligence demand boosts semiconductor production and accelerates Doosan's CCL shipments.

According to Seeking Alpha, Bank of America strategist Michael Hartnett on October 19 shifted to a cautious stance, warning that market risks will increase over the next three to four weeks amid mounting economic, political, and credit pressures. Hartnett identified multiple destabilizing factors, including a 3% real yield, ongoing conflicts in Eastern Europe and the Middle East, volatile oil prices, and expanding credit default swap spreads signaling stress in corporate credit markets. In respo

Japan's Ministry of Economy, Trade and Industry approved TSMC's Kumamoto plant II to produce 3nm chips, marking the first domestic manufacturing of such advanced semiconductors in Japan, with production scheduled for December 2028. The facility is planned for monthly capacity of 6,000 wafers. Japan's government will request subsidies of 732 billion yen in its 2027 budget proposal.

According to Bloomberg, on October 19, Meta said that Claude tools from Anthropic accessed Instagram profiles, posts, and hashtags at roughly four times the normal rate, triggering its automated safety system and resulting in the suspension of the "No Kings" organization's U.S. account. Meta stated that the account was restored after approximately one hour of automatic review, though management permissions took longer to recover. Meta apologized for the error but did not specify which Claude too

According to Bloomberg, Nvidia-backed AI data center developer Nscale is reportedly lowering its IPO valuation target from around $300 billion to between $160 billion and $190 billion to attract buyers. The company is addressing comments from the U.S. SEC on its filing and plans to launch roadshows once resolved. Microsoft previously exited a U.K. data center partnership with Nscale due to power supply constraints.

According to Counterpoint Research and TrendForce on October 18, Changxin Memory's monthly DRAM wafer capacity is expected to increase from approximately 320,000 wafers to 420,000 wafers by 2027, representing a gain of 31.3%. By end of 2028, the company's monthly DRAM capacity is projected to reach 500,000 to 600,000 wafers. If the upper threshold is achieved, this would represent an increase of 280,000 wafers, or approximately 87.5% growth from current levels.

South Korea's KOSPI index (benchmark equity index) narrowed its intraday decline to less than 1% on October 19.

According to ChainCatcher, Anthropic co-founder Jack Clark projected on Saturday at the IMF-World Bank annual meeting in Bangkok that AI could boost U.S. GDP by nearly 50% to $44 trillion by 2030 under certain conditions, compared to the current level of just over $30 trillion. The projection assumes sustained technological progress. Clark warned policymakers that evidence increasingly points to an "AI singularity," where AI development could accelerate beyond human control. He stated that the w

According to PANews, the Nikkei 225 index opened down 595.90 points on October 19, falling 0.91% to close at 64,728.39 points.

According to CoinDesk, Latvia plans to allow residents to pay personal income tax in cryptocurrency starting as early as 2027, strategic advisor to the Prime Minister Dizis Dejus announced on October 19 at the UN:BLOCK fintech conference in Riga. The Finance Ministry has approved the measure, though technical integration with payment service providers is still pending. On October 15, the Latvian Parliament passed new legislation changing the taxation approach. Instead of taxing each transaction,

According to Bitget market data, South Korea's KOSPI Index dropped 3.17% on Oct 19 morning, breaking below the 5,600 level. SK Hynix fell 4%, and Samsung Electronics declined 3%.