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
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SEC Chair Atkins Vows to Advance Crypto Regulation After CLARITY Act Fails Senate Vote

According to SEC Chair Paul Atkins, the SEC will continue pursuing comprehensive crypto market regulation despite the failure of the Digital Asset Market Structure Clarity Act to pass the Senate's 60-vote threshold on September 15. Following the legislative setback, the policy focus has shifted to regulators leveraging existing authority to provide regulatory clarity. In September, the SEC announced interim regulatory exemptions to ease certain tokenized equity trading. Meanwhile, Patrick Witt,
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18:41
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Patrick Witt Steps Down as White House Digital Assets Advisor

According to ChainCatcher, Patrick Witt, executive director of the White House Presidential Digital Assets Advisory Council, announced his departure from government service last week to return to the private sector. The position remains unfilled, and the White House has not yet publicly named a successor. This follows recent departures of Harry Jung and Bo Hines from the same council.
18:30
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UN Biodiversity Conference Opens in Armenia on October 18, Expected to Produce 54 Decisions by October 30

According to Jin10, the 17th Conference of the Parties to the Convention on Biological Diversity opened in Yerevan, Armenia, on the evening of October 18. The conference will formally launch on October 19 and conclude around October 30. UN Biodiversity Convention Executive Secretary Astrid Schomerus stated that parties are expected to reach approximately 54 decisions within about 10 days. The meeting will review implementation of the Kunming-Montreal Global Biodiversity Framework.
18:12
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Ghana and Nigeria Arrest 28 in Crypto-Linked Scam Crackdown, Identify $11M in Freezable Funds

According to the U.S. Department of Justice announced on October 13, authorities in Ghana and Nigeria arrested 28 people during an October 6–9 crackdown on cryptocurrency-linked investment scam networks, identifying $11 million in potentially freezable funds. Ghanaian authorities arrested 19 people in Sasaabi near Accra and seized 303 electronic devices; Nigerian authorities arrested nine people in Delta State and seized 53 devices. The operation, hosted by the UK's National Crime Agency, identi
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18:01
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Altcoins Decline Over 5% This Weekend, Marking Largest Drop Since April: Glassnode

According to Glassnode, altcoins declined over 5% this weekend, marking the largest weekend drop since April amid selling pressure driven by equity market fears. The on-chain analytics firm noted that concerns from traditional equity markets have spilled into the cryptocurrency sector, intensifying selling pressure across altcoin holdings.
18:00
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Trader Faces Bitcoin Liquidation on Hyperliquid With $97.87M Position at 40x Leverage

According to Bitcoin.com News, a trader on decentralized perpetual platform Hyperliquid held a 1,205.30865 BTC long position worth approximately $97.87 million with 40x isolated leverage as of October 18, 12:25 UTC. The position's average entry price was $81,913.80, with an estimated liquidation price of $79,828. Bitcoin traded at $81,117 on Bitstamp, only 1.59% above the liquidation level. The account faced unrealized losses of approximately $866,500 and funding fee expenses of $87,000, with av
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18:00
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Charles Schwab Enables Bitcoin and Ethereum External Wallet Transfers for Qualified Customers

According to Odaily, Charles Schwab has started rolling out external wallet transfer capabilities for Bitcoin and Ethereum to qualified customers as part of a phased rollout. The service supports both deposits to and withdrawals from external wallets, expanding beyond market exposure available solely within investment accounts. The brokerage clarified that Bitcoin and Ethereum holdings are not covered by FDIC insurance and do not qualify as protected bank deposits. The company has indicated plan
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BTC-0.37%
ETH-1.97%
18:00
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Vitalik Launches AI Agent Paranoia Mode to Hide Identity and Payment Traces on October 16

According to Odaily, on October 16, Vitalik Buterin launched a paranoia mode for his AI agent designed to hide user identity, request sources, and payment traces. The system integrates zkAPI, Tor, additional obfuscation traffic, and local language model prompt rewriting into an OpenAI-compatible daemon, with an outer wrapper designed for the pi agent framework. The system is now operational on the Ethereum mainnet and supports ETH and USDC deposits. Buterin noted the system is "reasonably usable
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ETH-1.97%
17:41
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Bloomberg Strategist Warns Bitcoin Could Fall to $10,000 on 20% US Stock Decline

According to Bloomberg Intelligence strategist Mike McGlone, on October 16, Bitcoin could fall toward $10,000 if the U.S. stock market suffers a 20% correction. McGlone argued that Bitcoin's recent weakness below $100,000 peaks, combined with rising Treasury yields and tighter monetary conditions, may signal a broader financial-market downturn. The $10,000 scenario would represent an approximately 88% decline from Bitcoin's recent trading levels near $82,000. CryptoQuant founder Ki Young Ju disp
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BTC-0.37%
17:32
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Saudi Warplanes Conduct 110 Airstrikes on Yemen in 24 Hours, Over 30 Killed and Wounded

According to Houthi military spokesman Yahya Saree, in the past 24 hours ending October 19, Saudi warplanes conducted 110 airstrikes and missile attacks targeting civilian areas in Sanaa, Hodeidah, Taiz, Amran, Hajah, Saada, Jawf, Dhalea, and Marib provinces. The strikes were carried out by F-15 and Typhoon fighter jets operating from bases in Hamismusheit and Taif, with missile attacks launched from the Najran direction, resulting in over 30 deaths and injuries, mostly women and children. Since
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17:32
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Ledger Unveils Atom Device at $849, Aims to Secure Crypto and AI Activity

According to Bitcoinist, Ledger unveiled Atom on October 15, a smartphone-like device priced at $849 for its Founders Edition designed to approve sensitive digital activity including crypto transactions, online identity, and AI agent interactions. The device combines Android-based apps with Ledger OS on a separate secure chip; when authorization is needed, the secure operating system controls the display for user verification. The device includes hardware privacy controls for camera and micropho
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17:31
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Chainlink's Top 50 Wallets Hold 51.9% of LINK Supply, but Binance and Staking Distort Concentration Picture

According to The Distributed, data from October 17 shows that Chainlink's top 50 addresses hold approximately 51.9% of LINK supply, with the top 10 alone accounting for 31.4%. However, these figures do not represent 50 individual investors' holdings. A Binance hot wallet holds about 4.2% of supply, while another Binance wallet holds 2.3%, together accounting for roughly 6.5% of total supply. Separately, Chainlink's community staking pool contains 4.1% of supply, representing pooled deposits from
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LINK-2.08%
17:26
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Trump Intends to Support Netanyahu, Held Back from Early Endorsement

According to Jin10, citing Israel's Channel 12, Trump stated on October 18 that he intended to support Netanyahu all along but chose not to express it too early. Trump said: "We have a good relationship, and we will continue to work together on many things." When asked if this meant he could not cooperate with other prime ministers, Trump replied: "Maybe I can work with others, maybe I cannot. Why take the risk?"
17:21
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Solana Activates Alpenglow Upgrade on October 21, Targeting 150-Millisecond Finality

According to the Solana Foundation, the network will activate its Alpenglow consensus upgrade on October 21 around 15:00 UTC, targeting transaction finality of approximately 150 milliseconds compared with the current 12.8 seconds. The upgrade replaces validator voting transactions with direct vote exchanges, removing votes from on-chain blocks. Solana Compass data shows validator votes accounted for roughly 63% of network transactions between October 10 and 12, meaning reported TPS could appear
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SOL-1.58%