Gate Crypto Flash News and Market Updates

According to Bloomberg, Japan-based packaging company Rengo plans to raise the prices of cardboard and other products by 10% or more.

According to Motley Fool analyst Will Ebiefung on October 12, the S&P 500's cyclically adjusted price-to-earnings (CAPE) ratio has reached approximately 41, marking only the third time in 156 years that the index entered extreme overvaluation territory. Historical precedents include the pre-Great Depression peak of 32.6 in 1929 and the dot-com bubble peak of 44.2 in 1999. The S&P 500 has gained an average of 21% annually over the past four years, double the long-term average return of approximat

According to Polygon, on October 12, the Open Money Stack (OMS) launched automated stable coin payment runs. Teams can now preset payment recipients, budget limits, and execution windows; the product automatically sends payment requests at cycle start without requiring signature for each transfer. Wallet verification occurs on-chain for recipients, spending caps, and expiration times. Teams can close rules early to block upcoming payment requests. Terms are recorded in the wallet's Sessions Modu

According to BlockBeats on October 13, BlackRock downgraded U.S. equities from overweight to neutral, shifting to overweight short-term U.S. Treasuries amid elevated interest rates and AI infrastructure investment volatility. South Korea's Kospi index plunged over 6.5% intraday, with Samsung Electronics and SK Hynix posting their fifth consecutive down day; foreign investors recorded net outflows exceeding $6 billion in October. U.S. stock option markets showed daily notional volume near $700 bi

According to Danske Bank analyst Silje Bauer, the US dollar touched an 18-month high on Monday (October 13) and remained near elevated levels amid reduced market risk appetite and hawkish remarks from Federal Reserve official Beth Hammack supporting further rate hikes. Markets are awaiting inflation data scheduled for Wednesday to glean more clues on the Fed's future rate path. Bauer stated that even if CPI data confirms the Fed may adopt a quarterly rate-hike pace, "we do not see this as a mate

According to Jin10 data, today (October 13), domestic gold jewelry prices declined approximately 15 yuan per gram compared to the previous day, with most brands of pure gold jewelry now trading in the 1,250-1,255 yuan per gram range.

According to reports, President Trump said today he is considering removing U.S. Ambassador to Greece Kimberly Guilfoyle from her position. Guilfoyle has been under investigation by the State Department Inspector General for allegations of accepting lavish gifts and allegedly attempting to leverage her influence within the U.S. government for financial gain.

According to AP and Trading Economics, Brent crude fell to $105.20 a barrel on October 13, down 1.3 to 1.4 percent, after Iran's Revolutionary Guards navy claimed to have hit a third "violating" supertanker in the Strait of Hormuz on October 12. The claim remains unverified and the vessel was not named. Independent reports confirmed projectile and drone strikes on tankers including MT Valthera on October 11, but a third hit has not been independently confirmed.

According to IMF, today October 13, the International Monetary Fund raised its 2026 economic growth forecast for South Korea to 3.3%, up 0.7 percentage points from its July projection. If realized, this would exceed the IMF's global growth forecast of 3.1%, marking South Korea's first time outpacing world economic growth since 2010, excluding 2020.

According to its foreign minister Badr Abdelatty, Egypt pledged full support to Saudi Arabia in combating Houthi militants on October 13 during the IMF annual meeting in Bangkok. When asked whether military assistance was possible, Abdelatty stated: "Whatever Saudi Arabia asks for, we will respond." He added: "We are providing all forms of support without reservation." Egypt is also considering joining the regional Mecca Defense Agreement.

According to the Korea Exchange, foreign investors made a cumulative net withdrawal of 199.1 trillion won (approximately 9.925 billion yuan) from the KOSPI market from January 2 through October 12. Samsung Electronics and SK Hynix were among the primary targets of foreign investor sell-offs during this period.

Navitas Semiconductor (NVTS) overnight unveiled a 24-kilowatt power delivery board developed with Nvidia targeting 97% efficiency for AI data center applications. The board eliminates an intermediate conversion stage, reducing energy losses and freeing circuit board space. It uses 16 gallium nitride (GaN) transistors at 650 volts and achieves power density exceeding 2,000 watts per cubic inch. NVTS stock traded over 1% higher overnight ahead of Tuesday's regular session.

According to UBS's China-based materials research head Sharon Ding, gold's downside risks have been largely absorbed by the market. On October 13, she noted that gold prices have declined about 5% since early September amid renewed inflation concerns and expectations of further Federal Reserve rate hikes. However, she believes gold prices now reflect a significant hawkish repricing. As market expectations for October Fed tightening have weakened, this headwind may begin to ease, Ding said. She a

According to the IMF's latest World Economic Outlook released at the annual IMF-World Bank meeting in Bangkok this week, the fund raised its global inflation forecast for 2026 to 4.7%, with expected easing to 4.1% in 2027. Global real GDP growth is projected at 3.1% for 2026 and 3.4% for 2027, though commodity prices and bond markets pose "imminent threats" to economic stability. Central banks across major economies signaled continued hawkish stances. U.S. Federal Reserve Governor Hamakc stated

According to IDC, Nvidia's datacenter AI chip market share in China dropped to 34% in the first half of 2026, with shipments declining 44% year-over-year to 678,000 units. U.S. export controls and increased competition from local manufacturers drove the decline. Huawei's AI accelerators captured 28% of the market with 572,000 units shipped, while other Chinese chipmakers including Alibaba's Pingtouge (7%), Cambricon (5%), Baidu's Kunlun (4%), and Hygon (3%) gained combined share among nine domes

According to Zhitong Finance, JD Health (06618) showcased comprehensive smart elderly care solutions at the 12th Beijing International Aging Industry Expo recently. The offerings span online consultation, home nursing care, smart medical devices, and health products, integrated through its "medical-check-diagnosis-pharmacy" service loop. The company's home nursing service covers over 60 care items including injections, wound care, and ventilator setup, with response time within 1 hour. JD Health

According to PANews, banking regulators are escalating efforts to contain artificial intelligence risks today (October 13), with six sources citing potential threats from cyberattacks and rogue AI agents that could destabilize global financial markets.

According to BlockBeats, on October 13, South Korea's KOSPI index closed down 348.9 points, or 5.47%, to 6,035.34. SK Hynix fell 10.09% and Samsung Electronics declined 7.38%, according to Bitget data. The sharp decline was driven by concerns over rising competition from Chinese chipmakers, with Changxin Memory recently making progress on a memory chip architecture also pursued by Samsung and SK Hynix.

Xiaomi Company announced that its SU7 model topped sales in the 200,000 yuan and above sedan segment in September 2026.

According to Jin10 Futures, as of 14:30 on October 13, the CFETS-NEX overall money market sentiment index rose to 47, up 1 point from 10:15. The sentiment indices for large banks, small-to-medium banks, and non-bank institutions climbed to 44, 47, and 49 respectively, each up 1 point. (Note: The index ranges from 0 to 100, with 50 representing equilibrium; readings above 50 indicate tight liquidity conditions.)