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
23:33
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Bitcoin Falls 2.02% to $81,480 Amid Risk-Asset Selloff; Nasdaq Down 2%

According to BlockBeats and HTX data, on October 15, Bitcoin fell 2.02% in 24 hours to $81,480, tracking a broader selloff in risk assets. The Nasdaq 100 index declined 2%, and the U.S. dollar rose to its highest level since May 2025, as investors retreated from speculative trades following higher-than-expected inflation data. U.S. stocks closed Wednesday with the Dow down 0.09%, the S&P 500 down 1.1%, and the Nasdaq down 1.88%, while chip stocks faced renewed pressure amid Fed rate hike concern
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BTC-1.95%
23:31
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Bitso Lists Western Union's USDPT Stablecoin in Mexico

According to commentator @SolanaFloor, Bitso has listed Western Union's USDPT stablecoin in Mexico, marking an expansion of the Solana-based digital dollar across Latin America. The move signals Western Union's strategic push to integrate digital dollars into mainstream finance within the region. Western Union, a global leader in cross-border payments operating in over 200 countries, positioned the USDPT on the Solana blockchain to provide a secure and efficient payment method aligned with regul
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USDPT0.19%
SOL-2.19%
23:30
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Daeshin Asset Management Reaches 106.8 Billion Won in Fund Settings Within One Week, Implements Soft Closure

According to Yonhap Infomax, Daeshin Asset Management launched its 'Shareholder Return High Dividend' fund this month (October), reaching 106.8 billion won in fund settings by October 12, just one week after launch. The rapid inflow prompted the firm to suspend new sales from October 19 to 30, with sales resuming on November 2. CEO Chung Man-sung targets over 1 trillion won in fund assets long-term. The fund employs a shareholder return strategy, combining dividends and share buybacks. It evalua
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23:22
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Barclays Downgrade Dell, HPE, and NetApp on October 14; Dell Stock Falls 11.27%

According to Barclays and CNBC, on October 14, the bank downgraded Dell Technologies, HPE, and NetApp from Buy to Hold, citing expectations that enterprise AI spending accounts for only 5% of total IT budgets, significantly below market forecasts. Barclays noted that while data center equipment makers reported strong revenue, the gains stemmed from passing along global memory semiconductor price increases to customers rather than genuine enterprise AI transformation. The bank warned that normali
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23:22
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Elon Musk Warns AI Data Center Projects Face Power, Cooling, and Network Bottlenecks Beyond Funding on Tuesday

According to Elon Musk's post on X on Tuesday (October 13), securing funding for AI data centers is only the first hurdle; the real challenge lies in managing power supply, thermal dissipation, and network infrastructure. Musk stated that funding and actually building complex hardware systems with massive power, cooling, and network requirements "are not the same thing," emphasizing that despite SpaceX's engineering strength, such projects remain extremely difficult. SpaceX's Colossus supercompu
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23:20
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Landauer Nanophotonics Showcases EUV Light Source Prototype With 90% Localization Rate

According to reports, Landauer Nanophotonics unveiled the most advanced domestic EUV lithography light source prototype at the 26th China International Industry Fair, marking a significant breakthrough for China's chip self-sufficiency in advanced semiconductor manufacturing. The prototype features a 90% localization rate with core components developed independently and is capable of supporting chip exposure testing. However, the system requires 3-5 years before mass production, with key challen
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23:16
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Kakao Stock Drops 47% in One Year, Market Cap Wiped Out 12.4 Trillion Won

According to Yonhapinfomax, Kakao stock fell to 31,700 won on October 14, down 47% from 59,800 won on October 13, 2025, erasing approximately 12.4 trillion won in market capitalization. The decline came one year after CEO Jung Shin-ah pledged to prioritize shareholder value and AI-driven growth. Despite achieving record operating profits of 732 billion won in 2025 and 277 billion won in the second quarter of 2026, the stock continued declining. Kakao announced plans for a stock split in August,
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23:16
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Kakao Unveils AI Agent Services, Targets 1 Trillion Won in AI Revenue by 2030

According to Yonhapinfomax, Kakao on October 13 unveiled personalized AI agent services at its annual developer conference in Yongin, South Korea. The announcement includes Kanana Space, which enables users to manage messages, schedules, and web searches through voice commands on KakaoTalk, with plans to expand to shopping, gifting, reservations, and payment functions. The company also introduced Canvas, a PC-based service for creating custom AI agents. Kakao aims to achieve over 6 trillion won
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23:16
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U.S. Social Security Benefits Rise 3.6% for 2027, Highest Increase in Four Years

According to the U.S. Social Security Administration, on October 14, the SSA announced a 3.6% cost-of-living adjustment (COLA) for 2027 Social Security benefits, marking the highest increase in four years. The adjustment will result in an average monthly raise of $75 per beneficiary. The COLA is calculated based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from July through September, with September's CPI-W rising 3.9% year-over-year.
23:15
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S-One Announces 450 Billion Won Share Buyback, Stock Soars 10.7% Overnight

According to Yonhapinfomax, S-One announced yesterday (October 14) a 450 billion won share buyback and cancellation plan, triggering a 10.7% surge on the NXT aftermarket to 96,300 won. The Seoul-based Samsung affiliate security company plans to cancel 4.548 million existing shares and acquire an additional 4.545 million shares, totaling 8.734 million shares or approximately 23% of outstanding stock. The public tender offer price was set at 99,000 won per share, about 15% higher than the regular
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23:13
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JPMorgan CEO Warns U.S. 10-Year Treasury Yield Could Hit 6%, Economic Impact 'More Severe' Than Prior Rise

According to MarketWatch, JPMorgan CEO Jamie Dimon warned on Tuesday (October 13) that if the U.S. 10-year Treasury yield rises 1 percentage point from its current 5.23%, the economic impact would be more severe than the 1 percentage-point increase following the Iran war outbreak. Dimon noted that while he did not forecast yields reaching 6%, investors and companies should prepare for this possibility. Rising yields have already pushed up borrowing costs for households, farmers, businesses, and
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23:06
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Tiandi International Sees 4.6% Enrollment Growth to 28,188 Students in Autumn 2026

According to a company announcement, Tiandi International Holdings (01773) reported that new enrollment at its self-operated schools reached 28,188 students as of the autumn 2026 semester, an increase of 1,227 students or 4.6% year-over-year. The growth marks a rebound in enrollment after the company adjusted recruitment strategy to focus on higher-quality student sourcing. However, total enrolled students declined by 8,759 due to a cohort of students who graduated after completing high school s
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23:02
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BNB Chain's Tokenized Stock Market Cap Rises $87.7M in One Week

According to Token Terminal, BNB Chain's tokenized stock market cap increased by $87.7 million over the past week, leading competitors Ink and X Layer, which saw gains of $10.9 million and $6.6 million, respectively. The surge reflects growing investor interest in tokenized real-world assets as a digital investment vehicle.