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
10:31
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Michael Saylor: MicroStrategy Targets $1 Trillion Valuation Through Digital Credit Core Business

According to Bitcoin Treasuries, Michael Saylor stated that MicroStrategy aims to reach a $1 trillion valuation by making digital credit its core business. Saylor outlined that the company plans to convert Bitcoin capital into credit assets, positioning digital credit as the primary product with equity as a derivative. He added that if credit quality remains strong, stock performance should outperform Bitcoin itself, with the credit business driving a justified equity premium.
10:31
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Mt. Gox Pushes Creditor Repayment Deadline to October 2027, Sixth Extension Since 2023

According to Rehabilitation Trustee Nobuaki Kobayashi on Friday, Mt. Gox extended its creditor repayment deadline to October 2027, marking the sixth postponement since 2023. The Tokyo District Court approved moving the deadline for base, early lump-sum, and intermediate payments from October 31, 2026 to October 31, 2027. As of March 2025, the collapsed exchange had completed repayments to over 19,500 creditors. Mt. Gox wallets hold approximately 34,400 BTC, worth about $2.8 billion as of Tuesday
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10:31
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Four.Meme Launches OpenFour Boost, White-Label Launchpad for Project Teams

According to Odaily, Four.Meme recently launched OpenFour Boost, an open-source white-label Launchpad solution built on the OpenFour Launchpad OS. The platform enables projects and ecosystem teams to quickly build and operate branded token issuance and trading platforms. OpenFour Boost provides ready-made frontend and backend infrastructure, including wallet connection, token creation, price charts, and trading functionality, with support for custom branding and issuance templates. The solution
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10:29
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XRP Ledger's fixCleanup3_4_0 Amendment Nears Activation on October 23 With 29/35 Validator Support

The XRP Ledger's fixCleanup340 amendment is projected to activate at 09:34 UTC on October 23, according to the amendment tracker. The upgrade received support from 29 of 35 trusted validators as of October 19, surpassing the required 80% approval threshold throughout the 14-day voting period. The amendment packages fixes across DeFi infrastructure, including precision and rounding adjustments for vault deposits, withdrawals, and clawbacks. Meanwhile, separate proposals for the Lending Protocol a
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10:23
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U.S. to Hold Talks With Reliance on Refining More Venezuelan Crude Oil

U.S. Secretary of State Rubio said on October 20 that the United States will hold talks with Reliance about refining more Venezuelan crude oil. The statement reflects ongoing diplomatic engagement regarding energy trade negotiations between Washington and the Indian energy conglomerate.
10:22
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Citi: U.S. Treasury Yield Ceiling Hinges on Oil Price Decline

According to Citi's latest quantitative research report, oil price decline is a prerequisite for U.S. 10-year Treasury yields to peak. The bank's analysis framework identifies oil prices as a leading indicator that must fall before yields reach their ultimate peak. Currently, geopolitical tensions keep oil elevated, while breakeven inflation rates remain strong and the U.S. dollar has resumed gains, suggesting Treasury yield peaks may not yet be realized. Citi's cyclical models have shifted to d
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10:21
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Brevan Howard Digital's Stablecoin Strategy Surges Over 35% Since February Launch

According to Business Insider citing informed sources, Brevan Howard Digital's stablecoin-focused investment strategy launched in February has surged more than 35% through September 2026. The strategy's strong performance contrasts with the firm's flagship fund, which declined 3.8% year-to-date. The crypto division has attracted capital inflows from sovereign wealth funds amid evolving industry dynamics, though Brevan Howard declined to disclose specific capital amounts.
10:16
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Stone Pharma (01093) Launches Phase I Trial for SYH2083 Eye Drops in Dry Eye Disease

According to Stone Pharma (01093), the company announced today that SYH2083 eye drops, a dual-target LFA-1/RASP inhibitor, has initiated a Phase I clinical trial (SYH2083-001) for dry eye disease in China. The single-center, randomized, double-blind, placebo-controlled dose-escalation trial aims to evaluate safety, tolerability, and pharmacokinetics in healthy volunteers. Participant recruitment and screening are currently underway.
10:15
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FINMA Approves Switzerland's First Retail Bitcoin ETF With Special Risk Designation

According to ChainCatcher, the Swiss Financial Market Supervisory Authority (FINMA) approved the country's first retail-focused Bitcoin ETF. The product is classified as an alternative investment fund under Swiss law and designated as carrying special risk. FINMA did not disclose the issuer but multiple outlets reported signs indicating the fund may come from BIT Asset Management. As a single-asset fund, it invests entirely in Bitcoin, requiring FINMA to grant an exemption from its diversificati
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10:13
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Intel Eyes Nvidia Collaboration Signals at Berlin GTC 2026 on Oct 21

According to tech media Wccftech, Intel is awaiting confirmation from Nvidia regarding extended processor partnerships, potential foundry services, and advanced packaging collaboration at the Berlin GTC conference beginning October 21. The analysis highlights three potential opportunities for Intel: continuing as a CPU supplier for Nvidia's next-generation DGX systems (currently using Xeon 6776P), providing foundry services for Feynman-generation I/O chiplets using Intel's 18A-P or 14A processes
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10:11
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Huahao Zhongtian Pharmaceutical Initiates Phase III Trial of Utidelone Capsule for HER2-Negative Advanced Breast Cancer

According to Huahao Zhongtian Pharmaceutical, its oral utidelone capsule (UTD2) achieved first patient dosing today in a Phase III clinical trial (BG02-2601) for HER2-negative advanced breast cancer, marking the global first oral microtubule stabilizer key registration trial. The randomized, controlled trial compares utidelone capsule combined with capecitabine (CAP) against the marketed intravenous utidelone injection (UTD1) plus CAP in patients previously treated with taxanes or anthracyclines
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10:11
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China Tower Posts RMB 10.817 Billion Net Profit in First Three Quarters, Up 24.2% YoY

According to China Tower (00788), in the first three quarters of 2026, the company's net profit attributable to shareholders reached RMB 10.817 billion, up 24.2% year-over-year. Operating revenue was RMB 71.999 billion, down 3.1% from the prior year, with telecommunications operator business revenue declining 6.0% to RMB 59.641 billion, offset by smart linkage business revenue rising 10.9% to RMB 7.869 billion and energy business revenue growing 13.0% to RMB 3.868 billion. The combined revenue c
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10:07
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Bitget Plans to Acquire Thai Crypto Exchange GMO-Z.com on October 20

According to Bitget, on October 20, the Seychelles-based exchange announced plans to acquire GMO-Z.com Cryptonomics (Thailand) Co Ltd through its interest in BTGT Management (Thailand) Ltd. Under the proposed transaction, Japan's GMO Internet Inc and other shareholders would transfer their entire stakes to BTGT Management (Thailand) Ltd and/or its designated entity. Completion is subject to regulatory approval from Thailand's Securities and Exchange Commission (SEC) and other conditions. Bitget
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