Gate Crypto Flash News and Market Updates

According to a statement from Pakistan's Prime Minister Office on October 14, PM Muhammad Shehbaz met with Makkah Alliance Secretary-General Nauman Mahmood in Islamabad and reaffirmed Pakistan's full support for Saudi Arabia's legitimate right to self-defense. Shehbaz emphasized that the Makkah Common Defense Agreement is a milestone for regional peace, unity and stability, and that Pakistan stands committed to defending Saudi Arabia's sovereignty, security and territorial integrity.

According to Korean Exchange data as of Oct. 13, foreign investors have sold a combined 176 trillion won (approximately $122 billion) worth of Samsung Electronics and SK Hynix shares this year, accounting for 86% of their total net selling on the KOSPI index. Samsung's foreign ownership ratio fell to an 18-year low, while SK Hynix foreign holdings dropped below the 10-year average. Foreign investors have cumulatively net sold 203.7 trillion won across South Korea's main board market this year.

According to Citibank economist Kim Jin-wook, interviewed on October 14, the Bank of Korea will maintain a hawkish hold on October 22 before raising its benchmark rate by 25 basis points each in November 2026 and February 2027, targeting a final level of 3.5%. The central bank is expected to allow time for the economy to adjust after two consecutive proactive rate hikes brought the benchmark rate to 3.0%. Citibank forecasts South Korea's 2026 annual GDP growth at 3.8%, revised upward from previo

According to Privy's official announcement, Ripple integrated Privy late last night to simplify XRPL wallet creation, transaction signing, and payment workflows for developers. The integration supports payments in XRP, RLUSD, and other XRPL-native assets, with a focus on agentic commerce—where software agents can hold funds and pay for online services. Ripple disclosed that AI-agent payments have reached approximately 13 million transactions, representing about 25% of total XRPL activity. XRP tr

According to Jin10 data, Iran-backed Houthi forces launched missile and drone attacks on multiple Saudi cities today (October 14), with Saudi Aramco's headquarters facility in Dhahran coming under fire. Saudi authorities confirmed a limited fire at the Aramco administrative complex with no casualties reported. Over the past week, clashes in Saudi territory have resulted in at least 18 deaths and hundreds of injuries. The Saudi-led coalition stated it intercepted multiple incoming missiles target

According to TradingBeats monitoring, trader Boomer (X: solanadoomer1) closed a 5,000 ETH short position at approximately 4:00 AM on October 14, with liquidation proceeds totaling around $12.6 million. The trader subsequently opened a ZEC long position with 8,000 coins at an average entry price of $1,222 per coin. The position, leveraged at 10x, is currently worth approximately $10.01 million with an unrealized gain of around $235,000.

According to Chinese Foreign Ministry spokesperson Mao Ning on October 14, a delegation from Heilongjiang province visited Yuzhno-Sakhalinsk, the capital of Russia's Sakhalin region, for friendly exchange activities with the local government.

According to Foreign Ministry spokesperson Mao Ning, the New Yalu River Bridge will officially open on October 15, 2026. China and North Korea will jointly hold an opening ceremony on the same day. The bridge is a key infrastructure project for connectivity between the two neighboring countries and will further promote bilateral trade, people-to-people exchanges, and mutual prosperity.

According to Tasnim News Agency, three fishermen were injured in an unidentified drone incident that occurred near Iran's Sirik coast, Iranian local authorities said.

According to ChainCatcher, WTI crude oil (CLUSDT) on Gate rose to $93.67 on October 14 amid geopolitical premium and supply risks, up 2.09% in 24 hours. Contract open interest reached $131 million, ranking third industry-wide, with 24-hour trading volume of $79.01 million.

According to the investment banking industry, LS Securities raised 700 billion won in unsecured corporate bonds on October 14, receiving 4.64 trillion won in orders—a subscription ratio of 6.6 times. The 18-month tranche of 400 billion won drew 2.12 trillion won in bids, while the 2-year tranche of 300 billion won attracted 2.52 trillion won. Both maturities were priced at or below the rating consensus level. The issuance is scheduled for October 21, with Kiwoom Securities, KB Securities, and NH

According to CoinDesk on October 13, the Philippines' Bangko Sentral ng Pilipinas (BSP) is considering punitive action against Coins.ph, one of the country's largest cryptocurrency exchanges, over allegations that its services were used to facilitate transactions involving restricted offshore gambling businesses. Sources suggest the violations could be serious enough to threaten the exchange's operating license. On September 29, the BSP reportedly restricted DCPay Philippines, which handles peso

According to Red Star News, Hong Kong actor and singer Francis Ng recently disclosed that he suffered significant losses from NFT investments. Ng stated he has not revealed the loss amount to his family, noting that his NFT losses exceeded his previous stock trading losses.

According to BlockBeats, the Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00% on October 14, completing the first rate hike of this monetary policy cycle. Markets have already priced in expectations for a pause in October.

According to Zhitong Caijing, Environmental Interconnect (01473) released a positive profit forecast on October 12, projecting consolidated profit of at least 80 million Hong Kong dollars for the six months ending September 30, 2026, representing a year-over-year increase exceeding 400%. The stock nonetheless fell 12.5% on the announcement. Revenue is expected to grow over 80%, driven by increased sales orders for 200Gb/s indium phosphide photodiode products used in AI data center applications.

On October 14, China's National Intellectual Property Administration and General Administration of Customs jointly issued an opinion to strengthen intellectual property protection. The framework aims to coordinate efforts between IP management authorities and customs to advance comprehensive IP protection across the full chain.

According to Bloomberg, South Korea's Financial Services Commission discovered on October 14 that approximately 100,000 personal records from 16 financial companies were exposed due to cyberattacks. The regulator said no information directly enabling fraudulent transactions was found in the leaked data. The Financial Services Commission will conduct a comprehensive security review of affected institutions as investigations continue based on attackers' IP addresses.

According to PANews, on October 14, Bybit announced a partnership with Mantle to launch mStocks, a tokenized stock product. mStocks is fully backed by real assets at a 1:1 ratio and supports 24/7 two-way redemptions. The product will be available on Mantle's AMM liquidity pools, enabling users to trade through decentralized exchanges.

According to Citadel Securities analyst Scott Rubner, retail investors made net purchases of $9.1 billion in U.S. equities last week through the platform, marking the largest single-week net inflow in 15 years. The bulk of inflows concentrated on AI-related stocks and ETFs, with semiconductor stocks attracting approximately $2.6 billion in net purchases and AI infrastructure-related equities drawing roughly $2.4 billion.

According to TrendForce, the combined capital expenditure of the world's top nine cloud service providers (CSPs) is projected to surpass $1.5 trillion in 2027, with a year-over-year growth rate of 60%, up from the previously forecast 50%. The nine CSPs include Google, Amazon, Meta, Microsoft, Oracle, ByteDance, Tencent, Alibaba, and Baidu. For 2026, their aggregate capex is estimated to exceed $957 billion, representing a 106% year-over-year increase.