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
12:49
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Apple iPhone Duo Sells Out on Launch Evening; Secondary Market Prices Spike 7,143 Yuan Above MSRP

On October 16, Apple's iPhone Duo foldable began pre-orders on its official website, Tmall, and JD.com at 8 p.m. and sold out the same evening. According to reports, the device offers four storage options ranging from 256GB to 2TB, with official pricing between 15,999 and 26,499 yuan. Within 30 minutes of pre-order launch, JD.com pre-registrations reached 3.095 million. On secondary platforms like Dewu, the 1TB black model traded at an average of 28,642 yuan—a premium of 7,143 yuan above the 21,
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12:47
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Stripe CEO Discloses Privy Acquisition Update: Monthly Trading Volume Hits Nearly $25B, Assets Up 25x in One Year

According to Stripe CEO Patrick Collison on October 16, Privy wallet infrastructure has surged in the year following Stripe's acquisition. Assets within Privy wallets grew approximately 25 times, revenue increased roughly 9 times, and monthly active developers tripled, with monthly trading volume reaching nearly $25 billion. Thousands of enterprises including Ramp, Deel, Klarna, Felix Pago, and Hyperliquid are building embedded banking functionality on Privy. Stripe is integrating Privy deeply i
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12:46
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Robotic (03757) Chairman Proposes $69M-138M Share Buyback on October 16

According to a company announcement on October 16, Robotic (03757) chairman and CEO Dai Jun proposed a share buyback program using company funds or self-raised capital. The buyback will range between 50 million and 100 million RMB through centralized competitive bidding on the Shenzhen Stock Exchange. All repurchased shares are planned to be cancelled and the company's registered capital reduced accordingly.
12:43
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Starknet Launches STRK20 Shadow Accounts on Opus for Enhanced User Privacy

According to Starknet, the platform launched STRK20 Shadow Accounts on Opus, allowing users to conduct private transactions without linking them to their main wallet. The feature enables users to manage positions and execute private borrowing while maintaining anonymity from their primary wallet address.
STRK-4.87%
12:41
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Vladimir Dalekin, Suspect in Murder of Crypto Tycoon Roman Novak, Dies in UAE Prison

According to the Daily Mail and the Russian Federal Penitentiary Service, Vladimir Dalekin, one of three suspects accused of killing Russian crypto entrepreneur Roman Novak and his wife Anna, died last month in a UAE prison. Russian media reported the death was due to an unspecified chronic illness, though no prior health issues had been reported. Novak and his wife were kidnapped and killed in Dubai in October 2025 after meeting individuals posing as investors; the suspects allegedly impersonat
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12:41
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Metis Andromeda to Terminate Stargate Support on October 23, LPs Must Withdraw Liquidity

According to Foresight News, Metis Andromeda will terminate Stargate support on October 23, 2026. LayerZero Labs' DVN and Executor will cease providing services to Metis on October 30. Users providing liquidity to Stargate pools on Metis must withdraw by October 23; staked positions must be unstaked first via the Stargate application. Assets including m.USDC, m.USDT, WETH, and METIS are unaffected. These are issued by Metis' official bridge, with minting and redemption continuing normally. The o
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ZRO21.12%
12:38
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Circle Discloses $1.4B H1 2026 Revenue, with $819M to USDC Distribution Partners

According to Circle's official blog, Circle Chief Commercial Officer Kash Razzaghi disclosed on October 16 that the company generated approximately $1.4 billion in revenue during the first half of 2026. Of this, $819 million (about 59%) was paid to USDC distribution partners and transaction costs, while $473 million (approximately 34%) was invested in infrastructure including licensing and liquidity. Circle reported H1 on-chain USDC settlement volume exceeded $360 trillion, with USDC representin
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12:37
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Tesla Roadster Flying Supercar Debuts Oct 15, Pre-Orders Start from $50K

On October 15, Tesla unveiled its second-generation Roadster supercar featuring flying capability powered by a cold-air propulsion system co-developed with SpaceX. The vehicle demonstrated near-vertical wall scaling, air landing maneuvers, and aerial flips. Tesla plans to launch production in 2028, with pre-orders now open on its U.S. website. The Performance version requires a $50,000 deposit, while the Thrust variant costs $250,000. Tesla suppliers including Juyoung Electronics (01699), Luxsha
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12:32
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Bitcoin Slides to $83.1K Following September CPI Report Showing 3.7% Inflation

According to KuCoin's analysis, Bitcoin slid from $85.8K to $83.1K following the September Consumer Price Index report showing a 3.7% year-over-year inflation rate. The decline reflects market concerns over rising inflation and potential Federal Reserve policy responses, with traders monitoring the central bank's stance as a key factor influencing cryptocurrency price dynamics.
BTC1.54%
12:31
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Citizens Cuts Rocket Lab Price Target to $90 as Neutron Launch Delayed to 2027

According to The Fly, Citizens cut Rocket Lab's (RKLB) price target to $90 from $130 on Friday, maintaining an Outperform rating. The downgrade reflects concerns that Neutron's delayed inaugural launch—now expected in 2027 instead of Q4 2026—will push back revenue monetization to fiscal 2027 and 2028. Rocket Lab cited manufacturing issues with the rocket's carbon-composite tank as the reason for the delay. Goldman Sachs lowered its price target to $67 from $75, citing higher expenses and cash bu
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12:31
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Microsoft Signs 20-Year Power Supply Deal with NiSource; 1.1GW Capacity Expansion to Begin in 2028

According to NiSource announcement on October 16, Microsoft has signed a 20-year power supply agreement with utility company NiSource to secure long-term electricity for data center operations in northwestern Indiana, with 1.1GW capacity expansion beginning service in 2028. NiSource's GenCo division will expand its power resource portfolio to meet Microsoft's demands, with Microsoft bearing all costs for generation and transmission infrastructure needed to support its electricity requirements. T
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