Gate Crypto Flash News and Market Updates

On October 24, U.S. President Trump stated that he may either have to fully resolve the Iran issue or reach an agreement with Iran, adding that "either way, we will win." Trump did not elaborate on specific timelines or conditions for either scenario.

According to the Iraqi militia group Islamic Resistance Organization, U.S. warplanes and reconnaissance aircraft violated Iraqi airspace 171 times between September 30 and October 23, according to Jin10 data. The group stated that the United States continues to infringe on Iraq's sovereignty and accused the U.S. military of recently conducting frequent violations. Additionally, the militia claimed that Iraq's closure of air routes and border crossings with Iran was carried out at the direction o

According to Farside Investors, US spot Bitcoin ETFs recorded $301.2 million in net inflows for the week ending October 23, reversing two consecutive weeks of withdrawals despite Thursday's $635.6 million outflow. BlackRock's iShares Bitcoin Trust (IBIT) attracted $565.7 million over the five sessions, while remaining Bitcoin funds collectively lost $264.5 million. Ethereum ETFs moved in the opposite direction, posting approximately $220.7 million in net withdrawals and extending their outflow s

On October 24, AAVE traded at $140.12, down 5.29% over 24 hours, breaking below the $140 support level as selling pressure intensified across major decentralized finance tokens. The decline extends recent weakness, with the token trading above $154 earlier in October. The selloff contrasts with the protocol's recent expansion: on October 22, Aave V4 introduced three independently curated institutional lending markets supporting Ripple's RLUSD, PayPal's PYUSD, and Origin's OUSD. The development h

According to Times of Israel, Bank of Israel stated on Saturday, Oct 24, that cryptocurrency cannot serve as a pathway to circumvent potential international sanctions. The central bank emphasized that Israel's best course of action is to maintain economic relationships with major trading partners and work to avoid sanctions and their economic impact, describing this as a matter for the political level.

According to Coinbase Institutional research released on October 23, Bitcoin traded near $80,500 on October 24 as the cryptocurrency struggles to defend critical $80,000 support. The $80,000–$82,000 region overlaps with the approximate cost basis of Bitcoin ETF investors (near $81,300) and the 50-day moving average (around $81,700), making it especially important. U.S. spot Bitcoin ETFs recorded approximately $635.6 million in withdrawals on October 22, adding downside pressure. If Bitcoin loses

According to former U.S. President Obama, over the past seven months the war with Iran has resulted in hundreds of American casualties and the country's missile inventory is approaching depletion.

According to CoinDesk's October 24 investigation, Franklin Templeton added approximately $150 million in tokenized money-market fund shares (sgBENJI tokens) to the XRP Ledger on October 21-22. The issuance brought the network's total sgBENJI holdings to nearly 193 million shares, valued at approximately $200 million using the $1.039 per-share price recorded in transactions. However, all newly issued tokens remain in a single XRPL wallet, and the identity and number of underlying investors remain

According to Ripple's official agenda, the company is hosting its Swell 2026 conference in New York from October 27–29, featuring over 80 sessions across three stages with more than 1,500 expected attendees and 100+ speakers. The three-day event at The Shed will include executives from CME Group, BNY, Robinhood, Intercontinental Exchange, Barclays and State Street, alongside Ripple CEO Brad Garlinghouse. Sessions will cover tokenized assets, institutional payments, stablecoins, cryptocurrency ma

According to Riyadh Airport, from October 25, Terminal 1 will be designated for domestic flights, while Terminal 2 will handle international flights.

According to ChainCatcher, Keystone confirmed its website suffered a security vulnerability that exposed customer addresses and order details. The company stated it immediately stopped unauthorized access upon discovery and completed the security patch. Keystone emphasized that payment information, recovery phrases, and private keys were not compromised in the breach.

According to FinanceFeeds reporting, Western Digital stock closed at $343.67 on Friday, down 2.97%, despite reporting fiscal first-quarter 2027 non-GAAP earnings of $4.64 per share against an Investing.com consensus of $4.08, a $0.56 beat. Revenue rose 55% year-over-year to $4.38 billion, above the $4.14 billion consensus. The company raised its fiscal second-quarter guidance to $5.80 non-GAAP earnings per share with revenue expected at $5.1 billion. The stock initially rose approximately 4% aft

Electrum wallet released version 4.8.3 on October 24, addressing a security vulnerability that allowed malicious servers to deceive users into overpaying transaction fees. The flaw exploited a lack of transaction validation, enabling attackers to trick users into sending funds with inflated fees. The update implements enhanced transaction validation to prevent such attacks.

According to a Wall Street Journal report citing a law enforcement official, the FBI is considering adding economic espionage charges against Abdulrahman Alfozan, a former OpenAI engineer. The investigation focuses on whether Alfozan stole information from OpenAI with intent to provide it to the Saudi government, despite not being employed by Saudi Arabia. Alfozan was previously arrested for allegedly installing surveillance devices in a restricted conference room at OpenAI and remains in pretri

According to Yemen's government military, in the past 24 hours, it conducted a series of targeted strikes against Houthi armed positions, including frontline command centers, personnel assembly points, and military reinforcement troops.

According to Elon Musk, the Ukrainian military violated Starlink's terms of service last week by using the satellite network to launch offensive drone strikes aimed at personnel. Musk stated that the loophole enabling this usage has since been patched.

According to Elon Musk, Starlink remains critical to Ukraine's defense because it is currently the only communication system that cannot be disrupted or destroyed. Musk stated that shutting down Starlink would cause the front lines to collapse immediately.

According to Jin10, metal traders posted record profits on Friday (October 24), with multiple traders reporting career-high incomes. Trafigura, one of the world's largest metals traders, achieved approximately $2 billion in metals trading profit for the fiscal year ending September, according to sources familiar with the matter. Glencore also recorded one of its best-ever trading performances, though results were dampened by a $480 million provision related to its exposure to iron ore trader Rad

According to OCC's official statement, the regulator recently committed to supporting community banks while monitoring stablecoin adoption's potential impact on deposits. The Office of the Comptroller of the Currency highlighted significant uncertainty surrounding how digital assets may affect community bank funding, noting that estimates of stablecoin impact vary widely. The OCC emphasized its proactive approach to safeguarding banking sector stability as payment innovations advance.

According to PPP prediction market tool, an address (0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) that had previously lost $2.2 million purchased $88,000 worth of prediction shares betting on TES to defeat AL in the League of Legends S16 World Championship Swiss round. The position was opened at an average price of 35.7 cents with 246,262.8 shares bought. The tournament is currently in the Swiss round stage with all matches as best-of-one format.