Gate Crypto Flash News and Market Updates

According to @oraichain, Oraichain will launch its Quant Terminal Vaults tomorrow, October 22, with deposits opening immediately and live trading commencing next week. The platform will offer three trading strategies: MTF-Dragon, HTR, and Jarvis. Each vault carries a 20% performance fee with a maximum deposit limit of $10,000 per strategy.

On Wednesday evening (October 21), German two-year bund yield rose 4.4 basis points to 3.127%, trading within a 3.084%-3.127% range throughout the day in an uptrend. The 10-year bund yield climbed 2.1 basis points to 3.421%, while the 30-year yield slipped 0.3 basis points to 3.759%. The 2/10-year yield curve flattened by 2.332 basis points to +29.142 basis points.

According to the Houthi armed forces, Saudi fighter jets conducted 62 airstrikes over the past 24 hours targeting civilian facilities in Sanaa and the provinces of Marib, Saada, Raha, and Taiz. The group said that since July 13 last year, Saudi forces have carried out a cumulative 2,855 airstrikes and missile attacks over 100 days.

According to Farside Investors' ETF data, Bitcoin rebounded approximately 6% from its October 15 low near $79,800 to briefly approach $84,800 on October 21, as spot Bitcoin funds attracted roughly $550 million in combined inflows over October 19-20. BlackRock's iShares Bitcoin Trust led the institutional buying, recording $665.2 million in inflows on October 19 followed by $29.9 million on October 20. Glassnode's October 21 analysis identified significant resistance between $85,000 and $87,500,

According to Apple and Reuters, on Friday, October 23, iPhone Duo launches in select markets, with limited in-store inventory available for walk-in customers in the U.S., Australia, Canada, Mexico, and parts of Europe. Online pre-orders sold out within minutes, with some deliveries now pushed to January 2027. In Taiwan, China, Hong Kong, and several other markets, the foldable phone is available only for online order pickup, with no in-store purchases offered.

Hungary's former central bank governor Gyorgy Matolcsy was detained on Wednesday as prosecutors investigate a network of foundations established by the central bank during his tenure, which allegedly caused significant financial losses. Since early 2025, prosecutors and police have been investigating how over 266 billion Hungarian forints (approximately 817 million USD) in central bank funds flowed through these entities. The investigation began following a report by Hungary's State Audit Office

U.S. Treasury Secretary Bessen warned that anyone providing support to Iran's regime—whether engaged in illegal oil transfers at sea or serving in corporate boardrooms—will face sanctions. In a public statement, Bessen stated that Iran's collaborators must choose: either align with the U.S. or face opposition. "We know who you are, we know what you do, and we will continue to take action," Bessen said.

According to Reliance Industries, billionaire Mukesh Ambani and his son Anant Ambani discussed global energy landscape and the intersection of energy and digital infrastructure, including data centers, with U.S. Secretary of State Marco Rubio during Rubio's visit to Jamnagar in western India. The two also exchanged views on opportunities for collaboration with U.S. enterprises.

On Wednesday (October 21), UK government bond yields fell broadly across the curve. The 10-year gilt yield declined 3.3 basis points to 5.378%, while the 2-year yield fell 3.5 basis points to 4.923%. Longer-dated bonds saw steeper declines, with the 30-year yield down 5.7 basis points and the 50-year yield down 5.9 basis points.

According to ChainCatcher, Binance Wallet has launched PREDICTUSDT perpetual futures with up to 5x leverage. Users can also enable multi-asset mode to use tokenized stocks (bStocks) as collateral, with up to 90% of the asset's market value counted toward margin requirements.

According to Binance, Binance Wallet has launched PREDICT perpetual pre-market futures with support for up to 5x leverage on Oct 21. Qualified users can use bStocks tokenized stocks as collateral; after enabling multi-asset mode, tokenized stocks held in Binance Wallet can be counted toward margin requirements at up to 90% of their market value.

According to EIA data, U.S. crude oil production fell to 19.464 million barrels per day for the week ending October 16, down from 20.95 million barrels per day in the prior week.

According to EIA data, U.S. gasoline production demand for the week ending October 16 reached 9.91 million barrels per day, up from 9.20 million barrels per day in the previous week.

According to EIA data, U.S. distillate fuel oil production declined to 5.1097 million barrels per day for the week ending October 16, down from 5.695 million barrels per day in the previous week.

According to the U.S. Energy Information Administration (EIA), refined oil inventory rose 1.675 million barrels in the week of October 16, reversing the prior week's decline of 2.527 million barrels.

According to EIA data, Cushing area crude oil inventories declined by 987,000 barrels for the week of October 16, compared to an increase of 1.862 million barrels in the previous week.

According to the U.S. Energy Information Administration (EIA), American crude oil inventories declined by 3.06 million barrels last week, falling short of Bloomberg users' forecast of 3.5 million barrels. The previous week saw a sharper decline of 8.557 million barrels.

According to EIA data, U.S. gasoline production rose to 518,000 barrels per day in the week ending October 16, compared with the previous week's decline of 117,000 barrels per day.

According to data provider Kpler, Middle East oil shipments reached 24.6 million barrels per day as of the week ending October 18, showing resilience despite escalating Iranian attacks on commercial vessels in the Strait of Hormuz. However, transport volumes remain volatile, with October-to-date daily averages still below pre-conflict levels, as tankers typically coordinate fleet movements through the strait to transfer cargo to waiting vessels beyond the waterway.

According to the U.S. Energy Information Administration (EIA), U.S. refinery crude oil inventories rose 1.675 million barrels for the week ended October 16, beating expectations of a 1.162 million barrel decline. The prior week saw inventories fall 2.527 million barrels.