Gate Crypto Flash News and Market Updates

According to Broadcom CEO Hock Tan and Intel CEO Lip-Bu Tan, U.S. semiconductor stocks extended their sell-off late Monday (October 12) as concerns about AI infrastructure funding intensified. Micron Technology (MU) fell 2.7%, SanDisk (SNDK) dropped 3.3%, Intel (INTC) declined 2.5%, and Advanced Micro Devices (AMD) lost 1.7% in overnight trading. Tan warned that access to capital could become a bigger constraint on AI expansion than chip shortages, citing enormous financing requirements and ques

According to Guru Club, Shanghai Silver futures main contract fell over 2% on October 13, trading at 14,556 yuan per kilogram.

According to Caijing magazine, DeepSeek is set to complete its Series B funding round of approximately 100 billion yuan in the coming weeks, up from a previously planned 500 million yuan, multiple deal participants said on October 13. The funding size has doubled in under two weeks, with existing and new investors each contributing roughly half. The round does not impact the company's pre-money valuation, which remains at approximately 500 billion yuan. New investors include industrial firms suc

According to Guru Club, on October 13, Moët Hennessy and Analog Devices partnered to develop an AI-powered electronic nose that detects champagne defects by analyzing the overall scent fingerprint of samples. Initial tests demonstrated 99% accuracy in identifying quality issues, with the AI model trained on historical contaminated crop data provided by Moët Hennessy.

According to ChainCatcher citing analyst Murphy, Bitcoin first-time buyers held 4.27 million BTC as of October 11, accumulating approximately 400,000 BTC over the past two months—equivalent to 2% of total circulating supply and averaging 200,000 BTC per month. In September, momentum buyers—investors who add to positions above their cost basis—emerged for the first time since January 2026, marking a significant shift from sustained bearish pressure.

According to PANews, on October 13, DeepSeek will complete its latest funding round with the investment amount increased from the initially planned 50 billion yuan to approximately 100 billion yuan. This marks the company's second funding round, with the target amount doubling in less than half a month. Existing and new investors will each contribute roughly half of the funding. Despite the funding scale doubling, the pre-money valuation remains at approximately 500 billion yuan. New investors i

According to Jin10, at the UN Security Council meeting on October 12, China's deputy permanent representative Sun Lei expressed expectations for Syria's transitional government to take more practical measures addressing four key areas: political transition, counter-terrorism threats, economic livelihood, and national sovereignty and security. China emphasized that the transitional government should strengthen its counter-terrorism stance and convert political commitments into concrete actions.

Japan's Ministry of Finance will auction 700 billion yen in 20-year government bonds on October 20.

According to Tom Lee, a significant decline in South Korean stock markets may negatively impact crypto assets due to broker margin liquidations and the fact that Korean investors hold major positions in cryptocurrencies. The analyst cautioned that the market will face near-term pressure.

According to Tibo (@thsottiaux), lead of OpenAI Codex, the developer announced a global reset to take effect by midnight PST on October 12 (approximately 3 p.m. Beijing time on October 13). Details regarding the scope and impact of the reset were not disclosed in the announcement.

According to Odaily, a smart money address with a cost basis of $3.77 per VVV transferred 100,908 tokens to Coinbase 3 hours ago, valued at approximately $2.34 million. This marks the second position reduction in half a month. The address is projected to realize over $9.848 million in profit on this transaction alone.

According to Gate data, South Korea's KOSPI index fell 6% today, with semiconductor major SK Hynix declining 9% and Samsung Electronics dropping 7%.

According to Gate, gold prices fell intraday today (October 13) to $4,157.84 per troy ounce, down 0.3%. Silver also declined to $59.894 per ounce, down 0.26% during the same period.

According to Odaily, at today's close, U.S. stock indices posted mixed results: the Dow Jones Industrial Average rose 0.38%, the S&P 500 fell 0.06%, and the Nasdaq Composite declined 0.44%, while the VIX volatility index climbed 2.49%. AI-related stocks declined broadly, with SoundHound AI falling 7.79%, Astera Labs dropping 5.29%, Teradyne declining 4.68%, Super Micro Computer falling 4.48%, and CrowdStrike down 4.37%, according to MSX.COM data.

According to Morgan Stanley, the bank maintains its overweight rating on Tencent Holdings (00700) with a 550 HKD price target unchanged, while cutting 2026-2027 non-IFRS operating profit forecasts by 1-2%. The firm expects Tencent's Q3 2026 revenue to grow 8.9% year-over-year, slowing from Q2's 11.0%, with non-IFRS operating profit declining 3.1%. However, excluding AI business impacts, operating profit is projected to grow 10%. Morgan Stanley notes that AI-related investments and increased capi

According to Jin10, China's central bank conducted 650 million yuan in 7-day reverse repurchase operations today, October 13, with no maturing repos, resulting in a net injection of 650 million yuan.

According to Jin Lianeng (金联创), China's reference crude oil averaged $97.42 per barrel on the eighth working day as of October 13, with a change rate of -4.25%. Based on this calculation, domestic gasoline and diesel retail prices are expected to fall by 200 yuan per ton. The next pricing window is set for October 15 at 11 p.m. (Beijing Time), following a previous increase of 395 yuan per ton for gasoline and 385 yuan per ton for diesel on September 28.

According to Lookonchain, on October 13, NEAR long trader 0xb4a3's 500,000 NEAR (approximately $2.64 million) long position was fully liquidated as the market declined.

According to SEC filing, MicroStrategy purchased 250 bitcoins for $21.5 million between October 5 and 11, at an average price of $86,194 per coin. The company's total bitcoin holdings increased to 848,250 BTC, with an average acquisition cost of $75,444 per coin and cumulative investment of approximately $64 billion.

The People's Bank of China conducted 65 billion yuan in 7-day reverse repurchase operations today (October 13) at a rate of 1.40%, unchanged from the previous operation.