Gate Crypto Flash News and Market Updates

According to COINOTAG, KuCoin has ceased service to customers in Russia and Belarus effective immediately today, becoming the third major crypto exchange to withdraw from the region within two weeks. The discontinuation applies to all products and services offered by the

According to Jin10, White House National Economic Council Director Hassett indicated on October 29 that the Federal Reserve may raise rates if October inflation data comes in higher. The latest PCE report, released today, showed core inflation (excluding food and energy) rose 3.1% year-over-year in

According to PANews, on October 29, Elon Musk retweeted legendary investor Stan Druckenmiller's announcement about becoming an investor in Trade.xyz, calling it 'interesting.' Druckenmiller had posted his first tweet disclosing the

According to ChainCatcher, Alphabet's five-year credit default swap (CDS) price rose 5.3 basis points to 84 basis points per year, reaching its highest level since September 21. The increase reflects rising debt risk concerns as the search giant's stock declined following disappointing quarterly ear

According to Cheniere Energy, Europe will need an additional 69 million tons of liquefied natural gas this winter and must source the supply by redirecting cargo from Asia.

According to ChainCatcher, France's Senate passed a bill on Tuesday authorizing tax authorities to automatically exchange cryptocurrency transaction data with other nations. The bill, designated as No. 3421, has completed its first reading and was submitted to the National Assembly for review. The l

According to CoinDesk, Polymarket launched 5-minute cryptocurrency price prediction contracts on its CFTC-regulated U.S. platform on October 29. The platform, operated by QCX LLC, allows traders to bet whether Bitcoin, Ethereum, Solana, and XRP will close above or below their starting price within f

According to BlockBeats and HTX data, HYPE broke above $94 on October 29, surging over 17% in five hours—just 4.3% away from an all-time high.

According to Samsung's latest quarterly earnings call on October 29, the company expects tight supply conditions for RAM to continue until at least 2028, driven by increased demand from artificial intelligence applications. Memory executive Jaejune Kim made the statement during the earnings

According to Interfax, Russia's central bank approved the Association of Participants of the Securities Market (NAUFOR) as the country's first self-regulatory organization for crypto exchanges and digital custodians on October 29. The move operationalizes Russia's Digital Currency and Digital Rights Law passed by the State Duma in July. The central bank's registry currently includes 23 crypto exchanges and 8 digital custody institutions, with registered entities required to join the self-regulat

According to the U.S. Department of Labor, initial jobless claims for the week ended October 24 fell to 194,000 on a seasonally adjusted basis, down 1,000 from the prior week's revised 195,000. The reading came in below market expectations of 199,000.
The 4-week moving average of jobless claims

According to Jin10, prediction market platform Polymarket is investigating a series of well-timed, profitable trades placed during Israel's election this week. Hundreds of new accounts placed bets on Netanyahu and his Likud party winning ahead of Tuesday's polling close. These positions quickly

According to Fidelity International senior strategist Max Stainton, the firm maintains a neutral stance across equities, credit bonds, government bonds, and cash as of October 29. He noted that while U.S. economic resilience and AI-driven investment support markets, elevated government bond

Serbian former president Aleksandar Vucic announced today in Belgrade that his Serbian Progressive Party will launch an internal reform and hold elections for new party leadership.

According to the Russian Defense Ministry, a cargo vessel transporting military and dual-use cargo to Odesa port was attacked while at sea on October 29.

The International Monetary Fund delegation is currently discussing a final program review in Egypt, according to the organization's statement.

The International Monetary Fund plans to start discussions with Ukraine on second and third round reviews within the coming weeks, according to the IMF statement.

According to COINOTAG, over the past 24 hours, 17.83 million DOGE in leveraged long positions was liquidated amid a market-wide selloff. The liquidations hit almost entirely on the long side of the DOGE derivatives

According to U.S. Department of Agriculture drought monitoring data, as of October 27, soybean-producing regions in the United States experienced drought conditions affecting 28% of acreage, up from 27% the previous week. Corn-growing regions saw drought affecting 21% of acreage, up from 20%.

According to Cysic's official announcement, the platform has fully resumed its cross-chain bridge service following a prior security incident. Users can now transfer CYS between Cysic mainnet and other supported blockchains. Cysic permanently burned 7,200,002 CYS on BNB Smart Chain, with the transaction confirmed on-chain.