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
05:31
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S&P Global Warns Cloud Giants Face Hidden AI Data Center Debt; Oracle Credit Rating Cut to BBB-

According to S&P Global, on October 19, the rating agency warned that major cloud providers may be carrying substantially higher financial obligations related to AI data center investments than currently disclosed. The company cited lease commitments, purchase obligations, and other financing arrangements that support data center construction. S&P cited Oracle as a case study, noting that in July it incorporated $260 billion in new lease commitments through 2029 and $13 billion in unconditional
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05:27
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CME Energy Futures Drop on Oct 19: WTI, Brent Crude and Natural Gas Trade Lower

According to CME data on October 19, energy and precious metals futures showed divergent performance. In the energy complex, WTI crude oil trading volume fell 75,154 contracts to 853,715, with open interest declining 37,330 to 1,832,500. Brent crude volume dropped 26,438 contracts to 135,618, while open interest decreased slightly to 229,229. Natural gas volume fell 131,365 contracts to 513,162, with open interest down 7,297 to 1,721,782. In contrast, precious metals—gold, silver, and copper—saw
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05:20
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Wintermute Holds $81.36M in Hyperliquid Positions, 85.5% Short Bets; Cumulative Profit Reaches $17.75M

According to Onchain Lens monitoring, Wintermute currently holds $81.36 million in positions on Hyperliquid, with 85.5% ($69.59 million) as short positions and 11.5% ($11.77 million) as long positions across 132 open positions. Its largest short bets include $22.61 million in ETH (15x leverage), $12.65 million in SOL (20x leverage), $4.2 million in XRP (10x leverage), and $4.1 million in S&P 500 index (3x leverage). The trading firm has accumulated a total profit of $17.746 million to date.
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HYPE-0.82%
05:17
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Morgan Stanley Raises Amazon Price Target to $350; Two Whales Build $3.84M Long Positions on October 20

According to BlockBeats, on October 20, Morgan Stanley analyst Brian Nowak raised Amazon's (AMZN) price target from $335 to $350 and maintained its "overweight" rating, making it the firm's top pick. The firm expects AWS revenue growth of 47% in 2027 and 42% in 2028, with estimated 2028 earnings per share of $16.50. Meanwhile, two major whale accounts built new long positions totaling approximately $3.84 million. One account purchased 4,641 AMZN contracts for $1.21 million at an average price of
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05:17
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JCBA Publishes 347-Item Crypto Asset Custody Security Guideline, Elevates Key Management to Standalone Domain

According to CoinPost, the Japan Crypto Assets Business Association (JCBA) unveiled a draft security practice guideline comprising 347 items today (October 20). The guideline spans 10 domains including governance, personnel and physical security, business continuity planning, and outsourcing management. Notably, key management and signing operations have been established as a separate domain. The JCBA noted that standard third-party assurance reports such as SOC2 cannot adequately assess risks s
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05:13
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MiniMax and DeepSeek Launch New Models with Far Lower Computing Power Than OpenAI

According to Wccftech, on October 17, MiniMax released M3.1 Flash and DeepSeek updated V4.1-Flash-1017, both designed to deliver competitive performance at reduced costs despite far smaller computing scales. MiniMax and DeepSeek operate roughly 70,000 and 47,000 Nvidia H100 GPUs respectively, compared to OpenAI's approximately 3.7 million. MiniMax M3.1 Flash, using a mixture-of-experts architecture with 428 billion total parameters, reduced AI agent task costs by 70% and increased inference spee
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05:13
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Metaplanet Moves Closer to US Takeover as Super League Shareholders Approve 2,100 BTC Deal

According to Super League, shareholders approved a 2,100 Bitcoin and $2.5 million transaction on October 19, 2026, advancing Metaplanet's plan to establish a US-listed subsidiary. The approval removes a significant obstacle, though the acquisition has not yet closed and the Bitcoin has not been transferred. Metaplanet will contribute the 2,100 BTC through its wholly owned US subsidiary, valued at approximately $170 million by October 16. In exchange, Metaplanet receives 44,859,400 common shares,
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BTC-0.83%
05:13
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BlackRock Launches $311B Tokenized Money Market Funds on Ethereum on August 4

On August 4, BlackRock introduced tokenized access to selected European money market funds using JPMorgan's Kinexys asset tokenization platform on Ethereum. The initiative made blockchain-based representations of existing fund shares available to eligible institutional investors, covering $311 billion in combined assets across 15 markets in sterling, euros and US dollars. In September, BlackRock expanded tokenization offerings through a partnership with Ondo Finance, introducing blockchain-based
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ETH-0.85%
ONDO0.32%
05:12
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Justin Sun Warns Bitcoin Faces AI and Quantum Computing Threats

On October 16, 2026, Justin Sun expressed concerns about Bitcoin's security linked to advancements in AI and quantum computing, suggesting the cryptocurrency market has underpriced these emerging risks. Sun noted that AI-driven classical computing advances could precede quantum breakthroughs, further threatening Bitcoin's cryptographic foundation.
BTC-0.83%
04:51
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China's Robot Sector Rallies on Two Consecutive Days; Geeplus-W (02590) Surges Over 5% on October 20

According to Zhitong Finance, China's robot sector, including humanoid robots, surged on October 19–20 amid a broader market decline. On October 20, Geeplus-W (02590) rallied over 5%, alongside peers such as UBTech (09880) and DOBOT (02432). The rally was driven by a convergence of signals: nine government departments issued guidelines for embodied AI deployment in commercial logistics, the market regulator approved the first six humanoid robot national standards, industrial robot output grew 29
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04:48
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ZEC Whale Buys 3.69M MASK Tokens Worth $151,000 in 3 Days

According to Lookonchain, a ZEC whale accumulated 3.69 million MASK tokens worth approximately $151,000 over the past three days. The whale holds total assets exceeding $15 million, including 10,241 ZEC valued at approximately $11.69 million.
MASK1.81%
04:46
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Dolphin One 2.0 Multimodal AI Platform Launches on Apple App Store, Tianjiu Holdings Expands AI Capabilities

According to Zhitong Finance, Dolphin One, a multimodal AI creation and intelligent agent platform developed by Dolphinode (a subsidiary of Tianjiu Holdings/01520), has officially launched version 2.0 and is now available on Apple App Store globally. The new version integrates multiple mainstream AI models and generative AI services, with capabilities including image generation, video creation, music generation, digital avatars, and intelligent agents, aimed at providing individual creators and
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04:43
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Most CNH HIBOR Rates Fall on October 20, Two-Week Tenor Hits Three-Week Low at 1.43%

According to Jin10, most tenors of the China offshore interbank offered rates (CNHHIBOR) declined on October 20. The two-week CNHHIBOR dropped to 1.43242%, marking its lowest level in over three weeks. Overnight CNHHIBOR rose 2 basis points to 1.37242%, while one-week CNHHIBOR edged up to 1.42576% and one-year CNHHIBOR slightly declined to 1.76939%.
04:35
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South-to-North Water Diversion East Line Begins 2026-27 Full-Scale Diversion on October 20, Earliest Start in 14 Years

According to China's South-to-North Water Diversion Group, the east line project began full-scale water diversion on October 20, marking the earliest start in 14 years since operations commenced. The diversion year targets net increases of 561 million cubic meters to Jiangsu Province, 42 million cubic meters to Anhui Province, and 665 million cubic meters to Shandong Province. The Taizhou Pump Station is planned to divert 1.007 billion cubic meters to Shandong Province.