Gate Crypto Flash News and Market Updates

According to Guru Club, Nscale's planned IPO with a $30 billion valuation target faced investor pushback on October 19, with some investors suggesting a fair value range of $16-19 billion. The AI cloud company's IPO bid is also challenged by the termination of its Microsoft-backed UK data center deal.

According to Jin10, the Finance Street Forum annual conference kicked off today (October 18), with regulatory authorities set to issue guidance and A-share tech leaders including Lanqi Technology announcing share buyback programs. The conference marks a key platform for policy announcements and market sentiment.

According to Time magazine's October 15 interview, Apple CEO John Ternus emphasized that memory supply constraints constitute a serious crisis and the company must consider all options, including potential Chinese suppliers. Samsung Electronics and SK Hynix raised low-power DRAM prices for iPhones by 80% and 100% respectively in Q1 2026, pressuring Apple, which spends billions annually on memory and storage. Apple has been testing memory chips from China's Changxin Semiconductor (CXSC) for iPhon

U.S. stock index futures traded higher during early Asian session on October 18. S&P 500 futures gained 0.3%, while Nasdaq-100 futures advanced 0.6%.

According to Switch One's announcement on October 18, the global asset-tech company plans to launch a yen-backed stablecoin starting next year through a Japanese subsidiary acquired on October 5. The company will complete organizational setup, systems implementation, and compliance framework by year-end, with issuance planned for 2027. The stablecoin will operate on a 1:1 redemption structure with segregated yen reserves, enabling cross-border payments, settlements, and conversions within Switch

According to a report by the Center for Economic Policy Research (CEPR) released on October 13, hyperscalers including Alphabet, Amazon, Meta, Microsoft, and Oracle enjoyed a 29 basis point discount on bond yields compared to other non-financial firms during the AI investment wave. When compared specifically to software companies, the discount expanded to 42 basis points, the report found. The five tech giants issued approximately $108 billion in bonds last year, nearly six times the average $20

According to Guru Club, Anthropic announced on October 19 a plan to transfer 5% of its shares to a newly established fund supporting public interest initiatives, including efforts to address AI's impact on the labor market. Following shareholder approval, the transfer will be executed immediately; the company's board may authorize an additional 2% transfer each time the company's valuation increases by 50% from a baseline threshold.

According to Jin10, Russian Presidential Press Secretary Dmitry Peskov said on October 18 that Ukraine's attacks on Russia, including a large-scale strike on Saint Petersburg, cannot alter the trajectory of events. Peskov stated that Ukraine is in its death throes and attempting to resist, but Russia continues to respond systematically and at scale, with offensive operations ongoing and yielding results.

According to Guru Club, Brent crude oil futures fell $1 to $108.86 per barrel on October 19.

According to Guru Club, spot gold broke through $4,170 per ounce on October 19, gaining 0.12% during intraday trading.

According to CCTV, on October 18, Ukrainian President Volodymyr Zelenskyy spoke with U.S. President Trump's envoys Keith Wittkoff and Jared Kushner to discuss outcomes from a recent Ukrainian-American team meeting in Florida and next diplomatic steps. Zelenskyy emphasized that Ukraine continues briefing partners on military situations and air defense needs, noting that the U.S. position is crucial to the ongoing process. Ukraine said it will maintain a constructive approach to advance diplomatic

According to Russian Deputy Prime Minister Novak on October 18, Russian diesel fuel will enter the US market within 15-20 days following contract signature. The US Department of Energy has already identified the companies that will serve as counterparties and buyers, Novak said. Negotiations on commercial terms are currently underway, with delivery to begin once contracts are finalized.

On October 17, France, Italy, Portugal, Belgium and other European countries staged demonstrations protesting high living costs, insufficient public services, education shortages and government austerity measures. Protests in parts of France and Italy escalated into severe riots, resulting in injuries and damage to public infrastructure. French authorities arrested over 2,000 people during the unrest.

According to Digital Asset, South Korean stock-linked perpetual futures declined significantly in overnight trading through October 19. EWY, which tracks large-cap Korean stocks including Samsung Electronics and SK Hynix, fell 3.90-4.05% from October 16 at 4 PM to October 19 at 7 AM, trading on Binance and Hyperliquid. SK Hynix dropped 5.56-5.63% across both exchanges, while Samsung Electronics declined 4.30-4.34%.

According to Iraqi Deputy PM and Foreign Minister Hussein, on October 18, Iraq is facilitating communication between Iran and Gulf states to promote talks in Baghdad. The announcement came after the 52nd session of the Islamic Cooperation Organization's foreign ministers council concluded in Baghdad, with member states adopting the Baghdad Declaration.

On October 18, French President Emmanuel Macron condemned violent incidents that occurred across multiple areas of France on October 17 during a televised address. He emphasized that no justification could excuse such behavior and called for distinguishing between legitimate grievances and violence. Macron stated authorities would pursue legal action against those responsible. He attributed the protests to public concerns over cost of living and fuel prices. The president announced a visit to Gu

According to CCTV, U.S. President Donald Trump issued a public letter to Israeli citizens on October 18, throwing his full support behind Prime Minister Benjamin Netanyahu's reelection bid. Trump reiterated that Iran has long chanted 'Death to Israel, death to America,' and stated that Iran has faced systematic military and economic strikes. He warned that if Iran does not swiftly change course, the U.S. will move quickly to complete related actions.

According to Abacus Data poll released on Saturday, 68% of Alberta residents support staying in Canada, up from 64% last month, ahead of a referendum on whether to initiate legal proceedings for separation. Support for launching the separation process held steady at 24%, while undecided voters or those not planning to vote dropped to 8% from 12%.

According to Gate data, U.S. stock index futures opened steady on Monday, October 20.

The State Council Information Office will hold a press conference at 10 a.m. on Monday, October 19, with National Bureau of Statistics Vice Director Mao Shengyong introducing China's economic performance for the first three quarters of 2026 and taking questions from reporters.