Gate Crypto Flash News and Market Updates

According to Guru Club, DeepSeek updated its V4.1 Flash model to version 1017 on October 17, with the new version deployed across its web platform, mobile app, and API. The updated model achieved improved benchmark performance across multiple tasks. The new version reduces execution time and output length compared to the previous V4.1 Flash iteration, enabling users to complete tasks at lower cost and faster speed. DeepSeek stated the optimization reached new performance-to-cost Pareto optimalit

According to CME FedWatch data, as of October 18, the probability of the Federal Reserve maintaining interest rates unchanged in October stands at 84.5%, while the probability of a 25 basis point hike is 15.5%.

Bored Ape Yacht Club has announced the launch of Mudwater, a Solana-based collectible trading card series. BAYC and MAYC holders received airdrops of 6,551 Totems to claim card packs. Each BAYC can claim 10 packs; each MAYC can claim 2 packs. Each pack contains 10 cards, with 24 packs per box, for a total of 10,000 boxes.

According to Odaily, KR1 plc, a blockchain infrastructure company listed on the London Stock Exchange, recently launched its own Ethereum validators operated by P2P.org within Lido V3's stVaults. The company plans to stake up to 6,000 ETH, with the first batch of 10 validators going live, though the rollout timeline depends on Ethereum's validator entry queue. KR1 retains control over deposits, withdrawals, validator fees, and vault permissions, and has the option to mint stETH for liquidity.

According to CNBC host Jim Cramer on Wednesday (October 14), investors should avoid completely exiting the stock market despite significant uncertainty, as premature retreat could mean missing the next rally. The S&P 500 fell over 1% and the Nasdaq declined 1.9% on the day. Cramer noted that missing just the 10 best trading days between 2005 and 2024 would have reduced a $10,000 investment in the S&P 500 to less than half its actual value. U.S. September CPI rose 0.6% month-over-month, slightly

According to Bitcoin Magazine, Jurrien Timmer, global macro director at Fidelity, recently stated that Bitcoin may be entering a new bull cycle. Based on the power law pattern, Timmer suggested that a new four-year bull cycle may have begun. He noted that clear market narratives are typically lacking at the start of bull cycles.

According to the Saudi-led coalition on Oct 18, an AH-6I helicopter crashed in Najran region due to technical failure, resulting in 2 crew member deaths. Yemeni Houthi forces claimed on the evening of Oct 17 that they shot down a Saudi Apache helicopter in the same Najran area, presenting a conflicting account of the incident.

According to South Korea's Ministry of Economy and Finance, IMF Managing Director Kristalina Georgieva raised South Korea's 2026 economic growth forecast to 3.3% from 2.6% on October 17. Georgieva praised South Korea's monetary-fiscal policy combination as "appropriate," noting the gradual tightening of monetary policy combined with neutral fiscal stance allows room for future contingencies. The two sides also signed a memorandum of understanding on South Korea's participation in the IMF's Globa

According to IMF Director Choi Ji-young, on October 15, the International Monetary Fund significantly lowered its forecast for South Korea's government debt ratio by 2031 from 63.1% to 49.7%, a downward revision of 13.4 percentage points. In its latest Fiscal Monitor, the IMF also raised South Korea's current-year growth forecast to 3.3% from 2.6%. Choi noted that South Korea is the only developed nation with expanding fiscal space and emphasized the importance of continued investment to boost g

According to South Korea's Ministry of Finance and Economy, Vice Premier and Finance Minister Lee Hyung-il held 19 bilateral meetings on October 18 at the IMF and World Bank annual meetings in Bangkok, setting a record for Korean economic officials. Of these, 12 were initiated by counterpart nations rather than Korea—marking a significant shift from previous years when Korea typically sought meetings with major economies. His counterparts included finance ministers from Japan, UK, Germany, Austr

According to BlockBeats, Paragon, the HIP-3 marketplace deployer, spent 570.98 HYPE (approximately $45,000) today to acquire the PAPER code and is set to launch Papertrade perpetual futures contracts. Papertrade is an on-chain synthetic perpetual trading platform deployed on HyperEVM.

According to ChainCatcher, OpenCode recently experienced a large-scale model distillation attack impacting approximately 1.4% of its Console users. The affected accounts are primarily those connected to external model providers, and OpenCode has notified all impacted users via email.

According to CNBC, U.S. stock markets declined this week, with the Nasdaq falling over 4% to record its worst week since June, and the S&P 500 down approximately 2%. On Friday, the Nasdaq dropped 2.14%, the S&P 500 fell 1.09%, and the Dow Jones declined 0.34%. The Nasdaq and S&P 500 both closed below their 50-day moving average, while the VIX index broke above 22 for the first time in four months. AI and technology stocks faced sustained sell-offs throughout the week. The semiconductor ETF SMH f

According to on-chain analyst Ai Yi tracked by Odaily, a Hyperliquid trader suffered $9.05M in unrealized losses over the past week but continued adding to holdings. The address was up $19.7M in profits in late September, before losses mounted. The trader opened a 40x BTC long on October 16, building a position to $187M at its peak. An ETH long worth $11.74M was liquidated 5 hours ago with $1.08M in losses. Combined realized losses across BTC and ETH trades now total $4.5M. The address currently

According to CoinGlass, on October 18 at 5:22–5:32 AM Beijing time, U.S. stock AI concept and semiconductor-related perpetual futures contracts liquidated over $51.60 million. Long positions accounted for $38.06 million (73.77%), while short positions accounted for $13.53 million. Among the impacted instruments, the semiconductor triple bull ETF (SOXL) saw $12.73 million in liquidations, followed by SanDisk (SNDK) at $10.85 million and SK Hynix (SKHY) at $10.72 million.

According to Frost & Sullivan, in the first half of 2026, global humanoid robot sales reached 36,000 units, exceeding 2025's full-year volume of 35,000 units, with market revenue totaling $540 million. All five leading companies by revenue were Chinese enterprises, with two based in Shenzhen.

According to The Defiant, France's National Assembly passed an amendment on October 18 with a narrow 38-37 vote during its 2027 budget deliberations. Starting January 1, 2027, the measure removes tax deferral benefits previously granted for exchanges of certain crypto assets into fiat-pegged stablecoins. The vote involved 100 lawmakers, with 75 casting valid ballots.

According to Bloomberg, Nvidia Chief Executive Jensen Huang said on Thursday that current market turbulence will eventually pass because AI technology is transformative and will bring positive impacts to every industry and country. Speaking in Berlin, he emphasized that the process is in its early stages and will not be derailed by short-term volatility, adding: "The fundamentals won't change." Huang's comments come as the Philadelphia Semiconductor Index entered its eighth consecutive day of de

According to on-chain analyst Ai Yi's monitoring, a top-3 Ethereum position on Hyperliquid has accumulated $9.33 million in unrealized losses. The address opened a 13x ETH long position on September 21 and currently holds 40,268.75 ETH worth approximately $97 million, with an entry price of $2,646.05. The position has reduced holdings by 8,250 ETH, realizing $2.277 million in losses. The liquidation price stands at $2,290.99, leaving a buffer of $116.51.

According to Hyperbot data, trader Maji returned to the market four hours after a complete liquidation, reopening a 25x leveraged Ethereum long position with 1,325 ETH. The position is valued at approximately $3.2 million with an unrealized gain of about $30,000. Current liquidation price stands at $2,368.