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
16:47
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U.S. Military Strikes Speedboat in Eastern Pacific on October 27, Killing 5

According to U.S. Southern Command, on October 27, American forces from the Joint Task Force-West Hemisphere struck a speedboat operating on an alleged drug trafficking route in the Eastern Pacific, killing five individuals described as drug traffickers. The operation is part of ongoing maritime interdiction efforts in the Caribbean and Eastern Pacific regions.
16:44
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U.S. Consumer Confidence Index Rises to 91.7 in October, Beats Expectations

According to the Conference Board, the U.S. consumer confidence index rose to 91.7 in October, up 7.5 points from 84.2 in September, significantly exceeding market expectations of 81. The present situation index climbed to 120.4, a gain of 8.6 points month-over-month, while the expectations index in
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16:40
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FTC Signals Lawsuit to Block Cintas' $5.5B Acquisition of UniFirst

According to Semafor, citing sources, the U.S. Federal Trade Commission (FTC) has informed uniform rental company Cintas that it intends to file a lawsuit to block Cintas' proposed $5.5 billion acquisition of rival UniFirst. While the FTC has not yet voted on whether to proceed with the lawsuit, the
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16:35
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Russia Bans Seven British Defense Executives From Entering Country

According to the Russian Foreign Ministry, Russia has recently banned seven British military-industrial executives from entering the country. The decision targets officials from defense companies that have supplied weapons and military technology to the Kyiv
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16:33
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Europe's Stoxx 600 Closes Up 0.48% to 643.76 on October 27

Europe's Stoxx 600 index closed up 0.48% at 643.76 on October 27. The Stoxx 50 index, tracking eurozone blue chips, advanced 0.84% to 6,167.39, with Infineon leading gainers at over 5%, followed by Siemens Energy up 4.2% and Essilor Luxottica up 3.9%.
16:31
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USDC Now Holds 56% of Euro Stablecoin Trading Volume, Surpassing USDT

According to Kaiko data, USDC currently accounts for 56% of euro-denominated stablecoin trading volume, up from 10% in January 2024 and now surpassing USDT. The shift accelerated after European exchanges restricted USDT trading in compliance with the Markets in Crypto-Assets Regulation (MiCA).
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