Gate Crypto Flash News and Market Updates

According to HTX, SOL fell below $105 to $104.95, down 1.38% in the last 24 hours.

According to UBS, on Wednesday (October 14), the firm raised its price target on Meta Platforms to $884 from $715, citing opportunities to monetize AI-powered Business Agents and Muse, with 15.9% implied upside. The firm cut its Trade Desk target to $15 from $16, reflecting concerns about weaker ad budget allocation and increased competition from Amazon for advertiser spending. UBS also raised its target on Snap to $7 from $5.70 but maintained a 'Neutral' rating, saying advertisers were not prio

According to Bloomberg, Indian telecom operator Jio Platforms will offer 270 million shares in its Indian IPO. Subscription for the offering opens on October 21 and closes on October 23.

According to the Wall Street Journal, Netflix will lay off 6% of its workforce, approximately 1,000 positions. This marks the company's largest reduction since 2022, primarily affecting product, technology, legal, and human resources departments.

According to Caijing Licai, on October 14, the U.S. 30-year Treasury yield surged to 5.624%, up 5.8 basis points in a single trading session with a daily gain of approximately 1.05%, touching an intraday high of 5.627%. The U.S. 10-year Treasury yield rose to 5.327%.

According to The Block, on October 14, brokerage services provider DriveWealth has partnered with Ripple to integrate its stablecoin settlement, cross-border payment, and digital asset custody services into its brokerage platform. The integration will use Ripple's RLUSD stablecoin on XRP Ledger, enabling DriveWealth customers to fund and manage collateral accounts with the stablecoin, which can be near-instantly converted to fiat currency. The companies will initially launch settlement services

According to ChainCatcher, the U.S. dollar surged nearly 3% over four weeks through October 9, marking its longest winning streak since early 2025, after inflation data exceeded expectations, prompting traders to bet on Federal Reserve rate hikes. The Bloomberg Dollar Spot Index rose 0.4% intraday on Wednesday.

According to Chainalysis, crypto remittances from Canada to India, China, and the Philippines surged 141% year-over-year to $2.36 billion in the 12 months ending June 2026. The three countries accounted for 194% of Canada's outbound cross-border stablecoin value, up from 10.9% in the previous year. Transfers totaled 3.56 million transactions, averaging $663 per transaction. Stablecoins accounted for 44% of Canadian dollar-based order book volume in June, up from 30% a year earlier.

According to ChainCatcher, the U.S. 5-year Treasury yield rose 15 basis points today, reaching its highest level since 2007.

EUR/USD fell to 1.1117 today, marking its lowest level since mid-May 2025, down 0.7% intraday.

U.S. 2-year Treasury yields rose 15 basis points intraday today, reaching 4.94%.

Shanghai gold futures (SGX:2612) fell 1.56% intraday today (October 14), trading at 886.2 yuan per gram. Shanghai silver futures (SGX:2612) declined 3.47%, at 13,929 yuan per kilogram.

According to Nasdaq data, Broadcom (AVGO) closed at $357.31 on October 13, 2026, up $2.58 or 0.73%, rebounding from Monday's 1.88% decline. The session opened at $349.595 and recovered to close above the prior day's $354.73, on trading volume of 17.3 million shares. CEO Hock Tan, speaking in Singapore on Monday, told investors that many "have no clue what they are investing in" regarding AI, describing extreme expectations as feeling "almost like they are in a casino." Broadcom has not revised i

According to Gate data, gold (XAUUSD) fell to $4,095.56 per ounce in 24 hours, a decline of 2.1% from the previous level.

According to Polygon's official blog, Polygon Labs has completed its acquisition of Coinme, with its Polygon Open Money Stack (OMS) now operating as a regulated payment platform. The platform covers 48 U.S. states and holds 37 state money transmitter licenses and 11 exemptions. OMS is also registered with FinCEN as a money services business.

Spot silver declined 3.00% during today's intraday trading session, currently trading at $57.39 per ounce.

According to Anthropic's Head of International Affairs Guillaume Princen on October 14, open source models require very careful handling due to heightened security concerns. While Princen clarified he cannot speak on behalf of open models broadly, he noted that by definition, they present elevated risks compared to closed systems.

According to Strive executive Joe Burnett, investors can now participate in the SATS perpetual preferred stock IPO through Fidelity, as announced on X.

According to the International Copper Study Group, global copper mine production is expected to grow 1.6% in 2026 and 2.3% in 2027, announced on October 14. Global refined copper production is projected to increase approximately 0.4% in 2026, with a 3% rise anticipated for 2027. The organization also forecasts a surplus of around 96,000 tons in refined copper supply for 2026.

According to CME FedWatch, on October 14, following the release of September CPI data, the probability of the Federal Reserve maintaining rates unchanged in October stands at 56.3%, while the odds of a 25 basis point rate hike reach 43.7%. For December, the probability of holding rates steady drops to 4.3%, with a cumulative 25 basis point increase at 55.3% and a cumulative 50 basis point increase at 40.4%.