Gate Crypto Flash News and Market Updates

According to Jin10 data on October 10, the EU's Irish presidency proposed a compromise budget plan for the next seven-year EU budget cycle, cutting approximately €160 billion (about $179 billion) from the European Commission's initial €2 trillion proposal. The revised plan reduces spending by about 8% compared to the original, equivalent to €141 billion in nominal terms. EU leaders will discuss the scaled-down proposal at a meeting in Brussels next week. Irish European Affairs Minister Thomas By

In the past hour, Ampleforth (AMPL) fell 11.63% to $1.14, down from $1.29 at the start of the session. The token had peaked at $1.73 earlier in the day. Over the past 24 hours, AMPL traded between a low of $1.13 and high of $1.73. The current market cap stands at approximately $2.73 million with 24-hour trading volume of $4,563.74.

According to leaked factory notices cited by Tom's Hardware, Nvidia has halted production of GeForce RTX 5090 graphics cards and will redirect GB202 processors exclusively to data center and professional GPU products. The notice, confirmed by graphics card market insiders on social media, states that the RTX 5080 24GB will become the company's highest-end consumer gaming GPU, replacing the RTX 5090 as the flagship offering. The alleged shift reflects Nvidia's strategy to maximize margins by allo

According to its X post, Alameda Research unstaked $16 million in SOL recently. This move mirrors a similar transaction from last month, suggesting a pattern of strategic financial maneuvers by the firm.

OKX spot equity products recorded $50.26 billion in trading volume over the past 30 days as of October 9, according to market data. Stock perpetuals accounted for $48.875 billion, while spot trading reached $1.386 billion. Top traded stocks over the period were SNDK, SOXL, and SPCX, with storage-related equities emerging as the most active sector.

According to BlockBeats, Trump posted on Truth on October 10, claiming he ended 8 wars with 2 more set to conclude or be resolved. He also stated he rescued all Israeli hostages, including the final 28 survivors and deceased, and freed hundreds of hostages from around the world. Trump further claimed he defeated the Venezuelan regime and blocked Iran from obtaining nuclear weapons. In his post, Trump questioned why he did not receive the Nobel Peace Prize despite these claimed achievements.

According to CZ on October 10, users should prioritize asset security (SAFU), and the crypto executive stated he does not oppose hardware wallets or self-custody solutions. CZ noted that different wallets and products are suited to different use cases, with varying security implications and best practices. He disclosed that YZi Labs has invested in hardware wallet projects including OneKey and SafePal, as well as mobile wallet products like Trust Wallet.

According to Poland's PAP news agency, on October 10, Poland's central bank policy committee member Ludwik Kotecki said central bank head Adam Glapinski may face suspension, potentially complicating the schedule for rate-setting meetings. If Glapinski is suspended, the monetary policy committee would be led by committee member Ireneusz Dombrowski, with the main challenge being the logistics of convening meetings. The central bank lacks a first deputy governor, and the second deputy governor's te

According to Reuters, Sequoia Capital-backed chip startup Nuvacore is seeking hundreds of millions of dollars in funding at a $2.5 billion valuation. Founded six months ago, the company has not yet launched a product but plans to develop data center CPUs optimized for coordinating AI chip tasks and running autonomous AI software agents.

According to ChainCatcher, analyst Darkfost noted that Bitcoin is currently trading around the $80,500 capital-weighted cost basis support level, displaying a pattern similar to late 2025 through early 2026. This support zone remains effective, marking a key pivot point where investors are near breakeven, with current market sentiment prompting action from most market participants.

According to Barron's, on Friday (Oct. 9), U.S. retail diesel prices reached $6.28 per gallon, up over 70% year-over-year, despite Trump's announcement to relax Russian diesel import sanctions. The administration said Russia would immediately supply 2 million barrels of diesel to the U.S. and global markets, yet the amount falls short of U.S. daily diesel exports of 1.5 million barrels, according to the U.S. Department of Energy. Diesel futures, measured by heating oil contracts, initially dropp

According to Russian President's spokesman Peskov, President Putin conveyed Iran's proposals for resolving the conflict to President Trump during their phone call on October 9. Peskov disclosed the information on October 10 but did not reveal the specific details of Iran's proposals.

According to Houthi forces, Saudi-led coalition jets struck Yemen's Sanaa International Airport in the afternoon of October 10, deploying four bombs. The coalition also targeted a communications facility in Hajjah province controlled by Houthis, dropping three additional bombs. Saudi Arabia has not yet responded to the strikes.

According to CNBC reporting based on 2026 earnings calls, major U.S. retailers have been trimming product assortments to improve profitability amid consumer spending pressure. Dollar General cut 1,500 stock keeping units (SKUs) by March 2026, while Under Armour announced a 25% SKU reduction over recent years with plans to cut another 25%. BJ's Wholesale Club targets a 20% SKU reduction, and Lululemon cut North America SKUs by 15% in September. Retailers say fewer product options help reduce disc

According to Justin Sun on Saturday, Tron's post-quantum cryptography went live on testnet. Sun said the company is ready to deploy quantum resistance to mainnet at any time and is committed to making TRON one of the few major blockchains with quantum-resistant protection before Q-Day, when quantum computing becomes capable of breaking current security standards.

According to PANews, next week's economic data releases will test market expectations for Federal Reserve rate hikes. The Fed's recent meeting minutes signaled a likely pause in tightening, with officials suggesting that while inflation remains elevated, any further rate increase may not come in October. Market pricing has shifted dramatically: the probability of a rate hike on October 28 has dropped to 19% from 70% previously, according to LSEG data. However, markets fully expect a 25-basis-poi

According to Arkham data, a whale withdrew 440,249 WLD from Bybit through a newly created wallet 4 hours ago, valued at approximately $250,000. The same address purchased Ethereum through multiple transactions one week prior, with total investment exceeding $1 million.

Turkey's Presidential Office issued a decree on October 10 prohibiting minors under 15 years old from creating social media accounts. The regulation will take effect on November 1.

According to Guru Club, Amrita Sen, founder and head of market intelligence at Energy Aspects, said Friday that crude oil futures prices are "severely disconnected" from the reality in the Middle East, with some physical crude oil prices should approach $150 per barrel.

According to Bernstein research on October 10, capital expenditure for building a 1GW AI data center ranges from $34.6 billion to $39.5 billion, depending on accelerator architecture. Nvidia's Vera Rubin architecture represents the highest cost, while OpenAI's custom ASIC Jalapeno is the most cost-efficient. Bernstein cut its cost estimate for Nvidia's Rubin NVL72 enclosure from $9.1 million to $7.52 million, a 17% reduction, primarily reflecting adjustments in HBM pricing and NAND storage capac