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.
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08:08
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IEA Cuts 2027 Global Oil Supply Forecast to 7.7 Million Barrels Per Day

The International Energy Agency lowered its forecast for global oil supply growth in 2027 to 7.7 million barrels per day from a previous estimate of 8 million barrels per day, according to its latest monthly report. The revision reflects a downward adjustment of 300,000 barrels per day.
08:05
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IEA Raises 2026 Global Oil Supply Decline Forecast to 6 Million bpd

According to IEA's latest monthly report released today, the International Energy Agency raised its forecast for global oil supply decline in 2026 to 6 million barrels per day from its previous projection of 5.7 million bpd, marking a downward revision of 300,000 barrels per day.
08:04
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IEA Revises 2026 Oil Demand Forecast Down to 2.6M Barrels Daily, Cuts 2027 Growth Outlook

According to the IEA's October report, the agency revised down its global oil demand forecast for 2026 to a decline of 2.6 million barrels per day, compared to the previous expectation of 2.5 million barrels per day. For 2027, the IEA now projects demand growth of 2 million barrels per day, down from the prior forecast of 2.6 million barrels per day.
08:03
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PancakeSwap Proposes Raising LP Fee Share to 88% Across 11 Chains

According to ChainCatcher, PancakeSwap's core team The Kitchen has released a tokenomics proposal called "The Flip." The proposal suggests increasing the liquidity provider (LP) trading fee share to 88% for PancakeSwap v3 and Infinity across all 11 supported chains, with the remaining 12% allocated to the protocol treasury. PancakeSwap v2 fee structures remain unchanged.
CAKE1.05%
08:01
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infiniFi Launches INFI Token With 45% for Ecosystem, TGE Coming Soon

According to Foresight News, DeFi protocol infiniFi has announced its native token INFI allocation: 45% for ecosystem, 20% for team, 20% for investors, and 15% for foundation. Community airdrops will be distributed from the ecosystem allocation. The protocol stated that INFI TGE is launching soon, with additional token utilities to be disclosed.
08:01
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DAXA Calls for Aligning Digital Asset Taxation with Basic Law Classification Before 2027 Implementation

According to DAXA co-chairman Kim Jae-jin on October 14, digital asset taxation scheduled to take effect on January 1, 2027, should be coordinated with the classification framework under South Korea's pending digital asset basic law and enhanced enforcement infrastructure. Kim noted that premature implementation could result in repeated changes to tax standards if stablecoins are later classified separately from general digital assets. He also highlighted enforcement challenges, citing that over
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