Gate Crypto Flash News and Market Updates

According to Venezuela's interim President Delcy Rodríguez, on October 18, the country expects approximately $76 billion in investment for oil and natural gas development over the next five years within a framework of recent agreements. This includes a bilateral agreement with the United States that stipulates the operation of 250 drilling platforms.

According to PANews, AMC Entertainment CEO Adam Aron criticized Robinhood on October 18 over the brokerage's plan to launch AMC stock tokens in the U.S. without AMC's consent. Aron stated that the tokens are "fake, synthetic stocks" that could impact AMC's capital structure, and emphasized that "AMC should control its own financial destiny, not Robinhood." The SEC has also required Robinhood to obtain AMC's approval for the token launch, or at minimum halt the initiative pending such consent.

According to an interview on October 16, Justin Sun disclosed that he sold 80-90% of his Ethereum holdings at $3,600-$4,000, keeping only a core position. Sun has not reinvested in ETH since and has shifted his investment focus towards US stocks, reflecting cautious market sentiment.

According to Jin10, on October 18, Arab Israelis, comprising about 20 percent of Israel's population, are seeking record turnout to unseat Prime Minister Netanyahu in the October 27 election. The two main Arab political parties are expected to play a pivotal role in a closely contested race. Arab Israeli movement leaders have stated their intention to remove what they describe as an extremist government.

According to HK01, Hong Kong police arrested four people on October 18 related to a suspected fraud scheme involving 'BBB Group' (好好好集团). The scheme allegedly sold over-the-counter (OTC) stocks and digital assets, with promises to convert OTC stocks into cryptocurrency by February 2027 or earlier. Police received complaints from 21 people involving HK$14 million in total, the Commercial Crime Bureau said. The Hong Kong Securities and Futures Commission has listed the scheme as a suspicious inves

According to Foresight News, trader Boomer currently holds 10,000 ZEC ($11.36 million) in a 10x long position, with an entry price of $1,146.86 and unrealized losses of $85,000. ZEC has declined over 24% in the past month, though Boomer remains the fourth-largest ZEC long holder.

Moonbeam's native token GLMR surged 13.27% in one hour, reaching $0.011299, according to real-time trading data. The token climbed from a low of $0.0095 earlier in the day, marking notable intraday volatility. Over the 24-hour period, GLMR advanced 14.56%, with trading volume reaching approximately $1.66 million. The token hit a 24-hour high of $0.011299, reflecting increased trader engagement amid broader cryptocurrency market fluctuations.

According to Jack Clark, Anthropic's co-founder and head of public interest, on Saturday, October 18, AI capabilities could boost U.S. economic output by nearly 50% by 2030 under specific conditions. The company's internal model projects U.S. GDP could reach $44 trillion, up from approximately $30 trillion currently. Clark told hundreds of government and financial officials that increasingly, evidence points to an "intelligence explosion" where AI development could exceed human control. He urged

According to Jin10, U.S. State Secretary Marco Rubio said on October 17 that the Starshield system used by the U.S. military has not been opened to Ukraine, with arrangements still under discussion. Rubio denied that the U.S. government ordered reduced Starlink network speeds, stating that related services have been restored. He also expressed concern over recent violence in the West Bank, calling for Israel to crack down on violent acts, and noted that President Trump has repeatedly stated his

According to BlockBeats, on October 18, Entropy, an HIP-3 market deployer, launched the Anthropic Pre-IPO market on Hyperliquid. ANTH is trading at $1,909, with the off-chain market capitalization declining to $1.909 trillion from $2.1 trillion at the beginning of the month. The contract recorded $5.6 million in 24-hour trading volume and $40 million in open interest.

According to PANews on October 18, crypto analyst Darkfost responded to claims that a 20% S&P 500 correction would trigger a Bitcoin crash to $10,000. Darkfost's analysis shows such a decline would represent an 87% drop from current levels, or a 92% pullback from the all-time high. Historically, Bitcoin has only experienced pullbacks exceeding 92% once, in 2011; recent cycles saw maximum drawdowns of 82.5% (2015), 82.6% (2019), 74.4% (2022), and 54.2% (2026). To support his argument, Darkfost hi

According to PANews, on October 18, Ledger CEO Pascal Gauthier responded to Mt. Gox former CEO Mark Karpelès' criticism over hardware security risks and disclosure practices. Gauthier acknowledged the challenges in security work but challenged Karpelès to base claims on known facts rather than speculation, stating: "You're not a white knight, be realistic." Karpelès had previously accused Ledger of inadequate disclosure, claiming that timelier and more effective communication could have prevente

According to Thai media Khaosod English, Thai police arrested a 37-year-old Chinese man on Saturday for alleged involvement in an international crime network handling over $75 million in transactions. Investigators said the suspect operated cryptocurrency and foreign-currency exchanges across more than 133 accounts for criminal groups. The man also allegedly arranged visas for members of international crime organizations. Police apprehended him in a luxury Bangkok house after he attempted to eva

According to Jin10, on October 18, Iran's Foreign Minister stated that the plan to reopen the Strait of Hormuz within seven days remains effective. If the United States complies with Iran's conditions, the strait could be reopened within six days, with negotiations resuming on the seventh day.

According to PRNewswire, Hyperscale Data announced today that it has completed the tokenization of 5,000 fine troy ounces of physical silver through its subsidiary Ault Global Commodities, with tokens now live on the Ault Markets platform and expected to begin trading within weeks. The company also disclosed that AI technology subsidiary askROI is preparing for an independent listing via reverse takeover (RTO), initial public offering (IPO), or special purpose acquisition company (SPAC), targeti

According to Korean media reports, Samsung Electronics decided on October 18 to produce NVHBM base chips using TSMC's 3-nanometer process at Nvidia's request. Samsung is also verifying whether it can manufacture base chips in-house if NVHBM demand exceeds TSMC's production capacity, according to Citrini analyst Jukan.

According to the U.S. Treasury Department on Friday, foreign holdings of U.S. Treasury securities rose to $9.33 trillion in August, up $83 billion from July. Japan, the largest holder, reduced its position by $36 billion to $1.1 trillion. China's holdings fell $27 billion to $591 billion, marking an 18-year low. Canada increased its holdings by $38 billion to $465 billion, while Belgium added nearly $20 billion to $491 billion. The United Kingdom, the second-largest holder, surpassed $1 trillion

According to RootData, a web3 asset data platform, ChainOpera (COAI) will unlock approximately 8.32 million tokens worth approximately $2.15 million at 00:00 UTC+8 on October 25, according to token unlock data.

According to Arkham, a whale purchased 7.6 million WLD tokens over the past 14 days at an average price of $0.57 per token, worth approximately $4.32 million. The position has accrued an unrealized loss exceeding $780,000 and is approaching $1 million in losses.

According to Coin Bureau, Leopold Aschenbrenner's fund Situational Awareness saw its seven core AI stock positions average down 18.3% since September 8, just weeks after buying options worth hundreds of millions in early September. CoreWeave led losses with a 37.4% decline, followed by SK Hynix down 25.8%, SanDisk down 23.8%, and DRAM down 22.9%. Bloom Energy fell 18.1% and Intel dropped 9.4%, while AMD gained 9.1% against the trend.