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
01:55
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Japan to Invest $21 Billion in GlobalFoundries Chip Plants in New York

According to Reuters, Japan will invest approximately $21 billion in chip manufacturing facilities in New York to be operated by GlobalFoundries, with the U.S. government and Japanese interests holding joint ownership. This investment is part of a broader $550 billion U.S.-Japan economic agreement, under which U.S. tariffs on Japanese automobiles and other imports will decrease from at least 25% to 15%. Construction of the first plant is scheduled to begin in 2026, with production expected to co
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01:54
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Hong Kong Storage Stocks Fall, Leveraged Hynix ETF Down 22% on October 15

According to PANews, Hong Kong storage-related stocks declined on October 15, with leveraged products tracking the sector experiencing significant losses. The Southern Two Times Long Hynix product fell over 22%, while the Southern Two Times Long Samsung Electronics product dropped over 20%. Other semiconductor stocks also declined, including Loongson Technology down over 9% and GigaDevice down over 6%. The move followed weakness in South Korea's benchmark market, where the KOSPI index fell 7%, S
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01:52
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Ukraine's Military Starlink Terminals Restricted on October 14; Republicans Warn to Block Budget if U.S. Imposed Limits

According to WSJ on October 14, Ukrainian military Starlink terminals suddenly faced usage restrictions as tensions between the U.S. and Ukraine escalated. Ukrainian officials suspected U.S. President Trump may have ordered the restrictions, though this remained unverified. Republican lawmakers warned they would consider blocking federal funding for relevant agencies if the limits were confirmed to be U.S.-imposed. The incident occurred amid Trump's recent proposals to purchase diesel from Russi
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01:52
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Rakuten Wallet Launches Unified Trading App, Integrates Spot and Margin Trading Yesterday

According to NADA News, Rakuten Wallet, the digital asset exchange under Japan's Rakuten Group, launched the Android version of its unified trading app on October 14, combining spot trading and margin trading into a single application. The iOS version will be released later. The new app features an AI-powered guidance function called AI Concierge, which answers user questions about market trends, digital asset terminology, and app usage through conversational responses. The company stated that t
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01:50
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L2 Capital Plans to Tokenize $500M in Tech and AI Assets on Newton Platform

According to Newton Labs, on October 14, Hong Kong investment firm L2 Capital plans to tokenize $500 million in late-stage tech and AI holdings on Newton's blockchain platform. L2 Capital aims to complete the tokenization within 24 months of the platform's launch. The platform will be limited to eligible institutional and professional investors in licensed jurisdictions, allowing them to hold positions onchain and use them as collateral in permitted decentralized finance lending markets.
01:47
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Whale Closes 20,000 ETH Position with $8.93M Profit After 56+ Day Hold

According to Lookonchain, a whale closed a 20,000-ETH long position established on August 19 with a profit of $8.93 million on October 15 after holding for over 56 days. The initial position was worth approximately $48.4 million at entry. The holding generated unrealized gains (paper profits) that peaked at $17 million during the position tenure.
ETH-3.61%
01:46
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IMF Forecasts South Korea's GDP Gap Rate at +0.548% This Year, Dramatic Reversal From -1.0% Projection

According to the IMF's October World Economic Outlook database released this week, South Korea's GDP gap rate is now forecast at +0.548% for 2026, a sharp reversal from the -1.0% projection made in November 2025. The IMF expects the gap to widen further to 1.168% in 2027, more than double this year's level. The revised forecast reflects the IMF's upward adjustment of South Korea's real GDP growth rate to 3.3% for 2026, up 0.7 percentage points from 2.6%, driven by strong semiconductor exports.
01:44
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StraitsX and Visa Expand Stablecoin Card Services to 100+ Markets

According to StraitsX, on October 15, the Singapore-based stablecoin payments company partnered with Visa to expand stablecoin-backed card issuing to more than 100 markets, extending its existing Asia service for fintech firms, wallets, and digital asset companies. StraitsX's Asia card business has reached over US$6 billion in annualized transaction volume, with eligible card programs remaining subject to regulatory, compliance, and Visa requirements.
01:42
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Crypto KOL Anglio Profits ~$130K Through Pump-and-Dump Signals on Pump.fun Over Past Two Weeks

According to Bubblemaps, crypto KOL Anglio used 5 linked wallets to profit approximately $130,000 through coordinated signal-and-exit tactics on Pump.fun over the past two weeks. Among 534 calls made, 61% involved the linked wallets buying tokens 20 seconds before the public call, then selling within 4 minutes of the signal. Bubblemaps estimated total profits at $130,000, comprising $50,000 in trading gains and $80,000 in signal rewards. When the linked wallets did not participate, Anglio's publ
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PUMP-6.40%
01:40
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Coinbase Joins International Strike Force to Target West African Scam Networks in London Operation, October 6-9

According to ChainCatcher, Coinbase announced it has joined Tech Against Scams and partnered with the UK National Crime Agency, U.S. Department of Justice Scam Center Strike Force, and international law enforcement partners to conduct a coordinated operation in London from October 6-9 targeting West African fraud networks. The scam operations work across platforms, using social media to identify victims, building trust through messaging apps, and leveraging digital infrastructure to move stolen
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01:35
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Terafab to Receive First ASML EUV Lithography Tool in Mid-2027

According to tech journalist Tim Culpan and SemiAnalysis, Tesla's Terafab semiconductor project will receive its first ASML extreme ultraviolet (EUV) lithography system in mid-2027. However, SemiAnalysis projects that the main factory building will not be completed until the end of 2027, with equipment installation coming even later, suggesting the expensive tool may remain idle for an extended period after delivery.
01:34
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Network Liquidations Hit $452M in 24 Hours, Long Positions Account for $394M

According to Coinglass data, cryptocurrency liquidations across the network totaled $452 million over the past 24 hours, with long position liquidations reaching $394 million and short position liquidations at $58.06 million. Bitcoin long liquidations amounted to $65.07 million, while Ethereum long liquidations hit $66.84 million during the same period.
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01:32
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FDA Expands Anktiva Approval for Bladder Cancer; IBRX Stock Eyes 6% Weekly Slump

According to the FDA, ImmunityBio (IBRX) on Wednesday secured expanded approval for Anktiva, extending coverage to BCG-unresponsive non-muscle-invasive bladder cancer with papillary-only tumors. The decision arrived nearly three months ahead of the Jan. 6, 2027, target date. Papillary disease accounts for approximately 85% of non-muscle-invasive bladder cancer cases, according to the company, making this the first FDA-approved treatment for papillary-only disease in the BCG-unresponsive setting.
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01:31
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Bitcoin Could Reach $90K After $85K Resistance Break, Says 21Shares Strategist

According to 21Shares senior crypto strategist Matt Mena, Bitcoin could retest $85,000 and potentially advance toward $90,000 once macroeconomic uncertainty recedes. If Bitcoin pulls back, prices may hold support near $81,000. The U.S. Producer Price Index is scheduled for release on October 15, with the Federal Reserve's policy meeting set for October 27-28. Mena noted that Bitcoin's recent break below $85,000 has already priced in downside risks from elevated inflation data. He expects further
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BTC-2.06%
ETH-3.61%
SOL-3.02%
01:31
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Profitable Address Boosts SKHX Short Position to $27.04M on Oct 15, Adding $12.58M

According to Odaily, on Oct 15 between 08:06 and 09:00 UTC, an address (0xfc667adba8d4837586078f4fdcdc29804337ca06) boosted its SKHX short position from approximately $15.39 million to $27.04 million by opening and adding roughly $12.58 million in shorts, while closing $59,000 worth for $5,050 profit. During the same period, the address also reduced its SP500 short holdings, closing approximately $3.18 million in positions and opening $400,000 worth of new shorts for $6,277 profit. Its SP500 sho
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