Gate Crypto Flash News and Market Updates

According to BlockBeats and HTX market data, Bitcoin rebounded 3.1% from today's low as of October 13, trading at $83,408.

According to The Information, a startup co-founded by Jeffrey Katzenberg is in talks with OpenAI to acquire usage rights to Sora, with plans to adjust features and commercialize related services.

According to PANews, David Sacks congratulated Anthropic on October 13 for reducing data extracted from Claude through distillation attacks by 90 to 99 percent. Sacks reiterated his view from All-In Podcast episode 282 that private companies, rather than governments, are the best actors to prevent model distillation. He noted that Washington previously pursued restrictions on open models based on intellectual property rights, prompting opposition from 50 major companies including Nvidia, Microso

According to IMF officials, on October 13, artificial intelligence financing has formed a positive feedback loop but may turn negative if venture capital commitments fail to materialize. An AI market correction would impact the global economy, with emerging markets like Thailand facing heightened risks including currency depreciation and capital outflows.

According to Jin10, China's People's Bank on October 13 approved Visa Information Technology (Beijing) Co., Ltd. to prepare for establishing a bank card clearing organization. The company has one year to complete its preparation, after which it can submit an application for operation. Visa's clearing business license will be issued by the People's Bank and the National Financial Regulatory Administration upon approval.

According to Guru Club, on October 13, methanol futures fell over 7% in morning trading, leading declines in China's commodity markets. Lithium carbonate dropped nearly 4%, while ethylene glycol, synthetic rubber, and natural rubber lost over 3%. On the upside, low-sulfur fuel oil rose over 6%, fuel oil gained over 3%, and benzene climbed over 2%.

According to Barron's, Nvidia (NVDA-US) fell 1.2% to $226.32 in closing trade on Monday (October 12), marking its fourth consecutive day of losses. The Philadelphia Semiconductor Index declined 2.6%, while Marvell Technology (MRVL-US) and Micron Technology (MU-US) each fell over 3%. ICap Technical Analysis strategist Walter Zimmerman highlighted in a weekend report that Nvidia's weekly price chart over the past approximately 18 months has formed a "large, bearish ascending wedge" pattern, with c

Binance launched RWUSD on the platform today at 4 PM Beijing time (October 13), with zero trading fees for RWUSD/USDT spot and margin trading pairs. The zero-fee promotion period will end at a date to be announced. Users can also swap RWUSD with BTC and USDT through Binance Convert fee-free within one hour of launch. RWUSD is a yield-bearing product supporting flexible subscription periods with daily APR payouts. It maintains a 1:1 peg with the stablecoins used for purchase and will convert to U

According to Jin10 Futures, as of Oct 13 at 11:31 AM, China's futures markets saw significant capital movements across key contracts. Top inflows included coking coal 2701 futures at 440 million CNY, aluminum oxide 2701 at 424 million CNY, and low-sulfur fuel oil 2612 at 369 million CNY. Meanwhile, top outflows were led by CSI 300 2612 at 1.38 billion CNY, crude oil 2611 at 737 million CNY, and CSI 500 2612 at 570 million CNY.

According to Bernstein research dated October 11, 2026, the data center project pipeline reached 456 gigawatts in September, up 13% month-over-month with 52GW added. Under-construction capacity stood at 79.9GW, while stalled capacity hit a record 51.7GW, representing 11% of the pipeline. Bernstein noted that 27 U.S. states are restricting or considering restrictions on new data center development, signaling mounting local resistance alongside expanding AI infrastructure demand.

According to Odaily, a wallet associated with TechnoRevenant incurred a $1.7 million loss trading on Papertrade as of today, earning 136 million PAPER tokens and becoming the platform's second-largest holder. The wallet had previously staked 744,000 HYPE on Hypercore to borrow 3 million USDC. To date, staking rewards have recovered 1.051 million USDC, bringing the net loss to approximately $650,000.

According to Odaily, Rome announced it has completed a $9 million fundraising round for its upcoming ROME token. Investors include Portal Ventures, Hack VC, HashKey, Anagram, and Robot Ventures. Rome is building a cross-chain interoperability protocol on Solana.

According to Blockworks podcast Empire hosted by Jason Yanowitz, Kamino's new CEO Michael Weisz recently outlined the protocol's next steps. He aims to position Kamino as the primary on-chain borrowing and liquidity infrastructure by connecting asset managers with brokers, exchanges, and distribution platforms through APIs, allowing users to access Kamino on familiar platforms. Regarding KMNO token holders, Weisz committed to communicating in a manner similar to public companies. Holders will re

According to OKX exchange data, BAT jumped to $0.1753 today (October 13), with intraday gains of 16.45%. The token has rallied significantly over the past month, climbing approximately 124% from $0.0784 on September 13.

Tianqi Materials, a leading global electrolyte supplier, recently cleared Hong Kong Exchanges and Clearing's listing review, paving the way for dual-listing on both Shanghai and Hong Kong exchanges. According to financial data, the company's H1 2026 revenue reached 147.1 billion yuan, surging 109.3% year-over-year, with gross profit jumping 275.7% to 49.35 billion yuan and net profit leaping to 28.47 billion yuan from 2.65 billion yuan in the prior-year period. Gross margin expanded significantl

According to Guru Club, on October 13, China's SHIBOR (Shanghai Interbank Offered Rate) main tenors fell across the board. Overnight SHIBOR dropped 0.8 basis points to 1.2880%, while 7-day SHIBOR declined 0.5 basis points to 1.3410%. The 3-month tenor held steady at 1.4300%.

According to Ai Wei as reported by PANews, on Oct 13, address 0x138...73b4D withdrew 600,005 UNI (worth $4.28 million) from Binance following a price rebound. Since Oct 11, the address has accumulated a total of 1,292,895 UNI worth $9.596 million, with an average withdrawal price of $7.42. The whale initiated this position yesterday and is now adding to its holdings.

According to the International Monetary Fund's latest Financial Stability Report, artificial intelligence-related investment adjustments and sharp increases in bond market yields pose potential threats to global financial markets. The IMF identified these developments as key risks in its updated assessment. Bond market risks have increased since the fund's April stability report, with the potential for AI-driven adjustments to have global consequences.

According to Chinese Securities Gold Bull (Zhongzheng Jinniu), multiple leading polysilicon producers recently held a closed-door meeting in Hangzhou and agreed that the average polysilicon cost with tax shall not fall below 43,000 yuan per ton, along with corresponding sales price floors. The meeting also established a minimum pricing line for battery panels. Additional arrangements discussed included capacity coordination and peer-monitoring mechanisms.

According to ChainCatcher citing on-chain analyst Ai Yi, a whale withdrew 600,000 UNI from Binance 40 minutes ago, valued at $4.28 million. Since October 11, the whale has accumulated 1.2929 million UNI tokens worth $9.596 million with an average withdrawal price of $7.42 per token, currently marking a $300,000 loss on the position.