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
12:42
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DTCC Launches Tokenization Service Targeting $30 Trillion in Real-World Assets

According to DTCC's recent announcement highlighted by KuCoin, the Depository Trust & Clearing Corporation has launched a tokenization service designed to bring up to $30 trillion in real-world assets on-chain. The service initially covers 25 securities, including U.S. Treasuries, equities, and ETFs, and operates on permissioned blockchain networks such as Canton and Hyperledger Besu. The initiative aims to enable more efficient transactions and 24/7 collateral transfers while preserving existin
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12:39
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China Yiwu International Commodities Fair Concludes with 23.37% Surge in Foreign Buyers

According to China Securities Journal, the 32nd China Yiwu International Commodities Fair concluded recently, attracting 193,628 professional buyers over four days, up 4.08% year-over-year. Foreign buyers reached 14,759, representing a 23.37% year-over-year increase and hailing from 224 countries and regions. The event included parallel trade matching sessions such as the 2026 'Jintrade Global' supplier-buyer forum targeting the Middle East and ASEAN markets.
12:39
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Netanyahu Says Palestinian Authority Will Face 'Big Surprise' on October 24

According to i24 News, Israeli Prime Minister Netanyahu said on October 24 that the Palestinian Authority would face a "big surprise," following military operations in the West Bank after attacks on Israeli soldiers. In a Friday evening interview, Netanyahu stated: "In this election, we must prevent the establishment of a Palestinian state." While declining to directly confirm whether he intends to dissolve the PA, he suggested adopting a strategy of "ambush and surprise." He added that the PA w
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12:38
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Bitcoin Breaks Below 50-Day Moving Average for First Time Since August, Ending 66-Day Streak at $80,600

According to Bitcoin News, on Friday, Bitcoin broke below its 50-day moving average for the first time since August, with the price near $80,600, ending a consecutive 66-day streak of trading above the level. U.S. spot Bitcoin ETFs saw net outflows of $137.9 million on Friday, marking the second consecutive trading day of outflows. Thursday saw net outflows of $635.6 million, the largest single-day outflow since June. Combined outflows over the two trading days totaled approximately $773.5 milli
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12:33
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UAE's Ras Al Khaimah Closes All Beaches After Oil Tanker Leak on Saturday

According to Jin10, authorities in Ras Al Khaimah, UAE, closed all beaches in the emirate on Saturday until further notice in response to a sea-based oil tanker leak. On Friday, neighboring Umm Al Quwain and Sharjah also closed their beaches due to the same incident. The UAE's Ministry of Climate Change and Environment is conducting environmental assessments while authorities work to contain the oil spillage from the vessel.
12:23
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UK FCA Issues Latest Guidance on Algorithm-Based Crypto Trading Routes; Regulation Required

According to CryptoSlate, the UK Financial Conduct Authority (FCA) recently released draft regulatory guidance stating that crypto trading applications using algorithms to automatically select trading venues and execution paths based on factors such as price, liquidity, trading costs, or execution speed may be classified as conducting regulated crypto-asset trading arrangement activities and require appropriate licensing.
12:13
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Nvidia CEO Huang Says AI Token Costs Drop 30-40x Annually

According to Ark Invest Tracker, Nvidia CEO Jensen Huang stated today (Oct 24) that AI token costs decline 30 to 40 times annually, significantly reducing AI usage expenses. As costs drop, customers' returns from AI scale exponentially, Huang said.
12:13
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SpaceX and China Race to Expand Space-Based AI Computing; Global Market Projected to Hit $1 Trillion by 2035

According to Fortune, SpaceX and Chinese tech firms are competing to deploy space-based AI computing infrastructure to address growing power demands. At a Fortune China 500 Summit held in Chengdu on October 22, space computing emerged as a focal point for investment and development. SpaceX plans to deploy orbital AI computing satellites beginning in 2028, leveraging solar power to bypass earthbound data center electricity constraints and targeting 100 gigawatts (GW) of annual space computing cap
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12:11
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WOO Network Surges 12.63% in 5 Minutes to $0.01195

WOO Network's price surged 12.63% in just five minutes, climbing to $0.01195. Over the past 24 hours, WOO gained 13.81%, with trading volume reaching $473,485.76. The token traded within a range of $0.01008 to $0.01195 during the period.
12:10
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Thai Police Arrest Chinese National Over Crypto Fraud Scheme Involving Over 100 Million Baht

According to Matichon, on Oct 24, Thai immigration police arrested a 47-year-old Chinese man suspected of running a cryptocurrency fraud scheme. The suspect, who also held a Cambodian passport, allegedly lured Chinese investors with promises of high returns, causing losses exceeding 100 million baht for multiple victims. Bangkok North District Court had previously issued an arrest warrant for fraud. Police tracked the suspect from Nakhon Ratchasima Province to a luxury villa in Chachoengsao Prov
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12:03
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22 Companies Including Wells Fargo, Arm, Intuit Object to OKXICE Tokenized Stock Trading

According to FinanceFeeds, six additional major companies including Wells Fargo, Arm Holdings, and Intuit have objected to third-party tokenization of their shares on OKXICE, bringing the total number of issuer objections to 22. The objections target OKXICE's proposed blockchain-based stock venue, a joint venture between cryptocurrency exchange OKX and Intercontinental Exchange, the parent of the New York Stock Exchange. OKXICE initially identified 63 stock symbols representing 62 companies for
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12:02
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Celo Adds Six Ripio Stablecoins for Latin American Currencies on October 23

According to Celo's announcement on October 23, Celo integrated six stablecoins from Ripio covering Argentine peso (ARS), Brazilian real (BRL), Mexican peso (MXN), Colombian peso (COP), Chilean peso (CLP), and Peruvian sol (PEN) to support cross-border payments and onchain foreign exchange transactions on its blockchain network. The tokens—wARS, wBRL, wMXN, wCOP, wCLP, and wPEN—provide digital representations of major Latin American currencies and are designed to facilitate local-currency transa
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CELO-3.58%
11:49
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S&P 500 Earnings Season Peaks Next Week as Alphabet, Microsoft, Amazon Report; Fed Rate Decision Looms

According to BlockBeats, next week's U.S. stock market will see the busiest week of the current earnings season, with roughly one-third of S&P 500 components reporting results. Alphabet and Microsoft will release earnings Wednesday, Amazon on Thursday, with investors focused on capital expenditure guidance and whether massive artificial intelligence investments are generating returns. Super-scale cloud computing firms are projected to spend approximately $800 billion on capital expenditures this
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