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
20:02
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Anthropic Negotiates $450 Billion Computing Power Deal with Nscale

According to Bloomberg reporting cited by ChainCatcher, Anthropic is negotiating to purchase approximately $450 billion in computing power from Nvidia-backed Nscale, with the deal potentially closing in coming days. Under the plan, Nscale will construct a second facility at its Monarch data center campus in West Virginia, providing 460 megawatts of capacity utilizing Nvidia Vera Rubin chips. Anthropic will also hold priority purchase rights for a third facility. This marks the second major infra
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20:01
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Anthropic in Talks to Purchase $45B in Compute from Nscale, Possible Second Major Deal

According to Bloomberg, on October 20, Anthropic is in negotiations to purchase computing capacity from Nvidia-backed cloud provider Nscale, with the deal valued at approximately $45 billion. Nscale plans to build a second facility at its Monarch data center campus in West Virginia, delivering 460 megawatts of capacity using Nvidia's Vera Rubin chips. Anthropic also has a right of first refusal on a third facility. The agreement could be finalized within days, though details remain subject to ch
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19:56
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Coinbase Adds AXIS, PEARL, and STABLE to Listing Roadmap

According to Coinbase Assets, Coinbase added three tokens—AXIS, PEARL, and STABLE—to its listing roadmap on October 20. AXIS is a token on the Base network. The assets' trading availability on the exchange remains subject to market maker support and technical infrastructure readiness, with launch dates to be announced separately upon meeting these conditions.
19:52
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Bitcoin Holds $81,300 as Spot ETF Outflows Persist for Two Weeks

According to Bitfinex, Bitcoin held above $81,300 over the past two weeks while spot ETFs recorded net outflows during the same period. The cryptocurrency showed signs of weakening rebounds, with traders closely monitoring the $84,400 level as a potential pivot point for upward movement. The consecutive weeks of ETF outflows suggest investor caution amid the consolidation phase.
19:52
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Broadridge's Mark Nichols Discusses $8 Trillion Monthly On-Chain Repo at Link:NYC

At Link:NYC, Mark Nichols, Co-President of Digital Assets at Broadridge, discussed the operational changes required for moving settlement and collateral on-chain. Nichols highlighted Broadridge's processing of $8 trillion in on-chain repo monthly, emphasizing how tokenization could streamline financial processes and enhance efficiency in institutional digital asset operations.