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
17:13
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Xbox Unveils New Entertainment Division XP on Thursday, Eyes Position as 'Number One Entertainment Company'

Microsoft's gaming division XBOX announced on Thursday (October 8) a new entertainment unit called XP that will bring its popular gaming franchises into movies, television, merchandise and live experiences. XBOX Chief Strategy Officer Matthew Ball said the company aims to become the "number one entertainment company in the world." XP will be led by Kayleen Walters, formerly head of Minecraft developer Mojang, and will combine activities previously spread across different XBOX teams into four bus
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17:13
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Proton Hits 100M Users in February 2026; U.S. Merchant Crypto Payment Adoption Rises to 19%

According to Proton AG and J.D. Power survey data, Proton surpassed 100 million registered users in February 2026, highlighting growing demand for encrypted communication services. The Swiss company accepts Bitcoin payments directly through the Bitcoin network, though subscriptions paid with cryptocurrency cannot auto-renew and require manual payment at least 24 hours before each billing cycle ends. U.S. merchant adoption of cryptocurrency payments rose to 19% in 2026, up from 15% in 2025, accor
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BTC-2.94%
17:12
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Gold Spot Hits $4,123.20 as 10-Year Yield Tops 5.28%, 9-Week Low Behind

According to Kitco, gold spot prices hit $4,123.20 on October 8 at 8:14 a.m. New York time, up $13.30 or 0.32% from the previous session. The Binance PAXG token closed at $4,120.20 on October 7, marking its lowest daily close in nine weeks. The decline reflects a 54 basis point surge in the 10-year Treasury yield to 5.28% since August 21, driven by expectations for additional Federal Reserve rate hikes, oil prices near $105 per barrel, and term premiums from geopolitical developments and AI infr
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17:12
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Vitalik Buterin Says AI Could Break Crypto Encryption Within Two Years

According to Vitalik Buterin on X on October 7, the Ethereum co-founder believes it is "plausible" that artificial intelligence could break lattice-based cryptography within the next two years. Buterin suggests the industry adopt a "bunker mode" approach by moving funds to addresses whose public keys have not been exposed, minimizing exposure to AI-vulnerable and quantum-vulnerable cryptography. This follows a statement a day earlier by Ethereum Foundation researcher Justin Drake, who argued tha
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ETH-5.97%
17:09
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U.S. Wholesale Inventories Rise 0.5% in August, Below Forecast

According to the U.S. Department of Commerce, wholesale inventories increased 0.5% month-over-month in August on a seasonally adjusted basis, falling short of market expectations of 0.7%. Inventories reached $964.29 billion, while wholesale sales rose 1.8% month-over-month to $817.46 billion. Year-over-year, inventories grew 6.4% and sales climbed 15.6%.
17:07
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Iran Halts Oil Shipment Operations Due to U.S. Blockade; 20M Barrels Remain at Sea

According to the U.S. Department of Treasury, Iran has halted oil loading and unloading operations at its ports due to American blockade and sanctions as of October 2026. The U.S. is simultaneously targeting the remnants of Iran's shadow fleet. The U.S. estimates approximately 20 million barrels of Iranian crude oil remain on vessels outside blocked Iranian ports.
17:02
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Storm Isaias Shuts Down 511k Barrels Per Day in US Gulf, 25% of Production, Amid Strait of Hormuz Tensions

Storm Isaias shut down approximately 511,000 barrels per day of offshore crude in the US Gulf of Mexico today, marking 25.08% of regional production and the largest supply disruption amid renewed tensions around the Strait of Hormuz. The disruption has heightened uncertainty over near-term crude availability. US crude inventories fell by 3.2 million barrels in the latest weekly report, the largest draw in five weeks, according to the Energy Information Administration (EIA). Meanwhile, Saudi Arab
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17:01
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Trump's Portfolio Buys Up to $1.6M NVDA, Sells $1M in August as He Prepares to Award Huang

According to Reuters, Trump's financial disclosure filed on September 17 and released on October 8 shows his investment portfolio purchased up to $1.6 million in Nvidia (NVDA) shares in August while selling up to $1 million, as the Trump administration evaluates policies affecting the chipmaker's advanced semiconductor export restrictions. White House spokesman Davis Ingle stated that Trump's portfolio is independently managed by third-party financial institutions tracking recognized indices suc
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17:01
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French 10-Year Bond Yield Rises to 4.895% on October 8; Italian Bonds Surge After Dip

On Thursday (October 8), late in European trading, France's 10-year bond yield rose 2.5 basis points to 4.895%, trading within a range of 4.845%-4.970% during the session. Italy's 10-year yield fell 2.2 basis points to 4.602%, but surged to 4.731% at 18:33 to mark the daily high before declining subsequently. Spain's 10-year yield rose 0.6 basis points to 4.123%, while Greece's 10-year yield fell 1.9 basis points to 4.464%.
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