Gate Crypto Flash News and Market Updates

According to the National Hurricane Center, Hurricane Isaias is expected to continue weakening. Even after transitioning to a post-tropical cyclone, the system is still forecast to produce gusty winds inland through Saturday.

The U.S. SEC on October 10 proposed amending Rule 17a-7 of the Investment Company Act to restore registered funds' ability to cross-trade most fixed-income securities with affiliated parties, reversing restrictions from 2020 fund valuation rules. The proposal will update pricing and oversight conditions, and requires funds engaging in cross-trades to file summary reports. SEC Chairman Paul Atkins noted that cross-trading can help funds avoid public market transaction costs. The comment period is

According to Guru Club, on October 10, multiple domestic gold jewelry brands raised prices for their 24K gold ornaments compared to the previous day. Chow Sang Sang reported 1,262 yuan per gram, up 8 yuan; Lao Miao Gold reported 1,258 yuan per gram, up 9 yuan; Lao Fengxiang reported 1,262 yuan per gram, up 12 yuan.

According to Bitfinex, at the TOKEN2049 event in Singapore, the exchange highlighted significant interest in tokenised stocks among attendees, with discussions centered on capital rotation into real-world assets. The focus may signal growing acceptance of digital assets in traditional finance.

According to Foresight News, Algorand Foundation CTO Bruno Martins announced today that he is stepping down after nearly four years in the role. Martins was promoted to Chief Technology Officer in March 2026, where he oversaw protocol engineering and Algorand's technical roadmap.

According to operational data released by Yunzhiji Technology (02670) during the Double Festival period (Sept 25-Oct 7), AI voice calls reached 2.266 million, up 110.37% year-over-year and up 56.55% compared to pre-festival levels. Over the 13-day period, the company's service robots handled 19.785 million cumulative service requests and traveled 1.689 million kilometers. The surge reflects a deeper shift in the company's business model from one-time hardware sales to recurring software subscrip

According to Michael Novogratz, founder and CEO of Galaxy Digital, speaking this week at the Greenwich Economic Forum, AI represents "the biggest bubble of our lives," yet he maintains the bull run remains far from over. Despite rising interest rates and investor concerns about valuations, Novogratz argues that AI-related stocks are still undervalued and that the speculative surge will continue to expand. This contrasts with Ray Dalio, founder of Bridgewater Associates, who said on Wednesday tha

According to ChainCatcher, Franklin Templeton met with U.S. SEC cryptocurrency officials on October 9 to explore regulatory exemptions enabling tokenized money market funds and ETFs to trade on blockchain-based exchanges. Discussion topics included pricing rules under the Investment Company Act, investor redemption of tokenized shares through blockchain venues, and liquidity provider fee arrangements. The firm also discussed tokenized ETF trading pairs with tokenized stocks, approved stablecoins

According to PR Newswire, Evernorth Holdings Inc. completed its merger with Armada Acquisition Corp. II on October 9, 2026. The company will commence trading on Nasdaq under ticker symbol XRPN on October 12, holding approximately 473 million XRP at listing. Evernorth raised roughly $300 million in cash proceeds from investors including Arrington Capital, SBI Group, Ripple, Pantera Capital, Kraken, and GSR. The company positions itself as an actively managed XRP treasury vehicle focused on instit

According to BlockBeats, on October 10, Nvidia expanded its stock buyback authorization to $235 billion while adjusting its free cash flow calculation to exclude "strategic investments." According to data through July 26, Nvidia's equity investment cash outflow reached $35.2 billion in the first half of fiscal year 2026, which if included in the adjusted calculation would reduce reported free cash flow from $69.9 billion to approximately $21.7 billion, a 69% decline. Nvidia also added $24.9 bill

According to the State Council Information Office, China launched five employment promotion initiatives on October 10. The actions include an artificial intelligence employment adaptation program, a "Skills Illuminate the Future" training initiative, a migrant worker employment promotion program, a high-quality employment public service delivery initiative, and a "Human Resources Service Plus" integration development initiative.

According to a joint notice from China's Ministry of Commerce and six other agencies on October 10, the government launched a quality e-commerce initiative to promote the deep integration of artificial intelligence with e-commerce platforms. The policy encourages innovation in e-commerce service models, including the development of intelligent agents, while supporting small and medium-sized sellers with core technologies and original designs to connect with e-commerce channels. The initiative al

According to Unichain's announcement, the layer-2 network will migrate to OP Enterprise on October 29 to enable native interoperability across OP Stack chains. The testnet migration is scheduled for October 13. Once interoperability goes live, users will be able to transfer assets between OP Stack chains without requiring cross-chain bridges, with ETH supported first. On-chain contracts, balances, and all existing applications including Uniswap v2, v3, and v4 will remain unchanged.

According to BlockBeats, Pump.fun is developing perpetual futures trading powered by Hyperliquid today (October 10).

According to HTX market data, Solana (SOL) broke below $110 on October 10, trading at $110.00 with a 24-hour gain of 0.3%.

According to ChainCatcher citing Coinglass data, Hyperliquid platform whales hold $8.538 billion as of today, with $3.961 billion in long positions (46.39%) and $4.578 billion in short positions (53.61%), resulting in a long-to-short ratio of 0.87. A major whale address 0x5b5d..60 is currently holding a 5x leveraged short on ETH at an entry price of $2,322.63, with an unrealized loss of $19.3045 million.

According to ChainCatcher, Ethereum is trading at $2,494.94. Binance perpetuals currently show the thickest order book imbalance, with sell orders at $68.79 million compared to buy orders at $56.66 million, a difference of $12.13 million, according to order book analytics platform Liquid247.xyz.

DFI plummeted 42.48% in the past 30 minutes, dropping to $0.000563, marking one of its most volatile moves in recent weeks. The cryptocurrency fell from a previous price of $0.0009792, with a 24-hour decline of 4.24%. The asset currently has a market cap of $519,415 and recorded $65.29 in 24-hour trading volume.

According to Longjih, as of October 10, China's gasoline and diesel prices are expected to decline 250 yuan/ton by October 15 at 24:00 (pricing window). The change rate stands at -4.54%, with benchmark crude averaging $97.12/barrel. Regional markets show mixed sentiment; downstream buyers remain cautious amid limited international crude support, with trading activity expected to remain subdued across East China, South China, North China, and Central China regions.

According to Lookonchain monitoring data, three wallets believed to belong to the same whale deposited 2,903 ETH to Coinbase after remaining dormant for over 9 years on October 10. The wallets originally received the ETH at $9.9 per token 9 years ago; the current deposit is valued at approximately $7.22 million, representing a gain of $7.19 million and a 250x return on investment.