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
21:33
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Tempo Launches Zones Privacy System in Production, Deel Becomes First Customer on October 14

According to ChainCatcher, on October 14, stablecoin payment blockchain Tempo launched its Zones privacy system in production, with payroll platform Deel as the first customer. Contractor balances and payment history are no longer publicly visible. Under the Zones system, funds deposited by Deel's finance team remain visible on the public network, but contractor identities, payment amounts, and asset holdings are private. Contractors can view their own balances, while Deel retains access for rec
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21:31
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Goldman Sachs Warns AI Bond Financing Pause Ending, $150B Investment Wave Looms

According to Goldman Sachs, a $150 billion AI chip financing wave is set to hit credit markets within two months, ending a rare financing pause that has kept corporate credit spreads artificially stable since September 2025. Credit analyst Jeffrey Papai noted that the current calm in investment-grade markets masks underlying risks, with the absence of large AI debt issuances providing temporary relief. Once supply returns, AI-related companies including Broadcom, SpaceX, and OpenAI will resume m
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21:30
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SEC Approves Cboe Binary Options on Coinbase Trading Volume, Marathon Bitcoin Production, Robinhood Metrics

According to a Fox Business crypto reporter on X, the SEC has approved Cboe to list binary options tied to key performance indicators of listed companies including Coinbase, Robinhood, and Marathon Digital. Traders can establish "yes" or "no" positions on metrics such as Coinbase trading volume, Marathon's Bitcoin production, and Robinhood's customer count and revenue. Robinhood is expected to become the first retail brokerage offering such products.
BTC-1.78%
21:30
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Federal Reserve Halts Treasury Bill Purchases for Third Consecutive Month Through November 13

According to the New York Federal Reserve Bank, the Federal Reserve will suspend Treasury bill purchases under its Reserve Management Program (RMP) from October 15 through November 13, marking the third consecutive month of zero purchases. The Fed will continue to reinvest approximately $14.6 billion from maturing mortgage-backed securities into Treasury bills during the same period. The RMP, which began at roughly $40 billion monthly in December 2025, has been gradually scaled back to $25 billi
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21:23
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U.S. 10-Year Treasury Yield Falls 2.30 Basis Points on CPI Release, 2-Year Rate Rises 0.84 Points on Oct 14

On Wednesday (Oct 14), the U.S. 10-year benchmark Treasury yield fell 2.30 basis points to 5.1854% during New York's closing session. Prior to the CPI inflation data release at Beijing time 20:30, the yield traded within a 5.3272%-5.1749% range with modest declines. Following the data release, the yield dipped to 5.18% before rebounding, subsequently declining to its daily low. The 2-year Treasury yield rose 0.84 basis points to 4.7975%. The CPI data triggered a dip to 4.7531%, marking the day's
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21:22
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SpaceX Launches Grok Voice 3.0, Resolves 70% of Starlink Customer Calls Autonomously

On Wednesday (October 14), SpaceX launched Grok Voice 3.0, a voice-to-voice AI model that the company claims resolves approximately 70% of Starlink customer service calls without human intervention. According to Artificial Analysis testing, the model scored 86.9 on the voice-to-voice composite index, ranking first, though it did not lead across all benchmark categories. SpaceX stated that the system processes around 20,000 Starlink customer calls daily, handling identity verification, hardware t
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21:21
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Developer Releases WordCraft, GridCraft, DeckCraft: AI-Powered Microsoft Office Clones With 79–88% Feature Coverage

According to Decrypt, developer Brandon Thomas released WordCraft, GridCraft, and DeckCraft, free open-source clones of Microsoft Word, Excel, and PowerPoint, less than two weeks after launching similar Adobe product clones. Built in Rust with Anthropic's Claude, WordCraft covers 88% of Word's ribbon features, GridCraft handles 513 of Excel's 523 worksheet functions, and DeckCraft covers 79% of PowerPoint's capabilities. The apps open and save Microsoft's native file formats (.docx, .xlsx, .pptx
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21:16
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Federal Reserve Reports Intensifying U.S. Inflation Pressures on Rising Energy Costs

According to the Federal Reserve's October Beige Book released on October 14, inflationary pressures intensified across the U.S. economy, driven by rising oil prices and broader cost increases in raw materials, tariffs, and insurance. Among the Fed's 12 regional districts, 3 reported robust price increases, 8 reported moderate increases, and 1 reported modest increases. Additionally, 4 districts noted that price pressures have accelerated compared to the previous period. Firms cited continued un
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21:13
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Eight States Sue OpenAI Over ChatGPT Safety Concerns on Wednesday

According to CNBC, eight U.S. states filed lawsuits against OpenAI on Wednesday, alleging that ChatGPT is an unsafe product that has harmed children and deceived parents. Iowa, Kansas, Nebraska, West Virginia, Arkansas, Arizona, Idaho, and Montana each filed individual suits in their state courts. Iowa Attorney General Brenna Bird stated the lawsuit aims to protect children and hold OpenAI accountable for "willful, dangerous, reckless, and unlawful conduct." OpenAI spokesperson Drew Pusateri res
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21:10
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Apple Closes at $5 Trillion Market Cap, Becomes Second Company to Hit Milestone After Nvidia

Apple Inc. closed with a market capitalization of $5 trillion today, marking the first time the stock closed above this threshold. The company's share price rose 0.5% to $342.96, becoming the second publicly traded company to reach the $5 trillion market value milestone, following Nvidia. The achievement reflects market optimism around Apple's new product lineup, particularly its foldable iPhone. Apple briefly surpassed $5 trillion intraday in July but pulled back at that time.
21:07
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Crypto Groups Push for Expedited Court Ruling on Illinois 0.2% Digital-Asset Tax, after 6-Month Delay

According to statements from the Crypto Council for Innovation and Blockchain Association, on Tuesday the organizations filed a request with the Circuit Court of Sangamon County to expedite a summary judgment hearing on the merits of Illinois's 0.2% digital-asset tax. Earlier this month, Illinois officials agreed to delay implementation of the tax for six months, postponing its effective date from January 1 to July 1, 2027. The expedited schedule, if approved by the court, could allow a decision
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21:07
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Gold Drops 1.37%, Silver Falls Over 6% on Oct 14 After CPI Release

On Wednesday (Oct 14), spot gold fell 1.37% to $4,103.80 per ounce as prices accelerated downward following the U.S. CPI data release at 20:30 Beijing time. COMEX gold futures declined 1.46% to $4,121.90 per ounce, while spot silver dropped 6.08% to $55.5609 per ounce and COMEX silver futures fell 6.20% to $55.700 per ounce. Other precious metals also retreated, with platinum down 3.75% and palladium down 2.34%.
21:01
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Bank of America Takes $1.2 Billion OCC-FinCEN Penalty; Q3 EPS Falls to $0.91, Stock Slides 5.3% on October 14

On October 14, Bank of America reported a $1.2 billion regulatory charge from the Office of the Comptroller of the Currency (OCC) and the Treasury Department's Financial Crimes Enforcement Network (FinCEN) for anti-money laundering compliance failures. The charge pushed third-quarter earnings per share to $0.91, missing Wall Street expectations of approximately $1.10 to $1.11, and causing the stock to decline 5.3% to $51.12 during regular trading. The OCC and FinCEN found the bank failed to repo
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20:49
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OpenAI Wiretapping Suspect Booked One-Way Flights to Saudi Arabia for Family Before Arrest on Oct 9

According to a U.S. federal court filing unsealed on October 8, Saudi citizen Abdulrahman Alfouzan, who is accused of secretly installing recording devices in OpenAI executive conference rooms, had arranged one-way flights to Saudi Arabia for his wife and another family member from San Francisco before his arrest. The ticket bookings, dated October 12 and routed through Istanbul, were cited by prosecutors as evidence of flight risk. Alfouzan was arrested on October 9 and has remained in custody
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20:41
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LIT Surges 26.63% to $0.147642 in 60 Minutes

LIT surged 26.63% to $0.147642 in the last hour on October 14, with the digital asset climbing from an earlier price of $0.116597. The token also posted a 24-hour gain of 21.34%. The cryptocurrency, which has a market capitalization of $6.67 million, showed strong buying momentum, with intraday trading ranging from a low of $0.115067 to the current high.
LIT-7.61%