Gate Crypto Flash News and Market Updates

Latvia's Prime Minister stated yesterday (October 15) that the country unanimously supports Ukraine's accession to the European Union.

According to Jin10, Shanghai gold spot price on Friday (October 16) settled at 899.52 yuan/gram at midday, trading 1.25 yuan/gram above the international gold price of 898.27 yuan/gram.

According to Jin10, major currency pairs showed their daily performance on October 16.

China's Defense Ministry spokesperson Chen Xi responded on October 16 to recent remarks by Philippine Defense Secretary Teodoro on South China Sea issues. According to the official statement, spokesperson Chen Xi criticized Philippine officials for using anti-China rhetoric to gain political leverage and create artificial "threats" for military expansion. The Defense Ministry emphasized that China remains committed to safeguarding its territorial sovereignty and marine rights, and seeks to maint

According to BlockBeats, Binance announced on October 16 support for Velodrome (VELODROME) token merger into Aerodrome (AERO), with a conversion rate of 1 VELODROME = 0.044 AERO. The exchange will delist VELODROME/USDT spot trading pair and cancel all open orders on November 3 at 03:00 UTC, followed by suspension of VELODROME and AERO deposits and withdrawals at 03:30 UTC. For perpetual contracts, new positions will be prohibited from October 28 at 08:30 UTC, with automatic liquidation at 09:00

According to its official announcement, Binance will halt VELODROME/USDT spot trading at 11:00 UTC+8 on November 3, 2026, and will automatically cancel all open orders. All existing open orders will be removed. Deposits and withdrawals for the old VELODROME token will be suspended at 11:30 UTC+8 on the same day, and Binance will no longer support these services post-merge. Binance will also suspend deposits and withdrawals for the old AERO token at 11:30 UTC+8 on November 3. Trading of existing

European stock indices opened on October 16 with mixed performance. The Stoxx 50 (Europe's benchmark equity index) rose 0.4%, Germany's DAX gained 0.5%, France's CAC 40 added 0.3%, while the UK's FTSE 100 declined 0.4%.

According to a Turkish Central Bank survey, the USD/Turkish lira exchange rate is expected to reach 51.5471 by the end of 2026.

According to Yunyeon Infomatics, Japan's Nikkei 225 index rose 898.34 points (1.39%) to 65,324.29 on October 16, marking its strongest close in seven trading days. The TOPIX index gained 1.67% to 4,066.00. SoftBank Group, Tokyo Electron, and Kioxia led the rally, each rising around 2–3% as AI-related stocks drove the broad market advance. The gains followed remarks by U.S. Federal Reserve Chair Kevin Walsh at the IMF-World Bank Annual Meetings in Bangkok, who signaled a cautious monetary policy

According to BlockBeats, on October 16, Micron (MU), SK Hynix (SKHX), and SanDisk (SNDK) storage chip stocks retreated significantly from their September-October highs, though with uneven losses. Micron showed the most resilience, retreating 17.16% from its October 2 peak of $1,114.90 to $923.62. SanDisk fell 27.76% from its September 22 high of $1,908 to $1,378.40. SK Hynix suffered the steepest decline, dropping 33.35% from its September 10 peak of $1,438.40 to $958.73, trailing Micron by appr

According to Jin10, the International Energy Agency agreed on October 16 to fully release 100 million barrels of crude oil, including 20 million barrels of diesel to be deployed quickly. U.S. EIA crude stocks stood at 67 billion cubic feet for the week ending October 9, below the 76 billion cubic feet forecast. In agricultural markets, Malaysia's palm oil exports for October 1-15 reached 802,481 tons, up 43.2% compared to the prior period. India adjusted fuel export windfall taxes on October 16,

According to Slowing Mist, fraudulent Ledger firmware update phishing campaigns are circulating, exploiting the recent Ledger supply chain incident. The fake phishing pages feature highly realistic interfaces, including simulated "Genuine Check" verification screens, device selection interfaces, and fake update buttons designed to deceive users. Slowing Mist warns users to avoid clicking on website links to update Ledger devices and never enter recovery phrases anywhere online.

According to Coinglass data, on October 16 at 14:53 UTC, 150 million USDT was transferred from an unknown wallet to Binance.

Turkey's BIST-100 index fell 1.4% in early trading on October 16, while the country's main banking sector index declined 1.5% during the same period.

According to Yonhap Infomatics, Fed Chair Kevin Walsh stated on October 16 at the IMF-World Bank annual meeting in Bangkok that the global economy is unfolding as the Federal Reserve anticipated since September. When asked about the interest rate decision at the upcoming November 27-28 Federal Open Market Committee (FOMC) meeting, Walsh said the Fed will not prejudge upcoming meetings and does not commit to signaling policy moves in advance. He assessed that most Group of 20 (G20) members have m

According to Farside Investors, spot Ethereum ETFs recorded $60.3 million in net outflows on October 15, 2026, while Bitcoin funds showed $11.7 million in reported withdrawals and Solana products lost $9.8 million. BlackRock's iShares Ethereum Trust (ETHA) led ETH redemptions with $44.4 million, followed by Grayscale's Ethereum Trust (ETHE) at $18.3 million. The combined reported outflow across all three categories reached $81.8 million, subject to revision pending BlackRock's iShares Bitcoin Tr

According to Yonhap News, on October 16, President Trump pressured Ukraine to stop attacking Russian oil refineries as part of discussions surrounding an oil deal agreement with Russian President Vladimir Putin. Analysts suggest the directive may involve restrictions on Ukraine's use of Starshield, a critical system for drone operations.

According to ChainCatcher, Hong Kong police reported over the past two weeks more than 150 WhatsApp account hijacking fraud cases with total losses exceeding HK$15 million. Recently, a local virtual currency exchange company experienced a case where scammers hijacked an employee's account, blocked the original work group, and created a fake group with identical graphics and members to impersonate customer representatives. The company first transferred cryptocurrency to the attacker's wallet per

According to Jin10, JPMorgan Chase CEO Jamie Dimon shifted his stance on October 16 by publicly calling for a broad free-trade agreement between the U.S. and European Union, contradicting White House policy. The move reflects a broader reassessment by American business leaders who previously backed Trump in 2024, according to commentary by former Canadian Deputy Prime Minister Christina Freeland. Freeland noted that some executives are reconsidering the benefits of globalization amid concerns ov