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
04:31
0

Goldman Sachs Picks 10 Energy Stocks With 27% Average Upside Potential on October 8

According to Goldman Sachs' October 8 research report, the bank selected ten energy and power stocks with an average upside potential of 27%, all rated buy. The covered stocks include ConocoPhillips, Occidental Petroleum, Diamondback Resources, Quantum Services, Duke Energy, Baker Hughes, Golar LNG, HF Sinclair, TC Energy, and Antero Resources. Goldman Sachs identified two key drivers for the sector: data center demand is boosting the power segment, while LNG expansion opportunities support ener
More
04:31
0

Tesla Rises Over 2% as Analyst Ives Maintains $500 Price Target

According to Yahoo Finance, Tesla (TSLA) stock rose over 2% on October 9 as analyst Dan Ives of Yorkville Advisors reiterated an "Outperform" rating and maintained a $500 price target. Ives characterized Tesla as fundamentally an artificial intelligence company, emphasizing autonomous driving, Robotaxi, and Optimus humanoid robots as increasingly critical value drivers. He stated Tesla represents one of the most direct public market plays on embodied AI.
04:29
0

6.0-Magnitude Earthquake Strikes Near Panama on October 10

According to the China Earthquake Networks Center, a 6.0-magnitude earthquake struck near Panama on October 10 at 12:14 local time, with coordinates at 7.53°N, 80.77°W. The center noted that the final magnitude determination is pending formal analysis.
04:26
0

XRP Ledger Fixes Critical Vulnerability Dating Back 11 Years That Could Generate Unlimited XRP

According to BlockBeats, on October 10, XRP Ledger fixed a payment system vulnerability potentially dating to 2015 that allowed attackers to generate and spend large amounts of XRP, circumventing the 100 billion XRP supply cap. Researchers Cayden Liao and Veria AI reported the flaw on September 22. RippleX confirmed the attack vector and verified that generated XRP could be spent in subsequent transactions. RippleX stated no evidence exists of the vulnerability being exploited on any public netw
More
XRP0.62%
04:25
0

Meitu's Picchi AI Product Reaches $1.11M ARR as of October 9

According to Guru Club, Meitu Chairman Wu Xinhong disclosed on October 10 that the company has established 10 AI innovation studios over the past year. AI products Picchi and MVLAND have each achieved product-market fit (PMF), with Picchi's annual recurring revenue (ARR) reaching $1.11 million and MVLAND's ARR reaching $680,000 as of October 9.
04:22
0

Kimi's Annualized Revenue Reaches $1.2B in September, K2.8 Preview Model Surpasses K3

According to Nomura Securities, Kimi's annualized recurring revenue reached $1.2 billion in September, with its K2.8 Preview low-cost model contributing an estimated 40-45%, surpassing flagship K3's 30-35%. Bloomberg previously reported that Kimi's annualized recurring revenue exceeded $1 billion in August, with a year-end target of $2 billion. K2.8 Preview, launched on September 11, is priced lower and targets programming and daily agent tasks.
More
04:22
0

U.S. CFTC Excludes Casino Betting Products from Swap Definition in Final Rule

According to Foresight News, the U.S. Commodity Futures Trading Commission (CFTC) released a final rule excluding casino betting products—including sports betting and casino game wagering—from the regulatory definition of 'Swap.' CFTC Chair Michael S. Selig stated that casino betting products do not constitute derivatives under the agency's framework.
04:18
0

Moonshot AI Develops 5-6 Trillion Parameter Model, Kimi K3.1 Planned for Release by Mid-October

According to Nomura Securities report cited by Beating AI, Moonshot AI is developing a large language model with 5-6 trillion parameters, nearly double the scale of Kimi K3 released in July 2026. The upcoming Kimi K3.1 is planned for release by mid-October, with enhanced Agent capabilities for extended task completion. The model will be further optimized through additional training and real-world task data.
04:14
0

Whale Withdraws $50M Bitcoin Buy Wall on October 8, Repositions Lower to $77,888

According to BlockBeats, on October 8, a whale account (0xf517) withdrew its $50 million buy wall at 81,234 USD just as Bitcoin price approached, repositioning the order lower to $77,888 USD—a downward shift of approximately 4.1%. The account's earlier support at 81,000-81,500 USD then collapsed, with BTC subsequently falling to 80,351 USD the following morning. After multiple rounds of position adjustments, the account realized approximately $166,000 in trading gains while net-selling roughly $
More
BTC0.27%
04:13
0

Bond Yield Surge Triggers Financial Crisis Warnings as Macquarie Cites 50-Year Pattern

According to Macquarie strategists Thierry Wizman and Gareth Berry, nearly all major financial crises over the past 50 years have followed sharp bond yield fluctuations, which strain balance sheets of financial institutions and highly leveraged borrowers. The U.S. 10-year Treasury yield recently hit its highest level since 2002, while French, Italian, Indonesian, Japanese, and South Korean government bond yields have each risen at least 100 basis points this year. Macquarie cited past crises inc
More
04:09
0

RBI Launches Special Forex Window to Supply Dollars to State Oil Companies on Oct 10

According to Jin10, India's central bank launched a special foreign exchange window on October 10 to support the rupee's exchange rate. The Reserve Bank of India (RBI) will supply U.S. dollars to three state-owned oil companies through designated banks, with the window beginning on Monday. The move aims to meet the daily dollar requirements of these petroleum firms as part of measures to stabilize the currency.
04:05
0

U.S. Permits Russian Diesel Imports; On-Chain Whale Begins Trading Diesel-Crude Spread

According to BlockBeats, on October 9, the U.S. Treasury's OFAC issued General License No. 135, permitting sales, deliveries, and imports of Russian-origin diesel through April 7, 2027. President Trump announced a phased increase in diesel supply totaling approximately 4.8 million tons. On-chain whale traders on Hyperliquid established a long crude oil and short diesel position, capitalizing on the anticipated spread narrowing. NYMEX near-month ultra-low sulfur diesel crack spreads against WTI n
More
HYPE-1.79%
04:04
0

Coinbase Lists $5.11M Bitcoin Sell Order at $82,871, 0.42% Above Current Price

According to Liquid247.xyz, Coinbase's spot Bitcoin market today has a sell order of approximately 61.63 BTC placed at $82,871, valued at roughly $5.11 million and trading 0.42% above the mid-price of $82,523. The sell-side depth at the exchange near-term totals approximately $23.42 million against buy-side depth of $23.29 million, with sellers outweighing buyers by about $538,000, or 1.16% of total order book depth.
BTC0.27%
04:03
0

U.S. Spot Bitcoin ETFs Record $21.1M Net Inflows on October 9, Ending Two-Day Outflow

According to Phased data, U.S. spot Bitcoin ETFs recorded net inflows of $21.1 million on October 9, ending a two-day outflow streak. BlackRock's IBIT led with $22.4 million in inflows, while other products collectively saw $1.3 million in outflows. The 5-day period from October 5–9 recorded net outflows of $678.9 million, though cumulative inflows since January 2024 reached $5.72 billion.
BTC0.27%