Gate Crypto Flash News and Market Updates

According to PANews, on October 13, Alibaba's Qianwen AI assistant is launching a Personal Agent called 'Qianwen Go!' designed to execute tasks such as vehicle maintenance scheduling, sports appointment booking, and shopping price comparison. The platform, which debuted last year, has already integrated shopping, ride-hailing, express delivery, and financial management capabilities through Alibaba's ecosystem.

According to Goldman Sachs and Yahoo Finance, on October 13, the bank raised its average target price for December Brent crude oil futures to $90 per barrel from $85 per barrel, citing geopolitical tensions in Iran. The bank also set its target for U.S. West Texas Intermediate (WTI) crude at $81 per barrel. Current market prices stand at $107 per barrel for Brent crude and $94 per barrel for WTI.

According to the IMF World Economic Outlook report, the organization upgraded its 2026 economic growth forecast for the United Kingdom to 1.3% from 1%.

According to South Korea's Ministry of Industry and Trade and Customs Service, the won strengthened to 1,331.20 per dollar on October 13, marking a two-year low since October 2, 2024. The rally was driven by record export volumes, particularly from the semiconductor sector. September exports reached $120.9 billion, the highest on record, with semiconductor exports alone accounting for $60.3 billion. During the first 10 days of October, exports totaled $26.1 billion, a 102% increase year-over-yea

According to the IMF World Economic Outlook report, the International Monetary Fund raised its 2026 economic growth forecast for South Korea to 3.3%, up from a previous projection of 2.6%.

According to IMF chief economist, artificial intelligence growth exceeded global trade growth between 2023 and 2025. Without AI, trade growth would have been significantly lower during this period.

According to a Twitter announcement, Solana Foundation Chief Product Officer Vibhu recently teased significant innovations expected within six months. The statement has generated anticipation within the cryptocurrency community as traders watch for further details on the upcoming developments.

KMD surged 25.03% to $0.008246 in 30 minutes, reflecting the token's current market cap of $1,159,837. Trading volume over the past 24 hours was minimal at $0.01, with the coin moving from a low of $0.006595.

According to ChainCatcher, Zhipu AI released GLM-Legal, a specialized legal model trained on GLM-5.3-Flash, achieving a 19.2% task pass rate on Harvey LAB's evaluation covering 24 legal practice areas, nearly triple the baseline 6.7% and outperforming Kimi K3 and Claude Fable 5. The model ranked seventh on Vals AI's benchmark. According to Vals AI's independent testing, GLM-Legal completes a task for $0.15 compared to $10.55 for Gemini 4 Argon with comparable performance, a cost difference of ap

According to SoSoValue, on October 12, the U.S. NEAR spot ETF recorded $3.98 million in net inflows, while SOL and ZEC spot ETFs saw combined net outflows of $2.36 million. Specifically, SOL spot ETF experienced $699,800 in outflows via VanEck Solana ETF (VSOL), which has accumulated $20.46 million in net inflows to date. NEAR spot ETF's single-day inflow of $3.98 million came entirely from Bitwise NEAR ETF (NRR), bringing its historical cumulative net inflows to $75.38 million. ZEC spot ETF saw

According to BlockBeats, on October 13, crypto KOL him sold $286,000 worth of BONER tokens while retaining $247,700 in holdings. GMGN data shows BONER fell over 40% in 24 hours, with market cap at $25.27 million.

According to the IMF's October 2026 World Economic Outlook report, the U.S. inflation forecast for 2026 is maintained at 3.6%, while the 2027 projection was raised to 2.8% from 2.4%, reflecting an upward revision of 40 basis points.

South Korea's Upbit exchange began trading GTC tokens on Korean Won and USDT markets starting October 12 at 7:30 p.m. local time.

According to China National Energy Administration, the regulator held its third energy regulatory work conference on October 12, 2026, focusing on market improvements and winter energy security. The administration emphasized perfecting the national unified power market system and strengthening enforcement to maintain fair competition. It plans to prepare early for peak winter energy supply oversight, enhance supply-demand monitoring, and improve market mechanisms to promote renewable energy cons

According to Gate trading data, the U.S. 10-year Treasury yield fell 5 basis points to 5.1935% today, while the 30-year Treasury yield declined 4 basis points to 5.5546%.

According to Bloomberg, Tencent started marketing dollar and offshore yuan bonds totaling about $5 billion on October 13, with proceeds designated for artificial intelligence investment. The 10-year and 20-year dollar bonds carry preliminary yield guidance of approximately 115 and 140 basis points above comparable U.S. Treasuries, respectively. The offshore yuan notes include 10-year and 30-year tranches priced at 2.9% and 3.5%, respectively.

According to CCTV Military, the Chinese PLA Air Force unveiled a dedicated smart technology section at today's airshow, the first of its kind at an Air Force exhibition booth. The section features humanoid robots, virtual digital humans, AI-powered interview systems, brain-computer interface assessment tools, digital maintenance systems, and autonomous swarm coordination technologies. The new display demonstrates the Air Force's embrace of technological innovation and artificial intelligence app

On Oct 13, Indonesia and Philippines benchmark stock indices declined 1% during intraday trading.

According to Trivariate Research, AI concept stocks experienced severe P/E ratio compression in the third quarter, with valuations declining at a rate 100 times steeper than low-priced stocks. This represents the largest compression among top-10% valued stocks since 1999, occurring in only 5.3% of historical periods. The S&P 500's estimated P/E ratio fell from 22x at the start of 2026 to 19x by last weekend, despite strong corporate earnings growth. Analysts attribute the sharp revaluation prima

South Korea's tax agency chief Im Kwang-hyun acknowledged on October 13 that peer-to-peer wallet transactions in the cryptocurrency market are difficult to track, calling it a global challenge that "time will help solve." Speaking at a parliamentary finance committee audit session, Im stated that several other countries implementing crypto taxation face similar obstacles. With only three months until the January 1, 2027 tax implementation deadline, five major domestic exchanges remain at varying