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
17:14
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Meta Launches Facebook "Your Algorithm" Feature Using AI to Let Users Customize Feed

According to Meta, Facebook launched its "Your Algorithm" feature on October 13, allowing users to directly customize their feed and Reels by marking topics as "interested" or "not interested." The feature previously debuted on Instagram earlier in 2026 and Threads, and Meta says recommendations update in real time as users provide feedback. Meta is also expanding its use of large language models (LLMs) in ranking systems to better understand user intent and natural language preferences. Users c
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17:13
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Hurricane Isaias Causes $1–2 Billion in Insured Property Losses Last Week

According to Verisk, Hurricane Isaias caused insured property losses estimated at $1–2 billion in the U.S. last week, with damage including wind loss and storm surge covered by private insurers. The Category 2 hurricane made landfall near Destin, Florida last week, leaving hundreds of thousands without power and resulting in at least four deaths as of Saturday. The most severe wind damage occurred in Santa Rosa and northeastern Escambia counties.
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17:13
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IRS Finalizes Phased Crypto Tax Reporting Rules: Gross Proceeds Reporting Begins in 2025, Cost Basis Delayed to 2026

According to Internal Revenue Service regulations finalized in July 2024, the IRS established a phased approach to digital asset broker reporting. Gross proceeds reporting for covered digital asset sales began on January 1, 2025, while cost basis reporting applies to covered digital assets acquired on or after January 1, 2026. In August 2023, Senator Elizabeth Warren and three colleagues cited studies estimating that the annual crypto tax gap reaches at least $50 billion. Form 1099-DA, the new d
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17:13
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Iran's Seaborne Crude Exports Drop to Zero Since Mid-September, Remain Halted as of Oct 5: Vortexa

According to energy intelligence platform Vortexa, Iran's seaborne crude oil exports fell to zero in mid-September due to U.S. maritime blockade and remained halted as of October 5, with daily exports averaging 230,000 barrels in early September. Iran's seaborne tanker storage currently stands at 83 million barrels, of which 43 million barrels are stranded west of the Strait of Hormuz due to the U.S. blockade, effectively blocking Iran's crude from leaving the Persian Gulf. Meanwhile, Russia's S
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17:13
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Goldman Sachs: Two of Three AI Capex Downturn Signals Already Emerging, AI Ecosystem at $25-30 Trillion

According to Goldman Sachs senior macro trader Bobby Molavi, two of three warning signals that the AI capital expenditure cycle may be approaching a turning point have already emerged, with the third still pending validation. The signals include divergence between stock prices and actual earnings, and credit market repricing of AI financing risks. Capital expenditure growth deceleration remains to be confirmed. Molavi estimates the AI ecosystem, encompassing major tech companies, cloud providers
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17:04
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Ondo's Tokenized Treasury Bonds Reach $3 Billion, USDY Surpasses BlackRock's BUIDL

According to Ondo Finance, the protocol's tokenized U.S. Treasury bond products reached $3 billion in total assets as of October 13, ranking first among RWA platforms. USDY alone holds $2.328 billion, surpassing BlackRock's BUIDL at $2.204 billion. The portfolio includes USDY ($2.328B), OUSG ($319M), and tokenized Treasury ETFs. Across all platforms, the total tokenized Treasury market stands at approximately $14.91 billion, with Circle's USYC leading at $2.384 billion.
ONDO-4.34%
17:03
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Google Play Store Rolls Out vibe-coded App Launcher on Tuesday

According to The Verge, Google launched a new feature on Tuesday that allows users to launch vibe-coded Android apps directly from the Google Play Store in the US. The company first introduced the ability to create custom vibe-coded Android apps through Google AI Studio in May. Google noted that personal apps remain secure and private, kept separate from the public store catalog. Users can launch their custom apps using a standard Google account, and the company will soon add the ability to shar
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17:02
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Apple Launches HomeView Smart Display Priced at $299, Available for Preorder Today

According to The Verge, Apple today announced the HomeView, its first dedicated smart home display, priced at $299 with preorders beginning today and shipping set to begin on November 13. The device features a 7-inch square Liquid Retina touchscreen, a 12-megapixel camera, and built-in Siri AI, designed to serve as a smart home controller and hub for the household. The HomeView offers both tabletop and wall-mounted configurations, with the Home Widget providing direct access to HomeKit cameras,
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17:02
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Anthropic Completes 5-Month Git Migration to Scion, Daily Code Merges Surge to 30,000+

According to Anthropic's engineering blog, the company has completed a 5-month migration of its monorepo from Git to Scion, its custom-built version control system. Daily code merges increased from approximately 2,500 in May to over 30,000 in September. The infrastructure team of seven reduced CPU and memory usage by roughly 200 times compared to the previous Git-based approach, while code retrieval times for CI and research tasks decreased from minutes to seconds. Anthropic noted that Scion is
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16:58
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Bitcoin Hits $88K, Long-Term Holders Sell in Volume on October 14

According to Glassnode, as Bitcoin rebounded near $88,000 on October 14, investors holding for 1-2 years sold in large quantities. The price level is near the break-even point for those who held for 6-12 months. The selling pressure at this level has since weakened.
BTC1.07%
16:56
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Crypto Exchange Spot Volume Falls 60% YTD, Non-Trading Revenue Shifts to Majority of Income

According to data cited by The Street, crypto exchange spot trading volumes fell roughly 60% from 2025 highs this year, while non-trading revenue now represents 61% of income at Gemini and 60% at Kraken's parent Payward. Coinbase reported non-trading revenue at 48% of total income. Derivatives now account for over 70% of centralized exchange activity. Facing the revenue pressure, major exchanges are shifting toward new revenue streams. Gemini launched event contracts across all 50 states followi
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16:53
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Bitcoin Whale Moves $377.6M on October 12, Coins Avoid Exchanges

According to onchain data reported by FinanceFeeds, on October 12, a bitcoin wallet that received approximately 4,582 BTC before the March 2020 COVID crash transferred the coins worth $377.6 million to five new addresses. Four addresses received exactly 1,000 BTC each, while the fifth received approximately 582 BTC. At the time of writing, none of the recipient addresses had been identified as exchange deposit addresses, meaning the transfer does not yet confirm selling pressure. The distinction
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BTC1.07%
16:53
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Robinhood's Legal Chief to Speak on Tokenized Stocks at October 16 Groundwork Event

According to 1inch, Coy Garrison, legal chief at Robinhood, and Orest Gavryliak from 1inch will speak on tokenized stocks at the Groundwork event in Washington, DC on October 16. The discussion will address the integration of real-world assets into blockchain ecosystems, with tokenized assets seeing significant growth, including BNBCHAIN surpassing $30 billion in tokenized stock volume.
16:52
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Bitcoin Bounces to $83,591, Up 2.24% Today After Week of Losses

Bitcoin bounced to $83,591.79 today, up 2.24% after dipping to $80,953.41 early Tuesday, marking a higher low than the $80,365.12 swing that initiated its latest recovery. The Crypto Fear and Greed Index sits at 55–56, a neutral reading down from an "extreme greed" peak of 82 in August, signaling faded euphoria but no panic among traders. Myriad prediction market data shows 54% odds that Bitcoin falls to $80,000 this month and 45% odds it reaches $87,500.
BTC1.07%
16:52
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IMF Warns AI Stock Correction Could Threaten Global Financial Stability on October 13

According to its October 13 Global Financial Stability Report, the International Monetary Fund (IMF) warned that a sharp correction in artificial intelligence stocks could threaten global financial stability, as stretched valuations and growing financial leverage leave markets vulnerable to disappointing AI investment returns. The IMF identified three potential triggers for broader financial stress: an AI-related market correction, rising government bond yields, and major cyber incidents. Higher
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16:51
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Mezo Halts swBTC and USDe Cross-Chain Transfers on October 13

According to ChainCatcher, Bitcoin financial platform Mezo announced on October 13 that cross-chain transfers for swBTC and USDe will close today, while SolvBTC and xSolvBTC withdrawals will continue through October 29. Deposits for all four tokens have been suspended.
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USDE0.01%