Gate Crypto Flash News and Market Updates

On Sunday, Iran's President Pezeshkian urged parliament to approve Mehrdad Akhlaghi Ketabchi as defense minister. Pezeshkian stated that Iran's defensive power depends not only on missiles but also on public support and national unity.

According to ChainCatcher, on October 16, VerityAI secured investment from AURUMX Capital, which holds Hong Kong SFC licenses (4/9) and MSB qualification. The AI trust reputation network is developing on-chain verifiable reputation assets to evaluate contributor credibility in digital markets. VerityAI's core product Signal Explorer now supports Morph Mainnet and BNB Chain, with over 20,000 on-chain signals generated as of October 16.

According to CoinDesk, approximately $52 million in leveraged positions tied to semiconductor stocks and semiconductor fund futures were liquidated in just 10 minutes on Saturday, Oct 18, between UTC 21:22 and 21:32. Per CoinGlass data, the liquidations included roughly $38 million from long positions. SOXL (3x leveraged chip stock ETF) futures saw the largest loss at $12.7 million, followed by SanDisk and SK Hynix futures at approximately $10.8 million each. The sell-off initiated on Binance an

According to Bloomberg, the U.S. Department of Justice is reviewing whether Binance complied with its 2023 settlement agreement while investigating potential violations of U.S. sanctions on Iran, as confirmed by DOJ Criminal Division head Tysen Duva on October 9. The Manhattan federal prosecutor's office sought to seize $61 million from Binance, alleging the funds originated from Iranian oil market sales laundered through the platform. Under the 2023 settlement, Binance admitted to violating ban

According to on-chain analyst Ai, trader solanadoomer has become a top four long position holder in ZEC (Zcash) on October 18, holding 10,000 ZEC with 10x leverage worth $11.36 million at an entry price of $1,146.86, currently down $85,000. Solanadoomer also maintains a 25x leveraged long position in Ethereum with 2,000 ETH worth $4.82 million, entered at $2,376.18, currently up $68,000. ZEC has declined over 24% in the past month.

According to Mempool Space, Bitcoin's 7-day moving average hash rate reached 1.0316 billion TH/s as of October 17, marking the highest level since May 29—a 5-month peak. The metric increased by approximately 44.08 million TH/s compared to seven days prior, indicating heightened mining demand. Meanwhile, miners accumulated 1.1926 million Bitcoin (approximately $131.99 trillion KRW) as of the same date, up 379 BTC from a week earlier, suggesting miners are holding their mined coins rather than sel

According to BlockBeats, on October 18, Bitcoin was trading at $81,758.98, up 0.22% in 24 hours, while Ethereum was at $2,416.25, down 0.69%, according to HTX data. According to CoinGlass, BTC's funding rates were at 0.0055% (open interest weighted) and 0.0053% (volume weighted), while ETH's rates were both at 0.0057%, all within neutral territory. Several trading platforms showed bearish sentiment, with ETH's derivatives market slightly stronger than BTC.

According to AIsa's official statement released Friday, Tether and HIVEN have joined as strategic investors in the company's seed extension round, bringing AIsa's total funding to over $9 million. The new investors join existing backers including Alibaba, Tribe Capital, Sumitomo Corporation, Draper Associates and Saison Capital. AIsa builds infrastructure enabling enterprise AI agents to discover, access and pay for resources globally through a governed network combining resource discovery, usag

According to Russia's Saint Petersburg regional governor, Ukrainian drones attacked Saint Petersburg, resulting in 1 death and 5 injuries.

According to Citi analysts on October 18, artificial intelligence-driven earnings growth is weakening the traditional relationship between U.S. Treasury yields and stock valuations. The bank's valuation model shows S&P 500's fair price-to-earnings ratio range at 17.1 to 22.1 times, while the index currently trades at 22.4 times, reflecting optimistic market sentiment. Citi noted that since late August, cyclical stocks have been pressured by rising rates, but growth stocks have held up due to AI

According to Barron's, U.S. Treasury yields fell sharply this week, dropping from 5.33% on Wednesday to 5.055% on Thursday, as technology stocks and AI-related chip shares faced significant selling pressure. The Philadelphia Semiconductor Index has declined for eight consecutive trading days, marking its longest losing streak since 2008. The Magnificent Seven tech index dropped 2.1% over the past two days, while the Nasdaq Composite fell 2.4% this week. Major tech earnings reports begin next wee

According to Odaily, GasFree announced on October 16 that it has reached 500,871 users with over 500,000 cumulative token transfers supported. The platform allows users to pay transaction fees directly with USDT instead of holding TRX as gas. The experience has been extended to USDD, and Binance Web3 Wallet now supports TRC-20 token transfers powered by GasFree.

According to AP News and other foreign media, President Trump signed an executive order on October 17 suspending the implementation of Russia sanctions that Congress had passed. Secretary of State Marco Rubio announced a 60-day review period to assess the economic impact of the sanctions and tariffs on the U.S. and global economy before final policy decisions are made. The move drew criticism from within the Republican Party, with Senator Ted Cruz calling it a mistake, arguing that fuel prices c

According to ECB President Christine Lagarde, in recent remarks, war is creating upward pressure on inflation, while economic growth faces downside risks. She emphasized that fiscal sustainability remains a critical pillar of overall economic stability, calling on governments to ensure fiscal measures responding to energy shocks are temporary, targeted, and tailored. To address the combined threats of rising inflation and slowing growth, Lagarde stated policymakers should adopt measured policy s

According to the People's Bank of China website, during the IMF/World Bank Annual Meetings (October 14-16), PBoC Governor Pan Gongsheng met with central bank leaders from Thailand, Indonesia, Malaysia, India, Australia, Turkey, Egypt, Nigeria, and Georgia to exchange views on global economic conditions and deepen bilateral financial cooperation. PBoC Deputy Governor Xuan Changkang attended the meetings.

According to BlockBeats, on October 18, Mark Newton, an analyst at Tom Lee's fund, recommended buying technology stocks on market dips while maintaining diversified exposure. The S&P 500 has declined approximately 6% recently, with the technology sector experiencing notable weakness over the past week. Newton cautioned investors to prepare for sector rotation and avoid overconcentration in tech despite the near-term pullback.

According to Yonhapinfomax, the Korean won fell to 1,328.90 against the U.S. dollar this week, reaching its lowest level in two years as foreign investors dumped stocks following a market downturn and tech sector selloff. The currency decline was partially offset by strong export hedging flows from semiconductor companies. Market focus will shift to the Bank of Korea's monetary policy decision scheduled for October 22, with all 15 surveyed financial institutions expecting the central bank to hol

According to the Financial Times, as of October 18, Russian shadow tankers in the Black Sea are employing coordinated positioning system deception to hide navigation tracks and protect vessels from attacks. At least 12 sanctioned oil tankers appear to use identical equipment, transmitting false and unchanging position data even when vessels operate hundreds of miles away, according to Ollie Ballinger, a shadow fleet tracking expert at University College London. Ballinger's recent tracking identi

According to ChainCatcher, citing data platform Liquid247.xyz, Hyperliquid address 0xecb63c...2b00 currently holds 10,046.13 ETH short positions with a notional value of $24,232,300. At the time of reporting, ETH was trading at $2,412.10.

According to Coinglass data cited by PANews, over the past seven days ending October 18, centralized exchanges recorded net inflows of 8,237.43 BTC. Binance led with 6,463.61 BTC inflows, while OKX received 2,089.15 BTC. Coinbase Pro saw outflows of 1,399.39 BTC during the same period.