Gate Crypto Flash News and Market Updates

Ran Neuner, a prominent crypto commentator at Crypto Banter, announced via Twitter that he is taking profits on his altcoin portfolio over the past 24 hours. The tweet has garnered significant engagement from the crypto community, receiving 149 likes and 9 retweets. The move reflects a broader sentiment shift among traders who are reassessing their positions amid current market conditions.

According to NEAR Protocol's official announcement, SVRN AI CEO Sal Ternullo proposed reducing token issuance for NEAR Protocol from 2.5% to 1.6% over 24 months. The proposal is now live.

GTC climbed 12.78% in the last hour, reaching $0.20397 on heightened trading activity. The altcoin gained 21.12% over the past 24 hours, with daily trading volume reaching $9.1 million. Traders are watching key resistance at $0.21.

According to Bernstein analyst Mark Newman, iPhone 18 Pro and Pro Max are encountering weak early demand in the U.S. market in August, declining by low single digits year-over-year compared to the prior year. In contrast, the new Pro lineup saw sales surge 12% year-over-year in China, while India posted 19% growth in the first three days following launch. Global iPhone sales rose 7% year-over-year in August, though the growth rate slowed from 14% in July. Meanwhile, iPhone Duo is facing producti

According to Kyiv Mayor Vitali Klitschko, Russian forces struck Ukraine's capital Kyiv on October 8, killing 4 people and injuring 19, including 2 in critical condition. Thirteen wounded have been hospitalized across Kyiv medical facilities and are receiving intensive care. Ukraine's energy ministry reported that the attack damaged power infrastructure, causing widespread blackouts and power outages across multiple city districts, affecting large numbers of users.

According to Kyiv Mayor Klitschko, Russian forces struck Ukraine's capital on October 8, killing 4 people and injuring 19, including 2 in critical condition. Thirteen of the wounded were hospitalized. The Ukrainian Energy Ministry also reported that Russian attacks damaged Kyiv's power grid infrastructure, causing widespread blackouts across multiple districts and affecting power supply to numerous users in several areas.

According to the U.S. National Hurricane Center, Hurricane Isaias is expected to strengthen further. Residents in alert zones should complete preparations for storm surge and destructive winds today.

According to Ukrainian President Zelensky, a Ukrainian delegation will visit the United States on Friday to meet with U.S. Middle East Special Envoy Wittelkoff and Kushner. European negotiators are expected to join the talks.

According to Ortex, MiniMed Group Inc.'s short interest reached 99% of its float yesterday (Oct 7), surging from 47.6% on Sept 15. The spike was driven by Medtronic, MiniMed's parent company, offering a tax-free exchange of 225.3 million shares of MiniMed common stock for Medtronic shares, with the offer expiring at midnight Friday. Arbitrageurs executed a textbook trade: buying Medtronic stock to tender into the offer while shorting MiniMed shares, expecting to repay loans and close positions a

President Trump signed an executive order today to support quantum computing development, with a goal to deliver a quantum computer for scientific discovery by 2028. The administration is also removing barriers to deploying next-generation nuclear energy, having launched four advanced small modular reactors this year.

According to Ukrainian local authorities, Russian forces launched a drone strike on Kramatorsk in eastern Ukraine this evening, killing two people.

According to Decrypt's ETF tracker, Bitcoin ETFs suffered a net outflow of $484.9 million on October 7, marking their worst single-day loss since June 25. BlackRock's IBIT led the decline with $207.7 million in outflows, followed by Fidelity's FBTC at $105.1 million. The funds remain at $57.8 billion in cumulative net inflows for the year. The selloff coincided with broader market headwinds: the 30-year Treasury yield reached approximately 5.7%, its highest level since 2002, while crude oil trad

According to 1kxnetwork at Token2049 Singapore, Lasse Claus stated that fundamentals will outperform price speculation in 2026. The firm reported that over 85% of large-cap tokens underperformed Bitcoin throughout 2025. The upcoming revenue dashboard will analyze 60 factors across 1,149 tokens to assess the correlation between protocol fees and token performance.

On Thursday, major U.S. stock indices retreated as Treasury yields climbed and oil prices surged. The Dow Jones Industrial Average fell 0.47% to 50,940, the S&P 500 declined 0.39% to 7,771, and the Nasdaq Composite lost 0.55% to 27,387. The benchmark 10-year Treasury yield rose to approximately 5.3%, remaining near its highest level since 2002. Brent crude simultaneously jumped more than 4% above $104 per barrel. The combination of higher borrowing costs and inflation concerns from rising energy

According to Fed official Musolyem, rates should be raised in the next 6-9 months.

According to Forbes's real-time page on October 8, Elon Musk's net worth reached $1.028 trillion, down $23.2 billion or 2.21% since the prior trading day, ranking him as the world's richest person. However, the vast majority of his fortune is tied up in SpaceX stock that remains inaccessible for sale. Of the $1.028 trillion wealth estimate, approximately $857.5 billion stems from 5.116 billion SpaceX share-equivalents valued at Wednesday's close of $167.60 per share, representing about 84% of hi

According to the Blockchain Association, Senator Cynthia Lummis will speak at the BAPolicySummit on December 9. Lummis, a prominent advocate for clear digital asset regulations, has consistently championed bipartisan efforts to establish clearer policy frameworks for blockchain and cryptocurrency.

According to ChainCatcher and Bitcoin News, on September 25, the U.S. Circuit Court of Appeals for the District of Columbia upheld the conviction of Bitcoin Fog founder Roman Sterlingov. Federal prosecutors cited the ruling to support prosecuting Tornado Cash defendant Roman Storm in New York, arguing that law enforcement's deposit of approximately $250 worth of bitcoin from Washington, D.C. established jurisdiction, and that the same logic applies as a user accessed Tornado Cash from a Manhatta

According to @WuBlockchain, Ethereum fell below $2,500 on October 8 at 15:18 UTC, with $759 million in global liquidations recorded over the past 24 hours. ETH traded at $2,467.88, while long positions accounted for $692 million of the total liquidations. Bitcoin also declined to $81,333.5 during the same period, and Solana dropped 6.46% to $108.9.

According to Cboe LiveVol and SpotGamma data, options traders on the iShares 20+ Year Treasury ETF (TLT-US) significantly increased bullish bets this week as long-dated U.S. bond yields approached potential peaks. TLT option volume spiked 50% above the 30-day average on Wednesday, with traders purchasing approximately 370,000 call contracts compared to fewer than 100,000 put purchases. The most actively traded contracts, expiring October 30 with a $82 strike price, traded at roughly $0.10 per co