Gate Crypto Flash News and Market Updates

According to Israeli media i24, Israeli Prime Minister Netanyahu is seeking to develop a blockchain-based solution to counter potential financial sanctions against Israel, as reported on October 24. Details of the proposed plan and implementation timeline have not yet been disclosed.

According to blockchain security firm PeckShield, on October 23, an address linked to the Cysic bridge exploit transferred approximately $744,000 in crypto assets to Tornado Cash. The wallet moved 300 ETH, valued at around $721,100, and 30.4 BNB, worth approximately $22,600, into the privacy protocol. The transfers complicate recovery efforts following the Cysic Foundation's October 22 offer of a 10% bounty to the attacker in exchange for returning the majority of identified proceeds from the Oc

Bank of America strategist Michael Hartnett said Friday that the bank maintains a tactical risk-off position through mid-November, with expectations that bond yields, stock markets, and the U.S. dollar will all decline together. Uncertainty surrounding artificial intelligence trading and the U.S. midterm elections is pressuring stock performance and driving investors toward defensive assets. Hartnett cited the potential for Democrats to control both the House and Senate, which could end the curr

According to Argentine Foreign Minister Pablo Kicillof, First Quantum Minerals plans to apply for Argentina's RIGI (large investment incentive regime) by the end of 2026 for its Taca Taca copper project, with total investment up to $52.5 billion. The project is expected to begin production in 2030, with average annual copper output of approximately 290,000 tonnes during the first decade of operations, and an anticipated mine life of about 35 years.

According to Guru Club, on October 23, Brazil's Finance Minister said that if Brent crude oil prices remain elevated in 2027 and additional resources become available, the government could maintain subsidies.

According to Nikkei News, on October 23, Japan is considering reclassifying energy and artificial intelligence spending as defense expenditures amid pressure from the United States.

According to Anthropic, AI tools will discover more cybersecurity vulnerabilities. The company noted that most security vulnerabilities are currently discovered and fixed by large technology companies.

According to Guru Club, France's parliament is advancing legislation to impose a 31.4% capital gains tax on transactions exchanging crypto assets for stablecoins, as of October 20.

According to BlockBeats, Extended announced on October 24 that its native token XTEN will be issued in November 2026, with the token economics model to be unveiled on October 31. The token has an initial supply of 1 billion, of which 300 million (30%) will be distributed free of charge to eligible Extended Points program participants through self-custodial Arc wallets. Extended has prepared the XTEN whitepaper in compliance with the European Union's Markets in Crypto-assets Regulation (MiCA) and

According to Reuters, 19 of 34 surveyed economists expect the Bank of Canada to raise interest rates to 2.5% on October 28.

France's 10-year government bond risk premium retreated 7 basis points today, marking its largest single-day decline since October 6.

According to CoinMarketCap, top 100 cryptocurrencies by market cap saw mixed performance today (Oct 23). Leading gainers included Pepe (PEPE) up 9.86%, Dash (DASH) up 7.87%, Cosmos (ATOM) up 5.47%, Bitcoin Cash (BCH) up 4.47%, and Pudgy Penguins (PENGU) up 4.39%. Top losers were Lighter (LIT) down 7.41% to $3.32, Aerodrome Finance (AERO) down 6.75%, Stacks (STX) down 5.84%, Quant (QNT) down 4.55%, and Starknet (STRK) down 4.32%.

According to Coinglass data cited by BlockBeats, $325 million in positions were liquidated across crypto markets over the past 24 hours on October 24, with long positions accounting for $249 million and short positions $76.38 million.

According to Bitget, Nasdaq 100 constituents showed mixed intraday performance on October 23, with cybersecurity, cloud software and energy stocks leading gains. Telecom, logistics and consumer services stocks declined.

On October 22 (Thursday), the U.S. stock market showed sharp divergence as the S&P 500 index fell more than 1%, marking its worst performance since July, yet over 300 of its components advanced on the day. The Philadelphia Semiconductor Index fell 6.72%, retreating over 26% from June highs and officially entering bear market territory. This split reflects intensifying rotation between AI-related stocks and other sectors, with the two groups moving in opposite directions—a phenomenon last seen in

European natural gas futures climbed this week, with ICE UK Natural Gas Futures up 6.10% to close at 229.600 pence per thermal unit on Friday (October 23), while the TTF Dutch natural gas benchmark rose 5.64% to 93.306 EUR per megawatt-hour. Earlier in the week on October 20, both contracts had dipped to 205.690 pence and 83.501 EUR respectively, before resuming gains. ICE EU carbon emission allowances (futures) also gained 1.08%, closing at 86.33 EUR per tonne.

According to CCTV, Russia confirmed on October 23 that a ceasefire agreement was reached in the Oleshky region of Kherson Oblast under U.S. mediation. The ceasefire will take effect on October 29. U.S. First Lady Melania Trump facilitated the agreement, according to the White House. Russian and Ukrainian forces are currently coordinating implementation details.

According to the U.S. Department of Energy, the agency designated helium as a critical material for semiconductor manufacturing on October 23. Energy Secretary Chris Wright stated in a statement that helium is essential for producing semiconductors and advanced technologies that support the U.S. economy, and designating it as a critical material represents another step in securing the supply chain.

According to Yonhap Infomax, U.S. Treasury yields rose on Oct. 23 morning EDT, with 10-year yields reaching 4.965%, up 1.30bp from the previous trading day's close. Two-year yields climbed 2.70bp to 4.665%, while 30-year yields increased 0.60bp to 5.293%. The yield spread between 10-year and 2-year Treasuries narrowed to 30.0bp from 31.4bp the previous day. Bond prices, which had surged sharply on Oct. 22 amid a risk-off sentiment, moved sideways as U.S. equity futures showed modest declines.

According to CNBC, TikTok U.S. is looking to secure approximately four gigawatts of computing capacity by the early 2030s, citing sources familiar with the company's discussions. The company, officially operating as TikTok USDS Joint Venture, currently runs primarily on Oracle Cloud Infrastructure and said Oracle will remain its primary cloud provider. The capacity expansion reflects growing AI workload demands as TikTok develops machine learning products for its U.S. platform.