Gate Crypto Flash News and Market Updates

According to China's Defense Ministry spokesman Col. Zhang Xiaolu, China's defense minister did not attend the 13th East Asia Summit Defense Ministers Enlargement Meeting due to obstacles set by the Philippines as the rotating chair. The Philippines, as host, allowed individual politicians to

On October 28, Google released flagship AI model Gemini 4 Carbon, which scored 59 points on Artificial Analysis' latest comprehensive benchmark, outperforming Claude Opus 5.5 (58 points) and GPT-6 Astra (57 points) to reclaim the top ranking. The model improves upon Gemini 4 Argon by reducing

Azerbaijan's Central Bank forecasted oil prices at $92.8 per barrel for 2026 and $82.8 per barrel for 2027.

According to China's Foreign Ministry spokesperson Guo Jiakun on October 29, Pakistan's Defense Minister Asif announced on October 28 that Pakistan has closed its airspace to airlines from Taiwan, making it the first country globally to take such a measure to uphold the one-China policy. The

On October 29, North Korea launched more than 10 short-range ballistic missiles into the sea, according to South Korean reports cited by China's Foreign Ministry spokesperson Guo Jiakun during a regular press conference. When asked about the incident, Guo stated that differing views exist

AION plummeted 17.72% to $0.000065 in just five minutes today, catching traders off guard amid mixed cryptocurrency market signals. The sharp decline, which also saw the token fall 14.45% over 24 hours from a high of $0.00007895, occurred with a 24-hour trading volume of $32,885, while AION's market cap contracted to $36,897. No confirmed catalyst has been reported for the sudden drop.

According to Foresight News, on-chain lending platform Ibis launched today with a $250 million credit facility from FalconX. The platform aims to connect frontier enterprises and institutions with private credit and global capital markets. Ibis raised its Pre-Seed funding round led by FalconX, with

According to a statement by China's Foreign Ministry spokesperson Guo Jiakun on October 29, the ministry has noted reports about a Japanese TV drama that sparked public backlash over its depiction of Chinese characters. Guo stated that the incident further exposes a faction within Japan that seeks t

According to China's Ministry of Commerce spokesman Huang Ling on October 29, the ministry warned that if the European Union extends discriminatory trade restrictions currently applied to hybrid vehicles to additional sectors such as chemicals, China will take all necessary countermeasures. The mini

According to China's Foreign Ministry spokesman Guo Jiakun, on October 29, the UN General Assembly passed a resolution on October 28 calling for an end to the U.S. economic, commercial, and financial embargo on Cuba. Guo stated that the U.S. embargo has caused deep suffering to the Cuban people

Xincheng Development's 2028-maturing USD bond fell to its lowest level since November 27, 2025. The company's 11.88% coupon bond dropped 3.2 cents per USD to 93.7 cents, marking the steepest decline in nearly 11

According to PANews citing Cailian Press, China's A-share market opened lower today (Oct 29), with the ChiNext Index falling over 4%. The Shanghai Composite Index declined 0.82%, while the Shenzhen Component Index dropped 2.92% and the ChiNext Index fell 4.45%. More than 4,700 stocks declined, with

According to the Ministry of Commerce on October 29, China announced its 2027 commodity export quotas, including 5.2 million kg of licorice products, 1.604 million kg of ephedra grass, 160,540 live pigs (to Hong Kong and Macau), 22,000 live cattle (to Hong Kong and Macau), 3 million live chickens (t

According to the Ministry of Commerce, digital product sales driven by trade-in programs grew 44.8% year-over-year as of October 28, 2026. The trade-in initiative has cumulatively driven sales of related goods exceeding 2 trillion yuan ($278 billion) since the beginning of the year.

U.S. Bitcoin ETFs attracted $137 million in net inflows on October 28, with BlackRock's IBIT contributing $136 million of the total, according to market data. In contrast, spot Ethereum ETFs saw outflows of $21.4 million during the same period, underscoring diverging investor sentiment between the t

According to Jin10 Futures, on October 29, Shanghai Futures Exchange released energy and chemical futures warehouse receipts data. Pulp futures warehouse receipts increased to 421,249 tons, up 28 tons from the previous trading day. Most other energy and chemical futures contracts, including crude

On October 29, South Korea's chief economic secretary Moon Shin-hak announced the government will expand the National Growth Fund to 200 trillion won to support three mega-projects centered on semiconductors, artificial intelligence data centers, and physical AI. The expanded fund aims to support co

Glencore reported third-quarter gold production of 94,000 ounces and silver production of 3.992 million ounces.

According to IDC's latest report released on October 29, Alibaba Cloud held 46.6% of China's large language model MaaS market in the first half of 2026, ranking first. Zhipu and ByteDance's Volcano Engine followed with 10.6% and 10.2% shares, respectively.

According to Jin10, Shanghai gold afternoon fixing on October 29 (Thursday) stands at 865.31 yuan per gram, compared to the international gold price of 863.74 yuan per gram, representing a premium of 1.57 yuan per gram.