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
14:12
0

U.S. Midterm Elections on November 3 Could Reshape Digital Asset Regulation

According to Gary Deval, a former lawyer, the U.S. midterm elections on November 3 will significantly impact digital asset policy depending on Democrats' success in either chamber of Congress. If Democrats take control of the House while Republicans retain the Senate, Democrats gain subpoena
More
13:51
0

Fed SOFR Falls to 3.94% on October 28 as Fed Holds Rates Steady

According to data from the Federal Reserve Bank of New York, the secured overnight financing rate (SOFR) fell to 3.94% on October 28, down from 3.95% the previous day. The effective federal funds rate held steady at 3.88%, unchanged from the prior trading day.
13:51
0

USD/KRW Trades at 1,338.10 Won on Oct 29 as Fed Holds Rates at 3.75-4.00%

According to Yonhapinfomax, the USD/KRW exchange rate traded at 1,338.10 won on October 29, up 0.40 won from the previous session. The Federal Reserve held its benchmark interest rate at 3.75-4.00% at the October FOMC meeting. Fed Chair Kevin Wash stated he would not characterize financial
More
13:37
0

Bitcoin Holds Above $70K Amid Multiple Macroeconomic Headwinds

According to Trader Killa on ChainCatcher, Bitcoin held above $70,000 today despite multiple macroeconomic pressures including the Federal Reserve's hawkish stance, rising oil prices, elevated CPI data, surging bond yields, a stronger U.S. dollar, a Ledger wallet security breach, and concerns
More
BTC-0.66%