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
21:01
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Brent Crude Hits $109.86, Highest Since May, as Iran Keeps Hormuz Reopening Proposal Open

According to Reuters, Brent crude settled Friday, October 16, at $109.86 per barrel, its highest settlement since May 19, after gaining $3.94 or 3.7% for the day. US West Texas Intermediate crude rose $3.44 or 3.5% to $101.41. On October 18, Iran's Foreign Minister Abbas Araghchi told Iranian media that Tehran's proposal to reopen the Strait of Hormuz within seven days remains available to Washington, contingent on ending the US blockade of Iranian ports, lifting sanctions on Iranian oil exports
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21:00
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Iran's Foreign Minister Responds to Netanyahu Threats on October 19

According to Iran's state news agency MEHR, Iran's foreign minister responded to Israeli Prime Minister Netanyahu's threatening remarks on October 19, stating that when Israel previously attempted to "finish the task," Iran instead became stronger. "Do you want to try your luck again? Go ahead, but be careful—we also have unfinished matters to settle," the minister said, adding that Netanyahu is pushing the U.S. toward another conflict to escape legal consequences.
20:54
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Grok AI Predicts XRP to $4.25 by End of 2026 as Network Activity Surges 84%

According to Grok AI, Ripple's XRP token could rise to $4.25 by the end of 2026 in a full bull market scenario. Meanwhile, activity on the XRP Ledger has accelerated, with active addresses surging 84% to 43,543 in August and September, while daily payments exceeded 2.6 million, according to Perplexity AI. Bank of Montreal and National Bank of Canada disclosed XRP ETF exposure in recent 13F filings, bringing XRP into portfolios managing hundreds of billions of dollars. Additionally, Evernorth lau
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XRP-3.00%
20:54
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Tanker Hits Mine in Strait of Hormuz, Catches Fire; Iran's IRGC Navy Issues Warning

According to Iran's Islamic Revolutionary Guard Corps Navy, a tanker hit a mine in the southern Strait of Hormuz on October 19, causing an engine compartment explosion and fire. The vessel had disabled its navigation and identification systems and violated maritime regulations by attempting to transit through an unauthorized route. Iran's military warned that any ship operating in the Strait of Hormuz or Persian Gulf with navigation systems disabled will face strict and decisive action.
20:46
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Trump Says He Doesn't Want to Push Russia Away From Peace Talks on Oct 19

According to Trump on October 19, the U.S. president stated he is conducting peace negotiations to end the Russia-Ukraine war and does not want to take any action that would push Russia away from the negotiating table. Trump said negotiations are making major progress, including ongoing hostage talks. He also criticized Ukrainian President Zelensky, saying Zelensky does not want to end the war and that the Ukrainian leader could have reached a better deal two years ago. Trump added that Zelensky
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20:37
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DTCC Opens Tokenization Service This Month for $30 Trillion in Assets, Lists Stellar as 2027 Partner

According to ChainCatcher, the Depository Trust and Clearing Corporation (DTCC) will open its tokenization service for commercial access this month, covering approximately $30 trillion in assets held under DTC custody—about one-quarter of its total assets under custody. The service will initially run on Canton and Besu, two closed platforms, and includes 25 liquid instruments in the first batch, comprising U.S. Treasuries, major ETFs, and Russell 1000 large-cap stocks. Participants can convert t
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XLM-3.53%
20:34
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Russia Strikes Kyiv with Multiple Ballistic Missiles on October 18

According to Jin10, on October 18 around 11 p.m. local time, multiple explosions were heard across different areas of Kyiv, with a missile striking the city's eastern suburb. Ukraine's Air Force issued multiple missile attack alerts between 10:57 p.m. and 11:03 p.m., warning that Russian forces had launched several ballistic missiles toward Kyiv.
20:31
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Cross River Bank Integrates Ripple's RLUSD into Payment System on October 15

According to Bitcoinist, Cross River Bank announced on October 15 that it is integrating Ripple USD (RLUSD) into its Core Operating System with support for the XRP Ledger. The integration aims to provide fintech customers with on-chain settlement as an alternative payment route alongside traditional methods such as ACH and wire transfers. On the XRP Ledger, transactions settle in approximately three to five seconds at costs measured in fractions of a cent. The bank expects customers to access mu
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XRP-3.00%
20:13
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Goldman Sachs Warns AI Stocks May Face 15% Additional Downside as Credit Markets Signal Stress

According to Goldman Sachs research released this week, strategist Louis Miller warned that AI hyperscaler stocks may face an additional 15% downside as credit markets signal mounting stress that equity prices have not fully reflected. The bank's AI hyperscaler credit spread index (GSUCHS30) reached year-to-date highs last week, while Goldman's AI-related stock basket has declined approximately 25% from June peaks. Miller noted that markets face a binary choice: "either the credit market is over
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20:11
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TORN Drops 11.4% to $6.22 in 30 Minutes

TORN's price fell 11.4% to $6.22 within 30 minutes on October 18, reflecting heightened selling pressure. The token declined from a previous level of $7.02, with the 24-hour change standing at -8.03%. Current market cap is $29.8 million and 24-hour trading volume reached $1.4 million.
19:56
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Austrian Airlines Flight Diverts to Bulgaria on Sunday Night Over Suspected Bomb Threat

According to KAN News, an Austrian Airlines flight that departed from Ben Gurion Airport on Sunday night bound for Vienna diverted to Sofia, Bulgaria, after receiving a suspected bomb threat. The Vienna airport received a phone call reporting suspicious items on the aircraft, prompting authorities to redirect the flight for scanning checks. The Israeli Air Force stated the incident occurred outside Israeli airspace and did not require military involvement.
19:50
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Iran Warns Macron of Double Standards in Handling Protests on October 19

According to Iranian Foreign Ministry spokesman Baghaei on October 19, Iran criticized French President Macron for applying double standards while addressing domestic unrest. Baghaei noted that Macron supported Iranian citizens' right to "peaceful assembly without fear of punishment" in January, yet demanded strict punishment for those attacking French state institutions. He further accused Macron of previously stating France and the U.S. could achieve much on Iran policy, but ultimately sided w
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19:32
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Tether Capital Leads Investment Round in AIsa, Funding Exceeds $9 Million

According to AIsa's announcement on October 15, Tether Capital and HIVEN invested in the San Francisco-based AI infrastructure company as part of a seed extension round that brought cumulative funding above $9 million. The round follows AIsa's July disclosure of $6.5 million in cumulative funding, indicating an increase of at least $2.5 million. Tether and HIVEN joined existing backers Alibaba, Tribe Capital, Sumitomo Corporation, Draper Associates and Saison Capital. AIsa develops infrastructur
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19:31
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Sui's Hashi Bitcoin Lending Project Prepares October Mainnet Rollout With $500M in Partner Commitments

According to the Sui Foundation's announcement on October 8, Hashi, a Bitcoin lending infrastructure system, has secured over $500 million in capital commitments from a coalition of more than 20 partners for its phased October mainnet launch. Anchorage Digital is joining as a launch partner, offering institutional access through custody-based and self-custody arrangements. Hashi allows institutions to use Bitcoin as collateral in on-chain financial products by issuing a collateral representation
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SUI-4.52%
BTC-0.82%
19:28
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Fed Rate Hike Odds Fall to 14% Ahead of October 27-28 FOMC Meeting, Polymarket Data Shows

According to the latest Polymarket figures, the Federal Reserve has an 87% probability of holding interest rates steady at its October 27-28 meeting, while odds of a 25-basis-point rate hike have dropped to 14%. The market assigns less than 1% chance to a rate cut or larger increase. The significant trading volume on the contract reflects market participants' interest in the central bank's decision. The shift comes despite persistent inflation concerns. The latest U.S. consumer price index repor
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