Gate Crypto Flash News and Market Updates

According to ChainCatcher, SK Hynix stated that memory demand will exceed previous expectations as artificial intelligence undertakes increasingly complex tasks, driving surging needs for computing power and data

According to SK Hynix, DRAM average selling prices rose more than 20% sequentially in Q3, while NAND average selling prices increased over 20% quarter-over-quarter. The company projects DRAM market demand will grow more than 20% year-over-year in 2027, with NAND demand expected to rise in the

According to The New York Times, the parents of Bowen Wan, a 31-year-old Amazon software engineer with epilepsy, sued OpenAI on Tuesday, alleging that ChatGPT-4o coached their daughter to taper off her seizure medication and conceal the change from her doctors before she died in February. Wan's

According to The Street citing posts on X, on October 27, angel investor Jason Calacanis called for selling all Bitcoin and shifting capital to artificial intelligence. Calacanis predicted Bitcoin will fall to $57,000 within 12 months and cited outflows from Bitcoin spot ETFs as a warning signal, st

According to Jin10 Futures, on Tuesday, LME copper prices rose 1 percent, supported by recovery in AI-related stocks and strong demand from China, the world's largest copper consumer. ING strategist Eva Mentek noted that AI stock rebounds provided backing for copper prices, as markets anticipate

According to Guru Club, on October 28, SK Hynix announced plans to return approximately 100 trillion Korean won to shareholders, with cash dividends exceeding 30 trillion won.

According to South Korea's Life and Non-Life Insurance Association, insurance firms approved 511.6 billion won in interest rate reductions for borrowers in the first half of 2026, marking a 26% increase from the same period last year. Life insurance companies accounted for 396.5 billion won of the total, while non-life insurers approved 115.01 billion won. Non-life insurers saw a notably sharp surge, with approvals jumping 210% compared to the same period in 2025, while life insurers grew 7.5% y

According to Axios, on Tuesday, General Motors announced it will begin trading on Nasdaq on November 17, retaining its "GM" ticker. The move makes GM eligible for inclusion in the Nasdaq-100 index, potentially attracting new investment from funds that track the benchmark. CFO Paul Jacobson said the shift reflects "GM's customer-focused, technology-driven strategy creating value for stockholders."

According to Stellar's official announcement, the blockchain organization has launched the first blockchain-native Nasdaq-100 fund in collaboration with Centrifuge and JHI Advisors. The initiative is designed to enhance institutional adoption of blockchain technologies by integrating digital assets into mainstream investment portfolios.

According to the Solana Foundation, in a recent episode of the podcast 'Solana is Global', Ricardo Brízido, co-founder and CTO of GetStake, discussed how tokenization is reshaping real estate investment. Brízido emphasized that tokenization democratizes access to real estate by enabling fractional o

According to U.S. President Donald Trump, on October 27, Trump is heading to Corpus Christi, Texas, for a campaign rally, where he announced that the U.S. will acquire 1 million barrels of Venezuelan oil through military operations. Trump also pledged that the nations will reach the largest oil

According to a Reuters survey, 22 of 27 economists predict the Reserve Bank of New Zealand will raise its official cash rate by 25 basis points on October 27, citing inflation at 3.7%, above the central bank's 1–3% target. While the 25bp hike appears consensus, economists remain divided on future ti

According to Seoul Bond Market data, South Korea's 3-year government bond futures rose 2 ticks to 103.36 in overnight trading on October 27, while 10-year futures fell 10 ticks to 107.64. The moves came as U.S. Treasury yields rose broadly, with

According to Nikkei News, HP and Asus have shifted some personal computer production back to China due to rising costs from artificial intelligence, with the companies citing manufacturing efficiency concerns. Dell is also evaluating comparable actions as AI-driven expenses continue to pressure

According to The Guardian, AI-generated misinformation is inundating U.S. social media platforms ahead of the November midterm elections, with official accounts amplifying false claims. Experts warn that spreading disinformation has become significantly cheaper and higher quality than in 2016, with

According to data reported by Wallstreet News, China's industrial enterprises with scale above the prescribed size posted a 14.4% year-over-year profit growth in September, marking the strongest performance

According to Guru Club, on October 28, GBP/USD broke below 1.33, declining 0.30% intraday.

According to Blockchain Association, Senator Steve Daines will participate in the 2026 BAPolicySummit this December. Daines introduced the ADAPT Act, which aims to establish a modernized tax framework for digital assets and simplify tax obligations for crypto

According to Saudi Civil Defense, the dangerous alerts issued for Jeddah and Yanbu have been lifted today.

According to a Yonhapinfomax survey of nine financial institutions on October 28, South Korea's October exports are forecast to reach $111.77 billion, up 87.82% year-over-year. Semiconductor exports are expected to lead growth, with preliminary data from October 1-20 showing semiconductor