Gate Crypto Flash News and Market Updates

According to Citi research reported by Jin10 on October 13, the UAE economy is expected to contract 0.2% in 2026 due to weakness in non-oil activities offsetting continued oil sector expansion, following 6.2% growth in 2025. Citi forecasts non-oil output will decline 0.8% in 2026, reversing 2025's 6.8% growth, while oil sector growth will slow to 1.7% from 4.3% in 2025.

According to Coinglass, Coinbase's Bitcoin premium index remained negative for 20 consecutive days as of October 13, reaching -0.1398% and hitting a recent low. The negative premium signals weakening purchasing power in the U.S. market.

According to Galaxy Futures, as of October 8, methanol port inventories hit a historical low of 300,000 tons, down 90,000 tons from the previous period. Iran's methanol production remains suppressed at around 13,000 tons per day with a 37% operating rate amid continued Strait of Hormuz disruptions. October imports are projected at around 700,000 tons. Meanwhile, downstream MTO (methanol-to-olefins) profitability has deteriorated sharply, with losses widening to 1,800–2,000 yuan per ton—the highe

According to BlockBeats, Bybit CEO Ben Zhou announced on October 13 during the company's global keynote speech that the platform aims to become a multi-asset trading platform offering users access to global financial markets. The exchange's TradFi segment now provides over 500 products including oil, forex, commodities, Nasdaq indices, and individual stock CFDs. Since launching TradFi perpetual futures in March, Bybit has added over 250 related contracts with cumulative trading volume reaching a

According to Shanghai Gold Exchange, gold and silver futures closed lower on Oct 13 (Tuesday). Gold T+D fell 0.07% to 904.3 yuan per gram, while silver T+D declined 0.82% to 14,700 yuan per kilogram.

According to the Indian Embassy in Saudi Arabia, IndiGo has suspended flights between India and Riyadh, Jeddah, Dammam, and Medina through October 17. The airline cancellations affect multiple routes to Saudi Arabia's major cities during the specified period.

According to DART filings on October 13, NMSI, a U.S. mortgage finance company based in Los Angeles, entered into a stock purchase agreement to acquire 32.77% of BucketStudio for 100.865 billion won. The acquisition involves 45.37 million shares held by Initial 1st Investment Combination and Kang Ji-yeon. Settlement is scheduled for January 14, 2027. BucketStudio is a major shareholder of South Korean cryptocurrency exchange Bithumb, making this transaction significant for Bithumb's ownership st

According to Odaily, an address holds 100,050 HYPE shorts with a notional value of approximately $8.31 million and an unrealized loss of around $5.06 million as of October 13. The position accounts for 0.498% of HYPE perpetual open interest. The account ranked second on Hyperliquid's monthly leaderboard with a monthly PnL loss of $13.85 million.

According to Citi, Gulf region economies are expected to contract 3.1% in 2026, reversing the 4.5% growth recorded in 2025 as regional conflict disrupts oil production and weighs on non-oil activity. The bank forecasts oil sector output will shrink 13.7%, while non-oil growth is expected to decelerate from 5.1% last year to 1.0%. The six Gulf economies will face varying impacts depending on alternative export channels and exposure to trade and tourism disruptions, Citi said. The forecast assumes

According to a post on X, CZ stated that spreading FUD against competitors through paid campaigns damages an exchange's credibility, adding that users should carefully consider whether to entrust their assets to platforms engaging in unethical practices. He added that such tactics not only erode user trust but may inadvertently provide marketing benefits to targeted competitors. This follows criticism from OKX CEO Star, who challenged CZ's recent statements on Binance user compensation. Star que

According to Odaily's on-chain monitoring, a whale address currently holds approximately 1.38 million HYPE long positions with a notional value of around $114.63 million, generating unrealized gains of $61.26 million. The position accounts for 6.88% of HYPE derivatives open interest, which stands at $1.67 billion across the market. The address has not yet recorded any opening trade on the observable contract, making the position entry time indeterminable.

According to its official statement, Payy launched a 30-day claims window for users affected by the September 24 bridge contract hack. Approved claims will be reimbursed in USDC on the Ethereum network.

According to Philippine media, prosecutors withdrew three of four charges against Vice President Sara Duterte on October 13. The remaining charge alleges she failed to accurately disclose assets of unknown origin between 2022 and 2025.

According to Saxo Bank, the U.S. banking earnings season officially opens today, with JPMorgan Chase and Goldman Sachs reporting results first. Tomorrow, the September Consumer Price Index (CPI) release is expected to be the week's most significant market catalyst. Amid prevailing risk-off sentiment, crude oil has retreated and Treasury yields have declined.

According to Ukraine's Defense Ministry, the country's parliament has backed an initiative to allocate 100% of defense export license fees to the Armed Forces. The fees from military and dual-use goods export control documents will be split equally: 50% directed to weapons procurement, modernization, and equipment repairs, while 50% supports military personnel salaries.

According to Jin10, copper prices on three-month LME futures held near 14,628 per ton on Tuesday, as a stronger U.S. dollar offset supply concerns from the world's largest copper producer, Chile. The dollar remained near its 18-month high, supported by safe-haven demand amid Middle East tensions. Chile's Codelco partially halted operations at El Teniente mine due to a landslide, while Antofagasta's Centinela copper mine and unions prepared to resume talks following ongoing strike action. BMI ana

According to Predict.fun's official announcement, the platform launched "Predict the Worlds" event on October 13. Users can trade pre-match and live markets related to the League of Legends World Championship, accumulating trading volume to unlock treasure chests with varying rarity levels. Prize pools total $250,000 USDT, with rewards including Steam gift cards, Riot Points, and gaming chairs. The World Championship begins on October 15.

According to crypto commentator @SolanaFloor, Solana reclaimed the number one position in tokenized equities spot DEX volume after a 13-week absence. The resurgence highlights Solana's competitive strength in decentralized trading and reflects growing trader interest in the blockchain's infrastructure.

According to Jin10 Futures, as of October 13 at 15:16, CSI 1000 futures contracts recorded the largest capital inflows at 92.12 billion yuan, followed by CSI 500 at 45.56 billion yuan and Shanghai-Shenzhen 300 at 19.99 billion yuan. On the outflow side, crude oil futures led with 9.75 billion yuan in outflows, followed by silver futures at 5.07 billion yuan and methanol futures at 3.57 billion yuan.

According to Jin10, four forex option contracts on the euro, Japanese yen, and other currency pairs with notional values exceeding 1 billion each are set to expire on October 13 at 22:00 UTC+8.