Gate Crypto Flash News and Market Updates

According to BlockBeats, on October 17, Apple stated that pre-order demand for its first foldable iPhone Duo was "extraordinary," with shipment timelines slipping from November to December, then further pushed to January 2027. The delay affects all storage configurations (256GB to 2TB) and colors. Apple said it aims to enhance delivery efficiency, with the first batch launching on October 23.

Sui announced on X that Slush has integrated Halliday, allowing users to deposit tokens from 25 blockchains or use fiat channels including bank cards, bank transfers, and Apple Pay. Users can receive SUI or USDC in Slush and initiate transactions by clicking the Buy button.

According to a Sentora survey conducted in 2026, about three-quarters of U.S. digital asset holders want to manage their crypto holdings through their banks.

According to Benzinga, Future Fund partner Gary Black warned Tesla investors on Thursday to stop hyping a potential merger with Elon Musk's SpaceX. Black stated that "Tesla bulls should cease promoting a Tesla-SpaceX deal," cautioning that arbitrage traders would erode any shareholder premium in a stock-for-stock transaction, as the combined company would likely be valued using Tesla's lower valuation multiple. On Friday, Black estimated that if the new Roadster generates 3,000 annual deliveries

According to BlockBeats, on October 17, U.S. stocks fell sharply amid concerns over AI investment returns and rising oil prices. The Nasdaq-100 Index dropped 2.5%, the Nasdaq Composite fell 2.15%, and the S&P 500 declined 1.1%. The Philadelphia Semiconductor Index fell for an eighth consecutive trading day, marking its longest losing streak since 2008. The VIX fear gauge briefly surged above 22 for the first time in four months.

According to CriptoNoticias, USDT in Argentina surged above 1,600 pesos, expanding its premium over the official exchange rate to 6.6%. The price increase followed comments by President Milei regarding potential currency pressure and possible capital outflows in 2027.

According to TechCrunch, Replit ended its work with Anthropic on October 16, 2026. CEO Amjad Masad cited cost, performance concerns, and Replit's partnership with OpenAI as reasons for the decision. Masad noted that OpenAI's models performed better on Replit's benchmarks for building apps from scratch, and the partnership would help expand access to software creation with GPT-5.6.

According to Whale Alert, on October 17, Circle's USDC Treasury minted 250 million USDC on the Solana network at 10:05 AM Beijing time.

According to ChainCatcher, citing Coinglass data, whales on Hyperliquid currently hold $8.232 billion in positions. Long positions account for $3.833 billion (46.57% of total holdings), while short positions account for $4.399 billion (53.43%). Long-position unrealized gains stand at $182 million, while short-position losses total $150 million.

According to Circle, the stablecoin issuer generated approximately $1.4 billion in revenue during the first half of 2026, with 59% of revenue allocated to partner distributions and transaction costs.

According to Odaily, on October 17, Serenity noted that storage chip makers are gaining unprecedented long-term demand visibility. Major cloud providers like Google are seeking supply agreements extending to 2035. However, markets remain concerned about AI infrastructure investment sustainability and financing risks. Serenity cited Dell CEO Michael Dell's view that storage chip shortages could persist for around 4 years, with new fab capacity expected to come online by 2029–2030. Dell projected

According to Reuters, on October 16, Anthropic pitched Capitol Hill lawmakers a draft bill to regulate frontier AI safety and security. Under the proposal, the Department of Commerce could seek a court order to suspend a model only if it poses a foreseeable, imminent risk of more than $1 billion in damages, or of killing or seriously injuring more than 50 people. Such risks must stem from biological weapon creation, model control evasion, or cyberattacks. Independent evaluators registered with C

According to Serenity, storage chip demand has reached unprecedented long-term visibility, with major cloud providers like Google seeking long-term supply agreements extending to 2035. However, the market remains concerned about the sustainability of AI infrastructure investment and financing risks. Dell CEO Michael Dell projects that storage chip supply shortages could persist for approximately four years, with new fab construction cycles lasting longer than expected. Relevant production capaci

According to Jin10, on October 15, Bank of China's Colombo branch was designated as the yuan clearing bank for Sri Lanka, with the unveiling ceremony held in Colombo attended by over 200 representatives from Sri Lankan government departments and Chinese and Sri Lankan enterprises and financial institutions. The designation, supported by the central banks of both nations, is expected to enhance cross-border settlement efficiency and yuan service quality.

According to CoinMarketCap, Starknet's native token STRK surged 56% in the past week to $0.087 as of Oct 16 morning. On Oct 14, the Starknet Foundation launched a seven-day governance vote on whether to formally pursue an independent blockchain transition. The vote follows recent discussions about Starknet separating from its Ethereum base to develop quantum resistance independently. Additionally, on Oct 13, StarkWare released Shadow Accounts, a privacy feature that obscures links between users'

According to Bloomberg, on October 17, CoreWeave's three co-founders—Michael Intrator, Brian Venturo, and Brannin McBee—have collectively sold $3.3 billion in company stock since the AI cloud computing company's initial public offering in March 2025. The stock declined 11.91% this Friday as investor concerns about AI spending and rising credit risks intensify.

According to CNA, CoreWeave shares and bonds were heading for steep weekly losses as investors questioned whether the Nvidia-backed US cloud computing company could sustain its $50 billion debt load if borrowing costs rise. The cost of insuring CoreWeave's debt reached record highs. Regulatory filings showed that CoreWeave CEO Michael Intrator and related entities had sold nearly $1 billion of stock since the company's March 2025 IPO, mostly under prearranged trading plans. AI infrastructure pee

According to Iran's Islamic Revolutionary Guard Corps Navy, a super tanker carrying over 2 million barrels of crude oil hit a mine and caught fire in the Strait of Hormuz on October 17. The statement indicated the tanker had shut down its positioning and radar systems while attempting to transit an unauthorized shipping lane through the strategic waterway. The Iranian naval command stated that the Strait of Hormuz is now closed to unauthorized vessels.

According to Guru Club, Microsoft Research launched StudentSim on October 17, a system designed to evaluate how well AI tutoring explanations, prompts, and questions help students learn. The system trains personalized AI student simulators for each learner based on anonymized educational records, modeling both how students respond to tutoring interventions and their independent problem-solving. This addresses the challenge of scaling educational research without costly, time-intensive human stud

According to Bloomberg, OKX's global managing partner and chief marketing officer Haider Rafique will leave the crypto exchange by year-end. Rafique joined the Seychelles-based platform in March 2020 and oversaw its rebranding while helping to build partnerships outside the crypto industry. He previously worked at Blockchain.com, CA Technologies, and Microsoft. OKX reached a $25 billion valuation in its recent funding round backed by investors including Qube Research & Technologies, Circle Inter