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
22:05
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dLocal Climbs to No. 55 on Roundtable 100 as Payment Volume Surges 92% This Week

According to Roundtable 100 analysts, dLocal Limited (Nasdaq: DLO) moved up six places to No. 55 this week on the strength of its quarterly payment volume, which jumped 92% to $17.7 billion. The Roundtable 100, published with TheStreet, ranks 100 publicly traded technology growth companies. Blue Ribbon Committee analyst Aly Madhavji, managing partner of Blockchain Founders Fund, highlighted the Latin American fintech's emerging markets connectivity as a key growth driver, noting dLocal's positio
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22:05
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Arthur Hayes Goes Long BTC and ETH Betting on AI Bailout; Moves $19.35M in Ethereum

According to an X post, BitMEX co-founder Arthur Hayes said he would not bet on AI stock direction. Instead, he plans to trade the eventual multi-trillion-dollar bailout by going long Bitcoin and Ethereum. The call came as AI cloud provider CoreWeave plunged 15% after CNBC's Jim Cramer named it his only trusted AI cloud pick. Chain data showed Hayes transferred 8012 ETH, worth $19.35 million, to an unlabeled address. However, there is no clear evidence of a sale, and the transfer could simply be
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BTC0.78%
ETH1.68%
22:01
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Hedge Fund Chief Hayes Names S&P 493 as Next Rally Leader, Bullish on Alibaba; Moonshot IPO at $50B

According to Thomas Hayes, founder of Great Hill Capital, during an appearance on David Lin Podcast on October 15, the S&P 500 will see a "strong bull market beneath the surface" over the next six months, driven by 493 companies outside the Magnificent Seven. Hayes cited overweight positioning in AI mega-cap stocks as a factor suppressing broader market participation. He highlighted Alibaba (BABA-US, 09988-HK), which holds stakes in numerous Asian AI startups including Moonshot—projected to reac
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22:00
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Australia to Require Crypto Platforms Report Transactions Starting July 2027

According to Odaily, Australia is drafting legislation requiring crypto platforms to report cryptocurrency transactions and share tax information internationally. Under the proposed law, crypto platforms must report transactions involving Australian residents to tax authorities starting July 2027.
21:53
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Google Reduces Magic State Errors by 40 Times on Willow Processor, Achieves 99.99% Fidelity

According to a paper Google Quantum AI recently published in Science, the company reduced magic state errors by approximately 40 times on its Willow processor through a new technique called magic state cultivation. The technique produced T states with logical fidelity reaching 99.99%. The experiment used 54 of Willow's 105 quantum bits, focusing on optimizing these quantum resources which are essential but costly in quantum computing systems.
21:51
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Google Cuts Quantum Computing Error Rate 40-fold with Magic State Cultivation on Willow Chip

According to Google Quantum AI, on Thursday the company achieved a major breakthrough in quantum computing by reducing errors about 40-fold on its Willow processor using a technique called magic state cultivation, producing magic states with 99.99% fidelity, according to a paper published in Science. Magic states are single-use resources critical to running useful quantum programs, with production costs previously estimated at up to 95% of a quantum computer's total capacity. The breakthrough su
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21:51
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Phantom Opens Position on SOXL After 40% Drop in Past Ten Days

According to crypto commentator Route2FI, Phantom opened a perpetual position on SOXL, a 3x leveraged semiconductor ETF, following a 40% decline over the past ten days. SOXL tracks semiconductor stocks and amplifies exposure through leveraged derivatives.
21:49
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Farcaster Acquired by Network School, Rebrands as Network State Protocol

According to ChainCatcher, on Thursday, Balaji Srinivasan's Network School acquired Farcaster from Neynar in the platform's second ownership change this year. Neynar co-founders Rish and Manan will depart, while the remaining team joins Network School to continue development. The platform will rebrand as Network State Protocol, aiming to build a network of voluntary digital societies with eventual physical-world presence. Users must accept or reject an on-chain 'social smart contract' to receive
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21:46
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Dollar Index Falls 0.45% on Thursday as Bond Rally Eases Inflation Shock

The dollar index (DXY) fell 0.45% to 101.99 on Thursday, October 15, retreating from an 18-month high as investors shifted focus from stronger-than-expected U.S. inflation and consumer spending data to concerns over AI data center operators' bond sales. U.S. September producer prices rose at the fastest pace in four-and-a-half years, with both commodity and service costs increasing. Retail sales growth also exceeded expectations, though initial jobless claims ticked slightly higher, indicating r
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21:41
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KEEP Surges 24.9% in 30 Minutes to $0.028122

In the past 30 minutes, KEEP surged 24.9% to $0.028122, representing a 15.79% increase over the past 24 hours. The token rose from $0.02251593 to $0.02812247 during the rapid upswing. KEEP's market cap currently stands at $21,776,177, with 24-hour trading volume reaching $4,150.16.
21:22
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Ripple Prime Adds RWA Perpetual Swaps Across 100+ Markets with RLUSD Collateral Support

Ripple Prime has expanded its institutional derivatives offering with perpetual swaps referencing more than 100 traditional-market assets, including equities, indexes, ETFs, metals, energy and foreign exchange. Contracts reference perpetual futures listed by Trade.xyz on Hyperliquid, and eligible institutional clients can settle trades 24/7 using Ripple's RLUSD stablecoin as collateral. The over-the-counter swaps allow institutions to consolidate exposures across digital assets, FX and derivativ
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HYPE1.37%
21:22
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Intel Secures Orders from Apple, Nvidia, and Four Others for 14A Process, Analyst Says

According to KeyBanc analysts, Intel has reportedly secured foundry orders from six major clients including Apple, Nvidia, Broadcom, Google, AMD, and Microsoft, as of October 15. Apple's contracts are expected to involve multiple generations of A-series and M-series chips using the 14A process, with potential volumes around 600,000 wafers and estimated revenue of $15-20 billion, KeyBanc said. The announcement follows the analysts' Asia trip; specific contract terms and shipment timelines remain
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21:21
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ChangeNOW Resolves Website Integration Vulnerability, Launches NOW AI Security Lab on October 15

According to ChangeNOW, on October 15, the platform resolved a website integration vulnerability discovered with help from independent security researchers. The company stated it has no evidence the vulnerability was exploited, but warned that customer email addresses and transaction details could potentially have been exposed. ChangeNOW emphasized its transaction infrastructure was not affected and customer funds were never at risk. In response, the platform is launching NOW AI, a dedicated sec
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21:13
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MSCI to Ban Non-Operating Companies From Investable Indices, Effective November 30

MSCI announced it will exclude non-operating companies from its global investable indices effective November 30, 2026. The exclusion will be determined through one core screening and five non-industry-specific financial ratio tests; securities triggering four or more of the five ratio thresholds will be ineligible for index inclusion. To reduce index turnover, MSCI implemented buffer arrangements for both inclusion and exclusion decisions. The company also said it will terminate temporary measur
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21:10
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Anthropic IPO Valuation Revised Down to $1.5T on Slower Revenue Growth

According to sources, Anthropic's valuation expectations for its November IPO are being reconsidered downward following the AI company's latest financial disclosures. Investors at a San Francisco investor day on Wednesday discussed a valuation of approximately $1.5 trillion, down significantly from prior expectations of around $2 billion, amid concerns over rising AI development costs.