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
05:25
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Bitcoin ETF Net Outflows Hit $228.4M This Week, IBIT Leads With $165.4M

According to Farside Investors data cited by BlockBeats, U.S. spot Bitcoin ETFs recorded net outflows of $228.4 million this week. IBIT led outflows at $165.4 million, followed by FBTC with $60.2 million, BTC with $7.6 million, and BTCO with $4.1 million. MSBT and BITB saw net inflows of $6.7 million and $2.2 million, respectively.
BTC0.32%
05:16
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Hyperscale Data Completes Tokenization of 5,000 Troy Ounces of Physical Silver

According to PRNewswire, Hyperscale Data, a publicly listed U.S. company, announced it has completed the tokenization of 5,000 troy ounces (approximately 155.5 kg) of physical silver through its wholly-owned subsidiary Ault Global Commodities. The tokenized silver has been listed on the Ault Markets platform, with trading expected to begin within weeks.
05:13
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S&P 500 Hidden Bear Market: 84% of Constituents Down 10% or More, Kobeissi Letter Notes

According to The Kobeissi Letter, on October 18, the S&P 500 index, though only 2% from its historical high, shows a hidden bear market within the bull market, with 84% of its constituents declining at least 10% from their peaks. The data reveals 59% have fallen 20% or more, 41% over 30%, and 17% over 50%, with index gains concentrated in a handful of large-cap tech stocks. The letter attributes this to macro headwinds pressuring valuations, while major tech companies supporting the index mainta
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05:04
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Nasdaq Plunges 4.5% Weekly Amid AI Selloff; Meta, Tesla to Report Earnings

According to UAnalyze, the U.S. stock market experienced significant risk-off rotation this week through October 18, with artificial intelligence-related stocks facing broad liquidation. The Nasdaq Composite index declined 4.5% for the week, the S&P 500 fell 1.95%, and the Russell 2000 dropped 3.05%, while the Dow Jones gained 0.7% supported by energy, healthcare, and consumer staples. Major market indices broke through key support levels, signaling investor concerns over AI capital spending sus
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05:01
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Hyperliquid Trader's BTC and ZEC Short Positions Liquidated, Losses Reach $47,900

According to Onchain Lens, a Hyperliquid trader's short positions in BTC and ZEC were liquidated recently. Combined positions worth approximately $4.35 million resulted in losses of about $47,900. The BTC short position of around $4.29 million incurred losses of approximately $46,100, while the ZEC position of roughly $61,900 resulted in losses of about $1,800.
05:00
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South Korea's Five Major Crypto Exchanges Plan to Push 22% Tax Delay to 2029 on October 20

According to Cointelegraph, South Korea's five major crypto exchanges plan to meet with government on October 20 to push for a fourth postponement of the 22% crypto tax, originally scheduled to take effect in January 2027. The ruling party has proposed delaying implementation to 2029. The crypto taxation policy has already been postponed three times previously. The government meeting will gather industry input on the tax arrangement, though whether another extension will be granted remains uncer
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04:49
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BofA Bull-Bear Indicator Drops to 7.4, Ending Sell Signal as Semiconductor Prices Emerge as Key Driver for Tech Rotation

According to Bank of America strategist Michael Hartnett on Oct 18, the bank's bull-bear indicator fell from 8.1 to 7.4, ending the sell signal triggered on May 26. However, Hartnett emphasized that the conclusion of the sell signal does not mark the arrival of a buy signal; the bank maintains a defensive tactical stance and is not adding to tech positions. The strategist highlighted that conditions for returning to risk assets—including a Fed rate hike on Oct 28 and easing AI financing concerns
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04:48
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Norway, Iceland, Liechtenstein, Switzerland Sign Free Trade Deal with Vietnam; 50% of Exports to Get Zero Tariffs

According to Norwegian government statement, Norway, Iceland, Liechtenstein, and Switzerland signed a free trade agreement with Vietnam on October 18. After the deal takes effect, approximately 50% of Norway's exports to Vietnam will enjoy zero tariff treatment. Within seven years, the share of exports qualifying for zero tariffs will exceed 98%, according to the statement. Vietnam and the four-member European Free Trade Association concluded negotiations on the agreement this July, following ta
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04:34
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Anthropic's Valuation Slides to $1.5 Trillion From $2 Trillion as Q3 Revenue Hits $16.8 Billion, Up 45%

According to Yahoo Finance, investors at Anthropic's San Francisco headquarters this week discussed a valuation of approximately $1.5 trillion for the AI lab, down from earlier expectations of $2 trillion. The Claude developer's third-quarter revenue reached $16.8 billion, representing 45% growth from the prior quarter and maintaining profitability on an adjusted basis. The downward valuation adjustment comes as some investors expressed concern about Q3 growth deceleration compared to previous q
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04:21
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Anthropic Seeks Legal Advice on AI Agents Negotiating on Behalf of Users

According to the Financial Times, Anthropic is consulting with law firms to understand how AI agents can negotiate on behalf of users in scenarios including commodity bargaining, customer service disputes, and salary negotiations. The company is exploring how to balance user interests with fair outcomes and is considering requiring users to provide signed documents specifying the agent's authorized tasks and operational boundaries. AnthropIc has conducted multiple real-world agent negotiation ex
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04:16
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South Korea's Central Bank Expected to Hold Rates at 3.00% on Oct 22, Market Eyes November Hike

According to a survey by Yonhapinfomax of 15 domestic and foreign financial experts, South Korea's monetary policy committee is expected to hold the benchmark rate steady at 3.00% on October 22. The committee may see a dissenting vote for a rate hike from one member, though market analysts widely expect a unanimous hold decision. Over the past week, South Korea's 3-year government bond yield fell 16.2 basis points to 3.835%, while the 10-year yield dropped 24.7 basis points to 4.165%. Foreign in
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04:16
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Citigroup Points to Two Major Stock Market Risks in 2027: Slower Earnings Growth and Tech Concentration

According to Citigroup analysts in latest reporting, 2027 faces two significant stock market risks. Global corporate earnings are expected to grow just 16% next year, down sharply from an estimated 35% this year. Citigroup's analysis shows that a 20 percentage-point slowdown in earnings-per-share (EPS) growth typically correlates with near-flat market returns. The second risk is earnings concentration in technology. Citigroup estimates that tech will contribute approximately 70% of global EPS gr
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04:15
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Elice Group and MS Bio Debut on South Korea's KOSDAQ Market This Week

According to Yonhap Infomax, AI infrastructure company Elice Group and regenerative medicine platform MS Bio are listing on South Korea's KOSDAQ market on October 20 and 22, respectively, this week. Elice Group set its offering price at 90,500 Korean won (upper end of guidance band), with an estimated market cap exceeding 1 trillion won. MS Bio's offering price was set at 7,800 Korean won, with an anticipated market cap of approximately 212.2 billion won.
04:11
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Bitcoin Wallets Dormant for 12 Years Transfer 417 BTC Worth $33.85M

According to on-chain data, two Bitcoin wallets that have been inactive for over 12 years recently awakened and transferred a combined 417 BTC valued at approximately $33.85 million. The wallets originally acquired the bitcoins at prices of $127 and $355 per coin, representing significant gains given current market valuations. The on-chain movement was tracked and reported by LookOnChain.
BTC0.32%
04:05
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Bitcoin Spot Sell Orders Exceed Buy Orders on Coinbase by $8.628M at $81,801

According to ChainCatcher, as of October 18, Bitcoin spot trading shows heavier sell pressure on Coinbase, with sell orders at $25.2818 million against buy orders of $16.654 million, a difference of $8.6279 million. BTC is currently trading at $81,801. The data was sourced from trading intelligence platform Liquid247.xyz.
BTC0.32%
04:03
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Goldman Sachs, Wells Fargo, and Morgan Stanley Express Interest in Tokenization During Q3 Earnings

According to CoinDesk, Goldman Sachs, Wells Fargo, and Morgan Stanley each expressed positive views on tokenization during their third-quarter earnings calls on October 18. Goldman Sachs highlighted tokenization as a pathway to expand its trading business, while Wells Fargo stated its tokenized deposit system can now facilitate cross-border payments with settlement times of just two minutes or less. Morgan Stanley sees tokenization as a means to generate additional demand for wealth management a
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