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
22:43
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Democrats Likely to Control U.S. House in November 3 Midterms, Poll Shows 227-197 Seat Advantage

According to Shinhan Investment Securities, U.S. midterm elections scheduled for November 3 are expected to result in a divided government, potentially weakening fiscal policy momentum. An NBC poll shows Democrats holding a significant advantage in the House of Representatives with 227 favorable seats compared to Republicans' 197, while Democrats maintain 49 favorable Senate seats. Additionally, attention is focused on the Treasury's quarterly funding plan announcement expected on November 2 and
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22:25
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China Commodity Futures Rise Overnight on Oct 30, LPG Surges 4.45%

According to Guru Club, China's commodity futures market saw most contracts rise overnight on Oct 30, with energy leading gains. LPG surged 4.45%, while chemical futures including methanol rose 4.33%. Oil palm and soybean products advanced, with palm oil up 1.17%. The metals sector declined, with co
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22:13
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Reddit Stock Falls 29% Today on Weak Search Traffic Outlook

According to CNBC, Reddit's stock fell 29% today (Oct 30), marking its worst day since the company went public in 2024. CEO Steve Huffman said yesterday that search traffic was "down meaningfully," noting that Google's AI-powered search modes do not "drive traffic." The company also announced it will soon require users to log in to access the platform.
22:10
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Bitcoin ETF Flows Flip to Strong Accumulation, Says Tyler Evans

According to Tyler Evans on Bitcoin Magazine TV on October 30, Bitcoin ETF flows shifted from highly negative to strong accumulation as institutions increase purchases. Evans noted that JPMorgan named Bitcoin its best-performing asset class amid Fed policy shifts and rising bond
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BTC-2.66%
22:09
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U.S. Treasury Sanctions 10 Individuals, 1 Entity for $2M Crypto Laundering Behind North Korea's Fake IT Workers

According to the U.S. Treasury Department, on October 29, 2026, the agency sanctioned 10 individuals and one entity, including two Russian crypto middlemen, for laundering cryptocurrency proceeds from North Korean fake IT worker schemes that fund weapons of mass destruction programs. Vitold Obertas, described as a go-between for North Korean financial transactions, allegedly handled nearly $2 million in crypto conversions and at least $1.25 million in other currency transfers since January 2025.
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ETH-1.73%
TRX-11.03%
22:09
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Senator Hagerty Lays Out 200,000 BTC Strategic Reserve Plan, Warns Against CBDCs on October 29

According to Bitcoin Magazine's BMTV interview published on October 29, Senator Bill Hagerty outlined his vision for expanding the U.S. Strategic Bitcoin Reserve to hold 200,000 BTC, arguing that Bitcoin strengthens dollar dominance rather than threatening it. Hagerty opposed central bank digital currencies (CBDCs) as inconsistent with freedom and liberty, and criticized regulatory ambiguity that enabled SEC overreach under former chair Gary Gensler. He discussed the CLARITY Act and GENIUS Act a
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BTC-2.66%
22:09
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Franklin Templeton Launches FBEQ and FIBT Bitcoin DRIP ETFs on Nasdaq Today

According to Bitcoin Magazine, Franklin Templeton officially launched two Bitcoin dividend reinvestment ETFs, FBEQ and FIBT, on Nasdaq today (October 29, 2026). The Franklin U.S. Equity Bitcoin DRIP Index ETF (FBEQ) and Franklin U.S. Innovation Bitcoin DRIP Index ETF (FIBT) convert stock dividends f
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BTC-2.66%