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
17:05
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Cancore Completes $7.2M Seed Funding, Led by Paper Ventures and dao5

According to ChainCatcher, Cancore, a cross-chain trading platform built on the Canton network, completed a $7.2 million seed funding round in September with a fully diluted valuation (FDV) of $60 million for its planned CNRX token. The round was raised via Simple Agreement for Future Tokens
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16:50
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Bitcoin Trades Near $80,000 as Traders Await Fed Decision on October 28

According to Bitcoin Magazine, Bitcoin traded near $80,000 on Monday (October 26) as traders awaited the Federal Reserve's interest-rate decision ending October 28. The cryptocurrency has dipped below $80,000 multiple times in recent days but recovered each time. Spot Bitcoin ETFs recorded approximately $635 million in outflows on October 22, while a brief dip last week triggered roughly $800 million in liquidations of long positions. As of writing, Bitcoin traded at $80,215, down nearly 4.75% o
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16:50
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Crypto Industry Spends $176 Million on More Than 100 Midterm Races

According to Reuters, the crypto industry spent $176 million on more than 100 midterm races through October 20, with the spending aimed at building a bipartisan coalition in Congress. Fairshake, the industry's largest super PAC, led the effort with approximately $150.8 million in spending this
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16:47
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U.S. Military Strikes Speedboat in Eastern Pacific on October 27, Killing 5

According to U.S. Southern Command, on October 27, American forces from the Joint Task Force-West Hemisphere struck a speedboat operating on an alleged drug trafficking route in the Eastern Pacific, killing five individuals described as drug traffickers. The operation is part of ongoing maritime interdiction efforts in the Caribbean and Eastern Pacific regions.