Gate Crypto Flash News and Market Updates

According to intelligence from market sources reported by Guolian Securities on October 18, Hong Kong's IPO market saw 115 companies listed in the first nine months of 2026, raising a total of 385.7 billion HKD. This fundraising volume surpasses the full-year record from any year since 2011. Deloitte and KPMG recently projected that Hong Kong's full-year 2026 IPO financing could approach 500 billion HKD. The top three underwriters' combined market share reached 42%, while the Securities and Futu

According to Solana's official announcement, the network facilitated 557 million stablecoin transfers in September, marking a 33% increase from August. The platform averaged 18.6 million transfers daily.

According to St. Petersburg Governor Beglov, Ukrainian drones struck the city's oil terminal early on October 18, triggering fires. No casualties have been reported. The attack also damaged civilian infrastructure across four districts of the city, with emergency services conducting firefighting operations. In response, operations at Pulkovo Airport have been restricted for safety reasons, and mobile internet services in St. Petersburg may experience disruptions. Russian state news agency TASS r

According to UK Maritime Trade Operations, a southbound tugboat was struck by two unidentified projectiles northeast of Khor Fakkan, UAE, on October 18. The vessel sustained damage but continued on its planned route.

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.

According to ChainCatcher, El Salvador's Bitcoin holdings surpassed 7,808 BTC over the past 30 days, with the government adding 8 BTC in the last 7 days. The total value of its Bitcoin holdings reached approximately $638 million.

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.

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

According to Lithuania's State Crisis Management Center, red-level air raid alerts were issued for central and northern regions of Lithuania today. The country has urged residents to seek shelter and scrambled NATO air patrol fighters in response. Kaunas Airport has been closed as a precaution.

According to ChainCatcher, Elon Musk stated that Tesla's Optimus humanoid robot and Cybercab autonomous taxi will account for the vast majority of Tesla's value.

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

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.

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

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

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

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

According to Blockworks data cited by Solana, the Solana network processed 557 million transactions in September, representing a 33% increase from August. Daily average transaction volume reached 18.6 million during the month.

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

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

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