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
03:02
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Address Logs $2.17B in Weekly Trading Volume on Variational, Over 10% of Platform Activity

According to Odaily Daily and Variational ranking data, an address (0xc...413e) generated $2.17 billion in trading volume over the past week, accounting for over 10% of the platform's weekly volume of approximately $20 billion. The address began trading on Variational within the past month, marking a significant concentration of activity on the exchange.
03:02
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Hong Kong SFC to Discuss Extending Stock Market Trading Hours in Q4

According to Hong Kong Securities and Futures Commission (SFC) Chief Executive Leung Fung-yee, speaking at an Asia Securities Industry and Financial Markets Association (ASIFMA) conference on October 9, the SFC is studying measures to extend securities trading hours, with derivative markets to be prioritized. The Hong Kong stock exchange will release a consultation paper on extending spot market trading hours in the fourth quarter to gather market feedback.
03:01
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Robinhood Explores Stock Tokens Linked to Active-Managed ETFs on Robinhood Chain With T. Rowe Price

According to Robinhood Crypto, the company is exploring the launch of stock tokens linked to active-managed exchange-traded funds on Robinhood Chain in partnership with T. Rowe Price Digital Assets, which manages $1.9 trillion in assets. The project remains in the exploration phase and is subject to legal due diligence, board approval from the issuer, and regulatory authorization across relevant jurisdictions. No guarantee has been provided that the collaboration will proceed or that any final p
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02:58
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Moderna Enters Nasdaq 100 Index on Oct 9, MRNA Stock Rises to $197

According to BlockBeats, on Oct 9, Moderna entered the Nasdaq 100 index at U.S. market open tonight (9:30 PM Beijing time), replacing Warner Bros. Discovery. MRNA stock rose from $188.94 on Oct 1 to $197 by Oct 8, a gain of 4.27%. The index inclusion adjustment was announced on Oct 1. According to TradingBeats monitoring, Nasdaq 100 futures contract for MRNA traded at $196.45 as of latest, with 24-hour volume of 4.35 million shares and notional value of $8.52 million. The top long-position holde
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02:57
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Eritrean Soldiers Cross Into Northern Ethiopia on October 9, Escalating Red Sea Tensions

According to local residents and international media reports, Eritrean soldiers crossed into northern Ethiopia on October 9, advancing toward areas of conflict between Ethiopian federal forces and regional militias. The incursion marks an escalation of tensions between Addis Ababa and Asmara amid ongoing clashes over control of the Tigray region. The two neighboring countries severed diplomatic ties last week, with Ethiopia accusing Eritrea of supporting the Tigray People's Liberation Front (TPL
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02:55
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Philippines to Adopt International Pricing Method for Peso-Denominated Bonds Starting January 4

According to Jin10, the Philippines will adopt international debt pricing conventions for government bonds denominated in pesos starting January 4, 2027. The government will exclude withholding tax effects from pricing calculations, allowing yields to more accurately reflect market fundamentals and facilitate comparison with international benchmarks. The move comes as JPMorgan Chase plans to include Philippine peso-denominated debt in its closely watched emerging market bond index.
02:53
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Citigroup Sees Fed's Rate Hike Cycle Ending Earlier If Core PCE Stays Near 2% Target

According to Citigroup economists, on October 9, the Federal Reserve's rate-hiking cycle may end sooner than previously expected if core PCE inflation continues holding near 2% on an annualized basis. Citigroup economist Andrew Hollenhorst noted that the U.S. economy is not overheating, and the September rate increase was implemented as a "risk management" measure rather than due to strong economic momentum. Citigroup's base case expects core inflation to remain subdued over the next four months
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02:52
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Bitcoin Plunges to 83,511, Crypto Market Sees 110,000+ Liquidations on October 9

According to Yi Caifin, the crypto market crashed on the evening of October 9, with Bitcoin plunging over 3% to $83,511, marking a one-week low. Ethereum fell nearly 5%, while SOL, XRP, HYPE, and ZEC declined over 3-4%. Coinglass data showed over 110,000 traders were liquidated in the past 24 hours. Concurrently, spot gold broke below $4,100 per ounce, declining 2.26%, and silver fell below $60 per ounce with a 3.50% drop, while crude oil rallied, with Brent crude holding above $101 per barrel.
BTC-1.26%
ETH-3.52%
SOL-5.30%
XRP-2.42%
HYPE-3.79%
02:52
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Samsung Cuts Q4 Smartphone Production by 20-30% as Memory Chip Costs Surge 175%

According to MoneyToday, Samsung Electronics' mobile division has requested suppliers to cut fourth-quarter smartphone production by 20 to 30 percent due to soaring memory chip costs, with annual production potentially declining from an estimated 270 million units to approximately 200 million units. 12GB LPDDR5X memory prices surged 175 percent year-over-year in the second quarter to $145-146 per unit, with third-quarter prices expected to rise further to around $180. Samsung faces a dual squeez
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02:47
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U.S. Refiners' Q3 Earnings Surge Amid Middle East Conflict, Russia-Ukraine War Disruptions

According to Jin10 data on October 9, major U.S. refiners including Valero Energy, Marathon Petroleum, and Phillips 66 are projected to report significantly higher Q3 earnings, far exceeding record levels set in Q2, as global supply disruptions from Middle East conflict and the Russia-Ukraine war fuel worldwide fuel shortages and price spikes. Analysts attribute the surge to widening crack spreads—where crude oil price increases lag behind refined product gains—enabling refiners to capture recor
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02:46
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Dragon Resources Discovers High-Grade Ore at Jokisivu Mine, Stock Rises 9% on October 7

According to Dragon Resources' October 6 announcement, the company discovered high-grade mineralization at its Jokisivu gold mine in Finland, with multiple drill holes concentrated at 320-340 meter level. The findings identified an extension of the Arpola target zone, supporting future resource increase and mine life extension. The stock jumped 9% intraday on October 7, becoming the most active gold sector performer. Dragon Resources' first-half 2026 results showed gold sales of 15,628 ounces, u
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02:46
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Over 50% of Tokenized Stock Trades Occur Outside U.S. Market Hours, IMF Data Shows

According to IMF data cited by Cointelegraph, over half of tokenized stock trades occur outside U.S. market hours, with approximately 80% of trading volume involving fractional shares. The data reflects strong demand for around-the-clock global trading as tokenized assets continue to reshape traditional market structures.
02:45
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U.S. Stock Index Futures Recover Overnight, S&P 500 E-Mini Up 0.16% to 7,828.75

According to Yonhap Infomax, U.S. stock index futures recovered slightly on October 9 morning (9:30 KST), with E-mini S&P 500 futures up 0.16% to 7,828.75 and Nasdaq-100 futures gaining 0.10% to 31,001.00. The overnight rebound came after tech stock weakness in the previous New York session, where the S&P 500 and Nasdaq Composite declined 0.47% and 1.25% respectively. Weakness in technology stocks was partly driven by OpenAI's revenue disappointing market expectations. The company reported Septe
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