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
04:46
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Nvidia Increases $235B Buyback Plan, but Strategic Investments Could Cut Free Cash Flow by 69%

According to Wall Street Journal, Nvidia announced on September 28 a $235 billion stock buyback authorization, expanding the plan by $150 billion. However, when accounting for strategic equity investments and employee stock compensation, the company's actual free cash flow for the first half of fiscal 2025 could fall to approximately $21.7 billion from the officially reported $69.9 billion, a decline of roughly 69%. Net cash outflow from equity investments reached $35.2 billion, while employee s
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04:42
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Papertrade 1000x Leverage Traders Face Massive Liquidations: 75.3% of High-Leverage Users Wiped Out, Over $20M in Losses Since Launch

According to BlockBeats and TradingBeats data, Papertrade recorded 7,962 addresses opening positions since October 10, 22:00, with 5,836 addresses (73.3%) deploying 1000x leverage. Among these high-leverage participants, 4,395 addresses (75.3%) experienced at least one liquidation, totaling 12,657 liquidated 1000x positions and losses of $20.07 million in isolated margin. BTC positions accounted for $8.01 million in losses, while ETH reached $12.08 million. Across the entire platform, 4,861 addr
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BTC0.39%
ETH0.49%
04:39
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Thousands of Pro-Palestinian Protesters Gather Across Europe, Call for Israel to Halt Gaza Operations

According to Xinhua, thousands of demonstrators staged pro-Palestinian protests across the UK, Greece, Germany, and other European countries on October 10, calling for Israel to stop its military operations in Gaza. Protesters in central London held Palestinian flags and placards demanding the British government cease weapons supplies to Israel, highlighting concerns over civilian casualties and demanding Palestinian freedom.
04:34
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Tesla Rises Over 2%, Analyst Maintains $500 Price Target, Cites AI Play Potential

According to Yahoo Finance, analyst Dan Ives of Yorkville Ives maintained a $500 price target on Tesla (TSLA) on Friday, October 9, as the stock rose over 2%. Ives reiterated that Tesla is fundamentally an artificial intelligence company, not merely an automaker, emphasizing autonomous driving, Robotaxi, and Optimus humanoid robots as key value drivers. Ives noted that Full Self-Driving adoption has exceeded 55% among new Tesla vehicles in North America, while Robotaxi services are currently ope
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04:29
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Japan Reports African Swine Fever at Gunma Prefecture Farm with 1,900 Pigs on October 10

According to Japan's Ministry of Agriculture, Forestry and Fisheries, on October 10, a pig farm in Gunma Prefecture, located in the northwest of the Kanto region, confirmed African swine fever. The affected farm houses approximately 1,900 pigs. An epidemiologically linked farm in the area holds about 900 pigs, according to the ministry's announcement.
04:28
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Former NZ PM Ardern Breaks 3-Year Political Silence to Campaign for Labour on October 11

According to Jin10, former New Zealand Prime Minister Jacinda Ardern broke her three-year political silence on October 11 to support Labour leader Chris Hipkins ahead of the November 7 election. In a video posted to the party's website, Ardern endorsed Hipkins and urged voters to donate to his campaign, stating she has "complete faith" in him and his commitment to Labour values. The intervention comes at a critical moment in the race, as both the ruling National Party and the opposition Labour P
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04:25
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Li Lu: Capital Concentration in Top Stocks Leaves Excellent Companies Severely Undervalued

According to remarks made at Columbia Business School's 36th Graham and Dodd Annual Lunch event on October 11, Himalayan Capital founder Li Lu stated that market capital is inherently finite. When capital becomes concentrated in the most popular and top-performing companies, a large number of genuinely excellent firms become overlooked and trade at severely discounted prices. Li Lu noted this pattern holds across markets including the U.S., China, and other regions.
04:22
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AMPL Falls 13.91% to $1.30 in One Hour of Trading

AMPL fell 13.91% to $1.30 over the past hour, dropping from $1.51. The altcoin's market cap stands at $3,084,931, with 24-hour trading volume at $2,222.97. Key support is seen near $1.30, while resistance sits at $1.40. A break below $1.30 could signal further downside, while a move above $1.40 may indicate a shift in momentum.
04:21
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Kimi's Low-Cost Model K2.8 Preview Contributes Over 40% of Revenue, Outpacing K3 as Annualized Recurring Revenue Hits $1.2B in September

According to a Nikkei Securities report cited by ChainCatcher, Kimi's annualized recurring revenue reached $1.2 billion in September, up from over $1 billion in August. The low-cost model K2.8 Preview, launched on September 11, now contributes approximately 40-45% of annualized recurring revenue, surpassing the flagship K3 model's 30-35% contribution. K2.8 Preview is priced lower and targets programming and daily agent tasks, while K3 maintains higher margins of 35-40% compared to K2.8 Preview's
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04:21
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Filecoin Genesis Vesting Period Ends October 14, Annual FIL Supply Increase to Drop 77% From 88.9M to 20.6M

According to The Defiant, Filecoin's six-year genesis token vesting period will end on October 14, halting approximately 68.3 million FIL in annual release. This will reduce the total yearly supply increase by approximately 77%, from 88.9 million FIL to 20.6 million FIL, based on current mining speeds. The share of new supply relative to circulating supply will decline from approximately 9.7% to 2.2%. Block rewards will become the primary ongoing source of new supply.
FIL-6.59%
04:13
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Macquarie Warns: Sharp U.S. Treasury Yield Surge Risks Financial Stress Amid Global Debt Market Pressure

According to Macquarie strategists Thierry Wizman and Gareth Berry, rapid movements in long-term bond yields often precede financial crises, with past 50 years of data showing systemic breakdowns typically follow sharp yield spikes. The U.S. 10-year Treasury yield recently hit its highest level since 2002, while yields in France, Italy, Indonesia, Japan and South Korea have each surged at least 100 basis points this year. Fundstrat strategist Hardika Singh notes that when 10-year yields break ab
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04:07
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Li Lu Criticizes AI Market's 'Extreme Irrationality,' Flags $2 Trillion Valuation Contradictions on October 11

According to Guru Club, Li Lu, founder of Himalaya Capital, criticized the AI market's extreme pricing irrationality on October 11. He cited an example of a company claiming to develop transformative technology while admitting a 10% probability of 'killing all humanity,' seeking $100 billion in investment at a $2 trillion valuation. Li Lu stated such logical inconsistencies reflect how irrational markets can become and cannot be sustained long-term, predicting eventual market rationalization.
04:04
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Nvidia May Evaluate Intel Foveros Packaging for Feynman GPU Backend in H2 2028

According to GF Securities analyst Jeff Pu, Nvidia may evaluate adopting Intel's Foveros advanced packaging technology for part of its backend operations in H2 2028, though no contract or specific product has been finalized. Intel's advanced packaging portfolio includes EMIB, Foveros, and Foveros Direct technologies, and the company is actively pursuing AI customers. The timeline aligns with Intel's 14A process expected to reach high-volume production in H2 2028. For Nvidia, adopting Intel packa
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03:49
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China's Crude Oil Imports Show Recovery: 96 Supertankers Expected, Highest Since Late February

According to Bloomberg's tanker tracking data, approximately 96 supertankers are expected to arrive in China within 90 days as of October 10, marking the highest level since late February and the third consecutive week of increases. The surge indicates growing appetite for crude oil imports after a period of pullback following regional tensions. However, the recovery remains incomplete compared to year-ago levels, when 111 tankers were destined for Chinese ports.