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
11:37
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ASML Customers Already Placing Orders for 2029-2030 as CEO Warns Demand Could Exceed Capacity Despite 30% Expansion

According to Reuters, on October 14, ASML reported Q3 2026 net profit of €4.96 billion on sales of €11.7 billion, with Q4 guidance of €14.2 billion to €15.2 billion. CEO Christophe Fouquet said customers are already booking orders for chipmaking tools for 2029 and 2030 output, signaling sustained AI-driven demand despite capacity expansion plans. ASML announced in July plans to raise capacity by 30% in 2027 and another 30% in 2028, but Fouquet warned these expansions may still prove insufficient
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11:36
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China Eastern Airlines Reports 8.53% YoY Passenger Turnover Growth in September

According to its September operational report, China Eastern Airlines (00670) reported passenger turnover increased 8.53% year-over-year, while load factor stood at 87.38%, down 0.19 percentage points from a year earlier. Cargo and mail turnover saw stronger growth, rising 12.42% YoY. The airline's passenger capacity input (measured in available seat kilometers) grew 8.77% YoY in the period, with the fleet expanding to 837 aircraft as of end-September.
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11:32
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Larry Fink Warns Data Center Moratorium Would Spark U.S. Recession Amid AI Buildout

According to CNBC, BlackRock CEO Larry Fink warned in mid-October that a national halt to data center construction would risk pushing the United States into recession, arguing that AI infrastructure investment has become a major source of economic activity. Fink stated, "If we have a moratorium of some sort in this country, we will be in a recession," adding that much of the public concern is "based on misinformation." His comments followed BlackRock's quarterly results and amid mounting local d
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11:31
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Fission Completes $10M Series A Funding Led by Pantera Capital in September

According to Odaily, Fission completed a $10 million Series A funding round in September, led by Pantera Capital with participation from Circle Ventures, Borderless Capital, and Ari Rubenstein. Valuation was not disclosed. Fission provides tokenized fund liquidity services, enabling investors to sell fund shares immediately without waiting for fund redemption processing. After connecting a digital wallet and submitting a sale request, Fission handles legal and transaction procedures. CEO Jonatha
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11:28
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Shanghai Communist Party Chief Chen Jining Meets Singapore Wilmar International CEO Guo Kongfeng

Shanghai Communist Party Chief Chen Jining met today with Guo Kongfeng, chairman and chief executive officer of Singapore-based Wilmar International Group. Chen said China's recent National Health Conference has deployed systematic measures for a healthy nation, emphasizing the need to adopt a comprehensive food security perspective. He welcomed Wilmar to capitalize on evolving consumer preferences and market opportunities in China, calling for deeper research and development efforts, expanded b
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11:27
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TSMC Confirms Terafab Expansion Talks with Musk; CEO Insists on Operating Fab on Thursday

According to Tom's Hardware, TSMC CEO C.C. Wei confirmed during the company's earnings call on Thursday that it is considering expanding its American semiconductor production capacity beyond Arizona, with Texas as one of the evaluation options. Wei stated that TSMC is in discussions with Elon Musk regarding the use of Terafab, but stressed that if TSMC participates in the project, the fab must be operated by TSMC itself. "Either way, it will be possible, but the fab has to be run by TSMC," Wei s
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11:26
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JD.com Reveals Productive Services Scale Exceeds 300 Billion Yuan at Oct 15 Launch Event

According to JD.com's official announcement at its 2026 11.11 launch event on October 15, the company unveiled its productive services capabilities for the first time, having already exceeded 300 billion yuan in annual service scale in 2025. JD.com serves over 10 million enterprise clients across research, production, operations, and sales, covering five major service categories with more than 200 offerings. The company aims to become China's largest modern productive services enterprise, levera
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11:26
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Draghi Says AI-Driven Growth Can Help U.S. Stabilize Debt If Congress Cuts Deficit

Former European Central Bank President Mario Draghi stated that if U.S. policymakers reach consensus on deficit reduction, stabilizing the nation's debt would not require extraordinary efforts. Given artificial intelligence driving expansion in the world's largest economy, Draghi said he has long held the view that the U.S. does not need to make exceptional sacrifices to reduce its substantial debt burden.
11:23
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Musk Warns China Will Mass-Produce RAM by 2028, Threatening South Korea's Memory Industry

According to Elon Musk's post on X on October 15, China will be able to mass-produce random access memory (RAM) by 2028, prompting warnings from South Korean financial analysts about potential supply oversupply in 2029. Musk's comment, which responded to analysis from South Korean financial media, also criticized certain memory suppliers' pricing strategy as unacceptable, while publicly endorsing Micron's approach. Samsung Electronics and SK Hynix, which dominate the global DRAM market alongside
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11:21
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Tong Cheng New Materials Invests 459 Million Thai Baht in RA Thailand on October 15

According to a company announcement on October 15, Tong Cheng New Materials' wholly-owned subsidiary Hong Kong Tong Cheng Group committed 459 million Thai baht (approximately 91.8 million Chinese yuan) to RA Thailand, with co-investor Gold Dynasty committing the remainder of a combined 900 million Thai baht investment. Following the investment, Hong Kong Tong Cheng Group and Gold Dynasty will maintain their shareholdings at 51% and 49% respectively in RA Thailand, which remains a non-wholly-owne
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11:21
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Musk Says Trump Has Final Authority Over Starshield Speed Caps After Ukraine Complaint on October 14

According to Ukrainian defense advisor Serhii Beskrestnov, SpaceX implemented speed restrictions on Starshield military terminals on October 14 without advance notice, limiting connection speeds during mobile operations and disrupting some Ukrainian military missions. SpaceX founder Elon Musk responded the same day via X, stating: "Starshield is owned and controlled by the U.S. government. Any speed or usage limits are determined by the U.S. military, with final authority resting with the U.S. P
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11:18
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EBA Designates USDC as EU's First Significant E-Money Token, Regulatory Oversight Shifts from November 12

According to BlockBeats, the European Banking Authority (EBA) designated USDC issued by Circle as the European Union's first significant e-money token under the Markets in Crypto-Assets Regulation (MiCA) on October 15. USDC became the first of 45 notified e-money tokens in the EU to reach this classification. From November 12, the EBA will assume direct oversight of USDC's own funds, reserve assets, liquidity requirements, and recovery and redemption plans, responsibilities currently held by Fra
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11:17
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Angola Aims to Maintain Crude Oil Production Above 1 Million Barrels Per Day Through 2027

According to Jin10, Angola aims to maintain crude oil production above 1 million barrels per day through 2027, President João Lourenço said in his annual address on October 15. The announcement aims to offset declining output from mature oil fields. Oil Minister Diamantino Azevedo previously stated that Angola plans to sustain this production level with support from new investments and oil field discoveries. Oil and gas remain critical to Angola's economy and public finances.
11:13
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Cleveland-Cliffs Q3 Earnings Due Oct 19; Elevated Volatility Expected After July's 16% Jump

According to CNBC contributor Michael Khouw, steel producer Cleveland-Cliffs (CLF-US) will release third-quarter earnings premarket on Monday, October 19. The announcement fuels elevated expectations for stock price volatility, as the company's shares surged nearly 16% in a single day following July earnings, nearly double its historical average post-earnings move of approximately 8%. Traders have responded by increasing purchases of short-term options, pushing implied volatility higher. As of S
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11:13
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StandX to Shut Down Operations, Scrap Token Launch After 11 Months

StandX, a decentralized perpetual futures exchange co-founded by former Binance Futures head Aaron Gong, announced on October 15, 2026, that it will cease operations and abandon its planned native token launch following a business review. The platform served over 237,000 users and reached peak total value locked exceeding $200 million since its mainnet debut in November 2025. Effective October 20, perpetual futures contracts will enter reduce-only mode, allowing traders to close positions but pr
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11:13
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Fed October Rate-Hike Odds Jump to 50% After 3.7% CPI, Then Retreat to 31.6% on October 14

According to CME FedWatch, on October 14, market pricing for a 25-basis-point rate increase in the Federal Reserve's October 28 meeting shifted dramatically after the release of September's CPI report. Odds jumped to roughly 50% from 22% before the data, then retreated to 31.6% by evening as traders reassessed the numbers. September consumer prices rose 3.7% year over year, above the 3.4% reading in August, with core CPI advancing 2.6% annually, exceeding economist expectations of 2.5%, accordin
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11:12
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Elon Musk Calls Out Memory Makers for Extortionate Pricing; Micron Reports 90% Margin on Consumer RAM

According to Tom's Hardware, Elon Musk recently criticized Samsung Electronics and SK Hynix for 'extortionate' memory chip pricing during an unprecedented shortage of DRAM and high-bandwidth memory (HBM), while praising Micron for taking a 'reasonable' approach. However, Micron's latest quarterly financials contradict this narrative: the company reported an 81% gross margin overall in Q4 fiscal 2026, with its mobile and client memory unit achieving a 90% gross margin.
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