Gate Crypto Flash News and Market Updates

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.

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

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.

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.

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

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.

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

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.

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

According to Coinglass data, should BTC break through $86,493, cumulative short liquidations on major CEX would reach $608 million. Conversely, if BTC falls below $79,269, cumulative long liquidations would hit $608 million.

According to BlockBeats, citing Farside data, U.S. spot Bitcoin ETFs recorded net outflows of $678.9 million this week as of October 11, while Ethereum spot ETFs experienced outflows of $542.2 million during the same period.

According to Puhui News, on October 10, U.S. President Trump called for Ukraine to replace President Zelenskyy, stating the latter was "creating trouble for the whole world" by continuing to authorize strikes on Russian oil refineries. Ukraine's Foreign Minister responded by reaffirming that Zelenskyy enjoys the support of the Ukrainian people.

According to New York's JFK Airport, a U.S. Customs and Border Protection system outage today (October 11) impacted security screening for arriving passengers. The airport confirmed the issue is nationwide and advised travelers to prepare for extended processing times.

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.

According to the World Health Organization, on October 10, WHO found no evidence of sustained transmission related to a death of a researcher at Russia's Institute for Plague Control in Irkutsk, Siberia. However, the pathogen causing the fatal illness has not yet been identified.

According to Treasury Secretary Bessent, the U.S. Treasury debt repurchase program, which began in May 2024, is not unprecedented as Senator Elizabeth Warren claimed. In a letter responding to Warren's concerns, Bessent stated the initiative has been welcomed by market participants and aims to enhance liquidity in the Treasury market, reduce volatility, and improve returns for taxpayers.

According to ChainCatcher, trader Rune revealed today that PaperTrade's official documentation discloses a Best Bid and Offer (BBO) price manipulation vulnerability at the protocol level. The flaw allows attackers to exploit Hyperliquid's order book to manipulate prices, involving unresolved pricing mechanisms, contract economics, and risk exposure controls. Community member boblob subsequently identified two wallets suspected of exploiting this vulnerability through approximately $20 million in

According to Circle's official data, USDC circulating supply decreased by approximately 800 million over the past seven days through October 8, with 9.7 billion USDC issued and 10.5 billion redeemed. The total circulating supply now stands at 73 billion. Circle's reserves totaling approximately 73.2 billion USD are composed of overnight reverse repurchase agreements of about 36.3 billion USD; Treasury securities with maturities under three months of approximately 26.9 billion USD; systemically i

According to MarketWatch citing Nikkei Asia, Apple reduced component orders for iPhone 18 Pro and iPhone 18 Pro Max by approximately 15% in early October due to weaker-than-expected demand. The company had informed multiple suppliers to lower production for the two recently launched flagship models. Apple's stock fell 1.1% on Friday, closing at $336.64 per share. Demand in China remained relatively strong following the handsets' September launch, though global demand appeared softer amid rising

According to Guru Club, Li Lu, founder of Himalaya Capital, stated recently at Columbia Business School's 36th Graham & Dodd Annual Lunch that AI development differs fundamentally from traditional technologies like the internet. Unlike infrastructure-heavy technologies that enable low-cost reuse after initial capital investment, AI requires perpetual incremental spending. This ongoing cost structure, combined with capital discipline and technology adoption limits, creates multiple constraints th