Gate Crypto Flash News and Market Updates

According to Zhongcai Futures research published on October 13, Houthi forces launched fresh strikes on Saudi Arabian airports and air force bases, while Iranian forces escalated attacks on vessels in the Persian Gulf. At least 10 super tankers withdrew from Fujairah, potentially disrupting ship-to-ship transfer operations within the strait. These developments added volatility to crude oil markets. International oil prices rose in the near term amid the geopolitical uncertainty, while China's SC

According to Uanalyze, on October 12, the Nasdaq fell 0.44% to 27,245.90 points amid oil price surge and rate hike concerns. The Philadelphia Semiconductor Index dropped 2.7% to a three-week low. Crude oil futures jumped nearly $2 per barrel after Saudi Arabia's Riyadh International Airport was targeted over the weekend, amplifying inflation and interest rate concerns. Microsoft rose 1.1% and became the first major tech firm whose market cap returned to $4 trillion in a year, driven by its self-

Bank of Japan Governor Ueda Kazuo is scheduled to attend parliament today at 1:00 PM JST (October 13).

According to The Block on October 12, TD Cowen's Washington Research Group, led by analyst Jaret Seiberg, forecast that the U.S. Commodity Futures Trading Commission's (CFTC) new digital asset regulatory framework could take until early 2028 to finalize. Seiberg noted the CFTC may release draft rules by late Q1 or early Q2 2027, with final confirmation potentially extending into early 2028. The timeline reflects regulatory complexity and the potential for policy shifts around the 2028 U.S. presi

According to BlockBeats, on October 13, OPay Digital Services Ltd., backed by SoftBank Group, plans to raise approximately $500 million through an initial public offering and private placements in New York. The fundraising includes a parallel private placement of $200 million with Standard Bank Group Ltd.

On October 12, Microsoft announced its third-generation custom-designed AI chip Maia 300, with plans to deploy over 1 million units next year to support internal AI services. The company aims to improve overall system efficiency and reduce computing costs through this large-scale deployment. The move reflects the broader industry trend of cloud providers and AI developers seeking to reduce reliance on Nvidia chips.

According to Coinglass, the crypto market experienced $149 million in liquidations in the past hour, with long positions accounting for $146 million and short positions for $3.64 million. Bitcoin saw $48.52 million in liquidations while Ethereum liquidations reached $45.38 million.

According to OKX data, BLUR fell over 27% in 24 hours, trading at $0.01384 as of the latest update. Blur announced on X that its frontend blur.io will be discontinued on November 12, 2026. The protocol emphasized that only the frontend is being shut down; the Blur marketplace protocol will continue operating on-chain, with BLUR maintaining control of its fee switch.

According to MSX.COM data, U.S. tech stocks closed with mixed results on October 13, with Meta up over 3%, Apple and Microsoft each up over 1%, while Nvidia, Amazon, Tesla, and Broadcom each fell over 1%. Storage, optical communication, and computer hardware sectors declined sharply. Quantum fell over 9%, Corning dropped 6%, SanDisk fell nearly 6%, SK Hynix and Super Micro Computer each fell over 4%, while Micron Technology and Seagate Technology each fell over 3%.

According to Coinglass, over the past hour, global liquidations reached $149 million, with long positions accounting for $146 million and short positions accounting for $3.67 million. Bitcoin liquidations totaled $48.52 million, while Ethereum liquidations reached $45.38 million.

According to Yonhap News, on October 12, South Korea's central bank governor Shin Hyun-song addressed parliamentary questions on the appropriateness of raising interest rates as semiconductor exports drive economic growth. During a parliamentary audit at the Bank of Korea, Democratic Party lawmaker Kim Tae-nyeon questioned whether monetary policy decisions should remain focused on overall economic metrics when semiconductor boom benefits are not evenly distributed across sectors. Shin responded

Japan's Economy Minister Akira Akasaka switched to virtual participation in the International Energy Forum (IEF) conference on October 12 following attacks on Riyadh.

According to CEO Gary Dickerson, Applied Materials unveiled its $5 billion EPIC Center facility on a 600,000 square-foot site in Sunnyvale, California. The company expects revenue to double in coming years without a proportional increase in headcount, as it deploys AI tools across product development, quality control, and manufacturing efficiency. Dickerson stated the company will apply AI to enhance chip yields and wafer throughput in partnership with key customers including TSMC, Intel, Samsun

Japan's bank lending, including trust accounts, rose 5.3% year-over-year in September, down from 5.4% in the previous month.

In September, Japan's bank lending (excluding trust accounts) grew 5.7% year-over-year, down from 5.8% in the prior month.

According to Agence France-Presse, on October 12, Houthi Political Bureau member Bouhaiti warned the U.S. not to intervene in Yemen, threatening swift and painful retaliation. Bouhaiti stated that if the U.S. participates in any aggression against Yemen, the Houthis will respond decisively and target all American interests in the region.

Japan's Corporate Goods Price Index fell 0.3% month-on-month in September, missing the expected 0.5% gain. The decline represents a further softening from August's 0.2% drop, indicating continued deflationary pressure on domestic producer prices.

According to data from Japan's Bank, the nation's Corporate Goods Price Index (JIP) fell to 6.8% year-over-year in September, down from 7.6% in August and below the expected 7.6%, marking a 0.8 percentage point monthly decline.

Japanese Finance Minister Katakage Koyutsuki will become chair of the International Monetary Fund and World Bank Development Committee starting April 2027.

According to Panama's University Institute of Earth Sciences, a 6.3-magnitude earthquake struck western Panama on October 12 at 6:20 PM local time, with its epicenter located approximately 32 kilometers southwest of Soná in Veraguas Province and a depth of 10 kilometers. No casualties or property damage have been reported so far.