Gate Crypto Flash News and Market Updates

On October 20, Switzerland's financial regulator FINMA approved the country's first retail exchange-traded fund that invests directly in Bitcoin. The fund received an exemption from risk diversification rules, which FINMA justified by Bitcoin's long trading history and particularly high trading volume compared with other cryptocurrencies. The regulator did not disclose the fund issuer or launch date, but noted that other providers have submitted or announced applications for Bitcoin ETFs.

According to Citadel Securities' Scott Rubner on Tuesday (Oct 20), AI stocks are expected to outperform after the U.S. midterm elections as investors resume positioning in the sector. Rubner noted that institutional clients are awaiting political clarity before re-entering, while retail investors continue buying on dips. The Philadelphia Semiconductor Index has fallen nearly 16% over eight consecutive trading days, with the Nasdaq 100 down 5.5% last week. Retail buying in semiconductors and memo

According to Bloomberg, CBOT corn futures fell 1.18% on Tuesday (Oct 20), while wheat futures dropped 1.91% and soybean meal futures tumbled 1.83%. The Bloomberg Commodity Index declined 1% to 31.2360 points before reversing sharply after reaching an intraday high of 31.7319 points earlier. CBOT soybean futures slipped 0.41% to $12.6275 per bushel, while soybean oil futures remained roughly flat. On the livestock side, lean hog futures rose 1.21%, live cattle futures gained 0.93%, and feeder cat

According to @whalealert, 24,544 ETH valued at approximately $60 million was transferred to the Beacon Depositor on October 20. The source wallet remains unidentified.

Onshore yuan strengthened to 6.6781 against the U.S. dollar as of 03:00 Beijing time on Tuesday, gaining 29 pips from Monday's evening close. Trading volume reached 41.483 billion dollars.

President Trump stated today that he has been discussing with Russian President Putin the release of American citizen Hubbard, who is currently detained by Russia. Trump said it is time for Hubbard to return home.

France's Interior Minister Nunez announced today (October 20) that the government will deploy soldiers from Operation Sentinel to assist police and military police in managing potential violence during anticipated protests scheduled for October 24. According to Nunez's statement to the National Assembly, the soldiers will primarily serve as fixed security personnel, reducing pressure on law enforcement and enhancing their operational mobility.

According to BitGo Research, Bitcoin's sensitivity to Consumer Price Index (CPI) surprises has strengthened significantly since 2020. The research indicates that the current interest rate regime amplifies Bitcoin's price movements in response to CPI data. Additionally, macro traders are increasingly using Bitcoin to express their views on inflation and economic policy, reflecting a growing shift in how the cryptocurrency is utilized in financial markets.

According to BitGo, 112 million Americans desire direct cryptocurrency support from their banks, the digital asset custody provider revealed recently. The finding, shared via BitGo's social media, reflects growing consumer demand for crypto integration within traditional banking services. BitGo, a leading institutional digital asset custody provider, offers secure storage solutions for cryptocurrencies to institutional clients.

According to ICE, on October 20, the U.S. Dollar Index fell 0.29% to 101.685 points at the close of New York trading, with an intraday range of 101.982-101.506 points. The Bloomberg Dollar Index declined 0.25% to 1220.19 points, with an intraday range of 1222.99-1218.40 points, hitting the daily low at 22:30 Beijing time.

According to a joint statement by the Israeli Defense Forces and Israel Security Agency, Israeli forces conducted a precision airstrike on Gaza City on the evening of October 20, killing senior Hamas security official Yassin.

According to Token Terminal, Stellar's stablecoin on Arc increased by $75.5 million in the last week, as the overall stablecoin market cap on Arc grew by $219.9 million. Sui and Aptos stablecoins also recorded increases of $54.4 million and $36.3 million respectively during the same period.

According to its X account, Robinhood Crypto officially announced the launch of Robinhood Chain, a new blockchain infrastructure aimed at serving builders and developers within the crypto ecosystem. The announcement sparked strong community engagement, with the post receiving 793 likes, 101 retweets, and 374 replies, indicating robust market interest in the initiative.

U.S. President Donald Trump stated today (October 20) that relations with Iran are progressing very well.

On Tuesday, Google announced TorchTPU, an open-source version of PyTorch optimized for its Tensor Processing Units (TPUs), joining Amazon in challenging Nvidia's dominance in the AI development space. PyTorch, used by an estimated 85% of AI applications, was originally built to work primarily with Nvidia's GPUs. TorchTPU allows developers to move existing PyTorch applications to Google Cloud with simple configuration changes and no code rewriting. Google collaborated with Meta, Hugging Face, and

According to OpenAI, ChatGPT users can now lock conversations on Tuesday to keep sensitive chats private when sharing their device with others. Locked chats can be secured with a four-digit PIN, Face ID, or Touch ID on supported devices. Unlike Temporary Chats, locked conversations remain accessible in a dedicated "Locked Chats" section and don't disappear from chat history. With Memory enabled, locked chats maintain separate memory isolated from regular conversations. The feature rolls out acro

According to Business Insider, Amazon Web Services (AWS) is expected to acquire Nvidia GB300 racks valued at $5 billion.

According to Coinglass data, if Bitcoin falls below $78,384 today, major CEX cumulative long liquidations would reach $1.846 billion. Conversely, if BTC breaks above $86,554, major CEX cumulative short liquidations would reach $963 million.

WTI November crude oil futures settled at $101.79 per barrel on October 20, after reaching an intraday high of $110.48 at 19:36 Beijing time.

According to Starknet's official announcement, the Starknet Foundation launched Bramble, a self-custody wallet designed to give users enhanced control over their cryptocurrency assets. The wallet enables users to securely swap and store digital assets, prioritizing user autonomy in asset management.