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
19:53
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U.S. 10-Year Treasury Yield Falls 2.52bp to 5.21% Following Long Weekend

On Tuesday, October 13, U.S. Treasury yields declined across the curve following Monday's market closure. The 10-year Treasury yield fell 2.52 basis points to 5.2126%, trading as low as 5.1706% during the session. The 30-year Treasury yield declined 3.41 basis points to 5.5614%, while the 2-year yield held steady at 4.7869%.
19:52
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OpenAI Discovers Hidden Recording Device in Office, Transfers Case to FBI

According to an official statement, OpenAI recently discovered a covert recording device hidden in one of its offices. The company has transferred the matter to the Federal Services Bureau (FBI). Using its model to analyze the device and its origins, OpenAI identified a specific employee who placed the device days prior. The company stated there is no evidence of unauthorized access to model weights, source code, or customer data.
19:51
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ICE Plans to Launch Livestock Futures by December 7, Challenging CME's Dominance

According to ICE executives, the Intercontinental Exchange plans to launch cattle and hog futures contracts targeting December 7 to compete with CME Group, which currently dominates the livestock derivatives market. The exchange will offer live cattle futures with physical delivery and three cash-settled cattle and hog price contracts, pending regulatory approval.
19:44
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Micron Shares Decline on CXMT Progress; Gerber Cites $32B Customer Commitments

Micron (MU) shares fell on Tuesday (October 13) as Chinese memory chipmaker ChangXin Memory Technologies (CXMT) reported advances on a 4F square cell architecture designed to increase storage density. Investment advisor Ross Gerber of Gerber Kawasaki responded to the selloff, noting that Micron has multi-year supply contracts and strong customer commitments that should insulate the company from competitive threats. Micron disclosed on September 30 that it has signed 26 strategic customer agreeme
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19:44
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Bitcoin Chart Shows Familiar Pattern to Pre-Rally Setup at $84,000 Support, Oct. 13

According to crypto analyst Ali Martinez on X on Oct. 13, Bitcoin's chart displays a pattern similar to the setup before its previous rally. The key level is $84,000, Bitcoin's recent average price; traders watch closely for when BTC climbs back above this threshold, as such breaks have historically marked market bottoms turning into recoveries. Meanwhile, Bitcoin's largest holders are accumulating amid the decline. Data from Santiment shows major accounts added 16,010 BTC in five days, worth ap
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BTC0.65%
19:43
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Advanced Packaging Becomes Key Focus in AI Chip Race as Process Miniaturization Slows

According to Wall Street Journal, advanced packaging technologies have become central to AI chip competition, as the limits of process miniaturization and escalating costs make it more efficient to integrate multiple chips rather than rely solely on shrinking transistor sizes. Applied Materials reported in August that its packaging-related revenue is expected to grow more than 70% this year, underscoring the shift in industry focus. TSMC has converted legacy foundries into packaging facilities a
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19:41
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Bitcoin Whale Moves $377M in Holdings to Five New Addresses on Oct. 12

According to blockchain data, a Bitcoin whale wallet holding 4,581.94 BTC sent its entire balance, worth about $377 million, to five new addresses on Oct. 12. The transfer confirmed in block 971,126, with four of the receiving addresses receiving exactly 1,000 BTC each and the fifth receiving 581.94 BTC. The transaction paid a fee of 732 satoshis, or about 60 cents. As of Oct. 13, the wallet has held the same coins since March 2020, when they were worth approximately $40.5 million.
BTC0.65%
19:39
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Kalshi Hits $3.9B in Weekend Nominal Trading Volume, Parlay Bets Drive 70%

According to Bitcoin.com analysis, U.S. prediction market platform Kalshi recorded a single-day nominal trading volume of $3.9 billion over the weekend, with parlay combination bets accounting for approximately 70% of the total weekend volume. The analysis noted that nominal trading volume measures the contract face value size rather than actual cash deployed by buyers or reflecting new user acquisition, and thus does not directly reflect Kalshi's real capital inflow or user growth.
19:37
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Iran's Revolutionary Guard Navy Commander Threatens to Sink U.S. Warships Near Hormuz Strait on October 13

According to Jin10, on October 13, Iranian Islamic Revolutionary Guard Corps Navy Commander Azmayee stated that U.S. military vessels have become ineffective and are stationed 700 kilometers away from the Strait of Hormuz because they dare not approach. Azmayee said Iran is waiting for American warships to get closer to the strait's entrance and will sink them, adding that the country's military equipment is now more advanced and personnel are better prepared than ever.
19:34
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Turkish Airlines Flight Issues Hijack Alert at Nuremberg Airport on Oct 13, Lands Safely

According to Xinhua, Nuremberg airport in southern Germany suspended operations on Oct 13 after a Turkish airline flight from Crete to Nuremberg issued code 7500, signaling a potential hijack. The aircraft, operated by Turkish Corendon Airlines (flight XR456), experienced radio communication difficulties. Police deployed special forces and fighter jets were scrambled as a precaution. Authorities later determined a radio equipment malfunction was likely the cause. The flight landed safely with al
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19:32
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DRW and Marex Execute First On-Chain OTC Swap Using Tokenized S&P Benchmark

According to Finance Feeds, DRW and Marex executed the first over-the-counter derivative swap on the Canton Network's Derivnex platform, referencing a tokenized S&P Dow Jones Indices credit benchmark. Kaiko tokenized the iBoxx USD Liquid Investment Grade Index and supplied official index values to value the swap throughout its lifecycle, with the transaction represented as a smart contract enabling synchronized record-keeping between counterparties.
CC4.64%
19:27
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Bitcoin Bottomed Near $60K, Entering Bull Market to Return Above $100K: Saylor

According to Bloomberg, on October 14, Michael Saylor, co-founder and executive chairman of MicroStrategy, stated that Bitcoin has bottomed near $60,000 and is entering a bull market, asserting it will "certainly return above $100,000." Saylor said Bitcoin is currently moving toward $80,000 and projected long-term annual growth rates of 20–30% over the coming years. MicroStrategy plans to increase its Bitcoin holdings during the bull market and issue additional credit securities to finance purch
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BTC0.65%