Gate Crypto Flash News and Market Updates

According to Lookonchain, an Ethereum address faced multiple liquidations over the past 10 hours, totaling 8,163 ETH worth approximately $19.78 million.

According to MSX.COM, SNXXUSDT rose 10.0% in 24 hours to 9.76000 USDT.

According to Bank of America, storage chip stock valuations have already hit bottom in recent weeks, and market concerns about a shift from AI storage boom to decline are overblown. The bank predicts that average selling prices, revenue, and profit margins for storage chips will maintain super-cycle levels through 2027 and 2028, with absolute profit levels remaining near historical highs despite slowing growth rates.

According to Jin10, Shengda Resources announced on October 19 that it expects Q1-Q3 2026 consolidated net profit of 660–700 million yuan, representing growth of 104.57%–116.96% year-over-year. The company attributed the increase to expanded mining and ore-processing capacity at its wholly-owned subsidiary Inner Mongolia Jinshan Mining following 2024 technical upgrades, combined with higher production volumes and rising precious metal prices in the first three quarters of 2026.

According to Iranian media, Emirates announced the cancellation of flights to Dammam, Jeddah, and Riyadh in Saudi Arabia through October 24.

According to Binance, the exchange opened voting for The Blockchain 100 on October 19, allowing users to vote on shortlisted project candidates. The initiative aims to enhance community engagement and give users a role in decision-making processes. Binance announced the move via official social media, reflecting the platform's commitment to user involvement in shaping the future of blockchain developments.

According to Bitfinex's official announcement, the cryptocurrency exchange is hiring a Transaction Monitoring Analyst to strengthen its compliance capabilities. The position emphasizes blockchain analysis to prevent financial crime and aligns with the exchange's commitment to regulatory compliance in the crypto sector.

According to Coinglass, Binance experienced net outflows of $34.28 million USDT in the past hour.

According to Yonhapnews, South Korean President Lee Jae-myung said on October 19 that the government is evaluating policy measures to stabilize the stock market amid recent declines that have reduced holdings by the National Pension Service in domestic stocks. Lee stated the government will present a comprehensive report in the coming days and take necessary actions.

According to Bitget's official announcement today, the platform has added 108 new stock rTokens including rTCEHY (Tencent ADR), rBYDDY (BYD ADR), rXIACY (Xiaomi ADR), and rVWAGY (Volkswagen ADR). The new listings cover global ADRs, space technology, and clean energy sectors. Bitget now supports a total of 3,035 rTokens across its platform.

According to Securities Times, at the 2026 Financial Street Forum, Zhu Hegui, Vice Governor of the People's Bank of China and Director of the State Administration of Foreign Exchange, stated that China will strengthen monitoring and early warning of cross-border capital flows, crack down on illegal cross-border financial activities, maintain stable operation of the foreign exchange market, and ensure the safety, liquidity, and value appreciation of foreign exchange reserves.

Last week, AI infrastructure investors experienced a credit market repricing when CoreWeave, Nvidia's major customer and a leading cloud GPU rental provider, faced stock and bond selloffs. The cloud compute provider's stock fell over 25%, while its 2031-maturity bonds dropped to 78-80 cents on the dollar with yields reaching 15.6% to 16.2%. Five-year credit default swap spreads widened to 1,194.5 basis points, with implied default probability exceeding 60%. The repricing reflects a fundamental s

According to CXMT, the Chinese memory chipmaker's shares closed 7.8% lower on October 19 despite forecasting net profit of 131 billion to 132.5 billion yuan (US$19.6–19.8 billion) for the nine months ended September 2026, a turnaround from a 5.3 billion yuan loss a year earlier. CXMT attributed the recovery to AI-related chip shortages and higher DRAM prices. Counterpoint Research data showed CXMT's global DRAM revenue share jumped to 10% in Q3 2026 from 5% a year prior.

According to Financial Times, crypto lending vaults' deposits have surged to $10 billion, up from $4 billion a year ago, driven by investor demand for digital asset yield strategies. These vaults operate via smart contracts on decentralized finance platforms, with each vault managed by a curator who selects lending strategies and sets risk limits. Yields typically range from 3% to 10%, though higher-risk strategies can offer 20% or more. Risks include collateral volatility, liquidation cascades,

According to FX News Group, Revolut's newly established entity Revolut Global Digital Assets Limited (RGDAL) has received a distributed ledger technology (DLT) provider license from the Gibraltar Financial Services Commission (GFSC). The license will support Revolut's international operations and crypto services in key expansion markets. Further details on target regions and service launch timelines will be announced separately.

According to Phala Network, attackers exploited a dstack guest-agent vulnerability between October 8-12 to read container logs and environment variables from a limited number of Phala Cloud customer applications. On one host node, attackers also leveraged a network isolation flaw between the confidential virtual machine (CVM) and host management service to steal a gateway admin token and modify certificate configurations. TEE keys, KMS keys, customer disks, and host nodes were not compromised. P

According to HTX market data, on October 19, Bitcoin returned to $83,096, up 1.09% in the past 24 hours.

According to Guru Club, China's State Administration of Foreign Exchange announced a series of incremental policy measures on October 19 to support enterprises in international markets. The measures include facilitating current account settlements for foreign trade enterprises, optimizing capital account foreign exchange management to support cross-border investment and financing, and expanding securities company foreign exchange business pilots. The administration also aims to enhance exchange

According to Jin10 Futures, CF2701 cotton futures contract fell 90 yuan to 15,790 yuan per ton on October 19, as new-season cotton entered the market at an accelerated pace. Xinjiang cotton picking progressed faster than the same period last year, while mills adopted a cautious purchasing stance; spot basis remained firm with low transaction volumes. International markets showed similar weakness. ICE December cotton futures declined 6 points to 80.00 cents per pound on October 16, as traders dig

According to Schwab CEO Rick Worscht, major financial platforms including Schwab, JPMorgan Chase, and Bank of America are blocking multiple AI agents weekly. The platforms restrict third-party AI agents' operational permissions, prohibiting fund transfers while allowing queries of account balances and research materials through dedicated MCP servers. Worscht cited unclear responsibility allocation after third-party AI agent failures as the primary reason for restricting external AI integrations.