Gate Crypto Flash News and Market Updates

According to HTX market data, Solana (SOL) broke below $110 on October 8, trading at $109.99 with a 24-hour decline of 5.18%.

According to CoinDesk, Senator Richard Blumenthal, a senior Democrat on the Senate investigation team, has sent a letter to Cantor Fitzgerald CEO Brandon Lutnick requesting information about the financial relationship between the stablecoin issuer Tether and the financial services company. Cantor Fitzgerald manages and holds Tether's reserve assets in the United States and maintains multiple other business interests with the stablecoin issuer.

After US nonfarm payrolls data was released, Bitcoin surged to $87,000 before pulling back to $86,773, gaining over 3% during the day.

According to Anthropic's official announcement, the company launched Cyber Mission, a cybersecurity initiative, on October 9. The program has two tracks: a critical infrastructure defense plan supporting 11 security vendors including Accenture, CrowdStrike, Deloitte, and PwC with advanced Claude models, on-site engineers, and threat research; and OSS Scanner, which provides free vulnerability scanning and remediation recommendations for selected open source projects with over 90% true positive r

According to Whale Alert, 818 Bitcoin (valued at approximately $66.9 million) were transferred from Coinbase Institutional to an unknown wallet on October 8, 2026.

According to Gemini's official announcement, the cryptocurrency exchange and custodian has upgraded its custody services by implementing Multi-Party Computation (MPC) technology. The upgrade enables withdrawals to be completed in minutes and allows users to approve transfers using their own passkeys. The new system also expands support for various blockchains, enhancing flexibility in managing crypto assets.

According to Chainlink, the company has launched LinkLab, a masterclass initiative designed to help developers build more secure cross-chain applications using CCIP 2.0 technology. The program highlights improved control over speed, security, and compliance, enabling developers to create faster and more robust cross-chain solutions. More details are available in Chainlink's official announcement.

On Thursday, Google Cloud introduced Gemini Agent, a workplace AI designed to run continuously across Gmail, Docs, Sheets, Slides, Drive, Chat and Calendar while connected to Microsoft 365 and Slack. CEO Thomas Kurian presented the product at Google's Gemini at Work event. Managers can create coworker agents with dedicated Workspace email addresses, calendars, Drive storage and company directory listings; each agent's actions are tracked in separate audit trails. The agent connects to Salesforce

According to Jin10, crude oil futures surged at the close on October 9. WTI November contract rose 3.21 dollars to 91.49 dollars per barrel, up 3.64%; Brent December contract rose 4.08 dollars to 104.28 dollars per barrel, up 4.07%.

According to Jin10, the U.S. Dollar Index fell 0.1% to 102.138 on October 9 as the dollar weakened against major currencies. The euro rose to 1.1209 against the dollar from 1.1199 the previous day, while sterling climbed to 1.3225 from 1.3219. The yen strengthened to 157.86 per dollar from 157.96, and the Swiss franc firmed to 0.8316 from 0.8330.

According to the White House, President Trump will visit Syracuse, New York on Friday to hold a Columbus Day celebration event at 11 a.m. Eastern Time.

The U.S. military is preparing a large-scale strike plan against Iran, with three carrier strike groups deployed toward the Middle East, despite repeated opposition from President Trump. In recent statements, Trump indicated that the U.S. and Iran are engaged in productive discussions and ruled out military action before the midterm elections.

According to the National Hurricane Center (NHC), Hurricane Isaias has reached wind speeds of 100 miles per hour, as confirmed by reconnaissance aircraft today (October 8). The NHC urged residents in the warning zone to complete all preparations against storm surge and destructive winds immediately to protect lives and property.

According to Financial Times, Starbucks has explored a possible takeover of Chipotle with advisors in recent months, a move that would reunite CEO Brian Niccol with the burrito chain he previously led. The $41 billion Chipotle deal would rank as the largest restaurant acquisition in history. Wall Street analysts are divided: Stephens sees strategic value citing shared real estate and customer overlap, while RBC and TD Cowen doubt the rationale, arguing synergies would not justify the transaction

On Thursday (October 8), spot gold rose 0.52% to close at $4,132.62 per ounce in New York, trading near session highs for most of the session. Spot silver declined 1.04% to $59.1632 per ounce, spending over half the trading day in negative territory. COMEX copper futures fell 1.37% to $6.5595 per pound after posting gains earlier in Asia-Pacific trading, when prices peaked at $6.7630 per pound at 09:47 Beijing time, before declining throughout the U.S. session.

SpaceX announced an agreement on Thursday to purchase a spectrum portfolio from Grain Management as it expands its Starlink service into the U.S. telecommunications market. The deal involves acquisition of up to 14 megahertz of paired spectrum in the 800 MHz band and is subject to Federal Communications Commission approval. Shares of AT&T, Verizon, and T-Mobile tumbled in extended trading following the announcement.

According to Yicai, yesterday evening (October 8), the cryptocurrency market saw a sharp selloff with over 110,000 positions liquidated within 24 hours, according to Coinglass data. Bitcoin plummeted over 3% to $83,511, marking its lowest level in a week, while Ethereum fell nearly 5%, Solana dropped nearly 3%, and tokens like HYPE, XRP, and ZEC declined over 4%. The crypto decline was triggered by a broader market shock that also hit traditional commodities. Spot gold crashed below $4,100 per o

According to the New York Times, the Pentagon recently drafted a three-day military strike plan against Iran, though President Trump has expressed hesitation over the proposal.

Elon Musk announced that Spectrum, Starlink's mobile network service, will provide complete mobile coverage across the United States.

According to Coinglass data, Binance saw a net inflow of 213 million USDT in the past 24 hours.