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
11:56
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FORTIOR Reports Net Profit of 284 Million Yuan for First Nine Months of 2026, Up 69.69%

According to FORTIOR's official announcement, the company reported net profit attributable to shareholders of approximately 284 million yuan for the first nine months ending September 30, 2026, a 69.69% increase year-over-year. Revenue reached approximately 842 million yuan, up 50.88% from 558 million yuan in the prior year period, while total profit increased 78.56% to 311 million yuan. The growth was driven by strong performance in industrial and automotive application segments, coupled with i
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11:54
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Bitcoin Sellers Capitulate Again on October 15, Glassnode Data Shows Pattern of Trend Bottoms

According to Glassnode, Bitcoin sellers capitulated on October 15 amid the latest BTC decline. The on-chain data firm observed that each wave of loss-driven selling has coincided with local bottoms in August and September. Since the September high, profit-taking has slowed. Selling near the $80,000 level yesterday may signal another bottom following the established pattern.
BTC2.18%
11:52
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Google's Willow Chip Cuts Quantum Errors 40-Fold, Bitcoin Cryptography Remains Secure

According to a paper published in Science today, Google Quantum AI cut a critical class of quantum errors roughly 40-fold on its Willow chip. The breakthrough targets quantum computing's efficiency bottleneck: producing the clean, high-fidelity resources needed for certain operations, which can consume up to 95% of a machine's capacity. Google's approach filters quantum states through multiple checks, discarding 92% that fail and achieving 99.99% fidelity on survivors. Breaking RSA-2048 encrypti
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BTC2.18%
ETH5.18%
SUI7.86%
NEAR17.12%
11:52
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Solidus Labs Appoints Former CFTC Counsel Kevin Webb as Vice President of Policy

Solidus Labs has recently appointed Kevin Webb as Vice President of Policy. Webb previously served as a Commodity Futures Trading Commission official and congressional adviser, where he advised on digital asset market structure and helped draft the Digital Asset Market Clarity Act (CLARITY Act) and the Financial Innovation and Technology for the 21st Century Act (FIT21). At the CFTC, Webb held positions including chief of staff to Commissioner Brian Quintenz and special counsel to Chairman Chris
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11:52
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XRP Ledger Skipped Validator Vote on September 25 to Fix 11-Year-Old Bug; 80% of Operators Upgraded Immediately

According to XRPL developers' official vulnerability report, XRP Ledger deployed an emergency security patch on September 25 that bypassed the network's standard two-week validator approval process. The critical fix addressed an 11-year-old integer overflow vulnerability in the payment engine that could have allowed attackers to create spendable XRP beyond the intended supply limit, potentially generating unlimited tokens. Developers said publishing the patch through normal governance would have
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XRP3.37%
11:51
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Tenavi Semiconductor Submits H-Share Full Circulation Registration, Converting 27.647 Million Shares

According to Zhitong Finance, Tenavi Semiconductor (09903) submitted an H-share full circulation registration filing to the China Securities Regulatory Commission on October 16. The filing proposes converting 27.647 million shares held by domestic shareholders—each with a par value of 1.0 Chinese yuan—into H-shares, representing approximately 3.42% of the company's total issued share capital.
11:45
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Vaneck Withdraws Lido stETH ETF Registration Application on October 14

According to ChainCatcher, Vaneck has withdrawn its Lido stETH ETF registration application with the U.S. Securities and Exchange Commission. The withdrawal filing was dated October 14, and the registration statement was never effective, with the product having sold no shares. The proposed fund was designed to hold Lido's stETH liquid staking token rather than directly stake Ethereum through designated validators.
ETH5.18%
11:45
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U.S. Equity Funds See $39 Billion Weekly Inflows, BofA Strategists Remain Risk-Averse

According to Bank of America's latest report, U.S. equity funds recorded inflows of $39 billion for the week ended October 14, with annualized flows on track to reach $636 billion—a historic high. U.S. Treasury bonds saw inflows for the 16th consecutive week, the longest streak since August 2024, according to EPFR data. Global equity funds drew $64.5 billion in the same week. Despite the robust equity inflows, BofA strategist Michael Hartnett's team remains "risk-averse," citing rising real yiel
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11:41
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CoreWeave Closes at $69.69 on Thursday, Down 15.1% for Week

According to Nasdaq official data, CoreWeave Class A shares closed at $69.69 on Thursday 15 October 2026, up $3.91 or 5.94 percent from Wednesday's $65.78, but the weekly decline remains significant. The stock fell 15.10 percent from Friday 9 October's close of $82.08, reflecting pressure from the company's debt markets, where 2032 unsecured notes traded below 80 cents on the dollar as of Wednesday.
11:39
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Iran Deploys New Military Equipment, Reports Shooting Down Multiple U.S. Drones on October 16

According to Iran's military spokesman Akramaniya, reported by Jin10 on October 16, Iran has deployed new military equipment with enhanced defensive capabilities. The military has significantly strengthened national defense coverage and conducted joint exercises with the Revolutionary Guard's aerospace force. Akramaniya stated that Iran has shot down multiple U.S. drones in recent weeks and implemented new combat and equipment plans under the Defense Ministry's leadership.
11:38
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MSTR Dips 4% After-Hours as MSCI Flags Strategy for Potential World Index Removal

According to MSCI's announcement on October 10, Strategy's stock price dipped 4% in after-hours trading on October 15 after the index giant revealed new rules removing "non-operating companies" from its Global Investable Market Indexes, including the MSCI World Index. Strategy, with a float-adjusted market value of approximately $40 billion as of October 9, is the largest name potentially affected by the rules. MSCI named Strategy specifically as under threat of removal due to holding the majori
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BTC2.18%
11:37
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Solana Postpones Shanghai Accelerate Event After Registration Quadruples Overnight

According to Lily Liu, president of the Solana Foundation, the Solana Accelerate event in Shanghai was postponed on Friday after pre-registration exceeded the event cap set by local authorities. Event registration quadrupled overnight following publicity for the event, and organizers decided to postpone to comply with local requirements. This follows a similar incident in October 2025, when a Solana event in Shenzhen was cut short due to venue capacity and public-safety concerns.
SOL4.58%
11:34
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Fed Chair Powell Holds Back Rate Hike Signal on October 16 Despite Strong Inflation Data

According to Wall Street Journal reporter Nick Timiraos, Fed Chair Powell declined to signal additional rate hikes on October 16, ahead of the October 27-28 policy meeting, despite stronger-than-expected September inflation data. Powell met with IMF Managing Director Kristalina Georgieva in Bangkok, neither endorsing nor contradicting colleagues' recent signals against rushing into further rate increases. Core consumer price inflation rose 0.33 percent month-over-month in September, marking the
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11:33
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Celestia Launches Eden, High-Performance EVM Chain to Test AI Agent Trading on October 16

According to BlockBeats, on October 16, Celestia launched Eden, a high-performance EVM chain running on Celestia. Eden serves as an experimental sandbox for Agentic Commerce, enabling AI Agents to test autonomous payments, on-chain trading, and model invocations. The chain features EVM compatibility, atomic batch transactions, application-level gas abstraction, and native TIA gas token to reduce friction during continuous payment and interaction operations.
TIA31.81%
EDEN5.86%
11:31
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TSMC Trading 27% Below Fair Value of $534, Signals AI Chip Investment Expansion on October 16

According to Morningstar analyst Phelix Lee, TSMC stock on October 16 is trading 27% below its fair value of $534, with the company's 'leave no food on the table' pledge signaling potential investment expansion in advanced semiconductor production. Morningstar estimates TSMC's capital expenditure could reach $98 billion in 2028, up 53% from its 2026 estimate, driven by increased production of 2-nanometer and 1.4-nanometer chips. Morningstar confirmed TSMC is discussing Tesla's proposed Terafab c
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