Gate Crypto Flash News and Market Updates

According to a Reuters/Ipsos survey conducted Sept. 30-Oct. 5, a majority of Americans oppose betting on U.S. elections and government actions, with 69% of Democrats and 61% of Republicans polled expressing opposition to using prediction markets for election wagers. The dispute over regulating prediction markets has escalated to the Supreme Court, with 39 U.S. states and the District of Columbia filing an amicus brief on Oct. 8 stating that the conflict between the CFTC and state authorities had

According to Guru Club, on October 18, U.S. Treasury Secretary Bessent said Europe continues to aggressively purchase Russian energy.

According to TradingBeats, on Oct 18 evening, Machi (Huang Licheng) deposited $100k in additional margin and opened a $4.3 million Ethereum long position with 25x leverage at $2,398, using a total of $176k in collateral. The trader had previously generated $44.84 million in profits on Hyperliquid one year ago but has since lost all gains and an additional $36.85 million, following a complete account liquidation earlier today.

According to an interview, Ukrainian President Zelenskyy held talks on Sunday with U.S. President Trump's envoys to arrange a new round of peace negotiations, potentially as early as this week. Zelenskyy said he will discuss possible meeting locations and timing via video call with Trump's son-in-law Jared Kushner and U.S. Middle East envoy Steve Wittkoff.

According to ChainCatcher, Sun Yuchen's address (0x176...0a132) received 7.2 trillion PEPE tokens worth approximately $28.44 million from Poloniex's multi-signature address 22 hours ago. This marks the first PEPE on-chain transaction for the address since June 2024.

According to the Ethereum Foundation, the Glamsterdam upgrade will activate on the Hoodi testnet on October 26 at 17:42:48 UTC, targeting a gas limit of 200 million. The upgrade, which follows its earlier rollout on Sepolia on October 6, raises the gas limit more than threefold from approximately 60 million. Glamsterdam introduces protocol changes including enshrined proposer-builder separation, block-level access lists, and revised gas accounting to improve block production, transaction executi

According to trader Peter Brandt, Monero (XMR) broke above $600 on October 18, advancing roughly 6% during the day's trading. XMR climbed from approximately $570 to an intraday high near $608, following Brandt's October 6 assessment that XMR was his favorite technical setup among major cryptocurrencies due to favorable overhead supply dynamics. With $600 now reached, the next resistance target is September's high around $630, requiring an additional 5% advance.

According to Bitcoin Policy Institute's Q3 update of its "Money for AI" study, AI models acting as autonomous economic agents chose Bitcoin as a store of value in 70.8% of responses. The finding represents a slight decline from the original study's 79.1% selection rate, while still maintaining clear preference over stablecoins, fiat currencies, and other cryptocurrencies. In contrast, the research found stablecoins dominated for payments, with AI models selecting them in 73.5% of payment scenari

According to BlockBeats, on October 18, Papertrade (PAPER) perpetual contract surged to $0.035 within two hours of launching on Hyperliquid HIP-3 market, currently trading at $0.028. Paper's total supply stands at approximately 8.55 billion tokens, with about 8.48 billion staked. At the current price of $0.028, the fully diluted valuation reaches approximately $239 million, according to Paperdash data.

According to Xinhua, Vice Premier He Lifeng met with members of China Investment Corporation's International Advisory Board on the evening of October 18. He stated that China's economy remains stable overall and is moving forward with improved quality. During the "15th Five-Year Plan" period, China will continue to expand high-level opening-up and deepen financial system reforms. He expressed hopes that board members will provide continued advice for China's reform, opening-up, and China Investm

Bitcoin's mining difficulty increased 5.92% to 140.58 trillion at block 971,712 on October 16, marking the network's third-largest upward adjustment in 2026. The climb from 132.72 trillion reflected faster-than-target block production as computing power remained elevated. Meanwhile, BTC traded near $82,000 on October 18, recovering from its October 15 low of $79,800, keeping the $80,000 support level intact.

Nvidia stock closed Friday, October 16, 2026, at $214.13, down $3.10 or 1.43 percent from Thursday. For the week from the October 9 close of $229.28, the stock declined $15.15 or 6.61 percent. The decline does not reflect a fundamental break in AI demand; Friday's single-day drop of 1.43 percent represents 0.62 of the 90-session sample volatility. The stock rose on October 13 to $228.52, indicating no straight eight-day losing streak. According to the August 26 earnings release, Nvidia's third-q

According to ChatGPT AI, the artificial intelligence model predicts Bitcoin will reach $700,000–$1.5 million by early January 2027. As of October 18, 2026, BTC is trading between $81,500 and $82,100. The prediction assumes a strong crypto bull market returns and major tech companies and financial institutions receive regulatory approval to treat Bitcoin as a core treasury asset.

According to Onchain Lens, Hyperliquid burned approximately 11,340 HYPE tokens over the past 24 hours (October 18) at an average price of $78.55, worth roughly $891,000. To date, cumulative HYPE burns have reached approximately 49.63 million tokens, valued at around $3.9 billion and representing 4.96% of the protocol's 1 billion token maximum supply.

According to Egyptian lawmakers and local media, Egypt's parliament will continue discussions on Monday regarding support for Saudi Arabia amid Houthi attacks.

According to Ripple CTO Emeritus David Schwartz, on October 16, a suspicious notification associated with SecuX wallet directed users to a phishing website requesting their 12- or 24-word recovery phrases. In an X post, Schwartz explained that tapping the notification launched the wallet application normally, but examination of Android's notification history revealed the associated link led to a fraudulent page. The timing raised concerns as SecuX announced emergency system maintenance on the sa

According to XRPL amendment tracking, the fixCleanup340 amendment has secured 30 votes from 36 trusted validators as of October 18, exceeding the 29 required for approval. The amendment is projected to activate around 09:34 UTC on October 23 if validator support remains uninterrupted above 80%. The amendment addresses technical issues including PaymentBurn permission vulnerabilities, automated market maker clawbacks, and escrow reserve handling. Meanwhile, XRPL's proposed lending infrastructure

According to BlockBeats on October 18, Bitcoin analysts are divided on whether the asset can reach $100,000 before year-end. Bitwise research head Ryan Rasmussen holds an optimistic stance, citing institutional ETF inflows, corporate demand for hard assets amid inflation, and regulatory clarity as key drivers. However, Bitwise expects significant volatility from potential Fed rate hikes in late October and U.S. midterm elections in November. In contrast, LO:TECH research head Adam Morgan McCarth

According to Anthony Welfare, a former Ripple CBDC adviser, speaking on the AllinCrypto Podcast, banks could increasingly adopt the XRP Ledger without generating proportional demand for XRP. Welfare noted that while XRPL offers fast settlement and low transaction costs, institutional adoption depends on liquidity, custody arrangements, and regulatory compliance. Crucially, financial institutions can transfer stablecoins through XRPL without converting the entire payment into XRP; for instance, R

According to CoinDesk, blockchain security firm Hacken reported that the crypto industry experienced 107 security incidents in Q3 2026, resulting in $1.18 billion in losses, a 55% quarter-over-quarter increase. Of the total, approximately $906.8 million in losses stemmed from compromised suppliers or development tools, unpatched known vulnerabilities, and components not covered in the latest audits. Hacken emphasized that security audits alone cannot replace continuous vulnerability management,