Gate Crypto Flash News and Market Updates

According to Goldman Sachs chief economist Jan Hatzius, the Federal Reserve is expected to pause rate hikes in October and proceed with a final increase in December based on recent remarks from Fed Chair Jerome Powell and other officials. Market expectations have shifted accordingly, with October rate hike odds falling to around 13% following Powell's remarks, while December rate hike bets have climbed to fresh highs in related contracts.

According to Cantor Fitzgerald analyst Brett Knoblauch on Friday (October 16), the firm cut price targets on seven AI data center stocks but maintained Overweight ratings on all of them. Cantor called TeraWulf (WULF), Hut 8 (HUT), and Core Scientific (CORZ) a 'generational buy' with potential for 100% or more upside once AI funding concerns ease. CIFR saw the steepest reduction, with Cantor cutting its target by a third to $19 from $28, while HUT, CORZ, and WULF targets were adjusted to $151, $3

According to PR Newswire, financial technology company Jack Henry (Nasdaq: JKHY) has expanded its partnership with Google Cloud to offer tokenized deposit services for banks and credit unions through Google Cloud Universal Ledger (GCUL). Jack Henry is the first core banking technology provider to integrate GCUL, a fully managed distributed ledger service that enables financial institutions to tokenize funds and assets on a single real-time ledger and settle transactions with 24/7/365 programmabl

According to ChainCatcher, Web3 gaming company Unagi entered liquidation and is seeking buyers for its Persona and Ultimate Champions projects, with bids due November 2. The sale includes intellectual property rights, a portfolio of 957 NFTs, and UNA token contracts.

According to CoinGlass, crypto markets saw $236 million in liquidations over the past 24 hours, with short positions accounting for $144 million and 63,249 traders liquidated. BTC led with $59.8 million in liquidations (shorts: $34.5M), followed by ETH at $70 million (shorts: $54.4M). SOL, ZEC, and NEAR also posted significant liquidations at $6.05M, $10.45M, and $5.62M respectively.

According to HTX, SOL broke below $105 in the last 24 hours, trading at $105.00 with a decline of 0.86%.

According to CCTV, on October 16 evening, Yemen's Houthi Health Ministry announced that Saudi military operations have caused a total of 419 deaths and injuries since the escalation of tensions on September 3.

Crude oil prices weakened during intraday trading on October 16, declining 3.24% to 699.6 yuan per barrel. Trading volume reached approximately 30.904 billion yuan, with open interest increasing by nearly 1,700 contracts despite the price decline.

According to Financial Times, Anthropic received a BB+ issuer rating from credit rating agency Kroll Bond Rating Agency (KBRA) in June, the company's first publicly disclosed credit rating. The rating places the AI startup at the highest tier of speculative-grade debt, one level below investment grade. The rating assessed approximately $4.4 billion in subordinated debt from Anthropic's $35 billion chip financing deal led by Apollo. Anthropic disclosed on October 14 that its third-quarter revenue

Russian Direct Investment Fund (RDIF) head Kirill Dmitriev said at Russia's Energy Week forum in Moscow that the U.S. Treasury requested the fund's assistance in facilitating a diesel agreement between Washington and Moscow, including handling payment issues and tactical matters related to the deal. Dmitriev stated that RDIF will "ensure all payments are processed effectively and reach the intended recipients accordingly."

According to an official announcement on October 16, GOGOX Holdings Limited (Hong Kong stock code: 02246) plans to divest all issued shares of GGEx Holdings Limited to Crestpoint Investment Limited for 1 Chinese yuan. Upon completion, the target company will cease to be a subsidiary and its financial performance will no longer be consolidated into the group's financial statements. The divestment aligns with the group's strategic shift to focus on Hong Kong and overseas markets under the GOGOX br

According to Zhitong Finance, on October 16, Qingling Motors (01122) signed a capital reduction agreement with Qingling Group and Qingling Molds whereby Qingling Group will reduce its approximately 49.4% stake in Qingling Molds for a consideration of approximately 202 million yuan. Upon completion, Qingling Motors' ownership in Qingling Molds will increase from approximately 50.6% to 100%. The registered capital of Qingling Molds will decrease from approximately 309 million yuan to approximately

According to Goldman Sachs strategists, components of the STOXX 600 index are expected to see profit growth of 20% in the second half of 2026.

According to ChainCatcher, Lighter launched its EVM development network today. Built in collaboration with Axiom, the network is an OpenVM-based EVM-equivalent Rollup operating parallel to Lighter Core, with both planning joint settlement to Ethereum via a single zero-knowledge proof. Developers can deploy smart contracts using Foundry, Hardhat, Viem, and Ethers, accessing account, balance, position, order, and market data on Lighter Core, and directly create, modify, and cancel orders through s

According to South Africa's Environment Minister David Menyiwe, on October 16, South Africa called for larger and more predictable funding increases to global climate funds ahead of the COP31 summit scheduled for November in Turkey. Speaking at an event in Johannesburg, Menyiwe emphasized the need for "ambitious and predictable replenishment" of the Green Climate Fund and Global Environment Facility, with a focus on adaptation measures to address climate impacts including drought, floods, and cy

According to CFTC Chair Mike Selig on October 16, the CFTC has exclusive jurisdiction over prediction markets because fraud and manipulation are not limited by state borders. Prediction market exchanges operate as interstate businesses matching buy and sell orders from customers across the U.S., and Congress has authorized the CFTC to enforce uniform standards, monitor fraud and manipulation, and protect customer funds across states.

According to TheStreet, Ripple Labs CTO Emeritus David Schwartz rang the Nasdaq closing bell on October 14 to celebrate Evernorth Holdings' public debut two days earlier. Evernorth, a Ripple-backed XRP treasury company, made its Nasdaq debut (Nasdaq: XRPN) on October 12 with approximately 473 million XRP and around $300 million in gross cash proceeds. The company, founded by former Ripple board member Asheesh Birla in October 2025, went public through a SPAC merger with Armada Acquisition Corp.

CBOT wheat futures declined 1.0% during intraday trading on October 16, settling at 697.42 cents per bushel.

SpaceX stock fell 2.33% to $148.62 on October 15, according to StockAnalysis data, as tensions between Elon Musk and Ukrainian President Volodymyr Zelensky over Starlink's military role intensified. Ukrainian Defence Minister adviser Serhii Beskrestnov confirmed on October 14 that SpaceX had restricted Starshield, the military-grade Starlink service, disrupting drone operations without prior warning. Zelensky addressed Musk directly during an October 14 interview with journalist Piers Morgan, wa

According to The Verge, the publication's editors tested Nvidia's new RTX Spark N1X laptops this week across multiple models from Microsoft, Asus, HP, and Lenovo, priced between $3,199 and $6,999. The Arm-based SoC features 20 CPU cores and up to 6,144 CUDA cores for gaming and AI workloads, rivaling premium MacBook Pro configurations. While RTX Spark matches Apple's M-series in GPU performance and gaming capability, it significantly lags in CPU single and multi-core benchmarks. Real-world batte