Gate Crypto Flash News and Market Updates

According to the Washington Post, Trump's MAGA Inc. super PAC has spent $277 million to support Republican midterm candidates as of October 21, with $164 million in remaining cash remaining from federal campaign finance disclosures. The spending was primarily channeled through affiliated super PACs, including $200 million transferred to No Going Back PAC and $25 million to Safety and Affordability PAC. Since early September, MAGA Inc. has also spent $34 million on advertising directly targeting

According to ChainCatcher, renowned trader Doctor Profit tweeted that Bitcoin is in a bull market and expects the asset to rapidly rise to $86,000 within coming hours to days, followed by further gains toward $94,000. Doctor Profit noted that the market is not yet prepared for this move.

According to an announcement from the Financial Commission on October 21, Brex Capital (formerly QRS Global) was expelled from membership effective October 19, 2026 due to numerous breaches of the organization's Rules and Guidelines. The firm joined as QRS Global in September 2025 and later rebranded to Brex Capital; the expulsion applies under both names. Following the expulsion, the Financial Commission can no longer reimburse clients of Brex Capital from its Compensation Fund, which is availa

According to CoinDesk, as of last Friday, Bitcoin options represented nearly 60% of total Bitcoin derivatives open interest, up from approximately 50% at the start of the year, according to Volmex. Bitcoin derivatives open interest totaled roughly $129 billion, including $36 billion in U.S. Bitcoin ETF-related options and $35 billion in BlackRock's IBIT options. ETF options now account for approximately 47% of Bitcoin options market, while IBIT options open interest surged from about $11 billion

According to Wall Street Journal and U.S. officials, Elon Musk last week ordered speed restrictions on military-grade Starlink services used by Ukraine, resulting in degraded performance of attack and interceptor drones. Officials revealed that Musk and President Trump discussed the matter via phone call shortly after the speed limit measures became public, with indications that the two had previously coordinated on the move. SpaceX subsequently reached out to White House officials seeking align

According to Hong Kong Exchange data, Zhixing Technology (01274) executive director Lu Yukun increased his holdings by 3,600 shares between October 14 and 16, 2026, at an average price of 1.8179 Hong Kong dollars per share, totaling 6,544.44 Hong Kong dollars. Following the increase, Lu's total shareholding stands at approximately 14.87 million shares, representing 5.78% of the company.

According to Hong Kong Exchange data, on October 16, GIC Private Limited reduced its holdings in Sirban Technology (03661) by 404,300 shares at HKD 70.9892 per share, with a total transaction value of approximately HKD 28.7 million. Following the reduction, GIC's shareholding decreased to 7.7689 million shares, representing a stake of 12.51%.

According to Zhitong Caijing, China Ping An (02318) released its first nationwide brain health service management plan on October 21, featuring a full-cycle "screening-treatment-rehabilitation-safety-payment" system to address Alzheimer's disease prevention and care. The plan integrates insurance and medical services to enable early detection, diagnosis, and intervention. Ping An Health Insurance and partner organizations launched the "One Million Guardian" public welfare initiative, allocating

According to Hong Kong Stock Exchange disclosure, JPMorgan Chase increased its holding in ZTE (00763) by 28.15 million shares at HKD 19.27 per share on October 15, for a total of approximately HKD 542.45 million. Following the purchase, JPMorgan's total stake reached 46.48 million shares, representing a 6.15% shareholding.

According to Hong Kong Exchanges and Clearing data released by Zhitong Finance, GIC Private Limited reduced its holding in Dagang Emas Tech (03200) by 393,900 shares on October 16 at HK$66.4334 per share, totaling approximately HK$26.17 million. Following the reduction, GIC's stake decreased to 5.593 million shares, representing 9.64% ownership.

According to Hong Kong Exchanges and Clearing, JPMorgan Chase reduced its stake in Fuli Glass (06865) by 1.83 million shares on October 15 at HK$5.1454 per share, for a total of approximately HK$9.416 million. Following the reduction, JPMorgan's holdings in the company fell to approximately 75.07 million shares, representing a 16.99% stake.

According to Hong Kong Exchanges and Clearing data, on Oct 15, JPMorgan Chase increased its holdings in Cambridge Technology (06166) by 1.062028 million shares at HK$81.1273 per share, totaling approximately HK$86.16 million. Following the increase, JPMorgan Chase's total shareholding rose to approximately 12.4619 million shares, representing 11.21% ownership.

According to Hong Kong Exchange data, Legend Holdings Corporation increased its stake in Lenovo Group (00992) by 30 million shares at HK$27.3673 per share on October 16, totaling approximately HK$821 million. Following the purchase, Legend Holdings' total shareholding rose to approximately 5.794 billion shares, representing 45.17% ownership in Lenovo Group.

According to Hong Kong Stock Exchange data, QuantumPharm Holdings Limited increased its stake in Crystalpharma Holdings (02228) by 1 million shares at HK$5.9051 per share on October 15, totaling HK$5.9051 million. Following the transaction, the company held approximately 661 million shares, representing a 15.37% stake in the company.

According to Hong Kong Stock Exchange data, on October 15, Fidelity China Special Situations PLC increased its stake in Baker Micro (02149) by 785,000 shares at HK$31.1948 per share, valuing the transaction at approximately HK$24.488 million. Following the increase, the fund now holds 11.146 million shares, representing a 6.19% stake in the company.

According to Hong Kong Stock Exchange disclosures, on October 15, FMR LLC increased its holding in Kingold Biotech (01548) by 4.7432 million shares at HK$32.7813 per share for a total of approximately HK$155 million. Following the transaction, FMR LLC's total shareholding reached approximately 187 million shares, representing 8.18% of the company.

According to Bloomberg, Augnition Global Investors, founded by former Sequoia Capital global equity head Jeff Wang, completed a fundraise of over $1 billion on October 21. Regulatory filings showed the fund held at least $570 million upon launch, with approximately 45% from internal capital. Wang previously led Sequoia's global equity business for a decade and participated in investments in ByteDance, SpaceX, Stripe, and Airbnb. Augnition Global will focus on investments in both public and priva

According to ChainCatcher, BitGo announced the establishment of BitGo Labs, a new research and innovation division designed to explore applications at the intersection of AI and cryptocurrency. The division focuses on use cases that only crypto technology can enable, such as programmable yields, and aims to leverage AI to accelerate development timelines. BitGo Labs has launched Gokubu, a consumer application that uses AI to optimize user spending and allocate personalized AI financial assistant

According to Reuters, Micron's Taiwan union at its Taoyuan facility will launch a one-day strike on October 22, with workers demanding concrete terms for 2026 bonuses and a transparent profit-sharing formula. The strike comes after failed negotiations in September, with employees voting to authorize industrial action in early October. The Taichung union, representing workers at Micron's largest Taiwan manufacturing site, is scheduled to meet with the company for mediation on the same day but has

According to PANews, on October 21, JPMorgan Chase raised SpaceX's target price from $240 to $500, implying a market valuation of approximately $6.8 trillion.