Gate Crypto Flash News and Market Updates

According to Shinyang Securities, on October 21, the analyst projected that the dollar-won exchange rate's fair value stands at 1,361 won after recent sharp declines, with the Bank of Korea expected to raise rates further in November. The median value of the central bank's dot plot is set to be adjusted upward to 3.50%, with the year-end benchmark rate reaching 3.25%. The analyst cited strong growth, core inflation pressures, and heightened property market concerns as reasons for continued tight

According to the Israel Defense Forces, the military began voting for Israeli parliamentary elections on October 21, deploying approximately 850 polling stations across Israel and overseas positions. The early voting was scheduled to allow troops stationed in remote areas and frontline combat zones to exercise their voting rights ahead of the national election date on October 27. The military polling stations will remain open through October 27.

According to BlockBeats, on October 21, Moderna (MRNA) gained 11.04% over the two most recent U.S. trading sessions, closing at $242.08 with an intraday high of $243.98. The rally is ahead of detailed Phase 3 results for intismeran autogene, an individualized mRNA cancer therapy co-developed with Merck. The European Society of Medical Oncology (ESMO) conference will present findings on high-risk melanoma on October 24 at 22:30 Beijing time. Since August 18, MRNA has surged approximately 284.5% f

According to data from the Fujairah Oil Industrial Zone (FOIZ), refined product inventories at the Fujairah port in the United Arab Emirates rose by 422,000 barrels to 7.247 million barrels for the week ending October 19. Light distillates increased 544,000 barrels to 1.304 million barrels, while middle distillates fell 513,000 barrels to 2.261 million barrels. Heavy distillates and residual fuel oil inventories grew 391,000 barrels to 3.682 million barrels.

According to LSEG data, German day-ahead baseload power prices dropped 28.88%, settling at 153.05 euros per megawatt-hour.

Elon Musk stated on Tuesday, October 20, that merging SpaceX and Tesla is a good idea, and disclosed that both companies have established a special committee to discuss the merger. Following the announcement, Tesla stock surged 8% in after-hours trading. According to eToro Asia-Pacific chief analyst Josh Gilbert, the combined entity would represent the largest merger in market history, with a total valuation of approximately 3.5 trillion dollars. However, Gilbert cautioned that the transaction f

On October 21, Vice Minister of China's Ministry of Industry and Information Technology (MIIT) Xin Guobin stated that the country's intelligent connected vehicle industry has achieved phased results. The MIIT will deepen cross-sector collaboration, steadily expand scenario applications, cautiously advance pilot programs for autonomous vehicle market access and road operations, and accelerate large-scale demonstrations in key autonomous driving scenarios.

On October 21, Probly, an on-chain prediction market platform, concluded its participation as a Gold Sponsor of TOKEN2049 Singapore and co-hosted the WHALE3RA Afterparty alongside BloFin, TxFlow, and other ecosystem partners. Probly currently supports 5,100 events and 47,000 markets across sports, geopolitics, crypto, finance, and politics. The platform offers 172 active live markets for same-day trading, including high-frequency rolling markets for Bitcoin, Ethereum, Solana, and XRP.

According to PANews, Bitcoin broke through the $83,000 level on October 21, trading at $83,002.40 per unit with a 0.47% daily gain, according to OKX market data.

According to SBJ Bank, on October 21, SBJ Bank, LINE NEXT, and JPYC signed an agreement to pilot yen stablecoin recharge functionality linking bank accounts to digital wallets. The three parties will test the feasibility of connecting bank accounts to digital wallets using JPYC, a yen-denominated stablecoin. SBJ Bank will provide accounts and banking infrastructure, LINE NEXT will contribute digital services and blockchain technology including Unifi Pay, and JPYC will support stablecoin issuance

According to ZachXBT, on October 21, 973,000 MORPHO tokens worth approximately $2.3 million were stolen from two institutional addresses within hours. The stolen funds were transferred to Tornado Cash. Both theft incidents involved EIP-7702 account delegation transactions. One of the affected addresses was previously hacked on October 10, resulting in $3.5 million in losses. ZachXBT noted on-chain connections linking one victim address to an address suspected to belong to Nima Capital.

According to Zhitong Finance, Zhongyun Technology (871481.NQ), a smart passenger transport operator listed on the National Equities Exchange and Quotations, received board approval on Tuesday, October 20, to issue H-shares and list on the Hong Kong Stock Exchange Main Board. The proposal still requires shareholder approval and regulatory clearance from the China Securities Regulatory Commission, Hong Kong Securities and Futures Commission, and HKEX. For 2025, the company reported operating reven

According to Onchain Lens, a Hyperliquid trader closed a $3.4 million ZEC short position after holding it for 6 days, incurring a loss of $187,000. The trader entered at $1,179.50 per ZEC and exited at $1,244.50, with cumulative losses totaling $1.82 million.

According to MSX.COM data, BNC (stock code: BNC), the treasury stock of BNB Standard Corporation listed on Nasdaq, rose over 4% in after-hours trading yesterday, with shares trading at $5.30. The company announced it will ring the Nasdaq MarketSite opening bell in Times Square, New York, on October 26 at 9:30 a.m. ET.

According to BlockBeats citing Bitget data, on October 21, the Hang Seng Index fell 1% at close, while the Hang Seng Tech Index declined 1.44%. Tencent Holdings dropped 3.7%, falling below the 400 HKD level; Kuaishou, Meituan, and Bilibili also fell over 2%.

A few hours ago, starting at 06:08 UTC, Revolut experienced a service outage affecting crypto trading, card payments, and bank transfers after Google Cloud's London infrastructure encountered technical problems. The British fintech marked 27 services as partially unavailable or affected. By 17:00 UTC, some functions had returned, with most services restored later, according to Revolut's official statement. The company confirmed that customers' money and data remained safe throughout the disrupti

According to PANews, Unitree Technology released its humanoid robot 'H2-X Kung Fu Legend' today (October 21), featuring a maximum battery life of approximately 8 hours.

According to China's Foreign Ministry spokesman Mao Ning on Oct. 21, Beijing expressed confidence in advancing bilateral relations with Belarus. Mao stated that China is willing to continue traditional friendship and deepen mutually beneficial cooperation with Belarus, pushing the two countries' relations forward at a higher level.

According to Bloomberg, on October 9, the U.S. Department of Justice is reviewing whether Binance complies with its 2023 settlement agreement and is investigating alleged violations of U.S. sanctions on Iran. The Manhattan federal prosecutor's office filed a motion to seize $61 million from Binance, claiming the funds originate from Iranian oil-market black market sales and were laundered through the platform. Under the 2023 settlement, Binance admitted to violating banking regulations and agree

According to ChainCatcher citing Beating AI, an expert interview note circulating in investor communities revealed that Zhipu AI's next-generation foundation model will have 2.5 to 3.5 trillion parameters, revising earlier reports of 1.6 trillion. The company's current GLM-5.3 model, released in August, contains approximately 744 billion parameters. Training faced setbacks including loss stagnation during pre-training, but was expected to be resolved soon. Zhipu's new model aims to achieve Claud