Gate Crypto Flash News and Market Updates

According to an official announcement, City Design (01599) secured new contracts totaling approximately RMB 524 million in the third quarter of 2026 (ending September 30). The breakdown includes RMB 134 million from surveying, design, and consulting division, and RMB 390 million from engineering and construction division.

According to the State Administration of Foreign Exchange, Chinese banks settled 198.97 billion yuan and sold 160.98 billion yuan in foreign exchange in September 2026. For the first nine months of 2026, cumulative foreign exchange settlements reached 1.63 trillion yuan, while cumulative sales totaled 1.36 trillion yuan.

According to Abu Dhabi Media Office, ADNOC Gas and Schneider Electric signed a memorandum of understanding on October 20 to evaluate advanced technologies and operational improvement opportunities for the natural gas business.

According to Binance, the exchange will delist four spot trading pairs on October 23 at 11:00 UTC+8: BONK/FDUSD, JUP/FDUSD, LDO/FDUSD, and WAL/BNB.

The onshore Chinese yuan closed at 6.6791 against the U.S. dollar on October 20 at 4:30 PM, rising 26 basis points from the previous trading day.

According to DefiLlama, Uniswap's total value locked (TVL) on BNB Smart Chain (BSC) reached approximately $437 million as of October 20, surging 104% over the past 7 days and 213% over the past 30 days.

According to PANews, on October 20, Abu Dhabi-based artificial intelligence company G42 is exploring physical world AI technologies in collaboration with AMI Labs, founded by Yann LeCun.

According to The Information on October 19, Anthropic is reportedly developing a new AI model capable of inferring user intent from unclear or incomplete instructions while demonstrating enhanced reasoning and creative problem-solving abilities. An anonymous person who tested the unreleased model disclosed that it can deduce the user's intended objective even when commands lack clarity and take appropriate action accordingly. The Information co-founder Amir Efrati suggested the model could be Cl

According to XWIN's chain analysis, over the past 60 days, major bitcoin whales holding 1,000 to 10,000 BTC have turned net accumulators, adding 5,230 BTC after previously reducing holdings by 62,600 BTC. However, U.S. spot demand remains weak, with Coinbase's premium index at approximately negative 0.1416% and weekly exchange net inflows at just 8,428 BTC. Binance's USDT reserves surged from $790 million to $1.76 billion, while short-term holders remain near break-even, selling at slight losses

According to a preliminary prospectus filed with the US Securities and Exchange Commission on Monday, BlackRock launched its third Bitcoin ETF offering. The iShares Bitcoin Managed Protection ETF (PBIT) would use overlapping options contracts tied to BlackRock's existing iShares Bitcoin Trust ETF (IBIT) rather than holding Bitcoin directly, targeting maximum loss exposure of approximately 10% while capping potential gains. IBIT, the world's largest spot Bitcoin ETF, held $65.7 billion in net ass

According to BlockBeats citing Dune data, X-Agent's on-chain activity reached 1.27 million transactions as of October 20, with x402 payments surpassing 680,000. The platform reported 39,649 Agentic Wallets and 233,188 AI Activity Syncs to date. On-chain activity showed notable acceleration in October, with both transaction volumes and x402 payments experiencing significant growth during the period, reflecting increased economic activity within the X-Agent ecosystem.

According to Guru Club, Singapore's benchmark stock index fell 1.2% on June 4, closing at 5,076.81 points.

The Shanghai International Energy Exchange announced on October 20 that starting from the last trading day of October 2026, non-futures company members, foreign special brokers or customers lacking hedge position limits for nearby delivery months will have their general-month hedging position limits automatically converted to zero lots for both long and short positions when entering nearby delivery months.

According to the Commerce Ministry, China and South Korea held the 17th round of negotiations on the second phase of their Free Trade Agreement (FTA) in Seoul from October 12 to 16. The two sides conducted comprehensive discussions on cross-border service trade and investment market access under negative lists, achieving positive progress. Both countries agreed to accelerate the negotiation process and strive to complete talks early, aiming to further enhance openness in the service and investme

According to Bloomberg strategist Simon White, the key driver of further U.S. stock gains may depend on Asia's semiconductor supply chain data rather than Treasury yields. Currently, the S&P 500's resilience is supported by exceptionally strong projected earnings growth of 40% over the next three years, which is offsetting the impact of elevated discount rates. White noted that current rising yields are driven by real rates reflecting actual economic growth and have not yet posed a material thre

Saudi Arabia's Civil Defense department issued a warning alert on October 20 regarding an air threat to Riyadh.

According to Zerohash's official announcement on October 20, the company launched AUTH, an on-chain account linking product. Users can link exchange accounts or self-custodied wallets within applications integrating the service, and after identity verification and authorization, transfer cryptocurrencies, stablecoins, and tokenized securities without manually copying wallet addresses or selecting blockchain networks. AUTH supports over 600 account and wallet connections, including Coinbase, Robi

According to TradingBeats, on October 20, Ethereum perpetual futures on Hyperliquid were trading around $2,397, with over $20 million in liquidations accumulated within 2% price range on both sides. Across a 5% range, long positions faced roughly $38 million in liquidation pressure while short positions faced approximately $49.5 million, with leverage predominantly at 20–25x. A major Ethereum short position was partially liquidated in four waves overnight and earlier today, losing approximately

According to KeyBanc investment banking analysis, HP and Dell have extended their memory supply contracts with Micron (MU-US) through 2031, while Alphabet (GOOGL-US) is negotiating an extension to 2035. Micron announced on September 30 that it has signed 26 long-term supply agreements expected to contribute approximately 35 percent of revenue by 2030. The extended contracts signal strong confidence in AI data center demand durability despite recent market concerns about cooling investment growth

According to CCTV News, Russian Foreign Minister Sergey Lavrov stated today in Tehran that Russian technical experts are gradually returning to Iran's Bushehr nuclear power station project in the country's south. Lavrov made the remarks during a joint press conference with Iranian Foreign Minister Abbas Araghchi, reaffirming Russia's commitment to fulfilling economic and investment agreements with Iran.