Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
17:17
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Tokenized Stocks Show Real Demand; 50% of Trades Occur Outside U.S. Market Hours, IMF Finds

According to the International Monetary Fund's latest Global Financial Stability Report, more than 50% of tokenized equity trading occurs outside regular U.S. market hours, with about 80% of trades involving less than one full share, indicating strong retail demand for fractional ownership. The IMF studied five major tokenized U.S. equities—including tokens tracking Tesla, Nvidia, and the S&P 500—and found that while onchain prices carry real information, tokenized stocks are approximately 1.5 t
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17:14
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MicroStrategy Buys 334 Bitcoin for $28.7M, Reaches 848K BTC Holdings

According to SEC filings, MicroStrategy purchased 334 Bitcoin for $28.7 million between September 28 and October 4, bringing its total holdings to exactly 848,000 BTC. The purchase was disclosed in an October 5 8-K form filing. CEO Michael Saylor hinted at additional Bitcoin acquisitions in a post on X, stating "There's always room for more," though official notifications on further purchases may not come until after Monday due to the Columbus Day holiday. During the same period, the company als
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BTC1.07%
17:12
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CFTC Defines Event Contracts as Swaps While Excluding Casino Gambling on Friday

The CFTC issued two measures on Friday: a proposed rule expanding the definition of "swap" to include event contracts tied to sports, politics, cultural events and weather, and an interim final rule excluding casino-style gambling products such as sportsbooks and casino games. Chairman Michael Selig said event contracts are "commodity derivatives squarely within the CFTC's regulatory remit" under its exclusive jurisdiction, while "casino-style gambling products are not derivatives." The rules fo
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17:12
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Revolut CEO Targets U.S. Tech Giants With AI Built on 40M Daily Transactions

At a technology forum in Turin on October 9, Revolut CEO Nik Storonsky revealed that the fintech is developing proprietary AI models using data from 30–40 million daily transactions. Speaking to Bloomberg TV, Storonsky outlined plans to build a global technology company capable of competing with major American tech firms and expressed a preference for a primary U.S. stock-market listing if Revolut eventually goes public. The company's valuation reached $115 billion through a secondary share sale
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17:02
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Trump Announces Russia-Ukraine Energy Ceasefire on Oct 11, but Zelensky Denies Agreement

On October 11, President Trump announced an immediate energy ceasefire between Russia and Ukraine on Truth Social, declaring both nations had agreed to stop attacking each other's energy infrastructure. However, Ukrainian President Volodymyr Zelensky told Axios that Kyiv had not been informed of any agreement and would only consider halting attacks on Russian refineries if Moscow also stopped targeting Ukrainian power plants. The announcement follows a separate U.S. arrangement involving up to 1
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17:02
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Saudi Tadawul Falls 0.2%, Qatar Index Hits 6-Year Low After Deadly Riyadh Airport Attack

According to Reuters, Saudi Arabia's Tadawul All Share Index closed 0.2% lower on Saturday following a missile attack on King Khalid International Airport in Riyadh that killed 12 people and injured more than 300. Qatar's benchmark fell 1.5% to its lowest level since May 2020, while Egypt's EGX30 index declined 2%. Yemen's Iran-aligned Houthi movement claimed responsibility for the strike. A second incident on Sunday saw an unidentified projectile strike the airport's Terminal 4, sparking a fire
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17:01
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DoorDash and Airbnb Turn to Chinese AI Models on October 11, Undercutting U.S. Tech Restrictions

According to a Washington Post investigation on October 11, American companies including DoorDash and Airbnb are using AI models developed by China's Moonshot AI, revealing a contradiction in Washington's efforts to limit China's access to advanced technology. Moonshot AI's Kimi K3 attracts corporate users seeking lower-cost automation and customizable solutions without relying on expensive proprietary American services. The trend adds pricing pressure on OpenAI, Anthropic and other U.S. AI deve
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17:01
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Bank of America Warns U.S. Stocks Face Over 10% Correction If Democrats Sweep Congress

According to Bank of America Chief Equity Strategist Michael Hartnett, U.S. stocks could face a correction exceeding 10% if Democrats sweep both chambers of Congress in next month's midterm elections. Hartnett cited prediction market data showing Democrats' probability of gaining control of both the House and Senate has risen to 64%, up from under 50% a month ago. The strategist warned that Democratic control could shift U.S. policy from "populist capitalism" to "populist socialism," potentially
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17:00
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Turkey Condemns Houthi Attack on Riyadh Airport on October 11

According to Turkey's Foreign Ministry statement issued on October 11, Turkey condemned Yemen's Houthi militants for launching an attack on King Khalid International Airport in Riyadh, Saudi Arabia. The statement said attacks deliberately targeting civilian infrastructure and innocent civilians clearly violate international law and humanitarian principles. Turkey called for an immediate halt to actions threatening regional security and stability, and reaffirmed its support for Saudi Arabia's sov
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16:55
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GTA 6 Leaker CyberLeek Demands $30M Market Cap for CYBERLEEK Token, Threatens Full Game Release on October 10

On October 10, the account known as CyberLeek threatened to release the complete Grand Theft Auto 6 build, including full story mode and ending credits, if the Solana-based CYBERLEEK token reaches a $30 million market capitalization. The leaker also published approximately 25 minutes of previously unseen GTA 6 gameplay footage earlier this week, featuring protagonist Jason and scenes from debug mode. CyberLeek simultaneously offered Rockstar Games and Take-Two Interactive an alternative: produce
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SOL2.06%
16:52
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Democrats Vote Against Digital Commodities Ban in Clarity Act, Senator Lummis Confirms

According to Senator Cynthia Lummis, Democrats voted against a proposed ban on trades in easily manipulated digital commodities, which was included in the Clarity Act. The provision aimed to enhance consumer protections in the digital asset space. Lummis highlighted this development in a recent tweet, noting the rejection may impact future regulatory efforts to safeguard investors from market manipulation.
16:42
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Analyst BATMAN Identifies $35M Bitcoin Sell Wall Between $85K-$89K on October 10

Crypto trader BATMAN identified on October 10 that Bitcoin faces more than $35 million in clustered sell orders between $85,000 and $89,000, with $85,000 marked as the first major obstacle. According to Glassnode analysis, trading volumes remained weak despite the preceding rally, and renewed selling activity above $85,000 suggests buyers must absorb available supply before sustained advances. U.S. spot Bitcoin ETFs recorded approximately $244 million in withdrawals on October 8.
BTC1.07%
16:42
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Ethereum Trader Eyes $2,700 Recovery as ETH Holds $2,500 on October 11

According to market commentator Petar Jovanović, Ethereum traded around $2,500 on October 11 with $2,550–$2,600 identified as the key near-term resistance zone. Breaking above that range could open a path toward $2,650–$2,700. However, Ethereum ETF flows signal institutional caution; U.S. spot Ethereum ETFs recorded approximately $201.9 million in withdrawals on October 6, contrasting with $118.8 million in Bitcoin ETF inflows during the same session, suggesting investors have become more select
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ETH1.82%
BTC1.07%
16:32
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XRPL Reveals Critical 11-Year-Old Integer Overflow Bug That Could Create Unlimited XRP, Patched September 25

According to XRPL's official disclosure published October 9, a critical integer overflow vulnerability in the XRP Ledger payment engine could have enabled the creation of unlimited XRP through specially constructed transactions. The flaw was patched on September 25 in xrpld version 3.4.1, with no evidence of exploitation detected on public networks. The vulnerability involved miscalculation of XRP amounts in payments spanning hundreds of offers. Due to integer overflow, the system could wrap cal
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XRP1.28%
16:32
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AI Agents Process 13.5 Million Payments on XRP Ledger in October

According to XRPL AI Hub, AI agents processed 13.49 million agentic transactions on XRP Ledger in October, with activity spanning 168 registered merchants. This represents a substantial surge from July, when the ecosystem crossed one million transactions, and early September when it reached approximately four million. RippleX engineering head J. Ayo Akinyele noted that agentic transactions account for roughly 25% of XRP Ledger activity. The growth underscores expanding adoption of autonomous pay
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XRP1.28%