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
09:41
0

Shanghai Port Hits Record 31,000 Foreign Arrivals in Single Day on Oct 11

According to Jin10, on Oct 11, Shanghai port recorded 31,000 foreign arrivals in a single day, setting a new historical record. For the first three quarters of 2026, the port processed 5.138 million foreign arrivals, representing an 18.5% year-over-year increase. Among these, 3.431 million entries utilized visa-free or 240-hour transit visa-free policies, accounting for 66.8% of total foreign arrivals.
09:40
0

Silver Market to Record Sixth Consecutive Annual Deficit, Shortage Projected at 46.3M Ounces in 2026

According to the Silver Institute and Metals Focus report released on October 12, the global silver market is forecast to record a sixth consecutive year of supply deficit, with the shortage projected at 46.3 million ounces, up from 40.3 million ounces in 2025. Overall supply for 2026 is expected to decline approximately 2% as mine production remains flat, creating pressure similar to other critical metals where new supply projects require years to discover, develop, and bring into production.
09:39
0

Standard Chartered Launches RLUSD Institutional Custody, Plans LMAX Collateral Expansion

According to ChainCatcher, Standard Chartered launched institutional custody services for Ripple's RLUSD stablecoin today via its Dubai International Financial Centre branch, supporting the stablecoin on XRP Ledger. The bank plans to extend a collateral mirroring model to institutional trading firm LMAX Group, allowing customers to use RLUSD as trading collateral while tokens remain in bank custody. This approach enables LMAX to verify qualified RLUSD holdings without requiring token transfers,
More
XRP0.73%
09:36
0

True Health Medical-B Completes Six Gene-Edited Pig Liver Perfusion Experiments, Sets Record of 144 Hours

True Health Medical-B completed six preclinical in vitro cross-perfusion experiments with gene-edited pig livers today (October 12), according to the company's official announcement. The experiments, conducted in collaboration with Yunnan Agricultural University, Kunming First People's Hospital, and Anhui Medical University, achieved a record of up to 144 hours of stable liver function support, with all six cases exceeding 72 hours—marking the world's first validation of long-duration efficacy f
More
09:36
0

UBS Sees Gold Holding Support Near $4,000, Targets $5,400 by September 2027

According to Yahoo Finance, UBS predicted gold may find support near $4,000 per ounce on October 12 and could rise to $5,400 by September 2027, citing gold's stronger resilience against rising real interest rates and a stronger dollar. UBS strategist Giovanni Staunovo noted that non-commercial traders recently reduced gold futures and options net long positions amid higher opportunity costs of holding non-yielding gold, yet gold exchange-traded funds continued to see inflows in recent weeks. The
More
09:31
0

India's Central Bank Sets Up Special FX Window to Ease Rupee Pressure, Reducing Monthly Dollar Demand by $10 Billion

According to Guru Club on October 12, India's central bank established a special foreign exchange window for state-owned refiners to reduce monthly dollar demand by roughly $10 billion, easing depreciation pressure on the rupee. State-run Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation will now source daily U.S. dollars for crude oil and petroleum product purchases through designated banks under the mechanism. The three refiners, with combined crude proc
More
09:31
0

South Korea's FX Swap Points Fall Across All Tenors on October 12, 1-Year Maturity Slides to -13.60 Won

According to Yonhapinfomax, FX swap points across all tenors declined on October 12 amid thin liquidity. The 1-year maturity fell 0.40 won to -13.60 won, while 6-month maturity dropped to -6.30 won, 3-month to -2.75 won, and 1-month to -0.95 won. A foreign bank swap dealer noted the thin liquidity environment and broad weakness, adding that prior elevated swap points may be normalizing after several months of trading above theoretical levels.
09:31
0

Qoder Launches Fast Mode With 150% Faster Generation Speed, 27% Lower Token Costs

According to Guru Club, Qoder, Alibaba's AI agent platform, launched its Fast mode today (October 12). The new mode improves generation speed by over 150% and reduces token consumption by approximately 27% compared to the platform's standard performance mode. All users on both Qoder's China and international versions can access the Fast mode starting today.
09:27
0

Kingsoft Software Expects 1.3–1.5B Yuan Pre-tax Profit From Fund Investments in First Nine Months, Turning Profitable

According to Kingsoft Software (03888) disclosure on October 12, the company expects to record a pre-tax profit share from associated fund investments of 1.3–1.5 billion yuan for the first nine months through September 30, 2026. This marks a turnaround from losses of 11.2 million yuan in the same period a year earlier. The investment funds—Beijing Shunjin Shunying Enterprise Management Partnership and Shenzhen Shunying Private Equity Fund Partnership—were impacted by valuation fluctuations of he
More
09:26
0

Chinese-Issued USD Bonds Fall 45.2% YoY to $28.22B in H1 2026

According to Jin10 Data, Dongfang Jincheng released a research report on October 12 showing that in the first half of 2026, Chinese-issued USD bonds totaled $28.22 billion in issuance scale, down 45.2% year-over-year. Maturity scale declined 31.0% to $60.26 billion, resulting in a net financing gap of $32.04 billion. Dongfang Jincheng expects that in the second half, as the Federal Reserve may further tighten monetary policy and U.S. Treasury yields face upward pressure, issuance costs will rema
More
09:26
0

Kingdee International Reports ARR of RMB 4.604 Billion, Up 19.3% YoY as of September 30

According to an official announcement, Kingdee International (00268) reported that its subscription service annual recurring revenue (ARR) reached approximately RMB 4.604 billion as of September 30, 2026, up 19.3% year-over-year. Q3 net new ARR grew 46.9% year-over-year, driven by growing demand for Kingdee AI Suite and Lingji products as AI adoption deepens in enterprise management. In the first nine months of 2026, the company's AI-native products achieved signed contract amounts of RMB 1.002
More
09:26
0

Shougang Longhaze Signs SAF Cooperation Agreement with Sinopec Institutes on Oct 12

According to an announcement, Shougang Longhaze (02553) signed a cooperation framework agreement today (October 12) with Sinopec Research Institute of Petroleum Processing (RIPP) and Sinopec Ningbo Engineering to jointly advance a sustainable aviation fuel (SAF) project in Ningxia. The project aims to produce 50,000 tons annually of SAF derived from industrial tail gas-based ethanol. Under the agreement, the three parties will also collaborate on developing upstream gas sources for microbial fer
More
09:23
0

German SPD Co-Chair Bärbel Bas Resigns as Party Leader and Labor Minister

According to CCTV News, Bärbel Bas, co-chair of Germany's Social Democratic Party (SPD) and labor minister, announced her resignation from both positions today (October 12). In a joint statement with fellow co-chair Lars Klingbeil, Bas stated she is unable to fully meet her government and party responsibilities in the short term, citing the decision to step down.
09:23
0

Korean Won Hits Two-Year Low at 1,335.10 Against Dollar on Strong Semiconductor Exports

According to Yonhap Infomax, the Korean won strengthened to its lowest level in over two years against the U.S. dollar on October 12, trading at 1,335.10 won in the afternoon session, down 7.70 won from the previous close. The intraday low reached 1,333.20 won, marking the weakest level since October 2024. The won's strength was driven by robust semiconductor exports, with shipments surging 170.9% year-over-year in the first ten days of October, accounting for 46.7% of total exports. Overall exp
More
09:22
0

Joseph Sy Released from Immigration Detention Following Supreme Court Order on October 12

According to the Bureau of Immigration, mining tycoon Joseph Sy, former chairman of Global Ferronickel Holdings, is set to be released from detention on October 12 following a Supreme Court order. Sy was arrested at Manila's airport in August 2025 after the BI alleged he was a Chinese national who had illegally obtained Philippine citizenship documents. A trial court ordered his release in September 2025, but the BI continued his detention while appealing. In February 2026, the Court of Appeals
More