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
17:02
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Enterprises Prioritize Real Solutions Over Standalone Blockchain at Sibos, Hedera Says

According to Hedera, discussions at Sibos highlighted a shift in enterprise approach to blockchain technology, with companies prioritizing practical solutions and tokenization strategies over standalone blockchain offerings. Hedera emphasized that businesses are focused on addressing specific operational friction points and implementing strategic organizational solutions rather than adopting blockchain for its own sake.
HBAR-4.01%
17:01
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Five Stocks to Drive S&P 500 Q3 Earnings Growth; Micron Soars Over 1,000%, Nvidia EPS Up 90%

According to FactSet, Micron, Nvidia, Meta, EchoStar, and Boeing are expected to be the largest contributors to S&P 500 earnings growth in the third quarter. Micron's quarterly earnings through August surged over 1,000%, while Nvidia's per-share earnings for the quarter ending in October are projected to grow 90%, with net profit approaching $60 billion. Overall S&P 500 third-quarter earnings growth is estimated at 29% year-over-year; excluding Micron and Nvidia contributions, the growth rate is
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17:01
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Over 500,000 Protest in France Last Saturday; Luxury Brands Looted, High-End Hotels See Cancellations

According to Bloomberg, over 500,000 people participated in nationwide protests across France last Saturday (October 17). Social media videos showed luxury brand stores including Burberry, Celine, and Kenzo being looted, with secondhand platforms Vinted and Leboncoin flooded by listings of suspected stolen items. Paris's upscale hotels have begun experiencing cancellations as a result of the unrest. Christophe Laure, head of UMIH Prestige representing four- and five-star hotels, told Bloomberg t
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16:59
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Zelenskyy: Starlink and Starshield Usage Remains Limited on Front Lines

According to President Zelenskyy on October 19, Starlink and Starshield usage by Ukrainian forces on the front lines remains limited, hamperingCommand and military operations. The Ukrainian president cited a report from Armed Forces Commander-in-Chief Drapato regarding the restricted deployment of both systems across multiple front-line positions.
16:55
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Metaplanet Acquires 93.7% Stake in Super League for 2,100 BTC on Monday

According to SEC filings and announcements, Metaplanet, a Japanese Bitcoin treasury firm, has acquired a 93.7% stake in Nasdaq-listed Super League through an all-stock and Bitcoin deal approved by shareholders on Monday (October 19). Metaplanet will contribute 2,100 BTC and $2.5 million in cash for 44.86 million common shares and governance rights, paving the way for Super League's rebranding to Superplanet and ticker change to SUPA. The transaction enables Metaplanet to expand its US capital ma
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16:52
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Bitcoin Whale Dormant 13 Years Moves $33 Million on October 18

According to Galaxy Research, an address funded in September 2013 transferred 411.45 BTC, worth approximately $33.4 million, to a new wallet on October 18, marking its first outgoing transfer in over 13 years. The coins were purchased near Bitcoin's price of $130 at the time, representing a paper gain exceeding 64,000%. Galaxy tagged the sending address as one of 39,069 dormant wallets named in a New York lawsuit filed this year by a pseudonymous plaintiff called Noah Doe, seeking to claim such
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16:49
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Ahold Delhaize Reports Cybersecurity Incident to Dutch Police, Takes Systems Offline

European retailer Ahold Delhaize reported a cybersecurity incident to Dutch police on Monday after discovering suspicious activity in its infrastructure. The company said it took certain systems offline in early October as a precautionary measure. The timing of the incident coincides with a cyber attack in France in which hundreds of store refrigerators and freezers were remotely heated to 50 degrees Celsius (122 Fahrenheit) overnight, triggering fires and spoiling food inventory.
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16:44
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Strive Buys $335M in Bitcoin, Total Holdings Reach 36,818 BTC in October

According to an SEC filing, Strive purchased 4,045 Bitcoin for approximately $335 million between October 12-16, bringing its total holdings to 36,818 BTC. The company acquired the Bitcoin at an average price of $82,803 per coin, including fees and expenses. Strive is now the fourth-largest publicly traded corporate Bitcoin holder, with reserves valued at approximately $3 billion, according to BitcoinTreasuries.net.
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16:43
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S&P Global Warns Major Tech Companies May Carry More AI-Related Debt Than Disclosed

According to S&P Global, in recent weeks, major global technology companies may be carrying more AI-related debt than currently known, though the industry's chief analyst said there is no immediate need to adjust credit ratings. Debt issued by AI infrastructure providers and so-called 'new cloud' companies faces increasing pressure amid concerns over aggressive borrowing levels.
16:42
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Ripple Marks 10 Years of XRP Ledger Development With Community Milestone

According to Ripple's official announcement, the XRP Ledger has passed 10 years of development, supported by thousands of community contributors. Ripple highlighted the collaborative effort in a recent social media post, emphasizing the project's community-driven approach and ongoing commitment to blockchain innovation.
XRP2.36%
16:42
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Gitcoin (GTC) Rises 10.05% in 60 Minutes, Hits $0.33446 Amid Altcoin Rally

Gitcoin's native token GTC surged 10.05% in the past hour, climbing to $0.33446 on October 19. The rally reflects broader momentum in the altcoin sector, with GTC gaining 32.04% over the past 24 hours. The 24-hour trading volume reached approximately $16.83 million, indicating heightened market participation and strong buying interest across the altcoin market.
16:42
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Kaiko CEO Emphasizes Data Infrastructure's Role in Traditional Finance's Tokenization Push

According to Kaiko CEO @ambresoub in a recent tweet, data infrastructure is crucial for supporting tokenized markets as traditional finance increasingly invests in blockchain solutions. Kaiko highlighted that robust data systems are essential for creating efficient tokenized markets, underscoring a significant shift as institutional investors recognize the value of blockchain-based financial infrastructure.
16:40
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Nasdaq-Listed SharpLink Deploys $400 Million ETH to Ether.fi and Lido

According to ChainCatcher, Nasdaq-listed SharpLink (SBET) has deployed a total of $400 million in ETH across two liquid staking protocols. The company stated that both tranches have been deployed to enhance the yield efficiency of its ETH treasury. $200 million has been staked through Lido to obtain wstETH, with assets custodied by Anchorage Digital. The remaining $200 million was deployed via Ether.fi to Consensys-operated Linea network and participates in restaking through EigenCloud to genera
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ETH1.52%
ETHFI6.29%
LINEA1.90%
16:37
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U.S. Housing Market Index Falls to 29 in October, Lowest Since June 2012

According to the National Association of Home Builders (NAHB), the U.S. Housing Market Index (HMI) fell to 29 in October, down 3 points from September and marking its lowest level since June 2012. The index tracks homebuilders' current sales sentiment and sales expectations for the next six months; readings below 50 indicate pessimism. Current sales conditions fell to 33, down 2 points, while six-month sales expectations declined to 32, down 5 points. Prospective buyer traffic fell to 18, down 5
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