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
05:38
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Trader 58bro.eth Records $2.29M Profit in 7 Days on Hyperliquid

According to TradingBeats, cross-market trader 58bro.eth has recorded $2.29 million in profits over the past 7 days on Hyperliquid as of October 9. The trader's lifetime profit on the platform has reached $34 million with a 89% win rate. Operating through prediction market positions and two-sided limit orders to trade volatile swings, 58bro.eth previously settled six September BTC price predictions, collectively realizing approximately $1,816 in gains.
BTC-0.46%
05:37
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Trump Administration Announces $6B Science Push, Including $215M Quantum Computing Competition

According to the White House, on Thursday the Trump administration announced over $6 billion in science initiatives. The Department of Energy unveiled the Quantum Genesis Q Competition, offering up to $215 million in funding for companies developing fault-tolerant quantum computers, with milestone-based awards and incentive prizes across chemistry, materials science, and applied mathematics. Separately, 11 technology companies pledged $2.4 billion in artificial intelligence tools and computing c
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05:34
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ESMA Orders EU Crypto Firms to Exit Non-MiCA Stablecoin Exposure by January 8, 2027

According to the European Securities and Markets Authority, on October 8, 2026, ESMA directed national regulators to ensure crypto-asset service providers authorized under MiCA eliminate remaining client exposure to non-compliant stablecoins by January 8, 2027. The guidance extends beyond trading to custody, transfers, order execution, investment advice and portfolio management. National authorities must prevent firms from maintaining or introducing new positions in unauthorized asset-referenced
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05:33
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Aptos Foundation Locks 210M APT Permanently, Cuts Staking Rewards to 2.6% via AIP-140

The Aptos Foundation has restructured APT token economics in October 2026 via Aptos Improvement Proposal 140 (AIP-140), committing to permanently lock and stake 210 million APT while reducing annual staking rewards from 5.19% to 2.6%. The locked tokens, representing 18% of circulating supply and 37% of the Foundation's original mainnet allocation, will remain staked indefinitely to support operating expenses but will not be sold or distributed. The overhaul also introduces a 2.1 billion APT maxi
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APT2.20%
05:31
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Japanese Government Bond Yields Fall Across All Maturities; 30-Year Rate Drops 11.77bp to 4.0676%

According to Yonhapinfomax, Japanese government bond yields declined across the entire curve today (October 9). The 10-year yield fell 5.04 basis points to 3.0359%, while the 30-year yield dropped 11.77 basis points to 4.0676%. The decline was driven by strength in U.S. Treasury markets following solid demand at the U.S. 30-year bond auction on October 8, which eased global bond market rate pressures. Market expectations for delayed interest rate increases from the Bank of Japan also supported b
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05:31
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Frax Applies for .frax Top-Level Domain, First Crypto Company Seeking ICANN Approval

According to ChainCatcher, Frax, a U.S.-based stablecoin and payments company, has submitted an application to ICANN for the .frax top-level domain in 2026, marking the first TLD application from a crypto company. The application is supported by MarkMonitor, an ICANN-accredited domain registrar. If approved, .frax will function as a global internet TLD similar to .com and .org. Frax plans to integrate domain management through Frax Name Service on its Fraxtal blockchain while maintaining DNS com
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05:30
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Justin Sun Shifts All Assets to Crypto Since 2012, Compares to iPhone Adoption for 'System Upgrade'

According to BlockBeats, on October 9, Justin Sun stated in a podcast that he converted all his assets to cryptocurrency since 2012, driven not by profit motives but by the need for a "system upgrade." He compared the decision to purchasing iPhone on its launch, saying the reason was belief in the technology representing the future rather than earning potential. Sun argued that traditional assets like real estate and vehicles belong to the old era and cannot be "translated to machines," whereas
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BTC-0.46%
05:26
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CAICT Releases Report on Token Service-Focused AI Infrastructure Development on October 9

According to Guru Club, the Research Institute of Industry and Planning under China's Academy of Information and Communications Technology (CAICT) released a research report titled "Development Research on AI Computing Infrastructure for Token Services (2026)" on October 9 at the 16th Smart City and Intelligent Economy Expo. The report addresses five key dimensions: market characteristics, policy guidance, regional layout, technical breakthroughs, and industrial ecosystem development for token-o
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05:25
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CME Gold Trading Volume Declines While Open Interest Gains on October 8; Silver, Copper, WTI Crude Surge in Volume and Position

According to CME data, on October 8, gold trading volume declined to 165,568 contracts while open interest increased to 399,143 contracts. In contrast, silver trading volume and open interest both rose to 56,558 and 107,939 contracts respectively, while copper climbed to 68,411 and 306,738 contracts. WTI crude oil saw the strongest activity, with volume reaching 1,228,579 contracts and open interest at 1,904,616 contracts.
05:23
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AI Capital Spending to Contribute About One-Third of U.S. GDP Growth in 2026, ING Forecasts

According to Barron's citing ING, AI capital spending is expected to contribute about one-third of U.S. GDP growth in 2026, covering computing equipment, software, and data centers. The estimate aligns with analysis from the Federal Reserve Bank of St. Louis showing that AI-related investments accounted for 39% of U.S. GDP growth in the third quarter of 2025. While productivity gains remain unproven, major capital investments are already supporting economic growth. The U.S. Department of Defense
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05:20
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RKLB Rises Overnight on ARK's Neutron Assessment; Payload Capacity Approaches Falcon 9

According to ARK Investment Management analysts Tasha Keeney and Daniel Maguire, Rocket Lab shares (RKLB) gained over 1% overnight heading into Friday as the firm highlighted Neutron's planned payload capacity and satellite operators' urgent need for launch access. Neutron targets 13,000 kilograms of payload capacity, approaching SpaceX's Falcon 9 at approximately 17,000 kilograms in a partially reusable configuration, though Rocket Lab is still targeting Neutron's delivery to the launch pad in
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05:18
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Societe Generale Recommends Inflation-Linked Bonds on October 9 Amid Middle East Tensions

According to Societe Generale strategists reported by Jin10 on October 9, high inflation combined with weak economic growth makes inflation-linked bonds more attractive for fixed-income portfolios. The strategists noted that Middle East tensions have reintroduced inflation risks despite recent overall inflation decline. The bank expects energy cost increases will have delayed indirect effects that gradually transmit across the economy.
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05:17
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Indonesian President Launches 11 Chinese-Backed Mining Projects Worth $10.2B on October 8

According to Xinhua News Agency, Indonesian President Prabowo on October 8 launched 11 Chinese-invested mining downstream projects in North Maluku, with total investment reaching approximately $10.2 billion. The projects span battery manufacturing, nickel-cobalt materials, electrolytic aluminum, new energy engineering machinery, and commercial vehicle production.
05:17
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Xiaomi Mi 17 Ultra Prices Increase by 1,000 Yuan Across All Models

According to Xiaomi's official customer service staff, Mi 17 Ultra prices have increased by 1,000 yuan across all configurations as of recently. The standard 12GB+512GB model has risen from 6,999 yuan to 7,999 yuan, the 16GB+512GB variant from 7,499 yuan to 8,499 yuan, and the 16GB+1TB version from 8,499 yuan to 9,499 yuan. The company confirmed that current retail prices on Xiaomi's official website serve as the market reference point.