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
23:49
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Ripple Prime Launches RWA Perpetual Swaps on October 19, Covering 100+ Markets

According to BlockBeats, on October 19, Ripple Prime, Ripple's institutional brokerage arm, launched perpetual swaps for real-world assets (RWA) covering over 100 reference markets including equities, indices, ETFs, metals, energy, and forex. The swaps are priced against perpetual contracts on Hyperliquid and do not involve underlying asset ownership or physical delivery. Customers can cross-collateralize positions with other platform assets and use RLUSD as collateral, with market maker Virtu a
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23:47
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Nine U.S. Companies Including Broadcom, Verizon Oppose Stock Tokenization on OKXICE

According to CoinDesk, nine U.S. publicly-listed companies opposed tokenization of their stocks on OKXICE on October 15, including Broadcom, Verizon, UnitedHealth, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Applied Optoelectronics, and Cerebras Systems. OKXICE, a joint venture between OKX and Intercontinental Exchange (ICE), disclosed the opposition in a public notice but did not specify reasons. Nasdaq also stated it would not participate in the tokenization framework.
23:40
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Explosion at Military Camp in Western Libya Kills at Least 8 Overnight on Oct 18

According to Jin10, on the evening of October 18, an explosion at a military camp about 60 kilometers west of Libya's capital Tripoli in the Zawiyah area killed at least 8 people and wounded 8 others. The camp, which belongs to the Interior Ministry of the Libyan National Unity Government, was conducting military exercises when the explosion occurred.
23:37
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CFTC Introduces Reg CAM Framework Offering Voluntary Federal Oversight for Leveraged Crypto Trading Platforms

According to BlockBeats reporting on October 19, CFTC officials introduced Reg CAM (Crypto Asset Market), a framework providing voluntary federal regulatory oversight for crypto trading platforms offering leveraged, margined, or financed trading to retail customers. The framework aims to replace fragmented state-by-state money transmitter licensing requirements. Spot trading platforms without leverage generally remain outside the framework. Michael Passalacqua, senior advisor to CFTC Chair Mike
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23:35
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Gold Spot Price Falls to $4,165/oz, Wealth Management Product Issuance Resumes After 3-Month Halt

According to Wind data and Shanghai Securities News, on October 16, spot gold closed at $4,165.175 per troy ounce, down over 25% from its all-time high at the beginning of the year. Mirroring the gold price decline, wealth management companies' gold-themed product issuance came to a near standstill for three months. On September 16, Northern Bank Wealth Management's "Spring Plan Fixed Stop Profit 43 Gold Themed Direction A" launched, becoming the first fixed-income-plus product to resume issuanc
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23:35
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Trump Exempts Multiple Sanctions on Russia and Iran; Iran Reopens Hormuz Strait Channel in Days

On October 16, the White House issued an executive order exempting multiple sanctions, restrictions, and tariffs under the 2026 Lindsey Graham Sanctions on Russia and Iran Act, according to the administration's statement. Separately, Iran's Foreign Minister said on Sunday that the "reopen Hormuz Strait in 7 days" proposal remains valid. If the U.S. complies with Iran's conditions, the strait could reopen in 6 days with negotiations resuming on day 7.
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23:32
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Chinese Banks Relaunch Large Time Deposits with 200,000 Yuan Minimum on October 19

According to People's Daily, multiple Chinese banks have relaunched large time deposit products on October 19, as cited by Jin10. Large time deposits require a minimum deposit of 200,000 yuan and offer interest rates slightly higher than comparable fixed-term deposits, with options for transfer and early withdrawal. Liu Xiaoshu, chief economist at Qingdao Bank, attributed the relaunch to a combination of low-interest market conditions, increased volatility in wealth management and equity markets
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23:31
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TEMCO Jumps 39.92%, D Up 30.56% on Oct 19; ICX Plunges 57% Across Korean Exchanges

According to Digital Asset market data on Oct 19 morning, multiple cryptocurrencies showed significant moves across Korean exchanges. TEMCO surged 39.92% to 0.4129 won on Bithumb with 13.2 billion won in 24-hour trading volume, while D (DalOpen Network) gained 30.56% to 2.542 won. On Upbit, ELSA climbed 17.89% to 94.9 won and GTC rose 10.34% to 352 won. Conversely, ICX plummeted 57.11% on Upbit and 58.9% on Bithumb to 5.19 won and 4.11 won respectively. Volta (A) declined around 19-20% across ex
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ELSA16.87%
23:30
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Evercore ISI Raises SpaceX Target Price to $275 Ahead of Q3 Earnings

According to CNBC, Evercore ISI analyst Kunal Maral raised SpaceX's price target to $275 from $230 on October 16, citing multiple transformative catalysts expected next year. These include satellite deployment using Starship and the realization of orbital computing capabilities. Maral noted that demonstrating rocket reusability requires only a few more flights with safe, successful launches—not thousands—to gain Wall Street's valuation support. SpaceX is set to report Q3 results in early Novembe
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23:25
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BofA Bull/Bear Indicator Exits Sell Signal; Chip Prices Key to Tech Return in Mid-November

According to Bank of America strategist Michael Hartnett, the BofA Bull/Bear Indicator has fallen below the alert threshold, ending a sell signal triggered on May 26. The index dropped from 8.1 to 7.4, though no buy signal has been issued yet. Hartnett noted that while the sell signal has resolved, investors' ability to re-enter technology stocks in mid-November hinges on semiconductor price trends. If chip prices continue rising, it suggests continued AI competition will support the market. How
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23:23
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U.S. Retail Investors Pile Into AI Stocks With $9.1B Net Purchase Last Week, Marking 15-Week High

According to Citadel Securities analyst Scott Rubner, U.S. retail investors made a net purchase of $9.1 billion in U.S. stocks through the firm's platform last week (October 18), marking the largest weekly inflow since late June and the ninth-largest in the past 12 months. The buying spree concentrated heavily in AI-related sectors, with semiconductor stocks attracting $2.6 billion in net inflows and Neo Cloud-related stocks receiving $700 million, both reaching record weekly highs. The trend re
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23:22
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AI Stock Strategist Recommends Hedging Concentration Risk with Healthcare, Finance, Energy on Oct 18

According to Business Insider on October 18, Ross Mayfield, strategist and managing director at Baird, recommended increasing allocations to healthcare, financial, and energy sectors to hedge against the concentrated risk in AI-related stocks amid rising volatility. Mayfield noted that both healthcare and financials can leverage AI technology to improve profit margins while providing downside protection. Energy stocks can benefit from geopolitical tensions affecting oil prices, he added, potenti
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23:22
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Tesla Showcases Flying Roadster Last Week; Atlantic Says Flying Cars Should Never Exist

According to The Atlantic, last week Tesla displayed a flying prototype of its Roadster performing aerial stunts, but the publication argues that flying cars should never have been built. The magazine's commentary suggests the century-old dream of flying cars holds greater appeal as fantasy than reality. Tesla's demonstration saw the Roadster perform stunts using aerodynamic fans and a rocket booster, though it remains unclear whether the vehicle can actually support practical daily commuting. M
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23:14
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UK First-Time Homebuyers' Monthly Mortgage Payments Exceed Rent for 56% in September, Highest in 10 Years

According to Hamptons real estate data, in September, 56% of first-time homebuyers in the UK who purchased property saw their monthly mortgage payments exceed the rent they previously paid, marking the highest proportion in at least a decade. On average, these buyers pay an additional 39 pounds (approximately $52) monthly compared to their former rent. Meanwhile, Moneyfacts reported that UK five-year fixed-rate mortgage rates rose to 6% this month, the first time reaching this level in nearly th
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23:13
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U.S. Stocks Tumble on AI Trading Concerns; Nasdaq Falls Over 2% on Friday

On Friday (Oct 18), U.S. equities tumbled amid AI-related trading concerns. The Nasdaq fell over 2%, with the semiconductor index extending losses to eight consecutive days. CoreWeave, a major AI infrastructure provider, plummeted 12%. In commodities, Brent crude oil broke above the $110 per barrel mark.
23:09
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Samsung Electronics and SK Hynix Fall 17.8% and 24.3% Despite Strong DRAM Fundamentals, Oct 19

According to Hana Securities on October 19, South Korean semiconductor stocks fell sharply amid concerns over sustained AI investment, though memory chip supply shortages and rising prices remain intact. In its latest semiconductor industry report, analysts Kim Rok-ho and Park Gyu-yeon projected that Q4 DRAM prices will exceed previous forecasts, despite weakened investor sentiment. Samsung Electronics and SK Hynix have declined 17.8% and 24.3% respectively over the past three weeks, significant
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23:05
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Stablecoin Payments Surge to $482 Billion, Up 45% in First 9 Months of 2026

According to ChainCatcher, stablecoin payments reached $482 billion in the first nine months of 2026, up 45% year-over-year, while transaction count surged to over 1 billion, marking a 71% increase. On-chain stablecoin card spending hit $3.9 billion, up 10-fold from the same period last year, with transactions under $50 accounting for 84% of card transaction growth. Mastercard, Stripe, and Visa have each launched services to integrate stablecoins into their existing payment systems this week, si
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