Gate Crypto Flash News and Market Updates

According to the SEC's published agenda, the U.S. Securities and Exchange Commission will debut a new crypto assets briefing at its national compliance outreach conference for investment companies and investment advisors on November 19. Taylor Lindman, chief legal advisor of the SEC's cryptocurrency working group, will serve as a speaker. Staff from the Division of Examinations and Investment Management Division will also attend. The event will be held online with no advance registration require

Belgian Vice Prime Minister Prevor called on the EU to activate its blocking statute to protect the International Criminal Court, according to recent statements. The measure aims to shield the ICC from external pressures and support its independence.

According to CNBC, FCC Chairman Brendan Carr estimated spectrum trading volume in the United States has exceeded $100 billion over the past two years. Carr also indicated that significantly more spectrum transactions will appear in the market going forward.

According to MSX.COM data, major U.S. cloud providers' stock prices rose on October 9. Microsoft gained 2% to $533.06 per share, Amazon climbed 2.42% to $260.21 per share, and Oracle surged 5.37% to $142.46 per share. Alphabet rose 1% to $351.75 per share.

According to Gate data, Brent crude oil (XBRUSD) rebounded to $108.03 per barrel today, down 0.8% in the last 24 hours.

According to crypto influencer Ran Neuner, options trading in crypto currently represents only 3% of total trading volume, highlighting a significant gap compared to traditional finance markets where options far exceed futures. Neuner suggests this underrepresentation presents a notable growth opportunity as the crypto trading landscape matures and attracts institutional interest.

According to Hedera, Matt Ward, Executive Director for Europe at Hedera, will participate in a panel discussion titled 'Secondary Markets for Tokenized Assets: Where Are the Buyers?' at MERGE Madrid on October 29. The panel features industry leaders from Kraken and CoinDesk.

According to Token Terminal, issuers from Jersey, the British Virgin Islands, and the UAE now account for 80.5% of the tokenized stock market cap, while US-domiciled issuers maintain only 10.7%, the largest share outside these three jurisdictions. The concentration suggests a strategic shift toward offshore tokenization driven by regulatory flexibility in these regions.

According to Foresight News, Trezor responded to community inquiries regarding the CryptoBilis distributor incident involving Ledger device users, stating it is currently investigating and has found no similar issues on record to date. The hardware wallet maker said it will disclose findings promptly once the review is complete. CryptoBilis is an authorized distributor for multiple brands including Ledger, Trezor, CoolWallet, Tangem, OneKey, ELLIPAL, and SafePal.

According to New York Federal Reserve data, SOFR (Secured Overnight Financing Rate) fell to 3.87% on October 8, down from 3.88% the previous day. The effective federal funds rate remained flat at 3.88%.

According to BlockBeats, on October 9, Nasdaq-listed TruGolf Holdings (TRUG) completed its acquisition of Canadian asset tokenization company Polymath Research Inc. Polymath, which developed the Polymesh Layer 1 blockchain for regulated assets, will operate as TruGolf's wholly-owned subsidiary. As of December 31, 2025, Polymath had issued over $132 million in tokenized assets across 65 active issuers and counts 50+ ecosystem partners.

According to ChainCatcher, Linguard Labs, a U.S.-based fintech infrastructure company founded by Drew Weinstein, former head of mobile innovation at Visa, has taken majority control of El Salvador's Chivo wallet and announced a relaunch through a public-private partnership. John Davies, former global chief architect at JPMorgan, serves as the company's chief technology officer. The new Chivo will offer microloans and cash advances based on users' transaction history, remittance services to the U

Venezuela's state oil company PDVSA said it aims to increase daily oil production to 1.5 million barrels by the end of 2027, according to a statement from the company's leadership.

According to Unichain, the OP Stack layer-2 network will migrate its testnet to OP Enterprise on October 13, with mainnet migration scheduled for late October. The migration prepares for native cross-chain interoperability, allowing users to transfer assets between OP Stack chains without bridges, with ETH supported first.

According to Bloomberg, global banks are on track to generate approximately $5 billion from gold and precious metals trading in 2026, marking a new record, according to data compiled by financial services provider Crisil Coalition Greenwich. JPMorgan Chase earned about $700 million from gold, silver and other precious metals trading and processing in the first half of 2026 alone. Deutsche Bank, which recently re-entered the bullion trading sector, has generated over $200 million year-to-date, in

According to the Financial Times, Germany announced on October 9 it will withdraw from competition for the next European Central Bank presidency and instead focus on retaining an Executive Board seat. German Finance Minister informed other eurozone counterparts Thursday that Berlin will soon nominate a successor to Isabel Schnabel, who will step down in January 2027 to join the International Monetary Fund. Under an unwritten convention, ECB member states cannot simultaneously hold two Executive

According to Venezuela's state oil company PDVSA, its leadership expects to finalize approximately 105 oil contracts by year-end 2026.

According to Delta Air Lines' official statement, the airline cut its full-year 2026 adjusted earnings per share guidance to $5.10-$5.60 due to elevated jet fuel prices. The carrier projects fuel costs will increase by approximately $6 billion compared to 2025, driven in part by Middle East tensions. Despite higher ticket prices, Chief Executive Ed Bastian noted that air travel demand is expected to remain resilient, with the market having accepted current pricing levels among high-income consum

GMGN announced the launch of its first Global Championship. Online qualifiers will run from October 17 to 27 (UTC), requiring participants to use no more than $2,000 of personal funds and conduct live Memecoin trading on Solana and EVM chains for 10 days.

According to UBS economists, French fiscal concerns reflected in debt spreads versus German bonds have eased on October 9, as the French government and Marine Le Pen's National Rally respond to market pressure with stronger fiscal discipline. The deficit reduction target, while representing the government's commitment to fiscal consolidation, remains ambitious; France has never achieved fiscal adjustments exceeding 0.8% of GDP over consecutive years.