Gate Crypto Flash News and Market Updates

According to Jin10 Futures, gold and silver prices entered range-bound trading on October 22, with holdings declining amid U.S. Federal Reserve meeting expectations. SPDR gold holdings decreased 2.566 tonnes, while SLV silver holdings fell 19.66 tonnes. The gold-silver ratio stood at 71.68. Technically, prices found support near previous lows but faced headwinds from interest rate expectations and U.S. Treasury yields. The Shanghai gold futures spread narrowed to 2.23 yuan per gram.

According to the Financial Times, U.S. Treasury Secretary Janet Bessent said Wednesday, October 21, that she sees no systemic risk in the artificial intelligence industry, dismissing comparisons between the AI boom and the dot-com bubble by invoking the failed pet supplies retailer Pets.com. The remarks came during a closed-door gathering in New York co-hosted by JPMorgan Chase and the Robin Hood Foundation, where Bessent told hundreds of financial executives and investors that she is skilled at

According to TIKR, Bloom Energy (NYSE:BE) stock rose 7.13% to close at $238.53 on October 21, boosted by comments from SpaceX CEO Elon Musk during the company's Q3 earnings call. Musk stated that power and cooling, rather than semiconductors, represent the primary bottleneck for AI development, and that SpaceX plans to secure 20 gigawatts of power and cooling capacity by end of 2027. Wall Street is also closely watching Bloom Energy's Q3 earnings release expected after market close on October 22

According to Hong Kong Stock Exchange records, Shenghuo Technologies (02476) saw a position transfer totaling HK$646 million, accounting for 3.74% of holdings, yesterday (October 21). The company's shareholders transferred 1.4448 million shares to Citibank and 1.3046 million shares from Standard Chartered (Hong Kong). The company also announced that Chairman Chen Tao proposed a share buyback program of A-shares on the Shenzhen Stock Exchange, with a budget between 150 million and 300 million yua

According to Hong Kong Stock Exchange data, on October 21, New Ming China (02699) experienced a position transfer totaling HK$16.5285 million, representing 11.63% of outstanding shares. The company transferred 470,000 shares to Fosun International Securities and moved out 2.996 million shares from DHSM (Hong Kong).

According to Hong Kong Exchanges and Clearing, on October 21, Lung Hwan Testing (01586) saw a repositioning of 82.24 million Hong Kong dollars in shares, representing 10.23% of total holdings. A shareholder transferred 60 million shares to DBS Bank Hong Kong and transferred 60 million shares from Fosun International Securities.

According to PANews, the Bank of Korea kept its policy rate at 3% on October 22, in line with market expectations. The decision followed consecutive rate increases in July and August.

According to Jin10, the CFETS-NEX liquidity sentiment index for the yuan fell to 47 as of 08:45 on October 22, down 2 points from 16:00 yesterday. By institution type, the index for large banks, mid-sized banks, and non-bank institutions stood at 44, 47, and 49 respectively, each declining 2 points. The index ranges from 0 to 100, with 50 indicating equilibrium and readings above 50 reflecting tightening liquidity conditions.

According to MS Research, on October 15, Microsoft unveiled Magnetar, a zero-knowledge proof technology designed to verify blockchain transactions without recalculating the entire processing history. In testing token transfers on an Ethereum Virtual Machine interpreter, Magnetar's proof generation speed was more than 300 times faster than comparable systems. The technology allows developers to use existing programming languages without redesigning complex cryptographic structures, and supports s

According to Shanghai and Shenzhen stock exchange data, as of October 21, combined margin balances across both exchanges decreased to 2,442.395 billion yuan, down 961 million yuan from the previous trading day. Shanghai Stock Exchange margin balances fell to 1,257.321 billion yuan, while Shenzhen Stock Exchange margin balances reached 1,185.074 billion yuan.

According to Jin10 Futures, on October 22, China's domestic fuel oil market showed mixed signals, with unstable oil prices and sluggish gasoline and diesel output. Message sentiment turned negative, though prices remained elevated overall. Refinery feedstock costs faced continued pressure amid moderate downstream demand, with trading activity relatively flat. Market participants expect most transactions to hold steady, with limited potential for minor pullbacks.

According to Bitget, spot silver fell 1.00% intraday to $57.39 per ounce on October 22.

According to Business Insider, SpaceX is offering employees a 20% salary bonus to accelerate its artificial intelligence data center construction in Memphis, Tennessee, and South Haven, Mississippi, the company revealed on October 21. Staff deployed to the project will receive the bonus for a six-week on-site assignment, plus relocation support and performance bonuses. The move reflects surging AI revenue growth at SpaceX. In the third quarter, AI-related revenue exceeded $7 billion, representin

According to Korea Financial Supervisory Service filing, Kim Dong-seon, president of Hanwha M&S, increased his public tender offer bid to 26.23 million shares on Oct 22, raising the target stake from 19% to 31% of total issued shares. The acquisition price remains 8,000 Korean won per share, with required funding increased from 128.48 billion won to 209.62 billion won. If the tender offer succeeds at full volume, Kim's stake would rise to 36.81%, surpassing current largest shareholder Hanwha Ene

In the past hour, XEM surged 11.01%, reaching $0.000368, up from a day low of $0.00033156. Over the past 24 hours, the token declined 7.77%. XEM's market cap stands at $3,312,827 with a 24-hour trading volume of $181,130.

On October 19, Polygon announced AggLayer interoperability support for Hyperledger Besu, according to a tweet by @sandeepnailwal. The feature is aimed at enterprise-level applications and enables enhanced connectivity between different blockchain networks. This development is designed to strengthen private chain functionalities and facilitate seamless integration for enterprise blockchain solutions.

According to Alternative.me, the Crypto Fear & Greed Index rose to 68 today (Oct 22), up from 63 yesterday, indicating the market is in a "greedy" state.

According to Zhejiang Province Flood and Typhoon Prevention Authority, on October 22, Typhoon Chanpi (Category 16 super typhoon) triggered an upgrade to Level 4 typhoon emergency response. The storm was positioned approximately 750 km southeast of Taipei, with maximum sustained winds near 16 (super typhoon strength). The response was activated at 8:00 AM on October 22 following consultation and assessment by the provincial disaster prevention authority.

According to Jin10, as of early trading on October 22, the U.S. State Department is preparing to order the partial evacuation of personnel and families from certain U.S. embassies in the Gulf region. Meanwhile, spot gold has pulled back amid market volatility.

According to Coinglass data, should BTC fall below $80,005, major CEX cumulative long liquidation intensity would reach $2.511 billion. Conversely, if BTC breaks above $88,282, major CEX cumulative short liquidation intensity would reach $1.696 billion.