Gate Crypto Flash News and Market Updates

According to Guru Club, ethylene glycol (EG) futures contracts fell 2% to 5,133 yuan per ton on October 12.

According to President Zelenskyy, Russia conducted strikes on six energy facilities in Ukraine on Monday.

King Khalid International Airport in Riyadh will remain closed until October 17.

According to AFP, the European Union warned digital platforms on October 12 not to livestream the execution of Nidal Hasan, convicted in a 2009 mass shooting in the United States. EU Commission spokesperson Thomas Rennier stated that if platforms fail to comply with the relevant provision, the EU will take action under the Digital Services Act.

Starknet's STRK token jumped 55.16% in early October 2026 following discussions by StarkWare's chief executive at Token2049 about transitioning from an Ethereum Layer 2 to an independent, quantum-resistant Layer 1 blockchain by 2027. The proposal remains subject to governance approval. Derivatives open interest rose more than 50%, while decentralized exchange trading volume exceeded $33 million daily, reflecting increased trader positioning around the potential network transition.

According to Dan Doney, Chief Technology Officer at DTCC, Chainlink and DTCC are partnering to develop a mobile collateral management system set to launch in Q1 2027. The new AppChain will enable asset management across jurisdictions and custodial systems on a 24/7 basis, enhancing operational efficiency and security in financial transactions.

According to an announcement highlighted by NEAR Protocol, Ondo has partnered with Tradexyz to launch a comprehensive platform for trading real-world assets. The integration enables users to access tokenized stocks, ETFs, gold, and various derivatives from a single account.

According to Iran's Islamic Revolutionary Guard Corps, a supertanker was attacked in the Strait of Hormuz on Monday morning. Further details regarding the incident and the vessel's condition were not disclosed.

According to Jin10, Wang Yi, member of the Political Bureau of the Central Committee and director of China's Foreign Affairs Office, met with Sergei Patrushev, presidential aide to Russia and chairman of the Maritime Commission, in Beijing on October 12, 2026. The two discussed maritime strategy cooperation between China and Russia as permanent members of the UN Security Council. Wang Yi stated that China's Belt and Road Initiative in the Arctic aligns with Russia's Northern Sea Route developmen

According to an announcement on October 12, Yiheng Group (08365) intends to jointly establish Insmen GROUP, a cross-border technology and digital asset investment platform, with Insmen Strategic Investment Holdings Limited, Aqua Labs Investment LLC, and other partners. The platform will focus on Web3 digital ecosystem development across Southeast Asia and the Middle East, securities market investments in Hong Kong and the U.S., and AI industry investments including edge computing and industrial

According to a Starbucks spokesperson quoted by CNBC on Monday, the coffee chain is not acquiring Chipotle Mexican Grill, denying days of speculation about a potential mega-deal between the two restaurant companies. On Thursday, the Financial Times reported that Starbucks had been working with advisers on a takeover proposal for Chipotle in recent months, citing people familiar with the matter. The denial came after Chipotle shares rose on acquisition speculation, though Chipotle stock fell more

According to Bloomberg, Flo Health announced a multi-year strategic partnership with Google Health. The collaboration between the two companies marks an expansion of digital health services.

According to Goldman Sachs, on October 12, the bank upgraded its global equity rating for the next three months from neutral to overweight, citing continued corporate earnings growth, lower stock valuations from summer peaks, and reduced investor positioning as improving the risk-reward ratio. The bank predicts S&P 500 constituent earnings will grow 27% year-over-year in the third quarter, marking the third consecutive quarter exceeding 25% earnings growth, with AI infrastructure investment rema

According to Xinhua, on October 12, Zhao Leji, chairman of China's National People's Congress Standing Committee, held talks with Vietnamese National Assembly Chairperson Tran Thanh Man and jointly chaired the second meeting of the China-Vietnam Legislative Institutions Joint Committee in Beijing. Zhao emphasized the willingness to enhance cooperation through regular exchange mechanisms, share legislative and oversight experiences, promote implementation of bilateral cooperation agreements, and

According to Bank of America, on October 12, the bank forecasted gold prices will reach $4,000 per ounce in Q4 2026 and average $4,813 per ounce throughout 2027. The bank noted that gold prices are likely to find a true bottom only when three conditions are simultaneously met: inflation and Iran war concerns recede, the U.S. dollar stops appreciating, and the Federal Reserve exits its tightening cycle.

According to Phoenix Technology, on October 12, Liang Wenfeng has been intensively focused on the embodied AI sector in recent days, engaging with multiple entrepreneurs in the field to discuss directions including robotics, large language models, and real-world interaction. Insiders revealed that Liang is currently considering whether DeepSeek should further enter embodied AI, with potential approaches including either assembling a dedicated team for in-house development or investing in related

According to the Central Bank of the Democratic Republic of the Congo, the country plans to increase its gold reserves from 3 tons to 5 tons by the end of 2026.

According to SEC Chairman Paul Atkins, the Securities and Exchange Commission proposed on October 9 amendments to Rule 17a-7 of the Investment Company Act that would allow most fixed-income securities to be cross-traded between registered funds and affiliated entities. The proposal introduces revised pricing, oversight and reporting requirements to address restrictions created by the SEC's 2020 valuation rule. The intended result is lower transaction costs for investment funds while maintaining

According to Bitget data, U.S. crypto stocks mostly declined over the past 24 hours. IREN Ltd rose 2.31%, while Hyperliquid Strategies fell 4.55%, marking the largest loss in the sector. Other notable declines included Coinbase (down 1.72%), MicroStrategy (down 1.78%), CleanSpark (down 2.63%), and Circle (down 3.07%).

Between October 8 and October 10, XRP/USDT daily trading volume on Binance plunged from $252.45 million to $54.12 million, representing a 78.6% decline, while the asset's price rose 1.6% to $1.4024, according to exchange data. During October 7-8, approximately $40.7 million in leveraged long positions were liquidated across Binance, Bybit, and OKX, compared with just $1.72 million in short liquidations. Binance accounted for $24.69 million of the total, followed by Bybit at $11.65 million and OK