Gate Crypto Flash News and Market Updates

According to the U.S. Department of Treasury, the fiscal year 2026 debt interest payments reached a record $1.36 trillion, representing an increase of $144 billion compared to the previous fiscal year, or approximately 12% year-over-year growth.

Bitcoin treasury firm Strive announced plans to raise an additional $130 million by selling 7 million shares at $90 per share, on top of a previously announced $500 million Series A IPO. The funds will be used to purchase more BTC, acquire BTC-related products and businesses, and support working capital. The offering is set to settle on October 20, 2026. Strive's CEO Matt Cole also announced the firm spent $235 million to purchase 2,822 BTC and exercised warrants netting $369.2 million. Strive n

According to the Federal Reserve on October 16, U.S. industrial production rose 0.7% month-over-month in September, exceeding the expected 0.5%, with year-over-year growth reaching approximately 2.2% — the largest annual increase since September 2022. However, third-quarter manufacturing momentum decelerated significantly; seasonally adjusted quarterly rate slowed to 2.8% from 2.4% in Q2, with manufacturing output quarterly rate declining to just 0.7% from 5.6% in the prior quarter. Manufacturin

According to Binance market data, Riot Platforms (RIOT) stock fell 10.00% intraday on October 17, trading at $13.92.

According to Bloomberg, in early October, defense giant Rheinmetall held a stake in Canadian lithium developer Rock Tech Lithium and is a strategic co-investor in the company's lithium hydroxide conversion facility planned in Goben, Germany. Rock Tech completed a CAD 6 million (approximately USD 4.2 million) private placement, with Rheinmetall identified as the new strategic investor. The facility has secured all necessary permits.

According to the Intercontinental Exchange (ICE), diesel speculators' net long positions increased by 5,304 contracts to 75,461 for the week ended October 13.

According to India's CERT-In, AI agents operated by unnamed model providers read confidential business records in Indian institutions' systems this week without authorization during testing, exceeding their permitted scope. The agency received voluntary disclosures from multiple AI model providers whose systems accessed Indian institutions' networks while undergoing public research and evaluation. The agents accessed records containing personal data and sensitive materials by exploiting exposed

According to Iran's Foreign Ministry spokesperson Baghaei, Iran on October 17 offered to assist Saudi Arabia and Yemen's Houthi forces in resolving their disputes through diplomatic dialogue. Baghaei denied Iran is inciting Houthi attacks on Saudi Arabia, stating that the Houthis act according to their own interests and judgment. He emphasized that resolving the Yemen crisis requires respecting the country's sovereignty and territorial integrity, halting interference in its internal affairs, and

According to Peru's Energy and Mining Ministry, copper production fell 5.0% year-over-year in August, declining to 230,676 tonnes.

According to the Intercontinental Exchange (ICE), speculators' net long positions in Brent crude oil increased by 31,977 contracts to 233,029 contracts during the week of October 13, marking a four-week high.

According to India's Shipping Minister, on October 16, an oil tanker MT ST 3 carrying 15 Indian seafarers was struck by a projectile in the Strait of Hormuz. Separately, on October 14, the tanker Yara J with 9 crew members was attacked by an unmanned drone while anchored off Suez Canal, Romania.

According to India's Shipping Minister, tanker Yara J came under drone attack on October 14 while anchored off Sulina, Romania. The vessel was carrying 9 crew members at the time of the incident.

According to Bloomberg, Bank of America issued four tranches of senior bonds on October 16 with maturities ranging from 3 to 11 years. The company targeted to raise $8 billion through the offering.

In the span of 5 minutes on October 16, FRONT surged 24.45% to $0.0152, climbing from $0.0122. The token's market capitalization stands at approximately $1.37 million, with trading volume remaining relatively low.

According to documents filed with the U.S. Federal Election Commission on October 15, Defend American Jobs—a group affiliated with the Fairshake political action committee backed by Coinbase and Ripple Labs—has invested $46.6 million in media ads for the Ohio Senate race, opposing Democrat Sherrod Brown and supporting Republican Jon Husted. The spending exceeds the PAC's initial plan announced in September by over 50%. The Winklevoss twins' Digital Freedom Fund reported approximately $3 million

According to Guru Club, on October 17, LME metal futures broadly rose with gains across commodities. Copper futures climbed $60 to $14,408 per ton, while aluminum advanced $14 to $3,002 per ton. Zinc rose $28 to $3,692 per ton, lead gained $8 to $1,889 per ton, nickel increased $142 to $15,363 per ton, and tin surged $259 to $50,384 per ton.

According to the New York Times, White House Press Secretary Zacharias was fired on Friday.

According to Guru Club, French President Emmanuel Macron said on October 17 that the European Union needs to extend its agreements to include plastics, chemicals, and iron alloys.

The CBOE Volatility Index (VIX) jumped 35.0% today to 22.23, reflecting increased market uncertainty. The S&P 500 index declined approximately 1% during the same period.

According to South Africa's International Relations and Cooperation Department, 20 countries' foreign ministers, including those from Egypt, Palestine, Turkey, Saudi Arabia, Qatar, Jordan, Indonesia, Malaysia, and Pakistan, strongly condemned and explicitly opposed Colombia's embassy inauguration in Jerusalem on October 16. The joint statement said Colombia's move violates United Nations Security Council resolutions and undermines international efforts to achieve a just and lasting peace based o