Gate Crypto Flash News and Market Updates

According to Yemen's government military, in the past 24 hours, it conducted a series of targeted strikes against Houthi armed positions, including frontline command centers, personnel assembly points, and military reinforcement troops.

According to Elon Musk, the Ukrainian military violated Starlink's terms of service last week by using the satellite network to launch offensive drone strikes aimed at personnel. Musk stated that the loophole enabling this usage has since been patched.

According to Elon Musk, Starlink remains critical to Ukraine's defense because it is currently the only communication system that cannot be disrupted or destroyed. Musk stated that shutting down Starlink would cause the front lines to collapse immediately.

According to Jin10, metal traders posted record profits on Friday (October 24), with multiple traders reporting career-high incomes. Trafigura, one of the world's largest metals traders, achieved approximately $2 billion in metals trading profit for the fiscal year ending September, according to sources familiar with the matter. Glencore also recorded one of its best-ever trading performances, though results were dampened by a $480 million provision related to its exposure to iron ore trader Rad

According to OCC's official statement, the regulator recently committed to supporting community banks while monitoring stablecoin adoption's potential impact on deposits. The Office of the Comptroller of the Currency highlighted significant uncertainty surrounding how digital assets may affect community bank funding, noting that estimates of stablecoin impact vary widely. The OCC emphasized its proactive approach to safeguarding banking sector stability as payment innovations advance.

According to PPP prediction market tool, an address (0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) that had previously lost $2.2 million purchased $88,000 worth of prediction shares betting on TES to defeat AL in the League of Legends S16 World Championship Swiss round. The position was opened at an average price of 35.7 cents with 246,262.8 shares bought. The tournament is currently in the Swiss round stage with all matches as best-of-one format.

According to Odaily and Onchain Lens data, Bitcoin has fallen below $80,000. Two major whales on Hyperliquid saw their $8.05 million Bitcoin long positions liquidated, resulting in a realized loss of $278,000.

Israeli Prime Minister Benjamin Netanyahu stated on October 27 that the upcoming Israeli election represents an existential struggle for the nation. Netanyahu emphasized that his continued leadership is essential for addressing the Iranian threat.

According to Jin10, Russia's military announced a ceasefire in the Kherson direction on October 23, with a 'silent' status beginning on October 27 at 4 a.m. Moscow time to support humanitarian operations in the Oleshky area of Kherson region. Russian Deputy Foreign Minister Mironov said on October 24 it is "difficult to determine" whether the ceasefire will affect Ukraine peace negotiations, noting that political and military talks could proceed separately.

According to Senator Cynthia Lummis, Democrats recently rejected an amendment to the Clarity Act that would have barred anyone convicted of felonies related to insider trading, money laundering, or financial fraud from raising funds under Regulation Crypto. Lummis condemned the decision, warning that excluding convicted felons from crypto fundraising is crucial for maintaining trust and protecting investors.

According to predict.fun platform monitoring, TES's probability of defeating AL in the 2026 League of Legends World Championship Swiss Round stands at 37% as of today. The match is scheduled for early morning (1:00 AM) on October 24 in BO1 format. Both TES and AL were placed in the 0-1 group after losing their opening Swiss Round matches yesterday—TES fell to LCK's HLE in under 24 minutes, while AL suffered a reverse sweep against Europe's KC. Notably, all four LPL representatives lost their fir

Iran's President Masoud Pezeshkian stated today that many Iranian citizens are facing difficulties in accessing food, and called for an end to the current "neither war nor peace" stalemate. The remarks reflect ongoing economic challenges in the country amid broader geopolitical tensions.

According to PPP Prediction Market Tool monitoring Polymarket, a wallet address (0xdd882a70680633a75516f6ed5fce443e2d96dadb) with a history of $1.1 million in losses purchased $50,000 worth of AL victory over TES this morning (Oct 24) at an average entry price of $0.64, currently down $4,400. The match took place in the League of Legends 2026 World Championship Swiss Round Round 2 in BO1 format. Both teams entered 0-1 after losing their opening Swiss Round matches yesterday.

According to Ukrainian drone manufacturers, Ukrainian forces conducted strikes on a petrochemical facility in Omsk and an Ozon warehouse in Russia. The attacks were announced by the drone makers, though specific details regarding the scale of operations and damages were not disclosed.

According to Android Authority, Google revised its privacy policy effective Oct. 16 to allow data from Gmail, Drive, and Google Photos to personalize ads when users connect these services to Google's AI features, including Personal Intelligence and Gemini. The policy change only applies when users opt into connecting these services; it is disabled by default, and advertisers cannot access the underlying content. Users can disable this feature in their Google Account's Data & Privacy settings und

On October 24, Binance recorded a net USDT outflow of $49.9571 million in a single hour, marking the exchange's largest hourly withdrawal total for October, according to Cryptonomist. The surge in outflows reflects heightened trading activity or potential user repositioning of stablecoins during the period.

According to the regional governor of Dnipropetrovsk, Ukraine, Russian drone strikes hit the region, killing 3 people and wounding 8 others.

According to PANews, Monad launched on the Pump.fun application on October 25, allowing users to purchase any Monad chain token directly using USDC balances without manual bridging or wallet switching. Both Pump.fun and Monad official accounts confirmed the integration on X.

According to FinanceFeeds reporting, the Nasdaq Composite fell 0.7% over the past week to close at 25,955.34 on Friday, following a 2.6% drop on Thursday. The index enters what the outlet describes as the biggest earnings week of the quarter, with the Federal Reserve announcing its October policy decision at 2:00 p.m. ET on Wednesday, October 28, followed immediately by earnings reports from Alphabet and Microsoft after market close. Microsoft's fiscal first-quarter 2027 earnings call is schedul

According to Russia's Defense Ministry, over the past 24 hours on October 24, Russian forces struck Ukrainian energy and transport infrastructure, drone storage and launch sites, as well as port facilities. Russia's air defense systems intercepted one French Scalp cruise missile, four Neptune long-range missiles, and 1,297 fixed-wing drones. Ukraine's Armed Forces General Staff reported 181 combat engagements along the frontline on the same day. Ukrainian forces targeted Russian personnel, equip