Gate Crypto Flash News and Market Updates

According to ChainCatcher, Solana Foundation Chair Lily Liu held the foundation's inaugural capital markets summit in Shanghai on Thursday. Hundreds of asset allocators and builders from China and globally attended the event to discuss capital formation around innovation.

According to CoinGlass, 103,612 traders were liquidated over the past 24 hours with total losses reaching approximately $359 million. Long positions accounted for $281 million of liquidations (78.3%), while short positions totaled $78.1 million. Ethereum recorded the highest liquidation volume at $81.8 million, primarily from long positions ($72.9 million). Bitcoin liquidations reached $48.4 million, split between longs ($25.3 million) and shorts ($23.1 million). The largest single liquidation o

According to PANews on October 18, Leopold's Situational Awareness Fund will disclose its third-quarter stock holdings on November 16. The fund posted gains of approximately 439% in the first half of 2026, primarily focusing on Seagate (SNDK) and Micron (MU) with roughly 4x leverage. The fund experienced a monthly drawdown of approximately 67% in July following a significant decline in AI-related stocks. Subsequently, it sold most of its public equity holdings, with a substantial portion acquire

According to ChainCatcher, Qubic disclosed that 1,404 wallets were drained of approximately 2.94 trillion QU tokens, valued at $1.3 million, in an unauthorized transfer occurring between 23:42 and 01:26. Network validators subsequently halted trading at tick 85,371,949. The project attributed the incident to predictable wallet seeds generated on legacy Apple devices and browsers. Approximately 87.1% of the stolen QU remains on the halted Qubic network, while 12.9% was transferred to cryptocurren

According to Decrypt's ETF tracker and SoSoValue, U.S. spot Bitcoin ETFs posted net outflows of $228.6 million this week, following a $681.1 million drain the week prior, bringing total outflows to approximately $910 million over two weeks. For October, the funds are down about $615 million. Outflows outweighed inflows on three of five trading days, with Wednesday's $261.4 million exit marking the week's worst session. The outflows coincided with hotter-than-expected inflation data, with the con

According to Russian Deputy Prime Minister Novak, Russian diesel will enter the U.S. market within 15-20 days of contract signing, announced on October 18. The U.S. Department of Energy has identified the buyer company, and negotiations on commercial terms are currently underway. Once the contract is signed, fuel deliveries to the U.S. are expected to begin within the specified timeframe.

According to French Interior Ministry, nationwide protests erupted across France on October 17, turning violent in multiple cities including Paris, Lyon, Marseille, and Lille. Government estimates put participation at around 550,000, while organizers claimed 800,000 demonstrators. The unrest resulted in vehicle fires, looted shops, and attacks on public buildings including Lyons's tourism office and municipal halls in Marseille and Lille. Interior Minister Nunez reported on October 18 that over

According to Meta investor relations and options market pricing, Meta reports third-quarter 2026 earnings on October 21, with Wall Street examining whether its $145 billion annual capital expenditure plan generates stronger profits rather than merely higher infrastructure costs. Options traders are pricing a potential 6% move in META shares following the announcement, equivalent to approximately $42 in either direction from Friday's $709.33 closing price. Analysts expect approximately $63.3 bill

According to Jin10, on October 18, Russian Foreign Minister Sergei Lavrov called for addressing root causes of tensions in the Hormuz Strait region during the ninth round of Russia-GCC strategic dialogue in Manama, Bahrain. At a post-ministerial press conference, Lavrov stated that resolution requires "eliminating the sources of conflict in the Hormuz Strait area," including implementation of the U.S.-Iran agreement under the Islamabad Memorandum framework that "we all welcome." Lavrov emphasize

According to Jin10, U.S. President Trump on October 18 endorsed Israeli Prime Minister Benjamin Netanyahu for reelection, calling him a great wartime leader and a superior partner in combating Iran and maintaining peace. Trump stated that Iran's military and financial capabilities have been systematically destroyed, and unless Iran rapidly changes course, the task will be completed soon. Trump added that if Israel chooses any leader other than Netanyahu, the U.S. would need to complete the work

On October 18, U.S. Treasury Secretary Bessent stated that European countries are funding Russia's war machine. According to Bessent, the U.S. imported $4 billion worth of Russian products, with $1.8 billion in fertilizers. European nations' imports exceeded the U.S. level by more than tenfold.

According to Guru Club, U.S. Treasury Secretary Bessent clarified on October 18 that no sanctions against Russia have been lifted, despite a 60-day deadline in place. The only measure canceled so far is the diesel ban, Bessent stated in response to questions about potential sanctions relief.

According to BlockBeats, on October 18, Trade.xyz—a blockchain-based platform offering continuous price discovery through perpetual contracts over the weekend—forecasts South Korean stocks to decline approximately 4–5% at Monday's opening. SK Hynix is currently quoted at $907.95 on the platform, down from Friday's close of $954.75, while Samsung Electronics stands at $155.81 versus Friday's $161.75 close. U.S. tech stocks tracked on Trade.xyz show mostly modest declines, with most major indices

According to Coin Bureau, Anthropic co-founder Jack Clark warned on October 18 that artificial intelligence could boost U.S. GDP from approximately $30 trillion to $44 trillion, but humanity may have only several years to establish effective safeguards to ensure AI remains under human control. Clark also cautioned that AI could trigger a so-called "singularity" and called for global rules to prevent AI misuse in biological research and cyber weapons development. Anthropc is reportedly planning a

According to Russian Defense Ministry, on October 18, Russian forces conducted a drone strike against a cargo ship carrying military and dual-use supplies southwest of Odesa Port. The vessel was struck approximately 50 kilometers southwest of the port while en route to deliver supplies to Ukraine.

According to Babylon's October 14 governance proposal, Bitcoin holders could borrow stablecoins through Aave V4 without transferring BTC from the Bitcoin blockchain. Users would lock native Bitcoin in Taproot vaults while accessing liquidity through an Ethereum-based accounting token. The system uses Babylon's Trustless Bitcoin Vaults to bridge collateral with Aave's infrastructure. Governance participants raised concerns on October 16 about withdrawal mechanics and emergency controls. Babylon e

According to Bitcoinist, the French National Assembly passed an amendment to the 2027 budget in a narrow vote, with 38 lawmakers voting in favor and 37 against, that would change how capital gains are taxed when cryptocurrencies are converted into stablecoins. Nicolas Sansu, who introduced Amendment No. 3898, argued that converting volatile cryptoassets into stablecoins should receive the same tax treatment as cashing out into ordinary currency. The adopted amendment is not yet final law. The bu

According to StockAnalysis, Williams Trading analyst Sam Poser downgraded Birkenstock (NYSE: BIRK) to Sell from Hold and cut the price target to $27 from $39 on October 16, 2026. The stock closed at $33.85, down $2.04, or 5.68 percent. Poser cited concerns that fiscal 2028 targets will not be met, citing rising promotions especially in Europe and more cautious 2027 plans among loyal Americas wholesale accounts. The move came after the session opened at $36.10 and peaked at $36.57.

According to BitPinas, Philippine cryptocurrency exchange Coinsph responded to earlier CoinDesk reports about potential license revocation by clarifying that its subsidiary Betur Inc.'s Virtual Asset Service Provider (VASP) license and DCPay Philippines' Electronic Money Issuer (EMI) license remain valid. The company denied providing services to unlicensed offshore betting operators. Coinsph noted that the Bangko Sentral ng Pilipinas (BSP) restrictions only affect fiat deposits through InstaPay

According to The Energy Mag, Anthropic signed a 20-year data center lease with EverWind Fuels today to support Claude AI model operations. The agreement covers an initial 95-megawatt facility in Point Tupper, Nova Scotia, with operations planned to begin in late 2027. The project is expected to attract over $10 billion in private investment, including more than $8 billion for the data center and approximately $2 billion for related wind power infrastructure.