Gate Crypto Flash News and Market Updates

According to Edoardo Campanella, head of investment research at UniCredit, announced on October 12, Europe's efforts to enhance strategic autonomy will likely require higher government borrowing, increased taxes, and expanded government spending rather than simple budget reallocation from social welfare to defense. Campanella warned that even with moderate cyclical economic growth, long-term equilibrium interest rates could shift structurally higher. Without better coordination between fiscal an

EU High Representative for Foreign Affairs and Security Policy Kaja Kallas discussed regional conflicts with Saudi Arabia's Foreign Minister on Sunday (October 11).

According to Liquid247.xyz monitoring, Hyperliquid address 0x020ca6...5872 currently holds 19,250 ETH long positions valued at $49.32 million. ETH was trading at $2,562.30 at the time of reporting.

According to the China Automobile Association, Chinese new energy vehicle production and sales reached 1.248 billion and 1.247 billion units respectively in the first nine months of 2026, up 11% and 11.1% year-over-year. New energy vehicles accounted for 53.6% of total new vehicle sales during the period.

According to Deutsche Bank analysis, Singapore's core inflation is expected to remain at 2.0%-2.5% year-on-year over the next 12 months, above the Monetary Authority of Singapore (MAS) informal target of below 2%, potentially prompting the central bank to allow further appreciation of the Singapore dollar. The bank anticipates the MAS will raise the appreciation slope of the Singapore dollar nominal effective exchange rate (S$NEER) policy band at its monetary policy meeting on October 15 to furt

According to Morgan Stanley's October 8 research note, Apple's iPhone 18 component orders were reduced by at least 15% just four weeks after launch, with major supplier Largan Precision reporting shortened delivery times to 1.5 to 4 weeks. Morgan Stanley maintained its iPhone shipment forecasts at 57 million units for the September quarter and 76 million units for the December quarter, suggesting component reductions have not yet translated into production cuts at manufacturers like Foxconn and

Last week, Bitcoin spot ETFs recorded net outflows of $681 million, ending three consecutive weeks of inflows. Ethereum spot ETFs also saw net outflows of $542 million for the same period, with BlackRock's ETHA (iShares Ethereum Trust) experiencing the largest single outflow of $477 million.

According to Celo, Opera's MiniPay surpassed 20 million activated wallets on October 10, 2026, demonstrating the growing adoption of mobile-based cryptocurrency payment services on the Celo blockchain. The milestone reflects MiniPay's focus on simplifying wallet access through phone number mapping and fee abstraction mechanisms, making blockchain payments more accessible to mainstream users.

According to Yonhapnews, on October 12, WTI crude futures for November delivery fell 2.09% to $89.92 per barrel, with Brent crude December futures declining 1.81% to $102.82 per barrel. Price declines were driven by reports of a U.S.-Russia energy deal and Iran's diplomatic outreach to Saudi Arabia. President Trump announced on October 9 that Russia agreed to supply over 300,000 tons of diesel fuel immediately, with 500,000 tons in November and 1 million tons afterward. Meanwhile, Iran's Foreign

As of October 12 morning close, lithium carbonate futures contract 2701 fell 8.37% to 108,800 yuan/ton, breaking below the 110,000 yuan level and hitting the year's lowest price. The contract has declined nearly 45% from its May mid-month peak of over 200,000 yuan/ton in less than six months.

According to Microsoft, on October 12, the company launched Microsoft-Decision-1, a new decision model built on Qwen 3.5-9B. The model outperformed popular decision frameworks including LLM and Jev 1.13.0 in latency and accuracy for structured decision tasks. Microsoft's Xbox research team has already processed over 10,000 player feedback instances using the model, and CEO Satya Nadella announced on social media that Microsoft is now testing the model across multiple domains, including incident

According to AETOS Holdings, SoftBank Robotics Singapore and SJ Integrated Solutions announced a partnership to develop an AI-powered facility management solution combining robots, building systems, and facilities operations. The companies plan robotics pilots at operational sites in Singapore, including SJ Campus, and will develop integrated software to help building owners and facilities teams coordinate robotic services and improve operational visibility. The announcement did not specify fina

According to Jin10, Bank of Korea Governor Shin Hyun-sung stated on October 12 that inflation trajectory is "most important" in monetary policy decisions. Speaking at a National Assembly budget committee session in Seoul, Shin emphasized that high interest rates disproportionately impact low-income and vulnerable borrowers, adding that the central bank seeks balance between controlling inflation and alleviating pressure on households and businesses.

According to Guru Club, lithium carbonate futures fell 10% intraday on October 12, trading at 106,860 yuan/ton.

According to the Wall Street Journal, Genesis Digital Assets announced on October 12 that it secured $900 million in funding to upgrade and expand its data center operations. The bitcoin mining company, now controlled by SWI Group following a $500 million stake acquisition in June, will leverage its facilities in Texas, North Carolina, and Sweden to provide computing power to major cloud service providers. The company plans to divest its mining assets in Kazakhstan.

According to OKX data reported by PANews, Bitcoin fell below $84,000 on October 12, trading at $83,996.10 with a 0.11% gain on the day.

According to reports on October 12, UAE banks are intensifying competition for deposits as loan demand surges and liquidity tightens across the banking system. First Abu Dhabi Bank (FAB), the country's largest bank by assets, is offering a 5.6% savings account rate on new deposits between September and December, with no minimum balance requirement or withdrawal restrictions. The increased credit demand has been driven partly by infrastructure projects aimed at circumventing the Hormuz Strait, wh

According to Park Sang-hyuk, editor-in-chief of Digital Asset, speaking on SamPro TV on October 12, South Korea's digital asset perpetual futures market faces a critical tax regulation gap. Park stated that perpetual futures lack a formal definition under current capital market and income tax laws, which means they cannot be taxed under the enumeration-based taxation system planned for 2027. Park cited data showing perpetual futures trading volume on Binance exceeds spot trading by six times, wi

According to SolanaFloor data, Solana captured 65% of tokenized equities trading volume in a single day on October 11, 2026. The network's trading volume was approximately 85% greater than the combined volume handled by all other blockchain networks, underscoring its growing dominance in on-chain equity markets. The global tokenized equities sector recorded approximately $15.6 billion in monthly trading volume during the measured period.

According to partners, DATA Network announced on Monday it will migrate to Sui and retire its independent blockchain, backed by a $30 million investment from Sui Foundation. The project's Trace registry, which launched in June, will join the Sui ecosystem, while Walrus, a decentralized storage platform in the Sui ecosystem, will become the default storage layer for DATA Foundation applications. The move leverages Sui's capacity to process millions of daily data registrations and Walrus's ability