Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
10:07
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Tata Communications Plans $450M AI Fiber Investment Across India on October 26

According to Reuters, Tata Communications announced on October 26 a $450 million investment to build 10,000 km of fiber links for AI data center corridors across India. The three-phase rollout will first cover the Mumbai-Pune-Hyderabad-Chennai corridor, then expand to India's east coast and western regions including Vizag, Bhubaneswar, Jamnagar, and GIFT City, connecting data center clusters with cloud services, global capability centers, and banks.
10:04
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Fed's Wednesday Meeting Expected to Hold Rates Steady, Rate Hike Probability Around 10%

According to Investopedia, the Federal Reserve's policy committee is widely expected to hold interest rates steady at its Wednesday meeting as officials show patience in fighting inflation. The CME Group's FedWatch tool estimates the probability of a 0.25 percentage point rate increase at approximately 10%. Despite inflation running above the Fed's target for five consecutive years and unemployment hovering near historic lows, experts anticipate the central bank may pause in October and resume r
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09:51
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South Korea IRS Rates Fall on Oct 26 Across All Terms

According to Yonhap Infomax, South Korea's interest rate swap (IRS) rates declined on October 26. The 1-year IRS rate fell 3.25 basis points to 3.5550%, while 3-year, 5-year, and 10-year rates dropped 3.50bp, 3.00bp, and 4.00bp respectively, as of 4:30 PM local time. Credit rate swap (CRS) rates also declined, with the 1-year term falling 3.00bp and the 10-year dropping 4.50bp.