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
13:11
0

HSBC Launches RedCoin Hong Kong Dollar Stablecoin to 3.3M PayMe Users on Friday

According to HSBC's announcement, the banking giant launched RedCoin, a Hong Kong dollar stablecoin licensed by the Hong Kong Monetary Authority, on Friday, making it available to activate by more than 3.3 million PayMe users in the coming days. RedCoin holders can send the token to friends or pay at more than 100,000 PayMe merchants. HSBC also plans to add RedCoin to its HK Mobile Banking app later this year, with plans to expand into wholesale corporate and institutional use cases.
12:53
0

Argentine Judge Clears Milei and 10 Others in LIBRA Criminal Case on October 23

According to FinanceFeeds reporting, Argentine federal judge Marcelo Martínez de Giorgi cleared President Javier Milei, his sister Karina Milei, and nine others in the LIBRA criminal investigation on October 23. The 60-page ruling found insufficient evidence to establish fraud or criminal liability. The token collapsed in February 2025 from above $4 billion market capitalization to 90% loss within hours. Judge Martínez de Giorgi concluded that Milei's promotional visibility and the timing of ins
More
12:35
0

France Reports 410,000 Protest Participants, 1,314 Arrests on October 24

According to France's Interior Ministry, on October 24, approximately 410,000 people participated in nationwide protests, with around 110,000 demonstrators in the Paris region. The Interior Ministry reported on October 25 that 1,314 people were arrested across the country during the demonstrations.
12:30
0

Polymarket WTI Crude Oil $110 Breakthrough Probability Falls to 31% in 24 Hours, Down 19%

According to PPP prediction market tool monitoring, the probability of WTI crude oil surpassing $110 per barrel for the remainder of October on Polymarket fell to 31% in the last 24 hours, down 19%. The shift comes as Trump stated today that oil prices will fall soon. Trump previously claimed the U.S. could end the Iran conflict "very quickly," adding that the current question is "whether we want to end it or let it slowly wither away." Trump also asserted the U.S. "can take all of Iran's oil."
More
12:22
0

Trader Killa Suggests DCA Into Bitcoin as BTC Pulls Back 9% Amid Q4 Consolidation

According to ChainCatcher, renowned trader Killa suggested investors continue dollar-cost averaging (DCA) into Bitcoin over the coming weeks. Killa noted that Bitcoin has pulled back approximately 9% recently, which he views as a healthy correction within a bull market. Fourth-quarter buyers are waiting for lower entry prices, the trader added.
BTC-0.44%
12:21
0

Galaxy Research Analyzes 40 Daily Bitcoin Inscriptions Over Three Weeks, Finds No Hidden Messages

According to Galaxy Research, Bitcoin's network has seen approximately 40 daily inscriptions composed of random characters over the past three weeks. After analyzing 562 samples, researchers found English letters appeared with a frequency of 3.6% to 4.2%, significantly different from natural text distribution. On-chain transaction patterns showed automated characteristics, with transaction chains extending up to 86 consecutive transactions. The project had transferred approximately 3.33 million
More
BTC-0.44%
12:13
0

SpaceX and China Race for Orbital AI Satellites as $1 Trillion Space Computing Market Looms by 2035

According to Fortune, on October 22, SpaceX and Chinese technology companies are competing to deploy artificial intelligence computing infrastructure in space. SpaceX plans to begin deploying orbital AI computing satellites starting in 2028, leveraging solar power to address energy constraints faced by ground data centers, with an annual deployment target of 100 gigawatts (GW). China has already launched its first batch of 12 space computing satellites in 2025, marking the world's first operatio
More
12:02
0

SpaceX in Talks to Secure 80,000 Cell Sites for Starlink Mobile; Stock Rises 1.89% on October 23

According to Bloomberg via Yahoo, SpaceX is in talks with at least one tower company, including Crown Castle, to secure a minimum of 80,000 U.S. cell sites for its Starlink Mobile service, with potential deal value reaching into the billions. The talks are private and neither SpaceX nor other tower operators have confirmed details. Gwynne Shotwell, SpaceX president and chief operating officer, confirmed on the October 20 earnings call that Starlink Mobile surpassed 22 million monthly users as of
More
11:47
0

WLD Whale Erases Entire 2025 Gains, Posts Zero Profit on $22M in Trading This Year

According to Arkham tracking data, a Worldcoin (WLD) whale address has wiped out its profits from 2025 despite significantly increasing trading volume this year. The address generated nearly $1 million in profits from approximately $6 million in WLD trades in 2025, but has since accumulated $22 million in trading volume in 2026 without realizing any gains, fully surrendering last year's profits. The address currently holds approximately 11.2 million WLD tokens.
WLD-4.24%
11:40
0

Apple iPhone Duo Screens Crack on Launch Day; Multiple Users Report Similar Damage

According to multiple social media reports, on October 23 (launch day), Apple's first foldable iPhone Duo saw multiple users report screen cracks shortly after receiving their units. An Australian user reported the screen cracked along the hinge with an audible snap after just 6 hours of use and fewer than 20 folds. Similarly, users in China reported hearing a cracking sound while unfolding the screen, with cracks appearing around the fold area. Apple appears to be replacing affected units at it
More