Gate Crypto Flash News and Market Updates

According to official data, Japan's M3 money supply grew 1.2% year-on-year in September, unchanged from the previous month's reading of 1.2%.

According to Yonhapinfomax, USD/KRW fell 3.60 won to 1,341.50 won on October 14 morning, as the U.S. dollar weakened following dovish remarks from New York Federal Reserve President John Williams. Williams stated in an interview that one more rate hike may be appropriate this year, but next year will not require additional increases. USD/JPY stood at 158.321 yen and EUR/USD at 1.11969.

OPEC revised down its 2026 global oil demand growth forecast to 180,000 barrels per day on Tuesday, compared to its previous estimate of 380,000 barrels per day. Meanwhile, the organization raised its 2027 oil demand growth prediction to 2.55 million barrels per day from 2.36 million barrels per day.

According to BlockBeats, on October 14, Binance announced it will shut down Binance Pool and related services on November 10, 2026 at 07:00 UTC, ending its six-year mining business. The closure includes Pool Savings, Cloud Mining, Transaction Accelerator, and related features. As of late 2025, Binance Pool operated approximately 26 EH/s of hashrate and ranked ninth among Bitcoin mining pools with about 2.3% of total network hashrate, according to Hashrate Index. Connected miners will be disconne

According to Venezuela's Ministry of News and Communication, the government signed a memorandum of understanding with Italian airline Alitalia on October 13 to resume direct flights between Caracas and Rome. The service is scheduled to launch on March 30, 2027, with three flights per week. The route is expected to provide over 90,000 seats annually.

According to its official announcement on October 13, 361 Degrees (01361) reported that its main brand recorded mid-single-digit retail sales growth year-over-year in the third quarter of 2026 based on retail value. The company's childrenswear brand also achieved mid-single-digit retail growth during the same period, while its e-commerce platform posted mid-to-high single-digit flow growth compared to Q3 2025.

On Tuesday, the S&P 500 ended flat while the Nasdaq 100 fell 0.3% and the Dow Jones Industrial Average slipped 0.4%. Memory chip stocks came under pressure following China's CXMT announcement of plans to release a new, more powerful chip by year-end, with the Roundhill Memory ETF (DRAM) falling about 5%. Federal regulators fined Bank of America Corp. (BAC) more than $1.21 billion on Tuesday for widespread, systemic failures in its anti-money laundering and sanctions compliance programs.

According to a Bloomberg interview on October 13, New York Federal Reserve President John Williams stated that no rate hikes are needed in 2027, while one additional rate increase may be warranted in 2026 to combat inflation. Williams indicated he expects inflation to decline significantly next year and approach the Fed's 2% target, though he noted energy prices and tech investment are currently pressuring prices.

According to Saudi Arabia's Energy Ministry on October 14, an administrative building at Saudi Aramco's headquarters in Dhahran, Eastern Province, was struck and caught limited fire, with no casualties reported so far. A Saudi-led coalition said ballistic missiles targeting the region were intercepted, with debris falling into Dhahran residential areas. Houthi military spokesman Yahya Saree threatened a "severe and painful" response to coalition strikes on Sanaa and warned of potential attacks o

According to Guru Club, on October 14, Elon Musk commented on challenges facing data center financing, stating that while super-computing data centers have strong demand, securing funding to build complex hardware systems with massive power, cooling, and network infrastructure is fundamentally different from actually constructing them.

According to Guru Club, on October 14, Morgan Stanley raised its fourth-quarter Brent crude oil price forecast by $5 per barrel to $105.

According to the Shanghai municipal government, the city released a new five-year energy development plan on October 13 targeting 3 million kilowatts (3 GW) of energy storage capacity by 2030. The plan emphasizes accelerating diverse new energy storage applications and improving conversion efficiency. The announcement aligns with the national 15th Five-Year Plan, which sets a nationwide energy storage target of 300 million kilowatts by 2030. As of June 2026, China's installed new energy storage

According to Chainalysis, the National Crime Agency (NCA) has recently seized over $10 million and identified hundreds of unique scammer identifiers in a significant crackdown on West African scam networks. The operation was conducted in collaboration with law enforcement and tech companies, including Chainalysis, to disrupt fraudulent activities. By identifying specific scammer identifiers, authorities aim to disrupt the operations of these networks and protect potential victims in the crypto e

According to South China Morning Post, Micron Technology (MU-US) shares fell 3.6% to $953.19 on Tuesday, October 13, marking the fourth consecutive trading day of decline. The decline followed reports that China's CXMT achieved progress in developing 4F² server memory products, potentially launching them by year-end. This advancement in chip density has deepened market concerns about intensifying competition in the memory sector. Counterpoint Research noted that China's Yangtze Memory Technologi

According to ChainCatcher, bitcoin treasury company Strive announced the launch of a new class of perpetual preferred stock, SATS, via initial public offering, targeting $500 million in proceeds. The shares carry a fixed 15% dividend yield and will be priced at $100 per share with 5 million shares issued, payable daily. The new shares rank junior to Strive's existing perpetual preferred stock SATA, which carries a 13% floating dividend rate. Proceeds will be used to purchase bitcoin, acquire yie

According to the USDA Weekly Crop Progress Report, as of the week ending October 11, 2026, U.S. soybean harvest rate reached 46%, exceeding market expectations of 44%. Meanwhile, U.S. corn harvest rate came in at 33%, below the expected 38%, signaling a slower pace than anticipated.

According to OPEC's monthly report, the organization raised its global oil demand growth forecast for 2027 on Tuesday, citing the need to rebuild reserves following consumption related to Iran conflicts. Simultaneously, OPEC lowered its 2026 demand growth forecast for the sixth consecutive month. Saudi Arabia, OPEC's largest producer, increased crude production to 8.372 million barrels per day in September, up over 2 million barrels daily from August, according to data reported to OPEC.

According to Vortexa, Iran's seaborne crude exports have fallen to zero since mid-September and remain halted as of October 5, following U.S. maritime blockade. In early September, Iran's average daily export stood at 230,000 barrels. Iranian floating storage has declined to 83 million barrels, with 43 million barrels stranded west of the Strait of Hormuz due to the blockade. Vortexa stated the U.S. action effectively cut off Iran's crude oil export corridor from the Persian Gulf. Iran's liquefi

According to Jin10 Data and Iranian Navy statement, on October 13, the Iranian Navy detected a "non-compliant" oil tanker that caught fire while transiting the Strait of Hormuz. The vessel had disabled its tracking system and attempted to pass through a restricted zone east of the strait. The Iranian Navy emphasized that it maintains real-time monitoring of all hostile activities and vessel movements across the region through deployed military forces. The Navy reminded all ships to comply with i

According to Jin10, KKR views the global bond market selloff as an opportunity to lock in yields comparable to Asian junk bonds while managing credit risk. KKR Asia head of liquid credit Dengzhao Pan said the firm sees this as "a chance to upgrade portfolio quality, not a reason to wait, offering investors greater safety margins and lower expected credit losses." As of June, KKR managed $796 billion in assets. Rising geopolitical tensions and subsequent central bank tightening have lifted invest