Gate Crypto Flash News and Market Updates

Meanwhile, the first life insurer licensed to operate entirely in Bitcoin, raised $37.5 million Thursday from existing investors led by Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures, Pantera Capital, and others, bringing total funding to over $180 million. The Bermuda-licensed company, backed by Sam Altman, received its first Bitcoin-only insurance license from the Bermuda Monetary Authority in July 2024. The round follows record growth driven by its BTC Life 1-P

NEAR Protocol rallied 7.25% in the past 30 minutes, climbing from $5.369 to $5.758 as of today (October 11). The 24-hour trading volume reached $111.27 million, reflecting elevated market activity. Over the past 24 hours, NEAR recorded a 6.79% gain, with intraday high of $5.758.

According to ChainCatcher, on September 2, Multicoin Capital co-founder Kyle Samani announced his largest personal angel investment was committed to Backpack. Samani also joined the platform's US board, according to the announcement.

According to Decrypt's ETF tracker, U.S. spot Bitcoin ETFs are down a net $386.3 million for October through the first seven trading days, with Wednesday's $484.9 million exit marking their worst day since June. Ethereum ETFs extended outflows to nine consecutive days, losing $635 million in October. Solana ETFs also recorded October losses of $24.8 million following five straight days of outflows.

According to a Houthi spokesman, Houthi forces launched four targeted military operations against Saudi Arabia over the past 24 hours using ballistic missiles, cruise missiles, and drones. The first operation, which began the previous night, targeted King Khalid International Airport in Riyadh, causing the airport to cease operations and close completely. The second and third operations struck Saudi Aramco's Shaqdah natural gas facility and Tanajib oil facility in eastern Saudi Arabia, with both

According to CoinGecko, Bitcoin traded around $82,900 on October 10, up 0.4% for the day but down 2.4% over the past week. The cryptocurrency retreated from nearly $87,000 last Sunday, with a market cap of $1.67 trillion as bearish sentiment persists. According to CoinGlass data, U.S. spot Bitcoin ETFs recorded net outflows of approximately $681.11 million during the five trading sessions from October 5 to October 9, with significant outflows of $487.07 million on October 7 and $244.13 million o

According to Iran's FARS News Agency, Iran's Supreme National Security Council secretary said on October 11 that the U.S. response to Iran's latest proposal is insufficient. The U.S. needs to clarify issues that remain unclear to Iran. The U.S. has accepted some of Iran's conditions, but other matters remain unresolved.

According to ChainCatcher, Liquid Network's LBTC-to-Bitcoin redemptions have been suspended for 35 days as of October 11, 2026. An attacker exploited a vulnerability in Elements software to transfer approximately 4,000 BTC; the hacker has returned roughly 3,400 BTC but still holds 598.5 BTC valued at $49.69 million. Blockstream rejected the attacker's demand for a 10% bounty and is demanding immediate return of the remaining bitcoin. The project maintains 86% support from the Liquid Federation.

According to CNBC, Nvidia fell 2.94 percent on Thursday 8 October 2026 to $230.48 after OpenAI disclosed annualized revenue of roughly $50 billion at the end of September, below a widely reported $68 billion figure that included gross partner revenue. The Nasdaq Composite fell only 1.25 percent the same day. On Friday 9 October, Nvidia declined another 0.52 percent to $229.28 while the Composite rose 0.64 percent, extending the chip sector's underperformance. From Wednesday 7 October through Fri

According to PANews and PaperTrade statement on October 11, the platform responded to community concerns about fair launch mechanisms and market manipulation. Trading volume in the first six hours exceeded stock market activity during the same period. The platform now supports 1,000x leverage, with a liquidity pool (LP) of $5 million and $25 million in staking rewards already distributed. Regarding fairness, PaperTrade stated that its queuing mechanism represents the best achievable solution und

According to BlockBeats, on October 11, Strive CEO Matt Cole posted Bitcoin tracking information similar to MicroStrategy's Michael Saylor, stating "Think Bigger" and hinting at plans to announce additional Bitcoin purchases next week. Strive had previously purchased 2,000 BTC at an average price of $84,422 per coin on October 5, investing approximately $169 million. The purchase brought the company's total Bitcoin holdings to 29,462 BTC.

On October 11, India's Shipping Minister reported that M/T VALTHERA, a Marshall Islands-flagged oil tanker, was attacked with projectiles in the Strait of Hormuz. The vessel carries 11 Indian crew members aboard.

According to ChainCatcher, crypto analyst Darkfost reported on Oct 11 that approximately 53% of invested capital in Bitcoin is concentrated above the $83,000 price level, meaning buyers at this level would have lower entry costs than over half of all investors. The $84,000-$85,000 range represents the largest cluster of concentrated holdings and serves as critical resistance for Bitcoin to overcome. Support levels are identified in the $77,000-$79,000 range below.

Today, EU Commission President Ursula von der Leyen had a good call with Ukrainian President Volodymyr Zelenskyy, according to her statement. Von der Leyen expressed full support for Zelenskyy's ceasefire proposal aimed at protecting Ukraine and Russia's global food supplies and energy infrastructure.

According to EC President Ursula von der Leyen, this week's European Council meeting will prioritize Ukraine, with discussions on the country's funding needs for the next year. The EU will also provide additional funding for drones and missiles to strengthen Ukraine's defense capabilities and protect its airspace. The European Council will work to mobilize new global support for Ukraine alongside the financial commitments.

According to security researcher @cyberscrilla, a fraudulent Ledger website and application appeared in top Google search results designed to deceive users into disclosing their 24-word recovery phrases. The site reportedly surpassed 1 million visits in the past 30 days, per Google data. In September, cybersecurity firm Zscaler discovered malicious Google advertisements impersonating Ledger, redirecting users to fake wallet verification pages. Ledger is investigating a suspected wallet theft inv

According to Cointelegraph, Argentina's central bank stated that if President Javier Milei wins reelection, banks may be permitted to provide cryptocurrency-related services to customers during his second term. The statement represents a potential reversal of a ban imposed four years ago. The central bank has not yet disclosed a specific timeline, eligibility requirements, or the range of products that would be allowed.

According to CoinGlass data, the crypto market saw $65.54 million in liquidations over the past 24 hours on October 11, with long liquidations accounting for $32.32 million and short liquidations for $33.22 million. Bitcoin liquidations totaled $3.07 million, while Ethereum liquidations reached $4.51 million. The largest single liquidation occurred on HYPERLIQUID-STRK-USD with a value of $786,900.

According to the International Monetary Fund (IMF), tokenized stocks exhibit lower liquidity and higher volatility compared to traditional stocks. The assessment points to structural differences in the tokenized asset market, including lower trading depth and greater price swings relative to conventional securities markets.

According to HTX market data, Solana (SOL) fell below $110 on October 11, trading at $109.99 with a 24-hour decline of 0.5%.