Gate Crypto Flash News and Market Updates

According to Bitget data, South Korea's KOSPI index (benchmark equity index) experienced a sharp decline today (October 13), prompting the exchange to activate the circuit breaker mechanism for the index.

According to Jin10 Futures, the CNEX-NEX Chinese yuan funding sentiment index reported 46 points as of 08:45 on Oct 13, down 3 points from 16:00 the previous day. The sentiment indices for large banks, mid-sized banks, and non-bank institutions stood at 43, 46, and 48 points respectively, each declining by 3 points. The index uses a 0–100 scale, with 50 representing equilibrium; readings above 50 indicate tightening liquidity conditions.

According to Jin10, crude oil fell slightly on Tuesday, October 13, as markets weighed Saudi Arabia's exposure to attacks against the prospect of increased Russian diesel supplies. President Trump announced Russia has agreed to supply diesel to global markets, and his administration temporarily lifted sanctions on Russian fuel. KCM Trade Chief Analyst Tim Waterer noted that additional Russian diesel supply provided some relief, though markets remain concerned about further attacks on Gulf shippi

According to PANews, spot silver broke below the $60 per ounce level on October 13, trading at $59.999, down 0.48% intraday.

According to Guru Club, Malaysia's King Ibrahim Iskandar purchased a 2.25% stake in Singapore-listed mining company Southern Alliance Mining Ltd. today (October 13) for 6.1 million SGD ($4.8 million). The king acquired the shares from company managing director Pek Kok Sam at 0.425 SGD per share, representing a 12% premium to Monday's closing price of 0.380 SGD. The acquisition comes as Southern Alliance Mining expands into Malaysia's rare earth sector, with projects underway in Johor, the king's

According to Coinglass data, Ethereum spot contract open interest decreased 6.29% in the past 24 hours, reaching a total of $29.713 billion. Binance holds the largest position with $8.793 billion, followed by Bybit at $2.059 billion, Gate at $1.85 billion, and OKX at $1.629 billion.

According to BlockBeats, citing monitoring data from TradingBeats, Ethereum trader Macho Brother (Huang Licheng) is facing liquidation risk on October 13. His ETH long position of $8.5 million has a liquidation price of $2,392.90, while ETH is currently trading at approximately $2,428.51, leaving a liquidation buffer of just $36. The trader's account balance stands at $288,000, entirely used as margin for the ETH long position. Over the past week, the account has incurred losses exceeding $11.9

According to a Chinabank Futures research report on October 13, U.S. pending home sales fell 4% month-over-month in September, marking the largest single-month decline in over three years and reaching the lowest level since 2014. Separately, according to Xinhua News Agency, Houthi forces conducted four military operations against Saudi Arabia's airports and energy facilities within 24 hours, escalating the Yemen-Saudi conflict. Federal Reserve Governor Hammack stated that inflationary pressures

According to Jin10 Futures, crude oil prices rose on October 13, providing strong cost support for domestic fuel oil. Refineries increased shipments with strengthened price support confidence. However, downstream buyers remained cautious at elevated levels, limiting gains in fuel oil prices.

According to Korea Securities Depository, South Korea's corporate bond and CD issuance in Q3 2026 totaled 178.3 trillion won, declining 1.9% from the previous quarter but rising 11.1% year-over-year. Bond issuance reached 166.4 trillion won, down 2.8% quarter-over-quarter, while CD issuance grew to 11.9 trillion won, up 13.3% sequentially. The decline reflects impact from the Bank of Korea's interest rate hikes in July and August, marking the first increases in three years and six months.

According to ChainCatcher, Dutch semiconductor equipment manufacturer ASML will report third-quarter earnings on October 14. Wall Street analysts forecast Q3 revenue of €11.73 billion, up 55% year-over-year, and earnings per share of €10.76, nearly double from €5.49 in Q3 2025. The company guided for full-year revenue of €430–450 billion and plans to increase EUV system production capacity by approximately 30% in 2027.

According to the Financial Stability Board (FSB), released on October 12, global stablecoins reached approximately $300 billion in market capitalization, with 99% denominated in U.S. dollars. The FSB warned that individual countries cannot adequately respond to stablecoin crises due to cross-border trading patterns and fragmented regulatory oversight. The report highlighted challenges including regulatory arbitrage, unclear legal jurisdiction for multinational issuers, and difficulties in tracki

According to Alternative.me data, the Crypto Fear & Greed Index fell to 57 today (October 13), down from 69 yesterday, indicating the market remains in a greedy state.

According to The New York Times, on October 13, Elon Musk has donated over $276 million to Republican groups and super PACs since early July to support midterm election efforts, making him the largest political donor in U.S. midterm history. Musk contributed $158 million to the Senate Leadership Fund, one of the largest political donations in American history, and over $76 million to America PAC, a super PAC he founded in 2024, to fund voter mobilization initiatives. In the 2025-26 election cycl

According to Reserve Bank of Australia meeting minutes released today (October 13), if Australian interest rates do not rise, increases in global neutral rates could place downward pressure on the Australian dollar.

According to the latest Reserve Bank of Australia (RBA) meeting minutes, board members expressed concern that employment data requires careful interpretation due to changes in survey methodology.

According to Yonhap Infomax, Japan's Nikkei 225 index fell 1,556.33 points (2.25%) to 67,474.59 on October 13, tracking weakness in U.S. semiconductor and AI-related stocks overnight. The Philadelphia Semiconductor Index dropped over 2% as Chinese chipmaker CXMT's growth dampened investor sentiment. Tokyo Electron and Ibiden also fell over 5% each. Middle East tensions added further pressure; Yemen's Houthi forces claimed responsibility for striking Riyadh's international airport on October 12,

According to Morgan Stanley chief global economist Seth Carpenter on October 12, France's 30-year bond spread to Germany exceeded 150bp for the first time since the eurozone debt crisis of over a decade ago. Carpenter noted that France faces simultaneous fiscal deficits sustained over years and recent political uncertainty, testing bond market investors' patience. Morgan Stanley projects France's 2027 fiscal deficit relative to GDP at 5.4%, exceeding the government's 5.0% target. The economist a

Elon Musk said on Monday, October 12, that China's ability to scale production of manufactured goods often exceeds the combined capacity of all other countries, with this evident in lithium batteries and solar panels. However, Musk noted SpaceX remains a rare exception: it dispatches roughly 10 times more payload to orbit than all other nations combined. Excluding SpaceX, most cargo launched to orbit currently comes from China, Musk wrote on X.

According to Yonhap Infomax, Kakao Bank launched financial services for foreign residents on October 13, offering bank accounts, debit cards, international transfers, and group savings features through its existing app. The move supports the company's value-up goals announced two years ago, which include reaching 30 million customers and 100 trillion won in total assets by next year. As of the second quarter 2026, Kakao Bank had 27.63 million customers and approximately 76 trillion won in assets