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
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Turkey Condemns Houthi Attack on Riyadh Airport on October 11

According to Turkey's Foreign Ministry statement issued on October 11, Turkey condemned Yemen's Houthi militants for launching an attack on King Khalid International Airport in Riyadh, Saudi Arabia. The statement said attacks deliberately targeting civilian infrastructure and innocent civilians clearly violate international law and humanitarian principles. Turkey called for an immediate halt to actions threatening regional security and stability, and reaffirmed its support for Saudi Arabia's sov
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16:55
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GTA 6 Leaker CyberLeek Demands $30M Market Cap for CYBERLEEK Token, Threatens Full Game Release on October 10

On October 10, the account known as CyberLeek threatened to release the complete Grand Theft Auto 6 build, including full story mode and ending credits, if the Solana-based CYBERLEEK token reaches a $30 million market capitalization. The leaker also published approximately 25 minutes of previously unseen GTA 6 gameplay footage earlier this week, featuring protagonist Jason and scenes from debug mode. CyberLeek simultaneously offered Rockstar Games and Take-Two Interactive an alternative: produce
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SOL2.06%
16:52
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Democrats Vote Against Digital Commodities Ban in Clarity Act, Senator Lummis Confirms

According to Senator Cynthia Lummis, Democrats voted against a proposed ban on trades in easily manipulated digital commodities, which was included in the Clarity Act. The provision aimed to enhance consumer protections in the digital asset space. Lummis highlighted this development in a recent tweet, noting the rejection may impact future regulatory efforts to safeguard investors from market manipulation.
16:42
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Analyst BATMAN Identifies $35M Bitcoin Sell Wall Between $85K-$89K on October 10

Crypto trader BATMAN identified on October 10 that Bitcoin faces more than $35 million in clustered sell orders between $85,000 and $89,000, with $85,000 marked as the first major obstacle. According to Glassnode analysis, trading volumes remained weak despite the preceding rally, and renewed selling activity above $85,000 suggests buyers must absorb available supply before sustained advances. U.S. spot Bitcoin ETFs recorded approximately $244 million in withdrawals on October 8.
BTC1.07%
16:42
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Ethereum Trader Eyes $2,700 Recovery as ETH Holds $2,500 on October 11

According to market commentator Petar Jovanović, Ethereum traded around $2,500 on October 11 with $2,550–$2,600 identified as the key near-term resistance zone. Breaking above that range could open a path toward $2,650–$2,700. However, Ethereum ETF flows signal institutional caution; U.S. spot Ethereum ETFs recorded approximately $201.9 million in withdrawals on October 6, contrasting with $118.8 million in Bitcoin ETF inflows during the same session, suggesting investors have become more select
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ETH1.82%
BTC1.07%
16:32
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XRPL Reveals Critical 11-Year-Old Integer Overflow Bug That Could Create Unlimited XRP, Patched September 25

According to XRPL's official disclosure published October 9, a critical integer overflow vulnerability in the XRP Ledger payment engine could have enabled the creation of unlimited XRP through specially constructed transactions. The flaw was patched on September 25 in xrpld version 3.4.1, with no evidence of exploitation detected on public networks. The vulnerability involved miscalculation of XRP amounts in payments spanning hundreds of offers. Due to integer overflow, the system could wrap cal
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XRP1.28%
16:32
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AI Agents Process 13.5 Million Payments on XRP Ledger in October

According to XRPL AI Hub, AI agents processed 13.49 million agentic transactions on XRP Ledger in October, with activity spanning 168 registered merchants. This represents a substantial surge from July, when the ecosystem crossed one million transactions, and early September when it reached approximately four million. RippleX engineering head J. Ayo Akinyele noted that agentic transactions account for roughly 25% of XRP Ledger activity. The growth underscores expanding adoption of autonomous pay
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XRP1.28%
16:31
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Ripple-Backed Evernorth Begins Nasdaq Trading on October 12 With 473M XRP Holding

According to its October 9 announcement, Ripple-backed Evernorth Holdings completed its merger with Armada Acquisition Corp. II and will begin Nasdaq trading on October 12 under ticker XRPN. Evernorth enters the public market holding approximately 473 million XRP and $300 million in gross cash proceeds. The transaction was backed by investors including Ripple, Arrington Capital, SBI Group, Pantera Capital, Kraken and GSR. The listing provides stock-market investors access to one of the largest p
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XRP1.28%
16:30
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Clarity Act Fails, Opening DeFi Opportunities Amid Regulatory Uncertainty

According to CoinDesk, the Clarity Act's failure to pass is creating opportunities for decentralized finance (DeFi), as crypto industry executives see potential in the regulatory gap. The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) initiatives are expected to drive expansion of regulated on-chain trading and boost institutional participation. Legal experts noted that the regulatory framework will advance gradually but gaps requiring congressional
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16:12
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Bitcoin-Only Life Insurer Meanwhile Raises $37.5M Led by Bain Capital Crypto

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
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BTC1.07%
16:12
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NEAR Surges 7.25% to $5.758 in 30 Minutes

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.
NEAR7.33%
16:07
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Bitcoin, Ethereum and Solana ETFs Record Net Outflows in October, Down $386.3M, $635M and $24.8M Respectively

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.
BTC1.07%
ETH1.82%
SOL2.06%
16:07
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Houthis Launch Four Strikes on Saudi Arabia, Targeting Airports and Energy Facilities in 24 Hours

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
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16:03
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Bitcoin Holds $82,900 on October 10 as ETF Outflows Signal Investor Caution

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
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BTC1.07%