Gate Crypto Flash News and Market Updates

According to Iran's military spokesman Akramaniya, reported by Jin10 on October 16, Iran has deployed new military equipment with enhanced defensive capabilities. The military has significantly strengthened national defense coverage and conducted joint exercises with the Revolutionary Guard's aerospace force. Akramaniya stated that Iran has shot down multiple U.S. drones in recent weeks and implemented new combat and equipment plans under the Defense Ministry's leadership.

According to MSCI's announcement on October 10, Strategy's stock price dipped 4% in after-hours trading on October 15 after the index giant revealed new rules removing "non-operating companies" from its Global Investable Market Indexes, including the MSCI World Index. Strategy, with a float-adjusted market value of approximately $40 billion as of October 9, is the largest name potentially affected by the rules. MSCI named Strategy specifically as under threat of removal due to holding the majori

According to Lily Liu, president of the Solana Foundation, the Solana Accelerate event in Shanghai was postponed on Friday after pre-registration exceeded the event cap set by local authorities. Event registration quadrupled overnight following publicity for the event, and organizers decided to postpone to comply with local requirements. This follows a similar incident in October 2025, when a Solana event in Shenzhen was cut short due to venue capacity and public-safety concerns.

According to President Volodymyr Zelensky, Ukraine expects to receive additional F-16 fighter jets from Belgium by the end of 2026. The statement reflects ongoing NATO support for Ukraine's military capabilities amid the ongoing conflict.

According to Wall Street Journal reporter Nick Timiraos, Fed Chair Powell declined to signal additional rate hikes on October 16, ahead of the October 27-28 policy meeting, despite stronger-than-expected September inflation data. Powell met with IMF Managing Director Kristalina Georgieva in Bangkok, neither endorsing nor contradicting colleagues' recent signals against rushing into further rate increases. Core consumer price inflation rose 0.33 percent month-over-month in September, marking the

According to BlockBeats, on October 16, Celestia launched Eden, a high-performance EVM chain running on Celestia. Eden serves as an experimental sandbox for Agentic Commerce, enabling AI Agents to test autonomous payments, on-chain trading, and model invocations. The chain features EVM compatibility, atomic batch transactions, application-level gas abstraction, and native TIA gas token to reduce friction during continuous payment and interaction operations.

According to Morningstar analyst Phelix Lee, TSMC stock on October 16 is trading 27% below its fair value of $534, with the company's 'leave no food on the table' pledge signaling potential investment expansion in advanced semiconductor production. Morningstar estimates TSMC's capital expenditure could reach $98 billion in 2028, up 53% from its 2026 estimate, driven by increased production of 2-nanometer and 1.4-nanometer chips. Morningstar confirmed TSMC is discussing Tesla's proposed Terafab c

According to CryptoQuant, Ethereum leverage positions on Binance have been cleared, with the ETH market structure improving. However, the platform noted that the market currently lacks clear catalysts to drive prices higher. CryptoQuant highlighted the need to monitor whether USDT inflows return to Binance and whether Coinbase's premium index turns positive as potential bullish signals.

According to the announcement on October 16, Hanwha Systems completed the divestiture of all 22.169 million shares of Hanwha Ocean (7.24% stake) for 1.3834 trillion won, scheduled to settle on October 19. This marks the second equity monetization this year; combined with an April sale of 1.7 trillion won, the company has raised a total of 3.0834 trillion won in 2026. The transaction was structured as a primary risk swap (PRS) with settlement based on share price movements relative to a reference

According to Rune Christensen, Sky's quarterly operating expenses fell to $6.8 million as of October 16, down from over $20 million a year earlier. Christensen attributed the reduction to Sky's treasury management mechanism, which enables more predictable spending and maintains costs within defined parameters while continuing to support protocol security, maintenance, and development initiatives.

According to CoinDesk, SEC Chair Paul Atkins approved a rule change proposed by Cboe Global Markets on October 13, allowing the listing of binary options tied to key performance indicators of 23 U.S. publicly traded companies. Crypto-related metrics include Coinbase (COIN) trading volume, Robinhood (HOOD) customer count and revenue, and Mara Holdings (MARA) bitcoin production. The contracts are cash-settled European-style options exercisable only at expiration, with settlement data sourced from

According to XRP Insights, exchange-attributed wallets accumulated 83.94 million XRP between October 12 and October 15, raising questions about potential selling pressure. Data from 699 tracked addresses across 24 cryptocurrency exchanges showed consecutive daily increases, with the largest occurring on October 14 at 35.21 million XRP. The increase lifted tracked exchange holdings from approximately 21.97 billion to 22.06 billion tokens. Binance-attributed wallets added 54.61 million XRP over th

According to Ripple's announcement, on October 15, Ripple launched Ripple Prime, offering 24/7 institutional trading in perpetual swaps across 100+ real-world asset markets including equities, stock indexes, exchange-traded funds, metals, energy and foreign exchange. Virtu Financial is among the institutional firms already trading the newly supported instruments, with clients able to access perpetual swaps referencing futures contracts listed on Hyperliquid. Ripple's USD stablecoin RLUSD can be

Bitget launched its Open Custody Network on October 16, allowing institutions to access the exchange's trading and liquidity infrastructure while maintaining third-party custody arrangements of their choice. The network integrates six custody and settlement partners: Copper, Fireblocks, Cactus Custody, Bitfire, OSL, and Sygnum. Eligible institutions can trade spot, spot margin, and futures markets through off-exchange settlement models tailored to their compliance requirements and operational fr

According to Reuters, Circle CEO Jeremy Allaire announced plans on October 16 to expand into approximately 40 emerging and developing countries across Southeast Asia, Latin America, Africa, and the Middle East. The expansion is supported by Circle's $400 million acquisition of Tazapay and a $100 million strategic investment from Binance. As of Q2 2026, USDC circulation reached $73.3 billion, representing a 19% year-over-year increase. Allaire noted that blockchain technology is transitioning fro

According to Foresight News, the Tokenized Asset Coalition (TAC) launched the Global Access Protocol (GAP), a framework enabling composability for tokenized securities in DeFi. The protocol was developed over one year with the Digital Securities Initiative and followed discussions with the U.S. SEC, CFTC, and Treasury Department. TAC simultaneously announced 12 new members, including OpenZeppelin, Euler, and the Enterprise Ethereum Alliance. Additional details will be disclosed next week.

According to Base's official X account, Base tweeted about Pendle on October 16, 2026, stating "Pendle looking good here." The tweet received 7 likes. Pendle is a decentralized finance protocol focused on tokenizing future yield from crypto assets.

According to Bank of America strategist Michael Hartnett, risk-averse sentiment is expected to dominate markets in coming weeks as investors navigate rising rates, the U.S. midterm elections, and artificial intelligence volatility. Real yields have climbed to 3% amid broad global bond selloffs, while energy price gains and persistent inflation have fueled investor concerns. Hartnett's team anticipates the Federal Reserve will raise rates in October to restore credibility, given inflation has exc

According to sources, Russia conducted over 400 attacks on Naftogaz facilities in 2026, more than double the number from the previous year.

According to PANews, OKX Chief Marketing Officer Haider Rafique announced today (October 16) that he will step down after nearly seven years with the exchange to focus on family and personal matters. He thanked OKX founder Xu Mingxing and colleagues for their support.