Gate Crypto Flash News and Market Updates

According to Google Cloud, the company today announced a preview version of Looker Data Apps, an AI-powered application designed with native governance and security capabilities. The new tool aims to enable users to build data-driven applications with built-in compliance and data protection features.

According to EU High Representative Kaja Kallas, 60 countries joined the 'Zero Fees, Zero Tolls' global initiative today (October 12), committing to oppose the levying of tolls or other fees on international maritime shipping lines. Kallas emphasized that international navigation must be accessible to all, not only to those who can afford it.

Asus introduced the XA P2N-E2, a 2U server built on NVIDIA's MGX architecture and powered by NVIDIA Vera CPU, designed for agentic AI and reinforcement learning workloads. Unveiled at the OCP Global Summit 2026, the server supports up to two dual-socket NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs, combining high single-thread CPU performance with flexible GPU acceleration for code execution, tool invocation, sandboxing, data processing, and orchestration tasks beyond AI model inference.

According to CCTV, the UK summoned Iran's ambassador to Britain, Ali Mousavi, today (October 12) over alleged ongoing malicious activities. The British government simultaneously announced sanctions against two Iranian nationals, including freezing assets, banning entry to the UK, and revoking corporate directorship eligibility. The sanctions were linked to alleged involvement in criminal networks targeting Iranian dissidents.

According to Decrypt, NEXTPredict purchased contracts on Kalshi for a $12,000 premium to hedge its October 22–23 conference, with potential payouts of up to $3 million if more than half of flights scheduled to land at John F. Kennedy International Airport are canceled on October 21. Susquehanna serves as the market maker in the trade, marking the first time an events organizer has hedged a conference on a prediction market. The settlement condition acts as a proxy for major disruptions that coul

According to BlockBeats citing BIT data, on October 12, U.S. storage and optical communications sectors saw narrowing declines. In the storage sector, Micron (MU) fell 2.88%, Western Digital (WDC) declined 2.11%, Seagate (STX) dropped 3.62%, and SK Hynix (SKHY) fell 3.67%. In optical communications, Applied Optoelectronics (AAOI) fell 6.47%, Coherent (COHR) dropped 7.14%, Credo (CRDO) fell 5.69%, and Lumentum (LITE) declined 1.57%.

According to CoinMarketCap, the top 100 cryptocurrencies by market cap showed mixed performance today (October 12). Top gainers: Pyth Network (PYTH) +13.30%; LayerZero (ZRO) +11.33%; Filecoin (FIL) +6.81%. Top decliners: Starknet (STRK) -23.25%; Aptos (APT) -12.12%; Jupiter (JUP) -9.79%.

According to ChainCatcher, U.S. Rep. Warren Davidson said in an interview with Bitcoin Magazine that the future of currency and Western civilization are closely linked. He highlighted that the U.S. carries approximately $40 trillion in debt, and the U.S. dollar has lost about 30% of its purchasing power since 2020, while rising default risks and inflation push interest rates higher. Davidson, founder of the Sound Money Caucus, warned that people without physical assets will lose purchasing power

Cleveland Federal Reserve President Hamac, a voting member of the Federal Open Market Committee in 2026, is scheduled to deliver remarks in minutes.

On Monday (October 12), Micron (MU) stock fell below $1,000, down nearly 5% to mark a three-week low, according to Goldman Sachs trading data. SanDisk (SNDK) dropped 7% on the same day. The selloff came despite Micron's strong guidance issued two weeks earlier, projecting first-quarter revenue of $600–630 billion, well above analyst expectations of $568 billion. South Korea's stock market also declined sharply: the KOSPI index fell 3.65%, the KOSDAQ tech index dropped 4.8%, and the KRX Semicondu

According to Bitget, Nasdaq-100 stocks showed mixed trading during today's session, with social media, e-commerce, and select software stocks rallying while optical communications and semiconductor stocks retreated. Meta Platforms rose 3.68%, Shopify gained 3.32%, and GE HealthCare advanced 3.24%. Lumentum led declines with a 9.22% drop, followed by SanDisk down 5.98% and Nebius down 5.02%.

According to predict.fun, Anthropic's probability of conducting an initial public offering before 2027 declined from 85% to 69% within one week, as tracked by the prediction platform.

On Monday (October 12) during European afternoon trading, UK 10-year gilt yield fell 0.5 basis points to 5.439%, hitting a daily low of 5.399% earlier in the session. The 30-year yield dropped 2.3 basis points while the 50-year yield also fell 2.3 basis points, signaling strength in longer-dated gilts. The 2-year to 10-year yield spread narrowed by 2.247 basis points to +52.881 basis points, reflecting ongoing steepening pressure across the curve.

According to Gate data, the UK100 index rose to 10,652.18 points today, up 0.7% from the previous session close.

According to the British Maritime Trade Organization, a tanker exiting the Hormuz Strait came under shell fire on October 12.

According to Guru Club, the Euro-to-U.S. Dollar exchange rate touched its lowest level since May 2025 on Oct 12, declining 0.38% to 1.1159.

According to Chainwire, on October 13, A7 (the Russian international settlement system created by Bank PSB) will unveil A7 International, a service enabling payments for foreign counterparties' invoices in USDT, with funds arriving via standard SWIFT bank transfer in the required currency. The service targets foreign trade operators and individuals, with a fixed fee of 0.3 percent. Petr Fradkov, Chairman of PJSC Bank PSB, and Ilan Shor, CEO of A7, will present the new offering at 13:13 UTC.

ICE sugar futures rose 2.5% intraday on October 12, reaching 20.76 cents per pound.

According to ChainCatcher, Ark Invest's head of digital assets research Lorenzo Valente reiterated in a Bitcoin Magazine video interview that the firm maintains its five-year bullish perspective on Bitcoin despite the asset's flat performance this year, asserting that Bitcoin's development remains in early stages. Valente highlighted that the rise of stablecoins has shifted Ark's narrative assessment regarding Bitcoin in emerging markets. He also discussed Ark's Big Ideas report, which includes

According to BlockBeats, Brent crude surged over 2.4% on October 12, hitting $107.25 per barrel intraday as geopolitical risks escalated. Russian attacks on Ukrainian energy infrastructure and vessel incidents near the Hormuz Strait heightened concerns over potential supply disruptions. Technical analyst The Great Martis previously noted a bullish inverse head-and-shoulders pattern on Brent's daily chart, suggesting oil could reach $150 per barrel if it breaks above $110, compared to approximate