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
22:55
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SpaceXAI Unifies Grok, Cursor, and X Premium Into Single Subscription

According to PANews, SpaceXAI launched The X Subscription on October 13, unifying Grok, Cursor, and X Premium into a single service. Users can perform AI programming in Cursor, handle tasks via Grok Bot, and access Grok chat and creation features alongside full X Premium benefits. The service offers five subscription tiers from free to Ultra, with the company stating that each tier provides higher value per dollar spent on its proprietary models compared to predecessor plans. Existing subscriber
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22:47
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Russian Drones Strike Kyiv Residential Building Overnight, 2 Killed and 9 Injured; Zelenskyy Calls for Pressure on Russia

According to Ukrainian President Zelenskyy, Russian Shahed drones struck a multi-story residential building in Kyiv overnight on October 12, killing two people and injuring nine others. Zelenskyy stated that strong pressure must be applied to force Russia to end the conflict. Meanwhile, peace negotiations are progressing. Zelenskyy indicated readiness to sign a ceasefire guarantee agreement and proposed an energy ceasefire for the winter. However, the U.S. is threatening to halt weapons supplies
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22:43
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Morgan Stanley Raises eBay Price Target to $132, Stock Up 2% on October 12

According to CNBC, Morgan Stanley elevated eBay (NASDAQ: EBAY) to Top Pick and raised its price target to $132 from $127 on October 12, as the stock closed up $2.46, or 2.19%, at $114.65. The upgrade reflects an additional upside potential of approximately 18% from current levels. The firm credits live commerce—real-time livestream shopping for merchandise and collectibles—as a hidden growth driver for eBay's gross merchandise volume (GMV). Analyst Nathan Feder noted that live streaming auctions
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22:31
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Los Angeles and Long Beach Ports Hit Record September Import Volumes, Up 19–31% YoY

According to port data released in September, Los Angeles and Long Beach ports—America's two largest container hubs—handled record import volumes. Long Beach processed 997,177 standard containers with a 31% year-over-year increase, while Los Angeles processed 1,042,652 containers, a 19% increase. The surge reflects companies front-loading shipments ahead of Trump administration tariffs, Panama Canal capacity restrictions due to drought, and rising fuel costs driven by regional tensions.
22:29
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Compute Platform Itô Joins Jump Trading to Lead New Trading Desk

According to ChainCatcher, Itô, a compute and inference cost trading platform, has joined trading firm Jump Trading, with co-founders Affaan and Alejandro now leading Jump Trading's newly established internal compute trading desk. The team will focus on the mid-market for compute and inference costs, addressing gaps in traditional centralized AI supply chain solutions that Itô initially sought to bridge. The company noted that typical capacity contracts span 3-5 years with approximately 30% upfr
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22:27
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ENS DAO Proposes Activating ENSv2, Plans to Freeze New v1 .eth Registrations

According to ChainCatcher, the Ethereum Name Service (ENS) DAO governance organization has proposed activating ENSv2, freezing new v1 .eth domain registrations while allowing unmigrated domains to continue renewing. The proposal will preserve existing domains and subsequently transition registration and resolution functions to v2.
ENS-4.09%
22:25
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S&P 500 Surges 118% Since Oct. 2022 Bottom; Cramer Warns Against Market Timing

According to Jim Cramer, the S&P 500 has surged approximately 118% since bottoming on Oct. 12, 2022, weathering multiple headwinds including aggressive Federal Reserve rate hikes, a banking crisis, sweeping tariffs, and geopolitical tensions. A $10,000 investment at the October 2022 low would now be worth nearly $23,061. Nvidia climbed 1,875% and Meta gained 488% over the same period. "The real lesson is that there never seems to be a good time to invest, because bad things do happen quite regul
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22:23
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Derive Protocol Proposes Expansion Into U.S. Regulated Derivatives Market

According to ChainCatcher, on-chain derivatives protocol Derive has launched a governance proposal to expand its business into the regulated U.S. derivatives market. The proposal is currently under community discussion in Derive's governance forum. Derive is an on-chain derivatives protocol serving professional traders, offering options and perpetual futures contracts through an off-chain matching and on-chain settlement architecture. The specific regulatory pathway, partnerships, and timeline r
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22:23
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U.S. Dollar Index Hits 102.599, Highest in 18 Months; Euro Falls Below 1.115 as Houthi Attacks Drive Oil Surge

According to Yonhapinfomax, the U.S. dollar index surged to 102.599 on October 12, marking its highest level since April 2025, as continued Houthi militia attacks on Saudi Arabia pushed crude prices higher. The euro-dollar rate fell to 1.11538, its lowest since May 2025. The dollar-yen rate climbed to 158.662 yen, up 0.383 yen from the previous close. Houthi spokesperson Yahya Saree announced the group successfully struck Saudi Arabia's King Khalid International Airport in Riyadh with ballistic
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22:21
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TARA Price Surges 10.74% to $0.00003 in Last Hour Amid Whale Activity

TARA's price surged 10.74% to $0.00003 within the past hour, alongside a 24-hour gain of 6.67% that reached a peak of $0.0000299. The move reflects heightened whale activity and accumulated buying interest. Daily trading volume reached approximately $58,880, with TARA ranging between $0.00002685 and $0.0000299 over the past 24 hours. The asset maintains a market cap of $182,655.
22:21
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OGN Surges 10.91% in 60 Minutes to $0.0364

OGN surged 10.91% in just 60 minutes today (October 12), climbing from $0.03282 to $0.0364. The price movement, supported by trading volume of approximately $5.9 million, reflects growing interest in the altcoin. Over the past 24 hours, OGN has gained 12.52%.
22:21
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Hang Seng Index ADR Edges Up 0.01% on Monday; HSBC, Tencent Decline

According to Zhitong Finance, on Monday (October 13), Hang Seng Index ADR closed at 24274.57 points, up 0.01% from Hong Kong's close. Among major blue-chip stocks, HSBC Holdings fell 0.04% to 148.036 Hong Kong dollars, while Tencent Holdings declined 0.37% to 424.239 Hong Kong dollars.
22:17
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Bitdeer AI Signs 60MW Data Center Agreement in Malaysia, Locks 95% of Global Capacity Plan

According to TheEnergyMag, Bitdeer AI, a subsidiary of bitcoin miner Bitdeer, signed an 8-year agreement in Malaysia to build a 60MW A103 AI cloud data center, expected to go live in Q1 2028. The facility will join existing A101 and A102 centers in the Cyberjaya complex, bringing total capacity to approximately 71.5MW. Bitdeer AI has secured 333.5MW of its 350MW global capacity target, completing approximately 95% of its planned deployment.
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