Gate Crypto Flash News and Market Updates

According to Guru Club, on October 13, Hong Kong interbank rates showed mixed movement across maturities. Overnight HIBOR rose 1 basis point to 1.43485%, while one-week HIBOR climbed to 1.48182%, marking its highest level since July 7. Two-week HIBOR increased to 1.48091%, and one-year HIBOR gained to 1.77833%, the highest since March 31.

According to Farside, US spot Ethereum ETFs experienced $85.4 million in net outflows on October 12 (US Eastern Time). Over the past five trading days (October 6-12), cumulative net outflows reached $576.8 million. The ETFs have recorded net outflows for 10 consecutive trading days since September 29, with total outflows of $782.8 million during this period.

According to Phaseide data, U.S. Bitcoin spot ETFs experienced net outflows of $65.4 million on October 12 (U.S. Eastern Time). Over the past five trading days (October 6–12), cumulative net outflows reached $654.5 million. BlackRock's IBIT led the outflows with $65.4 million, while no products recorded inflows on the day. Year-to-date through October 12, spot Bitcoin ETFs have seen net outflows of $451.7 million, reversing September's $2.65 billion in inflows.

According to OKX's official X account, the exchange recently launched an upgraded Smart Portfolio bot that combines ETFs, tokenized stocks, and stablecoins. The bot allows users to customize their investment allocations, integrating traditional financial assets with digital assets to provide a diversified portfolio management solution.

According to BlockBeats, crypto KOL realist reported on October 13 being robbed at his residence in the UK. The attacker, armed with a knife, stole approximately $800,000 in cryptocurrency split between his wallet ($400,000) and Ledger hardware wallet ($720,000), along with a Rolex watch. His phone was also destroyed during the incident.

According to TikTok CEO Zhou Shouzi at the DBS Asia Outlook Summit in Singapore, AI is likely to drive major scientific breakthroughs in physics, biotechnology, chemistry, and materials science within two to three years. The company is expanding its AI research scope from consumer applications to fundamental scientific research. In April 2026, ByteDance's Seed research team released Protenix-v2, a model focused on predicting and designing biological molecular structures for potential application

According to PANews, ByteDance's Seed announced on October 13 that it has established the "Seed Model-Alignment & Preparedness" department, led by Yan Lin and reporting to Seed head Wu Yonghui. The department will integrate the original Responsible AI team and select members from the Chat team. The department aims to strengthen investments in safety and alignment, ensuring model behavior aligns with human intent and safety constraints, while improving agent model safety capabilities and mitigati

According to BlockBeats and HTX market data, Bitcoin rebounded 3.1% from today's low as of October 13, trading at $83,408.

According to The Information, a startup co-founded by Jeffrey Katzenberg is in talks with OpenAI to acquire usage rights to Sora, with plans to adjust features and commercialize related services.

According to PANews, David Sacks congratulated Anthropic on October 13 for reducing data extracted from Claude through distillation attacks by 90 to 99 percent. Sacks reiterated his view from All-In Podcast episode 282 that private companies, rather than governments, are the best actors to prevent model distillation. He noted that Washington previously pursued restrictions on open models based on intellectual property rights, prompting opposition from 50 major companies including Nvidia, Microso

According to IMF officials, on October 13, artificial intelligence financing has formed a positive feedback loop but may turn negative if venture capital commitments fail to materialize. An AI market correction would impact the global economy, with emerging markets like Thailand facing heightened risks including currency depreciation and capital outflows.

According to Jin10, China's People's Bank on October 13 approved Visa Information Technology (Beijing) Co., Ltd. to prepare for establishing a bank card clearing organization. The company has one year to complete its preparation, after which it can submit an application for operation. Visa's clearing business license will be issued by the People's Bank and the National Financial Regulatory Administration upon approval.

According to Guru Club, on October 13, methanol futures fell over 7% in morning trading, leading declines in China's commodity markets. Lithium carbonate dropped nearly 4%, while ethylene glycol, synthetic rubber, and natural rubber lost over 3%. On the upside, low-sulfur fuel oil rose over 6%, fuel oil gained over 3%, and benzene climbed over 2%.

According to Barron's, Nvidia (NVDA-US) fell 1.2% to $226.32 in closing trade on Monday (October 12), marking its fourth consecutive day of losses. The Philadelphia Semiconductor Index declined 2.6%, while Marvell Technology (MRVL-US) and Micron Technology (MU-US) each fell over 3%. ICap Technical Analysis strategist Walter Zimmerman highlighted in a weekend report that Nvidia's weekly price chart over the past approximately 18 months has formed a "large, bearish ascending wedge" pattern, with c

Binance launched RWUSD on the platform today at 4 PM Beijing time (October 13), with zero trading fees for RWUSD/USDT spot and margin trading pairs. The zero-fee promotion period will end at a date to be announced. Users can also swap RWUSD with BTC and USDT through Binance Convert fee-free within one hour of launch. RWUSD is a yield-bearing product supporting flexible subscription periods with daily APR payouts. It maintains a 1:1 peg with the stablecoins used for purchase and will convert to U

According to Jin10 Futures, as of Oct 13 at 11:31 AM, China's futures markets saw significant capital movements across key contracts. Top inflows included coking coal 2701 futures at 440 million CNY, aluminum oxide 2701 at 424 million CNY, and low-sulfur fuel oil 2612 at 369 million CNY. Meanwhile, top outflows were led by CSI 300 2612 at 1.38 billion CNY, crude oil 2611 at 737 million CNY, and CSI 500 2612 at 570 million CNY.

According to Bernstein research dated October 11, 2026, the data center project pipeline reached 456 gigawatts in September, up 13% month-over-month with 52GW added. Under-construction capacity stood at 79.9GW, while stalled capacity hit a record 51.7GW, representing 11% of the pipeline. Bernstein noted that 27 U.S. states are restricting or considering restrictions on new data center development, signaling mounting local resistance alongside expanding AI infrastructure demand.

According to Odaily, a wallet associated with TechnoRevenant incurred a $1.7 million loss trading on Papertrade as of today, earning 136 million PAPER tokens and becoming the platform's second-largest holder. The wallet had previously staked 744,000 HYPE on Hypercore to borrow 3 million USDC. To date, staking rewards have recovered 1.051 million USDC, bringing the net loss to approximately $650,000.

According to Odaily, Rome announced it has completed a $9 million fundraising round for its upcoming ROME token. Investors include Portal Ventures, Hack VC, HashKey, Anagram, and Robot Ventures. Rome is building a cross-chain interoperability protocol on Solana.

According to Blockworks podcast Empire hosted by Jason Yanowitz, Kamino's new CEO Michael Weisz recently outlined the protocol's next steps. He aims to position Kamino as the primary on-chain borrowing and liquidity infrastructure by connecting asset managers with brokers, exchanges, and distribution platforms through APIs, allowing users to access Kamino on familiar platforms. Regarding KMNO token holders, Weisz committed to communicating in a manner similar to public companies. Holders will re