Gate Crypto Flash News and Market Updates

According to Bloomberg, SpaceX will release its third-quarter 2026 earnings and host a live webcast on October 20.

According to Circle's official blog, Circle Chief Commercial Officer Kash Razzaghi disclosed on October 16 that the company generated approximately $1.4 billion in revenue during the first half of 2026. Of this, $819 million (about 59%) was paid to USDC distribution partners and transaction costs, while $473 million (approximately 34%) was invested in infrastructure including licensing and liquidity. Circle reported H1 on-chain USDC settlement volume exceeded $360 trillion, with USDC representin

According to Bloomberg, Apple delayed the delivery date of the iPhone Duo to January 25.

On October 15, Tesla unveiled its second-generation Roadster supercar featuring flying capability powered by a cold-air propulsion system co-developed with SpaceX. The vehicle demonstrated near-vertical wall scaling, air landing maneuvers, and aerial flips. Tesla plans to launch production in 2028, with pre-orders now open on its U.S. website. The Performance version requires a $50,000 deposit, while the Thrust variant costs $250,000. Tesla suppliers including Juyoung Electronics (01699), Luxsha

According to KuCoin's analysis, Bitcoin slid from $85.8K to $83.1K following the September Consumer Price Index report showing a 3.7% year-over-year inflation rate. The decline reflects market concerns over rising inflation and potential Federal Reserve policy responses, with traders monitoring the central bank's stance as a key factor influencing cryptocurrency price dynamics.

According to The Fly, Citizens cut Rocket Lab's (RKLB) price target to $90 from $130 on Friday, maintaining an Outperform rating. The downgrade reflects concerns that Neutron's delayed inaugural launch—now expected in 2027 instead of Q4 2026—will push back revenue monetization to fiscal 2027 and 2028. Rocket Lab cited manufacturing issues with the rocket's carbon-composite tank as the reason for the delay. Goldman Sachs lowered its price target to $67 from $75, citing higher expenses and cash bu

According to NiSource announcement on October 16, Microsoft has signed a 20-year power supply agreement with utility company NiSource to secure long-term electricity for data center operations in northwestern Indiana, with 1.1GW capacity expansion beginning service in 2028. NiSource's GenCo division will expand its power resource portfolio to meet Microsoft's demands, with Microsoft bearing all costs for generation and transmission infrastructure needed to support its electricity requirements. T

The U.S. Export Price Index rose 11.6% year-over-year in September, exceeding the forecasted 9.6% increase and up from 8.6% in the previous month.

According to the U.S. Bureau of Labor Statistics, the U.S. import price index rose 1.1% month-over-month in September, exceeding the forecast of 1.0% and comparing to a 0.7% increase in August.

U.S. export prices rose 2.2% month-over-month in September, exceeding economist forecasts of 0.9% and up from 0.6% in the prior month.

U.S. import price index rose 8.1% year-over-year in September, falling short of the 8.2% forecast and up from 7% in the prior period.

According to Jin10, as of 8:30 p.m. Beijing time on October 16, New York futures for gold rose 0.65%, silver rose 1.56%, and copper rose 1.15%.

The U.S. Import Price Index excluding gasoline rose 0.8% month-over-month in September, exceeding expectations of 0.6%. The reading matched the prior month's 0.8% increase.

According to PPP prediction market tool, the probability that Polymarket's "Papertrade FDV exceeding $100 million one day after launch" market reaches "Yes" climbed to 80%, up 27% in the past 24 hours as of October 16.

According to ChainCatcher, Circle has minted 250 million USDC on the Solana network.

According to The Bitcoin Historian, Charles Schwab announced today (October 16) that all customers can now directly purchase Bitcoin within their accounts, covering over 40 million U.S. users. The brokerage, which manages approximately $13 trillion in assets, previously launched its Schwab Crypto service in April with phased rollout, supporting BTC and ETH trading at 0.75% per transaction. Paxos provides sub-custody and trade execution. The service remains unavailable to residents of New York an

According to PR Newswire, MoonPay has appointed Anne Giviskos as chief financial officer. Giviskos, who previously served as interim CFO and chief accounting officer at Navan, will oversee finance, capital strategy and operating infrastructure as MoonPay expands into trading infrastructure, stablecoin payments and tokenized capital markets.

TradingHub has appointed Phil Snow, former FactSet chief executive, as chairman, following Nordic Capital's investment in the company. Snow led FactSet from 2015 to 2025, during which revenue more than doubled and the company entered the S&P 500. At TradingHub, Snow will provide strategic oversight while CEO Mike Coats continues day-to-day management. The company plans to expand trade surveillance into equities and explore AI agents for compliance workflows. Snow replaces Neil Walker, TradingHub

According to Bernstein, Ethereum could surge approximately 124% to $5,500 by end of 2026, based on an October 7 institutional forecast comparison. At ETH's October 16 price of $2,450, reaching the target would require a $3,050 gain. However, US spot Ethereum ETFs experienced $129.5 million in net withdrawals on October 14 as investors reduced crypto exposure, complicating the outlook for a sustained institutional-driven rally.

According to Foresight News, Solana-based lending protocol Kamino recently appointed Matthew Klopfer as U.S. institutional expansion lead and Blake Messer as agent operations lead. Klopfer, formerly of Yieldstreet (now Willow Wealth), will focus on expanding private credit market access and integrating asset managers and financial institutions onto Kamino's on-chain credit and liquidity infrastructure. Messer, former CTO of Cratejoy, will oversee the development of AI-driven systems to accelerat