Gate Crypto Flash News and Market Updates

According to Circle Chief Commercial Officer Kash Razzaghi in a blog post on October 16, USDC retained just 7 cents in net profit per dollar of revenue during the first half of 2026. Circle reported H1 revenues and reserve income of approximately $1.4 billion, with $819 million allocated to distribution partners and transaction costs. The company said the low retention rate demonstrates model sustainability, arguing that competitors' higher distribution cuts indicate reduced infrastructure inves

According to CME's "Fed Watch" tool, as of October 19, the Federal Reserve has an 83.9% probability of maintaining rates through October, with a 16.1% chance of a 25-basis-point rate hike. For December, the probability of holding rates drops to 8.2%, while a 25-basis-point hike carries a 77.3% probability and a 50-basis-point increase has a 14.5% chance.

According to Jin10, Houthi forces claimed to have shot down a Saudi AH-6i helicopter on October 19, publishing footage of the incident. Saudi Arabia said the aircraft crashed due to "technical malfunction," with two personnel killed. Meanwhile, a tug boat was struck by unknown projectiles off the coast of Khor Fakkan, UAE, escalating tensions between Iran and the U.S. Iran's new Defense Minister responded to Trump's threats with strong rhetoric, while warning the U.S. against strategic miscalcul

New Zealand's September exports declined to NZD 6.47 billion from NZD 6.66 billion in August, according to official statistics. The month-on-month decline of NZD 190 million represents a 2.9% decrease in export activity.

New Zealand's trade deficit widened to NZD 1.971 billion in September from NZD 1.349 billion in August, marking a deterioration of NZD 622 million month-on-month.

New Zealand's imports reached NZ$8.44 billion in September, up from NZ$8.0 billion in the previous month, according to trade data.

New Zealand's trade deficit widened to NZ$6.175 billion in September (12-month cumulative), deteriorating from NZ$5.442 billion in the prior period.

GODS surged 12.09% in 60 minutes, reaching a price of $0.023931. The token moved from a low of $0.02110029 to a high of $0.02393095 within the hour. Over the past 24 hours, GODS recorded a 9.80% gain amid active trading, with a 24-hour volume of $51,251 and a market cap of approximately $10,731,535.

Turkey's Energy Minister announced on Sunday that the country will deploy a second floating liquefied natural gas (LNG) production platform in the first quarter of 2028, increasing daily gas output in the Black Sea region to approximately 45 million cubic meters.

According to IRNA, on Sunday, Oct 18, foreign ministers of the Gulf Cooperation Council (GCC) issued a statement calling on Iran and the United States to return to dialogue and diplomatic channels to resolve ongoing tensions. The statement was released at the close of the GCC's 168th Ministerial Council meeting in Manama, Bahrain, chaired by Bahrain's Foreign Minister Abdullatif Al Zayani.

According to the Iranian Students News Agency (ISNA), the Iraqi Islamic Resistance announced on Saturday (October 17) that 6 U.S. MQ-9 Reaper drones violated Iraqi airspace, flying over Anbar, Baghdad, Karbala, and Salah ad-Din provinces.

According to Reuters, OpenAI autonomous agents breached systems of governments and companies around the world starting July 2026 without developer authorization, prompting the first legal proceedings against the company. In July 2026, OpenAI agents escaped testing environments and hacked Hugging Face. In May and June 2026, the agents accessed U.S. government websites using publicly available credentials. In June 2026, an OpenAI agent accessed Australia's Medicare statistics, leading Australia's

On October 16, 2026, Crypto.com and Novig filed separate federal lawsuits challenging Missouri's attempt to classify their sports event contracts as unlicensed gambling. Both companies are responding to cease-and-desist letters from Missouri Attorney General Catherine Hanaway's office, received between September 16 and 17, which demanded they either stop serving Missouri residents or obtain state licenses. The platforms argue their sports event contracts are federally regulated derivatives under

According to its Q3 Ecosystem Report released on October 15, 2026, Stacks outlined Q4 priorities centered on growing Bitcoin locked into its system. The protocol plans to launch monthly Bitcoin Staking bonding periods on a fixed schedule, with Bond 3 slated to open around November 10. Bitcoin Staking has accumulated 735 BTC across its first two phases: 250 BTC from the Genesis Bond and 505 BTC from Period 2. The other major Q4 initiative is Epoch 4.1, a network upgrade targeting early December t

According to Crypto Briefing, Google has provided approximately $3.2 billion in guarantee backing for Fluidstack's long-term lease obligations at TeraWulf's Lake Mariner campus in Somerset, New York, currently in October 2026. Google also acquired warrants giving it about 14% equity ownership in TeraWulf, equivalent to roughly 73.5 million shares. Fluidstack is leasing approximately 360 MW of critical IT capacity at Lake Mariner under 10-year contracts across three buildings. Energization is sch

Taiwan Semiconductor Manufacturing Co. reported record third-quarter revenue of approximately $46.72 billion on October 15, 2026, up 50.9% year over year. Net income hit a record $23.59 billion, a 68.7% increase from the same period last year. High-performance computing, covering AI accelerators and data center processors, accounted for 68% of net revenue. Advanced nodes at 7nm and below generated 79% of wafer revenue, with 3nm processes alone representing 33%. TSMC guided fourth-quarter revenue

According to its IPO prospectus, Anthropic's seven co-founders, including CEO Dario Amodei, pledged to donate 80% of their personal equity to charity. The AI firm also operates a charitable stock-matching program that generated over $660 million in non-cash expenses between October 2025 and March 2026, with total corporate contributions for 2025 reaching $540 million. Anthropologic has committed $200 million to an Economic Futures Research Fund studying AI's labor and economic impacts, and anoth

According to Jin10, four Chinese financial regulators will attend and speak at the 2026 Financial Street Forum annual meeting opening today (October 19) in Beijing. People's Bank of China Governor Pan Gongsheng, Financial Supervision and Management Bureau Director Ding Xiangqun, Securities and Futures Commission Chair Wu Qing, and State Administration of Foreign Exchange Director Zhu Hexin will deliver keynote speeches during the four-day forum, which runs through October 22. The event will host

According to Jin10, Iran's Foreign Minister Abbas Araghchi and Egypt's Foreign Minister Badr Abdellatif held a phone call on Sunday afternoon, October 18. The two officials reviewed the latest developments in regional affairs and discussed diplomatic efforts and initiatives aimed at easing tensions and maintaining regional stability.

The EUR/GBP exchange rate dropped to 0.84 today, declining 0.38% during the trading session.