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
19:52
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Citi Wealth Launches Crypto ETF Report, Custody+ Platform Supports Bitcoin

Citi Wealth has published a report titled 'Expanding the Investable Universe: Introduction to Crypto ETFs,' promoting spot Bitcoin and Ethereum ETFs for institutional investors, according to CryptoTwitter commentator @matthew_sigel. The bank's Custody+ platform, set to hold Bitcoin for institutional
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BTC-1.19%
ETH-0.69%
19:52
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Tom Lee Calls Bottom on AI Stock Selloff, Citing Tight Supply

According to Tom Lee, Fundstrat co-founder and Bitmine chairman, the AI stock selloff has reached its bottom, citing tight supply constraints and crypto's limited reaction to the Binance security breach as evidence. Speaking on CNBC's Squawk Box on Friday, Lee argued that the market for AI
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BTC-1.19%
19:52
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BitGo Suggests 3-4x Longer Crypto Market Hours to Boost Liquidity

According to BitGo Managing Director Stefan von Haenisch, in a recent tweet, the digital asset custody provider highlighted the benefits of extending cryptocurrency market trading hours by three to four times. BitGo noted that longer trading hours could enhance liquidity and accessibility for
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19:52
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Aave V4 Deposits Hit $125M All-Time High on Avalanche

According to Avalanche (@avax), as of November 2, Aave V4 deposits on Avalanche reached an all-time high of $125 million. The surge in deposits has been partly driven by Ethena Pay's new Earn+ product, which is attracting increased user engagement on the
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AAVE-5.24%
AVAX-3.92%
ENA-5.70%
19:51
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Injective Launches Institutional Rail Gateway for Banks and Enterprises

Injective Protocol has officially launched its Institutional Rail, a dedicated gateway designed for banks and enterprises to access the Injective ecosystem, according to an announcement amplified by Pantera Capital. The initiative aims to bridge traditional finance and blockchain technology by
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INJ-1.64%
19:34
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WTI Crude Oil Futures Fall $7.66 Overnight, Close at $96.46/Barrel

WTI December crude oil futures fell $7.66, or over 7.35%, to close at $96.46 per barrel today, down from $104.12 the previous Friday.
NYMEX December natural gas futures closed at $2.8560 per million British thermal units, while December gasoline futures settled at $2.9001 per gallon and December he
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19:21
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OpenAI Considers Rebranding Data Centers to 'AI Compute Campuses' as Community Opposition Intensifies

According to Axios, OpenAI is considering rebranding its data centers as 'AI Compute Campuses' as part of a broader public relations campaign to address growing community opposition. The company noted the shift comes since August and forms part of efforts to influence how Americans view artificial intelligence ahead of the 2028 presidential election. Chris Lehane, OpenAI's chief global affairs officer, stated that the 2026 midterms would be 'a bit of a movie trailer' for what to expect in 2028,
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