Gate Crypto Flash News and Market Updates

According to ChainCatcher, Y Combinator released a crypto startup report highlighting stablecoins, asset tokenization, and AI Agents as key focus areas for 2026. The report noted that over the past year, crypto applications have shifted from consumer-driven speculation to institution-led use cases a

According to Samsung Electronics Q4 2026 guidance, AI infrastructure capital expenditures are expected to reach historic levels in 2027, driven by intensifying competition for AI leadership and ongoing ecosystem expansion. The company anticipates 2027 AI-driven demand will significantly outpace

According to Yonhapinfomax, on October 29, Gaon Cable's U.S. subsidiary LSCUS secured a contract worth approximately 120 billion won (about $90 million USD equivalent) to supply medium-voltage (MV) distribution cables to a global cloud company. The cables will be delivered sequentially to multiple AI data center projects across the U.S. beginning in October 2026 through the first half of 2027. The company is also negotiating for additional orders. LSCUS plans to launch new MV cable production li

According to ChainCatcher, P2P crypto trading platform Peer announced that its beta version supports users buying and selling USDC via Alipay with Chinese yuan since August 21, with 45 buyers completing 107 transactions worth approximately $7,094. USDC is held in an on-chain escrow contract and

According to Shanghai Gold Exchange, gold T+D contracts fell 0.17% to 865.98 yuan per gram at the market open on October 29 (Thursday), while silver T+D contracts declined 1.89% to 12,800 yuan per kilogram.

According to CoinDesk, APX Lending announced on Wednesday that it plans to launch Bitcoin-backed mortgages in Q1 2027, enabling homebuyers to use BTC holdings as collateral for down payments or full mortgage funding without liquidating their positions. The Toronto-based lender claims it will

According to Guggenheim Securities, on October 28, Madison Square Garden Sports completed its spinoff into two separate publicly traded entities: MSG Rangers (MSGR) and MSG Knickerbockers (MSGK). Guggenheim issued 'Buy' ratings for both with target prices of $278 for MSGR (implying 57% upside from t

According to ChainCatcher, on-chain analyst Ember detected that trader @Salem1299534 reaccumulated 7.45 million AI tokens valued at $612,000, coinciding with a 25% surge in AI's price.

According to CryptoQuant, Bitcoin's October return rate stood at -4.2% as of October 25, 2026, falling sharply below the 10-year October average of +18.1%. Bitcoin closed September at $83,567 and dropped to $80,051 on October 25, marking a potential second consecutive negative-return October

According to Bitwise on October 28, the global digital asset manager raised its 10-year Bitcoin price target from $1.3 million to $1.6 million by 2036. The firm projects an annualized compound growth rate (CAGR) of 34.3% for Bitcoin over the period, roughly five times the expected 6.7% annual

According to CNBC, U.S. Treasury Secretary Scott Bessent stated yesterday (Oct 28) that additional Federal Reserve interest rate hikes would not necessarily constitute a policy error. Bessent made the remarks just hours after the Fed held its benchmark rate steady at its October policy meeting,

According to PANews, Ethereum liquid staking protocol Diva Staking announced today it will shut down gradually and not launch on mainnet. The team exhausted its funding in mid-2024 and continued development for approximately 2.5 years without salaries, but ultimately could not sustain operations. Di

Pump.fun will launch Elysium trading functionality within its app on November 9. The platform previously introduced Hyperliquid perpetual futures trading. Elysium is an independent Rollup with HyperEVM as its settlement layer.

According to ZDNet and Wccftech, Nvidia is downgrading its next-generation Rubin platform's memory architecture. The company shifted from the originally planned 12-layer HBM4E stacking to an 8-layer configuration mixing HBM4 and HBM4E, while reducing bandwidth specifications. Per archived versions of Nvidia's spec sheet compared on September 1, per-GPU HBM4 bandwidth decreased from 22 TB/s to 19.2 TB/s, a 13% reduction. At the system level for HGX Rubin NVL8, the bandwidth cut reaches 26%, with

According to PANews citing SoSoValue data, Solana spot ETF experienced net outflows of $5.676 million on Oct. 28, driven entirely by Bitwise Solana Staking ETF (BSOL). As of Oct. 29, SOL spot ETF assets under management stood at $1.558 billion, with cumulative inflows reaching $1.507 billion since launch.

According to CryptoQuant analyst CoinNiel, on October 27 (UTC), Bitcoin exchange flows reversed sharply with a net outflow of 12,702 BTC, compared to a 7,278 BTC net inflow on October 26. The 7-day and 30-day net outflows stood at 4,633 and 4,048 BTC respectively, though four of the past seven

According to Yahoo Finance, Federal Reserve Chair Kevin Warsh denied on Wednesday (Oct 28) that next week's U.S. midterm elections influenced the central bank's decision to maintain interest rates unchanged. At the press conference, Warsh stated, "Political factors did not affect this decision,"

According to Polygon, the platform recently amplified a post by @AquaZero0 urging users to stop splitting their liquidity during Season 0, which is live across Arbitrum and Avalanche. The Polygon tweet garnered 104 likes and 30 retweets, reflecting growing community interest in optimizing liquidity strategies.

According to Microsoft, the company guided for Q2 revenue of $96–97.1 billion and capital expenditure exceeding $50 billion. The Intelligent Cloud & Infrastructure segment is projected to generate $80.1–80.7 billion in revenue, while the Devices & Consumer segment is expected to reach $15.9–16.4 bil

According to U.S. officials and Axios, Vice President Vance sent a letter to Iran's Supreme National Security Council Secretary Rezaei on Wednesday, stressing that any negotiations aimed at averting military strikes "must include discussion of nuclear issues." The letter explores possibilities for r