Gate Crypto Flash News and Market Updates

Injective Protocol (INJ) fell 10.18% to $6.66 over the past hour, down from a peak of $7.415. The decline is accompanied by active trading, with 24-hour trading volume reaching $12.68 million. Over the same 24-hour period, INJ has also declined 8.42%, reflecting broader bearish momentum in the market.

According to CNBC, Finland's Licensing and Supervision Agency (LVV) ordered Google subsidiary Tuike Finland Oy to stop construction on two AI data centers in Muhos and Kajaani on October 7, pending completion of environmental impact assessments. The suspension stems from alleged clearing of over 740 acres of Finnish forest before mandatory environmental reviews were completed. Google acknowledged the matter, stating: "We understand the concerns and have fallen short of our own high standards in

According to Freddie Mac, US 30-year mortgage rates rose to 7.4% last week, marking the highest level since November 2023. The rate increased from 7.28% in the prior week.

According to OKX data, Zcash (ZEC) briefly fell below 1,130 USDT on October 8, currently trading at 1,137.25 USDT. The cryptocurrency declined 14.35% over the past 24 hours.

According to CoinDesk, Netflix released the first trailer for The Altruists, a documentary series centered on FTX founder Sam Bankman-Fried (SBF), recently.

According to ChainCatcher, SpaceX targets a Falcon 9 launch of the USSF-481 mission on October 15 (Thursday) local time.

According to CFTC Chair Mike Selig on X, the crypto industry is flowing back to the United States, and clear regulatory rules will help keep it there. Selig stated that the U.S. will no longer allow crypto business to move overseas or allow other countries to set standards.

According to Decrypt, the platform announced its self-custodial Money Accounts are now live on Solana, providing users with a single balance usable across Decrypt's financial and intelligence marketplace, The Information Exchange. The unified balance supports trading on prediction markets, perpetual contracts, and swaps without requiring users to manage multiple wallets or cross-chain bridges. Deposits are denominated in USDT on Solana, and gas fees are sponsored through co-signature arrangement

According to Guru Club, the Mexican peso depreciated 1.3% against the U.S. dollar on October 8, trading at 18.2090.

According to Vice President Vance and Labor Secretary Keith Sonderling, on Thursday the Trump administration suspended Microsoft, Cognizant, Infosys, Tata, Wipro, HCL Technologies, and Capgemini from the Permanent Labor Certification Program, citing widespread abuse of the work visa system. Vance stated that Microsoft was the worst offender, saying "no American company has abused this system more than Microsoft." The suspension will remain indefinite until the government determines the concerns

According to CoinGlass, over $402 million in cryptocurrency positions were liquidated in the past hour, with long positions accounting for $377 million and short positions $25.59 million. Ethereum accounted for $140 million in liquidations, including $127 million in long positions and $12.99 million in short positions.

According to Bitget, during today's U.S. trading session, Nasdaq 100 constituents showed mixed moves. Energy, semiconductor equipment, and select software stocks gained strength, while AI infrastructure, optical communication, and some growth-oriented technology stocks declined.

According to Coinglass data cited by ChainCatcher, Ethereum contract open interest on major exchanges declined 7.53% over the past 24 hours, falling to $31.795 billion. Binance accounted for $8.899 billion of the total, followed by Bybit at $2.244 billion and Gate at $1.957 billion.

Airbus received 17 net aircraft orders in September, bringing its January-September net order total to 1,105 units. The aircraft manufacturer delivered 72 planes in September, with cumulative deliveries reaching 547 aircraft for the nine-month period.

According to Hyperliquid data, Machi Big Brother (Huang Lizhen) reduced approximately 16,600 ETH long positions progressively since 11 PM UTC on October 8, realizing losses of approximately $2.63 million. As of press time, he maintains 10,000 ETH long positions valued at approximately $24.5 million, with an average entry price of $2,626.94 per ETH and an unrealized loss of approximately $1.77 million.

According to The Defiant, Astroport has ended tokenholder governance on Neutron and Terra networks. The protocol will now be operated by contributors through DAO DAO. vxASTRO token holders can still unlock their tokens through normal processes, while ASTRO token emissions will drop to zero.

On Thursday (Oct 8), during European afternoon trading, ICE UK natural gas futures fell 0.95%, while TTF benchmark Dutch natural gas futures declined 0.45%. Meanwhile, ICE EU carbon emission trading allowances (futures) rose 1.78%.

According to ING economist Carsten Brzeski, the European Central Bank's September rate hike gained broad support among policymakers, but internal discussions were more balanced than ECB President Christine Lagarde suggested, making another hike in October unlikely. Some officials believe energy shocks may be shorter-lived than assumed, while others question the eurozone's resilience to energy disruptions. Rising bond yields are also strengthening the case against further rate increases, with Brz

Deus X Capital, the cryptocurrency and fintech investment firm that launched with $1 billion in assets in October 2023, ceased operations and plans to formally unwind on January 31, 2027. The firm reported annualized returns of 36.5% since inception. Chief Investment Officer Stuart Connolly will oversee the transition, while portfolio companies including Alpha Lab 40, Cor Prime and Deus X Markets are expected to continue operating. CEO Tim Grant is moving to AI infrastructure company TensorX, wh

According to ChainCatcher, El Salvador's National Bitcoin Office disclosed that over the past 7 days the country added 7 Bitcoin to its reserves, bringing total holdings to 7,798 BTC valued at over $643 million. The nation continues executing its daily 1 BTC accumulation strategy. The International Monetary Fund recently approved a waiver for El Salvador despite concerns over public sector cryptocurrency holdings, citing corrective measures and new commitments. The IMF had previously requested t