Gate Crypto Flash News and Market Updates

According to sources familiar with the matter, Phillips 66's catalytic cracking unit at its Roxana refinery in Illinois has encountered operational issues. The facility typically processes approximately 355,000 barrels per day.

Micron (MU) shares fell on Tuesday (October 13) as Chinese memory chipmaker ChangXin Memory Technologies (CXMT) reported advances on a 4F square cell architecture designed to increase storage density. Investment advisor Ross Gerber of Gerber Kawasaki responded to the selloff, noting that Micron has multi-year supply contracts and strong customer commitments that should insulate the company from competitive threats. Micron disclosed on September 30 that it has signed 26 strategic customer agreeme

According to crypto analyst Ali Martinez on X on Oct. 13, Bitcoin's chart displays a pattern similar to the setup before its previous rally. The key level is $84,000, Bitcoin's recent average price; traders watch closely for when BTC climbs back above this threshold, as such breaks have historically marked market bottoms turning into recoveries. Meanwhile, Bitcoin's largest holders are accumulating amid the decline. Data from Santiment shows major accounts added 16,010 BTC in five days, worth ap

According to Wall Street Journal, advanced packaging technologies have become central to AI chip competition, as the limits of process miniaturization and escalating costs make it more efficient to integrate multiple chips rather than rely solely on shrinking transistor sizes. Applied Materials reported in August that its packaging-related revenue is expected to grow more than 70% this year, underscoring the shift in industry focus. TSMC has converted legacy foundries into packaging facilities a

According to blockchain data, a Bitcoin whale wallet holding 4,581.94 BTC sent its entire balance, worth about $377 million, to five new addresses on Oct. 12. The transfer confirmed in block 971,126, with four of the receiving addresses receiving exactly 1,000 BTC each and the fifth receiving 581.94 BTC. The transaction paid a fee of 732 satoshis, or about 60 cents. As of Oct. 13, the wallet has held the same coins since March 2020, when they were worth approximately $40.5 million.

According to Coinglass data cited by ChainCatcher, Binance saw net inflows of 468 million USDT in the past 24 hours.

Elliptic announced its involvement as a private sector partner in the Justice Department's Joint Disruption Week: Africa initiative, targeting West African scam networks. The collaborative effort with the UK's National Crime Agency resulted in 28 arrests and the identification of $11 million in potentially freezable funds.

According to Bitcoin.com analysis, U.S. prediction market platform Kalshi recorded a single-day nominal trading volume of $3.9 billion over the weekend, with parlay combination bets accounting for approximately 70% of the total weekend volume. The analysis noted that nominal trading volume measures the contract face value size rather than actual cash deployed by buyers or reflecting new user acquisition, and thus does not directly reflect Kalshi's real capital inflow or user growth.

According to Jin10, on October 13, Iranian Islamic Revolutionary Guard Corps Navy Commander Azmayee stated that U.S. military vessels have become ineffective and are stationed 700 kilometers away from the Strait of Hormuz because they dare not approach. Azmayee said Iran is waiting for American warships to get closer to the strait's entrance and will sink them, adding that the country's military equipment is now more advanced and personnel are better prepared than ever.

According to Xinhua, Nuremberg airport in southern Germany suspended operations on Oct 13 after a Turkish airline flight from Crete to Nuremberg issued code 7500, signaling a potential hijack. The aircraft, operated by Turkish Corendon Airlines (flight XR456), experienced radio communication difficulties. Police deployed special forces and fighter jets were scrambled as a precaution. Authorities later determined a radio equipment malfunction was likely the cause. The flight landed safely with al

According to Finance Feeds, DRW and Marex executed the first over-the-counter derivative swap on the Canton Network's Derivnex platform, referencing a tokenized S&P Dow Jones Indices credit benchmark. Kaiko tokenized the iBoxx USD Liquid Investment Grade Index and supplied official index values to value the swap throughout its lifecycle, with the transaction represented as a smart contract enabling synchronized record-keeping between counterparties.

According to Lookonchain, whale 0x1389 purchased 600,005 UNI for $4.28 million over the past three days. The whale has accumulated a total of 1.29 million UNI valued at approximately $9.6 million during this period, despite ongoing market declines.

According to @lookonchain, Papertrade's daily trading volume reached $910 billion today, surpassing Hyperliquid and ranking the platform third by daily revenue at $6.01 million.

According to Bloomberg, on October 14, Michael Saylor, co-founder and executive chairman of MicroStrategy, stated that Bitcoin has bottomed near $60,000 and is entering a bull market, asserting it will "certainly return above $100,000." Saylor said Bitcoin is currently moving toward $80,000 and projected long-term annual growth rates of 20–30% over the coming years. MicroStrategy plans to increase its Bitcoin holdings during the bull market and issue additional credit securities to finance purch

According to Uniswap, over the past 30 days, v4 accounted for 49.9% of protocol trading volume with over $44 billion in trades. V3 represented 44.9% of volume and v2 accounted for 5.2%.

According to ChainCatcher, Robinhood's social trading network is now open to all U.S. qualified users as of October 13. CEO Vlad Tenev announced the feature includes a feed for sharing trades and performance, allowing users to follow other traders, view account activity, and execute eligible trades directly from posts via Quick trade. Users can share charts, profit/loss data, and portfolio allocation, with selective sharing—trades do not auto-publish and users control which trades appear in thei

According to Xinhua News Agency, Papua New Guinea experienced a 6.0-magnitude earthquake today (October 13).

According to an X post on Tuesday, hardware wallet producer Trezor announced it would reduce its number of resellers as a "preventive step" following reports that malicious hardware implants had been discovered in competitor Ledger devices. Trezor said it had found "not a single piece of evidence" that its own devices were compromised, but stated it would remove certain resellers from its authorized list effective Jan. 1 and halt device shipments starting Tuesday. The move came days after Ledger

According to EU Commission President Ursula von der Leyen, Ukraine and Moldova took another step toward EU membership on October 13 by opening negotiation clusters on the internal market, as well as competitiveness and inclusive growth. Von der Leyen stated the EU will support both countries throughout their accession process.

According to ChainCatcher, Blockchain.com has applied for a license from the U.S. Commodity Futures Trading Commission (CFTC) to operate as both an exchange and futures commission merchant. The platform seeks to provide derivatives and prediction market services to retail and institutional customers in the United States, pending regulatory approval.