Gate Crypto Flash News and Market Updates

According to the BBC, UK Defense Secretary Wes Streeting said on October 11 that the UK does not support a US-Russia agreement on Russian diesel supplies to the US and global markets. Streeting said US President Trump is pursuing the deal largely due to midterm election pressures and efforts to reduce fuel prices, which have risen following military strikes on Iran.

According to Odaily, trader Killa has stated he maintains a 10x BTC long position ahead of U.S. midterm elections, which occur in approximately 3 weeks. Killa expects Bitcoin to potentially rally to around $95,000 if it declines before the election and rebounds afterward. He noted that roughly $2 billion in long positions were recently liquidated, and historical data from the past four U.S. midterm elections shows a 75% probability of price declines within 1-2 months following the elections.

According to ChainCatcher, Elon Musk announced on October 10 that SpaceXAI's official account has been renamed to SpaceX Super Intelligence (@SpaceXSI).

According to Fox News, U.S. Treasury Secretary Bessent stated that Iran launches drones nightly and is currently attacking ships. The Treasury chief noted that while Iran continues the drone operations, the drones have lost their surveillance capability.

CKB surged 17.65% in the past 5 minutes, reaching $0.00174 according to on-chain price data. Over the last 24 hours, CKB has gained 29.95%, with trading volume hitting approximately $4,422,512. The price movement pushed CKB's daily high to $0.001747 after hitting a low of $0.001387 earlier in the day, reflecting elevated market activity around the token.

According to ABC News, Ukrainian President Volodymyr Zelensky said he would organize elections in Ukraine if Russian President Vladimir Putin agrees to a 60-day ceasefire. The statement came in response to U.S. President Donald Trump.

According to Coinglass, the cryptocurrency market saw $70.71 million in liquidations over the past 24 hours, with long positions accounting for $32.32 million and short positions $38.39 million. Bitcoin long liquidations reached $1.11 million while short liquidations hit $3.52 million. Ethereum saw $2.94 million in long liquidations and $4.71 million in short liquidations.

According to The Information, Nvidia completed over $140 billion in transactions in recent months with equity investments valued at nearly $100 billion as of July, plus approximately $25 billion in future investment commitments. The company is shifting its focus toward humanoid robots, autonomous driving, and edge AI models. The strategic pivot aims to mitigate customer concentration risk; Nvidia's top three customers accounted for 44% of revenue in the first half of fiscal 2027, compared to jus

This week brings three key events that will shape investor sentiment and guide Fed policy expectations. On October 14, the U.S. will release September consumer price index (CPI) data, with analysts forecasting core CPI at 2.5% year-over-year—a modest pace relative to the Federal Reserve's 2% target. The data arrives ahead of the Fed's October policy decision and follows August's faster-than-expected core CPI print, which prompted a rate hike in September. U.S. Treasury yields have climbed to 24-

According to Goldman Sachs, chief U.S. equity strategist Ben Schneider and TMT expert Pete Callahan highlighted in a recent podcast episode that the AI investment narrative is shifting from hardware, such as chip competition, toward applications including reasoning economics and personal AI agents. Callahan noted that the market is increasingly eager for the next AI story, as programming AI has become widely recognized. The focus is now on personal AI agents and the downstream consumer supply ch

According to DBS Group CEO Tan Su Shan, on October 11, artificial intelligence is not designed to replace people but to create mutual benefits for banks and employees. As routine and repetitive tasks are handled by AI, employees can focus on higher-value work such as client interactions, generating more revenue for the bank. The CEO noted that employees proficient in using technology would have greater opportunities for career advancement.

According to Tom's Hardware and Cloudflare data, Ukrainian drone strikes on multiple Yandex data centers have reduced Russian bot traffic to just 0.4% as of October 11. Ukraine targeted a Yandex facility in Sasovo on October 8, causing bot traffic to drop to 57%, followed by a second strike on a larger campus in Kaluga on October 10 that further devastated the network. Yandex, Russia's equivalent to Google, reported at least 84 services offline, with network traffic falling to 30% for Yandex Clo

According to the UK Maritime Trade Organization, a tanker was struck on its port side by an unidentified object in the Strait of Hormuz on October 11. All crew members aboard the vessel were reported safe.

According to Foresight News, based on an official statement, Ontology halted block production on October 11 after receiving an urgent security report regarding a potential risk in an ecosystem project built on its blockchain. The network coordinated with majority consensus nodes, which agreed to temporarily stop block production to support the ongoing investigation and mitigate potential threats to assets. Ontology stated it will resume block production once the investigation progresses and netw

According to Foresight News, Kintsu, a privacy lending market built on Canton Network, announced recently that it has opened a beta version to early borrowers, lenders, and curators. The platform enables users to use tokenized securities as collateral for lending. Kintsu plans to roll out additional features including vaults and staking.

According to Treasury Secretary Bessent on October 11, President Trump expects no military conflict to occur before the U.S. midterm elections. Bessent also stated that diesel trade with Russia is beneficial to Americans and the U.S. will utilize all legal means to pursue such transactions.

According to the International Monetary Fund's latest research, tokenized U.S. stocks have attracted investor interest due to 24/7 trading capabilities and fractional share functionality. However, the market remains limited in scale with volatility approximately 1.5 times higher than traditional stocks, and liquidity conditions remain constrained.

On October 9, Tesla renamed its Full Self-Driving (FSD) system to Tesla Assisted Driving (TAD) across Germany, Belgium, and Denmark, according to the companies' official websites. The rebranding addresses European regulatory concerns that the original name misled users into believing the system could independently handle all driving tasks, when it actually only assists with acceleration, braking, and steering. Germany's transport ministry supports the name change as part of continued approval di

According to IMF's latest statement, tokenized U.S. stocks enable 24/7 trading and fractional ownership, with over 50% of trades occurring outside standard market hours, and approximately 80% of trades involving less than one share. The fund noted that overnight price movements contain meaningful information, with over 85% of these price changes reflecting in traditional stock prices within 5 minutes of market open. IMF indicated the tokenized stock market remains small and fragmented, presentin

According to an engineering post by Roman Akhtariev, Zakura, a Zcash full-node developer, expects post-quantum signature opcodes to land in Zcash in January, enabling hash-based signatures to secure the network's transparent payments against quantum computing threats. The plan pairs address rotation with private information retrieval (PIR), a cryptographic technique that prevents servers from linking a user's multiple addresses. Zakura is rolling out the PIR feature this week in the Vizor wallet