Gate Crypto Flash News and Market Updates

According to Bloomberg, the U.S. is increasing military deployments to the Persian Gulf in preparation for potential escalated military action against Iran following the November 3 midterm elections. A third carrier strike group and 10,000 additional sailors and Marines have been deployed to provide commanders with expanded operational options, though specific timing for military action remains unclear. U.S. Defense Secretary Hegseths visited Israel unannounced this week to meet with Prime Minis

According to Binance spot data cited by ChainCatcher, multiple tokens experienced significant price swings on October 24. WCT fell 11.31% over the past 24 hours, while AVA surged 8.23% in the same period. WOO rose 5.13%, and F dropped 6.54%. Several other tokens including ZRX, ATOM, and AERO also hit daily lows, with declines ranging from 5.24% to 11.34%.

According to ChainCatcher citing Coinglass, the crypto market experienced liquidations totaling $192 million in the past hour on October 24. Long positions accounted for $184 million of the liquidations, while short positions saw $8.42 million liquidated. Bitcoin (BTC) led with $57.7 million in liquidations, followed by Ethereum (ETH) at $52.76 million.

According to @lookonchain, Arthur Hayes recently dumped ENA tokens as his price forecast for the asset shifted significantly from $10 in 2024 to just $1 at present. The drastic change in the prominent trader's sentiment may reflect broader market dynamics shifts and could prompt other investors to reassess their ENA positions.

According to Saudi Arabia's Al Arabiya, a failed Houthi missile strike in Hodeidah province's al-Tuhayta district struck a residential home, killing 5 civilians, including children.

According to Coinglass data on Oct 24, if Bitcoin drops below $79,000, cumulative long position liquidations on major CEXs would reach $855 million. Conversely, if BTC breaks above $82,000, cumulative short position liquidations would reach $519 million.

According to a Yemeni security official, the southern port city of Aden came under missile attack today (October 24), with loud explosions reported in the area.

According to the Wall Street Journal, U.S. allies are racing to develop alternatives to SpaceX's Starlink after Elon Musk restricted Ukraine's access to the satellite network on October 24. The move prompted European nations to pursue independent systems due to concerns over the network's centralized control. Ukraine and Finland announced a 300 million euro satellite communications network partnership on Thursday, operated jointly by Iceye and Nokia. Canada's Telesat proposed its Lightspeed low-

According to Houthi health authorities, on October 24, Saudi-led coalition forces conducted airstrikes on a cement plant in Hamdan district, northwest of the Yemeni capital Sanaa, killing 8 people and injuring 10. Earlier on the same day, coalition spokesman Turki al-Maliki said the coalition intercepted and destroyed a ballistic missile fired by Houthi forces toward the Saudi capital Riyadh.

Apple's first foldable smartphone, iPhone Duo, officially launched on October 23. Pre-orders opened on October 16 and initial stock quickly sold out. Some orders on Apple's China website now have estimated delivery dates extending to late January 2027.

According to NewsBTC, Dune has announced Market Data Feeds, a real-time on-chain market data service covering over 200 decentralized exchanges (DEX) and trading platforms. The service provides spot and perpetual contract trading data across multiple blockchains, designed to help institutional trading teams, market makers, and data service providers analyze on-chain market activity more efficiently.

According to Decrypt, HSBC launched Hong Kong dollar stablecoin RedCoin (RCHKD) on its PayMe app on Friday. Over 3.3 million PayMe users will be able to open wallets in the coming days to send RedCoin to friends or make payments at over 100,000 PayMe merchants.

According to Reuters and TechCrunch, OpenAI is accelerating fundraising discussions to secure approximately $30 billion at a potential valuation between $1.25 trillion and above $1.4 trillion, while rival Anthropic targets a mid-November initial public offering. Reuters reported on October 19 that OpenAI was pursuing the higher valuation, with SoftBank Group and Abu Dhabi's MGX among prospective investors. TechCrunch, citing CNBC, reported on October 22 that negotiations involved the lower $1.25

According to ChainCatcher, Lido launched its 0x02 Community Staking Module (CSM) recently, enabling permissionless validator operation with a maximum 2048 ETH effective balance per validator. Operators are not required to stake their own capital; instead, they must provide a bond. The first key requires 32 ETH, while subsequent keys require 30 ETH each, with staking allocated by the protocol. The module's initial share cap is set at 0.01% of Lido Core TVL, with approximately 32 keys receiving se

According to ChainCatcher, Uniswap Labs launched Aggregator Hooks today, integrating external DEX quotes into its web app and API across Ethereum mainnet, Base, and Robinhood Chain. The feature connects seven external sources covering over 90% of DEX activity on supported networks, enabling block-by-block quote comparison and in-transaction settlement without requiring additional token approvals. Swaps routed through Aggregator Hooks generate protocol fees supporting UNI burns.

According to its updated travel advisory, the United States raised travel warnings for Saudi Arabia, Qatar, the United Arab Emirates, Iraq, Lebanon, and Israel due to increased threats of Houthi-led regional aggression.

According to Axios, U.S. President Trump has expressed support for Israeli Prime Minister Netanyahu's participation in Tuesday's elections, though some of his advisors believe the administration's Middle East agenda could advance under alternative Israeli leadership. Over the past six months, several Trump senior advisors have grown frustrated with Netanyahu's approach to key regional matters, citing disagreements over his reluctance to advance Trump's peace plan and concerns regarding Israel's

According to @BuildOnStellar, Stellar is preparing to launch confidential tokens on mainnet to enhance privacy for SEP-41 token transactions. The rollout aims to add a privacy layer for network users, potentially attracting more developers and users to the Stellar ecosystem while improving transaction security on the decentralized blockchain platform focused on cross-border payments.

According to BlockBeats reporting on Oct 24, Bitcoin fell to $80,669.49 with a 24-hour decline of 1.31%, while Ethereum dropped to $2,367.01, down 1.52% in the same period. Funding rate data from CoinGlass shows BTC's open interest-weighted and volume-weighted rates at 0.0081% and 0.0074% respectively; ETH's corresponding rates stood at 0.0078% and 0.0082%. Both assets remain in neutral territory, with some platforms showing bearish signals.

According to CCTV Finance, domestic gold jewelry brands cut prices on October 24, with mainstream 24-karat gold jewelry dropping 6 yuan per gram to around 1,200 yuan per gram amid a broader decline in international gold prices.