Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
14:22
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U.S. Crypto Stocks Rise Broadly in 24 Hours, Circle Up 13.87%

According to Bitget market data, U.S. crypto stocks rose broadly in the past 24 hours, with Circle (CRCL) leading gains at 13.87%. Other gainers included Coinbase (COIN) up 7.91%, Strategy (MSTR) up 5.76%, and Robinhood (HOOD) up 5.58%. CEA Industries (BNC) recorded the smallest gain at 0.52%.
14:22
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Solana Launches Seeker App with Ledger as Alpenglow Upgrade Nears October 21

Solana announced a partnership with Ledger to launch the Seeker App, aimed at expanding user accessibility and security. The collaboration comes ahead of the Alpenglow consensus upgrade scheduled for October 21, which is expected to improve the network's functionality. Additionally, Solana is conducting Multisig tests for post-quantum signing on mainnet and has opened a Shanghai office despite China's crypto restrictions. The developments arrive as Bitcoin dipped below $81,000, creating near-ter
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SOL4.09%
BTC2.29%
14:22
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HashKey Exchange Launches HashKey Earn Channel With 5 Product Categories on October 15

According to HashKey Exchange's October 15 announcement, the platform launched the HashKey Earn Channel, a tokenized wealth management platform designed to provide eligible investors with access to investment products through blockchain infrastructure. The platform offers 5 core product categories: money market funds and liquidity solutions, fixed-income and credit investments, global equities, precious metals and alternative assets, and on-chain staking services. Participants must complete risk
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14:21
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Nvidia Plans Industrial AI Deal Worth Hundreds of Millions in Germany

According to German government sources confirmed on October 16, Nvidia plans a major artificial intelligence cooperation agreement with Germany involving several hundred million euros in investment. The initiative is expected to be announced next week at the Invest in Germany conference in Berlin, where Nvidia CEO Jensen Huang is scheduled to appear. The agreement will focus on physical AI systems for robotics and autonomous vehicles, as well as high-performance models for industrial application
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14:21
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ASML Targets Over 110 EUV Machines Annually by 2028 Amid AI Chip Demand

According to ASML's October 14 earnings announcement, the Dutch semiconductor equipment maker is targeting annual production capacity for extreme ultraviolet (EUV) lithography machines exceeding 110 units by 2028, up from approximately 65 units in 2026. The company plans a 30% manufacturing capacity expansion in 2027, lifting output to roughly 85 systems, followed by another 30% increase in 2028. CEO Christophe Fouquet stated that customers are already requesting equipment deliveries for 2029 an
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14:19
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Strategy Declares Daily Dividends on STRC for November at 12% Annualized Rate

According to a Form 8-K filing with the Securities and Exchange Commission, Strategy, the largest corporate Bitcoin holder, declared daily dividends on its STRC preferred stock for November, subject to shareholder approval. The board declared cash dividends for each calendar day from November 1 to 30, with payments beginning November 2, payable on the business day following each record date. The annualized dividend rate remains at 12%, with management planning to maintain this rate until STRC de
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BTC2.29%
14:17
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Cobo Wallet App to Halt on December 1, Users Must Withdraw Assets by November 30

According to BlockBeats, on October 16, Cobo Wallet announced its App service will cease operations on December 1, 2026. Users must withdraw all assets by 11:59 PM on November 30. After closure, any remaining funds will incur a monthly management fee of 2% of account balance or a minimum of $100 USD, whichever is greater. Users are advised to confirm on-chain assets, update receiving addresses on other platforms, and review withdrawal whitelists before the deadline.
14:16
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Norway's $2 Trillion Sovereign Wealth Fund Proposes to Open Investment in Defense Firms; Parliamentary Vote Expected in Mid-2027

Norway's government is proposing to modify the ethics rules of its sovereign wealth fund, currently worth approximately $2 trillion, potentially allowing investment in major Western defense contractors. The fund is currently barred from investing in companies including Lockheed Martin and Boeing due to their involvement in nuclear weapons production. The Norwegian government will solicit public consultation on the new ethical framework before parliament is expected to vote on the proposal in mid
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14:13
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Netflix Stock Falls 2.4% to $70.90 After Leadership Change and 1,000 Job Cuts

Netflix stock (NASDAQ: NFLX) fell 2.4% to $70.90 in premarket trading on Friday, October 16, after the company announced a major leadership change and plans to cut approximately 1,000 jobs. According to Netflix's October 15 announcement, former Disney executive Peter Rice will replace Bela Bajaria as chief content officer, effective October 26. The layoffs, representing about 6% of the workforce, primarily affect technology, product development, legal and human resources teams.
14:13
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Nvidia Shows Resilience Amid Broader Semiconductor Rout; SOXX ETF Logs Longest Streak in 11 Years

According to Barron's, Nvidia showed relative resilience on Friday, October 16, despite semiconductor stocks facing a broader selloff described as one of the most severe in over a decade. Nvidia fell 1.8% on Thursday and was near flat in premarket trading Friday, down 9% since October 6. Meanwhile, the iShares Semiconductor ETF (SOXX) logged its 8th consecutive trading day of declines, marking its longest streak since September 2015; the index fell 1.41% intraday Friday. Market concerns about ri
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14:13
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Morgan Stanley Warns Memory Stock Low P/E Ratios May Signal Valuation Trap

According to a recent report by Morgan Stanley analyst Shawn Kim, memory stocks' low price-to-earnings ratios may represent a dangerous valuation trap despite strong AI-driven fundamentals. Samsung Electronics and SK Hynix trade at estimated P/E ratios of 3.5-3.7 times, while Micron trades at 6.1 times, compared to Nvidia at 17.8 times and TSMC at 23 times. Kim's analysis shows that sustaining current stock prices would require DRAM contract prices to climb approximately 70% monthly—a threshold
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14:12
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U.S. Judge Rejects Gemini-CFTC Request to Vacate $5M Settlement on October 15

U.S. District Judge Alvin Hellerstein rejected a joint request by cryptocurrency exchange Gemini and the Commodity Futures Trading Commission on October 15 to overturn a $5 million settlement. The ruling preserves both the civil penalty, which Gemini has already paid, and a permanent injunction preventing the exchange from making false or misleading statements to the CFTC. The judge determined that changes in the CFTC's enforcement priorities and newly reviewed evidence of regulatory misconduct
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14:12
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Curve Finance Launches Borrowing Feature for Liquidity Pool LPs

Curve Finance has announced a new borrowing feature that allows users to borrow against their Curve liquidity pool (LP) positions, according to an official announcement. The feature is designed to enhance liquidity access for liquidity providers and expand borrowing options available within the Curve ecosystem.
CRV4.23%
14:11
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PancakeSwap Proposes 88% LP Fee Share on October 16

PancakeSwap introduced a fee structure proposal on October 16 that would allocate 88% of swap fees to liquidity providers. The change also includes a proposed 69% reduction in CAKE token emissions, aimed at enhancing incentives for LPs on the Binance Smart Chain DEX.
CAKE0.38%
14:09
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Lighter Announces Options Trading Service Coming Soon

According to BlockBeats, Lighter announced on October 16 that it will launch options trading services soon. The platform posted "Options season. Coming soon" on social media, though specific details remain undisclosed.
14:08
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iPhone Duo Preorders Pushed to December Within Hours of Opening on October 16

According to Bloomberg, Apple's iPhone Duo preorders were delayed to December and beyond within hours of the sale opening on October 16, suggesting strong demand and constrained supply for the $1,999 foldable device, which is scheduled to launch on October 23. AAPL stock edged higher, rising approximately 0.5% on the news.
14:07
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Meta's New Terms Allow It to Crawl News Sites for Free AI Training, Effective October 30

According to The Verge, Meta's new commercial terms will allow the company to crawl websites and use the content to train its AI models, effective October 30. The policy applies to business accounts across Facebook, Instagram, WhatsApp, and Messenger. Under the new terms, Meta can use automated scrapers to access, index, and analyze content "associated" with business products or services for "developing, improving, researching, and training" its AI products. The policy appears to allow Meta to b
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