Gate Crypto Flash News and Market Updates

On Oct. 22 (Thursday), Brent crude jumped 2.6% to $111.66 a barrel, its highest level in five months, as the Nasdaq fell 1.5% and the S&P 500 lost 0.8% by mid-morning in New York. The selloff extended across Asia: South Korea's Kospi fell 3.52%, Japan's Nikkei 225 dropped 2.65%, and Hong Kong's Hang Seng lost 3.03%, following the Kospi's 7.57% plunge on Oct. 15. The 10-year Treasury yield rose to 5.03%, up from 3.97% before the Iran war.

Ukrainian President Volodymyr Zelenskyy said on October 22 that he hopes to hold talks with U.S. Secretary of State Marco Rubio over the next few days to discuss Starlink-related issues.

According to Reuters and three sources, at a recent earnings call Nickel Industries' executive Justin Werner stated that all operations within Indonesia's Morowali Industrial Park (IMIP) will implement coordinated production cuts, though he did not disclose the specific percentage. The company indicated that producers plan to halve mixed hydroxide precipitate (MHP) output, an intermediate product used in electric vehicle battery chemicals, and reduce nickel pig iron (NPI) production by 20 percen

According to ChainCatcher, Pump.fun announced stop-profit and stop-loss order features for EVM-chain trading today, expanding across Robinhood, BSC, Base, HyperEVM, Arc, and Ink networks. The feature previously launched on Solana in September.

According to Grayscale's official announcement on October 21, the asset manager expanded its digital investment platform to allow eligible investors to exchange XRP, Solana, Dogecoin, and seven other cryptocurrencies directly for shares in its funds, eliminating the need to convert tokens to cash first. The in-kind subscription offering covers ten exchange-traded products, with minimum contributions ranging from approximately $80,300 for Solana to $364,800 for Bitcoin. The initiative enables inv

According to Jin10, Iran's Parliament Speaker Mohammad Baqer Kalibaff warned on October 22 that if the United States believes war with Iran is advantageous, it would be gravely mistaken. He stated the conflict would result in severe consequences for America, including stock market collapse, downed military aircraft, increased debt, accelerated inflation, and soldier casualties, all impacting American society. Kalibaff added that the U.S. is not obligated to pursue this path but must accept full

According to Odaily, Albuquerque's ban on cryptocurrency ATMs and counter-assisted crypto trading took effect on October 22, requiring operators to immediately cease operations and remove equipment by December 5. Violators face daily fines of $500, potential loss of business licenses, and possible business closure. The ordinance does not restrict residents from legally holding, mining, or privately transferring cryptocurrency through internet exchanges and digital wallets. According to CFTC data

According to Onchain Lens, BlackRock's ETF wallets received 384.77 Bitcoin worth $31.4 million and 6,334 Ethereum worth $15.19 million from Coinbase Prime, totaling $46.59 million in purchases. Separately, BlackRock transferred 18,098 Ethereum worth $43.6 million from its ETHA and ETHB ETF wallets to Coinbase Prime.

According to Stellar's official announcement, the blockchain platform partnered recently with U.S. Bank to discuss a stablecoin pilot initiative. Jamie Walker, Head of Digital Assets at U.S. Bank, and Denelle Dixon of Stellar led discussions on the bank's stablecoin pilot, emphasizing blockchain adoption in institutional finance. The collaboration aims to unlock new capabilities in digital finance and reflects growing institutional interest in blockchain technology for payment systems.

According to Binance, the exchange announced that bStocks collateral valuation will operate around the clock, supporting dynamic updates to the collateral index price. The move aims to enhance trading efficiency for users by providing more accurate and timely pricing information.

According to Chainlink's October 21 quarterly report, over $15 billion in token value migrated to the company's Cross-Chain Interoperability Protocol (CCIP) during 2026, while LINK traded near $12.24 on October 22. The cryptocurrency retreated from an October high near $15.70, representing a decline of roughly 22% despite institutional adoption expansion. Chainlink's CCIP now secures over $85 billion in cross-chain token value. BitGo alone migrated $7.7 billion in Wrapped Bitcoin infrastructure

According to Chile's Finance Minister Jorge Quiroz speaking at the Enagro 2026 agricultural conference on Wednesday, the country's mining output is now projected to contract 8%-9% this year, down from his previous estimate of around 7%. The revised downward forecast underscores deepening challenges in the world's largest copper-producing nation.

According to Yonhapinfomax, on October 22, the USD/JPY exchange rate plunged 1.034 yen (0.654%) to 157.168 yen as global risk-aversion sentiment strengthened, marking the largest single-day decline in approximately one month. The yen, typically classified as a safe-haven asset, surged alongside the dollar index, which rose 0.153 points (0.15%) to 101.848. The sharp decline was driven by Meta's decision to raise AI infrastructure investment outlooks despite negative free cash flow, cooling risk a

According to FinanceFeeds, SoFi Technologies launched SoFi Earn (SOFIE), an interest-bearing tokenized deposit offering 4.40% annual percentage yield and federal deposit insurance, on October 22. Each SOFIE unit corresponds to $1 in deposits and can be converted at a 1:1 ratio into SoFiUSD, the bank's dollar-pegged stablecoin. SOFIE qualifies for FDIC protection up to $250,000 per depositor, while SoFiUSD is an uninsured digital asset for cryptocurrency transactions and blockchain transfers. The

According to DefiLlama, weekly DeFi revenue surged to over $300 million from approximately $80 million over the past four years. Excluding stablecoin issuers, revenue grew from under $10 million to over $120 million during the same period.

JupiterExchange has launched Revolut on-ramping on its mobile platform, allowing users to purchase cryptocurrency using Revolut Pay. The integration simplifies entry into the cryptocurrency market by enabling seamless transactions directly through the Jupiter Mobile app, streamlining the process for new and existing users seeking to engage with digital assets.

According to CoinDesk, Fireblocks denied reports on October 22 that Visa was in late-stage negotiations to acquire the cryptocurrency custody and infrastructure provider for approximately $2.5 billion. "We are aware of the rumors about a possible acquisition of Fireblocks by Visa. This is news to us, and not true at present time," a Fireblocks spokesperson told CoinDesk. Axios had reported the acquisition talks citing multiple unnamed sources, while Visa declined to comment on the matter. Separa

On Oct. 19, Elon Musk pledged to give one SpaceX share to every child in America next year, according to his X post. The gift is valued at approximately $146 per child based on SpaceX's closing price of $146.03 on Friday, totaling over $10.5 billion for roughly 72 million Americans under 18. SpaceX stock has since rallied to $159.31 as of Wednesday, up nearly 8%, raising the pledge's total value to approximately $11.5 billion.

According to an official announcement on Twitter, Hedera will offer $15,000 in bounty prizes during the ETHGlobal Mumbai hackathon, which kicks off on November 5th. The initiative aims to incentivize developers to create innovative projects on the Hedera platform, with a focus on tokenization and AI applications.

Pendle has introduced PendleLoop, a new leveraged trading platform, according to its official announcement. The platform allows users to long or short any token, including tokenized stocks. The launch aligns with growing demand for real-world assets in crypto, with Pendle's platform currently hosting approximately $691 million in TVL across RWA-related positions.