Gate Crypto Flash News and Market Updates

According to spokesman Turki al-Malik, the Saudi-led coalition intercepted and destroyed a ballistic missile fired by Yemen's Houthi group toward Riyadh on October 24, according to the coalition's statement.

According to a U.S. official, the United States ordered the evacuation of diplomatic personnel from multiple Middle Eastern embassies on October 24, citing heightened threats from Iran and Houthi forces. The State Department previously indicated that only some personnel stationed in Saudi Arabia were ordered to depart due to rising risks from Houthi attacks, while characterizing broader evacuation reports as inaccurate. The official stated Friday evening that the combined threats from Iran and H

According to Jin10, domestic gold jewelry prices continued their downward trend today (Oct 24). Most brands' 999 fine gold jewelry dropped approximately 6 yuan per gram compared to yesterday, with prices clustering around 1,202 yuan per gram. Zhousixifu's fine gold jewelry fell below 1,200 yuan per gram, trading at 1,197 yuan per gram.

According to @financenewsint, Fireblocks recently announced an expansion of its collaboration with Euronet to introduce stablecoin-funded payment cards. The partnership aims to provide banks and fintech companies with new payment solutions powered by stablecoins, reflecting growing institutional interest in integrating digital currency infrastructure into mainstream financial services.

According to Grayscale, Zcash mining rewards recently exceeded Bitcoin's by a substantial margin, with mining rigs generating approximately double the daily rewards and four times the revenue per megawatt-hour. The heightened profitability has driven increased mining activity, with Zcash mining operations rising more than 2.5 times this year, according to commentary from @WuBlockchain. The uptick in miners joining the network enhances security and supports Zcash's market position.

According to Algorand, VersaBank, a Canadian bank, is piloting its Real Bank Tokenized Deposits (RBTDs) on the Algorand blockchain, aimed at facilitating a commercial launch and clarifying Canada's regulatory framework for tokenized deposits. The pilot leverages Algorand's scalable blockchain infrastructure to enhance security and efficiency in banking transactions.

According to Guru Club, Brent crude oil broke through $111 in off-market trading on October 24, with intraday gains exceeding 2.1%.

According to Guru Club, SPDR Gold Trust, the world's largest gold ETF, saw holdings decrease by 3.991 tons on October 24, bringing total holdings to 1,041.653 tons.

According to S&P Global Ratings on October 24, data centers face potential credit rating downgrades due to construction halts and project cancellations triggered by U.S. public opposition. Analyst Chris Munz and others noted in a Friday report that grid capacity constraints, environmental sustainability disputes, and zoning policy changes are driving project delays and heightened credit risks. The report tracked 146 delayed or canceled U.S. data center projects, with approximately 75% linked to

On October 23 evening, incumbent Brazilian President Luiz Inacio Lula da Silva of the Workers Party and Flavio Bolsonaro of the Liberal Party held a public debate on Globo TV. This was the final televised debate between the two candidates ahead of the second round of the 2026 Brazilian presidential election.

QUICK surged 10.12% in just five minutes today, reaching a current price of $0.00533. The token climbed 15.12% over the past hour with a 24-hour trading volume of $170,762.44. The coin's 24-hour percentage change stands at 9%, with today's low at $0.00455 and high at $0.00533.

According to ChainCatcher, S&P Dow Jones Indices adjusted its stock classification rules for growth and value stocks, incorporating intangible assets, earnings expectations, and free cash flow into the assessment criteria. The new rules will take effect on December 21 at market open, potentially requiring passive funds tracking the affected indices to rebalance their holdings. At least $375 billion in passive fund assets are linked to the impacted indices.

According to Bloomberg citing Dune Analytics, Kalshi and Polymarket's crypto-related contract trades reached $2.7 billion in nominal volume last week, marking an all-time high. Bitcoin short-term price movement contracts were the most active, with cryptocurrency now the second-largest trading category on both platforms after sports.

According to Barron's, on October 23, Seaport Research Partners analyst Jay Goldberg warned that 45% of NVIDIA's planned AI data center capacity for 2027 may not be completed. Of the 55GW announced, only 30GW is expected to become operational, threatening future demand for NVIDIA chips. Goldberg cited three main obstacles: power grid interconnection delays, insufficient supply of gas turbines, and labor shortages in electrical work. Microsoft recently withdrew from the Nscale data center project

According to BlockBeats, on October 24, concerns about AI giants' capital expenditure returns triggered a sharp market rotation, with tech stocks declining and investors accelerating flows into U.S. bonds. The Nasdaq 100 posted its worst two-week performance since April 2025, while a basket of AI-related stocks fell 4.9% this week, with Meta dropping over 9%. In fixed income markets, 10-year Treasury yields initially rose to 5.14% early week before retreating to 4.97% on Thursday, marking the fi

According to Stellar's announcement, the blockchain platform is hosting a townhall at its Meridian event to foster community engagement. Executives including Denelle Dixon and Jose Da Ponte will participate and answer questions from attendees, providing participants with direct access to Stellar's leadership.

According to Iranian and Qatari officials, Iran's President Pezeshkian will visit Russia next week to attend the 8th Gasexport Forum summit on October 27 in Moscow. During the summit, Pezeshkian will hold talks with President Putin, according to Qatari sources.

According to ChainCatcher, a wallet address associated with the GPS project received 1.5 million TREAD tokens worth $1.16 million nine hours ago, according to on-chain analyst Ai Yi. The purpose of the transfer remains unclear, with no prior public collaboration or contact between GoPlus and Treadfi identified.

According to BlockBeats, on October 24, Anthropic plans to launch its IPO in mid-November with a target valuation of $2 trillion, though the timing faces uncertainty amid recent AI sector selloff and narrowing market window. Under SEC rules, the company must file its S-1 registration statement at least 15 days before initiating a roadshow; to complete the listing by late November, Anthropic must submit the filing by next week at the latest. Recent AI-related assets have come under pressure, with

According to CNBC reporting on Oct 23 at Berlin GTC conference, Nvidia CEO Jensen Huang warned that AI infrastructure funding demand far exceeds currently available capital supply. The statement comes as neocloud providers' stock prices tumbled on Oct 22, with CoreWeave (CRWV-US) falling approximately 10% and Nebius (NBIS-US) declining about 7%. Huang noted the shortage reflects operational capital constraints needed to support growth across multiple AI sectors simultaneously, though he expresse