Gate Crypto Flash News and Market Updates

According to Binance spot data, MTL dropped 25.07% and STEEM fell 28.68% in the past 24 hours on October 25, amid sharp market volatility. Both tokens experienced significant declines, with STEEM reaching one of its steepest daily losses, while other altcoins including AIGENSYN, LUMIA, ZKC, and CTK also recorded notable losses.

According to Brazil's Federal Supreme Court, on October 25, the second-round presidential election voting deadline was extended by two hours, from 5 p.m. to 7 p.m. Brasilia time (4 a.m. to 6 a.m. Beijing time on October 26). The extension was ordered to accommodate public transportation disruptions and heavy rainfall affecting voter turnout.

According to SoSoValue data, U.S. spot XRP ETFs attracted $4.25 million in net inflows during the week ending October 23, resuming capital flows after a $1.84 million net outflow in the prior week that ended their 13-week winning streak. The recovery was concentrated in Franklin Templeton's XRPZ, which recorded approximately $3.55 million of inflows on October 22. XRP traded around $1.30 on October 25 after briefly dipping to $1.256 amid broader weakness in bitcoin, which fell below $80,000 on O

According to Centrifuge CEO Bhaji Illuminati, the crypto sector needs to accelerate progress and strengthen collaboration as the Meridian 2026 event approaches on October 28-29. In a recent tweet, Illuminati highlighted the urgency for industry advancements ahead of the gathering, which is expected to showcase innovation and foster key partnerships in the crypto space.

According to Korean Economic News and Kyunghyang Shinmun, South Korea's presidential office is inclined to postpone the virtual asset income tax originally scheduled for January 1, 2027, marking the fourth delay of the measure. A presidential official stated that crypto taxation will proceed toward postponement in inter-party negotiations, though a written response from the office indicated the matter remains under review and no final decision has been made. The current tax plan proposes a 22% r

According to Token Terminal, Solana recently accounted for 34.2% of over $300 million in tokenized stocks deposited into DeFi platforms. The total deposits of tokenized stocks in DeFi have surged 2,451.5% over the past year, with Robinhood Chain following at 23.6% and Ethereum holding 15.8%.

According to Token Terminal, the DeFi sector received $24 billion in stablecoin deposits, representing a 560.8% increase over three years and constituting 8% of the total $298.4 billion stablecoin market. Aave's v3 and v4 versions lead with a combined 38.3% market share, followed by Morpho Blue at 31.6% and SparkLend at 8.5%, based on data from 41 DeFi venues.

Iran's Revolutionary Guards spokesman mocked U.S. Central Command Chief Admiral Michael Erik Kurilla (referred to as 'Cooper' in the original context) over his visit to the Strait of Hormuz, according to statements from the Iranian military body. The mockery was accompanied by imagery showing a U.S. military personnel aboard a helicopter observing a burning oil tanker, underscoring tensions in the strategically vital waterway.

Elon Musk posted on X that the tightened debt market environment will drive consolidation among over 200 emerging AI computing cloud companies, with only a small number expected to survive the sector shake-up.

According to Token Terminal, MSTR recently unveiled a new strategy for distributing its common and preferred stock through onchain markets. Tokenized MSTR and STRC assets totaling nearly $500 million have realized a 3,565% increase over the past year, reflecting growing institutional demand for digital finance solutions.

Microsoft will report fiscal first-quarter 2027 earnings after market close on Wednesday, October 28, with investors focused on Azure revenue growth guidance of 44%-45% in constant currency, quarterly capital expenditure expected to exceed $50 billion, and the first regular quarterly disclosure of Azure revenue in dollars under Microsoft's revised reporting structure. Microsoft closed Friday, October 23, at $524.51. FactSet consensus estimates place revenue at approximately $90.63 billion and ad

According to President Zelenskyy, Ukraine will not exchange territory for other concessions but remains open to discussions. Territorial issues must be negotiated at the leadership level, while other matters can be addressed through technical working groups. All discussions are scheduled for November.

Ukrainian President Volodymyr Zelensky announced that a trilateral meeting involving the United States, Ukraine, and Russia will take place in November.

According to President Zelenskyy today, Ukraine and the U.S. have resolved two key issues: intelligence sharing and restrictions on Starlink and Shield systems.

According to FinanceFeeds, Keystone confirmed on October 23 that unauthorized access to its Shopify-powered online store exposed customer names, contact details, shipping addresses and order information. The company detected the unauthorized access on October 20. Payment-card information, recovery phrases, private keys and wallet credentials were not compromised, the company said. However, some customers reported receiving breach notifications for orders placed more than 180 days earlier, potent

According to PPP prediction market tool, an account (0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) purchased $57,000 worth of G2 victory predictions against TES in the League of Legends S16 World Championship Swiss Round match today. The position was opened at an average price of 51.6 cents per share, with 110,839.9 shares purchased. The account has generated $1 million in weekly profits.

According to Serbia's State Election Commission, parliamentary election turnout reached 64.9% by 6 PM local time on October 25, marking the highest participation rate since Yugoslavia's dissolution in 1992.

According to White House National Economic Council Chair Kevin Hassett in a Fox News interview on October 25, the U.S. and Canada are "very close" to reaching a trade agreement, with negotiations gaining momentum. Commerce Secretary Howard Lutnick has been conducting trade discussions with Canada throughout the week. The two countries currently impose tariffs as high as 50% on certain products, though the U.S. withdrew 50% tariffs on paper, packaging materials, and agricultural equipment on Octo

According to a Houthi statement reported by Jin10, Houthi forces launched dozens of ballistic missiles and conducted three military operations against Saudi Arabia on October 26 in retaliation for attacks on Yemen. The three operations targeted King Khalid International Airport in Riyadh, King Khalid Air Base in Khamis Mushayt, and a southern naval base in Jizan. The Houthis claimed all strikes achieved their intended targets.

According to Whale Alert, Circle minted 250 million USDC on the Solana network early today at 01:44 UTC, valued at approximately $250 million. Solscan data confirmed the minting transaction succeeded.