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.
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02:53
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Australian Dollar Rallies to 0.7055 as Inflation Lifts RBA Rate-Hike Odds to 82% on Oct 29

According to Jin10, the Australian dollar strengthened to around 0.7055 during Asian trading on Thursday (Oct 29) as Australia's September inflation data exceeded expectations, bolstering market expectations for an RBA rate increase. The country's CPI rose 4.3% year-on-year, above market expectations of 4.2% and August's 4.0%, driven by higher housing and transportation costs. Market probability of the RBA raising the cash rate to 4.85% at its next policy meeting jumped to nearly 82%, up from 62
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02:53
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RBA's Potential December Rate Hike Carries 'High Risk', Says AMP Economist

According to AMP chief economist Shane Oliver, reported by Jin10 on October 29, a potential December rate hike by Australia's central bank carries 'high risk', though it is not his base case scenario. Oliver stated that the Reserve Bank of Australia's expected rate hike at next week's policy meeting should be sufficient to prompt a temporary pause. Should the RBA decide to hike again, it may wait until February 2027 to assess the impact of consecutive rate increases.
02:51
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BlackRock Transfers $200M Worth of ETH to Coinbase in 24 Hours

According to Arkham monitoring data, BlackRock has transferred approximately $200 million worth of ETH to Coinbase over the past two days through four transactions. The most recent transfer, conducted about 15 hours ago, moved 29,814 ETH valued at $70.58 million.
ETH-2.25%
02:51
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Samsung Expands Foundry Fab Investment as 2-Nano Orders More Than Double

According to Samsung Electronics' October 29 earnings call, the company's semiconductor foundry division expects 2-nano orders to more than double year-over-year in 2026. Samsung announced it is expanding new fab investments in the U.S. and domestically to meet growing demand from cloud service
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02:37
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Samsung Electronics Discloses Natural Hedging Strategy to Manage Currency Risk on Oct 29

According to Yonhapinfomax, Samsung Electronics disclosed on October 29 during its Q3 2026 earnings call that it relies on natural hedging rather than full derivative-based hedging to manage currency volatility. The company matches asset and liability sizes by currency and minimizes exposure through early dollar sales, aiming to reduce operational uncertainty from exchange rate fluctuations while avoiding potential market disruption and transaction costs.
02:32
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Bitcoin Options Worth $11 Billion Expire on October 30 as U.S. Midterm Election Nears

According to Bloomberg, $11 billion in Bitcoin options expiring on October 30, combined with the U.S. midterm election on November 3, could intensify market volatility. Bitcoin is currently trading near $80,000, with concentrated call option positions at $90,000, $95,000, and $100,000 strike prices likely to expire worthless. Market makers' hedging positions may accelerate Bitcoin downside toward $75,000–$78,000 if they maintain short exposure, while long positions could cushion declines. Some o
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BTC-1.37%
02:31
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Google Launches TPU on Oracle Cloud Starting 2027; OpenAI Reportedly to Purchase

According to Barron's on October 28, Google announced it will provide its Tensor Processing Units (TPU) through Oracle's cloud infrastructure platform starting in 2027. This marks Google's first time offering TPU services outside its own cloud platform, expanding its AI chip commercial strategy. Technology media outlet The Information reported late on October 28, citing people familiar with the matter, that OpenAI plans to purchase Google TPUs. Neither OpenAI nor Google immediately responded to
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