Gate Crypto Flash News and Market Updates

According to Bloomberg, French President Emmanuel Macron said on October 12 that France expects to soon reach an agreement with Germany on protecting Europe's automotive industry.

According to Egypt's Central Bank, for fiscal year 2025/26, oil product imports fell by $1.2 billion while natural gas imports rose by $4.7 billion.

According to Morgan Stanley's digital assets strategy head Amy Oldenburg on October 12, tokenized real-world assets (RWA) market is projected to reach $3–10 trillion by 2030, a prediction she described as "unquestionably" assured. Oldenburg noted institutional investors' growing attention and participation in the sector is fueling momentum, with clear signs of FOMO (fear of missing out) emerging in the institutional market.

According to China Qinfa (00866)'s operational data released on October 12, the company's raw coal production reached 7.074 million tons in the first nine months of 2026, up 104% year-over-year, while coal trading volume reached 4.644 million tons, up 46% year-over-year. Washed coal trading volume increased 131% compared to the same period in 2025, reflecting a higher proportion of refined coal products in overall sales.

According to Goldman Sachs, on October 12, the bank upgraded equity ratings to overweight for the next three months and bond ratings to overweight for the next 12 months. The shift reflects expectations that valuation improvement, corporate earnings resilience, and moderating inflation will support market performance through 2027. However, Goldman Sachs cautioned that rising yields and geopolitical risks could continue driving market volatility. Among equity holdings, the bank favors AI-related

According to ChainCatcher, Lightning Development Kit (LDK) released a security update recently, fixing a critical vulnerability that could allow malicious nodes to steal funds. The most severe flaw involves Lightning channel reconnection, where attackers could falsely claim non-receipt of previously confirmed channel updates. Vulnerable LDK instances may then sign conflicting commitment transactions without proper record-keeping, allowing attackers to reclaim bitcoin after payment forwarding com

According to SEC filings, Robinhood CEO Vladimir Tenev sold 375,000 Class B shares (automatically converted to Class A) for approximately $42.6 million on October 5, marking the sixth time in 2026 he has reduced his directly held Class A position to zero. Despite the sale, Tenev retains 47.4 million Class B shares worth roughly $5.2 billion, which carry superior voting rights and ensure his majority control of the company alongside co-founder Baiju Bhatt.

According to Pendle, the platform launched an RWA Insights series featuring institutional leaders from Partners Group and Franklin Templeton to discuss real-world asset tokenization. The initiative includes new liquidity pools for USDG and AUSD, set to be released in 2026, as announced on the platform's official social media.

According to CCTV, the Ebola outbreak in the Democratic Republic of Congo has claimed 4,336 deaths as of October 12.

According to Odaily, France's National Assembly Finance Committee voted 31-3 on Friday (October 9) to reject the government's 2027 budget revenue section, invalidating previously approved crypto tax amendments including exit taxes on crypto assets and taxation on stablecoin conversions. The committee will revisit the budget revenue section on October 20, with a final vote on the full legislation scheduled for November 17. Related proposals must be resubmitted starting Tuesday.

According to FinanceBiggo, AI-native infrastructure company Wuwen Xincong completed C-round financing of 2.3 billion yuan (approximately $344.2 million) on October 12, bringing cumulative funding to over 4.3 billion yuan ($643.6 million). Investors in the round include Hangzhou Hi-Tech Investment, National Social Security Fund Council Center, Zhuhai Science and Technology Industry Group, Xuhui Capital, Tencent, Baidu, Lenovo, Sequoia China, Qiming Venture Partners, and Shunwei Capital.

According to Jin10, on October 12, China's Securities Regulatory Commission Chairman Wu Qing met with Khaldoon Khalifa Al Mubarak, Chief Executive Officer and Managing Director of the United Arab Emirates' sovereign wealth fund Mubadala Investment Company, in Beijing. The two sides exchanged views on international economic and financial developments, strengthening bilateral capital market cooperation, and expanding Mubadala's investment in China.

According to Guru Club citing 我的钢铁网 data, on October 12, major steelmakers in Hebei and Shandong reduced coke purchasing prices for the second time, with wet-quenched coke down 100 yuan per ton and dry-quenched coke down 110 yuan per ton. Meanwhile, Luliang Xiaoyi high-sulfur coking coal prices reversed lower, trading at an average of 2,055 yuan per ton on October 12, up 97 yuan per ton from October 8.

According to CoinDesk, on October 12, Bitcoin maintained above $83,000 amid gains in the U.S. dollar and rising Treasury yields, which weighed on market risk sentiment. The dollar index (DXY) held above 102.4, while gold fell approximately 0.5% to around $4,180 per ounce. Bitcoin also declined about 0.5%. U.S. equity index futures edged lower, and WTI crude oil rose above $92 per barrel. Treasury yields continued climbing as bond prices fell, reversing earlier gains in long-duration bond ETF TLT

According to Euronews, France's National Assembly Finance Committee voted last week to approve crypto tax amendments that will impose an exit tax on residents holding over €800,000 in crypto assets beginning in 2027. The tax will apply to tokens on foreign platforms and self-custodial wallets; residents relocating within the EU may request tax deferrals, with exemptions available after holding assets for 2–5 years. Additionally, self-custodial wallets valued over €100,000 at year-end must be dis

According to the World Data Organization, the organization's Secretariat became fully operational recently. The Secretariat established multiple departments including a General Office, Member Services Department, Research Department, Technology Department, and Industry Cooperation Department. The organization plans to advance rule-building, refine operational mechanisms, and promote member services, policy research, technical standards, and industry cooperation initiatives.

According to Germany's domestic intelligence chief, Russia is conducting hybrid operations using virtually all available tools, including assassination plans targeting Germany. The statement reflects ongoing security concerns about Russian activities across Europe.

According to 21st Century Business Herald, Beijing police have launched a criminal investigation into CreditEase, one of China's largest former P2P lending platforms. Founder Tang Ning and other suspects have been placed under criminal compulsory measures. The investigation follows CreditEase's prior suspension of redemptions on fixed-income products, amid concerns over potential insolvency.

US natural gas futures declined over 3% during intraday trading today, with prices now at $3.123 per million British thermal units (BTU).

According to Jin10, Chinese Prime Minister Li Qiang spoke with New Zealand Prime Minister Christopher Luxon on October 12 afternoon. Li emphasized that China-New Zealand relations remain stable, and both countries aim to deepen cooperation as a mutually respectful and win-win partnership. During the call, Li proposed accelerating negotiations on the China-New Zealand Free Trade Agreement's negative list for services trade and expanding collaboration in new energy vehicles, solar power, and wind