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.
Today
22:11
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Maryland Appoints Hedera's Nilmini Rubin to Digital Asset Task Force on October 12

According to Governor Wes Moore, Nilmini Rubin, Chief Policy Officer at Hedera, was appointed to Maryland's Digital Asset and Blockchain Technology Task Force on October 12, 2026. The task force aims to assess the economic impacts of distributed ledger technology and cryptocurrencies, and to develop an enhanced regulatory framework for the state. Rubin's expertise in blockchain policy will guide Maryland's approach to digital asset governance.
HBAR-5.50%
22:10
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Micron Falls 3.88% on Monday as Chinese Rival CXMT's Advanced Chip Triggers Memory Sector Selloff

According to Barron's, on Monday (October 11), Chinese memory chipmaker CXMT's progress in developing advanced 4F² technology sparked a broad selloff across global memory stocks. Micron Technology fell 3.88% to $98.04, marking its third consecutive trading day decline despite a 261% year-to-date gain. South Korea's SK Hynix dropped 4% and Samsung Electronics declined 4.4%. According to the South China Morning Post citing CXMT's statement, the company plans to launch a new memory product based on
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22:07
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Bumble Stock Soars Over 50% On $1B Take-Private Talks; MTCH Edges Higher

According to Wall Street Journal, Bumble Inc. (BMBL) shares jumped 50% on Monday (October 12) after reports of advanced take-private negotiations at a valuation of roughly $1 billion. Prospective buyer Ithaca Holdings, led by former Sequoia Capital partner Ravi Gupta and Meta's former chief revenue officer John Hegeman, could complete the deal as early as this week, the report said. Founder Whitney Wolfe Herd is expected to remain involved and roll at least part of her stake into the transaction
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22:07
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Federal Reserve Has 79.5% Chance of Maintaining Rates Through October, CME Data Shows

According to CME Federal Reserve Watch, the Federal Reserve has a 79.5% probability of maintaining interest rates unchanged through October, with a 20.5% chance of a 25 basis point rate hike. For December, the probability of holding rates steady drops to 12.4%, while a 25 basis point increase reaches 70.3% and a 50 basis point increase is at 17.3%.
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21:55
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CFTC Crypto Regulatory Framework Could Miss Early 2028 Deadline, TD Cowen Warns

According to TD Cowen's Washington research team, CFTC's proposed crypto regulatory framework disclosed on Monday could face significant delays, with completion unlikely before early 2028, creating risk of failure as the election cycle approaches. Director Jaret Seiberg estimates CFTC could not issue a proposal until Q1 or Q2 2027, followed by finalization in early 2028. The proposed rules require platforms to maintain "proof of reserves audits" and grant CFTC jurisdiction over state-licensed pl
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21:51
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Bitcoin Holds $81,300 as CPI Data Looms Wednesday

According to Bitfinex insights, Bitcoin defended the $81,300 level last week, with traders closely monitoring incoming Consumer Price Index data set to release this Wednesday. The CPI report could significantly influence ETF buying behavior, potentially enabling Bitcoin to reclaim the $84,500 resistance target if bullish sentiment prevails.
BTC-1.13%
21:51
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Binance Announces Agent OS Mini Hackathon Winners, Rewards Coming Within Two Weeks

According to Binance's official announcement, the exchange revealed the winners of its Agent OS Mini Hackathon recently. Reward distribution is expected to be completed within two weeks, as the platform recognizes the innovative projects and contributions of participants. The hackathon showcases Binance's commitment to fostering community-driven development within its ecosystem.
21:51
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IMF Warns AI Will Impact 40% of Global Jobs; Young Workers Hit First

According to IMF Managing Director Kristalina Georgieva, AI will eventually touch about 40% of jobs worldwide, with exposure around 60% in advanced economies, during remarks made Monday in Bangkok at the IMF and World Bank annual meetings. Young people entering the workforce are first in line for disruption, as AI absorbs the routine tasks entry-level positions are built on, Georgieva said. The IMF will publish its full World Economic Outlook on October 13 with its first update to the 3% global
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21:30
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Anthropic: Small AI Models Could Self-Replicate on Budget IoT Devices Within Months

According to research published on Anthropic's official website, the company's Frontier Red Team found that small AI models could self-replicate on cheap IoT devices within months without relying on data centers. In testing, a 9-parameter billion model successfully ran inference on 8 out of 9 hardware types. Gemma4-26B distributed across 15 Android TV boxes costing about $55 each. The research indicated that GLM-5.2 and stronger models already possess end-to-end replication capabilities, with sm
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GLM-2.35%
21:27
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Blur Frontend to Shut Down November 12, Blend Halts New Lending

According to Blur's announcement on X, the platform will discontinue its blur.io frontend on November 12, 2026. The underlying Blur market protocol will continue running on-chain, with BLUR retaining control over its fee switch. On the same date, the Blend lending protocol will cease matching new loans; borrowers must repay existing loans or face default. Blur will subsequently provide frontend tools to help users withdraw assets from Blend.
BLUR-20.36%
BLEND0.75%
21:25
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SWI Group Raises $900M for AI Data Centers, Gains Control of FTX-Linked Genesis Mining

According to SWI Group, the investment company raised approximately €800 million (about $900 million) on Monday to expand its data center and AI computing capacity. The capital will fund infrastructure expansion across Europe and the United States, including a mining operation previously tied to cryptocurrency exchange FTX. SWI Group now holds majority control of Genesis Digital Assets, which operates 15 facilities with 1.3 gigawatts of capacity. The firm acquired a significant shareholding in G
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21:25
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Monday Treasury Options Bet 30 Bps Decline, Countering Goldman Sachs Rebound Call

According to Goldman Sachs strategists, the largest capital flow in U.S. Treasury long-bond options on Monday (October 11) bet on a 30 basis point decline in 30-year yields, even as Goldman sees potential for 10-year rates to rebound. The options positioning reflects market concerns over multiple near-term headwinds.
21:24
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Trump Says Russia and Ukraine Agreed to Ceasefire on October 13, Calls for Peace Talks

According to Jin10, on October 13, Trump responded to denials from Russia and Ukraine over ceasefire agreement by stating: "They agreed, you know why? Because I said 'you agreed.' That's how simple it is." Regarding reports of Russian ceasefire violations, Trump said he needs to assess the situation as both sides have violated agreements, and emphasized that Zelenskyy and Putin must sit down to end the "ridiculous" war.
21:23
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WTI Crude Rises to $93.74 on Houthi Attacks Against Saudi Arabia, Up Over 3 Consecutive Sessions

According to Yonhapinfomax, WTI crude for November delivery climbed $1.89 to $93.74 per barrel on October 12 (U.S. Eastern Time), marking the third consecutive trading day of gains. Brent crude for December rose $1.93 to $106.65 per barrel. The price increases were driven by escalating attacks from Yemen-based Houthi militants targeting Saudi Arabia's airports and oil facilities, resulting in at least 14 deaths over two days—the worst casualties in over a decade. SEB commodity analyst Bjarne Sch
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21:22
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Yemen's Military Reports Killing 950 Houthis in 24 Hours; 1,879 Strikes on Militant Targets

According to the Saba News Agency, Yemen's government military reported killing approximately 950 Houthi militants in military operations over the past 24 hours on October 12, military spokesman Majid al-Nuzeili said. As part of the "Yemen Dawn" operation, government forces have conducted 1,879 strikes against Houthi military targets. The military also destroyed about 380 military vehicles and disrupted Houthi fire positions, command and supply systems. Airstrikes in Taiz Province targeted Houth
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21:22
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Elon Musk Donates $276M to Republican Groups, Becomes Biggest Known 2026 Midterm Donor

According to CNBC, Elon Musk donated over $276 million to Republican groups since July, becoming the biggest known donor for the 2026 midterm election. The largest share, $158 million, went to the Senate Leadership Fund, the main super PAC backing Republican Senate candidates, while over $76 million was directed to America PAC, the political action committee Musk founded. His total federal political giving for the 2025-26 cycle has reached approximately $366 million, surpassing the roughly $290
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