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
10:23
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U.S. to Hold Talks With Reliance on Refining More Venezuelan Crude Oil

U.S. Secretary of State Rubio said on October 20 that the United States will hold talks with Reliance about refining more Venezuelan crude oil. The statement reflects ongoing diplomatic engagement regarding energy trade negotiations between Washington and the Indian energy conglomerate.
10:22
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Citi: U.S. Treasury Yield Ceiling Hinges on Oil Price Decline

According to Citi's latest quantitative research report, oil price decline is a prerequisite for U.S. 10-year Treasury yields to peak. The bank's analysis framework identifies oil prices as a leading indicator that must fall before yields reach their ultimate peak. Currently, geopolitical tensions keep oil elevated, while breakeven inflation rates remain strong and the U.S. dollar has resumed gains, suggesting Treasury yield peaks may not yet be realized. Citi's cyclical models have shifted to d
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10:21
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Brevan Howard Digital's Stablecoin Strategy Surges Over 35% Since February Launch

According to Business Insider citing informed sources, Brevan Howard Digital's stablecoin-focused investment strategy launched in February has surged more than 35% through September 2026. The strategy's strong performance contrasts with the firm's flagship fund, which declined 3.8% year-to-date. The crypto division has attracted capital inflows from sovereign wealth funds amid evolving industry dynamics, though Brevan Howard declined to disclose specific capital amounts.
10:16
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Stone Pharma (01093) Launches Phase I Trial for SYH2083 Eye Drops in Dry Eye Disease

According to Stone Pharma (01093), the company announced today that SYH2083 eye drops, a dual-target LFA-1/RASP inhibitor, has initiated a Phase I clinical trial (SYH2083-001) for dry eye disease in China. The single-center, randomized, double-blind, placebo-controlled dose-escalation trial aims to evaluate safety, tolerability, and pharmacokinetics in healthy volunteers. Participant recruitment and screening are currently underway.
10:15
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FINMA Approves Switzerland's First Retail Bitcoin ETF With Special Risk Designation

According to ChainCatcher, the Swiss Financial Market Supervisory Authority (FINMA) approved the country's first retail-focused Bitcoin ETF. The product is classified as an alternative investment fund under Swiss law and designated as carrying special risk. FINMA did not disclose the issuer but multiple outlets reported signs indicating the fund may come from BIT Asset Management. As a single-asset fund, it invests entirely in Bitcoin, requiring FINMA to grant an exemption from its diversificati
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10:13
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Intel Eyes Nvidia Collaboration Signals at Berlin GTC 2026 on Oct 21

According to tech media Wccftech, Intel is awaiting confirmation from Nvidia regarding extended processor partnerships, potential foundry services, and advanced packaging collaboration at the Berlin GTC conference beginning October 21. The analysis highlights three potential opportunities for Intel: continuing as a CPU supplier for Nvidia's next-generation DGX systems (currently using Xeon 6776P), providing foundry services for Feynman-generation I/O chiplets using Intel's 18A-P or 14A processes
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10:11
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Huahao Zhongtian Pharmaceutical Initiates Phase III Trial of Utidelone Capsule for HER2-Negative Advanced Breast Cancer

According to Huahao Zhongtian Pharmaceutical, its oral utidelone capsule (UTD2) achieved first patient dosing today in a Phase III clinical trial (BG02-2601) for HER2-negative advanced breast cancer, marking the global first oral microtubule stabilizer key registration trial. The randomized, controlled trial compares utidelone capsule combined with capecitabine (CAP) against the marketed intravenous utidelone injection (UTD1) plus CAP in patients previously treated with taxanes or anthracyclines
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10:11
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China Tower Posts RMB 10.817 Billion Net Profit in First Three Quarters, Up 24.2% YoY

According to China Tower (00788), in the first three quarters of 2026, the company's net profit attributable to shareholders reached RMB 10.817 billion, up 24.2% year-over-year. Operating revenue was RMB 71.999 billion, down 3.1% from the prior year, with telecommunications operator business revenue declining 6.0% to RMB 59.641 billion, offset by smart linkage business revenue rising 10.9% to RMB 7.869 billion and energy business revenue growing 13.0% to RMB 3.868 billion. The combined revenue c
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10:07
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Bitget Plans to Acquire Thai Crypto Exchange GMO-Z.com on October 20

According to Bitget, on October 20, the Seychelles-based exchange announced plans to acquire GMO-Z.com Cryptonomics (Thailand) Co Ltd through its interest in BTGT Management (Thailand) Ltd. Under the proposed transaction, Japan's GMO Internet Inc and other shareholders would transfer their entire stakes to BTGT Management (Thailand) Ltd and/or its designated entity. Completion is subject to regulatory approval from Thailand's Securities and Exchange Commission (SEC) and other conditions. Bitget
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10:07
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Baoji Pharma-B's BJ045 Injection Receives IND Approval from China's NMPA on October 19

According to Baoji Pharma-B's announcement, the company's self-developed BJ045 subcutaneous injection, a CD20 monoclonal antibody, received clinical trial approval (IND) from China's National Medical Products Administration (NMPA) on October 19, 2026. The approval permits BJ045 to proceed with clinical trials in China. BJ045 is designed as a subcutaneous anti-CD20 antibody with potential to be combined with IgG-degrading enzyme therapies (such as the company's KJ103) for treating moderate to sev
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10:06
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Northbound Investors Record HKD 17.23 Billion Net Outflows on October 20; Tencent Receives HKD 11.47 Billion Net Inflows

According to Zhitong Finance, on October 20, Northbound investors achieved net outflows of HKD 17.23 billion in Hong Kong stocks. The Shanghai-Hong Kong Connect recorded net outflows of HKD 8.49 billion, while the Shenzhen-Hong Kong Connect saw net outflows of HKD 8.74 billion. Tencent Holdings (00700) received the largest net inflows among Northbound-tracked stocks at HKD 11.47 billion, followed by China National Offshore Oil Corporation (00883) with HKD 2.74 billion and MINIMAX-W (00100) with
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10:01
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U.S. Fintech Meow Raises $31.6M in Series B Led by Stifel

According to Foresight News, U.S. fintech company Meow completed a $31.6 million Series B funding round led by Stifel, with Archetype VC participating. Stifel plans to offer a white-label version of Meow's platform to its commercial banking clients, initially targeting venture capital and fund banking services, with launch expected in early 2027. The company has previously partnered with Stripe, Bridge, and Tempo on stablecoin initiatives.
10:01
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OpenAI and Meta Warn of Deepfake Threat to Legal Evidence on October 15

According to Reuters, OpenAI and Meta representatives warned on October 15 at a U.S. judicial conference that AI-driven deepfakes pose a serious threat to evidence reliability in legal proceedings. OpenAI policy advisor Shira Anderson stated that AI-generated images are rapidly improving in quality and may become indistinguishable from authentic media in the future. Meta product management director Devin Norder added that humans can no longer reliably distinguish real media from content generate
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10:01
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ZEALER Founder Unveils VIVA AI Health Management Product With Three Virtual Roles

According to ChainCatcher, ZEALER founder Wang Ziyu unveiled VIVA, his first AI product focused on personal health management. The app integrates three virtual roles—a nutritionist, fitness coach, and life assistant—within a single chat interface that share conversation context. Users can photograph meals or describe their food intake, allowing the AI to estimate calories and track nutritional data. The fitness coach schedules workouts, provides guidance, and logs progress, while the life assist
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