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
13:51
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Judge Rejects Gemini's Joint Request to Vacate $5 Million CFTC Settlement

US District Judge Alvin Hellerstein rejected a joint request from Gemini and the Commodity Futures Trading Commission (CFTC) to vacate a January 2025 consent order on October 17, 2026. The $5 million penalty remains intact, along with a permanent injunction restricting Gemini from making false or misleading statements to the regulator. The CFTC reversed its enforcement stance in May 2026 after an internal review concluded its original Gemini lawsuit should never have been filed. However, the jud
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13:46
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Leopold's Situational Awareness Fund to Disclose Q3 Holdings on November 16, Up 439% YTD Before July Drawdown

Leopold's Situational Awareness fund will disclose its Q3 stock holdings on November 16. The fund posted a year-to-date return of 439% in the first half of 2026, betting primarily on Western Digital (SNDK) and Micron (MU) with approximately 4x leverage. However, the AI stock selloff in July led to a single-month portfolio decline of roughly 67%, after which the fund liquidated most of its public equity positions.
13:45
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Anthropic Breaks 25-Year NSA Elliptic Curve Mystery in Under 30 Minutes, P-256 Seed Traced to lrand48

According to CoinDesk, Anthropic's internal research model today identified the source of NSA's five elliptic curves provided to NIST in the late 1990s—long suspected of harboring backdoors—as outputs from the lrand48 random number generator combined with 1997 and 1998 timestamps. The model reproduced the widely-used P-256 curve sequence and matched the publicly disclosed seed exactly at the 1,842nd candidate value, significantly reducing the likelihood of a hidden backdoor. Anthropic noted that
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BTC-0.57%
13:43
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Global EV Sales Fall 2% to 2.15M Units in September, Ending Six-Month Growth Streak

According to Benchmark Mineral Intelligence, global electric vehicle sales fell 2% to 2.15 million units in September, ending a six-month consecutive growth streak. North America saw the sharpest decline, with sales plummeting 44% month-over-month—the largest single-month drop in 2026 so far. Meanwhile, Europe posted record-high EV deliveries in September at nearly 600,000 units, up 10% month-over-month.
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13:41
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Securitize Represents 10.7% of Tokenized Stock Market Cap

According to Token Terminal, as of today, October 17, Securitize represents 10.7% of the tokenized stock market cap. The platform specializes in blockchain-based compliance solutions for tokenized securities, facilitating direct on-chain ownership of shares. This marks a growing shift toward issuer-sponsored tokenized stocks, with the remaining 89.3% of the market still comprised of synthetic exposures.
13:41
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Indian IT Stocks Rally Up to 18% This Week, Best Performance in 18 Years as Nasdaq Drops 4.5%

According to Reuters, India's Nifty IT index surged 11.7% during the week ending October 16, marking its strongest weekly performance in 18 years. Major software exporters drove the rally, with Infosys, Tata Consultancy Services (TCS), and Tech Mahindra gaining between 13.4% and 18.2%, while Tech Mahindra posted quarterly revenue of approximately 16,180 crore Indian rupees with net profit of 1,610 crore rupees. The Nifty IT index significantly outperformed the broader Nifty 50, which advanced ju
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13:31
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STRK Plunges 13% to $0.0665; Top Whale Faces $1.019M Unrealized Loss, Another Liquidated on $21.36M Position

According to Odaily, STRK on Hyperliquid dropped 13% to $0.0665 tonight. The largest STRK bull address holds approximately 64.2 million STRK long positions worth $4.25 million on 5x full leverage, currently facing an unrealized loss of around $1.019 million with a return rate of approximately -96%. Another whale's 21.36 million STRK long position was liquidated this evening, resulting in a realized loss of $207,000. The address subsequently opened a new position of approximately 4.79 million STR
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13:21
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BlackRock's Ethereum ETF Records $223.9 Million in Outflows Over Three Days

According to Farside Investors, BlackRock's iShares Ethereum Trust (ETHA) recorded $223.9 million in net outflows between October 14-16, accounting for 86% of total three-day Ethereum ETF withdrawals of $259.5 million. ETHA reported $109.8 million in outflows on October 14, $44.4 million on October 15, and $69.7 million on October 16, amid broader institutional selling pressure as Ethereum struggled to hold above $2,400.
ETH-1.47%
13:12
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CoinLab Sees 55% Probability Bitcoin Trades $80,600-$82,900 Range on Oct 17 Amid $82.4M ETF Outflows

According to CoinLab, Bitcoin has a 55% modeled probability of trading between $80,600 and $82,900 by October 17's daily close, with the cryptocurrency trading around $81,615 when the forecast was published. The AI-assisted forecasting platform cites reduced weekend liquidity and elevated futures positioning as key drivers of its cautious near-term outlook. Bitcoin ETFs recorded $82.4 million in net outflows on October 16, according to Farside Investors data. BlackRock's IBIT accounted for $71.8
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BTC-0.57%
13:10
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Schwab Launches Tax-Aware Strategy as $607B in Margin Loans Surge

According to Schwab's Q3 earnings disclosure released Thursday, the firm revealed $607 billion in margin loans linked to tax-aware long-short strategies, up from a smaller base earlier. Total margin loan balances reached $187.9 billion, up 14% quarter-over-quarter. CEO Rick Wursts announced on the earnings call that Schwab will introduce its own version of the tax-aware multi-strategy offering.
13:07
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Fidelity Report: Solana Reduces Slot Time to 350ms, But Validator Concentration Risks Warrant Monitoring

According to Fidelity's Center for Applied Technology (FCAT), Solana has made significant progress in network resilience and performance, with no reported mainnet outages in two years. On August 21, Solana reduced its slot time to 350 milliseconds, the first such reduction since network inception, according to the Solana Foundation's VP of technology. However, the Fidelity report noted that stake and validator concentrations among a small number of operators could threaten ongoing resilience, wa
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SOL-1.37%
13:02
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Ripple and DriveWealth Integrate RLUSD Settlement Into 100+ Brokerage Network on XRP Ledger

According to Ripple's October 14 announcement, the company and DriveWealth are integrating RLUSD stablecoin into the brokerage infrastructure serving more than 100 financial partners globally. The integration will launch in Europe with planned expansion into the United States, enabling clients to fund and manage collateral accounts using RLUSD that can be converted to cash in near real time. The partnership also covers cross-border payments through Ripple Payments and digital asset custody infra
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XRP-2.85%
13:01
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SanDisk Falls 6.85% on Friday; Seven-Day Slide Erases 23% as CXMT DRAM Report Fuels Misconception

According to Nasdaq historical data, SanDisk shares closed at $1,299.30 on Friday 16 October 2026, down $95.53 or 6.85% from Thursday's $1,394.83. The decline extends a seven-day selloff that has wiped 23.23% from the 7 October close of $1,692.42. Market concern centers on a misreported technology development: CXMT president Cao Kanyu announced a denser DDR5 server DRAM module due year-end, not a NAND contract cut. According to Tom's Hardware and Motley Fool analyst Rich Smith, SanDisk manufactu
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13:01
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Arthur Hayes Reveals Altcoin Trading Strategy: Accumulating Bitcoin, Targeting Tokens Down 75-80%

According to BlockBeats, on October 17, Arthur Hayes stated his fund strategy is to use altcoin trading to accumulate more Bitcoin, rather than treating trading itself as the goal. In an interview with The Rollup, Hayes expressed disappointment with altcoin performance over recent years, citing overvalued projects and hidden risks. Hayes outlined four key criteria for altcoin selection: seeking tokens that have collapsed 75-80% from local highs, avoiding newly issued coins with high FDV and low
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BTC-0.57%
ETH-1.47%