Gate Crypto Flash News and Market Updates

According to Reuters, OpenAI is seeking approximately $30 billion in funding that could value the company at over $1.4 trillion ahead of rival Anthropic's expected mid-November initial public offering. SoftBank Group, Abu Dhabi-based MGX, and other existing backers are in talks to participate in the round. OpenAI aims to complete the fundraising before Anthropic's financial disclosures could invite closer comparisons between the two AI developers.

According to Zhi Tong Caijing APP, the Hang Seng Index fell 0.95% to 23,956 points in early morning trading today (October 20), with total market turnover reaching 102.1 billion Hong Kong dollars. The Hang Seng Tech Index declined 1.21%. PCB concept stocks bucked the market decline, rising sharply as the sector benefits from third-quarter guidance updates. Key movers included Shengfeng Technology (02476), up 7%; Kingboard Laminates (01888), up 4%; and Guanghe Technology (01989), up 2%.

According to Liquid247.xyz, Bitcoin is currently trading at $82,144. Binance spot BTC order book shows the thickest buy-side liquidity among major exchanges: bid orders total $12.53 million against ask orders of $8.08 million, resulting in a $4.45 million bid-ask imbalance.

According to ChainCatcher, citing Coinglass data, if Bitcoin breaks through $86,189, cumulative short liquidations across major centralized exchanges would reach $1.809 billion. Conversely, if BTC falls below $78,019, cumulative long liquidations would reach $1.142 billion.

According to SoSoValue, yesterday (October 19), Bitcoin spot ETFs recorded net inflows of $527 million. Blackrock's IBIT led with $665 million in single-day inflows, bringing its cumulative net inflows to $66.23 billion. Fidelity's FBTC experienced the largest outflows at $83.63 million on the day.

According to SoSoValue data, Ethereum spot ETF saw net outflows of $103 million yesterday (Oct 19), marking the fourth consecutive day of outflows. BlackRock's ETHA experienced the largest single-day outflow at $95.4 million, though it has accumulated $12.4 billion in net inflows since inception. Total assets under management across Ethereum spot ETFs reached $14.8 billion, representing 5.04% of Ethereum's total market capitalization.

According to Ethereum Foundation, the Glamsterdam upgrade will activate on the Hoodi testnet on October 26, 2026 at 17:42 UTC. The upgrade raises the block gas limit to 200 million, aligning with the Sepolia testnet. It introduces enshrined proposer-builder separation and block-level access lists to facilitate parallel transaction validation and enhance Layer 1 throughput.

According to FNNews, South Korea's JB Financial Group announced an investment in artificial intelligence company Upstage through its subsidiaries Jeonju Bank, Gwangju Bank, and JB Woori Capital. The three institutions invested 400 billion won in Upstage's C-2 funding round and acquired approximately 2% equity stake.

According to Cloudflare, the company expanded its AI workspace Cloudflare OS on October 20, adding 8 new integrations including Asana, Box, Canva, ClickHouse, GitHub, Gong, Notion, and ZoomInfo to help enterprises connect internal systems. The integrations allow administrators to manage data access while using Cloudflare's AI Gateway to control AI model usage across existing workflows.

According to JPMorgan Chase Asset Management, Bitcoin is projected to deliver a 10% annualized compound return over the next 10 years, outperforming U.S. large-cap equities (7.5%) and gold (5.5%), making it the best-performing asset class in the bank's 2027 long-term capital market assumptions. The report estimates Bitcoin's annualized arithmetic return at 20.9% with an annualized volatility of 55%, significantly higher than U.S. stocks at 18% volatility and gold at 17.2%, reflecting the asset's

According to Grayscale research data shared by Frank Chaparro on X, Bitcoin's annualized volatility over the past year has fallen to 43% as of October 6, 2026. This marks a significant decline from its 10-year average of 64% and 81% from five years ago. As of the same date, Bitcoin's volatility now sits below approximately 19% of S&P 500 component stocks.

According to Goldman Sachs on Monday, October 20, northwest Europe's natural gas inventory levels may remain low this winter unless Middle Eastern liquefied natural gas (LNG) supplies increase. Despite rising Norwegian gas output, inventory levels in the region have climbed to 63%, up from 62% a week earlier, supported by recovering exports from Norway to pre-2022 highs. Goldman Sachs estimates a geopolitical risk premium of 18 euros per megawatt-hour in European gas prices, reflecting uncertain

According to Jin10, on October 20, Japan's 20-year bond auction recorded historic demand driven by higher yields, with a bid-to-cover ratio of 5.84, well above the previous auction's 4.01 and the 12-month average of 3.73. The tail spread, measuring the difference between the average accepted price and the lowest accepted price, narrowed to 0.07 from 0.15 in the previous month, signaling strong investor participation. The 20-year bond yield has approached levels not seen in three decades, while t

According to ChainCatcher, a consortium including Matera, Payfinia, Solana Foundation, and other institutions demonstrated the ANSI X9.150 QR payment standard at Money20/20 USA in Las Vegas in July 2026. The standard, approved by the X9 committee in July, enables a single QR code on invoices to process payments via FedNow, RTP, ACH credit transfers, Zelle, or USDC on Solana, with invoices automatically marked as paid within seconds. Matera North America co-founder and CEO Carlos Netto stated the

According to QuestMobile, in September 2026, Doupo achieved 419 million monthly active users, significantly leading China's AI-native app market. Qwen ranked second with 158 million MAU, followed by DeepSeek with 123 million MAU. Qwen posted the highest year-over-year growth at 5,076%, while Doupo grew 143.6% and maintained a 9.6% quarter-over-quarter increase. DeepSeek and Xiaoyuan AI declined 15.2% and 5.8% respectively.

According to France's Financial Markets Authority (AMF), the regulator identified 25 unauthorized websites offering crypto assets or services in Q3 2026, including alphaairobot.com, aureoncorevix.net, and bitgrokapp.com, among others. Year-to-date, AMF has added 64 names to its blacklist. The agency noted the list is updated frequently but remains incomplete as new unauthorized entities continuously emerge. The public can consult the full blacklist via AMF's official website and the ABEIS platfo

According to Bloomberg, the Trump administration has prohibited U.S. civilian government agencies from using products or services from Chinese AI startup DeepSeek, citing national security concerns over the company's operations in China.

According to Jin10, India's central bank tightened scrutiny on overseas direct investments last week by distributing a standardized checklist to banks, aiming to curb capital outflows as the rupee weakens. The Reserve Bank of India (RBI) requested banks to provide detailed information on investments exceeding $1 billion and transactions surpassing four times the investing company's net assets—the regulatory ceiling. The rupee has depreciated over 5% this year amid strong dollar demand and capita

According to NEAR Protocol, the blockchain platform's hackathon will run from November 1 to November 15 (Beijing time 8:00 to 7:59), with judging from November 16–18 and results announced by November 19. The event features a $250,000 prize pool (awarded in NEAR) and focuses on building intelligent agents, autonomous payments, and cross-chain value transfer applications using NEAR Intents, NEAR AI Cloud, and Chain Signatures. Participants may compete individually or in teams and must submit open-

According to ChainCatcher, citing Arkham, Morgan Stanley's SOL product MSOL saw net inflows of $1.8 million over the past 20 days with zero outflow days. In contrast, Fidelity's FSOL sold $1.8 million worth of SOL on October 19. SOL is currently trading at $105.