Gate Crypto Flash News and Market Updates

According to official announcement, South Korean exchange Bithumb will list AXIS token on its KRW market, with trading opening at 12:00 local time on October 24.

According to MarketWatch, analysts believe Nvidia (NVDA-US) could serve as a defensive option for investors seeking to maintain exposure to artificial intelligence while reducing risk as Wall Street reassesses the sustainability of massive AI spending and related debt risks. Nvidia's stock has gained approximately 14% year-to-date, outperforming only slightly the S&P 500 index. The company's dominant market position, product pipeline from Blackwell to Rubin platform, and relatively attractive va

According to Axios, a U.S. intelligence memo warns that Iran's plot to assassinate American officials overseas has entered an advanced stage. The warning comes as part of ongoing security assessments regarding potential threats to U.S. diplomatic personnel and government representatives abroad.

According to IRS Criminal Investigation chief Jarod Koopman, reported by Forbes, the U.S. Internal Revenue Service (IRS) plans to launch its reformed voluntary disclosure program (VDP) by the end of November. The agency aims to reduce case processing time to a maximum of 120 days after taxpayers submit complete materials, lower penalties under the current system, and consider allowing installment payment arrangements. Koopman clarified that the IRS will not establish a separate voluntary disclos

According to CNBC, this week's AI infrastructure investment faced significant turbulence. South Korea's SK Hynix subsidiary Solidigm withdrew its IPO plans, while Meta reported free cash flow turning negative. New cloud providers (Neocloud) saw stock prices plunge and credit default swap spreads surge. The selloff extended to data center equipment suppliers, with Bloom Energy and Comfort Systems posting earnings beats yet facing substantial stock declines.

According to the U.S. Department of Justice, a Chinese citizen was extradited from the Netherlands and made an initial court appearance on charges of participating in an international cryptocurrency investment fraud scheme. The operation, run from Cambodia, defrauded 174 identified U.S. citizens out of millions of dollars. The defendant has been ordered detained, with formal arraignment scheduled for November 30 at the U.S. District Court in downtown Los Angeles.

According to iShares Silver Trust data, the fund's silver holdings increased by 14.04 metric tons to 15,499.73 tons on October 23.

According to monitoring platform Liquid247.xyz, Coinbase currently has 106.39 BTC listed for sale at $83,000 per unit, representing approximately $8.83 million and trading 2.38% above the spot price of $81,070. Total near-term sell orders on the exchange amount to $33.09 million, while buy orders total $26.08 million, leaving a net sell-side surplus of $7.013 million or 11.85% of total order book depth.

According to China Central Television (CCTV), Mount Semeru in East Java erupted at 6:34 a.m. on October 24, ejecting an ash column approximately 1,000 meters high that lasted about 124 seconds. The Indonesian Center for Volcanology and Geological Hazard Mitigation advised the public to avoid a 5-kilometer radius around the volcano's crater and prohibited all activities along river valleys 13 kilometers southeast of the crater. Authorities warned of potential secondary hazards including pyroclast

According to CCTV Finance, Nvidia CEO Jensen Huang stated on Oct 22 during the Nvidia GPU Technology Conference in Berlin that he is open to cooperating with Chinese memory chipmakers. He noted that China companies collaborate with almost every country in the supply chain, adding that "China excels in foundational infrastructure technology, and no country is stronger than China in manufacturing."

SpaceX achieved $14.6 billion in third-quarter 2026 revenue, up 161% year-over-year and exceeding Wall Street expectations by over $2 billion, while posting its first positive operating profit. The company's financial chief projected first-quarter 2027 revenue of $33-37 billion, with annualized recurring revenue expected to exceed $100 billion by December 2026. Simultaneously, independent directors from both SpaceX and Tesla confirmed they are evaluating a potential merger, which would combine S

According to Guru Club, intraday spot gold prices in Chinese yuan fell over 1% on October 24, trading at 856.887 yuan per gram.

According to Moody's, announced on October 23 (New York time), the international credit rating agency maintained France's sovereign credit rating at Aa3 while keeping the outlook at negative, leaving room for potential future downgrades. Moody's noted that weaker growth and higher deficits have raised France's debt burden above previous expectations, while the recent sharp rise in French government bond yields has increased risks to debt repayment capacity. The agency indicated downgrade risks i

According to Reuters, Boeing halted 777 freighter production in August due to disputes with component suppliers. The company's 767 production has also been interrupted due to a wing component dispute.

Tango Therapeutics announced today (October 23) at the 2026 ESMO Annual Meeting that daraxonrasib combined with investigational PRMT5 inhibitor vopimetostat demonstrated an 82% objective response rate (ORR) in pancreatic cancer patients with specific genetic alterations, with a 9-month progression-free survival rate of 88%. The drug previously showed a median overall survival (OS) of 13.2 months versus 6.7 months in the control group across advanced pancreatic cancer patients in the Phase 3 RASo

Windward Bio Group AG has filed for a U.S. initial public offering to fund clinical trials for monoclonal and bispecific antibodies targeting severe respiratory and inflammatory diseases. The company's lead candidate, a monoclonal antibody, is in late-stage trials for severe asthma and chronic obstructive pulmonary disease, while a bispecific antibody is in early-stage trials for inflammatory diseases. As of June 30, 2026, the company reported no revenue and a net loss of $42.6 million for the f

Eric Balchunas amplified a tweet from @APompliano announcing an ETF conference scheduled for November 3 in New York City. The event will feature industry leaders Jan van Eck and representatives from DivesTech as speakers.

According to the U.S. Department of Agriculture (USDA), this Friday the agency's National Agricultural Statistics Board corrected its September corn forecast due to a processing error. The revision came after the bureau's earlier report—which predicted higher-than-expected U.S. corn harvest volumes—triggered a sharp decline in corn futures and raised concerns among farmers already struggling with surging fuel and input costs. The error further intensifies mounting doubts among farmers and analys

According to OpenAI, on October 24, the company discovered a remote code execution vulnerability in the widely-used Brotli compression library during red team testing. The flaw requires no authentication and affects software including Node.js, Bun, and Envoy that have the library built in. The vulnerability, tracked as CVE-2026-111497, was fixed in Brotli's source code in February but was not identified as a security issue at the time. Node.js released a patched version on October 21. All softwa

According to Yonhapinfomax, the Korean won weakened to 1,326.20 per US dollar on October 24, up 1.60 won from the previous Seoul session close of 1,324.60 won, as Middle East military tensions and comments from a US official suggesting a potential strike on Iran drove global risk-off sentiment and boosted the dollar. Brent crude oil (December futures) surged 3.14% to $116.72 per barrel, reaching its highest level since April 29, while the US dollar index rose to 101.734. The dollar-yen rate stoo