Gate Crypto Flash News and Market Updates

According to Reuters and Bloomberg, Chinese AI startup DeepSeek has completed a Series B funding round of approximately 100 billion yuan (about 15 billion dollars) as of October 2026, marking one of China's largest AI financing deals. Leading investors include battery maker CATL and tech giant Tencent, with over 15 institutional investors participating, including Meitu, Geely, Midea, NetEase, and others. The company's pre-funding valuation was approximately 74 billion dollars. The funding round

During its first day, Arbitrum and Robinhood Chain's Founder House Singapore event attracted over 125 founders representing 76 projects. The gathering featured industry participants including Offchain, Pendle Finance, and QuickNode, focusing on blockchain innovation, tokenization, and decentralized finance applications.

According to Michael Waltz, U.S. ambassador to the UN, in an interview published in the Financial Times on October 23, the U.S. is prepared for a prolonged standoff with Iran. Waltz stated that a year from now, the two sides could still be in stalemate with no agreement reached on Iran's nuclear program, and shipping in the Strait of Hormuz may not return to pre-conflict levels. The U.S. has the capability to maintain its blockade of Iranian ports in the foreseeable future.

According to Farside data, U.S. spot Bitcoin ETF experienced net outflows of $137.9 million yesterday (October 23), marking the second consecutive trading day of significant outflows. U.S. spot Ethereum ETF recorded net inflows of $4.4 million during the same period.

According to ChainCatcher, citing data from monitoring platform Liquid247.xyz, a large buy order totaling 105.41 BTC (approximately $8.54 million) was placed on Binance perpetual BTC at $81,000, roughly 0.01% below the mid-price of $81,005.

According to SEC filings, Robinhood director Bhatt Baiju sold 50,912 shares on October 21 at an average price of $101.4 per share, raising approximately $5.16 million. Following the transaction, his direct shareholding decreased to 4,636 shares, representing a 92% reduction in his stake.

Ripple is hosting its annual Swell event this October in New York City, marking the company's tenth-year milestone. The gathering will bring together 1,500 attendees and over 75 speakers to discuss blockchain technology and digital finance advancements.

According to spokesman Turki al-Malik, the Saudi-led coalition intercepted and destroyed a ballistic missile fired by Yemen's Houthi group toward Riyadh on October 24, according to the coalition's statement.

According to a U.S. official, the United States ordered the evacuation of diplomatic personnel from multiple Middle Eastern embassies on October 24, citing heightened threats from Iran and Houthi forces. The State Department previously indicated that only some personnel stationed in Saudi Arabia were ordered to depart due to rising risks from Houthi attacks, while characterizing broader evacuation reports as inaccurate. The official stated Friday evening that the combined threats from Iran and H

According to Jin10, domestic gold jewelry prices continued their downward trend today (Oct 24). Most brands' 999 fine gold jewelry dropped approximately 6 yuan per gram compared to yesterday, with prices clustering around 1,202 yuan per gram. Zhousixifu's fine gold jewelry fell below 1,200 yuan per gram, trading at 1,197 yuan per gram.

According to @financenewsint, Fireblocks recently announced an expansion of its collaboration with Euronet to introduce stablecoin-funded payment cards. The partnership aims to provide banks and fintech companies with new payment solutions powered by stablecoins, reflecting growing institutional interest in integrating digital currency infrastructure into mainstream financial services.

According to Grayscale, Zcash mining rewards recently exceeded Bitcoin's by a substantial margin, with mining rigs generating approximately double the daily rewards and four times the revenue per megawatt-hour. The heightened profitability has driven increased mining activity, with Zcash mining operations rising more than 2.5 times this year, according to commentary from @WuBlockchain. The uptick in miners joining the network enhances security and supports Zcash's market position.

According to Algorand, VersaBank, a Canadian bank, is piloting its Real Bank Tokenized Deposits (RBTDs) on the Algorand blockchain, aimed at facilitating a commercial launch and clarifying Canada's regulatory framework for tokenized deposits. The pilot leverages Algorand's scalable blockchain infrastructure to enhance security and efficiency in banking transactions.

According to Guru Club, Brent crude oil broke through $111 in off-market trading on October 24, with intraday gains exceeding 2.1%.

According to Guru Club, SPDR Gold Trust, the world's largest gold ETF, saw holdings decrease by 3.991 tons on October 24, bringing total holdings to 1,041.653 tons.

According to S&P Global Ratings on October 24, data centers face potential credit rating downgrades due to construction halts and project cancellations triggered by U.S. public opposition. Analyst Chris Munz and others noted in a Friday report that grid capacity constraints, environmental sustainability disputes, and zoning policy changes are driving project delays and heightened credit risks. The report tracked 146 delayed or canceled U.S. data center projects, with approximately 75% linked to

On October 23 evening, incumbent Brazilian President Luiz Inacio Lula da Silva of the Workers Party and Flavio Bolsonaro of the Liberal Party held a public debate on Globo TV. This was the final televised debate between the two candidates ahead of the second round of the 2026 Brazilian presidential election.

QUICK surged 10.12% in just five minutes today, reaching a current price of $0.00533. The token climbed 15.12% over the past hour with a 24-hour trading volume of $170,762.44. The coin's 24-hour percentage change stands at 9%, with today's low at $0.00455 and high at $0.00533.

According to ChainCatcher, S&P Dow Jones Indices adjusted its stock classification rules for growth and value stocks, incorporating intangible assets, earnings expectations, and free cash flow into the assessment criteria. The new rules will take effect on December 21 at market open, potentially requiring passive funds tracking the affected indices to rebalance their holdings. At least $375 billion in passive fund assets are linked to the impacted indices.

According to Bloomberg citing Dune Analytics, Kalshi and Polymarket's crypto-related contract trades reached $2.7 billion in nominal volume last week, marking an all-time high. Bitcoin short-term price movement contracts were the most active, with cryptocurrency now the second-largest trading category on both platforms after sports.