Gate Crypto Flash News and Market Updates

According to Puyun, Li Auto officially launched the 2026 Li 6 sedan on Oct 28 with a unified retail price of 249,800 yuan (approximately $34,500) and a launch promotional price of 239,800 yuan. Pre-orders and deliveries opened the same day. Li Auto's Chairman and CEO Li Xiang stated the company

Spot palladium declined more than 2% intraday on October 28, currently trading at $1,012.96 per ounce.

The Abu Dhabi Global Market (ADGM) recently released new guidance officially recognizing cryptocurrency mining as a licensable commercial activity. The framework applies to various consensus mechanisms, including Proof-of-Work and Proof-of-Stake, and aims to provide regulatory clarity and support

At the Meridian 2026 event, Movantis announced its integration with the Stellar network to streamline cross-border payment flows from the U.S. to El Salvador, according to the StellarOrg. The partnership aims to accelerate digital settlement processes and enhance transaction efficiency in a key remittance corridor.

According to the Central Bank of Sri Lanka (CBSL), the authority issued a warning against pyramid schemes earlier today, marking them as punishable offenses. The alert addresses the rising prevalence of such scams in the crypto sector. CBSL emphasized the importance of investor protection and

According to Fidelity's official announcement, Fidelity's Ethereum Fund (FETH) now supports staking, enabling investors to earn rewards through the mechanism. The strategic move reflects Fidelity's commitment to enhancing its investment offerings in the cryptocurrency

According to The Block, U.S. midterm elections next week could shift crypto policy from legislative advancement to stricter regulation. Kalshi data shows Democrats are projected to win Senate and House seats with probabilities of 64% and 90%, respectively. If Democrats gain control of Congress,

According to Eli Lilly, its investigational retatrutide demonstrated superior blood glucose control and approximately twice the weight loss compared to Novo Nordisk's Ozempic in a diabetes study. The company said the data reinforces retatrutide's competitive advantage in the growing weight loss

According to Citi Research, the firm reaffirmed a 'buy' rating on SK Hynix on October 28, raising the fourth-quarter 2026 operating profit forecast from 89.8 trillion won to 107 trillion won.
Citi also lifted full-year operating profit forecasts for 2026

According to Odaily, Strategy (MSTR) shareholders approved a daily dividend proposal with 99.3% of votes in favor. Following the approval, four classes of preferred shares—SSTRF, STRC, STRK, and STRD—will transition from periodic dividend payments to daily accumulated dividends per calendar

According to Bloomberg, Pacific Investment Management Company (Pimco) reduced its holdings of Meta data center debt by approximately 50%, selling around $3 billion of Meta-related bonds six to eight months after initial purchase at prices above face value, securing profits ahead of AI debt market de

According to ChainCatcher, on October 28, the U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) announced sanctions against 10 individuals and one entity involved in North Korean IT worker fraud and cryptocurrency money laundering schemes.
Sanctioned Russian national Ilya

According to Schroders chief economist David Risch, the UK budget provides limited relief for households facing cost-of-living pressures but insufficient to alter the economic outlook. With resilient economic growth and persistent inflation, Risch stated the Bank of England is likely to raise

According to Russian presidential aide Ushakov, on Oct 28, Russia will not invite European nations to participate in Ukraine peace negotiations. Ushakov stated that the dates for the tripartite Russia-U.S.-Ukraine talks will be announced shortly, though he did not confirm reports that negotiations are scheduled for Nov 10.

According to the EIA report, U.S. Midwest gasoline inventories fell to historic lows last week.

Euronext suspended CoinShares' Zcash exchange-traded product (ZCSH, ISIN GB00BNRRG954) on October 28, preventing the security from beginning trading on Euronext Paris because post-trade settlement infrastructure was not yet able to support standard clearance operations. The suspension will remain in

Strike announced a global decline in bitcoin-backed loan rates, according to a statement amplified by CEO Jack Mallers. The platform had already lowered rates in the U.S. over the past six months. Lower rates are expected to attract increased borrowing activity among users seeking bitcoin-backed loa

According to Citi analyst Francesco Martoccia, crude oil futures climbed on October 28 as market concerns over Middle East escalation risks overshadowed diplomatic efforts in the region. Israel's post-election political deadlock has heightened uncertainty at a particularly sensitive moment in U.S.-I

According to Securitize, the company added Stellar blockchain support today, making it the fourth network available for issuing and managing tokenized equity and debt. The announcement was made at Meridian 2026, the Stellar Development Foundation's annual conference in Lisbon, Portugal. Stellar

According to Citi Research, crude oil prices rose on October 28 amid escalating Middle East tensions and concerns over Israel-Iran relations following the Israeli election. Citi analyst Francesco Martoccia noted that the post-election political deadlock heightens uncertainty and increases the risk o