Gate Crypto Flash News and Market Updates

According to ChainCatcher, citing an interview with The Block at Digital Asset Summit 2026 Asia, Bitwise's spot Dogecoin ETF (BWOW) will cease trading after October 14, less than one year after its November 2025 launch on the NYSE. As of October 7, the fund held approximately $725.9 thousand in assets under management, with trading volumes of just $51.5 thousand in September, according to SoSoValue data. Bitwise CEO Hunter Horsley described the closure as "tragic," highlighting a divergence betw

According to sources familiar with the matter, Oracle has been transporting natural gas by truck to data center sites across the U.S. to address power supply delays. The strategy enabled a data center facility in suburban Salt Lake City to continue operations for over one year while awaiting pipeline infrastructure construction and equipment connection. Oracle is also employing the same approach at a facility in Shackelford County, Texas, being developed for OpenAI to support the project's initi

According to blockchain analytics firm Arkham, the U.S. government moved 12,267 BTC, worth about $1.01 billion, from seized Bitfinex hack funds to a new, unlabeled address on Thursday at 9:33 a.m. ET. The transfer does not confirm a sale; the coins moved between government-linked wallets. President Trump's March 2025 executive order directed forfeited Bitcoin into a Strategic Bitcoin Reserve that won't be sold. The government still holds approximately 306,795 BTC, worth roughly $24.85 billion.

According to Andrew Bailey's speech on Oct 8 at the Istanbul Economic Forum, the Bank of England governor warned that leveraged investors' expanding role in financial markets has created new vulnerabilities. Bailey noted that while increased leverage has raised markets' capacity to absorb additional government debt supply, it has simultaneously heightened fragility, as leveraged positions can rapidly unwind through margin calls, repricing, and forced liquidations. Bailey further cautioned that t

According to the International Monetary Fund on Thursday, the IMF released an analysis warning that while tokenization could make financial markets more efficient, legal uncertainty and financial stability risks could hinder wider adoption. Tokenized repos dominate trading with daily volumes of $300 billion to $350 billion, compared with roughly $13 trillion in the broader US repo market. Tokenized real-world assets reached approximately $65 billion in outstanding value as of July, with tokenize

According to TASS, Russia's major exporters' net foreign exchange sales fell to $2.1 billion in September, down from higher levels in previous months.

According to the Russian Central Bank, spot foreign exchange trading volume in September reached 19.7 trillion rubles (approximately $231 billion), marking the highest level since May 2024.

Russian non-financial enterprises' net foreign exchange sales rose to $23.7 billion in September, up 26.1% month-on-month, according to the Central Bank of Russia. The increase was primarily driven by rising oil prices.

Nasdaq Ventures has made a strategic investment in European derivatives venue One Trading today (October 8), backing the exchange operator's expansion into continuous equity futures trading. The companies did not disclose the investment size or terms. The deal aims to combine Nasdaq's market infrastructure and client relationships with One Trading's low-latency trading and risk technology. One Trading offers leveraged futures linked to companies including Nvidia, Tesla, Amazon, Alphabet, Microso

According to @GMXIO, GMX DAO completed a weekly buyback of 9,175 GMX tokens for approximately $75,000 at an average price of $8.17 per token. Since March 2026, the DAO has reacquired a total of 498,831 tokens worth approximately $3.24 million, with a blended average purchase price of around $6.50 per token.

During the Sibos conference, banking leaders gathered to discuss the future of tokenization and stablecoins. According to recent data, approximately $340 billion is held in stablecoins and tokenized assets, underscoring the pressing need for traditional financial institutions to innovate in blockchain solutions as the on-chain finance landscape evolves.

According to Delphi Digital, Lighter's October open interest reached an all-time high for 2026, with core trading activity up approximately 50% since August. The partnership with Robinhood accounts for approximately 25% of Lighter's open interest and fee revenue, while Robinhood traders represent nearly 40% of Lighter's daily active accounts.

According to Foresight News, Crossmint announced the launch of Agent Commerce Toolkit, enabling AI agents to complete payments and checkout at online stores using any bank card through a single integration. The toolkit integrates card storage, Visa Intelligent Commerce, Mastercard Agent Pay, and merchant checkout functionality, with the ability to select checkout paths such as Shop Pay, UCP, or browser automation based on availability, reliability, and cost. The product is now available for self

European Central Bank President Christine Lagarde told the Eurogroup recently that the ECB is closely monitoring market developments. The central bank has tools at its disposal to manage unguaranteed market dynamics and maintain financial stability.

According to Yicai, spot gold plunged below $4,100 per ounce this evening (October 8), marking its lowest level since August 5 with a daily decline of 2.26%. Spot silver fell through $60 per ounce, down 3.50%. In the cryptocurrency market, Bitcoin dropped over 3% to $83,511, Ethereum fell nearly 5%, and Solana declined nearly 3%. Coinglass data showed that over 110,000 traders were liquidated across the crypto market in the past 24 hours.

According to Tom's Hardware reporting on Wolfspeed's official press release from Oct. 7, the U.S. Department of War (DoW) has issued a conditional 30-year, $1.5 billion loan commitment to Wolfspeed Inc. to support domestic semiconductor manufacturing. The financing will be used to upgrade gallium nitride (GaN) and silicon carbide (SiC) capabilities and develop radiation-hardened products for national security applications, including defense communications and electronic warfare systems. Under th

Gate News message, in the third quarter, the top 10 assets accounted for 68% of perpetual decentralized exchange trading volume. These assets generated $1.16 trillion out of the total $1.7 trillion trading volume. $BTC and $ETH alone represented nearly half of this volume. Among the top 10 assets, five were traditional assets, which contributed $148.9 billion, representing 12.9% of the combined volume of the top ten.

According to @GMXIO, GMX Dollar Vault received $5.65 million in deposits since its launch on October 5, 2026, representing nearly 20% of all USDG on Arbitrum. The vault offers an 8% yield boost for early depositors during the first eight weeks, incentivizing participation in the USDG ecosystem.

According to Gate data, WTI crude futures dropped sharply on October 8, with prices paring gains to 2.9% and trading at $90.9 per barrel. The contract had earlier surged more than 5% intraday.

According to White House announcement reported by PANews on October 9, the Trump administration announced a science initiative exceeding $6 billion, with funding from federal government, enterprises, academia, and charitable organizations. Tech companies including Nvidia, AMD, OpenAI, Anthropic, Google, AWS, and Micron committed a combined $2.4 billion in artificial intelligence computing tools and capacity to the Genesis Mission coalition. Nvidia pledged $1 billion, AMD $500 million, OpenAI $20