Gate Crypto Flash News and Market Updates

According to Yonhapinfomax, Samsung Asset Management this week launched a new active exchange-traded fund (ETF) tracking the Dow Jones U.S. Dividend 100 index, positioning itself as a Korean alternative to the popular SCHD product. The new KODEX US Dividend Dow Jones Active ETF fills a market gap created when TimePortfolio Asset Management's competing TIME US Dividend Dow Jones Active product was delisted on August 19 due to correlation coefficient requirements not being met. Samsung's existing

On Oct. 16, President Trump issued an executive order waiving Russia-related sanctions and tariffs authorized under the recently enacted Graham Act, signed into law on Sept. 18. The waiver comes roughly a week after an administration diesel deal with Russia. The Graham Act allows the president to waive sanctions if he certifies the action serves U.S. national interest. Trump's order establishes a framework with potential for steep tariffs: a 500% duty on Russian goods and up to 100% additional t

According to Barron's, U.S. Treasury yields plunged from 5.33% to 5.055% over the past three days as technology stocks and AI-related investments faced significant selling pressure. The Philadelphia Semiconductor Index extended its losing streak to eight consecutive trading days, marking its longest decline since 2008 and deepening its bear market status. The "Magnificent Seven" tech stocks fell 2.1% over the past two days, while the Nasdaq Composite dropped 2.4% this week. Market participants i

According to the UK Maritime Trade Operations Office, a tanker was struck by an unidentified projectile on Friday in waters northeast of Jubail, Saudi Arabia. All crew members were safe and have been evacuated.

According to the governor of Ukraine's Kherson region, Russian airstrikes targeted the city on October 17, killing 1 person and wounding 19 others.

According to Guru Club, 17-year-old tech prodigy Chen Guangyu announced his departure from Kimi team on October 15. The Shenzhen high school student stated, 'The past year working at Kimi has been the most wonderful time of my life. I am grateful to have worked with such excellent and supportive colleagues and learned so much.' Chen first gained attention in March when he co-authored a technical paper titled 'Attention Residuals' published by Kimi, alongside key Kimi figure Su Jianlin. The paper

According to reports on October 17, India ordered state-owned fuel retailers to halt purchases of ethanol produced from sugarcane and sugar derivatives, effective from the new supply year beginning November 1. Five major state refiners—Indian Oil Corporation, Bharath Petroleum, Hindustan Petroleum, Numaligarh Refinery, and Mangalore Refinery and Petrochemicals—issued a joint tender to procure approximately 11 billion liters of ethanol for the new supply year, excluding ethanol produced from suga

According to the People's Bank of China, Governor Pan Gongsheng met with central bank leaders from Thailand, Indonesia, Malaysia, India, Australia, Turkey, Egypt, Nigeria, and Georgia during October 14–16 while attending the International Monetary Fund and World Bank annual meeting. The officials exchanged views on global economic conditions and deepening bilateral financial cooperation.

QUICK's price surged 11.81% within the last 60 minutes, climbing to $0.00729 amid heightened trading activity. The 24-hour trading volume reached $704,239.89, with the asset bouncing from a low of $0.00608.

According to PANews, CZ today responded to reports of deleting old crypto-related retweets by saying he was testing an AI tool and cleaning up old posts. CZ emphasized that he did not delete any original content and urged the public not to over-interpret the matter.

According to Sky News, Ukrainian President Zelensky remained silent for over ten seconds when asked on October 16 during a Brussels press conference whether U.S. President Trump was using him as a scapegoat. He then smiled meaningfully and indicated the silence itself was his answer.

According to Liquid247.xyz, Bitcoin is trading at $81,522. Current Binance perpetual futures buy orders total $39.17 million, exceeding sell orders of $37.48 million by $1.69 million. Binance spot market also shows thicker buy orders than sells, though at a smaller scale compared to perpetuals.

According to Digital Asset, South Korea's five major cryptocurrency exchanges recorded combined weekly trading volume of approximately 16.4 trillion won for the week ending October 16, down 9.23% (about 1.7 trillion won) from the previous week. Upbit maintained the largest market share at 55.77%, though it declined 5.106 percentage points week-over-week. Bithumb's share rose to 32.98%, gaining 5.4 percentage points, while Coinone held the third position with 7.84%, down 0.389 percentage points.

According to Wall Street analyst Larry McDonald, many major U.S. stocks have plummeted 30-50% from recent highs this year despite the S&P 500 reaching record levels. McDonald, author of The Bear Traps Report, said numerous companies including Harley-Davidson (down 30-40%), Lennar (down 45%), and Nike (down roughly 50% from 52-week highs) have experienced severe declines. He attributes this disconnect to passive investing through ETFs and index funds, which concentrate inflows into mega-cap techn

According to Odaily, Ethereum co-founder Vitalik Buterin shared on X platform that Bitcoin mining costs are roughly divided equally between computational hardware capital expenditure and electricity costs, each accounting for approximately 50%. In contrast, AI inference costs are almost entirely driven by computational hardware capital expenditure.

According to Odaily, Bulgarian bank Postbank plans to launch stock, ETF, crypto asset, commodity and metal investment features in its mobile banking app in early 2027. The service will be provided through a partnership with an international investment platform. As of June, Postbank was Bulgaria's fourth-largest bank by assets, according to data from the Central Bank of Bulgaria.

According to Bitget's official data, the sixth batch of rewards under the platform's 'Peer Plan' has been distributed, with a cumulative payout of 6,182,523 USDT to 4,515,913 recipients. The campaign will continue until October 26.

According to PancakeSwap, bStocks aims to achieve $1 billion in asset management within four months through its tokenization efforts. The Binance-backed platform has already demonstrated strong momentum, generating $1.8 billion in trading volume within its first 24 days of launch, signaling robust user engagement and growing interest in tokenized assets.

According to BlockBeats, on October 17, the S&P 500 is experiencing significant market divergence driven by tightening financial conditions as U.S. Treasury yields, the dollar, and oil prices rise. The median stock in the S&P 500 has fallen approximately 15% from its 52-week high, marking one of the worst performances since the dot-com bubble burst, while the equal-weighted index has lagged the capitalization-weighted index by about 6% over the past six months. Morgan Stanley's Chief Equity Stra

According to NVIDIA, on October 16, RTX Spark-equipped laptops from Lenovo, Microsoft, and other manufacturers began global sales, paired with the release of the Nemotron 3.5 Bolt model. The 74-billion-parameter model's weights have been compressed from approximately 148GB to 22.1GB—an 85% reduction—enabling local deployment on devices with up to 128GB unified memory. Bolt achieves approximately 84 tokens per second on Surface Laptop Ultra's 128GB RTX Spark configuration and scored 50.98% on Ter