Gate Crypto Flash News and Market Updates

According to Stellar's official announcement, the blockchain platform partnered recently with U.S. Bank to discuss a stablecoin pilot initiative. Jamie Walker, Head of Digital Assets at U.S. Bank, and Denelle Dixon of Stellar led discussions on the bank's stablecoin pilot, emphasizing blockchain adoption in institutional finance. The collaboration aims to unlock new capabilities in digital finance and reflects growing institutional interest in blockchain technology for payment systems.

According to Binance, the exchange announced that bStocks collateral valuation will operate around the clock, supporting dynamic updates to the collateral index price. The move aims to enhance trading efficiency for users by providing more accurate and timely pricing information.

According to Chainlink's October 21 quarterly report, over $15 billion in token value migrated to the company's Cross-Chain Interoperability Protocol (CCIP) during 2026, while LINK traded near $12.24 on October 22. The cryptocurrency retreated from an October high near $15.70, representing a decline of roughly 22% despite institutional adoption expansion. Chainlink's CCIP now secures over $85 billion in cross-chain token value. BitGo alone migrated $7.7 billion in Wrapped Bitcoin infrastructure

According to Chile's Finance Minister Jorge Quiroz speaking at the Enagro 2026 agricultural conference on Wednesday, the country's mining output is now projected to contract 8%-9% this year, down from his previous estimate of around 7%. The revised downward forecast underscores deepening challenges in the world's largest copper-producing nation.

According to Yonhapinfomax, on October 22, the USD/JPY exchange rate plunged 1.034 yen (0.654%) to 157.168 yen as global risk-aversion sentiment strengthened, marking the largest single-day decline in approximately one month. The yen, typically classified as a safe-haven asset, surged alongside the dollar index, which rose 0.153 points (0.15%) to 101.848. The sharp decline was driven by Meta's decision to raise AI infrastructure investment outlooks despite negative free cash flow, cooling risk a

According to FinanceFeeds, SoFi Technologies launched SoFi Earn (SOFIE), an interest-bearing tokenized deposit offering 4.40% annual percentage yield and federal deposit insurance, on October 22. Each SOFIE unit corresponds to $1 in deposits and can be converted at a 1:1 ratio into SoFiUSD, the bank's dollar-pegged stablecoin. SOFIE qualifies for FDIC protection up to $250,000 per depositor, while SoFiUSD is an uninsured digital asset for cryptocurrency transactions and blockchain transfers. The

According to DefiLlama, weekly DeFi revenue surged to over $300 million from approximately $80 million over the past four years. Excluding stablecoin issuers, revenue grew from under $10 million to over $120 million during the same period.

JupiterExchange has launched Revolut on-ramping on its mobile platform, allowing users to purchase cryptocurrency using Revolut Pay. The integration simplifies entry into the cryptocurrency market by enabling seamless transactions directly through the Jupiter Mobile app, streamlining the process for new and existing users seeking to engage with digital assets.

According to CoinDesk, Fireblocks denied reports on October 22 that Visa was in late-stage negotiations to acquire the cryptocurrency custody and infrastructure provider for approximately $2.5 billion. "We are aware of the rumors about a possible acquisition of Fireblocks by Visa. This is news to us, and not true at present time," a Fireblocks spokesperson told CoinDesk. Axios had reported the acquisition talks citing multiple unnamed sources, while Visa declined to comment on the matter. Separa

On Oct. 19, Elon Musk pledged to give one SpaceX share to every child in America next year, according to his X post. The gift is valued at approximately $146 per child based on SpaceX's closing price of $146.03 on Friday, totaling over $10.5 billion for roughly 72 million Americans under 18. SpaceX stock has since rallied to $159.31 as of Wednesday, up nearly 8%, raising the pledge's total value to approximately $11.5 billion.

According to an official announcement on Twitter, Hedera will offer $15,000 in bounty prizes during the ETHGlobal Mumbai hackathon, which kicks off on November 5th. The initiative aims to incentivize developers to create innovative projects on the Hedera platform, with a focus on tokenization and AI applications.

Pendle has introduced PendleLoop, a new leveraged trading platform, according to its official announcement. The platform allows users to long or short any token, including tokenized stocks. The launch aligns with growing demand for real-world assets in crypto, with Pendle's platform currently hosting approximately $691 million in TVL across RWA-related positions.

Komainu will sponsor the Dubai FinTech Summit on November 2-3, organized by DIFC. The event will gather banks, asset managers, regulators, and investors to discuss digital assets and tokenization.

According to MarketWatch, Micron shares rose 2% to $913.67 in early trading on Wednesday, recovering from a 26% decline since June highs while gaining over three times year-to-date. Multiple analysts including Stifel's Brian Chin and Wedbush's Matt Bryson now advise investors to view AI memory demand as a long-term marathon rather than a sprint, expecting memory market growth to persist for two to three years despite current market anxiety over AI investment sustainability and financing risks.

According to MSX.COM, MRNA declined 12.6% over the past 24 hours and is currently trading at $216.77.

On Thursday, Oct 22, German 10-year Bund yields fell 8.7 basis points to 3.334% during European market close, nearing the August 31 low of 3.324%. The 30-year Bund yields declined 8.1 basis points to 3.678%, breaking below the 100-day moving average (3.7%) and approaching the August 13 low of 3.640%. The 2/10-year Bund spread widened 0.474 basis points to +29.616 basis points.

According to Yemen's government forces, the military conducted 780 strikes over the past 24 hours, eliminating approximately 512 Houthi militants and commanders and destroying or damaging more than 330 military and transport vehicles. The forces are continuing offensive operations against the Iran-backed militia across multiple fronts.

According to Lookonchain, Bitcoin ETFs recorded net inflows of 5,766 BTC (approximately $470.15 million) overnight, while Ethereum ETFs experienced outflows of 4,422 ETH (totaling around $10.63 million) over the same period.

According to Epic Games, its battle royale game Fortnite will return to Apple's Australian App Store today following a federal court ruling that found Apple violated antitrust laws. The court ordered Apple to open its iOS operating system to greater competition.

According to Palantir executive Louis Mosley on October 22, 2026, the company cannot remotely disable NATO's Maven Smart System, which processes battlefield data for NATO's headquarters. "There are no kill switches. There's no ability for Palantir or the US government to reach in and switch it off," Mosley, Palantir's executive vice president for the UK and Europe, stated, adding that NATO maintains full operational control of the platform. NATO finalized its €480 million procurement of Maven in