Gate Crypto Flash News and Market Updates

According to ChainCatcher, Bitwise Asset Management and Hyperliquid Policy Center submitted comment letters to the SEC requesting modifications to the proposed Regulation Crypto Assets. The companies seek clarification on token classification standards under securities law, expanded safe harbor

According to ChainCatcher, Elon Musk has predicted that Starlink will have 100,000 satellites within three years, with network capacity increasing 100-fold.

According to Tether on Oct. 20, Tether participated in Tenstorrent's $1.5 billion Series E funding round, which closed on Oct. 19, bringing the AI chipmaker's post-money valuation to $6.2 billion. Trace Capital and Innovation X led the round, with ARK Invest, Fidelity, Morgan Stanley, and Sandisk al

According to U.S. officials, American presidential envoy Whitehorse will meet with Russian President Putin on October 21, with Trump's son-in-law Kushner participating via video. The meeting follows discussions between the U.S., Ukraine, and European partners on a comprehensive peace framework

According to Elon Musk, SpaceX's Starship is scheduled for its 15th flight next month (November 2026). If successful, the mission will mark the first time an orbital launch vehicle achieves complete recovery of both the booster and the

According to the White House, President Trump will sign multiple legislative bills into law today (October 20).

According to Iraq's Al Ekhbariya television, Iranian Foreign Minister Araghchi stated that Iran has not yet received responses from Saudi Arabia and Yemen's Houthis regarding its mediation initiative.

According to the American Petroleum Institute, the Cushing crude oil inventory fell to 936,000 barrels in the week ending Oct. 16, down from 1.823 million barrels in the prior week.

According to API data, for the week ended October 16, U.S. crude oil imports reached 69,000 barrels, rebounding from negative 1.091 million barrels in the prior week.

According to API data, U.S. crude oil production declined by 408,000 barrels per day in the week ending October 16, compared to an increase of 118,000 barrels per day in the prior week.

According to API data, U.S. crude oil inventories fell by 4.931 million barrels for the week ending October 16, below expectations of a 1.107 million barrel decline, compared to a 11.123 million barrel drop in the prior week.

According to COMEX, December gold futures fell 0.49% to $4,139.70 per troy ounce on October 20 (U.S. Eastern time), extending a two-day decline. The drop followed a rebound in U.S. equities, which eased investor

Supermicro (SMCI) posted a first-quarter revenue forecast of $185 billion to $195 billion, significantly exceeding analyst expectations of $149.9 billion. The stock rose 11% in after-hours trading following the

According to ChainCatcher, citing Bitcoin News, the U.S. Commodity Futures Trading Commission (CFTC) is seeking public comments on a retail digital assets trading framework that would include a new "crypto assets market" exchange category. The comment period closes on December 14. Separately, the U.

According to Bitcoin Treasuries, Fidelity's perpetual preferred stock has emerged as a key catalyst for Bitcoin demand, funding purchases of over 135,000 BTC over the past year—equivalent to 0.5% of Bitcoin's total supply. Fidelity, which manages $7.8 trillion in assets, noted that Bitcoin's

According to FinanceFeeds, on October 20, XRP traded near $1.32 as Binance whale outflows fell to $49.7 million on a 90-day moving average, while the XRP Ledger approached a network upgrade expected on October 23. Crypto analyst Darkfost reported the figure represents approximately a 98.6% decline f

According to Base's official announcement, the platform has launched 24/7 trading for tokenized stocks to capitalize on the ongoing earnings season. The initiative allows global investors to trade tokenized equities around the clock, catering to traders seeking exposure to earnings

According to U.S. officials, the United States, Ukraine, and Europe have reached high-level coordination at the working level regarding next steps and are jointly committed to finding practical solutions to end the

According to researcher Stacy Muur, 82 cryptocurrency projects have shut down in 2026, with names including Balancer, Radiant Capital, Neon EVM, and Step Finance across DeFi, blockchain infrastructure, and Web3 gaming sectors. Shutdowns were driven by declining revenue, depleted funding, and

According to Odaily Star Daily, Abu Dhabi-based NIP Group signed an agreement to acquire Bitcoin mining equipment with combined hashrate of 4.47 EH/s, valued at up to $27.3 million. The acquisition will increase the company's deployed hashrate to approximately 13.85 EH/s. Upon full deployment, NIP G