Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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Alibaba Tmall Dismisses Return to 50% Discounts for Double 11 Campaign

According to Tmall, on October 15, Tmall President Jia Luo stated that Double 11 will not return to the era of platform-wide 50% discounts. Instead, the strategy has shifted toward requiring merchants to offer their lowest prices of the year, he noted. As Double 11 has evolved to involve hundreds of
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BABA-1.43%
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Malaysia's SMR 20 Rubber Falls on Rising U.S. CPI, October 15

On October 15, Malaysia's Kuala Lumpur rubber market traded lower, with SMR 20 falling sharply, according to traders. The decline was driven by profit-taking, falling crude oil prices, and a 3.7% year-on-year increase in U.S. September CPI, which raised expectations for further Federal Reserve
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