Gate Crypto Flash News and Market Updates

According to the company's official response today (Oct 13), JingWang Electronics denied specific claims regarding Nvidia order reductions. The chipmaker stated that due to commercial confidentiality agreements, it cannot disclose details about specific customer collaborations. However, the company

According to Jin10, China's Wang Yi, director of the Central Foreign Affairs Office, met with Haledon, the UAE President's special envoy on China affairs, on October 13. Wang stated that the Middle East region is experiencing profound changes with ongoing conflicts at multiple levels, emphasizing th

According to Binance, the exchange will discontinue Binance Pool and related mining services at 07:00 UTC on November 10, 2026. Miners must redirect their equipment to another pool before the cutoff to avoid interruption in Bitcoin mining activity. Binance said the discontinuation is part of its

On October 12, Chinese Commerce Minister Wang Wentao met with Danone CEO Antoine Riboud to discuss the company's development in China and bilateral trade relations between China, Europe and France, according to the Commerce Ministry. Wang stated that China remains committed to expanding high-level o

On September 17, the SEC granted a five-year exemption for on-chain trading of certain tokenized stocks, while the CFTC issued no-action relief for passive software providers, according to regulatory announcements. Both actions followed the Senate's September 15 cloture vote failure on the

According to Guru Club, on October 13, methanol futures in China fell over 6% at market close, with soda ash and NR declining more than 3%. Ethylene glycol, alumina, and zinc fell over 2%, while fuel oil and pure benzene rose approximately 6% and 4%

According to South Korea's Financial Intelligence Unit, on October 13, 2026, the country ordered domestic access restrictions on 27 websites operated by unregistered cryptocurrency exchanges, including KuCoin, MEXC, BingX, Phemex, XT.com, Bitrue, CoinW, BTCC, BitMart and DigiFinex. The restrictions

According to Fortune, Binance co-CEO Richard Teng announced on Oct 13 that the exchange is reviewing Korean stock investment products following user demand for exposure to the country's top 10 stocks. Speaking at TOKEN2049 in Singapore, Teng said user interest extends to equities in Hong Kong,

According to crypto commentator @WuBlockchain, Bitcoin spot ETF IBIT experienced a $65.40 million outflow on October 12, accounting for the entire outflow from Bitcoin spot ETFs that day. The same period saw Ethereum spot ETFs record a $85.39 million outflow, extending their streak of net outflows t

According to Morgan Stanley, storage stocks have surged 9 times since the beginning of the current cycle, yet the market has not fully valued the memory super-cycle with traditional pricing multiples. Morgan Stanley favors Samsung, SK Hynix, and Kioxia for selective memory chip exposure, citing

According to Reuters, Character.AI filed for Chapter 11 bankruptcy on October 12 and agreed to sell assets to Disney for $20 million. The AI dialogue platform has initiated a court-supervised asset sale process, which includes licensing of intellectual property, with Disney designated as the lead

According to Rishi Sunak, advisor at Anthropic, speaking at the Bloomberg New Economy Forum on October 13, technology giants including Meta, Alphabet, Amazon, Microsoft, and Oracle will surpass the U.S. government as the largest net issuers of long-term debt by 2027 amid surging AI infrastructure in

According to Bybit co-founder and CEO Ben Zhou, Bybit and Mantle are collaborating to develop mStocks, a tokenized stock product set to launch next month. The mStocks will be backed 1:1 by real stocks and allow users to convert between actual stocks and mStocks around the clock on the Bybit

According to Foresight News, Hong Kong Securities and Futures Commission Chief Executive Officer Huang Tianyu delivered a speech titled "Sharpening Investor Judgment in the Age of Digital Fraud" during the International Organization of Securities Commissions (IOSCO) World Investor Week 2026. Huang h

According to Foresight News, the Ethereum community released an EIP draft outlining hardware and bandwidth recommendations for full nodes, attesters, and local block builders running execution and consensus layer clients on the same machine. The draft recommends 4TB NVMe SSD storage and 64GB RAM

According to Foresight News, multi-chain crypto payment card Cardano Card will officially shut down on October 31. Users can continue using the service until that date. Its partner Wirex will transition to non-custodial mode and discontinue custodial

According to Citi research reported by Jin10 on October 13, the UAE economy is expected to contract 0.2% in 2026 due to weakness in non-oil activities offsetting continued oil sector expansion, following 6.2% growth in 2025. Citi forecasts non-oil output will decline 0.8% in 2026, reversing 2025's 6

According to Coinglass, Coinbase's Bitcoin premium index remained negative for 20 consecutive days as of October 13, reaching -0.1398% and hitting a recent low. The negative premium signals weakening purchasing power in the U.S.

According to Galaxy Futures, as of October 8, methanol port inventories hit a historical low of 300,000 tons, down 90,000 tons from the previous period. Iran's methanol production remains suppressed at around 13,000 tons per day with a 37% operating rate amid continued Strait of Hormuz

Gate News bot message: Gate market data shows BTC has broken above 84,000 USDT and is currently trading at 84,013.5 USDT.