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.
2026-10-29
21:34
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Amazon's Leo Project Delayed, Impacting Q4 Guidance

According to Amazon's Chief Financial Officer, the Leo project's launch is running behind schedule and affecting the company's fourth quarter earnings guidance. Major expenses are expected to occur in the fourth quarter, with the project now anticipated to launch in the first quarter.
AMZN-1.55%
21:04
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ETH plunges 0.91% in 1 hour: High interest rates and ETF outflows combine to trigger short-term selling

From 20:00 to 21:00 (UTC) on October 29, 2026, ETH fell 0.91% over the hour, trading between 2303.9 and 2337.1 USDT, with an amplitude of 1.42%. ETH is currently at $2258.15, down 4.40% over 24 hours, as market volatility has increased significantly and sentiment remains cautious. The main drivers of this move are a contraction in risk appetite amid a high-interest-rate environment and continued outflows from ETH ETFs. Net ETF outflows have weakened support from Spot Bids, while high interest ra
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ETH-1.26%
21:04
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BTC plunges 0.5% in one hour: Escalating geopolitical tensions between the U.S. and Iran, coupled with bearish technicals, trigger short-term selling

From 20:00 to 21:00 UTC on October 29, 2026, BTC fell sharply in the short term, posting a 0.50% loss. It traded between 80,115.0 and 80,853.8 USDT, with a trading range of 0.91%. Risk appetite cooled noticeably as volatility intensified. The main driver of this move was rising geopolitical uncertainty. US-Iran tensions continued to escalate, and Vance made a surprise visit to Tehran for talks. The US reportedly urged allies to prepare for possible post-election conflict, raising the risk premiu
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BTC-0.67%