Gate Crypto Flash News and Market Updates

According to Ripple's announcement on October 28, the company expects to reach a $900 million annualized product revenue run rate by the end of 2026, driven by payments, custody, stablecoins, and institutional services. The announcement came during Ripple's Swell 2026 conference in New York.
Ripple

According to Spiko Finance, at Meridian 2026, the Spiko Amundi Overnight Swap Fund (SAFO), marketed as Smart Cash, has become the world's largest tokenized fund by assets under management. The announcement marks a significant milestone in the tokenization sector and reflects growing institutional

According to ABC4, on Wednesday, Utah filed felony charges against prediction market Kalshi and co-founders Tarek Mansour and Luana Lopes Lara, accusing them of illegally promoting gambling. The charges include one count of pattern of unlawful activity (a second-degree felony), 12 counts of online g

According to Iranian Revolutionary Guards statement, Iran's Navy captured a U.S. spy drone on October 29 through an electronic warfare operation conducted west of the Strait of Hormuz. The drone was brought down

According to Iran's Islamic Revolutionary Guard Corps Navy, three tankers caught fire and were abandoned after hitting mines on unauthorized routes south of the Strait of Hormuz on October 29. The incident occurred within a 24-hour period, according to the Iranian military

According to COINOTAG, XRP Ledger daily active accounts reached 32,604 on October 27, marking the highest level recorded in 2026. The figure sits well above the 30-day average of 19.4K, making it the busiest day for unique senders on the network since the start of the

According to CoinDesk, ARK Invest bought $9.1 million worth of Robinhood stock on Wednesday (Oct 29), marking the largest purchase of the stock since April 29. The move comes after ARK sold approximately $47.5 million worth of Robinhood shares

According to The Block, Curve Finance has launched StableSwap on Stellar mainnet, marking its first native deployment outside EVM ecosystems. Users can now create liquidity pools, swap assets, and provide liquidity on Stellar without

Merck reported third-quarter earnings and raised its adjusted profit outlook on Thursday. The pharmaceutical company delivered adjusted earnings per share of $2.49, beating the $2.08 consensus estimate, and increased its full-year adjusted EPS guidance to $2.77-$2.82 from $2.66-$2.76.
Keytruda, Mer

Bristol Myers Squibb reported third-quarter revenue of $130.7 billion, exceeding the expected $127.1 billion. Adjusted earnings per share came in at $1.35, surpassing the forecast of $1.12.
The company raised its full-year revenue guidance to $497.5 billion–$502.5 billion from the prior range of $4

According to Istat, Italy's business confidence index for October came in at 91.9, slightly below the forecast of 92, matching the previous month's reading.

According to Istat, Italy's consumer confidence index declined to 90.3 in October, falling short of the 91.0 forecast and below the previous month's reading of 91.2.

According to Uniswap Builders, Developer Analytics is now live, allowing developers to track integration requests, success rates, and swap actions within their API dashboards. The tool aims to simplify performance metrics monitoring and improve user experience across the Uniswap DeFi

At Meridian 2026, WalletConnect announced expanded support for Stellar and launched a new partnership involving Bermuda. The move enables customers to make payments directly from Stellar wallets, streamlining crypto transactions and enhancing usability for Stellar

According to COINOTAG, on Thursday, Bitcoin (BTC) traded at an average premium of 0.42% on South Korea's four major won-denominated exchanges compared to Binance. All four venues quoted above the global benchmark price, with the premium compiled by

According to Oracle's investor day release on Wednesday, Oracle stock (ORCL) jumped 10.73% to $144.54 on volume of 79.1 million shares. The company targeted at least $225 billion in revenue by fiscal 2030, representing compound annual growth above 35%, with non-GAAP operating margins of 40% or

GRIN's price declined 13.5% to $0.01037 in the past hour on October 29, amid broader selling pressure across the crypto market. The coin's 24-hour drop stands at 14.74%, with a day high of $0.01212. Trading volume over the past 24 hours reached $4,197.93, indicating thin transaction

Eli Lilly reported third-quarter revenue of $24.0 billion, surpassing analyst expectations of $22.52 billion. Adjusted earnings per share came in at $7.48, also exceeding the consensus estimate of $5.59.
The pharmaceutical company raised its full-year revenue guidance to $91.0–92.0 billion, up

According to the Houthi health ministry, a residential area in Taiz province in southwestern Yemen was struck on October 29, killing 12 people and injuring 3 others.

According to COINOTAG, Hyperliquid (HYPE) has permanently removed 49.87 million native tokens from circulation today, representing 5% of the protocol's 1 billion token maximum supply. The decentralized exchange destroys these tokens through an automated mechanism within its