Gate Crypto Flash News and Market Updates

According to BlockBeats, Samsung Electronics reported on October 29 that its Q3 net profit reached 75.2 trillion won, falling short of the market expectation of 83.6 trillion won. The company posted Q3 revenue of 195.3 trillion won and operating profit of 107.4 trillion won. The semiconductor

According to Guggenheim Securities, on October 28, Madison Square Garden Sports completed its spinoff into two separate publicly traded entities: MSG Rangers (MSGR) and MSG Knickerbockers (MSGK). Guggenheim issued 'Buy' ratings for both with target prices of $278 for MSGR (implying 57% upside from t

According to a research paper published in Finance Research Letters by Bank of Korea officials Kim Ji-hyun and Kim Min, over 73% of the Korean won's weakness following the December 3, 2024 martial law declaration stemmed from Korea-specific political risk. Among the won's 3.20 percentage point

According to ChainCatcher, on-chain analyst Ember detected that trader @Salem1299534 reaccumulated 7.45 million AI tokens valued at $612,000, coinciding with a 25% surge in AI's price.

According to Jin10 Futures, the CFETS-NEX (China Foreign Exchange Trade System) market-wide sentiment index reported 49 as of 08:45 on October 29, down 2 points from 16:00 on October 28. Within the breakdown, large banks reported 46, mid-sized banks 49, and non-bank institutions 51, each down 2 poin

According to Indosat Ooredoo Hutchison, the Indonesian telecom and digital services company's AI cloud revenue reached US$50 million in the first nine months of 2026, surpassing the US$28 million recorded throughout 2025. The company expects AI cloud revenue to reach US$100 million by the end of 202

According to CryptoQuant, Bitcoin's October return rate stood at -4.2% as of October 25, 2026, falling sharply below the 10-year October average of +18.1%. Bitcoin closed September at $83,567 and dropped to $80,051 on October 25, marking a potential second consecutive negative-return October

According to Bitwise on October 28, the global digital asset manager raised its 10-year Bitcoin price target from $1.3 million to $1.6 million by 2036. The firm projects an annualized compound growth rate (CAGR) of 34.3% for Bitcoin over the period, roughly five times the expected 6.7% annual

According to CNBC, U.S. Treasury Secretary Scott Bessent stated yesterday (Oct 28) that additional Federal Reserve interest rate hikes would not necessarily constitute a policy error. Bessent made the remarks just hours after the Fed held its benchmark rate steady at its October policy meeting,

According to PANews, Ethereum liquid staking protocol Diva Staking announced today it will shut down gradually and not launch on mainnet. The team exhausted its funding in mid-2024 and continued development for approximately 2.5 years without salaries, but ultimately could not sustain operations. Di

Pump.fun will launch Elysium trading functionality within its app on November 9. The platform previously introduced Hyperliquid perpetual futures trading. Elysium is an independent Rollup with HyperEVM as its settlement

According to Yicai Global, the S&P 500 Energy index surged 52% year-to-date through October 27, becoming the best-performing sector in 2026, compared to a 13% gain for the broader S&P 500. Brent crude and WTI crude rallied over 70% and nearly 75% respectively this year, as major U.S. energy

According to ZDNet and Wccftech, Nvidia is downgrading its next-generation Rubin platform's memory architecture. The company shifted from the originally planned 12-layer HBM4E stacking to an 8-layer configuration mixing HBM4 and HBM4E, while reducing bandwidth specifications. Per archived versions o

According to Dujia's exclusive report cited by ChainCatcher, Douyin is currently testing interactive props exclusive to short drama scenes. Users can spend platform diamonds to send props, which trigger corresponding story-related special effects when activated. Partial short dramas display prop ent

According to Alternative.me data, the cryptocurrency Fear and Greed Index stands at 51 today (October 29), indicating the market remains in a neutral state.

According to SoSoValue, Zcash spot ETFs saw net inflows of $2.0735 million yesterday (October 28). The Zcash ETF (ZCSH) has accumulated $211 million in historical net inflows to date, with total assets under management currently at $757 million.

At Stellar's Meridian 2026 event, the organization highlighted remarks from Jordan Goldman regarding growing interest in Stellar's real-world financial applications. According to Stellar's official statement, this emphasis on practical blockchain solutions for cross-border transactions and financial

According to PANews citing SoSoValue data, Solana spot ETF experienced net outflows of $5.676 million on Oct. 28, driven entirely by Bitwise Solana Staking ETF (BSOL). As of Oct. 29, SOL spot ETF assets under management stood at $1.558 billion, with cumulative inflows reaching $1.507 billion since l

On Oct 29, Microsoft posted Q3 revenue of $92.3 billion, up 19% year-over-year, exceeding market expectations. Azure revenue reached $33.17 billion, growing 48% YoY, while Microsoft Cloud revenue hit $63.9 billion, up 30%.
For the next quarter, the company guided Azure growth (constant currency)

According to CryptoQuant analyst CoinNiel, on October 27 (UTC), Bitcoin exchange flows reversed sharply with a net outflow of 12,702 BTC, compared to a 7,278 BTC net inflow on October 26. The 7-day and 30-day net outflows stood at 4,633 and 4,048 BTC respectively, though four of the past seven