Gate Crypto Flash News and Market Updates

According to sources, the Bank of Japan is likely to signal in its October meeting that underlying inflation has roughly reached its 2% target.

According to the Federal Reserve, the FOMC will release its September meeting minutes on October 8 at 3 a.m. Korea time (October 7 at 2 p.m. U.S. Eastern time). The minutes will reveal the reasoning behind Fed officials' unanimous vote to raise interest rates. If the minutes show a less hawkish stance than market expectations, risk assets like Bitcoin could see price increases. Separately, initial jobless claims for the week ending September 26 totaled 197,000, down 1,000 from the prior week.

According to Polygon, RocketX Exchange has recently executed over $500K in compliant private swaps on the Polygon network. The platform's total swap volume exceeded $107 million, reflecting growing demand for private transactions and increased adoption of Polygon's layer-2 solution.

According to Foresight News, Nasdaq-listed DeFi Development has increased its holdings by 26,203 SOL since September 28, bringing total SOL holdings to 2.764 million valued at approximately $302 million.

According to ChainCatcher and SoSoValue data, Bitcoin spot ETFs experienced net outflows of $89.90 million yesterday (October 5). BlackRock's IBIT was the only major performer with net inflows of $69.85 million. Ark Invest and 21Shares' ARKB recorded the largest outflows at $85.21 million. Bitcoin spot ETFs hold total assets of $110.77 billion, representing 6.43% of Bitcoin's total market capitalization.

According to Bloomberg, Dark Side of the Moon has completed its final pre-IPO funding round at a post-money valuation of approximately $50 billion. The company is preparing for an IPO in Hong Kong in the first quarter of 2027, with early investor meetings expected to begin as soon as this month.

According to a report released by the World Bank on October 6, East Asia and Pacific economies are expected to grow 4.5% in 2026, up 0.3 percentage points from the bank's April forecast. Growth is projected to slow to 4.4% in 2027 and 4.3% in 2028. Vietnam saw the largest upgrade, with growth expectations raised by 1.1 percentage points to 7.4%. However, the bank warned that regional economic resilience depends heavily on AI-related manufacturing and exports, making it vulnerable to a reversal i

According to Korean CXO Institute, Suh Jung-jin, chairman of Celltrion Group, saw his stock holdings grow by 1.03 trillion won in the third quarter, reaching 12.93 trillion won by September end. This marked the largest increase among 48 major chaebol leaders, whose overall stock valuations fell 18.58 trillion won (13.9%) in the same period. The growth was driven primarily by an approximate 6% increase in Suh's shareholdings rather than stock price appreciation. Celltrion's share price rose only

According to Reuters, on October 6, Zerra DC, a Singapore-based data center developer, secured investment from Macquarie Capital to expand its hyperscale platform across Asia-Pacific. The company's development pipeline includes more than 2 gigawatts of planned IT capacity across Australia, Japan, and India. Financial terms were not disclosed.

According to Nikkei News, on October 6, Japan's Economy, Trade and Industry Minister Akira Akasawa announced that the AZEC ministerial meeting on October 8 will focus on discussions aimed at strengthening cooperation between oil-producing and consuming nations to expand oil reserves in Asia.

According to Business Insider, Scott Rubner, chief equity strategist at Citadel Securities, predicted on October 6 that equity markets may become more favorable starting this month, driven by strong corporate earnings and improving investor positioning. Rubner highlighted that U.S. corporate second-quarter profits reached a record $483.3 billion, up 22.8% year-over-year, marking the largest annual increase since Q4 2021. He noted that earnings growth has accelerated for four consecutive quarters

According to Financial Times, reported by ChainCatcher, U.S. corporations are facing pressure from an ongoing bond selloff as Treasury yields rise. Some companies are reconsidering their borrowing plans in response to elevated yield levels. Investors warn that sustained high yields could trigger a wave of corporate defaults in the coming months.

According to ChainCatcher, the U.S. Treasury Department recently acknowledged in a document that its previous rules targeting cryptocurrency mixers contain problems and may have a chilling effect on lawful activities. However, the U.S. Department of Justice continues to argue in Roman Storm's case that all transactions through Tornado Cash constitute illegal activity, even if performed lawfully, due to potential use for money laundering or sanctions evasion. Storm, co-founder of Tornado Cash, st

According to BlockBeats, SOL broke through $120 on October 6, trading at $120.03 based on HTX market data. The asset's 24-hour decline has narrowed to 0.24%.

According to Financial Times, ICE launched precious metals futures contracts in London this week, including gold, silver, platinum, and palladium. The contracts are linked to London daily auction prices, representing the latest effort to introduce derivatives trading in the global physical bullion center.

According to Arkham, LayerZero repurchased $347,000 worth of ZRO tokens on October 6, 40 minutes ago, bringing its total buyback to 2.538 million ZRO worth approximately $5.4 million. ZRO price rose above $2.13, approaching the $3 resistance level.

The Korea Financial Investment Association (KOFIA) was reelected as a board member of the International Investment Funds and Alternatives Association (IIFA) on October 5-6, according to its official statement on October 6. KOFIA is attending the 39th IIFA annual conference in Toronto, where it will share the Korean asset management industry's experience in investor education and market practices. Over the next two years, KOFIA will participate in IIFA's board and working committees on sustainabi

According to The Block, Canary Capital announced on October 6 that it will launch a Staked INJ ETF (ticker: INJC) soon. The product is designed to provide investors with INJ token exposure while generating returns through staking mechanisms. Injective Foundation separately unveiled its Trench Treasury, a new ecosystem support program aimed at funding projects built on Injective and rewarding active community contributors.

According to research firm SemiAnalysis, OpenAI recently halved token allocations for its Pro plan's flagship models GPT-6 Astra and GPT-6.1 Sol, despite announcing a 50% speed increase. OpenAI executive Tibo promised daily updates for 28 consecutive days, first addressing users' speed complaints by raising output tokens per second from 30 to 50, effective within two hours. SemiAnalysis found that Anthropic's Claude Opus 5.5—its daily-use flagship model—offers approximately 5 times more API-equi