Gate Crypto Flash News and Market Updates

According to Glassnode, Bitcoin's current market cycle has avoided a daily close below its realized price, with aggregate Net Unrealized Profit/Loss (NUPL) remaining positive throughout. This contrasts with prior bear markets: in 2018-2019 and 2022-2023, Bitcoin traded below realized price for extended periods. The June low in the current cycle stayed above realized price and represented the shallowest of the three bear-market lows compared. While Percent Supply in Profit fell to levels seen at

Gate News reports that the U.S. Department of the Treasury announced the withdrawal of its previously proposed crypto monitoring rule. According to the U.S. Treasury, the rule targeted self-hosted wallets (Unhosted Wallets) and CVC crypto mixing services.

According to Exxon Mobil Global Exploration Vice President Ardill, the company will exceed 1 million barrels per day in Guyana by the end of 2026, with production expected to continue growing.

On October 5, Ethiopia's Prime Minister nominated Ahmed Shide to serve as Speaker of Parliament.

According to Bloomberg data, the U.S. dollar index surged 0.4% this week, extending a three-week rally and approaching its highest level of the year. The advance was driven by euro weakness and safe-haven demand amid European fiscal pressures. However, technical indicators show the dollar has entered overbought territory, raising the risk of pullback. Valentin Marinov, head of G10 FX research at Credit Agricole, warned that if U.S. economic data disappoints this week, the dollar may face pressur

According to commentator @SolanaFloor, Solana surpassed Robinhood in weekly tokenized equities trading volume for the first time in six weeks, marking a significant shift in the competitive landscape for digital asset trading platforms.

According to Glassnode, the trend of Bitcoin whales depositing BTC to exchanges ended in late August after persisting for over three months. The trend, which lasted roughly twice as long as similar patterns seen since 2023, has since reversed, with capital flows turning negative.

On October 2, Meta announced Muse Gadgets, open-source SDKs and firmware released under Apache 2.0 license for building DIY hardware connected to its Muse AI agent. The platform provides ESP32 Device SDK for low-cost microcontrollers and Linux Device SDK for systems like Raspberry Pi, with entry-level hardware starting around $15. Meta also manufactured 5,000 units of Home Link, a USB-C-powered device enabling Muse to control smart home devices, and is distributing them free to active US Muse su

According to the Financial Services Commission (FSC) today, South Korea's financial regulator is studying methods to allow investors to dispose of fractional shares (less than 20 units) in single-stock leveraged products tracking Samsung Electronics and SK Hynix. The FSC is considering permitting after-hours closing price trading for these fractional positions. This initiative follows the regulator's July decision to expand the minimum trading unit from 1 to 20 shares, with implementation schedu

According to social media analysis shared on X, Polymarket CEO Shayne Coplan fueled speculation about a potential token launch on October 4 by teasing "a little something to say" at Token2049. The remark came after Polymarket generated almost $10 million in revenue over the weekend, significantly outpacing decentralized derivatives exchange Hyperliquid's $2.6 million. Users on X began speculating the token could be called "POLY," with some comparing it to Hyperliquid's HYPE token, valued at appr

According to South Korean National Assembly and Financial Services Commission sources on October 5, the ruling Democratic Party is accelerating legislation for a 'Korean-style bear hug' takeover defense mechanism, targeting November 2026 for parliamentary committee review following the National Audit. The proposed framework requires companies receiving significant acquisition proposals to disclose bid details and board assessments of offer fairness. Specific disclosure thresholds remain under ne

According to Business Insider, Edward Jones CEO Penny Pennington said this week that despite U.S. 10-year Treasury yields climbing to 5.3%, their highest level since 2002, the bull case for U.S. stocks remains intact. Pennington noted that strong economic growth and investor enthusiasm for AI investments continue to support the rally, with markets climbing the "wall of worry" amid interest rate concerns. The Atlanta Federal Reserve's latest GDPNow forecast projects third-quarter U.S. economic gr

According to Guru Club, on October 5, WTI crude oil futures fell 2.01% to $89.276 per barrel, while Brent crude oil futures declined 0.60% to $101.633 per barrel.

According to Morgan Stanley Chief Equity Strategist Mike Wilson, over half of Russell 3000 index constituents have declined more than 20% from June peaks, entering bear market territory, while the median S&P 500 stock has fallen 16% from 52-week highs. This has created an approximately 12% divergence between S&P 500 index prices and market breadth, a gap that must eventually close either through index pullback or individual stock gains. Wilson noted the broadening weakness intensified after Augu

According to Chainalysis, China's peer-to-peer stablecoin wallet numbers surged 43-fold between the first quarter of 2024 and the second quarter of 2026. The blockchain analytics firm recorded $104.1 billion across 18.1 million transfers in self-custodied stablecoin holdings during the July 2025 to June 2026 reporting period. Stablecoin holdings turned over 33.2 times annually, more than three times the global average of 9.3, suggesting users treat stablecoins as working capital.

According to the Federal Register, the US Treasury's proposed rule on payment stablecoin sales closes for comment on October 19, 2026, under docket TREAS-DO-2026-0496. The rule defines how the GENIUS Act regulates which entities may offer or sell payment stablecoins to US persons, directly affecting Tether's USDT, worth approximately $184 billion and the third-largest cryptocurrency by market cap. The hard enforcement date sits at July 18, 2028, when digital asset service providers must cease of

According to Romanian media, a grain-carrying vessel caught fire and sank in the Black Sea on October 5, leaving 2 crew members dead and 11 rescued. Romania's maritime authority reported receiving the distress call around 11 a.m. local time. The vessel was struck by a drone, according to reports, and was flying under the flag of Saint Kitts and Nevis while en route to the Italian port of Ravenna.

According to PANews, on Oct 5, Strategy proposed paying daily dividends on its four NASDAQ-listed preferred shares (STRF, STRC, STRK, STRD), including weekends and holidays, with payment on the next business day. The proposal will be voted on by MSTR shareholders, with voting running from Oct 5 through Oct 28. If approved, STRC's first record and payment dates will be Nov 1 and Nov 2, respectively, while STRF, STRK, and STRD will have record and payment dates of Jan 1 and Jan 4, 2027.

According to Guru Club, Bitcoin surged to $87,000 on October 2 following the release of U.S. nonfarm payroll data. The cryptocurrency later pulled back to $86,773 but remained up more than 3% for the day.

Chevron has announced the appointment of Jeff Gustavson as Chief Financial Officer and the promotion of Eimear Bonner to President of Oil Products and Natural Gas business.