Gate Crypto Flash News and Market Updates

According to Sky News reports, Nu Holdings, a Brazilian digital bank, climbed 3.52% to $13.11 (up $0.45) on October 1 at 12:31 PM local time, as the company officially denied reports of pursuing an acquisition of UK-based digital bank Monzo. Sky News had previously reported that Nu Holdings was in early-stage negotiations to acquire Monzo for between $10.6 billion and $13.25 billion. In a statement, Nu Holdings said it has great respect for Monzo but is not pursuing a deal, adding that it regula

On October 1, German two-year bond yields fell 14.2 basis points to 3.065% during European market close. The three-day cumulative decline reached 24.3 basis points, with intraday trading range between 3.266% and 3.043%.

According to ChainCatcher, Variant Fund investment partner Alana Levin stated that the crypto market bottom likely occurred in July. She noted Bitcoin was trading at $59,000, Ethereum at $1,600, and ZEC at $420 in early July when she anticipated the bottom was approaching. Levin identified three asset classes expected to benefit as markets recover: value-storage protocols like Bitcoin, revenue-generating protocols where investors will evaluate whether income stems from crypto-native or tradition

According to Formula 1's official statement, Crypto.com extended its global partnership with Formula 1 through 2030 in December 2024, making the exchange one of the sport's longest-serving commercial partners. The renewal covers the $100 million global partnership that began in June 2021, the nine-year Miami Grand Prix title sponsorship secured in February 2022, and the fan-voted Overtake Award. Crypto.com's user base grew from 10 million at the 2021 deal's launch to over 100 million by 2024. Fo

According to ChainCatcher, Zano disclosed on September 25 that attackers exploited a validation flaw in Gateway Addresses (introduced in Hard Fork 6) to illegally mint approximately 18.4 million ZANO tokens on two separate occasions, along with an equivalent amount of fUSD. The unauthorized tokens were valued at over $200 million. Zano recovered its blockchain state from block 3,833,000 and disabled Gateway Addresses. The project confirmed that all affected balances will be fully restored, and Z

According to the U.S. Department of Treasury, the United States issued new sanctions related to Iran. Further details regarding the scope and implementation of the sanctions were not immediately disclosed.

According to Yonhapinfomax, three regional U.S. Federal Reserve presidents expressed concern about inflation during recent remarks. Boston Fed President Susan Collins stated that inflation is "too high and has remained elevated for too long." Kansas City Fed President Jeffrey Schmid, who voted against the last two rate cuts, emphasized that the Fed has not yet fully met its price stability commitment. Richmond Fed President Thomas Barkin said inflation is "the child acting up right now," highlig

According to UK Counter Terrorism Police, authorities arrested a person with dual British and Iranian nationality today (October 1) in connection with activities near RAF Fairford on Sunday.

According to Truist analyst Brian Foran, the financial sector's relative performance in September hit its worst level since 1990. In a report, Foran noted that this extends a bear market that began in April 2025, comparing the current weakness to the internet bubble era: "what's unusual now is that earnings revision expectations are actually positive," he wrote. Major banks are set to report Q3 results starting October 13, with JPMorgan and other leading lenders providing updates on industry con

According to Scott Rubner, Citadel Securities' equity and derivatives strategy chief, retail investors are poised to return to U.S. stock markets in October following a significant pullback in September. In a report to clients, Rubner noted that while volatility may persist, the month offers a better entry point as earnings season approaches and stock buybacks resume. "The market enters the fourth quarter from a cleaner starting point with expanded room to rebuild positions," he wrote.

According to a securities filing on September 30, Nubank denied pursuing an acquisition of British digital bank Monzo, moving to shut down takeover speculation. The Brazilian fintech's shares had fallen 10% on Monday following reports of preliminary discussions valuing Monzo at £8 billion to £10 billion, but rebounded 2.5% on Wednesday and 6.6% in after-hours trading to close at $12.66. Monzo's valuation in the reported deal represented a significant premium to its £4.5 billion valuation from an

According to Bitwise, Chief Investment Officer Matt Hougan held a live discussion on X today covering Q4 market outlook and insights on $BSOL, the first spot Solana staking ETF. $BSOL has gained approximately 5.70% over the past week, outperforming the broader crypto market's 1.30% gain. The discussion emphasizes developments in the ETF landscape and their potential influence on Solana-based assets.

According to Reuters and LSEG IBES data, S&P 500 enterprises are projected to deliver 35% earnings growth in 2026, the highest since 2021, supported by robust economic performance. However, with a higher comparison base looming, growth is expected to decelerate to 15% in 2027, reflecting concerns over sustained profitability. Valuation pressures have already emerged. The S&P 500 forward price-to-earnings ratio has compressed from 22x at the start of 2026 to 19.2x, while artificial intelligence i

According to Russian President Vladimir Putin, Ukraine has damaged over 100 Russian ships in the Black Sea, and Russia is responding to these losses.

According to CNBC Investing Club with Jim Cramer, the 10-year Treasury yield climbed to 5.34% on Thursday, its highest level since 2002, as the Institute for Supply Management's prices-paid index came in hotter than expected, reinforcing expectations that the Federal Reserve could raise rates again this year. The S&P 500 Oscillator fell to negative 5.1%, indicating oversold conditions. Despite delivering strong quarterly results, Micron Technology shares declined; Jim Cramer said the company's l

According to Jérôme de Tychey, co-author and president of Ethereum France, the proposed EIP-8363 was withdrawn from consideration for Hegota on Thursday. The proposal aimed to burn an increasing share of validator rewards as ETH staking grows, reaching 100% burn at approximately 60.25 million ETH staked. De Tychey stated that core protocol contributors and industry participants argued during the Consideration for Inclusion process that a fork was not the appropriate venue to settle issuance poli

The New York State Department of Financial Services (NYDFS) and Wyoming Division of Banking signed a Memorandum of Understanding on Thursday to coordinate oversight of crypto companies operating across both states, including licensing, examinations and enforcement actions. The agreement applies to firms already regulated in either state and those seeking approval in both jurisdictions. Under the pact, regulators will share examination data, coordinate inspection schedules and establish joint exa

According to available data, Venezuela's oil exports declined to 1.08 million barrels per day in September.

Russian President Vladimir Putin stated that Russia will not strike enterprises of countries supplying weapons to Ukraine tomorrow (October 2), but such actions constitute a threat. The statement represents a diplomatic warning regarding potential future measures.

U.S. bank stocks fell sharply on Thursday, with the KBW Bank Index dropping as much as 2.4% to its lowest intraday level since late May, as investors assessed the impact of rising Treasury yields on the economy and banking operations. Citigroup led the decline with a drop of as much as 4.6%, marking its steepest fall since July. All components of the index declined during Thursday's trading session. The KBW Bank Index has now fallen approximately 14% since mid-August, with year-to-date gains sta