Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-10-04
04:34
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Toshiba Announces 600 Billion Yen HDD Expansion, Seagate and Western Digital Plunge Over 10% on Friday

According to reports on October 2, Toshiba announced a 600 billion yen (approximately $380 million) investment to expand its hard disk drive (HDD) manufacturing facility in the Philippines, planning to double production capacity by the 2027 fiscal year. The announcement drove shares of Seagate Technology and Western Digital down over 10% on Friday, despite the Nasdaq reaching a record high. Analysts from Bernstein, Citigroup, and Morgan Stanley noted that the expansion poses limited near-term di
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04:33
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DWF Labs Partner: Trump's Midterm Victory and $5,000 Stimulus Could Spark 2021-Like Crypto Bull Market

According to BlockBeats, DWF Labs managing partner Andrei Grachev said on October 4 that if former President Trump wins the midterm elections and distributes $5,000 to each U.S. adult, the stimulus scale would amount to 150% of the pandemic-era quantitative easing programs. Grachev believes such an influx could drive capital into crypto markets and trigger a bull run comparable to 2021. However, he warned that investors should take profits during any such rally, as a subsequent crisis could foll
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04:23
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Ripple and XRP Ledger Foundation Launch XRP Asia in Singapore on October 4

According to PANews, Ripple and the XRP Ledger Foundation jointly established XRP Asia on October 4, a new organization headquartered in Singapore aimed at promoting XRPL adoption across the Asia-Pacific region. The organization is led by Sabrina Tachdjian, former Vice President of Hedera Foundation, and will build on existing communities including XRPL Korea and XRPL Japan to support new developer hubs across major Asian cities.
XRP1.11%
04:21
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CME FedWatch: 77.9% Odds Fed Keeps Rates Unchanged in October

According to CME FedWatch Tool, as of October 4, the Federal Reserve has a 77.9% probability of keeping rates unchanged in October, with a 22.1% chance of a 25-basis-point rate hike. For December, CME data shows a 14.8% probability of no rate change, a 67.3% probability of a cumulative 25-basis-point hike, and a 17.9% probability of a cumulative 50-basis-point hike.
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04:19
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German Chancellor Merz Arrives in Kyiv, Pledges Support for Ukraine

German Chancellor Friedrich Merz arrived in Kyiv on October 4, pledging continued support for Ukraine. In his statement, Merz emphasized that "Ukraine needs all of our support in the coming weeks," signaling Germany's commitment to assist the war-torn country amid ongoing conflict.
04:10
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USD/KRW Falls to 1,344.20 Won This Week as U.S. Jobs Data Disappoints

According to Yonhapinfomax, USD/KRW fell to 1,344.20 won on October 3 as U.S. September non-farm employment came in at only 29,000 versus market expectations of 90,000. However, U.S. Treasury yields rebounded sharply after the initial decline, with the 2-year yield closing at 4.8250%, up 3.80 basis points from the previous day, supporting the dollar against further weakness. The dollar index also retreated below the 102 level to 101.884. South Korea's financial markets will face two holidays thi
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04:09
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T&E Korea Launches KOSDAQ Roadshow This Week; DTS Roadshow Continues Through Oct 8

According to Yonhapinfomax, two companies are conducting roadshows on South Korea's KOSDAQ exchange this week (Oct 6-8): T&E Korea will launch its roadshow on October 7, while air-cooled heat exchanger manufacturer DTS continues its roadshow through October 8. General subscription applications for two additional companies, Jincostech and Elis Group, are also underway during the shortened trading week due to the Korean holiday.
04:08
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National Pension Fund's KOSDAQ Holdings Surge to 106.2 Trillion Won, 40.6% Share in 4 Years

According to data submitted to South Korea's parliament by the National Pension Service, the fund's KOSDAQ holdings reached 106.2 trillion won last year, marking the first time exceeding 100 trillion won. The KOSDAQ portion of combined KOSPI and KOSDAQ investments jumped to 40.6% from 3.9% in 2021. Other major pension funds—including the Government Employees Pension Service, Teachers' Pension, and Military Personnel Pension—maintained significantly lower KOSDAQ allocation rates of 1-2%. Meanwhil
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04:08
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Foreign Investors Dump 20.3 Trillion Won in KOSPI Stocks as Samsung, SK Hynix Holdings Hit Year-Low

According to Korea Exchange, from September 1 to October 2, foreign investors sold a net 20.3 trillion won of KOSPI-listed stocks, with SK Hynix accounting for 12 trillion won and Samsung Electronics for 5.2 trillion won—representing 84.7% of total net sales. SK Hynix's foreign ownership ratio fell to 49.76% on October 2 from 50.57% on September 1, hitting the lowest level since May 2023, a gap of 3 years and 4 months. Samsung Electronics' foreign ownership ratio declined to 46.41% from 46.71% d
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04:08
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Democrats Have 62% Chance to Win Both Chambers in U.S. Midterm Election on November 3

According to Samsung Securities analysts, if Democrats win control of both chambers in the U.S. midterm election on November 3, they have pledged to restore clean energy tax credits and expand energy storage system investments. The prediction market platform PolyMarket currently reflects a 62% probability of Democrats sweeping both the Senate and House, with Democrats needing four additional seats in each chamber to achieve majority control. Analysts expect renewable energy and energy storage se
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04:08
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G20 Trade Ministers Reach Joint Statement on Grain Weaponization, September 30-October 1

According to China's Ministry of Commerce, G20 trade ministers reached a joint statement on opposing grain weaponization during meetings in Milwaukee, Wisconsin from September 30 to October 1. The group exchanged views on four main topics: grain weaponization, excess production capacity, forced labor elimination, and most-favored-nation status adjustments. No outcome documents were formed on the latter three issues.
04:03
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ETH Sell Wall Dominates Binance, $93.36M Net Short vs Other Exchanges

According to ChainCatcher, Ethereum is trading near $2,694.05 as of today (October 4). Data from Liquid24/7.xyz shows Binance perpetual futures have a significant sell wall of $93.36 million with net short positioning of $33.66 million, substantially larger than other major exchanges. Binance spot and Coinbase spot markets show more balanced order flow, while OKX perpetual and Hyperliquid futures display net long bias.
ETH0.56%
04:02
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Micron Beats Q4 Expectations With $54.23B Revenue, Samsung and SK Hynix Stocks Rise

According to financial investment reports released on September 30, U.S. memory semiconductor maker Micron posted fourth-quarter fiscal revenue of $54.23 billion, beating market expectations of $50.07 billion. The company also guided next-quarter revenue at $61.5 billion, surpassing forecasts. The stronger-than-expected results reflect sustained AI infrastructure investment driving demand across high-bandwidth memory (HBM), DRAM, and NAND products. In response, domestic semiconductor stocks rall
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04:02
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Micron Beats Q4 Estimates With $54.23B Revenue; Samsung, SK Hynix Set to Report

According to Korean financial investment industry reports, Micron reported fourth-quarter revenue of $54.23 billion on September 30, exceeding market expectations of $51.07 billion. The company's next-quarter guidance of $61.5 billion also surpassed forecasts. AI infrastructure investments are driving demand across high-bandwidth memory (HBM), DRAM, and NAND flash. Following the earnings announcement, Samsung Electronics rose 2.79% to 276,000 Korean won and SK Hynix climbed 3.21% to 1,833,000 wo
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04:01
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U.S. to Provide Vistra $4.2 Billion Loan for Three Nuclear Plant Expansions

According to reports, the U.S. government will provide Vistra with a $4.2 billion loan to expand capacity at three of its nuclear power plants, with Energy Secretary Chris Wright expected to formally announce the funding on October 5. The loan will support power uprates—efficiency improvements to existing reactor units—rather than new plant construction. Vistra currently operates four nuclear stations with six reactors generating over 6.5 GW of capacity.
03:54
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Bitcoin is Like Insurance, Says Rich Dad Poor Dad Author Robert Kiyosaki

According to Bitcoin.com News, today (October 4), Robert Kiyosaki, author of Rich Dad Poor Dad, shared views on X comparing holdings of Bitcoin, gold, and silver to purchasing car insurance as a hedge against economic risk. He advocated for currency that governments cannot print, criticizing the Federal Reserve and government policies of taxation and inflation that erode purchasing power.
BTC1.12%