Gate Crypto Flash News and Market Updates

According to Guru Club, Saudi Arabia's east-west crude oil pipeline halted operations on October 5 following another attack. Brent crude surged nearly $1 per barrel within five minutes to $102.31 per barrel in response to the disruption.

According to S&P Global's purchasing managers index released on October 5, UK employment has continued to decline for 24 consecutive months, surpassing the duration of job losses during the global financial crisis. However, the labor market is showing signs of improvement, with service sector layoffs falling to their lowest level in nearly a year. Tim Moore, chief economist at S&P Global Market Intelligence, noted that "business recruitment demand has been better than expected, helping the emplo

According to Jin10, Scottish utility SSE on October 5 adjusted its forecast, expecting most of its gas-fired power plants to continue operating until the mid-2030s, reversing earlier plans for retirement by decade's end. The change reflects UK electricity system challenges as renewable energy expands, with aging plants facing rising maintenance costs. SEE CEO Martin Pibworth stated: "I expect most of our gas plants will continue running in the mid-2030s because the power system needs this flexib

According to S&P Global Market Intelligence chief economist Tim Moore, the UK services sector saw output growth slow in September compared to August, with new orders rising at their weakest pace in three months. Businesses weakened their economic outlook for the coming year, citing soft demand and rising inflation pressure. Tim Moore noted that input cost inflation accelerated further in September, driven by surging oil prices amid Middle East tensions, prompting services firms to increase price

Binance will implement new controls on cross-border cryptocurrency transfers involving Brazilian users from November 1, requiring customers to disclose who is sending or receiving assets and the purpose of the transaction. The change is mandated by Central Bank of Brazil Resolution No. 521/2025, which brings international virtual-asset transfers within Brazil's foreign-exchange framework. Brazilian individuals and companies sending crypto to non-residents, or transferring assets to their own acc

According to Shaanxi State-owned Assets Supervision and Administration Commission, recently Shaanxi Environmental Protection Group received CNY 55 million in policy-backed financing. The funds will be used to supplement capital for the Wuqi natural gas peak-shaving storage facility project.

According to reports highlighted by MoneyToday, U.S. 10-year Treasury yields broke through 5% on September 25, reaching 5.16%, marking a significant market development. Analysts noted that the yield gap (expected return spread between stocks and bonds) has compressed to just 3 basis points, the lowest level since 2004, indicating diminishing stock investment appeal relative to bonds. Separately, on October 1, South Korea and the United States announced the 'Korea-U.S. Nuclear Power Framework' as

According to @WuBlockchain, Hyperliquid recently received $14.58 million in USDC to support its HYPE token buyback program. Under the AQAv2 framework, approximately 90% of the cost-adjusted reserve yield from USDC will be redirected to the Assistance Fund, marking an evolution in the protocol's financial strategy beyond traditional trading fees.

According to Money Today, US 10-year Treasury yields surged past the 5% mark on September 25, reaching 5.16% intraday. The yield spike marks a significant milestone, with equity risk premium (yield gap between stocks and bonds) declining to 3 basis points—the lowest level since 2004, according to Hana Securities analyst Lee Jae-man. The tightening spread narrows the investment appeal advantage of stocks over bonds amid broader market volatility.

According to Hupzy, a Hyperliquid trader opened a 25x leveraged long position on 23,734 ETH with a notional value of $67.3 million. The move followed a $471,000 loss on a prior 14,976 ETH short position. Liquidation price stands at $2,650.

UK services sector purchasing managers' index (PMI) rose to 52.1 in September, exceeding analyst expectations of 51.7, according to official data. The reading matched the previous month's level of 51.7.

According to official data, the UK's September composite PMI final reading came in at 52, beating the forecasted 51.7 and matching the previous month's 51.7.

The Eurozone's Sentix investor confidence index fell to 2.7 in October, below the forecasted 4.5 and down from 5.1 in the previous month. The decline marks a contraction in investor sentiment across the currency bloc.

According to Predict Time, Polymarket recorded trading volume exceeding $545 million last week. Driven by macroeconomic and political factors, trading volume related to Brazil's first-round presidential election reached $165 million.

Hyperliquid perpetual contracts are now available on Bloomberg Terminal as of October 5, enabling professional users to access and monitor data from the decentralized exchange. The platform supports more than 100 assets through HyperCore and operates on its own layer-1 blockchain.

According to S&P Global Ratings, on October 4, the firm launched Vault Risk Assessment (VRA), a forward-looking tool designed to evaluate impairment risks in blockchain-based lending vaults. The launch comes as deposits in the market reached approximately $10 billion in September 2026, representing a 6.7-fold increase from $1.5 billion in September 2024. The VRA framework assesses six risk factors: portfolio credit quality, liquidity mismatch, curator risk, blockchain risk, protocol risk, and va

According to BlockBeats and BIT (bit.com) trading data, on October 5, U.S. semiconductor, storage, and optical communications stocks broadly gained in Monday's premarket session. In optical communications, Astera (ALAB) led with a 1.88% gain, followed by Applied Optoelectronics (AAOI) up 1.45% and Credo (CRDO) up 1.44%. Storage stocks also advanced, with Western Digital (WDC) gaining 1.62%, Seagate (STX) up 1.56%, and SanDisk (SNDK) up 0.87%. Micron Technology (MU), Lumentum (LITE), and Coherent

According to Bloomberg Intelligence analyst Robert Lea in a latest report on October 5, China's leading AI models have narrowed their performance gap with U.S. counterparts to 3% in benchmark test scores, down from approximately 9% in May and 15% at the start of the year. The performance improvement followed DeepSeek's September release of V4.1 Flash.

According to market intelligence firm Tracxn, Southeast Asian tech companies raised US$13.5 billion in the first nine months of 2026, up 176% year-over-year, with late-stage deals driving most of the capital. The region logged 189 funding rounds, down from 263 in the same period last year, indicating capital concentration in fewer, larger deals. DayOne, a Singapore-based data center company, and Kling AI accounted for 54% of total funding, with US$4.5 billion and US$2.8 billion respectively. Blu

According to QCP Capital's Q4 2026 Digital Assets Market Outlook released on October 5, the Federal Reserve's shift to active tightening will define crypto markets in the final quarter. The Fed raised rates to 3.75%-4.00% on September 16 — its first hike since 2023 — with the dot plot signaling one further increase before year-end. The 30-year Treasury yield has reached its highest level since 2007 as heavy government borrowing competes with AI-related corporate debt. QCP Capital's base case pos