Gate Crypto Flash News and Market Updates

According to Korea Exchange, South Korea's KOSPI index declined 1.09% to 7,003.74 during the week of Sept 28-Oct 2, while the KOSDAQ fell 0.11% to 893.29. Foreign investors net sold 8.32 trillion Korean won, and institutions sold 971.7 billion won. Market focus this week centers on Samsung Electronics' preliminary third and fourth quarter earnings report, scheduled for Oct 8. Analysts note that while Samsung's profit outlook has been downwardly adjusted due to won strength, Micron's strong earni

According to CoinMarketCap, Bitcoin is trading at $86,592 as of October 5, up 2.22% in 24 hours, 2.08% weekly, and 6.33% over the past month. Microstrategy, the world's largest corporate Bitcoin holder, purchased 1,665 BTC for $142.7 million between September 21–27, averaging $85,681 per coin. Domestic investor sentiment remains mixed regarding October's bullish potential, known as 'Uptober.' A survey by Coinness and Kratos found 35.9% of respondents expect Bitcoin to rise or surge next week, wh

According to CoinMarketCap, Bitcoin reached $86,592 on October 5, up 6.33% for the month and 2.22% in the past 24 hours. MicroStrategy, the world's largest corporate Bitcoin holder, purchased 1,665 BTC for $14.27 million between September 21 and 27, with an average price of $85,681. Market sentiment on October's traditional "Uptober" rally remains mixed; 38.7% of respondents in a Coinniss and Kratos survey expect Bitcoin to rally, while 41.4% hold negative views. Glassnode notes Bitcoin faces se

According to OneByZero, the Singapore-based AI integration platform raised $20 million in Series A funding led by Jungle Ventures on October 5, marking its first external investment. The company plans to deploy proceeds toward expanding operations across Asia Pacific, establishing a team in Japan, and advancing its NEO platform and AI agents for enterprise integration.

According to Guru Club, Malaysia's Digital Minister announced on October 5 that the country will submit an artificial intelligence law in early 2027.

According to Guru Club, the euro fell to a 17-month low of 1.1161 against the dollar in Asian trading today, declining 0.8% as political risks in Europe weigh on investors. Spanish government officials are preparing for an early election following the ruling party's parliamentary defeat last week, with senior cabinet members and party leadership viewing an early vote as the best strategy. Concerns over French political instability and weakening fiscal constraints ahead of 2027's elections are al

According to Guru Club, Australian AI infrastructure company Firmus plans to allocate half of its IPO shares to existing investors, according to reports on October 5.

Nvidia Corp. (NVDA), Hewlett Packard Enterprise Co. (HPE), and CrowdStrike Holdings Inc. (CRWD) jumped to 52-week or annual highs last week amid analyst upgrades and sector momentum. NVDA surged to a record $237.88 on Friday as Morgan Stanley reinstated it as Top Pick for semiconductors with a $300 price target, implying 28% upside. HPE rallied to $70.29 after raising fiscal 2027 Networking revenue growth forecast to high-teens to low-20s from 5-7%, prompting Daiwa to upgrade to Outperform with

According to CME FedWatch Tool, on October 5, the probability of the Federal Reserve holding rates unchanged in October stands at 82.3%, with a 17.7% probability of a 25 basis point hike. For December, the tool shows a 17.3% probability of rates remaining steady, 68.7% probability of a cumulative 25 basis point increase, and 14% probability of a cumulative 50 basis point increase.

In the past hour, AKT surged 10.07% to $0.844, climbing from $0.767. The token also recorded a significant 24-hour price increase of 23.54%, with a market cap of $251.55 million and 24-hour trading volume of $35.84 million. The price movement reflects heightened trading activity in the token.

According to ChainCatcher, Ethereum Foundation and Open Anonymity Project have launched zkAPI on Ethereum mainnet. The system allows users to pre-deposit ETH and USDC to pay for AI and metered services while separating payment identity from requests via zero-knowledge proofs and one-time API key authorization. AI service providers can view prompts and responses but cannot identify the paying user. However, the system does not hide prompt content, and stable IP addresses, time patterns, and repea

According to Financial Times, Watsons has postponed its dual listing plans in London and Hong Kong to next year (2027).

According to Yonhap Infomax, on October 5 morning (Asia time), U.S. stock index futures advanced on weak employment data and semiconductor strength. E-mini S&P 500 index futures traded 0.14% higher at 7,788.50, while E-mini Nasdaq 100 futures gained 0.43% to 31,193.25. Technology stocks led gains, with Nvidia hitting all-time highs and the Philadelphia Semiconductor Index rising 2.4%. U.S. 10-year Treasury yield fell 1.3 basis points to 5.2610%, as weaker-than-expected employment figures eased c

According to ChainCatcher, citing analyst Darkfost, Bitcoin spot trading volume rose moderately from July lows through September, though overall recovery remains limited. Binance spot volume increased to over $50 billion in September from $42 billion in July; Bybit climbed to $19 billion from $14 billion; Kraken rose to $8 billion from $4 billion. While the increases reflect renewed trading activity, the gains remain insufficient to support Bitcoin reaching new highs without further demand growt

According to Greenfield Capital investor Jascha Samadi, on Sunday, the firm filed a supervisory complaint with Switzerland's Federal Supervisory Authority for Foundations (ESA), seeking governance reforms at Safe Ecosystem Foundation after months of unsuccessful engagement. Samadi cited Safe's underperformance relative to the broader crypto market, noting that second-quarter revenue reached $1.98 million, equivalent to an annualized run rate of $8 million, falling far short of a $20 million expe

According to BlockBeats and on-chain monitoring by Lookonchain, Huang Li-cheng ("Maji Dage") recorded two additional profitable PUMP trades on October 5. Over the past week, he has achieved 12 consecutive profitable PUMP trades, accumulating $2.14 million in total profit. His current long positions include 34,100 ETH, 456 BTC, 174,500 HYPE, and 425 million PUMP tokens, with a combined portfolio value exceeding $163 million.

According to Zhuhai Border Inspection General Station, on October 4, Zhuhai-Macau Qingwan Port recorded 150,000 daily cross-border passenger movements, surpassing the previous single-day record of 147,900 set on May 2 this year and marking an all-time high since the port's opening. The figure represents a 20% year-on-year increase and the first time the port has crossed the 150,000 daily threshold. The port has exceeded 140,000 daily passenger movements multiple times since the start of 2026, re

According to Figure founder Brett Adcock, the personal AI product Hark will launch this week, offering free access to its premium plan for the first 100,000 registered users. Adcock announced the news on X platform on October 5 and opened a waitlist for the service.

According to Eleanor Terrett, the SEC has updated its token buyback FAQ with new guidance clarifying that if no central party is involved in token buybacks, the arrangement likely does not constitute an investment contract. This clarification aims to provide crypto issuers with clearer compliance pathways and may reduce regulatory uncertainties around buyback programs.

Late Sunday, U.S. stock index futures climbed as weaker-than-expected September jobs data eased expectations for another Federal Reserve rate hike this month. As of 10:40 p.m. EDT, Dow futures gained 0.01%, S&P 500 futures rose 0.08%, and Nasdaq-100 futures climbed 0.27%. October Fed rate hike odds plummeted to 22.1% from 64.2% a week earlier, according to CME FedWatch data. Markets will closely monitor the Federal Open Market Committee (FOMC) meeting minutes, scheduled for release Wednesday aft