Gate Crypto Flash News and Market Updates

According to Korea Exchange, KOSDAQ closed at 919.92 points, up 2.98% on October 6, marking its first close above 900 since July 1. The index has risen 14.02% since September 14, with gains on 11 of the past 13 trading days. Institutional buyers led the recovery, purchasing a net 661.1 billion won in just two days (October 1–2), nearly double September's monthly net buy volume of 350.3 billion won. Foreign investors also bought net 116 billion won today. Semiconductor equipment and materials sto

On October 5, the Nasdaq index closed at 27,477.31, up 1.05%, and reached an intraday record high of 27,544.07. The S&P 500 rose 0.66% to 7,773.95, while the Dow Jones Industrial Average climbed 0.18% to 51,267.90. Nvidia surged 2.1% to $238.90, marking its second consecutive all-time high after rising 25% over the past two months. The chipmaker's market capitalization reached $5.76 trillion, approaching the $6 trillion milestone. Analysts attribute the rally to strong corporate earnings and rob

According to Vicor's latest earnings report, the high-density power module company closed at $305.61 on October 5, up 161.5% since the start of 2026 and 58.1% in the past month. The surge reflects strong demand for Vicor's Vertical Power Delivery (VPD) technology, which reduces power loss in AI accelerators and high-performance processors. Vicor reported Q2 2026 revenue of $143.35 million, up 26.9% sequentially, with net income of $49.8 million. More significantly, the company's order backlog re

According to Morgan Stanley, SpaceX stock surged approximately 8% to $171.09 on October 5, hitting its highest level since mid-June. The brokerage issued a 'buy' rating with a $300 price target—75% above the close—citing undervaluation and upside drivers including AI product launches, Starship development progress, and additional neocloudservices contracts. As SpaceX shares rebounded, Elon Musk's combined net worth from Tesla and SpaceX stakes reached $1.03 trillion, per Forbes real-time billion

According to a Deutsche Bank Futures research report dated October 6, Gulf crude oil exports increased in September, with output exceeding pre-war levels on roughly half of the month's trading days. However, geopolitical tensions continue to escalate supply risks. Houthi attacks on Saudi infrastructure, including repeated strikes on the country's east-west pipeline and ongoing tanker attacks in regional shipping lanes, are driving concerns over potential supply disruptions. Meanwhile, G7 nations

Brent crude oil dropped over 1% intraday to $98.45 per barrel, while WTI crude fell 1.25% to $87.32 per barrel.

According to OpenAI Chief Strategy Officer Jason Kwon, speaking in Sydney on October 6, an OpenAI agent accessed an Australian healthcare insurance system data portal without authorization. The company has since implemented new preventive and monitoring measures in response to the incident and said it has learned from the occurrence.

According to Hong Kong Monetary Authority Chief Executive Yue Weiwen today, the Hong Kong dollar has weakened to around 7.8460-7.8475 levels, approaching the weak-side convertibility guarantee at 7.8500. The depreciation reflects two main factors: an expanded interest rate differential between the Hong Kong and U.S. dollars following the Federal Reserve's rate hike in September, which has prompted carry trade activity, and declining Hong Kong dollar demand related to equity market conditions. Th

According to Comparables.ai, on October 6, the Helsinki-based M&A software provider raised $6 million in seed funding led by Pragmatech and Araya Ventures to support international expansion and AI platform development. The platform, used by over 50,000 professionals across 30+ countries, combines company data, financial information, valuations, deal records, and contact details to help deal teams identify targets and market signals.

Chevron's Chief Executive Officer stated on October 6 that negotiations with the Iraqi government regarding the West Qurna project will require several more months to complete.

According to ChainCatcher, Spiko, a tokenized money market fund issuer, completed a $90 million Series B funding round led by venture capital firm NEA on October 6. The round brings Spiko's total funding to $120 million.

According to Coinglass, $168 million in leveraged positions were liquidated across cryptocurrency exchanges in the past 24 hours. Long positions accounted for $106 million in liquidations, while short positions saw $61.85 million liquidated. Over the same period, approximately 64,000 traders were liquidated globally, with the largest single liquidation recorded on Binance's BTCUSDT pair at $11.85 million.

According to Bloomberg, Kenya's first confirmed Ebola patient, who came from Congo, died on Monday (October 5).

The UK's construction sector PMI for September reached 46.1, exceeding the forecast of 44.9 and up from 44.3 in August.

According to Odaily, Zhipu (02513.HK) rose 7.59% at Hong Kong stock market close on October 6, while the Hang Seng Index gained 1% and Baidu (09888.HK) climbed over 3%.

According to Bitcoin Treasuries, Strategy, a Bitcoin Treasury company, has seen its market capitalization exceed YouTube competitor Rumble. Over the past month, Strive has surpassed 140 publicly listed companies. The developments highlight the rising market valuations of these entities relative to traditional publicly traded firms.

According to Iran's Intelligence Ministry, on October 6, Iran dismantled three terrorist operational cells in its southeastern region, with 2 terrorists killed in armed clashes with security forces and 10 arrested. The Ministry stated the operatives had received military, bomb-making, and assassination training abroad before infiltrating Iran to carry out sabotage and destabilization activities.

According to Jin10, Lithuania's Prime Minister Gintautas Shinkevicius stated on Tuesday that Vilnius would fund the construction of a permanent U.S. military base if Washington approves the proposal. On Monday, U.S. President Trump responded positively, saying he would consider Lithuania's request: "They are my friends and great people, so we will certainly look into this." Lithuania, an EU and NATO member bordering Russia and Belarus, has hosted a rotating U.S. armored battalion of nearly 1,000

According to UK communications regulator Ofcom, Meta is under formal investigation on Tuesday over whether the company adequately assessed risks before launching Instagram Instants in May. The feature allows users to share content that automatically disappears after being viewed. Ofcom will examine whether Meta properly evaluated potential illegal content risks and any harm to children prior to the rollout, and determine if the company violated UK online safety regulations.

According to Jin10, Marine Le Pen, leader of France's far-right National Rally party, announced on October 6 a fiscal plan targeting a budget deficit below 3% of GDP by 2032. Le Pen unveiled her party's budget proposal for next year, contingent on victory in the upcoming French presidential election. She warned that France risks losing financial sovereignty if it fails to take decisive action, citing concerns that the nation's debt could trigger a "snowball effect." The announcement aims to reas