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.
2026-10-06
08:45
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South Korea's 60+ Investors Surge Margin Financing by 56.8% in H1 2026, Now Account for 30% of Total

According to data obtained by South Korean parliament member Kim Hyun-jeong, investors aged 70 and above increased margin financing balances by 56.8% (approximately 8.96 trillion Korean won) in the first half of 2026, rising from 1.58 trillion won at year-end 2025 to 2.47 trillion won by June 30. Those aged 60 to 69 saw even larger growth of 42.3%, expanding from 5.02 trillion won to 7.14 trillion won. Combined, investors aged 60 and above now account for 30.4% of total margin financing across S
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08:45
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Samsung Electronics Q3 Operating Profit Forecast at 106.9 Trillion Won, Poised to Surpass 100 Trillion Won Milestone

According to F&Guide, Samsung Electronics' third-quarter operating profit is forecast at 106.9 trillion won on October 8, potentially marking its first 100+ trillion won quarterly record. The semiconductor division is expected to drive results, with DRAM and NAND ASP (average selling price) rising 17–22% and 17–20% respectively, boosted by surging AI datacenter demand. However, consensus forecasts were downwardly revised from 113.9 trillion won in August due to won strength, now hovering around
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South Korea's Deputy PM Faces Questioning Over U.S. Investment Viability and Leverage ETF Crisis on October 6

According to Yonhapinfomax, on October 6, South Korea's Deputy Prime Minister Lee Hyung-il attended a parliamentary inspection hearing where lawmakers from both ruling and opposition parties raised sharp concerns over investment initiatives and financial policy failures. Ruling party lawmaker Im Yi-ja questioned whether U.S. investment projects—including the Texas natural gas power plant—had undergone proper approval procedures if lacking commercial viability, warning of potential investigations
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08:45
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Cerebras Stock Surges 9% on October 5 After Altman Calls It OpenAI's Close Partner

Sam Altman, CEO of OpenAI, stated on October 5 (local time) that Cerebras Systems is a close partner, pushing the AI chip maker's stock up 9%. Altman's comment on X addressed speculation about the partnership following reports that OpenAI planned to use Nvidia GPUs instead of Cerebras chips for its GPT-6.1 Sol model's latest inference mode. Cerebras had declined 19.5% over five trading days to a post-IPO low of $166.43 on October 2. OpenAI and Cerebras signed a $10 billion AI chip supply contrac
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08:45
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xETFs Launches AI Bottleneck ETF on NYSE, SK Hynix Holds 10.1%, Samsung 8%

According to the financial investment industry on October 6, xETFs launched the AI Bottleneck ETF (NECK) on the New York Stock Exchange on September 23, targeting 20+ companies in AI supply chain bottlenecks across memory, optical communications, power infrastructure, and semiconductors. SK Hynix comprises 10.1% of the fund's holdings, with Samsung Electronics at 8%. Meanwhile, CSOP Asset Management listed the CSOP SolActive Asia AI Bottleneck ETF in Hong Kong on September 17, with Samsung Elect
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08:44
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South Korean Pension Funds Fill CIO Vacancies, PE Commitments Expected to Resume by Year-End

According to investment banking sources, South Korea's major pension funds including the National Pension Service, Teachers' Pension, and Korean Investment Corporation (KIC) have recently completed chief investment officer (CIO) appointments after prolonged vacancies that stalled private equity fund commitments. The National Pension Service appointed Lee Kyu-hong as head of fund operations on September 14 after nine months without a CIO, while the Teachers' Pension filled its position in July. K
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08:44
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KOSDAQ Closes at 919.92, Up 2.98% Today as It Hits 900 for First Time in 3 Months

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
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08:44
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Nasdaq Hits Record High on October 5, Nvidia Nears $6 Trillion Market Cap

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
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08:44
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Vicor Stock Hits $305.61, Up 161.5% YTD as AI Datacenter Power Demand Surges

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
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08:44
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SpaceX Stock Surges 8% to 4-Month High on Morgan Stanley's Bullish Call; Musk's Net Worth Tops $1 Trillion

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
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08:43
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Oil Supply Concerns Mount as Houthi Attacks Persist, G7 Releases 100M Barrels in October

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
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08:37
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Hong Kong Dollar Approaches 7.8500 Weak-Side Guarantee, HKMA Chief Cites Rate Differential and Stock Market Factors

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
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08:36
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Comparables.ai Raises $6 Million Seed Funding Led by Pragmatech and Araya Ventures

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.
08:35
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Spiko Completes $90M Series B Funding Round Led by NEA

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.
08:34
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Cryptocurrency Market Sees $168M in Liquidations Over Past 24 Hours

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.