Gate Crypto Flash News and Market Updates

Dronin Holdings (00179) issued a profit warning on October 9, expecting H1 net profit of $50-58 million, compared to $133 million in the same period last year, representing a decline of 56-62 percent. The company projected H1 revenue to remain largely flat year-over-year. The decline was primarily driven by foreign exchange headwinds. The prior year period benefited from significant forex gains, whereas the current H1 saw no comparable gains. Total forex-related impacts were estimated to reduce

Shanghai Futures Exchange announced on October 9 that effective from the close of trading on October 12, 2026, margin requirements and price limits for fuel oil and bitumen futures contracts will be adjusted. For fuel oil contracts FU2612 and FU2701, price limits are set at 16%, with hedging margin at 17% and general trading margin at 18%. For bitumen contracts BU2610, BU2611, BU2612, and BU2701, price limits are set at 12%, with hedging margin at 13% and general trading margin at 14%.

France's National Assembly Finance Committee approved proposals this week to tax conversions into fiat-pegged stablecoins, effective Jan. 1, 2027, according to Amendment I-CF1826 adopted Wednesday. The amendment, submitted by MP Nicolas Sansu, treats such swaps as taxable events, with gains calculated using the acquisition cost of disposed assets. The full Assembly is scheduled to examine the 2027 Finance Bill on Oct. 13. A second amendment adopted Wednesday allows investors to carry forward rea

According to Coinglass data, Binance recorded net outflows of 31.38 million USDT in the past hour.

According to Slovakia's Economy Minister Sakova, the country has secured sufficient natural gas supplies through long-term and short-term contracts with Russian Gazprom, as well as storage reserves, to cover the 2026/2027 winter season.

According to Shanghai Futures Exchange, effective October 12, 2026, the exchange adjusted limit-up and limit-down price ranges and margin requirements for fuel oil and petroleum bitumen futures contracts. Fuel oil futures FU2612 and FU2701 will have a price limit range of 16%, with hedge position margins at 17% and general position margins at 18%. Petroleum bitumen futures BU2610, BU2611, BU2612, and BU2701 will have a price limit range of 12%, with hedge position margins at 13% and general posi

According to CryptoQuant analyst MACD, on October 9, Bitcoin fell from its October 5 high of $87,027 to a low of $80,404, representing a pullback of 7.61%. This decline is close to the average correction of 7.58% observed during bull market cycles from 2022 to 2025, but remains below the overall historical average correction of 14.39%. If applied to the recent peak, the historical average would correspond to a price level of around $74,500.

According to CoinDesk, on October 9, the UK Foreign Office announced a new round of sanctions against crypto platforms suspected of helping Russia circumvent restrictions. The sanctioned entities include Xeltox Enterprises, which operates Cryptomus, Heleket, and Certa Payments, as well as Kyrgyzstan-based exchange TokenSpot and payment services Processing KG and Tsunami Payments. The Foreign Office stated that at least two of the targeted platforms previously processed transactions linked to the

According to Foresight News, Bybit added six perpetual futures contracts for traditional finance assets today, including Breakwave Tanker Shipping ETF (BWET), StablecoinX (USDEX), Viking Therapeutics (VKTX), T-Rex 2x Long BMNR ETF (BMNU), MP Materials (MP), and United Microelectronics Corporation (UMC). All contracts support maximum 25x leverage. The TradFi perpetual futures expansion allows traders to gain exposure to traditional market assets directly on Bybit's platform.

According to Foresight News, citing growthepie data, Ethereum mainnet generated $18.52 million in revenue over the past 30 days, representing a 61% increase compared to the previous month. Robinhood Chain, Base Chain, Polygon PoS, and Arbitrum One followed with revenues of $8.91 million, $4.57 million, $2.29 million, and $683,300 respectively during the same period.

According to Slovakia's Economy Minister, the national gas company SPP has completed its winter preparations with gas storage reserves of 17.5 terawatt-hours (TWh).

According to Belgian media, approximately 140 flights were canceled on October 9 due to union-led protest activities.

According to ChainCatcher, China's central government recently issued guidance on developing new productive forces, calling for deep integration of the real economy and digital economy. The policy emphasizes establishing systems for data ownership, market transactions, and benefit distribution, while implementing data element pilot projects and optimizing national data infrastructure. Key measures include promoting digital transformation in manufacturing, building a nationwide integrated computi

According to Guru Club, Kioxia unveiled its first E1.L QLC SSD on October 9, featuring eighth-generation BiCS FLASH memory designed for high-density 1U servers. The LD4 series targets read-intensive storage applications and hyperscale data centers seeking to maximize storage capacity within limited server space as artificial intelligence and data demands grow. The company's LD4 series SSD is currently undergoing sample testing.

According to PANews on October 9, China's central government released guidance on developing new productive forces, implementing a comprehensive 'AI Plus' initiative. The policy aims to transform traditional industries through AI applications, accelerating deployment of intelligent connected vehicles, AI-enabled smartphones and computers, and humanoid robots. It emphasizes breakthroughs in foundational AI theory and core technologies, while strengthening computational power and data infrastructu

Kore.ai has now generally made available its Autoloop tool as part of the Artemis edition of its Agent Platform. The tool is designed to evaluate and optimize AI agents based on business goals, automatically adjusting them from draft to production. Autoloop measures agents against targets such as task completion and policy compliance, while StateTrace provides visibility into agent actions and ABL enables necessary adjustments.

According to CryptoQuant data, XRP whale dominance across centralized exchanges declined 27% to 46.7% on October 8, down from 82% on September 29. The whale-versus-retail outflow spread fell 17.3 percentage points over eight days. Binance and Upbit combined saw approximately 104.7 million XRP leave their reserves between late September and early October, with Binance losing roughly 73.1 million XRP and Upbit shedding 31.6 million XRP.

According to CoinShares, digital asset fund inflows have slowed markedly this week, totaling about $11.1 billion since mid-July. The 10-year U.S. Treasury yield has surpassed 5.3%, nearing multi-decade highs. The market-implied probability of an October Federal Reserve rate hike declined from 71% to 23%.

According to ChainCatcher, China's central government and State Council issued guidance on developing new quality productive forces, supporting qualified tech enterprises in listing and financing. The policy also optimizes merger and acquisition, and equity incentive systems for tech companies, while expanding financial innovation products and encouraging angel investment, venture capital, and private equity investment.

According to Zhitong Finance, Zhongrong Property (06158) reported cumulative contract sales of approximately RMB 3.101 billion for the nine months ended September 30, 2026, representing a year-over-year decline of 5.69%. Contract sales area reached approximately 188,500 square meters, with an average selling price of around RMB 16,500 per square meter.