Gate Crypto Flash News and Market Updates

According to XRP commentator Vincent Van Code, the token could reach $100 within three years, with market conviction building gradually through a "saw tooth" pattern rather than being priced in immediately. XRP closed at $1.49 on Oct. 4 with a market capitalization of roughly $94 billion, according to CoinCodex. At the current circulating supply of 63 billion XRP, a $100 price target would imply a market cap of approximately $6.3 trillion, significantly larger than previous bull-market performan

According to Iranian media, explosions were reported near Qeshm Island today (October 4).

According to an Arabia TV interview, Saudi Arabia's Capital Market Authority chief Mazen Al-Sudair said the regulator is in talks to modify the foreign ownership limit on local stocks. "We have taken action and are pushing this work forward," he stated. The CMA is coordinating with other government agencies and industry regulators to reach a consensus on the new ownership threshold, Al-Sudair added, noting the authority does not want to propose a specific percentage only to revise it later.

According to Hyperliquid News, on October 3, Hyperliquid Strategies purchased 1.9 million HYPE tokens worth $167.2 million. The Nasdaq-listed treasury company now holds approximately 37 million HYPE tokens valued at around $3.26 billion, along with $292.6 million in cash reserves.

According to Israel Airports Authority, the first civilian aircraft carrying stranded Israeli passengers landed at Ben Gurion Airport near Tel Aviv early on October 3, after departing Dubai on October 2. The flight was operated by Arkia Israeli Airlines.

Next week, China will release September foreign exchange reserves and M2 on Wednesday and Friday, respectively. The U.S. will publish multiple economic indicators including PMI, ADP employment, and EIA crude oil inventory throughout the week. The Federal Reserve will also release minutes from its September monetary policy meeting on Thursday.

Anchorage Digital has cut 17% of its workforce this week, according to people familiar with the matter, roughly eight months after Tether made a $100 million strategic investment that valued the company at $4.2 billion. CEO Nathan McCauley informed employees of the reductions, though the company did not publicly disclose the exact number of affected staff. Based on McCauley's February 2025 testimony to the Senate Banking Committee citing approximately 400 employees globally, the 17% reduction wo

According to Foresight News, Strive CEO Matt Cole posted on social media today, suggesting the company may increase its Bitcoin holdings. Cole's message, 'Strive for Amplified Bitcoin,' indicates the bitcoin treasury company's potential expansion plans.

According to Seoul Southern District Court on October 2, the court approved a provisional suspension of delisting decisions for KOSPI-listed Juyeon Tech and KOSDAQ-listed KM Pharma. The court found that accelerating market capitalization requirements—from the originally planned 2027 implementation to July 2026—violated proportionality principles and predictability. KOSPI market cap standards rose to 300 billion won while KOSDAQ standards increased to 200 billion won. The court also determined th

According to Coinglass data, network-wide liquidations totaled $54.31 million in the past 24 hours, with long positions accounting for $19.59 million and short positions $34.71 million. The largest single liquidation occurred on Binance's ETHUSDT pair, valued at $3.39 million.

According to Jin10, Iran's Foreign Ministry spokesman Baghaei said on October 4 that Iran is willing to push Yemen's Houthi forces and Saudi Arabia to resolve conflicts through dialogue. Baghaei stated that escalating economic blockades and bombing are not solutions to the Yemen issue. He added that the Houthis and Saudi Arabia should conduct talks based on a previously agreed peace roadmap, and that Iran is "willing to provide all assistance to advance this process."

According to Elon Musk, Tesla's Robotaxi service in Austin extended operating hours until 11 p.m. on Saturday, October 3. Musk, posting on X platform, stated the company is working to address challenges in identifying pets in low-light conditions at night. "Simply put, we're trying to prevent gray cats on gray asphalt from being hit in the dark," Musk wrote. He noted that AI-based photon counting analysis could help maintain visual detection in dim conditions, though he did not commit to achievi

President Trump posted on Truth Social on October 4, urging Republicans to win the 2026 midterm elections. He called on supporters to vote through all available methods, including early voting, absentee voting, mail-in ballots, and in-person voting, saying they must "overwhelm" what he called the "radical left Democrats."

According to Jin10, Australia entered daylight saving time on October 4, with financial market trading hours and economic data release times advancing one hour compared to standard time.

Smart ring maker Oura delayed its initial public offering on Tuesday despite signaling strong demand for its products, citing "uncertainty in the IPO market" as the reason. However, analysts expressed skepticism about the stated rationale. "Them jumping out of this IPO is kind of weird," said Anshel Sag, principal analyst at Moor Insights & Strategy, suggesting the company may be facing undisclosed challenges. The postponement comes as AI wearables from Meta, Apple, and OpenAI face mounting priv

According to the New York Times, Binance founder CZ witnessed an Iranian missile strike on the UAE in early 2026 while residing in Abu Dhabi's Saadiyat Island. CZ observed a smoke trail in the sky from his residence near the Persian Gulf and returned to work without excessive concern, noting that traffic accidents cause more fatalities than missile strikes and citing the region's strong security infrastructure.

According to Musk's social media post, TSMC is exploring potential collaboration with SpaceX and Tesla on the Terafab project and considering Terafab as a key customer for its future Texas wafer fabrication facility. Musk responded that discussions remain in early stages but "there could be progress." The chipmaker and Elon Musk's companies have not yet finalized any partnership terms.

According to Business Insider, Edward Jones CEO Penny Pennington said recently that U.S. stocks remain supported by strong economic growth and AI investment enthusiasm, despite 10-year Treasury yields surging to 5.3%, near 24-year highs. The market is climbing the wall of worry, with equities showing resilience despite bond selloffs. The optimism is underpinned by solid economic fundamentals. The Atlanta Federal Reserve's latest GDPNow forecast predicts U.S. third-quarter economic growth of 3.7%

According to Solana, the platform generated $365 million in app revenue during Q3 2026, marking a 42.6% increase quarter-over-quarter and maintaining its lead in app revenue for the tenth consecutive quarter. Solana's tokenized-equity holders reached an all-time high of 1.2 million. The platform's growth is supported by major integrations, including Fiserv's digital asset platform launched on Solana, which connects over 90 banks and credit unions and facilitates Roughrider Coin transfers across

According to Alex Shevchenko, general manager of Near Intents, the cross-chain swap service recovered the full $3.8 million stolen in Thursday's exploit on Friday. The recovery followed Shevchenko's public message to the attacker stating "We have identified you, sir" and giving them a 48-hour deadline to return the funds. An on-chain message attributed to the exploiter acknowledged the wrongdoing, saying "we were in the wrong," and urged others to use bug bounties instead of exploiting vulnerabi