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.
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22:52
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Mizuho Raises Target Prices for AMD, Intel, Others on $209B AI Agent CPU Market Surge to 2030

According to Mizuho Securities analyst Vijay Rakesh, AI agent-specific CPUs will drive massive demand for server processors, spurring upgrades to semiconductor and server equipment manufacturers. The firm raised target prices for AMD (to $705 from $580), Dell (to $650 from $600), Intel (to $114 from $92), SanDisk (to $2,050 from $1,875), and Super Micro Computer (to $43 from $35), while maintaining "Outperform" ratings on Nvidia and Micron. Mizuho projects the global server CPU market will expan
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22:51
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FCC to Vote on Auctioning 25MHz Spectrum for Satellite D2D Services on October 29

According to the FCC, the agency will vote on October 29 to auction 25 megahertz of "golden spectrum" for direct-to-device (D2D) services connecting satellites to smartphones. The vote will also address opening an additional 482 megahertz for supplemental satellite coverage and updating D2D service regulations. The proposals could benefit SpaceX and Amazon, which are expanding D2D services through satellite networks.
22:49
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Samsung Electro-Mechanics Opens 3-Year Growth Cycle on AI Server MLCC Orders Worth 4 Trillion Won

According to Yuanta Securities, Samsung Electro-Mechanics (009150) is set to enter a robust three-year growth cycle driven by expanded AI server multilayer ceramic capacitor (MLCC) orders and semiconductor packaging substrate capacity expansion, the brokerage forecast on October 8. The company's 2027 operating profit is projected at 4.89 trillion Korean won, representing a 121.6 percent increase from 2026, with operating margin rising to 25.8 percent. Yuanta maintained a buy rating with a 2.3 mi
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22:49
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LS Securities Raises Cosmax Target Price to 400,000 Won on Strong Q3 Growth Outlook

According to LS Securities analyst Orin A on October 8, the brokerage raised its target price on Korean cosmetics contract manufacturer Cosmax (ticker: 192820) from 350,000 won to 400,000 won, a 14.3% increase. The upgrade reflects expectations for record third-quarter results driven by strong order flows in both Korea and the U.S., with the Korean division forecast to see 46% revenue growth year-over-year, exceeding prior guidance of 35-40%. The U.S. division is projected to grow over 70%, with
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22:49
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Samsung Electronics Misses Q3 Profit and Revenue Targets

Samsung Electronics reported third-quarter operating profit of 107.4 trillion Korean won, falling short of analyst expectations of 108.67 trillion won. Q3 sales reached 195 trillion won, below the forecasted 201.9 trillion won.
22:46
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Hang Seng Index ADR Falls to 24,092.84, Down 0.16% on Wednesday

According to ZhiTong Finance APP, the Hang Seng Index ADR declined on Wednesday (October 8), closing at 24,092.84 points, down 37.66 points or 0.16% from Hong Kong's close. Major blue-chip stocks also retreated: HSBC Holdings fell 1.88% to 147.081 HKD, while Tencent Holdings declined 0.20% to 419.773 HKD.
22:45
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RebioGen Submits RBD3133 IND Application for Obesity Treatment in EU

According to a company announcement, RebioGen (06938) has submitted an investigational new drug (IND) application to the European Union for RBD3133 injection, an INHBE-targeting siRNA product for treating overweight and obesity. RBD3133 is designed to selectively silence INHBE, a gene encoding activin E protein. The company indicated that human genetic studies show individuals carrying loss-of-function INHBE variants have healthier fat distribution, improved metabolic features, and lower estimat
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22:43
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Sangsangin Securities Raises Inbody Stock Target Price to 85,000 Won on October 8

According to Sangsangin Securities on October 8, Inbody's stock target price was raised from 75,000 won to 85,000 won, with an investment rating of 'buy' maintained. The brokerage estimated Q3 2026 revenue growth of 22.2% year-over-year to 73.1 billion won, with operating profit up 47.8% to 14.5 billion won. Body composition analyzer exports, which accounted for 70.8% of first-half revenue, are estimated to have grown 27% in Q3 to 47.9 billion won, driven by U.S. and European markets and consume
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22:43
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Korean Exchange Maintains Trading Halts for 8 Companies on Oct 8, Including 3 in Liquidation

According to Yonhap Infomax, on Oct 8, the Korean Exchange decided to maintain trading halts for 8 companies that were previously delisted due to insufficient market capitalization, including Juyeon Tech, Shilla ESG, Gold&S, KM Pharma, Fintel, SHD, Sejin T&S, and A.F.W. Of these, three companies—SHD, Sejin T&S, and A.F.W—had their trading suspended during liquidation proceedings. The exchange is awaiting the results of a court appeal regarding the delisting suspension before determining conditio
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22:43
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DB Securities Raises LG Electronics Price Target to 265,000 KRW, Backs 46% Operating Profit Growth

According to DB Securities, on October 8, the brokerage maintained a "buy" rating on LG Electronics and raised its price target to 265,000 Korean won from 245,000 won previously. The firm's separate operating profit (excluding LG Innotek) in the third quarter is estimated at 701.2 billion won, up 46.2% year-over-year, largely meeting expectations. DB Securities analyst Jo Hyun-ji noted that consecutive quarters of strong profit growth continued despite challenging market conditions across busine
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22:42
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SEC Approves 3x Leveraged ETFs for Bitcoin, Ethereum, and Gold

According to commentator James Seyffart, the SEC has recently approved 3x leveraged ETFs that include Bitcoin, Ethereum, and gold. The approval enables daily leveraged products designed to amplify market movements, allowing institutional investors to gain leveraged exposure to these assets.
22:41
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BaiBai Now Integrates 0x API for Enhanced Trade Pricing

According to CryptoTwitter commentator @Route2FI, BaiBai has officially integrated with the 0x API, enabling users to access better price quotes through existing trading apps. The integration allows trades to be routed through BaiBai whenever it offers more favorable pricing. Market makers now compete for trades using real-time on-chain quotes, which could improve execution prices and create a more efficient trading environment for users.
22:40
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Trump Says Russia Plague Not Biological Weapon, Plans Putin Call Wednesday

According to CNBC, President Trump said on Wednesday (October 7) that the U.S. does not believe a Russian lab worker's death from suspected plague is a biological weapon. Trump stated he plans to call Russian President Vladimir Putin later today on Putin's 74th birthday. Russia's Irkutsk region has placed approximately 200 people under medical observation following suspected plague exposure, with a female staff member at a plague research facility confirmed dead.
22:37
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U.S. 30-Year Treasury Yield Hits 5.73% Overnight, Highest Since 2002; S&P 500 Falls

According to Market Signal, U.S. long-term Treasury yields surged overnight, with the 30-year yield reaching 5.73%, the highest level since 2002, and the 10-year yield climbing to 5.36%. The rise triggered broad-based selling in U.S. equities, with all three major indices closing lower. Growth stocks and semiconductor shares led the decline as investors locked in gains. The September Federal Open Market Committee (FOMC) minutes released yesterday indicated the possibility of additional rate hike
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22:37
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KT&G's Q3 Operating Profit Hits Record 496.8B Won, Up 6.7% on Overseas Sales

According to KB Securities, South Korean tobacco company KT&G's third-quarter operating profit is projected to reach 496.8 billion won, up 6.7% year-on-year, marking a quarterly record. Revenue is expected at 1.94 trillion won, up 6.1%. Overseas cigarette sales are driving growth, with sales projected to rise 12% from the prior year, driven by increased volume and higher average selling prices in former Soviet republics and Africa. Domestically, cigarette sales are expected to decline 4.1% due t
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22:37
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KT&G's Q3 Operating Profit Hits Record 496.8 Billion Won, Driven by Overseas Sales Growth

According to KB Securities, KT&G's third-quarter operating profit is expected to reach 496.8 billion won on a consolidated basis, marking a record high and representing a 6.7% year-over-year increase. Revenue is projected at 1.94 trillion won, up 6.1% annually. Overseas cigarette sales grew 12%, with volume increases of 6.4% and average selling prices rising 5.3%, reflecting expansion in former Soviet nations and Africa. Domestic cigarette revenue is expected to decline 4.1% due to lower sales v
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22:37
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NH Investment & Securities Raises DL Inc. Price Target to 95,000 Won on October 8

According to NH Investment & Securities, the firm raised its price target for DL Inc. to 95,000 won from 81,000 won on October 8, maintaining a buy rating. The upgrade reflects confidence in the company's solid housing business profitability and expanding new business portfolio including data centers and small modular reactors (SMRs). Analyst Lee Eun-sang noted that DL Inc. is executing a 300-megawatt AI data center project in Dangjin, Chungcheongnam-do, with recognition of approximately 1 trill
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22:34
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New Constructs Calls Anthropic's $2 Trillion IPO 'Most Ridiculous of 2026,' Values Firm at $150B

According to New Constructs, an independent financial research provider, on Tuesday the firm called Anthropic's upcoming initial public offering the "most ridiculous IPO of 2026." While Anthropic is targeting a potential $2 trillion market cap on Nasdaq, New Constructs values the AI company at merely $150 billion. To justify its $2 trillion valuation, Anthropic would need to record double the trailing year profit of Nvidia, which posted net income of $190 billion over the past four quarters. By
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