Gate Crypto Flash News and Market Updates

According to Farside Investors, U.S. bitcoin spot ETFs saw net inflows of $102.7 million on October 1. Over the past five trading days (September 25–October 1), cumulative net inflows reached $185.7 million, marking a return to positive flows after a single outflow day on September 30.

According to Phaside, on October 1, U.S. Ethereum spot ETFs recorded $55.4 million in net outflows. The products marked a third consecutive trading day of outflows, with cumulative outflows totaling $13.7 million over the five trading days ending October 1. Fidelity's FETH led outflows with $23.5 million, while Grayscale's ETH attracted $1.5 million in inflows.

According to Yonhapinfomax, on October 2, South Korea's Deputy Prime Minister Lee Hyung-il presided over his first market situation review meeting since taking office, with Housing and Urban Development Minister Hong Ji-sun participating for the first time. The expansion integrates housing market oversight with financial and foreign exchange market monitoring, creating a comprehensive risk management system across markets. This move aims to address interconnected capital flows between real estat

According to StockTwits, on Thursday (Oct 1), Nike (NKE), Fermi (FRMI), and DraftKings (DKNG) fell to 52-week lows. Nike declined 0.71% to $35.02 amid sales struggles in its wholesale and North American businesses. Fermi dropped nearly 4% to $3.92 due to massive cash burn and ongoing disputes with its former CEO. DraftKings slipped to $18.55 before recovering to close up nearly 2%, as Brazil's prohibition on online betting triggered a broader selloff in gambling stocks.

According to the Ethereum Foundation, zkAPI, a system built with the Open Anonymity Project, launched on Ethereum mainnet on Thursday to enable users to pay for AI and other API services while hiding their billing identities. Users deposit funds into an Ethereum vault and use zero-knowledge proofs to prove they have sufficient credit for API requests without revealing which deposits are theirs, according to Vittorio Rivabella, AI coordinator at the Ethereum Foundation's dAI team. The system issu

SpaceX's Dragon spacecraft, carrying four astronauts, docked with the International Space Station on October 1 evening EST. The spacecraft completed autonomous docking procedures upon arrival.

According to The Economist, on October 1, the British weekly warned that an unscripted summit between Donald Trump and North Korean leader Kim Jong Un could result in worst-case agreements, including a potential major withdrawal of U.S. troops stationed in South Korea. The magazine cited the Asia-Pacific Economic Cooperation summit scheduled for November 18 in China as a possible meeting venue. Key risks outlined include North Korea's demand for formal U.S. recognition of its nuclear weapons sta

According to Moody's Analytics, South Korea's core inflation eased to 2.8% in September from 3.4% in August, suggesting the central bank's recent monetary tightening is starting to ease underlying price pressures. Improved food supplies around the Chuseok holiday and weakening service-sector inflation contributed to the decline. The central bank may have room to consider another rate hike in November, supported by strong trade data, though energy costs remain a pressure point for households and

According to Weibo account Yuyuan Tantan, China and the U.S. plan to advance artificial intelligence cooperation dialogue in November, with at least three concrete areas of focus. The two countries aim to jointly explore AI risk classification and grading standards, finalize the scope, procedures, and requirements for AI risk event notifications, and place AI governance within a broader bilateral dialogue framework.

On September 30, Fervo Energy announced that its Cape Station geothermal plant began selling power to the grid, one day ahead of schedule. The first block, representing one-third of the planned 100 MW facility, is now operational, making Fervo the first enhanced geothermal operator to achieve this commercial milestone. The project was completed in just 23 months from groundbreaking to commercial operation. The full Cape Station site has potential to generate up to 4 GW, with Fervo targeting an 1

According to Bitget's official post on X, the Bitget Alliance Program distributed $1.9 million USDT to over 763,000 users within 3 days as part of its initial reward rollout.

According to officials, Vietnam's largest refinery will shut down for approximately 50 days starting in August 2027 for scheduled maintenance.

According to the African Union Commission, on October 2, the organization urged Ethiopia, Eritrea, and Egypt to exercise maximum restraint and refrain from actions or statements that could further escalate tensions and undermine regional peace and stability.

According to BlockBeats, Talus (US) surged over 60% on October 2, rising from an intraday low at 9:38 AM Beijing time to $0.037.

According to Bill Ackman, founder and CEO of Pershing Square, AI development has "significantly increased the risk of corporate disruption" in a recent interview on The Knowledge Project podcast. Ackman stated that some enterprises currently dominating their markets may eventually lose their competitive advantages and potentially disappear due to emerging technologies. He emphasized that investors must reassess how they evaluate corporate moats and competitive advantages, as AI's pace of technol

According to WuBlockchain, Fiserv has launched its digital asset platform with Roughrider Coin, a USD-backed stablecoin developed by the Bank of North Dakota, as the first use case. The platform provides access to over 90 banks and credit unions, marking a significant step in integrating stablecoins into mainstream banking.

According to Foresight News and monitoring by Lookonchain, Maven 11 sold 115,000 HYPE tokens a week ago at an average price of $93.84 per token, valued at approximately $10.79 million. With HYPE's price declining, Maven 11 bought back 40,000 HYPE tokens today at an average price of $89 per token, valued at approximately $3.56 million.

According to the Congressional Research Service (CRS) report released on September 30, U.S. banks engaging in crypto activities must meet two standards: whether the activity qualifies as or is ancillary to "banking business," and whether it affects bank safety and soundness. The report noted that the Senate version of the CLARITY Act proposes to authorize banks to conduct 11 categories of crypto-related business, differing from the House version in scope.

According to Jin10 Data, Sumitomo Mitsui DS Asset Management sold all French government bonds and reallocated funds to German debt and short-term Japanese government bonds on October 2, citing concerns over France's fiscal situation. Eurozone government bond risk premiums surged on Thursday, with French and Italian bond yield spreads widening significantly. Shinji Kunibe, chief investment portfolio manager of Sumitomo Mitsui DS's global fixed income team, stated: "French government bonds previou

According to South Korea's Ministry of Trade, Industry and Energy, exports reached $120.94 billion in September for the first time, with semiconductor shipments surging 262.8% year-over-year to exceed $60 billion. Semiconductors accounted for 49.9% of total exports. Cumulative exports from January through September totaled $814.5 billion, already surpassing last year's full-year record of $709.3 billion. The ministry forecasts South Korea will achieve its $1 trillion annual export target by Nove