Gate Crypto Flash News and Market Updates

According to Yemeni military sources, Yemen's government forces launched a strategic offensive against the Houthi-controlled capital Sanaa on October 5, attacking from northern, western, and southern fronts. The Houthis currently hold Sanaa and much of northwestern Yemen, where the majority of Yemen's population resides.

According to mpost.io, MEXC and Payward announced today, October 5, their intent to explore a broader collaboration between the two trading platforms. MEXC CEO Vugar Usi Zade and Payward Co-CEO Arjun Sethi will discuss the partnership during a panel on the MEXC Stage at TOKEN2049 Singapore on October 7 from 12:30 to 13:00. The discussion will cover how exchanges can better serve users across evolving global markets, including the convergence of crypto and traditional finance, the role of AI in t

ONE token's price surged 10.57% to $0.002447 in 60 minutes, with 24-hour trading volume reaching $4,165,699.36. The token gained 13.39% over the past 24 hours, with its price moving from $0.002213 to $0.002447. The high-volume price movement suggests increased interest in the token as traders respond to network activity developments.

According to Foresight News, GTC surged over 80% in 24 hours, trading at $0.2216 on October 5. Gitcoin founder Kevin Owocki announced the project restart initiative on October 1, formally naming it Techne.

Maoyan Entertainment (01896) announced today that its board of directors has authorized a share buyback program effective from October 5 through the date of the company's next annual general meeting in 2027. The company will repurchase shares at an aggregate cost not to exceed approximately HK$250 million using its existing cash reserves and free cash flow.

According to media reports, Slovakia's government has approved the 2027 budget proposal, with a projected deficit of 4.94% of GDP.

Vaxcyte surged over 85% in premarket trading today after the biopharmaceutical company announced its pneumococcal vaccine candidate achieved its primary endpoint in a late-stage clinical trial.

According to Jin10, South Korea's Joint Chiefs of Staff announced final investigation findings on October 5, confirming that North Korean anti-personnel mines laid south of the Military Demarcation Line caused the blast. The incident occurred on September 21 in the demilitarized zone on the South Korean side, injuring three soldiers, two of them seriously. South Korean and UN Command personnel conducted joint field investigations from September 26 to 29, recovering additional North Korean-laid r

According to Scott Achenbach, COO of REX Financial, in a recent interview with Asia Economy, leveraged investment products should not be held for prolonged periods due to structural risks. Analysis from REX Financial shows single-stock leverage products in the U.S. market average just two days holding period, with index-based leverage products held for three to four days. Achenbach emphasized that holding leverage products designed for short-term volatility exposure for a week or longer poses si

According to Bank of America on October 5, the bank raised its Coinbase price target from $174 to $203 while maintaining a Buy rating. The adjustment reflects expectations for increased stablecoin revenue following the Federal Reserve's rate decisions, prompting the bank to raise its 2027–2028 earnings per share (EPS) guidance for Coinbase.

According to MBN News, South Korea's three major banks—KB Financial, Shinhan Financial, and Hana Financial—spent over 120 billion won (approximately $90 million USD) on information security in 2025 but remained vulnerable to recent AI-driven hacking attacks, the Financial Supervisory Service disclosed yesterday. Large banks fortified core financial systems yet left auxiliary platforms such as business support systems exposed, which attackers exploited by combining brute-force credential stuffing

According to DefiLlama, XRP Ledger stablecoin capitalization reached approximately $1.33 billion on Oct. 3, after increasing 14.6% over seven days. The network added roughly $169 million during the period. Ripple's RLUSD accounted for about 93% of all XRPL stablecoin value, with approximately $1.24 billion on the ledger. RLUSD's total circulating supply surpassed $2.4 billion globally, backed by over $2.53 billion in reserves.

According to AMRO, on October 5, the organization cut its 2026 Philippine GDP growth forecast to 3.3% from 4.1%, and its 2027 forecast to 4.6% from 5.5%. AMRO chief economist Dong He cited the Middle East energy shock and a slowdown in public investment linked to flood control corruption allegations as key drivers. He emphasized that recovery depends on how quickly public investment and construction-related activities can accelerate.

According to Reuters, the US Senate rejected the Ratepayer Protection Act on September 30, falling three votes short of the 60 required to pass the bipartisan bill, which ended 57-43. The legislation, introduced by Senator Jon Husted, aimed to establish a federal standard directing states and Public Utility Commissions to consider whether data centers should cover the incremental costs of energy infrastructure serving them. Opponents, primarily Democrats, labeled the bill "toothless" for its non

According to Arkham on-chain data, Morgan Stanley added approximately 83 Bitcoin through its spot Bitcoin ETF MSBT, bringing total holdings to 10,519 BTC valued at approximately $903 million.

According to Arkham's announcement on X, Morgan Stanley's Bitcoin ETF (MSBT) holds 10,519 Bitcoin, valued at $904 million. MSBT began trading on NYSE Arca in April, and Arkham said it identified and publicly disclosed the ETF's on-chain address within a week of the launch.

According to Britain's Unite union, Wood Group strike action is scheduled for October 6-7, with further protests set for October 20-21 and November 3-4.

According to ChainCatcher, Morgan Stanley strategists led by Michael Wilson said that U.S. stock valuations have declined sharply since early summer, raising investment appeal in certain market sectors. The capital goods sector stands out, with earnings expectations seeing the most significant upward revisions. The team projects S&P 500 constituents will see a 25% year-over-year earnings growth in the third quarter.

According to Jin10, on October 5, Israeli Prime Minister Benjamin Netanyahu delivered remarks at a ceremony commemorating the third anniversary of the October 7 conflict, reiterating hardline military positions toward Gaza and Lebanon while issuing direct threats to Iran. Netanyahu stated Hamas cannot return to rule Gaza and that Israel will continue operations against those involved in attacks and hostage-takings. He also vowed that Israeli military operations against Hezbollah in Lebanon will

According to Coinglass data cited by BlockBeats, on October 5, funding rates across major CEX and DEX platforms showed weakened bearish sentiment as Bitcoin strengthened. Funding rates, which reflect the balance mechanism between perpetual contract prices and underlying asset prices, serve as a gauge of market sentiment; rates below 0.005% typically indicate bearish positioning.