Gate Crypto Flash News and Market Updates

According to a U.S. official cited by Jin10, the U.S.-Ukraine Joint Reconstruction Investment Fund finalized its first critical minerals project yesterday (October 2), bringing cumulative projects to 6 with a combined value of approximately $70 million. The inaugural minerals project will allocate roughly $30 million to BGV Group's investment platform in Ukraine, focusing on early-stage mining projects targeting critical minerals including rare earth elements, uranium, beryllium, and zirconium l

On September 29, Charles Hoskinson used X to clarify that he holds no official executive position within the decentralized Cardano network and bears no responsibility for adoption rates. "I am not accountable for Cardano adoption. Full stop," he stated, emphasizing that his role is limited to serving as CEO of Input Output Global (IOG), the engineering firm that built Cardano's original codebase. Cardano's governance structure, controlled by community-elected delegates (DReps) through on-chain v

According to the U.S. Bureau of Labor Statistics (BLS), on October 2, the bureau revised job gains downward by 60,000 for July and August, citing additional business reports and seasonal recalculations. The earlier, more optimistic figures had been key factors in the Federal Reserve's September 16 interest rate hike, the first in three years. September's employment report revealed only 29,000 jobs added against a forecast of 84,000, with the unemployment rate rising to 4.2%. The BLS initially re

According to Bloomberg, Goldman Sachs is earning hundreds of millions in performance fees from SpaceX clients' early-stage stakes following the company's June 2026 IPO at a $1.77 trillion valuation. Goldman arranged the early investments for wealthy clients more than five years ago, when SpaceX's valuation stood in the hundreds of billions. The bank's investment banking team separately earned approximately $100 million in advisory fees for managing the IPO, underscoring dual revenue streams from

Nvidia has approved a record $150 billion increase to its share repurchase program on October 2, lifting its remaining buyback capacity to $235 billion, which the company expects to use through fiscal 2028. The company called this the largest share-repurchase authorization increase in history. The move reflects Nvidia's strong cash generation amid extraordinary growth. In fiscal Q2, the company reported revenue of $96.2 billion, up 106% year over year, with Data Center revenue climbing 117% to $

XRP price gained over 45% in Q3 as U.S. spot XRP ETFs attracted approximately $307.9 million in inflows. The token entered October near $1.50 after repeated failures to sustain advances around $1.70. Cumulative ETF inflows reached approximately $1.8 billion, but the buying has yet to establish a higher clearing price, according to market analysis. Seven-day altcoin inflows to exchanges reached their highest level since October 2025, with CryptoQuant noting the increase appeared broad rather than

According to a Houthi spokesperson, Saudi Arabia conducted 94 airstrikes and missile attacks on civilian facilities across six Yemeni provinces in the past 24 hours on October 1. The strikes targeted Sanaa, Saada, Taiz, Hajjah, Amran, and Ibb, resulting in civilian casualties. The airstrikes were carried out by F-15 and Typhoon fighter jets from the Khamis Mushait and Taif bases, while missile strikes originated from Najran and Jizan. Since the escalation of the conflict, Saudi Arabia has launch

According to the Blast team statement on X on Oct. 1, the Ethereum layer-2 network is shutting down, citing operating costs that exceed revenue with no credible path to sustainability. Users must withdraw their assets by Oct. 26 through Blast's interface; after that date, funds remain accessible only by interacting directly with Blast's bridge contracts on Ethereum. The network previously held over $2.3 billion in total value locked at its peak in early 2024. Blast joins Zero Network and Silicon

According to ChainCatcher, on October 2, SpaceX completed 3 Falcon rocket launches, 4 first-stage landings, and docked its Dragon spacecraft with the International Space Station within 13 hours, marking the company's 21st crewed mission.

According to the Intercontinental Exchange (ICE), gasoline speculators reduced their net long positions by 16,978 contracts for the week ended September 29, bringing the total to 73,853 contracts.

According to Intercontinental Exchange data, as of the week ending September 29, speculators reduced their net long positions in Brent crude oil by 13,812 contracts, bringing the total to 204,302.

According to NEAR Intents General Manager Alex Shevchenko on X on October 3, the $3.8 million stolen in a previous attack on NEAR Intents has been fully returned. The team will halt its investigation and has called on relevant parties to report security issues through the vulnerability bounty program rather than attacking the service.

Ahead of Brazil's closely contested presidential election, investors are increasingly turning to derivatives to hedge exposure rather than making direct bets, according to Gramercy Funds Management. The largest exchange-traded fund tracking Brazilian stocks has seen a sharp surge in options trading as markets prepare for potential currency volatility in the Brazilian real. Gramercy's sovereign research co-head expects "market reactions could be dramatically different" depending on the election o

According to FinanceFeeds, Tether's USDT stablecoin is returning to Bitcoin this month through infrastructure provider Utexo, more than a decade after initially shifting activity to Ethereum and Tron. Utexo co-founder Viktor Ihnatiuk said the company obtained a commercial license to issue USDT on Bitcoin using the RGB protocol, which anchors assets to Bitcoin while keeping transaction data off the public blockchain. USDT remains the world's largest stablecoin with a market capitalization of appr

According to Jin10, Chicago Federal Reserve Chair Austan Goolsbee said on October 3 that the latest employment data shows the U.S. labor market remains stable, though inflation remains the Fed's more important policy priority. Regarding whether the Fed should continue raising rates or pause this month, Goolsbee stated that 'any option has sufficient rationale on the table,' and expressed hope to see more evidence that inflation is heading toward the Fed's 2% target.

According to CoinDesk, BNY, one of the world's largest custody banks, is in talks with Payward, the parent company of crypto exchange Kraken, on a broad partnership covering digital assets and financial market infrastructure. The potential agreement could span crypto products, custody, wealth management, trading, payments, and infrastructure, with services delivered through Payward Services. Negotiations are ongoing with no guarantee of a deal, and both parties declined to comment. The discussio

On Friday, Nvidia shares reached a record $237.88 in morning trading, lifting the chipmaker's market value to roughly $5.7 trillion, the largest of any company. It marks the chipmaker's first record high since May. Nvidia's board added $150 billion to the company's share buyback authorization on September 28, bringing the total to $235 billion through fiscal 2028. Separately, U.S. employers added just 29,000 jobs in September against forecasts near 90,000, cooling bets on a Federal Reserve rate

According to Semafor, Meta Platforms has laid off employees from Virtue AI that it hired in June. The company had onboarded the Virtue AI staff as part of a broader hiring initiative earlier this year.

According to Reuters, investors poured $20.6 billion into U.S. equity funds during the week through September 30, while withdrawing $41.36 billion from money-market funds, marking a sharp rotation toward risk assets. Large-cap funds accounted for $19.33 billion of the equity inflows, marking the second consecutive positive week. This represents a stark reversal from late August, when investors pulled $22.3 billion from equity funds amid rising yield concerns.

According to Russia's Defense Ministry, the country's air defense forces shot down 209 Ukrainian unmanned aerial vehicles in a single day. The statement did not specify the exact date of the claim.