Gate Crypto Flash News and Market Updates

According to reports, Alphabet signed a 20-year power supply contract with Constellation Energy, investing over $4.3 billion to upgrade existing nuclear plants and expand generation capacity by 890 MW. The additional power will begin delivery from 2028, with Google Cloud and Gemini AI integrated into plant operations and power distribution systems. AMD received a target price increase to $800 from Citi, citing expectations for a $300 billion global CPU market by 2030 as agentic AI shifts computa

According to Ray Dalio, founder of Bridgewater, the world's largest hedge fund, major overseas investors are withdrawing from the U.S. Treasury market. As of Q2 2026, foreign investors hold approximately $9.269 trillion in U.S. government bonds, representing about 32% of total outstanding debt, with Japan, the U.K., and China being the largest holders. Japan has already reduced its holdings by $12.8 billion earlier this year to defend the yen, which fell to a 40-year low. The rise in Japanese go

According to Meritz Securities on October 7, the firm raised LG Electronics' target price to 250,000 won from 220,000 won, maintaining its buy rating. The upgrade is driven by expectations around two growth pillars: AI data center cooling solutions and robotics. Meritz analyst Yang Seung-soo forecasts that LG will secure approximately 3 trillion won in backlog by year-end, with revenue conversion beginning in 2027 alongside new orders. For robotics, commercialization is expected to accelerate fr

According to E Daily, South Korea's AI cloud infrastructure company Elice Group launched its general investor subscription for KOSDAQ listing on October 7, running through October 8. The offering price was fixed at 90,500 Korean won per share, targeting total fundraising of approximately 201.1 billion Korean won with an expected post-listing market capitalization of around 1.054 trillion Korean won. Underwriters are Mirae Asset Securities and Samsung Securities, with 2.222 million shares offered

According to Meritz Securities on October 7, LG Electronics' price target was raised from 220,000 won to 250,000 won, with the research firm maintaining a buy rating. The upgrade is driven by expectations for two growth drivers: AI data center cooling solutions and robotics. Meritz analyst Yang Seung-soo said the company is expected to secure approximately 3 trillion won in order backlog by year-end, with revenue conversion and new orders expected to accelerate from 2027 onwards. In robotics, co

According to CME's Federal Reserve Watch Tool, on October 7, the probability of the Federal Reserve maintaining interest rates unchanged in October stands at 79.5%, with a 20.5% chance of a 25-basis-point rate hike. Looking ahead to December, the Fed has a 15.5% probability of holding rates steady, while the likelihood of a cumulative 25-basis-point increase rises to 68.0%, with a 16.5% chance of a 50-basis-point cumulative hike.

According to ChainCatcher, Kalshi launched perpetual US 500 futures today (October 6) with no expiration date and a daily funding fee mechanism. The platform uses futures account assets as collateral. According to The Defiant, the maximum leverage available on the contract reached 15.3x on launch day.

Chevron stated that a potential hurricane has not caused any impact to its U.S. Gulf of Mexico offshore production operations as of the current time.

Australia's AIG/PWC manufacturing performance index came in at -8.7 in September, improving from -16.6 in August, according to the index data.

Australia's AIG Performance of Construction Index fell to -34.5 in September, a significant deterioration from -6.9 in the previous month, according to AIG data.

According to Japan's Kyodo News, newly appointed Bank of Japan board member Sato expressed support for a gradual adjustment of interest rates, signaling alignment with the central bank's measured approach to monetary policy.

According to Odaily and Coinbase CEO Brian Armstrong, Coinbase for Agents has launched multiple new features in recent weeks. The platform now allows users to connect their AI agents to Coinbase to manage investment portfolios, execute trades, process payments, and handle various financial tasks.

According to Nikkei, Japan plans to open detailed banking data to external researchers as early as this fiscal year, allowing them to analyze information from major banks to identify previously undetected financial risks and improve regulatory oversight and supervision.

According to Yonhapnews, President Donald Trump said on October 6 that the U.S. has "a very strong dollar" because "we're doing a good job," adding that a strong dollar provides substantial benefits and helps keep inflation at bay. Speaking at the White House, Trump stated, "A strong dollar gives us a lot of leeway," and emphasized its deflationary impact on the economy.

Apple will release its fourth quarter earnings results on Tuesday, November 3 Beijing time, with the earnings conference call scheduled for 6 a.m. Beijing time on the same day.

According to The Kobeissi Letter, crypto card payment volume reached a record high of $12.5 billion this year, up 140% year-over-year and 247% compared to October 2025 levels, per data from paymentscan.xyz. The Kobeissi Letter attributed the growth to increased use of stablecoins as a payment channel for faster, cheaper cross-border transactions. QR code payments emerged as another key driver, with Jupiter Spend—one of the largest on-chain card providers—reporting a 55% quarter-over-quarter incr

According to Bloomberg, Energy Capital affiliates are selling 3.03 million Constellation Energy shares at $294 per share through an unregistered block trade, totaling approximately $891 million. The price represents a 2.1% discount to Constellation Energy's Tuesday closing price of $300.40. Barclays is underwriting the transaction.

According to Chainlink's official announcement, hundreds of trillions in assets are transitioning onchain, with the protocol positioning itself as critical infrastructure for this shift. The declaration reflects growing confidence in blockchain adoption from traditional financial institutions and banks.

According to the New York Mercantile Exchange, on October 6, WTI crude oil for November delivery rose $0.01 to $89.44 per barrel, while global benchmark Brent crude oil for December delivery climbed $0.26 to $100.58 per barrel. Saudi Energy Minister Abdulaziz bin Salman announced that crude oil transported through the east-west pipeline to the Red Sea export hub of Yanbu reached 5.8 million barrels per day, representing over 80% of the pipeline's 7 million barrel daily capacity. Market movement

According to the New York Mercantile Exchange (NYMEX), WTI crude for November delivery closed at $89.44 per barrel on October 6, up 0.01%, while Brent crude futures for December rose 0.26% to $100.58. Saudi Energy Minister Abdulaziz bin Salman revealed that the Kingdom's east-west pipeline connecting to the Red Sea export hub of Yanbu is currently transporting 5.8 million barrels of crude daily, representing over 80% of its 7 million barrel-per-day capacity. According to commodity trader Vitol,