Gate Crypto Flash News and Market Updates

According to BlockBeats, on October 5, StonkFun announced it has distributed over $90 million in cumulative rewards to token holders. On October 4, the platform generated $590,268 in revenue, with $353,601 allocated to token buyback and 1.79 million STONK burned.

According to CCTV News, three-part documentary "The Annihilation of Myanmar Northern Telecom Fraud" will premiere tonight at 6 p.m. on CCTV's main channel, with repeats at 9:30 p.m. on CCTV News Channel through October 7. Co-produced by China's Ministry of Public Security and China Media Group, the series documents law enforcement's dismantling of criminal syndicates including Myanmar's "Four Major Families." The three episodes cover the telecom fraud ecosystem, cross-border manhunts, and joint

According to Coinglass data cited by ChainCatcher, the Crypto Fear and Greed Index currently stands at 71, up 7 points from yesterday. The index, which measures market sentiment on a 0-100 scale, is in greed territory. The 7-day average stands at 70, while the 30-day average is 67.

India's Finance Minister recently said the United States is seeking to reduce its trade imbalance through means beyond negotiation, describing tariffs as weaponized despite the existence of formal trade frameworks. The comments reflect growing tensions over U.S. trade policy and its impact on bilateral relations.

According to CNBC on October 4, JP Morgan recommended American Express, Thermo Fisher Scientific, and Liberty Energy as its October stock picks. American Express was designated as a value play, citing strong dividend policies and share buybacks despite a 18% year-to-date stock decline. Thermo Fisher and Liberty Energy were selected as growth stocks. Thermo Fisher, a medical and life sciences equipment company, benefited from U.S. government support for domestic pharmaceutical manufacturing and A

Spot gold fell intraday on October 5, breaking below $4,130 per ounce with a decline of 0.22%.

According to Bloomberg Industry Research, China's leading AI models have narrowed the performance gap with U.S. counterparts to just 3% following DeepSeek V4.1 Flash's release in September, marking a historic low. The gap has shrunk from approximately 15% at the start of the year and 9% in May, as Chinese AI labs make rapid advances. DeepSeek V4.1 Flash ranked sixth globally on the LiveBench benchmark in September with a score of 81.1, approaching Anthropic's leading score of 83.4. Bloomberg sen

According to South Korea's Financial Services Commission, the trading unit for single-stock leveraged ETFs will be expanded from 1 share to 20 shares, with details to be announced next month. The commission also plans to allow investors holding fewer than 20 shares to sell their fractional holdings through after-hours closing price trading at a fixed daily closing price. The market for single-stock leveraged ETFs has cooled significantly since regulatory measures were introduced in July. The com

Elon Musk confirmed that SpaceX will rename SpaceXAI to SpaceXSI, following his earlier statement that the company will discontinue using the term AI in favor of SI (Superintelligence).

Shares of ImmunityBio, Inc. (IBRX) logged their best week in over seven months, jumping 11% on Friday and closing the week up 22%, according to trading data. The surge followed the Department of Health and Human Services announcement on Sunday that Michael Caputo, founder and former HHS official, was appointed to U.S. President Donald Trump's Cancer Advisory Panel, fueling retail speculation about expanded access to Anktiva, the company's flagship bladder-cancer immunotherapy. Meanwhile, the FDA

According to Mempool Space, Bitcoin's 7-day moving average hash rate reached 984.064 million TH/s on October 3, increasing approximately 68.219 million TH/s from the previous week. This marks the highest level since June 29, reflecting increased mining demand across the network.

According to Hanwha Investment Securities researcher Eom Su-jin, subsidiary IPOs on overseas exchanges carry the same shareholder dilution risks as domestic dual listings, the analyst said in a report released October 5. While some argue that overseas listings reduce parent company shareholder risks through foreign capital inflows and market separation, Hanwha found that overseas or domestic venue does not eliminate the fundamental conflict of interest; subsidiary valuations previously embedded

According to Jin10 data citing the National Bureau of Statistics, China's high-tech industry investment grew 5.2% year-over-year in January-August 2026, accelerating 0.2 percentage points compared to the same period through July. The data drove 0.5 percentage points of growth in overall national investment, underscoring gains in new quality productive forces and technological progress across key sectors.

According to Zhitong Finance App, Hang Seng Index fell 0.08% in morning trading on October 5, declining 20 points to 23,952, while Hang Seng Tech Index rose 0.27%. Morning trading volume reached 54.6 billion Hong Kong dollars. PCB (printed circuit board) stocks surged on strong AI demand. Kingboard Laminates (01888) rose over 9%, and Kingboard Chemical Group (00148) climbed over 7%. Lenovo Group (00992) gained 4.9%, leading blue-chip gainers, with Lyonaise recommending the company as a top Chine

According to ChainCatcher, monitoring data from Liquid24/7.xyz shows Ethereum (ETH) trading at approximately $2,715.53 as of today. On Binance perpetual futures, buy orders reach $59.33 million against sell orders of $58.18 million, resulting in a net long position of $11.54 million. Across major exchanges, Binance perpetual futures exhibit the most pronounced buy-side depth, while Coinbase and OKX perpetual futures show relatively thicker sell orders.

On October 5, President Trump announced the establishment of the Super Intelligence Force (SIF), a new working group to coordinate federal government efforts in artificial intelligence and maintain U.S. global leadership. According to the White House, the SIF will facilitate communication between government agencies, consumers, public interest groups, and major technology companies. The group is led by four senior officials: Director of National Intelligence Jay Clayton, Federal Trade Commission

According to @WuBlockchain, Payward, the parent company of Kraken, announced a strategic partnership with Singapore Gulf Bank (SGB), a fully licensed digital bank regulated by the Central Bank of Bahrain. The collaboration integrates SGB's real-time, multi-currency clearing network to provide institutional clients in Asia and the Gulf region with 24/7 instant settlement services. Initial services will support U.S. dollar transactions, with plans for expansion to additional currencies.

Tesla Inc. (TSLA) stock rose 1% late Sunday after CEO Elon Musk confirmed discussions with TSMC regarding potential cooperation on Terafab, his semiconductor project with SpaceX. Musk said on Saturday, "Just discussions, but something may come of it," in response to reports that TSMC was exploring ways to help operate Terafab's semiconductor facilities in Texas. Meanwhile, Tesla delivered 486,532 vehicles in the third quarter, including 478,237 Model 3 and Model Y units.

According to reports, the U.S. government will provide Vistra (VST-US) approximately $4.2 billion in loans to expand power generation capacity at three of its nuclear plants, with an announcement expected on October 5. The funding will support uprating projects at existing reactors operated by Vistra, which currently operates four nuclear power plants with six reactors totaling over 6.5 GW of capacity. Energy Secretary Chris Wright is expected to formally announce the loan package. The initiativ

According to the U.S. Navy Institute News, the USS Eisenhower aircraft carrier will return to Naval Station Norfolk in Virginia on October 3 for inspection and comprehensive assessment of its aircraft launch and recovery equipment following an incident that occurred on September 28. Navy technical experts will complete necessary maintenance work before flight operations resume, with the cause of the incident still under investigation.