Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
01:23
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G7 Plans to Release 100M Barrels of Oil Reserves Within 4 Months; OPEC+ Maintains November Quotas

According to statements released over the weekend and on Monday (October 5), G7 leaders decided to release up to 100 million barrels of diesel and crude oil reserves within 4 months, reaffirming commitments to avoid energy export restrictions among member nations. Simultaneously, OPEC+ maintained its November oil production quotas unchanged in a Sunday meeting. In related developments, CME Group suspended the launch of a planned 10-barrel crude futures contract intended for 24-hour trading, whil
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01:21
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SEC Proposes New Crypto Asset Custody Framework This Week

The SEC has proposed a new custody framework for crypto assets held by investment advisors, according to commentator Nate Geraci. Concurrently, the agency issued an innovation exemption for tokenized securities trading, continuing its shift toward regulatory clarity. The CFTC updated its no-action position for passive crypto software developers including Phantom and Metamask, while both agencies released updated FAQs on crypto asset activities.
01:21
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Binance's SAFU Fund Holds Bitcoin Worth Over $1.27 Billion, Up $270M Since February Purchase

According to Foresight News, Binance's SAFU fund currently holds Bitcoin worth over $1.27 billion. In February, Binance completed the conversion of the investor protection fund from stablecoins to BTC, purchasing 15,000 BTC at an average price of approximately $66,667 per coin, spending $1 billion in total. With the recent rise in Bitcoin price, the fund has accumulated an unrealized gain of about $270 million. When asked about the fund's performance, Binance CEO Changpeng Zhao responded that it
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BTC2.17%
01:21
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Glassnode Identifies Largest Bitcoin Liquidation Cluster Near $90K

According to Glassnode's analysis shared by Foresight News, the largest liquidation cluster for Bitcoin is positioned near $90,000. If the price reaches this level, leveraged short positions will be forced to close. Glassnode also identified smaller liquidation clusters around $83,000 and $75,000 in recent months, indicating that price movements toward either level could accelerate the next wave of market volatility.
01:19
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U.S. Stock Funds Record $20.6B Net Inflows for Second Consecutive Week Amid AI Rally

According to LSEG Refinitiv, U.S. stock funds recorded net inflows of $20.6 billion for the week ending September 30, marking the second consecutive week of positive flows. The previous week saw net inflows of $37.49 billion. Investors continued to favor artificial intelligence stocks, while lower-than-expected inflation data helped ease concerns over rising Treasury yields.
01:16
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OpenAI CEO Says AI's Benefits Worth Accepting Risks, Calls for Open Access on October 5

According to Guru Club, OpenAI CEO Sam Altman said on October 5 that artificial intelligence's benefits are worth accepting certain risks, and the technology should remain broadly accessible rather than controlled by a small number of labs. "We believe the world should accept some negative events for the benefits this technology brings and the autonomy people gain," Altman said. He added that positive outcomes from AI applications will "far exceed the negative impacts, potentially by orders of m
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01:15
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U.S. Individual Federal Income Tax Returns Deadline October 15 for Crypto Traders

According to Crowdfund Insider, the U.S. individual federal income tax extension deadline for the 2025 tax year is October 15. The Internal Revenue Service (IRS) regulation applies to taxpayers who previously requested an extension; this is not a new deadline exclusive to crypto assets. The extension postpones only filing deadlines, not payment deadlines. For 2025 digital asset transactions, Form 1099-DA provided by brokers may not include cost basis information, requiring taxpayers to independe
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01:07
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Nasdaq-100 Hits Record High at 30,807 as U.S. 10-Year Treasury Yield Rises to 5.27%

According to ETDaily and Nikkei, on October 2, the Nasdaq-100 Index closed at 30,807, up 1.0% and hitting a record high for the first time in over a week. Meanwhile, the U.S. 10-year Treasury yield rose 3 basis points to 5.27%, reflecting a widening divergence between stock and bond markets. The stock market rally was largely driven by AI-related mega-cap stocks, particularly Nvidia, which hit a fresh all-time high for the first time in 4.5 months. Meanwhile, short positions in 10-year Treasury
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01:07
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Micron Reports 379% Revenue Surge to $54.23B, Expands Long-Term Supply Contracts to 26

According to its fiscal Q4 earnings released on September 30, Micron Technology posted revenue of $54.23 billion, up approximately 379% year-over-year. The chipmaker guided next-quarter revenue to a midpoint of $61.5 billion. Micron also expanded long-term supply contracts to 26 deals, with some extending through 2031. Analysts note that production capacity from new investments may not ramp meaningfully until 2028, potentially prolonging the current memory chip shortage and supporting price stre
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01:07
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Musk Says Spreading Superintelligence Across Stars Could Be Success for Humanity, on Oct 5

According to PANews, Elon Musk said on October 5 that spreading superintelligence across the stars could be viewed as a successful outcome for humanity if humans are considered biological bootstraps for digital superintelligence. He referenced his 2014 stance, noting that while he hopes humanity is more than just a biological launcher for digital superintelligence, the likelihood of this scenario is increasing. Musk clarified that these remarks represent his personal perspective and are not anno
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01:07
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Solidigm Plans U.S. IPO as Early as Next Year, SK Hynix Shares Fall 5.05%

According to Yahoo Finance citing Bloomberg, Solidigm, SK Hynix's subsidiary established in 2020 following the acquisition of Intel's NAND and SSD business, plans to pursue an initial public offering in the U.S. as early as next year. The move has triggered concerns over quadruple listing and shareholder value dilution within SK Group's complex corporate structure, which currently includes three listed entities: SK Inc (holding company), SK Square, and SK Hynix (also listed in the U.S.). On Sept
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01:07
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Nasdaq-100 Hits Record High as U.S. 10-Year Treasury Yield Climbs to 5.27% on October 2

According to E-Daily, on October 2, the Nasdaq-100 index rose 1.0% to 30,807 points, marking an intraday high in 1.5 weeks, while the U.S. 10-year Treasury yield climbed to 5.27%. The divergence between stocks and bonds continued as hedge funds increased short positions in Treasury futures to 1.57 million contracts, the highest in nine months, betting on further yield increases. Nvidia and other AI-related stocks cushioned the stock market's advance despite rising rates. Morgan Stanley reiterate
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01:05
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BONER Surges 17.8% in 24 Hours to $76M Peak on Oct 5, Boosted by Bloomberg Stock Meme Coverage

According to BlockBeats and GMGN data, on October 5, BONER, a stock meme token on the Robinhood chain, surged 17.8% in 24 hours to briefly exceed $76 million in market cap, approaching its all-time high. At press time, BONER was trading at $66.4 million. The rally followed Bloomberg's October 2 feature on Robinhood chain stock memes, in which crypto influencer eric discussed the category as "a defining trend of our time and the future." Eric, a top BONER holder, also introduced the token to Bloo
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MEME4.67%
01:02
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Over Eight KOSDAQ-Listed Biotech Firms See Controlling Shareholder Changes in 2026

According to industry sources, more than eight biotech and healthcare companies that entered South Korea's KOSDAQ through special listing provisions have undergone controlling shareholder changes in 2026, reflecting divergent trajectories following their debuts. Celid and IOFlow underwent majority stake transfers following operational setbacks: Celid completed a 10 billion won equity raise with Huniverse Global after failing Phase 3 trials for its COVID-19 vaccine candidate in June, while IOFlow
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