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
05:23
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High-Win-Rate Whale 0x13da Opens 5x Leveraged Long on 164,642 SOL Worth $19.78M

According to Lookonchain monitoring, whale trader 0x13da opened a new long position on SOL today (October 6). The trader went long on 164,642 SOL with 5x leverage, valued at approximately $19.78 million, with a liquidation price of $99.68. The trader has a historical win rate of 78% in SOL trading with cumulative profits of approximately $4.74 million.
05:22
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Solana Launches Institutional Settlement Standard on Monday with JPMorgan Input

The Solana Foundation announced on Monday the launch of Solana DvP, an open-source program enabling financial institutions to settle trades on the Solana blockchain using delivery-versus-payment (DvP) principles. JPMorgan's digital assets team provided institutional settlement expertise during development. The program executes atomic settlement in seconds compared to 1-2 business days in traditional finance, replacing custom smart contracts with a single reusable standard under MIT open-source l
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SOL-0.35%
05:21
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DeepSeek Closes In on $12 Billion Funding Round with Tencent and CATL Commitments

According to Bloomberg, on October 6, AI company DeepSeek is close to completing a new funding round with a scale of at least 800 billion yuan (approximately $12 billion), significantly exceeding its previous fundraising target of around 500 billion yuan. Tencent Holdings and CATL (Contemporary Amperex Technology Co. Limited) have committed to investing substantial amounts in this round, with the transaction expected to close soon. The funding scale has exceeded expectations due to heightened ma
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05:21
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Ethereum Spot ETFs See $111M Net Inflows Overnight; BlackRock's ETHA Drives Gains

According to SoSoValue, Ethereum spot ETFs recorded $111 million in net inflows overnight (October 5). BlackRock's ETHA led the gains with $130 million in net inflows for the day, bringing its cumulative net inflows to $13.4 billion. Fidelity's FETH saw the largest outflow at $18.88 million. Ethereum spot ETFs now hold $17.69 billion in total assets under management, representing 5.34% of Ethereum's total market capitalization.
05:19
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TIGER U.S. S&P 500 ETF Surges Above 20 Trillion Won, Narrows Gap With KODEX 200 on October 6

According to South Korea's financial investment industry, TIGER U.S. S&P 500 ETF net assets surged above 20 trillion won on October 6, narrowing its gap with top-ranked KODEX 200 to 5 trillion won from 10 trillion won in May. South Korea's domestic ETF market crossed the 500 trillion won milestone in late May. Individual investors are increasingly shifting focus toward U.S. index-tracking ETFs; in September, TIGER U.S. S&P 500, KODEX U.S. Nasdaq 100, and KODEX U.S. S&P 500 ranked among the top E
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05:16
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Binance to Support Marvell and Oracle Tokenized Stock Dividends via bStocks on October 9

Binance will support dividends for Marvell Technology (MRVL) and Oracle (ORCL) tokenized stocks in the form of bStocks on October 9, according to an official announcement. The exchange will take a position snapshot at 8:00 UTC+8 and suspend deposits, withdrawals, and conversion services for the related tokens at 7:30 UTC+8. Spot trading pairs MRVLB/USDT and ORCLB/USDT will remain unaffected during the maintenance window. All services will resume after dividend distribution is complete.
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05:08
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Korea Investment&Securities Revamps Pension MTS, Launches Unified 'Pension HOME' Dashboard Today

Korea Investment&Securities revamped its pension mobile trading system (MTS) today (October 6), introducing a new 'Pension HOME' tab on its main interface to consolidate product, investment, and tax information in a single dashboard. The redesign allows customers to view holdings across different retirement account types—including DC plans, IRPs, and pension savings accounts—on one screen. The move reflects a market shift toward individual pension management, with personally-managed accounts now
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05:07
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SpaceX Rises 7.63% to $171.09 on October 5; Morgan Stanley Maintains $300 Price Target

According to Morgan Stanley analyst Adam Jonas, SpaceX stock rose 7.63% to $171.09 on October 5 (current time: October 6), marking its highest level in three months. The investment bank maintained its "Overweight" rating and $300 price target, implying an additional 75% upside from current levels. Morgan Stanley noted SpaceX remains relatively undervalued relative to its growth potential compared with other major artificial intelligence-focused companies. Meanwhile,미래에셋 Group, which invested $27
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05:05
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X-Agent Announces AI MCP Hackathon 2026 Winners, Two Champions Awarded 500 USDT and 15,000 X-Points Each

According to ChainCatcher, X-Agent announced the winners of its AI MCP Hackathon 2026 today. Sumplus Model Desk won the Open Innovation track, while Strategy Increment claimed victory in the OlaXBT × X-Agent Trading Challenge track. Each champion receives 500 USDT and 15,000 X-Points. Total rewards across both tracks reached 1,000 USDT and 100,000 X-Points, with Top 5 teams in each track earning X-Points based on final rankings.
05:03
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Binance Distributes MRVL and ORCL Dividends via bStocks on October 6

According to an official announcement on October 6, Binance will distribute dividends for Marvell Technology (MRVL) and Oracle Corporation (ORCL) to users holding MRVLB and ORCLB balances through bStocks. After deducting applicable withholding taxes, fees, and costs, net cash dividends will be reinvested as additional units or fractional shares of the same securities. Eligible users will receive dividends in the form of MRVLB and ORCLB stock tokens. Users holding MRVLB and ORCLB on-chain will re
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05:01
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South Korea's Crypto Market Hits $449.1 Billion, Double Japan's Size in East Asia

According to Chainalysis's East Asia Crypto Adoption Report released on October 6, South Korea's crypto economic size reached $449.1 billion (approximately 604 trillion Korean won) between July 2025 and June 2026, the largest in East Asia. The market grew 12.3% year-over-year and surpassed Japan ($228.3 billion), Hong Kong ($192.2 billion), China ($176.3 billion), and Taiwan ($140.4 billion). Crypto activity through domestic exchanges increased 16.3% during the same period, with $51.1 billion in
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05:01
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Samsung SDI Surges 7.56% as AI Data Center ESS Demand Grows on October 6

According to News1, on October 6 afternoon, Samsung SDI and other South Korean battery makers surged on growing expectations for energy storage systems (ESS) demand amid expanded U.S. AI data center investments. Samsung SDI gained 7.56% to 569,000 won, LG Energy Solution rose 4.45%, and EcoproBM jumped 9.33%. The rally was also bolstered by news that EcoproBM and Samsung SDI signed a memorandum of understanding to develop solid-state battery materials targeting commercialization in 2027.
05:00
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Polymarket Sues Dutch Gambling Regulator Over Prediction Market Ban, Seeks Dismissal

According to Odaily and Bitcoin.com News, Polymarket has filed a lawsuit with a Dutch court challenging a ban on its prediction market services imposed by the Dutch gambling regulator (KSA). The platform argues that its event contracts are derivatives and should fall under the Dutch Financial Markets Authority (AFM), not the KSA. The KSA issued the ban on January 20, requiring Polymarket to cease services to Dutch users within four weeks or face weekly fines of 420,000 euros, with a maximum pena
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04:58
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Seagate and Toshiba Bid for TDK Hard Disk Head Business; TDK Stock Surges 7.3% on Tuesday

According to sources familiar with the matter, Seagate and Toshiba are competing to acquire TDK's hard disk head business, with deal value potentially reaching billions of dollars. Toshiba initiated negotiations with TDK in spring this year, while Seagate submitted a higher bid in summer. TDK stock surged 7.3% on Tuesday afternoon in Tokyo, with trading volume reaching nearly triple the 20-day average.
04:55
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South Korea's KOSPI Falls 1.3% to 6,913 Points as Foreign Selling Intensifies; KOSDAQ Breaks 900 Level

According to Edaily, South Korea's KOSPI index fell 1.29% to 6,913.38 points in afternoon trading on October 6, retreating below the 7,000 line as foreign investors dumped 1.32 trillion won worth of shares. Major semiconductor stocks including Samsung Electronics (-2.17%) and SK Hynix (-3.48%) led the decline amid mixed U.S. macroeconomic signals. In contrast, the KOSDAQ surged 2.46% to 915.23, breaking through the 900 level for the first time in approximately three months. The rally was driven
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