Gate Crypto Flash News and Market Updates

CRX Trade launched an institutional brokerage platform today that connects hedge funds and trading firms to eight crypto venues alongside CME Group and Nasdaq markets through one account. The Zug-based service, operated by RAS Capital and powered by CoinRoutes for execution, allows clients to post bitcoin, stablecoins or tokenized gold into a single collateral pool to support trading across the connected venues. Named crypto partners include Binance, Bybit, Gate, Hyperliquid and Deribit.

SpaceX (SPCX-US) stock surged 8% yesterday to $171, recovering its initial public offering price and marking a roughly 50% rebound from its recent lows. The rally has also returned CEO Elon Musk to billionaire status. However, the options market reveals a key difference from the June launch: implied volatility has declined significantly. When SpaceX listed in June, the stock jumped from $171 to above $225 in under three full trading days, with implied volatility exceeding 110%. Currently, volati

According to a recent Binance announcement, the exchange has introduced enhancements to its Proof of Reserves system, allowing users to verify their assets are backed one-to-one. The update aims to increase transparency and strengthen user confidence in the platform's asset security measures.

According to NEAR Protocol's official announcement shared via ChainCatcher, MyNearWallet will halt services on October 31, 2026. User assets remain stored on-chain and will require a new access method for management after the shutdown. NEAR recommends migrating assets to a new account that supports transactions across 30+ chains, offers default privacy protection, and enables control via passkeys. Before migration, NEAR advises testing with small amounts and processing each asset individually. D

According to Bloomberg, AT&T has established a U.S. fiber joint venture with Global Infrastructure Partners and CPP Investments, with AT&T retaining 50% equity and GIP and CPP holding the remaining 50%. AT&T will contribute fiber expertise and distribution channels, while the infrastructure investors will provide capital. The capital-light structure aims to reduce AT&T's net debt-to-adjusted EBITDA ratio to approximately 2.5 times. The combined entity targets over 60 million fiber passings by en

According to HTX DAO ambassador Molly's statement on October 6, the organization plans to expand regional community node building in Q4, aimed at supporting community members to organize activities and participate in ecosystem co-building. Currently, nearly 200 active volunteers have voluntarily participated in community construction efforts. Molly emphasized that HTX DAO is investing in three key areas: optimizing token economics mechanisms, expanding on-chain ecosystem applications through hac

According to France's Presidential Office and Defense Ministry, France's strategic nuclear submarine successfully test-fired an unarmed M51.3 submarine-launched intercontinental ballistic missile (SLBM) on October 6. The missile fell into the North Atlantic Ocean. President Macron stated on social media that this was the first test of the M51.3 model, sending a clear signal of France's military capability.

U.S. exports in August reached $315.2 billion, compared with $310.7 billion in July, representing a monthly increase of approximately 1.5%.

According to Bloomberg, on Tuesday, French teachers unions including Unsa, CFDT, and CGT joined ongoing student protests, with hundreds of schools closing and major demonstrations planned in Paris. The strikes demand increased education funding, smaller class sizes, reformed university admission policies, and improved school facilities. The protests began in September and escalated sharply last week with hundreds of blockades, fires, and clashes between demonstrators and police. The French gover

According to the CFTC, on October 5 the agency published its regulatory plan for crypto exchanges, introducing Regulation CTX and Regulation CAM and opening a 60-day public comment period once the proposal hits the Federal Register. The plan establishes a federal licensing framework with leverage as a key determinant. Licensed exchanges may match buyers and sellers, hold customer money and crypto, settle trades, and provide lending. Regulations require separating customer assets, maintaining rec

According to @SolanaFloor, MeteoraAG announced DLMM Pro, a new automated market maker (AMM) designed to enhance liquidity management. The platform allows token creators to customize liquidity distribution and implement dynamic fees that adjust based on market volatility. A key feature transforms each liquidity provider position into an NFT, creating unique asset management capabilities. MeteoraAG's solution combines elements from existing frameworks to lower setup costs for new pools.

According to Yonhapnews TV, South Korea's KOSPI index fell below the 7,000 level to close at 6,941.39 on October 6 following the holiday break, down 0.89% from the previous trading day. Foreign investors sold over 1.7 trillion Korean won worth of shares, weighing heavily on the benchmark index. Semiconductor heavyweights led the decline, with Samsung Electronics dropping 1.45% and SK Hynix falling 3.69%, amid caution ahead of Samsung's preliminary third-quarter earnings due on October 8.

The U.S. trade deficit for August widened to $106 billion, exceeding the forecast of $102 billion and expanding from July's $88.6 billion deficit.

Over the past two months, the Nasdaq Composite Index has gained 4.2% while the Dow Jones Industrial Average declined 5.7%, creating a 9.9 percentage point performance divergence. This gap represents one of the largest two-month spreads recorded since the Nasdaq's inception in 1971, occurring in less than 5% of all historical instances, signaling heightened volatility risk ahead. On Monday (October 5), the Nasdaq outperformed the Dow by an additional 0.9 percentage points. Market analysts note th

Canada's August trade balance came in at C$4.2 billion, significantly surpassing the forecast of C$1.55 billion. The previous month's figure was revised upward from C$0.79 billion to C$0.79 billion.

The U.S. trade deficit for August reached $105.6 billion, surpassing the forecasted $102 billion and widening from July's $88.6 billion deficit. The deterioration reflects increased imports relative to exports, marking a continued trend of expanding trade imbalances.

Canada's exports reached 7.791 billion Canadian dollars in August, according to official statistics. The prior month figure was revised downward from 7.614 billion CAD to 7.603 billion CAD.

According to Guru Club, on October 6, Iran's top security official Reza'i stated that Iran will not open the Strait of Hormuz due to threats or pressure.

Canada's trade balance in August reached CAD 4.2 billion, significantly outpacing the forecast of CAD 1.3 billion and the prior month's CAD 0.77 billion, according to official data.