Gate Crypto Flash News and Market Updates

According to remarks made on October 3, U.S. President Donald Trump pressured South Korea to invest in Alaska's liquefied natural gas (LNG) project, threatening tariffs ranging from 150% to 300% if the country refuses to participate. Trump stated that foreign companies have approximately 1.5 years to build factories in the U.S., or face steep tariff penalties. Trump previously announced on September 30 that South Korea had committed to investing $50 billion in the Alaska LNG initiative as part o

According to market sources, Musinsa filed preliminary review with South Korea's stock exchange on September 7 for a KOSPI IPO targeting a valuation of up to 10 trillion won ($7.5 billion). The fashion e-commerce platform plans to issue approximately 26.6 million shares, representing 11.7% of total post-IPO shares, with 13% of the offering allocated to financial investor stock sales. The 10 trillion won valuation marks Musinsa's first challenge to the 'decacorn' threshold since Kakao Pay's 11 tr

According to state media on October 3, U.S. President Donald Trump appointed Jay Clayton, the Director of National Intelligence, as White House AI chief. Clayton will lead a "Super Intelligence Task Force" tasked with submitting a report on artificial intelligence risks and opportunities within 120 days. The move follows a September 29 executive order directing federal agencies to refer to "artificial intelligence" as "super intelligence."

According to BlockBeats citing GMGN, Solana ecosystem token Agency surged past $21.8 million in market cap on October 4, up over 11x in 24 hours with $28.6 million in trading volume.

According to the financial investment industry, South Korean securities companies are expanding their stock price return swap (PRS) operations on October 4, following a contraction in real estate project financing (PF) business. As of September 2026, domestic PRS contract balances exceeded 20 trillion won, with major deals including SK Inc.'s 1.25 trillion won transaction backed by SK Biopharm shares, Hanwha Systems' 1.7 trillion won deal involving Hanwha Ocean stakes, and Posco Holdings' 2.5 tr

LIT crashed 62.41% in the last hour, dropping from $0.367 to $0.138, according to current market data. The token's market cap stands at $6,234,243 with a 24-hour trading volume of $54,404. Over the past 24 hours, LIT traded between a high of $0.367963 and a low of $0.135382. The sharp decline reflects heightened selling pressure and may be linked to liquidation cascades in the derivatives market as traders respond to broader cryptocurrency market volatility.

UBS recently recruited two digital asset roles in New York, overseeing tokenization, stablecoins, and digital asset distribution services. The base salary for these positions reaches $242,500.

According to Nour News, Iranian Parliament Speaker Mohammad Baqer Qalibaf stated today that the Strait of Hormuz will not reopen until Iran's conditions are fulfilled, adding that the United States cannot continue to "buy time."

According to Iran's Mehr News Agency on October 4, Iran's Foreign Minister Abbas Araghchi stated that the Strait of Hormuz will reopen within 7 days if the United States accepts the terms of a proposed 7-day plan.

According to Yonhap News, two F-16V Block 70 fighter jets delivered to Taiwan arrived at Taitung Zhihang airbase on October 2, marking the first delivery under a 2019 US approval for the sale of 66 aircraft worth $8 billion. The F-16V Block 70 is the latest variant of the F-16 fighter, equipped with advanced AESA radar and electronic warfare systems.

OPEC+ representatives reached a preliminary agreement on October 4 to maintain November crude oil production targets at current levels, according to an official statement. The organization confirmed that output quotas will remain unchanged for the coming month.

According to BlockBeats, on October 4, trader Killa stated that he does not expect Bitcoin to reach a new low and is maintaining a long position. However, some risk-off behavior may occur after the U.S. midterm elections, making now an unsuitable time to establish hedging shorts. Killa recommends holding long positions and observing market reaction around the election, then deciding whether to add hedges based on price action at that time, rather than shorting preemptively based solely on histor

According to analyst Darkfost, as reported by ChainCatcher, Bitcoin's power law model currently indicates a potential reference target price of $157,800, representing approximately 86% upside from the current price of $84,700. The model's oscillation indicator stands at +34.5, and based on current regression parameters, an indicator level of +100 would correspond to $157,800. Darkfost noted this is not a fixed target but a reference level derived from current model parameters, subject to adjustm

According to CryptoQuant analyst Darkfost on October 3, the stablecoin market cap has declined by $14 billion since May due to insufficient liquidity flowing into crypto markets. However, conditions improved slightly since September, with market cap recovering $4 billion to reach approximately $270 billion. While the trend appears to be reversing, the recovery momentum remains weak.

David Rubinstein, a former employee at OpenAI, accused the company on October 3 of lacking sufficient risk awareness. Rubinstein, who worked at OpenAI for over three years and was among the company's longest-serving employees, called for the AI industry to adopt multiple safety safeguards similar to those used in aviation and nuclear energy sectors.

According to investment banking sources, South Korea's National Pension Service committed approximately $350 million to M&G Real Estate's inaugural Asia-Pacific value-add commingled fund on October 4, representing roughly half of the fund's total $700 million capital raise. The fund will focus on value-add investments in Japan, Australia, South Korea, and Singapore, targeting office, logistics, residential, hotel, and alternative real estate assets through operational improvements and rental str

According to Financial News, South Korean biotech stocks including Samsung Biologics and CellTrion fell throughout September before rebounding on October 4. Alteogen led the declines with a 13.07% drop, followed by SK Biopharm's 12.17% fall. Samsung Biologics and CellTrion declined 9.09% and 1.99% respectively. On October 4, all four stocks reversed course, with Alteogen gaining 4.13%, CellTrion up 3.32%, SK Biopharm up 3.09%, and Samsung Biologics up 2.73%. Market focus now centers on fourth-qu

According to YourStory, at the PanIIT Andhra Pradesh Summit, PanIIT Alumni India and the Andhra Pradesh government plan to create a $52 million deep tech fund in Amaravati with a first close targeted for July 1, 2027. The fund aims to back at least 25 Andhra Pradesh-based deep tech ventures by 2030, with at least 50% of portfolio companies expected to establish their main research and development or manufacturing operations in the state. The fund will seek capital from IIT alumni, industry, and

According to the U.S. Federal Aviation Administration (FAA) on October 2, a software problem found in certain Boeing 737 MAX aircraft flight computers does not pose a safety concern. The FAA stated that pilots can regain full control of the aircraft and the crew will receive clear instructions. The agency added it will consider taking measures if new information about the issue emerges.

According to Financial News, South Korea's National Pension Fund's KOSDAQ investment valuation surpassed 10.31 trillion Korean won as of February, though its investment ratio declined to 2.64%. Data submitted to lawmakers on October 4 shows the fund recorded cumulative net selling of 73.8 billion won from the start of the year through early October, despite posting net buying of 149.1 billion won in September alone.