Gate Crypto Flash News and Market Updates

According to JinLianChuang, as of October 8, the average price of reference crude oil was $96.93 per barrel with a negative change rate of -4.73%. Based on this movement, China's retail gasoline and diesel prices are expected to decline by 280 yuan per ton. The next pricing adjustment window is scheduled for October 15 at 24:00 (Beijing time), following the ten-working-day pricing cycle mechanism.

On October 8, Samsung Electronics announced third-quarter operating profit of 107.4 trillion won, up 782.5% year-over-year and exceeding market expectations by 1%. The result marked the first time a domestic company's quarterly operating profit surpassed 100 trillion won. However, the stock declined 0.56% to 267,000 won, as foreign investors realized gains following a 125% rally since January. Concerns about slowing DRAM price increases and a potential moderation in future earnings growth weighe

According to the Shenzhen Stock Exchange, two Hong Kong-listed securities have been added to the eligible securities list for the Shenzhen-Hong Kong Stock Connect program effective October 8, 2026: Cloud Trek (02670) and Longsys Electronics (09976).

According to NH Securities, South Korea's 10-year government bond yield rose to 4.37% as of October 8, up 0.98 percentage points from the beginning of the year. With bond yields now exceeding 4%, dividend stocks face reduced appeal unless backed by strong capital capacity and sustainable shareholder payout policies. NH Securities identified ten sectors with both dividend and share price upside potential, including semiconductors, banking, insurance, and securities, emphasizing the importance of

According to Yonhapnews, Hanmi Pharmaceutical's stock fell 8.9% to 486,000 KRW on October 8, despite the South Korean Food and Drug Safety Ministry (MFDS) approving the company's GLP-1 obesity treatment EPI (eplenatide) auto-injector on October 7. Market expectations for the drug's regulatory approval were already priced into the stock, leading to profit-taking sales.

According to PANews, Ark Invest sold 151,903 shares of Robinhood on Wednesday through its ARKK ETF, valued at $16.6 million. The sale represents a reduction in the fund's position in the trading platform.

According to the People's Bank of China, on October 8, the central bank conducted 606 billion yuan in overnight reverse repurchase agreements, with no 7-day reverse repo operations based on the demand from primary dealers.

According to Goldman Sachs' latest report covering 24 semiconductor and equipment companies, Q3 earnings are expected to represent an upside revision window for profit consensus estimates. The bank identified four key drivers: advanced wafer fab equipment capex acceleration, hyperscale cloud operator capex increases, analog chip recovery, and memory supply divergence. Goldman upgraded Applied Materials to Buy with a $670 target price, expecting the company to raise high-margin guidance next Tues

According to Foresight News, Injective released an updated whitepaper, positioning itself as a Layer 1 blockchain for institutional-grade finance and asset tokenization. The whitepaper details a native RWA tokenization mechanism that enables role-based permissions for minting, sending, receiving, and burning; iAssets, which track external assets via stablecoin collateral and oracle pricing; and on-chain trading via a central limit order book with sealed-bid batch auctions to prevent MEV. The pro

According to E-Daily, SP Soft and Hurom signed a memorandum of understanding (MOU) on Oct 8 for enterprise artificial intelligence (AI) agent development and company-wide digital transformation cooperation. The collaboration will leverage Microsoft solutions including Fabric, OneLake, and Copilot Studio to build customized AI agents for automating business workflows, with integration into existing systems via Microsoft Teams and APIs.

Fuel oil futures main contract surged 12.00% during the intraday session on October 8, trading at 4,905 yuan per ton.

The Chinese yuan weakened yesterday against the US dollar, with the official midpoint fixing declining 16 basis points to 6.7367.

According to Goldman Sachs economist Pierre Francesco May, reported by Business Insider, U.S. 10-year Treasury yields surged overnight (October 7) to their highest level in 24 years, breaking above the 5% psychological threshold. The sharp rate increase comes amid broader tightening financial conditions. Goldman Sachs warned that elevated interest rates could significantly dampen U.S. consumer spending in 2027. If the wealth effect from equity markets weakens due to muted stock price gains, cons

According to SoSoValue data cited by ChainCatcher, Bitwise Solana Staking ETF (BSOL) recorded net outflows of $4.8001 million on October 7. The fund has accumulated $1.208 billion in total net inflows since inception.

According to Guru Club, China's fuel oil futures surged 10% to 4,815 yuan/ton today (October 8), with asphalt main contracts up 4% to 5,295 yuan/ton and methanol rallying 6% to 3,526 yuan/ton. Low-sulfur fuel oil (LU) gained 6% to 5,786 yuan/ton, while styrene (EB) and paraxylene (PX) each climbed around 4%. Polypropylene (PP) and PTA also advanced 4% to 8,917 yuan/ton and 6,522 yuan/ton, respectively.

According to ChainCatcher, on October 7, Hong Kong's government responded to questions on regulating emerging payment platforms raised by lawmaker Chen Zhen-ying. The Hong Kong Monetary Authority (HKMA) received 16 complaints between January 2024 and September 2026 alleging unlicensed issuance or operation of stored value payment instruments, with 1 complaint substantiated and no monetary loss reported by the complainant. The HKMA is following up with the involved company. The government emphasi

According to Yonhapinfomax, on October 8, foreign investors extended net purchases of South Korean government bond futures for a third consecutive trading day, driving demand for Korean government bonds as a safe-haven asset. The inflows are supported by improved supply dynamics, with Seoul planning to reduce government bond issuance by 5 trillion won while expanding buyback programs. The Korean won strengthened 1.21% against the dollar since late September, while the won-yen exchange rate fell

According to Business Insider, on October 7, technology analyst Dan Ives named five tech stocks as favorites: Nvidia, Microsoft, Palantir, Apple, and CrowdStrike. Ives recently rejoined the sector after leaving Wedbush Securities to start Yorkville Ives. Year-to-date performance shows Nvidia up 27%, Microsoft up 9%, Palantir up 8%, Apple up 23%, and CrowdStrike up 129%. Ives views the AI investment cycle as still in early stages, comparing it to being in the third inning of a nine-inning game.

According to Korea Exchange, Dongyang Express surged to 38,000 won today (October 8), up 8,750 won or 29.91%, following news of Seoul Express Bus Terminal redevelopment. The stock also gained 30% on October 7, closing at 29,250 won. Fellow bus operator Cheonil Express, which also holds a stake in the terminal, gained 24.79% to 225,000 won today and hit the daily limit yesterday. Both companies own shares in the terminal.

According to ChainCatcher, OpenAI released its first teen usage report on Wednesday, stating that adolescents use ChatGPT on average under 15 minutes per day, with less than 2% using it continuously for over 3 hours. The company noted that nearly half of users who received break reminders chose to rest or ended conversations within 5 minutes. Concurrently, nonprofit Common Sense Media reported that ChatGPT for Teens often notified parents late or failed to notify them when teens discussed suicid