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
04:10
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USD/KRW Falls to 1,344.20 Won This Week as U.S. Jobs Data Disappoints

According to Yonhapinfomax, USD/KRW fell to 1,344.20 won on October 3 as U.S. September non-farm employment came in at only 29,000 versus market expectations of 90,000. However, U.S. Treasury yields rebounded sharply after the initial decline, with the 2-year yield closing at 4.8250%, up 3.80 basis points from the previous day, supporting the dollar against further weakness. The dollar index also retreated below the 102 level to 101.884. South Korea's financial markets will face two holidays thi
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04:09
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T&E Korea Launches KOSDAQ Roadshow This Week; DTS Roadshow Continues Through Oct 8

According to Yonhapinfomax, two companies are conducting roadshows on South Korea's KOSDAQ exchange this week (Oct 6-8): T&E Korea will launch its roadshow on October 7, while air-cooled heat exchanger manufacturer DTS continues its roadshow through October 8. General subscription applications for two additional companies, Jincostech and Elis Group, are also underway during the shortened trading week due to the Korean holiday.
04:08
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National Pension Fund's KOSDAQ Holdings Surge to 106.2 Trillion Won, 40.6% Share in 4 Years

According to data submitted to South Korea's parliament by the National Pension Service, the fund's KOSDAQ holdings reached 106.2 trillion won last year, marking the first time exceeding 100 trillion won. The KOSDAQ portion of combined KOSPI and KOSDAQ investments jumped to 40.6% from 3.9% in 2021. Other major pension funds—including the Government Employees Pension Service, Teachers' Pension, and Military Personnel Pension—maintained significantly lower KOSDAQ allocation rates of 1-2%. Meanwhil
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04:08
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Foreign Investors Dump 20.3 Trillion Won in KOSPI Stocks as Samsung, SK Hynix Holdings Hit Year-Low

According to Korea Exchange, from September 1 to October 2, foreign investors sold a net 20.3 trillion won of KOSPI-listed stocks, with SK Hynix accounting for 12 trillion won and Samsung Electronics for 5.2 trillion won—representing 84.7% of total net sales. SK Hynix's foreign ownership ratio fell to 49.76% on October 2 from 50.57% on September 1, hitting the lowest level since May 2023, a gap of 3 years and 4 months. Samsung Electronics' foreign ownership ratio declined to 46.41% from 46.71% d
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04:08
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Democrats Have 62% Chance to Win Both Chambers in U.S. Midterm Election on November 3

According to Samsung Securities analysts, if Democrats win control of both chambers in the U.S. midterm election on November 3, they have pledged to restore clean energy tax credits and expand energy storage system investments. The prediction market platform PolyMarket currently reflects a 62% probability of Democrats sweeping both the Senate and House, with Democrats needing four additional seats in each chamber to achieve majority control. Analysts expect renewable energy and energy storage se
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04:08
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G20 Trade Ministers Reach Joint Statement on Grain Weaponization, September 30-October 1

According to China's Ministry of Commerce, G20 trade ministers reached a joint statement on opposing grain weaponization during meetings in Milwaukee, Wisconsin from September 30 to October 1. The group exchanged views on four main topics: grain weaponization, excess production capacity, forced labor elimination, and most-favored-nation status adjustments. No outcome documents were formed on the latter three issues.
04:03
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ETH Sell Wall Dominates Binance, $93.36M Net Short vs Other Exchanges

According to ChainCatcher, Ethereum is trading near $2,694.05 as of today (October 4). Data from Liquid24/7.xyz shows Binance perpetual futures have a significant sell wall of $93.36 million with net short positioning of $33.66 million, substantially larger than other major exchanges. Binance spot and Coinbase spot markets show more balanced order flow, while OKX perpetual and Hyperliquid futures display net long bias.
ETH0.44%
04:02
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Micron Beats Q4 Expectations With $54.23B Revenue, Samsung and SK Hynix Stocks Rise

According to financial investment reports released on September 30, U.S. memory semiconductor maker Micron posted fourth-quarter fiscal revenue of $54.23 billion, beating market expectations of $50.07 billion. The company also guided next-quarter revenue at $61.5 billion, surpassing forecasts. The stronger-than-expected results reflect sustained AI infrastructure investment driving demand across high-bandwidth memory (HBM), DRAM, and NAND products. In response, domestic semiconductor stocks rall
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04:02
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Micron Beats Q4 Estimates With $54.23B Revenue; Samsung, SK Hynix Set to Report

According to Korean financial investment industry reports, Micron reported fourth-quarter revenue of $54.23 billion on September 30, exceeding market expectations of $51.07 billion. The company's next-quarter guidance of $61.5 billion also surpassed forecasts. AI infrastructure investments are driving demand across high-bandwidth memory (HBM), DRAM, and NAND flash. Following the earnings announcement, Samsung Electronics rose 2.79% to 276,000 Korean won and SK Hynix climbed 3.21% to 1,833,000 wo
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04:01
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U.S. to Provide Vistra $4.2 Billion Loan for Three Nuclear Plant Expansions

According to reports, the U.S. government will provide Vistra with a $4.2 billion loan to expand capacity at three of its nuclear power plants, with Energy Secretary Chris Wright expected to formally announce the funding on October 5. The loan will support power uprates—efficiency improvements to existing reactor units—rather than new plant construction. Vistra currently operates four nuclear stations with six reactors generating over 6.5 GW of capacity.
03:54
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Bitcoin is Like Insurance, Says Rich Dad Poor Dad Author Robert Kiyosaki

According to Bitcoin.com News, today (October 4), Robert Kiyosaki, author of Rich Dad Poor Dad, shared views on X comparing holdings of Bitcoin, gold, and silver to purchasing car insurance as a hedge against economic risk. He advocated for currency that governments cannot print, criticizing the Federal Reserve and government policies of taxation and inflation that erode purchasing power.
BTC0.17%
03:51
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Medvedev: Russia Prepared to Mediate U.S.-Iran Conflict, Will Not Sacrifice Tehran Relations

According to Jin10, on October 4, Russian Security Council Deputy Alexei Medvedev stated that Russia is prepared to mediate between the U.S. and Iran to end ongoing conflict while pledging not to sacrifice Moscow-Tehran relations. Medvedev noted that Russian-Iranian relations are at an unprecedented level, with bilateral trade growing 20% last year. He also highlighted Russia's plans to construct a new nuclear power station in Iran and emphasized Iran's key role in ensuring security in the Strai
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03:50
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Zest Protocol Launches Bitcoin-Backed Vault for Korean Users on October 4

Zest Protocol announced on October 4 the launch of a Bitcoin-backed vault service in Korea, allowing users to deposit BTC in self-custodial vaults and borrow USDC stablecoins against it. Each user's vault is generated separately and cannot be mixed with other users' Bitcoin. The platform features user-initiated redemption if Ethereum is disrupted, partial liquidation, and partial withdrawal options. The service has been in testnet operation since September 23 using real Bitcoin and USDC, with pl
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BTC0.17%
ETH0.44%
03:48
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Ecuador's SOTE Pipeline Halts Operations After Pumping Station Fire in Napo Province on October 3

According to Jin10, Ecuador's state oil company reported that SOTE (Sistema de Oleoducto Trans-Ecuatoriano), the country's main state-owned pipeline system, suspended operations on October 3 after a fire broke out at a pumping station located in Napo Province. The 500-kilometer pipeline is critical for transporting crude oil extracted from the Amazon region. The company has requested the National Oil Crimes Investigation Unit and the National Police Emergency Response Team to conduct investigati
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03:45
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Hyperliquid AQAv2 Mechanism Receives First $14.58M USDC Reserve Payment, Annualized Revenue Estimated at $193M

According to BlockBeats, on October 3, Hyperliquid's AQAv2 mechanism completed its first payment of $14.58 million in USDC reserves for the platform's holdings over the past 30 days. The funds will be directed to an assistance fund for HYPE purchases. The payment covered the period from August 26 to September 24, with an implied average fee rate of 3.14%, which projects to approximately $193 million in annualized revenue at current scale. Under the mechanism, when users bridge USDC to Hyperliqui
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HYPE1.68%
03:31
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Samsung Quotes HBM4 Memory at $4 per Gb for 2027, Triple Current HBM3E Pricing

According to Korean media outlet Edaily, Samsung quoted 2027 HBM4 memory pricing at $4 per Gb for major customers on October 2, representing a threefold increase from current HBM3E levels of approximately $1.50 per Gb. Samsung's HBM4 features data transmission speeds of 11.7 to 13 gigabits per second, positioned as the industry's highest. The company aims to convert superior performance and stable supply capabilities into price premiums amid year-end contract negotiations. Strong AI infrastructu
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03:25
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Tesla Q3 Deliveries Hit 486,532 Units, Beating Estimates by 25,000; Stock Rises 4.65% on Friday

Tesla delivered 486,532 vehicles in the third quarter on Friday, exceeding analyst consensus expectations of 461,974 units by approximately 25,000. The report marked the company's strongest single-day performance in recent weeks, with shares closing up 4.65% to $370.59. Key highlights included inventory clearance, with deliveries outpacing production by 22,000 units, and recovery in European sales offsetting weakness in U.S. and China markets. Energy storage deployments reached 13.7 GWh, up 9.6%
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