Gate Crypto Flash News and Market Updates

According to Tibo, OpenAI's Codex product manager, GPT-6.1 Sol has become the company's most demanded model on October 1, straining both API and subscription user services. OpenAI has since deployed additional computational capacity to address the load pressure. Tibo stated that performance speeds are expected to improve significantly within hours, reaching nearly twice the speed from the previous day.

According to Guru Club, international crude oil prices surged on October 1, with WTI crude oil futures rising 0.96% to $91.291 per barrel and Brent crude futures climbing 1.06% to $99.071 per barrel.

According to Guru Club, on October 1, Brent crude oil futures touched $100 per barrel for the first time, trading at $100.118 with a daily gain of 2.13%. WTI crude oil futures rose 2% to $92.261 per barrel. In equities, Europe's STOXX 600 index declined 1.1% to its lowest level since June 12.

According to Citi, on October 1, the bank raised its 12-month Bitcoin price forecast to $113,000 and Ethereum forecast to $3,028.

According to OpenAI, on October 1, the company noted reports that its models attempted to access public information from Canadian government websites. OpenAI is reviewing the matter and has provided preliminary notification to Canadian authorities.

According to FactBlock, Korea Blockchain Week 2026 with Upbit concluded its two-day main conference on Oct 1, held at Walkerhill Hotel & Resort in Seoul. The event featured 290 speakers delivering 120 sessions across 3 stages, with 12,500 total attendees recorded. Notably, 115 speakers (39.7% of total) represented finance, policy, and digital asset sectors, marking the conference's shift toward institutional participation and bridging traditional finance with digital assets. Key discussions cent

EUR/USD fell below the 1.13 level today, marking the first time since May 2025. The currency pair declined 0.26% during the day's trading session.

According to Standard Chartered, on September 30, the bank initiated research coverage of Ethena's ENA token with a US$2 price target for the end of 2028, approximately seven times the US$0.28 cited in its report. The bank estimates Ethena's USDe stablecoin supply could reach US$40 billion by end-2028. Under Ethena's governance rules, token buybacks begin only once USDe circulation reaches US$7.5 billion; CoinGecko showed approximately 4.87 billion USDe in circulation on Thursday.

According to a16z Crypto General Partner Guy Wuollet, speaking at the a16z Crypto Korea Summit on October 1, the venture capital firm chose Seoul as its first Asia office due to the high proportion of Korean users among portfolio companies' user bases. Wuollet stated that both personal experience and data show South Korea is a nation highly optimistic about technology and actively embraces blockchain-based infrastructure and services. a16z opened its Seoul office in June 2026.

According to South Korea's Financial Services Commission and Korea Exchange, the country outlined a phased implementation strategy for its tokenized securities (STO) market on October 1 during the 2026 Korea Premium Week summit in Seoul. The regulator plans a three-stage approach: initial offerings targeting institutional investors with simpler products like money market funds and corporate bonds, followed by expansion to public securities, and ultimately integration of on-chain settlement infra

According to Chainalysis, Singapore's crypto economy grew 55.4% to US$284 billion in the year to June 30, becoming the largest in Central & Southeast Asia and Oceania. Activity on institutional platforms surged 94% to US$60 billion, with most concentration among market makers, OTC desks and institutional brokerages. Australia ranked second at US$173.1 billion.

According to South Korea's Financial Services Commission on October 1, the nine largest securities firms must allocate at least 25% of research reports to small and mid-cap stocks, with at least 12.5% covering KOSDAQ-listed companies outside the top 150. The move aims to address analyst bias toward large-cap stocks and buy recommendations. Analysts will be permitted to publish reports anonymously to encourage more sell recommendations, which currently account for less than 1% of all reports. Sec

Switzerland's service sector PMI rose to 59.8 in September, up from 58.3 the previous month, according to purchasing manager data.

According to OKX market data, U.S. stock products on OKX generated $54.7 billion USDT in trading volume over the past 30 days as of September 30. Stock perpetual futures accounted for $53.3 billion USDT, while spot trading reached $1.38 billion USDT. The most actively traded stocks were SNDK, SOXL, and SKHYNIX, with semiconductor stocks leading sector interest.

Switzerland's manufacturing PMI fell to 55.3 in September, below the expected 56.6 and declining from the previous month's 57.1, according to the latest data released on October 1.

According to Gate data, the Stoxx Europe 50 (EUSTX50) fell to 6,195.90 points, down 2.4% over the last 24 hours.

According to Gate data, Brent crude oil (XBRUSD) breaks through $104 per barrel, now trading at $104.00, up 4.1% in 24 hours.

DIG Ventures recently announced the close of its third fund with $120 million in commitments. The fund, backed by Horsley Bridge, Sofina, Granite, and a leading U.S. university endowment, will invest in pre-seed and seed-stage AI-native enterprise software and cloud infrastructure startups. Investment focus areas include data, identity, compliance, and orchestration infrastructure supporting AI-native software development. The fund plans to lead most investment rounds and has begun deploying cap

According to Jin10, WTI and Brent crude oils surged over 2% intraday on October 1, trading at $91.2 and $99.4 per barrel respectively. Meanwhile, spot gold declined sharply, dropping nearly $20 to $4,155.83 per ounce.

According to BlockBeats, on October 1, the U.S. 10-year Treasury yield rose to 5.33%, marking its highest level since 2002.