Gate Crypto Flash News and Market Updates

According to Forbes, Citi analysts upgraded Bitcoin's 12-month price target to $113,000 from $82,000 on October 2, and predicted Ethereum will break above $3,000. The analysts attribute the upward revision to growing cryptocurrency allocation by investment advisors and brokers, which is expected to drive approximately $5 billion in additional inflows to Bitcoin ETFs. Citi noted that U.S. Bitcoin spot ETFs currently hold approximately 1.3 million BTC with total assets under management of around $

According to ChainCatcher and West Midlands Police, a young couple in Birmingham was robbed and threatened with a knife to transfer cryptocurrency on December 13, 2025. Three men forced their way into the home in Smith's Wood, assaulting the husband and threatening the pregnant wife with a blade while a fourth person provided instructions via video call. The attackers obtained cryptocurrency and high-value watches before fleeing in a black BMW X3. Crimestoppers is offering a reward of up to 10,0

According to ChainCatcher, citing Gate market data, Seagate Technology and Western Digital shares fell 11.4% and 7.1% respectively in U.S. stock premarket trading on October 2.

According to Jin10 data on October 2, German government bonds emerged as the primary safe-haven asset this week amid global bond selloffs, as investors worried about overheating U.S. economic growth and fiscal concerns across Europe. Ten-year German bond yields declined 0.2 percentage points, while U.S. and French yields rose 0.05 and 0.22 percentage points respectively. Reinout De Bock, head of European rates strategy at UBS, said: "Demand for safe assets (German government bonds) is rising." A

According to UBS, on October 2, the bank predicted that the yield spread between German and Italian 10-year government bonds will widen to 150 basis points. UBS strategists recommended investors short Italian government debt and go long German bonds. The spread had already risen to 129 basis points by October 2, from 119 basis points when UBS issued the recommendation on Friday morning.

SpaceX's Starship reached orbit on Monday this week and deployed 26 Starlink V3 satellites, though an upper-stage engine shutdown shortened the planned 10-hour mission to roughly three hours. SPCX shares fell 0.4% over the past week, the smallest decline among peers—ASTS dropped 8%, PL fell 7%, RDW slid 9%, FLY lost 6% and RKLB declined 5%.

According to data from SoSoValue cited by The Block, US spot bitcoin ETFs saw net inflows of $2.65 billion in September, marking the second-strongest month since October 2025. The figure trailed August's $3.52 billion but remained well above most monthly averages from the prior year. Spot ether ETFs drew $832.43 million in net inflows during the same period, their second-best month since August 2025. On October 1, bitcoin ETFs gained $102.7 million while ether ETFs saw $55.4 million in outflows.

According to the IMF executive board, El Salvador received approval for a $138 million immediate disbursement on October 1, 2026, despite missing a performance criterion tied to Bitcoin accumulation. The waiver came as the Fund completed its second and third program reviews under El Salvador's Extended Fund Facility. Under the new agreement, El Salvador is prohibited from further government-led Bitcoin purchases beyond documented donations, and majority ownership of the Chivo wallet has been tra

According to Nebius, the cloud infrastructure provider raised on-demand Nvidia GPU rental rates effective October 1, 2026, with H100 increasing to $4.50 per GPU-hour from $3.85 (up 16.9%), H200 to $5.40 from $4.50 (up 20%), B200 to $8.50 from $7.15 (up 18.9%), and B300 to $9.50 from $7.85 (up 21%). The pricing changes indicate persistent chip scarcity in the secondary market. CoreWeave separately announced on September 17 that it continues signing short-term compute contracts at higher prices, w

According to Stand With Crypto EU, more than 50,000 European Union citizens emailed the European Commission on September 22 during the MiCA review's public comment window, asking it to allow regulated stablecoins to offer rewards, cashback and loyalty benefits. A separate petition gathered over 126,600 signatures. However, the European System of Central Banks requested the opposite, asking regulators to keep the existing ban on stablecoin rewards and extend it to indirect perks and crypto lendin

According to CryptoJobsList's Q3 2026 hiring report, crypto job postings tripled from 382 in July to 1,241 in September, while the number of companies actively hiring peaked at 125. Applications fell from 26,728 in July to 19,605 in September, signaling renewed competition for talent as candidate supply thinned following earlier tech layoffs. Confidence in the sector was bolstered on October 1 when the SEC proposed new rules designed to simplify crypto custody for investment advisers and regulat

TARA's price soared 16.75% in the last hour, climbing to $0.00002963 from $0.00002538. The token currently has a market cap of $156,028 with 24-hour trading volume of $65,823.

According to Bloomberg, on October 2, Cboe Global Markets is considering launching perpetual futures contracts based on the CBOE Volatility Index (VIX). The company will explore launching such contracts once U.S. regulatory guidance on perpetual futures becomes clearer. Rob Hocking, Cboe's global derivatives chief, noted that clients have repeatedly requested ways to gain direct VIX spot exposure, and perpetual futures could provide a viable solution to this demand.

According to ChainCatcher, the U.S. Treasury Department's Office of Foreign Assets Control has designated the Russian shadow banking network A7 as a major transnational criminal organization, listing its operations in Russia, Kyrgyzstan, Nigeria, and Zimbabwe. The Financial Crimes Enforcement Network proposed a rule prohibiting U.S. institutions from participating in any fund transfers involving the network's secondary agents, covering transactions in convertible virtual currencies and fiat mone

According to BlockBeats, on October 2, Cboe is seeking to transform the trading mechanism of VIX index derivatives, moving from traditional scheduled products toward around-the-clock trading. The platform is exploring a continuous trading model similar to the structure used in cryptocurrency markets.

According to Standard Chartered, the European Central Bank (ECB) is now expected to cut interest rates by 25 basis points in the fourth quarter of 2027, pushing back the bank's previous forecast from Q3 2027.

According to Standard Chartered, the European Central Bank is expected to raise interest rates by 25 basis points in December 2026, a shift from the bank's previous forecast that predicted the ECB would hold rates steady.

According to Jin10, as Brazil's presidential election approaches on October 6, derivatives trading volume has surged with the real's one-week implied volatility soaring to 31%, the highest since late 2022. Wall Street investors are increasingly using options rather than direct currency bets to hedge against uncertainty in the race between incumbent President Luiz Inácio Lula da Silva and former President Jair Bolsonaro's son. Recent polls show the candidates running narrowly, with no winner expe

India's foreign exchange reserves declined by $18.343 billion week-on-week to $747.56 billion, according to official data released this week.

According to Whale Alert, 1,075 BTC worth approximately $92.8 million was transferred to OKEX earlier today (October 2). The on-chain monitoring platform tracks large cryptocurrency transactions on the blockchain to provide insights into potential market movements.