Gate Crypto Flash News and Market Updates

According to Shanghai Gold Exchange, on Oct 6, gold and silver futures contracts rallied in early morning trading. Gold T+D rose 1.37% to 906.8 yuan per gram, while silver T+D increased 0.67% to 14,890 yuan per kilogram.

According to Yonhapinfomax, South Korea's bond market is forecast to weaken on October 6 as global long-term interest rates continue rising despite softer U.S. employment data. The U.S. unemployment rate held at 4.2%, considered healthy by Federal Reserve Chair Jerome Powell, limiting the impact of slower job creation on rate expectations. President Lee Jae-myung emphasized the government's commitment to curbing real estate speculation, citing surging apartment listings in affluent Seoul distric

On September 16, CZ posted "Every dip is an opportunity" when Bitcoin was trading around $75,800, according to community records. Responding to claims that the post was prescient, CZ clarified on October 6 that the timing was coincidental and that his accuracy rate is only "slightly higher than 50%" because he remains consistently bullish on Bitcoin overall.

According to market data, Leopold Aschenbrenner's four options positions on Micron (strike $1,000), SanDisk (strike $1,600), Intel (strike $115), and Marvell (strike $250) all expired in-the-money over the past two weeks. The positions generated approximately $45.6 million in profit on a $96 million investment, representing a 47% return.

According to CoinDesk, Payward (the financial infrastructure company behind Kraken) integrated Singapore Gulf Bank's SGB Net real-time clearing network on October 5, enabling selected institutional clients across Asia and the Gulf to settle US dollar digital asset transactions 24/7, including on non-banking days. Singapore Gulf Bank's SGB Net handles more than $20 billion in fiat transactions monthly. Both companies plan to expand client participation and add more currencies over time.

According to ChainCatcher, the U.S. CFTC issued a no-action relief today allowing designated contract markets (DCMs) to convert existing perpetual-like contracts into true perpetual futures without expiration dates, with the exemption valid through October 20. DCMs must solicit input from open interest holders, provide advance notice with withdrawal opportunities, and disclose associated risks before conversion.

According to Nikkei, Vietnam's government extended multiple tax exemptions through December 31 to address energy supply disruptions caused by Middle East conflicts and help curb inflation. The exemptions on environmental tax, aviation fuel tax, value-added tax, and import duties will result in a loss of 13.8 trillion Vietnamese dong (approximately $530 million) to the government. The Finance Ministry stated the extensions aim to lower transportation, logistics, production, and operating costs du

According to financial sources, JB Financial Holdings issued 100 billion Korean won in subordinated capital securities on October 2 at a coupon rate of 5.90%, marking the high end of its guidance range of 5.20%–5.90%. The spread over the five-year Korean government bond reached 170 basis points, significantly exceeding the 90bp spreads seen among higher-rated peers such as iM Financial and KB Financial Holdings, which hold AA- credit ratings compared to JB's A+ rating. The higher borrowing cost

According to Hong Kong Exchanges and Clearing, on October 5, Kaisa Group Holdings (01638) saw a position transfer totaling 117.67 million Hong Kong dollars, representing 5.58% of the company. The shareholder transferred 493 million shares out of HSBC Hong Kong and transferred 463 million shares into BNP Paribas.

According to Hong Kong Exchange data, on October 5, Merry Health International (02327) repositioned 261 million shares from China Shenwan Hongyuan Securities Hong Kong to Mason Securities Hong Kong. The transfer valued at HK$56.30 million, representing 6.42% of the company's shareholdings.

According to iM Securities, the company launched fractional trading for Korean stocks, allowing investors to purchase holdings in KOSPI 200 and KOSDAQ 150 constituent stocks with a minimum investment of 1,000 Korean won. Market-suspended stocks and exchange-traded funds are excluded from the service.

According to Morgan Stanley report, SpaceX stock surged 7.6% to $171.09 on October 5 (local time), reaching its highest level since mid-June. The rally reflected optimism ahead of the company's third-quarter earnings report scheduled for late October and the next Starship test flight. Related South Korean listed companies rallied in response; Sphere (347700) jumped 10.37% to 27,150 Korean won on October 6 morning, while AJU IB Investment (027360) and Mirae Asset Venture Investment (100790) also

According to Cointelegraph, Fairshake, a cryptocurrency industry political action committee, announced on October 6 support for 32 House candidates in the 2026 U.S. midterm elections, including 19 Republicans and 13 Democrats. The PAC plans to invest over $100 million overall and allocated $6 million in the initial round, with $1 million each going to six candidates: Democrats Janelle Bynum, Derek Tran, and Steven Horsford, and Republicans French Hill, Bill Huizenga, and Bryan Steil. Fairshake s

According to multiple sources familiar with the matter, OpenAI is in recent discussions with UAE investment funds, including MGX, to secure $30 billion in funding at a pre-money valuation of $1.4 trillion. The UAE-based funds are considering a combined investment of approximately $10 billion, while BlackRock is also exploring participation in this funding round. Unlike typical venture financing, OpenAI has set the $1.4 trillion valuation as a fixed price rather than negotiating terms, marking a

According to HKEx data, on October 5, High Yield Finance (08221) underwent a significant share transfer totaling HK$3.96 million, representing 5.01% of the company's capitalization. The company transferred 229.5 million shares from BNP Paribas to Hongsmart Securities.

According to CoinDesk, Bitcoin twice attempted to break above its late September high of $87,400 but retreated from near $87,000 within a week. The latest surge brought BTC to approximately $87,000, just $500 below the previous peak, before selling pressure drove prices lower. Earlier this week, BTC had rallied to around $85,500 following lower-than-expected U.S. inflation data but declined hours later.

On October 5, Kaixin Group (1638.HK) underwent a position transfer involving 493 million shares from Hong Kong Shanghai Banking Corporation (HSBC), with a total market value of 117.67 million HKD, representing 5.58% of total holdings.

According to Hong Kong Stock Exchange data, on October 5, shareholders of China Ze Feng (01282) deposited 323 million shares to Baosin Securities, increasing their holding by 6.47%. The pledged share position totaled HK$32.96 million in market value, accounting for 6.46% of the company's total shareholding.

According to Hong Kong Stock Exchange data, Meiji Holdings (01389) saw a repositioning on October 5 with total value of HK$155 million, representing 53.77% of shareholding changes. The company transferred 298 million shares from China Merchants Securities International to Gold Lion Securities.

According to Hong Kong Exchanges and Clearing, shareholders of Chinese tea chain Lukee (01364) deposited 566 million shares into HSBC on October 5, raising total pledged value to HK$12.769 billion, representing 24.46% of the company's total shares. The pledge increased the shareholder's stake by 24.19%.