Gate Crypto Flash News and Market Updates

According to Jin10, on October 1, ECB President Christine Lagarde initiated formal procedures to select a successor for Executive Board member Isabel Schnabel. Schnabel announced last week she will depart the ECB in early January 2027, nearly a year before her term ends, to take a senior role at the International Monetary Fund. The Eurogroup, comprising finance ministers of euro area countries, will oversee the process and may discuss it at its October 8 meeting in Luxembourg.

California gasoline prices are approaching historical highs, with statewide average regular gasoline at $6.37–$6.38 per gallon on October 1, 2026. Governor Gavin Newsom issued an executive order to suspend summer gasoline restrictions and allow the earlier release of lower-cost winter gasoline into the market to ease consumer pressure. In San Francisco Bay Area and Los Angeles, prices at some gas stations have surpassed $6.40–$7.00 per gallon, with diesel near $8.40 per gallon. According to GasB

According to Guru Club, Indonesia's benchmark stock index fell 4.2% to 5,688.574 points on June 4, marking its lowest level since December 2020.

According to BlockBeats, on October 1, 19 MetaMask validators were targeted in an attack, with 18 block rewards rerouted to an address funded by Tornado Cash instead of the correct fee recipient address. The attack resulted in approximately 0.36 ETH being stolen, analysts said. Following the incident, roughly 17,000 validators voluntarily exited, involving approximately 523,000 ETH. Analysts believe the attacker likely lacks the ability to withdraw staked ETH, though if the attacker obtained val

South Korea reduced its October bond issuance plan by 5 trillion won, lowering the month's government bond issuance target to 12 trillion won.

According to News1, Mirae Asset Securities officially launched its rebranded portfolio-focused investment platform MAPS today, Oct 1, upgrading from the previous M-STOCK mobile trading system. The platform is designed to help customers view asset allocation, assess investment direction, and execute trades from a portfolio perspective. New features include an AI market summary service called MarketNow that updates every two hours, a dedicated digital asset section providing market data alongside

According to Korea Exchange's legal portal, the exchange will eliminate its penalty reduction clause for members who received fines from financial regulators, effective Oct 2. The exchange is replacing this automatic reduction with a discretionary mechanism allowing the Market Surveillance Committee to reduce penalties only when the sanctions are deemed "excessively disproportionate" to the violation. The exchange stated this change aims to enhance fairness and consistency in member disciplinary

According to Goldman Sachs, the investment bank delayed its forecast for the Federal Reserve's next rate hike from October to December on October 1, citing weaker-than-expected inflation data that has cooled market expectations for near-term policy tightening. The institution previously expected the Fed to raise rates by 25 basis points in October but now believes the central bank may need more time to assess economic conditions. Goldman Sachs noted that if inflation continues to moderate, the F

Google unveiled its flagship Gemini 4 AI model today (October 1), with Alphabet's stock gaining 2.6% in premarket trading following the announcement.

According to Singapore's Economic Development Board, fuel oil inventories fell 1.052 million barrels during the week ending Sept 30, dropping to 18.726 million barrels, marking a 6-week low.

Sanofi and U.S. partner Regeneron announced Thursday an expanded collaboration to jointly develop four new drugs under an agreement worth up to $8 billion. Sanofi will pay Regeneron $1 billion upfront, with additional payments of up to $7 billion tied to development, regulatory, and commercial milestones. Sanofi shares rose 2% in early Paris trading.

On October 1, Bitcoin briefly surged above $85,500 following softer-than-expected August inflation data, though the rally faded as Treasury yields remained elevated. BTC currently trades at $84,100, up 1.3% over 24 hours. August headline PCE inflation rose 3.4% year-over-year, while core PCE increased 3.0%; monthly core inflation came in at 0.2%, below the 0.3% forecast. The softer-than-anticipated inflation report initially reduced market expectations for an October Federal Reserve rate hike an

According to ChainCatcher, Marinade's governance committee rejected two proposals within 6 hours, preventing a takeover attempt on the Solana-based liquid staking protocol. The DAO confirmed that no funds were transferred and staking services remained unaffected by the incident.

According to Coin Insider, South Korea's Google Trends investment-search index rose 95.7% over the latest 13 weeks compared with the year-earlier period, leading a 48-country ranking. Singapore ranked second at 66.1%, followed by Spain at 60.9%, Argentina at 51.1%, and Bangladesh at 49%.

According to Lookonchain, on October 1, a whale withdrew 5,000 ETH from Binance, valued at approximately $13.43 million. The withdrawal marked the whale's first activity after remaining dormant for five months.

According to an interview with South Korean media outlet [시대], KB Asset Management has launched a series of unconventional ETF marketing campaigns that break from traditional financial advertising conventions. The campaigns feature creative elements including comedian Lee Sun-min in yellow shorts promoting the 'Ban-Ba-Ji-Ro' ETF—a play on words representing semiconductors, biotechnology, secondary batteries, and robotics—alongside campaigns that employ dating show poster formats and egg carton v

Eurozone manufacturing PMI came in at 52.9 in September, exceeding the consensus forecast of 52.7 and holding steady against the previous month's reading of 52.7. The reading indicates continued, albeit modest, expansion in the manufacturing sector.

According to on-chain analyst Yu Jin, an institution liquidated 17.25 million ETH in early September, realizing $124 million in profit. The entity subsequently withdrew 3.125 million UNI from centralized exchanges between September 15–22, valued at $24.21 million at an average price of $7.7 per token.

According to Odaily, HSBC plans to launch HSBC Redcoin, a Hong Kong dollar stablecoin, in the second half of 2026. The stablecoin will initially support peer-to-peer transfers and merchant payments through PayMe and HSBC HK Mobile App, with plans to expand to corporate and institutional wholesale use cases. The Hong Kong Monetary Authority issued stablecoin issuer licenses to HSBC and Anchorpoint Financial on April 10. HSBC said it will conduct consumer education on fraud prevention and transpar

According to PANews, SBI Holdings completed its full acquisition of cryptocurrency exchange Bitbank on October 1, with Bitbank becoming a wholly-owned subsidiary of the SBI group. The transaction was finalized through Bitbank repurchasing shares from MIXI and Ceres. Following the completion, Toshihiko Kondo, president of SBI VC Trade, will join Bitbank's board of directors, while Bitbank's current CEO Noriyuki Hirosue is expected to become an external director at SBI VC Trade. Bitbank stated tha