Gate Crypto Flash News and Market Updates

According to Edaily, South Korea's KOSPI index fell 1.29% to 6,913.38 points in afternoon trading on October 6, retreating below the 7,000 line as foreign investors dumped 1.32 trillion won worth of shares. Major semiconductor stocks including Samsung Electronics (-2.17%) and SK Hynix (-3.48%) led the decline amid mixed U.S. macroeconomic signals. In contrast, the KOSDAQ surged 2.46% to 915.23, breaking through the 900 level for the first time in approximately three months. The rally was driven

According to ChainCatcher, Ethereum developers released Prysm client version 7.2.1 on Monday evening with a built-in 200 million Gas limit setting ahead of the Glamsterdam upgrade on Sepolia testnet scheduled for Tuesday at 13:53:36 UTC on October 6. The upgrade will increase Sepolia's Gas limit from approximately 60 million to 200 million, allowing the network to process more transactions and complex activities simultaneously. Validators running outdated versions of Prysm will continue proposin

According to The Information on October 5, Microsoft and Meta are reducing internal Claude usage and cutting budgets to promote their own AI tools. Microsoft has cut its annual Claude spending by over one-third from an estimated $1 billion, while Meta's Claude Code users have dropped approximately 50% to around 30,000 from roughly 60,000 earlier this year. Despite the internal pullback, both companies stated that external customer demand for Claude through enterprise platforms remains stable and

According to Andrew Cuomo, co-chair of OKXICE, the joint venture between crypto exchange OKX and Intercontinental Exchange (NYSE's parent company), on October 5, OKXICE notified the SEC that it intends to launch a Tokenized Securities Venue (TSV) under the SEC's Innovation Exemption program. The platform will enable 24/7 trading of tokenized versions of 60+ U.S.-listed companies, including Nvidia, Apple, Microsoft, Amazon, Tesla, Coinbase, Robinhood, and Circle. OKXICE submitted the notice to th

According to Jin10, Japan's Prime Minister Takayama Koichi defended her absence from a G7 video conference on October 6, stating that France as chair had arranged the meeting on short notice and permitted representation. She noted that UK Prime Minister Burnham and European Council President Costa also did not attend in person, with the Foreign Ministry's Deputy Vice Minister Kazuya Endo representing Japan. Meanwhile, the G7 agreed to coordinate the release of 100 million barrels from oil reserv

Brent crude oil reached $100 per barrel on October 6, gaining 0.55% intraday.

According to CoinDesk, Bitcoin faced selling pressure at the $87,000 level on October 6, marking the third time since September 23 that BTC has encountered resistance near this price. Crypto market cap fell to approximately $2.93 trillion, while U.S. equities showed strength with Nasdaq 100 reaching a new closing high and the S&P 500 less than 0.5% below its all-time high. The 10-year U.S. Treasury yield climbed to 5.32%, approaching its highest level since 2002. FxPro analyst Alex Kuptsikevich

According to Digital X's official announcement, the Mirae Asset digital asset platform unveiled a redesigned mobile application with an embedded generative AI chatbot today, October 6, marking the first such offering by a domestic cryptocurrency exchange. The AI responds to natural language queries—such as "Why did Bitcoin drop overnight?"—by aggregating relevant news from global media sources with citations and providing market analysis. The new app also includes an automated portfolio diagnost

According to China's embassy in Saudi Arabia, on October 6, the Saudi Interior Ministry issued an emergency notice prohibiting the photographing, publishing, or dissemination of information related to intercepted missiles, drones, and their impact sites. Violators face legal consequences. The embassy urged Chinese institutions and citizens in Saudi Arabia to remain vigilant, comply strictly with local laws, and take precautions amid escalating regional tensions.

According to Mobility Global, gasoline-powered vehicles accounted for 49% of global new car sales in the first half of 2026, marking the first time their market share has fallen below 50%. This represents a significant decline from 73% in 2021, a drop of 24 percentage points over five years. In the past year alone, gasoline vehicle sales declined 10% year-over-year to 20.25 million units, with market share falling from 52% to 49%.

According to Moscow Mayor Sergei Sobyanin, Ukraine launched a large-scale drone attack on the Moscow region overnight on October 5-6, with 650 drones heading toward the area. The Russian military intercepted most of the drones at long range. According to TASS, this marks one of the largest such attacks on Moscow in two years.

According to the Korean Corporate Governance Forum, on October 6, the forum questioned SK Group Chairman Chey Tae-won's purpose in selling 944 billion won worth of SK Inc. shares, citing concerns about circumventing the "3% rule" ahead of next year's shareholders meeting. The forum argued that if the buyer—an undisclosed strategic investor receiving 544 billion won and Korea Investment Securities receiving 400 billion won—made implicit agreements with Chey to exercise voting rights in the same d

According to Jin10, on October 6, domestic Chinese gold jewelry prices remained largely unchanged compared to the previous day, with most brands' fine gold (999 fineness) trading in the range of 1,247 to 1,251 yuan per gram.

According to the Korea Listed Companies Association, audit opinions for 2,485 KOSPI and KOSDAQ-listed companies for the fiscal year ended December 31, 2025, showed improvement on both fronts. The number of companies receiving adverse opinions on financial statements dropped to 53 (2.1%) from 56 (2.3%) in the prior year, while adverse internal accounting control opinions fell to 70 companies (2.8%) from 75 (3.1%), reaching the lowest level in six years. Large-cap companies with assets of 2 trilli

On Oct 5, Cerebras Systems' stock surged 9% following remarks by OpenAI CEO Sam Altman. On Oct 2, Altman stated on X that Cerebras is a close partner with OpenAI, working together to enhance AI inference speed. The stock had previously declined 19.5% over five trading days amid reports that OpenAI might use Nvidia's GPUs instead of Cerebras chips for its GPT-6.1 Sol model's inference operations. Altman's endorsement reaffirmed the partnership, which includes OpenAI's $10 billion chip supply agre

According to Cointelegraph, Google Cloud will shut down its Blockchain Node Engine and RPC services on December 15, 2026. The company has recommended Quicknode as the official migration provider, urging customers to complete transfers and adjust their application configurations before the deadline. Clients can redeploy nodes and RPC endpoints through Google Cloud Marketplace or Quicknode's platform. Google will automatically delete all existing Blockchain RPC endpoints on December 15, requiring

According to Sam Altman's X post on October 2, Cerebras stock surged 9% on October 5 after the OpenAI CEO confirmed the AI chipmaker is a "close partner" collaborating on faster AI inference capabilities. The move follows reports questioning the strength of the partnership. OpenAI and Cerebras signed a $10 billion chip supply agreement in January, with Cerebras set to provide 750 megawatts of AI computing power through 2028.

According to Financial News, on October 6–7, Hana Investment Securities unveiled a comprehensive overhaul of its Mobile Trading System (MTS) for retirement accounts, aiming to become the industry leader. Currently ranked third among brokers in the retirement pension business, the company is shifting its MTS from a basic trading tool to a digital wealth management platform that tracks retirement assets, provides personalized recommendations, and guides portfolio management using AI-powered diagno

According to Coinglass data cited by ChainCatcher, the Crypto Fear & Greed Index currently stands at 74 as of today (October 6), up 3 points from yesterday. The 7-day average is 70, while the 30-day average is 67, indicating a sustained greed-dominant sentiment in the crypto market.

According to Phaseside data, U.S. Ethereum spot ETFs experienced record net outflows of $19.92 billion on October 5 (U.S. Eastern Time), marking the largest single-day withdrawal since the products' launch. Over the past five trading days (September 28–October 5), cumulative net outflows reached $20.02 billion, with four consecutive trading days of outflows. BlackRock's ETHA led the exodus with $19.90 billion in net redemptions.