Gate Crypto Flash News and Market Updates

On Wednesday, October 7, U.S. 10-year Treasury yields exhibited a V-shaped pattern in New York afternoon trading. The 10-year yield closed up 0.23 basis points at 5.2816%, after climbing to a daily high of 5.3624% at 21:27 Beijing time, before sliding sharply when Treasury bond auction results were announced at 01:00. The 2-year yield fell 3.35 basis points to 4.7661%, declining from an intraday peak of 4.8352%, while the 30-year yield gained 0.93 basis points to 5.6668%. The 2/10-year yield cur

On October 7, the ICE Dollar Index rose 0.41% to 102.253 in New York late trading, with intraday range of 101.903-102.499 points. The index refreshed its daily high at 20:27 Beijing time, extending gains since Asia-Pacific open. The Bloomberg Dollar Index rose 0.28% to 1223.60 points, with intraday range of 1220.06-1226.24 points.

The UK Maritime Trade Operations (UKMTO) received a report today of an incident 51 nautical miles north of Madinat Ash Shamal, Qatar. A tanker reported being struck by multiple shells, with casualties confirmed.

According to the U.S. Offshore Energy Management Agency (MMA), as of today, approximately 25.08% of oil production and 16.37% of natural gas production in the Gulf of Mexico have been halted.

According to the U.S. Bureau of Ocean Energy Management (BOEM), approximately 25.08% of oil production and 16.37% of natural gas production in the Gulf of Mexico have been shut down today.

According to Jin10, Pakistan's military is conducting defense cooperation with Saudi Arabia across multiple sectors and capabilities, a spokesman for Pakistan's military said on October 7. Major General Ahmad Sharif Chaudhry, Director General of Pakistan's military media wing, stated that the cooperation is built on long-standing diplomatic, political, military, and civilian relations among Pakistan, Saudi Arabia, and Turkey. Pakistan's armed forces have been stationed in Saudi Arabia for decade

According to Bloomberg, on October 7, Galaxy Digital CEO Mike Novogratz called artificial intelligence the "biggest bubble of our lifetime" yet argued it remains a worthwhile investment, as the upswing has not reached its dramatic end. Speaking at the Greenwich Economic Forum in Connecticut, Novogratz noted that AI-related stocks still trade at relatively cheap valuations and stated that investors who have not participated in AI would be better served ice-bathing their heads. Meanwhile, Ray Dali

According to Protos, Cardano wallet firm SecondFi launched a recovery portal today (October 7) for victims of its $21 million hack in June 2026. The platform will compensate victims who cannot recover their NFTs with a fixed amount of 30 ADA, worth approximately $7.60 per NFT. Recoveries will be based on an "incident snapshot" from the June exploit, though SecondFi noted final amounts may differ. The portal launch was initially scheduled for August but faced multiple delays through September. Ho

According to data submitted to the National Assembly Budget Committee on October 7, the Bank of Korea's internal AI system BOKI has seen rapid adoption since its launch. Token usage—a measure of processing volume—surged to 12.78 billion in July from 158.6 million in February, an approximately 80-fold increase over five months. Monthly active users grew from 977 to 1,336 over the same period, with about 70% of eligible staff now using BOKI for daily operations. The Bank of Korea estimates that wi

According to Reuters, OpenAI released its first report on teen ChatGPT usage on October 7, showing teenagers use the platform less than 15 minutes daily on average, with fewer than 2 percent engaging in conversations exceeding three hours. The company highlighted that approximately half of users pause or end chats within five minutes after receiving break reminders. However, nonprofit Common Sense Media published an independent test report the same day raising questions about the safety mechanis

According to CNBC, Jay Clayton, U.S. intelligence official and AI chief, stated that the United States is currently engaged in talks with 20 to 25 AI companies.

According to Jin10, U.S. President Trump said on Wednesday that he could have taken "very bad" actions against Hillary Clinton, Biden, and Obama, but chose restraint. When asked what grounds Democrats might use to impeach him if they gain control of Congress, Trump did not specify, instead discussing past opportunities to act against political opponents. "I could have done very, very bad things to Biden. I could have done very bad things to Hillary Clinton. I could have done very bad things to O

Google is expanding its SynthID Detector to media professionals globally, with the English-language version launching starting Wednesday. The tool enables users to detect whether images, videos, or audio files were generated by AI systems from Google or its partners. Partners include OpenAI, Nvidia, and Kakao, with Apple joining soon. Google's built-in verification features in Search, Gemini, and Chrome already process over one million detection requests daily.

According to data submitted to South Korea's National Assembly, market makers on the Korea Exchange's aftermarket contributed an average of only 48.62 million won in daily trading volume from September 14–29, representing just 0.004% of the market's total trading volume during that period. Among 190 listed stocks, the average daily trading volume per stock was just 256,000 won, with 43 stocks recording zero market maker transactions. Volatility Interruption (VI) mechanisms were triggered 1,637 t

According to Alaska News, U.S. Vice President J.D. Vance confirmed on October 7 his administration's commitment to complete the Alaska liquefied natural gas (LNG) development project, stating the effort would proceed even with participation from Japan or other countries if needed. Vance cited Alaska's competitive natural gas pricing, quality, and supply reliability as key factors. Republican Senator Dan Sullivan, who accompanied Vance in the interview, asserted that funding has been secured, tho

According to ChainCatcher, President Trump will announce over $1 billion in investment commitments from AMD, OpenAI, Anthropic, and other companies for the 'Genesis Plan' on Thursday (Oct 8) at an AI science conference. The investment includes the establishment of compute hubs across 10 southeastern U.S. states, with Georgia committing $1 billion. The National Science Foundation and Department of Energy will each contribute over $100 million to develop AI science research tools.

According to The Atlantic, the White House has requested that the U.S. Department of Defense provide military options for striking Iran. No additional details regarding the scope or timeline of the requested options were disclosed.

According to data submitted by South Korea's Financial Supervisory Service to the National Assembly on October 7, margin financing auto-execution amounts reached approximately 63.5 trillion won during the first eight months of 2026, surging 77.7% compared to 35.8 trillion won for the entire 2025. Among major brokerages, Kiwoom Securities led with 58.9 trillion won in auto-executed amounts, representing an 80% increase from 32.8 trillion won in 2025. Mirae Asset Securities and KB Securities also

According to White House spokesperson Liz Houston, on Thursday, October 9, President Trump will present the National Medal of Science and the National Medal of Technology and Innovation to multiple technology leaders, marking his first issuance of these honors. Recipients include Tesla and SpaceX CEO Elon Musk, Google co-founder Sergey Brin, NVIDIA CEO Jensen Huang, and AMD CEO Su Zifeng, who will receive the National Medal of Science; Dell Technologies CEO Michael Dell and Microsoft CEO Satya N

On October 7, the National Bank of Kazakhstan (NBK), Tether and the Alatau City Authority signed a memorandum of understanding to explore a tenge-pegged stablecoin and tokenized real-world assets. The parties plan to study international stablecoin models, identify potential uses and develop a concept and pilot proposal for a token backed by the Kazakhstani tenge, according to the agreement.