Gate Crypto Flash News and Market Updates

According to market intelligence firm Kpler, crude oil transiting the Strait of Hormuz averaged 10.3 million barrels daily over the past 7 days as of Saturday, representing just 76% of pre-war baseline levels.

According to CNBC host Jim Cramer on Monday (October 5), U.S. Treasury yields surged to multi-year highs while major stock indices reached record levels, creating a rare disconnect. The Nasdaq Composite rose approximately 1% to a record close, and the S&P 500 gained 0.66%, as 10-year Treasury yields broke above 5.34% and 30-year yields approached 5.7%. Cramer attributed the stock market strength to three AI giants: Nvidia rose 2.1% to its highest close since May, Microsoft climbed 1.5%, and Meta

According to CNBC, U.S. Representative Don Davis of North Carolina proposed legislation on October 6 to prohibit federal candidates from trading prediction market contracts related to their own elections. Violators would face penalties of up to $10,000 or three times their trading gains, whichever is higher. The proposal was prompted by Davis's Republican opponent Laurie Buckhout, who settled with platform Kalshi in August after trading her own election contracts, paying approximately $2,600 and

As of 9:30 AM Beijing time on October 6, gold futures on the New York Mercantile Exchange rose 0.16%, while silver futures fell 0.20% and copper futures gained 0.31%.

According to an August strategic memorandum of understanding, Hyundai Motor Group, LG Electronics, and Nvidia have announced a partnership to build an AI-driven vehicle (AI DV) ecosystem challenging Tesla's Full Self-Driving system. Under a collaborative framework, Hyundai will supply driving data, Nvidia will provide AI computing power through its Drive Hyperion autonomous driving system, and LG will handle in-vehicle digital experiences. The three companies aim to launch mass production of Lev

According to Newsis, the Japanese yen weakened on October 6 after expectations for a Japan Government Pension Investment Fund (GFIF) portfolio rebalancing dimmed. USD/JPY fell to 1 USD = 157.87–157.89 JPY by 8:30 a.m. Tokyo time, down 0.22 yen from the previous day's close. Market reports indicated the GFIF's September management committee meeting included no discussion on a basic portfolio rebalancing, prompting sell-offs of yen and buys of dollars. The U.S. 10-year Treasury yield also rose to

According to MSX.COM data, U.S. stocks closed higher today, October 6. The Dow Jones Industrial Average rose 0.18%, the S&P 500 gained 0.66%, and the Nasdaq Composite climbed 1.05%. AI-related stocks rallied broadly, with Tempus AI up 9.03%, Atlassian gaining 4.66%, Intuitive Surgical rising 3.71%, Astera Labs advancing 3.43%, and Baidu climbing 3.17%.

According to PANews, on October 6, Hunt Biden responded to allegations that his LAPTOP token is a scam. He stated that a market maker provided approximately $5,000 in liquidity when the token launched, meaning a $6 purchase could drive the market value up around 5%. Biden further claimed wallet records could prove the project is not a scam and addressed questions about the token's first-minute trading activity and project transparency.

According to Flying Tulip founder Andre Cronje, the project issued perpetual options as ERC-721 NFTs on October 6, incorporating FT tokens and investor redemption rights if the project diverges from expectations. The NFT-based options provide "full downside protection while retaining upside exposure," with users able to trade FT tokens in secondary markets or purchase PUT options on Flying Tulip's dedicated perpetual options market. The options market has exceeded $5 million in cumulative tradin

According to South Korean media reports, Westinghouse has recently demanded higher technology licensing fees for two APR1400 Korean reactors under construction in the United States, exceeding the 175 million dollars per unit agreed in a confidential settlement last year. Beyond licensing fees, negotiations have reopened on reverse engineering costs (estimated at 650 million dollars) and a 50% nuclear fuel supply agreement, raising concerns about reduced benefits for South Korean companies involv

According to Financial Post, on October 6, the U.S. 30-year Treasury yield is approaching 6%, and a technical rule governing Treasury futures contracts—the CTD (Cheapest-to-Deliver) switch—poses a risk of amplifying further long-end selloffs. When Treasury yields rise sharply, the pricing relationships among deliverable bonds shift, potentially causing the CTD to migrate toward longer-duration bonds. Strategists at BNP Paribas noted that such a CTD migration could exacerbate the rise in long-end

According to Korea Automobile Importers and Distributors Association, Tesla registered 12,372 units in September, accounting for 35% of all imported sedans—meaning 1 out of every 3 imported vehicles was a Tesla. The Model Y sold 11,157 units, surpassing Hyundai's Granzer (8,898 units) and Elantra (7,305 units) to rank as the best-selling single model in South Korea for the month.

According to Life Asset Management on Oct 6, the core of its shareholder proposal to Samsung Electronics is to maximize share buybacks and cancellations rather than provide preferential treatment to preferred shares. The asset manager emphasized it would welcome Samsung repurchasing and canceling both common and preferred shares. Life Asset Management stated the proposal aims to enable Samsung to expand buybacks and cancellations in a practically achievable manner, citing structural constraints:

According to informed sources, Google is nearing a multiyear agreement with Constellation Energy for nuclear power supply, with the contract value expected to reach or exceed $1 billion and potentially announced as early as this week. The deal comes as tech companies race to secure power capacity for expanding data centers. Amazon finalized a similar agreement with Constellation last week for 690 megawatts of power, including new capacity from upgrades to the Calvert Cliffs nuclear plant in Mary

According to Yonhapnews on October 6, South Korea's Deputy Prime Minister and Finance Minister Lee Hyun-il outlined core economic priorities during parliamentary testimony, emphasizing housing market stabilization and expansion of public housing supply to 1.19 million units. Lee stated the government would pursue three key social policies focusing on affordable housing, job creation, and consumer finance support for vulnerable households, while strengthening inter-agency coordination to enhance

According to CFTC Chair Michael Selig, the U.S. Commodity Futures Trading Commission has issued a pre-proposed rule notice for CTX and CAM regulations requiring leveraged, margined, or financed crypto trading offered to retail clients to route through futures commission merchants (FCMs). FCMs must meet customer asset segregation and capital requirements and comply with anti-money laundering obligations. The CFTC also clarified that crypto asset delivery to user-controlled external non-custodial

According to TechInAsia, Singapore fintech startup IPID recently completed a $16 million Series A funding round led by Foundation Capital, with Citigroup, HSBC, QED Investors, Monk's Hill Ventures, and Quona Capital participating. The funds will be used to enhance IPID's global payment intelligence network and expand into U.S. payment infrastructure, stablecoins, and digital asset markets.

According to Korea Financial Investment Association (KOFIA), on October 6, securities firms affiliated with several financial holding companies experienced scanning activity—a reconnaissance phase typically preceding cyber attacks. The scanning, which involves probing target systems for network information and open ports, has been confirmed across securities subsidiaries of the seven financial institutions previously hit by data breaches, including Shinhan, KB Kookmin, Hana, and BNK Busan banks.

According to TikTok at Advertising Week New York 2026, the platform announced AI-powered shopping and advertising tools including Buy Direct, Shopping Assistant, and Agentic Leads, alongside a new TikTok Ad Network for US advertisers. The Ad Network extends ad campaigns beyond TikTok to nearly 400,000 apps worldwide. TikTok is developing these commerce products in partnership with Shopify, Salesforce, and Stripe.

According to HTX market data, Bitcoin broke through $86,000 on October 6, trading at $86,000.00. BTC declined 0.54% over the past 24 hours.