Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
05:13
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Jim Bianco Turns Bullish on U.S. Treasuries After 10-Year Yield Hits 5.27%, First Time in 6 Years

According to Jim Bianco, founder and president of Bianco Research, the veteran bond strategist turned bullish on U.S. Treasuries for the first time in 6 years as 10-year yields surged to 5.27% on September 28 and 5.29% on September 30, marking the highest levels since 2007. Bianco raised the duration exposure of his actively managed bond index, stating that most Treasury yields exceeding 5% now offer attractive risk-reward profiles. Bloomberg data showed that investors purchasing 10-year bonds a
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05:12
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Arthur Hayes Reiterates Bitcoin Could Hit $1M by 2030, Citing AI Debt Crisis

Arthur Hayes, Maelstrom chief investment officer, reiterated on Oct. 1 that Bitcoin could reach $1 million by 2030 as a debt-fueled artificial intelligence boom potentially faces a downturn. Hayes expects late 2027 or early 2028 to be a critical turning point when slowing AI infrastructure spending could expose weaknesses in the massive credit used to finance data centers and computing infrastructure. According to Reuters, AI-related borrowing in the U.S. leveraged-finance market reached roughly
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BTC1.07%
05:12
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TRON Brings USDT Payments to Merchants via WalletConnect Pay

According to TRON DAO, USDT on the TRON blockchain is now available through WalletConnect Pay as of September 30, enabling merchants to accept the stablecoin for both online and in-store transactions through a single integration. The move eliminates the need for merchants and payment providers to maintain separate payment setups for different sales channels, reducing technical complexity for businesses seeking to support stablecoin transactions.
TRX0.34%
05:11
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South Korea Appoints Ha Jun-kyung as New Presidential Chief Policy Secretary on October 1

According to Blue House spokesperson Sung Ki-hong, President Lee Jae-myung appointed Ha Jun-kyung as the new chief of the presidential policy office on October 1. Ha, an economist with a Ph.D. from Brown University, previously served as senior economic secretary and helped transform South Korea's economic reputation. The leadership change is expected to accelerate digital asset legislation. The government and ruling party had planned to introduce the Digital Asset Basic Law in September but face
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05:11
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Pakistan Strikes Afghanistan's Kunar Province Overnight, Killing 9 Civilians and Wounding 11 on October 1

According to Jin10, Pakistan's military conducted airstrikes on Afghanistan's eastern Kunar Province early on October 1, killing 9 civilians and wounding 11 others, according to Afghan government spokesman Zabihullah Mujahid. The Afghan government condemned the strikes as "invasion and crime," noting that the casualties included women and children. Pakistan's Ministry of Information and Broadcasting stated that the military targeted two "terrorist camps" in Afghanistan, claiming 22 militants wer
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05:03
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South Korea's Financial Services Commission Allows Anonymous Sell-Side Reports, Targets Less Than 1% Rating Share

According to South Korea's Financial Services Commission, announced on October 1, the regulator is promoting reforms to address research report practices at securities firms. The reforms include allowing analysts to submit sell-side opinion reports without disclosing their names, subject to compliance officer approval. This aims to reduce pressure on analysts, as domestic securities firms currently issue sell-side ratings representing less than 1% of all reports. Additionally, large comprehensiv
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05:02
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Base Activates Cobalt Upgrade With Validity Transactions and B20 Tools on September 30

Base activated its Cobalt network upgrade on mainnet on September 30, introducing validity transactions and B20 enhancements, according to Base developer Jesse Pollak. Validity transactions give advanced market participants greater control over transaction execution timing and conditions, while B20 improvements aim to simplify asset issuance and management on Base. The upgrade marks the third major Base network upgrade of 2026 and expands infrastructure for applications requiring more predictabl
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05:02
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Hayfin Capital Opens Seoul Office Today, Positions European Private Credit as Diversification Opportunity

According to Yonhapnews, Hayfin Capital Management, a Europe-based alternative investment specialist, opened its Seoul office on October 1 and appointed Choi Si-jin as Korea Representative. The firm, which allocates over 95% of assets under management to credit strategies including private credit and liquid credit, plans to expand engagement with Korean institutional investors. Hayfin highlighted that the European private credit market offers distinct diversification opportunities compared to th
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05:02
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South Korea's Seven Investment Firms Supply 11.6 Trillion Won in Venture Capital in Q2, Up 20%

According to South Korea's Financial Services Commission announced on October 1, seven comprehensive financial investment companies supplied 11.6 trillion won in venture capital in Q2 2026, up 20% from the previous quarter. The venture capital supply ratio to issuance notes and integrated investment accounts reached 19.5%, exceeding the annual mandatory ratio of 10%. By investment type, P-CBO accounted for 3.4 trillion won, small and venture businesses 2.5 trillion won, and venture capital firms
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05:01
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RWA Market Surpasses AI as Fastest-Growing Sector, $678B in Stock Perpetual Volume on Hyperliquid and Lighter in June: Theory Ventures

According to ChainCatcher, Theory Ventures founder Tomasz Tunguz stated that the real-world asset (RWA) market on blockchain is now the world's fastest-growing market, surpassing AI. RWA enables equities and commodities like oil and copper to trade on-chain while providing price discovery outside traditional market hours. Tunguz cited data showing stock perpetual contracts on Hyperliquid and Lighter generated $678 billion in volume in June—16 times higher than tokenized stock spot trading. Cereb
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05:01
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Korean Investors Rank Retirement Savings First but Show Lowest Diversification Rate: 57% vs 22% Diversified Portfolio

According to Amundi's 'Decoding Investor 2026' global survey released on October 1, 57% of Korean investors list retirement preparation as their primary investment goal, the highest ratio among 26 countries surveyed. However, only 12% of Korean investors expressed confidence in achieving long-term financial stability, half the global average of 23%. Additionally, just 22% of Korean respondents reported having diversified portfolios, the lowest rate globally, while 28% admitted concentrating inve
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04:59
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U.S. Court Dismisses Collective Lawsuit Against Meteora Over LIBRA, M3M3 Token Issuance on October 1

According to PANews, on October 1, U.S. District Court Judge Jennifer L. Rochon for the Southern District of New York dismissed a collective lawsuit against Hayden Davis, Kelsier Ventures, and Meteora former CEO Ben Chow related to LIBRA and M3M3 token issuance, refusing plaintiffs to amend the complaint further. The court found that plaintiffs failed to sufficiently prove Meteora constitutes a prosecutable unincorporated organization, and Racketeer Influenced and Corrupt Organizations Act (RICO
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04:58
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South Korea's Financial Services Chief Kwon Dae-young Moves to Deputy Minister Role Yesterday

According to Yonhapinfomax, Kwon Dae-young, vice chairman of South Korea's Financial Services Commission, transferred to first deputy minister of the Ministry of Economy and Finance on September 30. Kwon, born in 1968, is a veteran financial bureaucrat with experience in financial market stability, household debt management, and financial industry reforms since South Korea's 1997-98 Asian financial crisis. He previously served in key positions at the FSC, including asset management division chie
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04:54
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Bolttech and Bold Penguin Announce Global Insurance Partnership on September 30

According to Bolttech, on September 30, the Singapore-headquartered insurtech and US-based Bold Penguin announced a global partnership to develop joint commercial and personal insurance offerings for agents, insurers, and embedded partners in the US, Europe, and Asia. The partnership combines Bold Penguin's commercial digital exchange, data, AI services, and carrier network with Bolttech's insurance products, AI-enabled workflows, and distribution capabilities. Bold Penguin will offer Bolttech's
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04:51
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Finance Minister Lan Fuan Announces 300 Billion Yuan Special Bonds for Financial Support on October 1

According to Jin10, China's Finance Minister Lan Fuan on October 1 announced measures to formulate targeted incremental fiscal policies to drive a more proactive fiscal approach and expand domestic effective demand. The announcement includes issuing 300 billion yuan in special bonds to support central financial enterprises in supplementing core tier-one capital and enhancing their ability to serve the real economy, while optimizing fiscal-financial coordination to boost consumption and investmen
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04:50
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Tokenized Securities Face Liquidity Paradox, Prices Diverge Up to 20% from Public Markets on October 1: Upside CEO

According to 이데일리, Noah Sof, CEO of Upside, revealed on October 1 at the 2026 Global STO Summit in Seoul that tokenized securities markets face a critical liquidity paradox: assets moved onto blockchain show lower liquidity and increased market fragmentation. Prices of tokenized assets, such as Nvidia stock tokens, can diverge up to 20% from public market prices. Sof identified five core causes of market fragmentation: fragmented token standards across blockchains, repeated investor verification
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