Gate Crypto Flash News and Market Updates

According to Citi's chief economist at Citi Korea Bank Kim Jin-wook on October 1, the bank has downgraded its long-term dollar-won exchange rate forecast from 1,400 won to 1,250 won. The adjustment reflects expectations that South Korea's structural current account surplus will drive sustained won appreciation over 2026–2028. Kim estimated that foreign exchange authorities may have previously purchased dollars in the spot market when the rate fell near or below 1,250 won. Separately, South Korea

According to Newsis, Taiwan's Taiex index closed at 48,353.49 points on Oct 1, up 413.36 points or 0.86%, marking its highest close in one week. The gain was driven by strong semiconductor demand following positive earnings from U.S. chipmaker Micron Technology and a surge in South Korea's September semiconductor exports, which tripled from the prior month. Semiconductor-related stocks led the advance, with TSMC gaining 1.21%, UMC rising 4.53%, and other chip-linked names posting strong gains. D

According to Zhitong Finance, Taihe Microfinance (01915) released its full-year results for the period ended December 31, 2025. The group recorded zero interest income, a net loss attributable to shareholders of RMB 16.784 million, representing a 98.4% reduction year-over-year. Basic loss per share stood at RMB 0.03.

According to CoinDesk, DogeOS opened its public testnet on October 1, allowing developers to build Ethereum-compatible applications including transactions, lending, and stablecoins using test DOGE. Testnet transaction fees are paid in test DOGE, with test assets available via cross-chain bridges or faucets. The network initially relies on permissioned sequencers, trusted execution environments, and a security council, with plans to implement zero-knowledge proof validation by Dogecoin miners via

According to ChainCatcher, Accenture (ACN.N) rose 7.1% in premarket trading on October 1, as the company expects its annual revenue growth to exceed previous guidance.

According to Standard Chartered's September 30 report, the bank initiated coverage of Ethena's ENA token with a $2 price target, approximately seven times the $0.28 reference price. The forecast assumes USDe supply will grow eightfold to $40 billion by end of 2028, outpacing the broader stablecoin market. Standard Chartered estimates that at a $25 billion USDe supply, the token's fee-switch buyback mechanism could yield $375 million annually under certain conditions. The bank also projects that

According to Cointelegraph, crypto hacks and exploits resulted in losses exceeding $766 million in September 2026, marking the most severe single month of the year. PeckShield recorded 55 major incidents totaling approximately $766.5 million in losses, while CertiK documented 97 events with losses around $768.4 million, both significantly higher than August figures. The month's losses were primarily driven by Bitget's $388 million theft and Liquid Network's $320 million vulnerability, with over

According to CryptoTwitter commentator @lookonchain, Trader 0xE1Ad recently withdrew 5,000 ETH valued at approximately $13.43 million from Binance after a five-month period of inactivity. The withdrawal highlights ongoing liquidity movements within the Ethereum ecosystem.

According to Zhitong Finance, Taihe Microfinance (01915) reported financial results for the first half of 2025 ended June 30. The company recorded a net loss attributable to parent company of 6.69 million yuan, narrowing 27.33% year-over-year. Interest income was zero, and basic loss per share reached 0.01 yuan.

According to S&P Global, Eurozone manufacturing PMI reached 52.9 in September, marking the highest level in 52 months and exceeding the preliminary estimate of 52.7. Germany's September PMI came in at 53.9, maintaining expansion despite a slight decline from August's 54.3, while the UK's September PMI stood at 51.9, slightly below the preliminary forecast of 52.0. All three regions' PMI readings remained above the 50 threshold that separates manufacturing expansion from contraction.

According to BlockBeats, on October 1, U.S. core PCE inflation for August fell to 3% year-over-year, below market expectations of 3.3%, with monthly growth at just 0.2%. Meanwhile, personal consumption expenditures rose 0.6% month-on-month, marking the largest gain since March 2025, reflecting resilient household demand. Additionally, ADP reported 90,000 new private-sector jobs in September, exceeding the market forecast of 70,000. Despite cooling inflation, the 10-year Treasury yield climbed to

According to Great Wall Motor's (02333) official announcement, the company sold approximately 114,900 vehicles in September 2026, down 13.99% year-over-year, with production reaching 121,100 units, down 9.9% YoY. For the first nine months of 2026, cumulative sales totaled approximately 920,300 vehicles, slightly down 0.33% YoY.

According to PANews, EIP-8363 co-author Jerome de Tychey announced on October 1 that he will withdraw the proposal from consideration for inclusion in the Hegotá upgrade. Tychey stated that industry participants and core protocol and client contributors believe that hard fork scope discussions are not appropriate for deciding changes to ETH issuance policy. The proposal author plans to continue discussions on ETH issuance policy through an independent process to build broader consensus.

According to KB Securities report, S&P 500 has historically averaged 13.8% returns in the 12 months following U.S. midterm elections, with all 19 instances from 1990 to 2022 closing higher. In the three months after midterms, the index averaged 2.3% gains, rising to 7.4% over six months. U.S. equities also show seasonal strength in the fourth quarter. The S&P 500's average Q4 return since 1990 is 6.6%, the highest quarterly average of the year, with monthly breakdowns at 1.46% in October, 2.17%

On October 1, XRP was trading at $1.49 at 09:07 UTC, according to CoinGecko, with Coinbase's XRP-USD ticker printing $1.4898 and Kraken's last trade at $1.48988. The price prediction sets a bull case of $2.46 and bear case of $0.90 through December 31, 2026, based on 1.5 standard deviations of the last 90 daily log-returns. U.S. spot XRP ETFs recorded net inflows of $75.593 million in the week ending September 25, taking cumulative inflows to $1.79 billion with net assets of $1.77 billion, per S

Accenture reported fourth quarter revenue of $18.7 billion, exceeding market expectations of $18.04 billion. Diluted earnings per share reached $3.29 in Q4 2026, compared to $2.25 in the year-ago period. The company issued 2027 guidance of $14.39 to $14.81 per share.

NAV Coin's price fell 18.51% in 30 minutes to $0.038488 today, dropping from $0.047, amid broader cryptocurrency market selling pressure. The decline reflects heightened volatility in the token's trading environment. Over the past 24 hours, NAV declined 18.33%, with a current market cap of approximately $2.97 million and trading volume of just $8.68. The extremely thin trading volume suggests that significant sell-offs can trigger sharp price movements. NAV reached a 24-hour high of $0.04748 and

According to @SkyEcosystem, Galaxy Digital announced a $100M allocation to sUSDS, an ERC-4626-compliant yield-bearing stablecoin that represents deposits in the Sky Protocol. The stablecoin accrues approximately 4.5% annually through the Sky Savings Rate. The partnership with GameSetMax is designed to expand financial services and enhance market liquidity, reflecting Galaxy Digital's strategic focus on bridging decentralized finance with institutional capital.

According to its annual results statement, Zhong Neng Group (00131) reported revenue of 442 million HKD for the year ended June 30, 2026, up 162.34% year-over-year. The company's net profit attributable to shareholders reached 104 million HKD, a turnaround from a prior-year loss. Basic earnings per share stood at 0.16 HKD.

According to the announcement, Liantuo Auto (07489) delivered 13,025 vehicles in September 2026 and 115,481 vehicles in the first nine months of 2026, up 19% year-over-year. On September 22, the company launched its flagship luxury MPV Mengxiang 9, positioned in the 500,000 yuan-and-above segment, featuring L3-level autonomous driving architecture, 800V high-voltage platform, and advanced safety systems.