Gate Crypto Flash News and Market Updates

According to The Information, venture capitalists and major Wall Street institutions have signaled sharply different valuations for Anthropic ahead of its anticipated initial public offering. Early private investors have discussed a roughly $2 trillion valuation, while two large institutional investors believe a more realistic public market price would be near $1.5 trillion. The gap reflects differing investment philosophies: venture backers focus on upside scenarios in AI's expansive market, wh

According to Jin10, WTI crude oil fell 2% intraday on October 2, trading at $90.05 per barrel. Brent crude declined 1.2% to $100.18 per barrel.

According to Jin10, French semiconductor manufacturer Bull reopened its expanded Angers facility on October 2, doubling monthly production capacity from 6 to 12 supercomputer cabinets. The expansion investment of 80 million euros positions Bull as Europe's sole dedicated supercomputer producer supporting the EU's AI infrastructure goals. CEO Emmanuel Le Roux noted the company achieved record order volumes this year and secured 15 out of 18 contracts in EuroHPC's latest procurement round.

According to Newsis, Samsung Biologics signed a 93.48 billion won (approximately $70 million) pharmaceutical manufacturing contract with a European pharmaceutical company today (October 2), representing 2.05% of the company's prior-year revenue. The contract runs from October 2, 2026 through December 31, 2031, with no upfront payment or advance payment. The counterparty's identity is withheld for confidentiality reasons and is scheduled to be disclosed upon contract termination.

According to SK's disclosure on October 2, SK Chairman Chey Tae-won sold 1.65 million shares worth 944 billion won to address personal funds needed for a property settlement related to his ongoing divorce proceedings. The share sale reduces Chey's direct shareholding in SK from 17.8% to 15.5%, while his voting stake falls from 23.9% to 20.8%. Chey will remain SK's largest shareholder, and the company said his stake—including related parties at 30.5%—will maintain the stable governance structure.

According to Jin10, ECB Governing Council member Rehn said on Friday (October 2) that energy prices are approaching the ECB's adverse scenario, with eurozone inflation reaching twice the central bank's target. Rehn noted that surging long-term borrowing costs have limited broader transmission of inflation across the economy, though he emphasized risks remain two-sided amid high uncertainty in growth and inflation forecasts. Rehn also warned that elevated valuations in tech companies pose stabili

According to Stocktwits, Delta Air Lines is the only major U.S. carrier selecting Amazon's Leo for in-flight Wi-Fi instead of Starlink, prompting a public feud between Elon Musk and Delta CEO Ed Bastian. Bastian explained the airline tested Starlink but opted against partnering with Musk, citing his reputation. Musk responded by mocking Delta's connectivity and claiming Bastian "will lose his job," arguing that any CEO who deliberately damages their company over a personal grudge doesn't deserve

According to CoinGecko, Bitcoin has risen to $85,929 today (October 2), up 2.0% in the past 24 hours, with intraday highs reaching $86,761. The cryptocurrency is approaching key resistance at $87,500, with technical analysts citing $82,000 as near-term support and $95,000 as the next target if resistance breaks. Market focus remains on major U.S. economic releases scheduled this month: September employment data (today), Consumer Price Index on October 14, and Federal Open Market Committee result

The U.S. Treasury's Office of Foreign Assets Control designated entities linked to the A7 financial network today, targeting a Russia-connected cross-border payments operation accused of facilitating sanctions evasion and moving over $17 billion in transactions. The network, associated with Moldovan-born Russian businessman Ilan Shor, emerged to provide alternative payment infrastructure after major Russian banks faced restrictions from Western financial channels following Russia's 2022 invasion

SAND surged 11.39% in 15 minutes on October 2, climbing from $0.0482 to $0.05369. The token also posted a 21.58% gain over the past 24 hours, reaching a daily high of $0.05464. Current trading volume stands at $6,254,211.66, reflecting heightened market activity during the price movement.

According to Uanalyze, Palantir Technologies and edge infrastructure provider Armada announced today (October 2) an expansion of their collaboration, integrating Palantir's sovereign AI operating system into Armada's Galleon data center to accelerate sovereign AI infrastructure deployment. The modular Galleon data center units are equipped with 32 NVIDIA B300 GPUs each, enabling AI inference and computing capabilities to be deployed in diverse environments beyond traditional large-scale data cen

According to Ukrainian President Volodymyr Zelensky, Russia launched over 100 attack drones against Ukraine overnight on October 1.

According to GMGN data, the BSC meme coin "Lobster" market cap fell below $30 million on October 2, down over 90% from its $310 million peak reached on September 21.

According to Yonhap Infomax, on October 2, UK and German 10-year sovereign yields declined, with the UK 10-year yield falling 2.96 basis points and the German 10-year yield declining 3.07 basis points.

Italian energy company Eni announced on October 2 that it will offer a 20% discount on diesel and gasoline for agricultural and fishing customers from today through October, with the possibility of extending the promotion through year-end.

According to Korea Exchange data, Refine, a Kosdaq-listed company, saw its stock price surge 50.7% between July 1 and August 14, 2026—approximately 50 days before its largest shareholder Realty Fine announced a public takeover bid on August 18. The stock climbed from 9,010 Korean won to 13,580 won during this period, with no material positive company news to justify the gains, prompting market suspicions of insider trading. Realty Fine subsequently purchased 5.199 million shares (30% of outstand

According to E-Daily, Donga Socio Holdings completed the absorption merger of its 100% subsidiary Donga Pharma on October 1, marking a reunification into a single entity 13 years after being split in 2013. The surviving company, Donga Socio Holdings, changed its name to Donga Pharma, while the previous Donga Pharma entity was dissolved. As of June 30, combined total assets reached 1.4116 trillion won, up approximately 43% from Donga Socio Holdings' pre-merger assets of 985 billion won. The compa

According to Ukraine's Agriculture Minister, the country exported 2.44 million tonnes of food in September, representing 46% of its potential export capacity.

Illinois has postponed consideration of a proposed tax on cryptocurrency transactions regardless of profit or loss. The measure would levy taxes based on transaction value rather than realized capital gains, departing from conventional U.S. tax treatment. The proposal faced significant industry opposition because it could create tax liability even when an investor sells assets below their purchase price. Existing federal and state tax obligations on digital assets remain in place, including capi

According to Yonhap News citing Ukrainian military media Militarny and United24 Media, the Ukrainian defense company SkyFall unveiled the Thor Hammer medium-range attack drone on October 1, with the system already deployed on the front lines. The drone operates in two models with maximum flight ranges of 350km and 600km respectively. It has a top speed of 180 km/h, can carry up to 50kg of payload, and uses artificial intelligence and computer vision technology for target tracking during the fina