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
21:49
0

U.S. Coast Guard Intercepts Cargo Vessel Allegedly Transporting Fuel to Cuba in Early September

According to a statement released by the U.S. Coast Guard on October 2, the agency intercepted a cargo vessel in the Caribbean Sea in early September that was allegedly conducting illegal fuel shipments to Cuba. Coast Guard personnel boarded and inspected the vessel, subsequently escorting it to Puerto Progreso in Mexico's Yucatan Peninsula. The Mexican Navy confirmed 'large amounts of fuel' were found in the vessel's ballast tanks, along with several containers suspected of carrying illegal fue
More
21:39
0

U.S. 10-Year Treasury Yields Surge 2.99 Basis Points on Oct 2, Dip 1.17% on NFP Release

On October 2, U.S. 10-year Treasury yields closed up 2.99 basis points at 5.2706%, then spiked down to 5.1528% following the non-farm payroll data release at 20:30 Beijing time, marking a V-shaped intraday reversal. Two-year Treasury yields rose 3.12 basis points to close at 4.8247%, diving to 4.6913% after the NFP announcement before rebounding to 4.8477% later in the session.
More
21:37
0

U.S. September Nonfarm Payrolls Miss at 29K, Fed Rate Hike Bets Drop; Nasdaq Gains 1.19% on October 2

According to the U.S. Department of Labor, September nonfarm payrolls increased by only 29,000 on October 2, significantly below the market expectation of 84,000, prompting investors to reassess Federal Reserve rate hike prospects. The CME FedWatch tool shows the probability of at least a 25 basis point rate hike by the Fed's late-October meeting fell to 22.7% from 64.2% a week prior. U.S. equities rallied across the board: the Nasdaq climbed 1.19% to 27,190.86, approaching its September 22 reco
More
21:31
0

Micron Announces $25B Capital Investment for 2027, Q4 Revenue Hits Record $54.2B

According to Reuters, Micron announced on October 4 that it will invest $25 billion in capital expenditures during the first half of fiscal 2027, with additional increases planned for the second half. The company's Q4 revenue reached a record $54.23 billion, nearly five times the prior year period. Market concerns about potential supply oversupply and price pressure emerged following the announcement. However, analysts note that meaningful production increases from the expanded investment will n
More
21:25
0

Dollar-Inverse 2X ETFs Top Q3 Gains in South Korea, Led by KODEX Fund at 22.76%

According to the Korea Exchange, inverse U.S. dollar ETFs dominated Q3 performance in South Korea's listed fund markets, with the top three gainers all betting on dollar weakness. KODEX U.S. Dollar Futures Inverse 2X rose 22.76% from June 1 through September 30, followed by TIGER U.S. Dollar Futures Inverse 2X at 22.49% and KIWOOM U.S. Dollar Futures Inverse 2X at 22.39%. All three products track negative 2x returns of the dollar futures index, effectively doubling down on dollar declines. The U
More
21:20
0

KOSPI Posts -19.33% Return in Q3, Last Among 20 Major Global Indices

According to Korea Exchange, KOSPI recorded a return of -19.33% in the third quarter of 2026, ranking last among 20 major global stock indices surveyed. The decline contrasted sharply with gains posted by peers: Brazil's Bovespa rose 8.32%, Hong Kong's Hang Seng gained 7.57%, and the Nasdaq and S&P 500 advanced 2.47% and 2.03% respectively. The weakness stemmed from a combination of external headwinds and domestic market vulnerabilities. Geopolitical tensions in the Middle East pushed oil prices
More
21:20
0

KOSPI Falls to 7,003 on Oct 2 as U.S. Treasury Yields Pressure Markets

According to Yonhapnews on Oct 2, South Korea's KOSPI closed at 7,003.74, down 1.09% for the week, as elevated U.S. Treasury yields pressured risk assets. The index dropped 2.70% early in the week to the 6,800 range before recovering slightly on strong U.S. corporate earnings and mixed U.S. jobs data. U.S. stocks rallied on Oct 2 with the S&P 500 up 0.73%, Nasdaq up 1.19%, and Dow Jones up 0.49%, as September non-farm payrolls came in at 29,000 jobs against market expectations of 84,000. Meanwhi
More
21:20
0

South Korean Brokerages Show Extreme Buy-Rating Bias, 4 Firms Issue Only Buy Recommendations in Q2

According to the Financial Investment Association's data reported on October 4, South Korean brokerages issued buy recommendations for over 80% of their research reports during the July 2025-June 2026 period. Four firms—Nexst Securities, Bookook Securities, Yuhwa Securities, and Hanyang Securities—issued buy ratings for 100% of their reports. In contrast, foreign brokerages operating in South Korea showed significantly lower buy-rating concentrations. Macquarie Securities' sell recommendations a
More
21:20
0

Samsung Electronics, SK Hynix Tumble 26% and 38% from Highs as Foreign Investors Net Sell on October 2

According to Financial News, Samsung Electronics and SK Hynix fell sharply on October 2, with Samsung down 26% from its year-to-date high of 374,500 won to 276,000 won, and SK Hynix declining 38% from 2.987 million won to 1.841 million won. Foreign investors drove the selloff, with net outflows of 21.51 trillion won in September alone across Kospi, with SK Hynix and Samsung accounting for 76.6% of foreign selling (11.58 trillion and 4.89 trillion won respectively). Both companies' share buyback
More
21:20
0

South Korea's National Pension Service Kosdaq Holdings Surpass 106 Trillion Won, Accounting for 40.6% in 2025

According to data presented by Democratic Party lawmaker Park Min-gyu, South Korea's National Pension Service invested 106.2 trillion won in Kosdaq last year (end of 2025), surpassing 100 trillion won for the first time. The Kosdaq allocation jumped from 3.9% of combined Kospi-Kosdaq holdings in 2021 to 40.6% in 2025. Meanwhile, other public pension funds—civil servant, teacher, and military pensions—maintained minimal Kosdaq exposure at 1-2% of their stock market portfolios. Kosdaq recently rec
More
21:20
0

Foreign Investors Sell 20.3 Trillion Won in KOSPI Over Past Month, SK Hynix Holdings Drop to 49%

According to Korea Exchange and Yonhap Infomax, over the past month through October 2, foreign investors recorded net sales of 20.305 trillion won in South Korea's KOSPI market. SK Hynix and Samsung Electronics were the most heavily sold stocks, with foreign ownership stakes falling to 49.76% and 46.41% respectively. SK Hynix's foreign shareholding reached its lowest level in approximately 3 years and 4 months as of October 2. The broader KOSPI foreign investor share compressed to 39.66%.
21:20
0

Korean Retail Investors Surge Purchases of U.S. Short-Term Treasury and Dividend ETFs to Top 2 Spots

According to Korea Depository Trust & Clearing Corporation data released on October 4, Korean retail investors' net purchases of overseas securities shifted in September, with iShares 0-3 Month U.S. Treasury ETF (SGOV) and Schwab U.S. Dividend ETF (SCHD) claiming the top two positions. SGOV ranked first with $290.46 million in net purchases, jumping from ninth place in August and surging 72.8%. SCHD ranked second with $230.97 million, rising from sixth place and climbing 18.2% from the prior mon
More
21:19
0

South Korea's WGBI Inclusion Nears Completion in November; Foreign Investors Net Purchase 42.4 Trillion Won Since March

According to FTSE Russell and data from Yonhap News, South Korea's inclusion in the FTSE World Government Bond Index (WGBI) will conclude in November. Foreign investors have cumulatively net purchased 42.4 trillion Korean won in Korean sovereign bonds from March 30 to October 2, driven largely by passive index-tracking funds. However, end-of-month buying momentum has weakened: average month-end net purchases declined 24% from 3.17 trillion won (April–June) to 2.41 trillion won (July–September),
More
21:09
0

CNH Quotes 6.7058 Against USD on Friday, Up 84 Pips

On Friday (October 2), offshore Chinese yuan (CNH) quoted 6.7058 against the U.S. dollar at New York close, up 84 pips from Thursday's close. Intraday trading ranged between 6.7192 and 6.7008. For the week, CNH rose approximately 0.26%.
20:47
0

Fed and ECB to Release September Meeting Minutes Next Week; Inflation Concerns Expected

According to Jin10, the Federal Reserve and European Central Bank will release minutes from their September meetings next week. The minutes are likely to reveal that policymakers expressed strong concerns about rising inflation pressure and signaled expectations for at least one more rate hike before year-end. However, recent U.S. employment data has complicated the outlook. Friday's nonfarm payroll report showed new job additions fell short of expectations and wage growth remained weak, suggest
More
20:31
0

U.S. Copper Inventories Hit 700,000 Tons While Prices Hold Near Historic Highs

According to CME Group's latest Q3 metals update, COMEX-approved warehouses now hold roughly 700,000 short tons of copper, yet benchmark prices remain near historic highs around $6.70-$6.90 per pound. CME noted that tariff uncertainty has driven physical copper shipments into the United States, boosting domestic inventories and regional price premiums. The record stockpile reflects geographic repositioning rather than collapsed demand, as traders moved material into U.S. reserves ahead of potent
More
20:30
0

SEC Proposes New Rules to Allow Investment Advisors to Directly Hold Bitcoin When Custodians Unavailable

According to Bitcoin News on X, the SEC has proposed new rules under the Investment Company Act of 1940 to allow investment advisors to directly hold Bitcoin and other digital assets when qualified custodians are unwilling to serve as custodians. The SEC stated that traditional custodians typically refuse to hold such assets, creating a compliance gap in the existing custody framework. The proposal will trigger a 60-day public comment period following its publication in the Federal Register.
BTC0.31%
20:30
0

India Summons Pakistan's Envoy Over Border Infiltration Amid Civilian Casualties Dispute

According to Jin10, India summoned Pakistan's charge d'affaires on October 3 to protest what it called facilitation of illegal cross-border infiltration. India's Foreign Ministry stated that three individuals crossed the border into Indian territory; despite multiple warnings from India's Border Security Force, they continued moving toward the border fence, prompting security forces to take action against what officials deemed an imminent security threat. Pakistan subsequently summoned India's c
More