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
01:37
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Foreign Investors Offload 20.3 Trillion Won from KOSPI in One Month; SK Hynix and Samsung Electronics Hit Hardest

According to Korea Exchange data released on October 4, foreign investors offloaded 20.3 trillion won in South Korea's KOSPI market between September 1 and October 2. SK Hynix faced the heaviest selling pressure with 12.009 trillion won in net outflows, while Samsung Electronics saw 5.186 trillion won in net sales. SK Hynix's foreign investor ownership fell to 49.7%, marking the lowest level since May 2023, while Samsung Electronics' foreign stake declined to 46.4%.
01:37
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Trader Killa Predicts Bitcoin Will Break All-Time High Between April 26 and August 2, 2027

According to BlockBeats, trader Killa predicted on October 5 that Bitcoin will break its all-time high between April 26 and August 2, 2027, potentially as early as May–July 2027. Killa, a quantitative BTC trader with over 200,000 X followers, previously shorted Bitcoin at $74,688 in mid-April and shifted to long positions on June 5 during market-wide decline.
BTC2.58%
01:33
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$138 Million in Liquidations in 24 Hours, Short Positions Hit $113M on Coinglass

According to Coinglass data, in the past 24 hours, $138 million in liquidations were recorded across derivatives markets globally. Long positions accounted for $25.16 million in liquidations, while short positions hit $113 million. Bitcoin short liquidations reached $57.07 million, with Ethereum short liquidations at $24.04 million. Over the same period, 42,225 traders were liquidated. The largest single liquidation occurred on Binance's ETHUSDT pair, valued at $5.63 million.
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01:25
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U.S. 10-Year Treasury Yield Exceeds 5.3%, Highest Since 2002; Tech Rally Faces Risk if Rate Hits 6%

According to Bloomberg, as of early October, the U.S. 10-year Treasury yield exceeded 5.3% and the 30-year yield reached 5.69%, marking the highest levels since 2002. Despite rising long-term rates, tech stocks remain resilient, with the Nasdaq-100 hitting an all-time high and the S&P 500 near August's record. However, major tech companies face growing financial vulnerability. Alphabet, Amazon, and Meta have shifted to negative free cash flow on an annual basis due to massive AI infrastructure i
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01:23
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G7 Plans to Release 100M Barrels of Oil Reserves Within 4 Months; OPEC+ Maintains November Quotas

According to statements released over the weekend and on Monday (October 5), G7 leaders decided to release up to 100 million barrels of diesel and crude oil reserves within 4 months, reaffirming commitments to avoid energy export restrictions among member nations. Simultaneously, OPEC+ maintained its November oil production quotas unchanged in a Sunday meeting. In related developments, CME Group suspended the launch of a planned 10-barrel crude futures contract intended for 24-hour trading, whil
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01:21
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SEC Proposes New Crypto Asset Custody Framework This Week

The SEC has proposed a new custody framework for crypto assets held by investment advisors, according to commentator Nate Geraci. Concurrently, the agency issued an innovation exemption for tokenized securities trading, continuing its shift toward regulatory clarity. The CFTC updated its no-action position for passive crypto software developers including Phantom and Metamask, while both agencies released updated FAQs on crypto asset activities.
01:21
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Binance's SAFU Fund Holds Bitcoin Worth Over $1.27 Billion, Up $270M Since February Purchase

According to Foresight News, Binance's SAFU fund currently holds Bitcoin worth over $1.27 billion. In February, Binance completed the conversion of the investor protection fund from stablecoins to BTC, purchasing 15,000 BTC at an average price of approximately $66,667 per coin, spending $1 billion in total. With the recent rise in Bitcoin price, the fund has accumulated an unrealized gain of about $270 million. When asked about the fund's performance, Binance CEO Changpeng Zhao responded that it
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BTC2.58%
01:21
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Glassnode Identifies Largest Bitcoin Liquidation Cluster Near $90K

According to Glassnode's analysis shared by Foresight News, the largest liquidation cluster for Bitcoin is positioned near $90,000. If the price reaches this level, leveraged short positions will be forced to close. Glassnode also identified smaller liquidation clusters around $83,000 and $75,000 in recent months, indicating that price movements toward either level could accelerate the next wave of market volatility.
01:19
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U.S. Stock Funds Record $20.6B Net Inflows for Second Consecutive Week Amid AI Rally

According to LSEG Refinitiv, U.S. stock funds recorded net inflows of $20.6 billion for the week ending September 30, marking the second consecutive week of positive flows. The previous week saw net inflows of $37.49 billion. Investors continued to favor artificial intelligence stocks, while lower-than-expected inflation data helped ease concerns over rising Treasury yields.
01:16
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OpenAI CEO Says AI's Benefits Worth Accepting Risks, Calls for Open Access on October 5

According to Guru Club, OpenAI CEO Sam Altman said on October 5 that artificial intelligence's benefits are worth accepting certain risks, and the technology should remain broadly accessible rather than controlled by a small number of labs. "We believe the world should accept some negative events for the benefits this technology brings and the autonomy people gain," Altman said. He added that positive outcomes from AI applications will "far exceed the negative impacts, potentially by orders of m
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01:15
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U.S. Individual Federal Income Tax Returns Deadline October 15 for Crypto Traders

According to Crowdfund Insider, the U.S. individual federal income tax extension deadline for the 2025 tax year is October 15. The Internal Revenue Service (IRS) regulation applies to taxpayers who previously requested an extension; this is not a new deadline exclusive to crypto assets. The extension postpones only filing deadlines, not payment deadlines. For 2025 digital asset transactions, Form 1099-DA provided by brokers may not include cost basis information, requiring taxpayers to independe
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01:07
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Nasdaq-100 Hits Record High at 30,807 as U.S. 10-Year Treasury Yield Rises to 5.27%

According to ETDaily and Nikkei, on October 2, the Nasdaq-100 Index closed at 30,807, up 1.0% and hitting a record high for the first time in over a week. Meanwhile, the U.S. 10-year Treasury yield rose 3 basis points to 5.27%, reflecting a widening divergence between stock and bond markets. The stock market rally was largely driven by AI-related mega-cap stocks, particularly Nvidia, which hit a fresh all-time high for the first time in 4.5 months. Meanwhile, short positions in 10-year Treasury
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