Gate Crypto Flash News and Market Updates

According to Coingacles, the Crypto Fear & Greed Index currently stands at 71, down 2 points from yesterday, indicating a greedy market sentiment. The 7-day average is 72, while the 30-day average is 67.

According to CNBC's Jim Cramer, Akamai (AKAM-US) is the only one of three major content delivery network providers worth buying now, citing the company's $11.6 billion seven-year computing contract with AI firm Anthropic announced on September 24 and its significantly lower valuation compared to peers. Cloudflare (NET-US) and Fastly (FSLY-US) could also benefit from surging AI-driven network traffic, but Cramer views their current valuations as too high. Cloudflare trades at approximately 279 ti

According to sources, Broadcom is raising $60 billion in a new financing round for AI chip infrastructure to support companies like Anthropic. The Wall Street bank consortium is offering a $42 billion senior secured debt tranche (Class A), while BlackRock is leading a $18 billion subordinated debt facility (Class B) and committing $9 billion through its own funds. The remaining portion will be syndicated to investors. The transaction structure aims to fund AI infrastructure expansion as Broadcom

According to PPP prediction market monitoring, Lamine Yamal's odds of winning the 2026 Ballon d'Or surged to 54% on Polymarket in the past 24 hours, up 9%. Harry Kane's odds declined to 39%, down 4% over the same period.

According to Cointelegraph, Core Lightning released version 26.06.8 on September 22 to address vulnerabilities affecting Bitcoin Lightning Network nodes. The team urged operators running version 26.06.7 or earlier to upgrade immediately, citing reports of attacks targeting unpatched nodes. Details of the exploited vulnerabilities and potential impact were not disclosed.

According to Yonhap Infomax, the USD-KRW exchange rate rose 1.50 won to 1,359.90 won on October 2 in the Seoul foreign exchange market, compared with the previous trading day's close. The currency pair hit an intraday high of 1,366.20 won before retreating to below 1,360 won. Caution ahead of the release of U.S. September non-farm payroll data constrained the rally.

According to BlockBeats, on October 2, the International Monetary Fund approved a $138 million disbursement to El Salvador as part of its $1.4 billion Extended Fund Facility program. The IMF also approved a waiver for El Salvador's failure to meet previous bitcoin accumulation limits, noting that the country has implemented corrective measures and committed to reducing government participation in bitcoin-related activities. El Salvador pledged not to accumulate bitcoin beyond documented donation

According to The Defiant, Kinetiq announced today the termination of its kPoints rewards mechanism, replacing it with a paid token distribution model. Holders of accumulated points have 10 days to purchase KNTQ tokens at $0.26 per token from a pool of 50 million KNTQ, which could generate approximately $13 million in revenue if fully subscribed. The announcement triggered a 23% price decline in KNTQ, as the previously free token allocation now requires direct payment.

According to Axios on October 1, the U.S. deployed one Patriot air defense system to Saudi Arabia in September to protect a critical oil production facility, and another to Qatar to safeguard a natural gas facility. The report cited U.S. officials and regional sources. The deployments aim to reassure the regional allies of U.S. commitment to protect their key energy infrastructure.

According to ChainCatcher, during Korea Blockchain Week, Robinhood's senior vice president Johann Kerbrat stated that the company continues to advance work related to SEC innovation exemptions to support tokenized stock trading. Kerbrat noted that as trading volumes in stock tokens grow, they may approach the limits set by the SEC.

According to Chosun Daily, on October 2, LG Uplus, a South Korean telecommunications company, partnered with OptAI, an AI model optimization specialist, to develop token optimization technology that reduces GPU and power consumption while improving AI processing efficiency. In earlier tests on a small language model based on LG AI Research's Exaone, the companies ran the model on smartphone neural processing units and achieved 78% power reduction and 82% model size reduction compared to CPU-base

According to Yonhapinfomax, South Korea's inter-bank lending rates (KORIBOR) declined across major tenors on October 2. The 12-month KORIBOR fell 4 basis points to 4.09%, while the 2-month rate dropped 1 basis point to 3.27%. Rates across the 3-month, 6-month, and other tenors also retreated, marking a broad-based decline in short-term borrowing costs.

According to a Yemeni Armed Forces spokesperson, Yemen's air force conducted 20 strikes on Houthi targets across multiple areas of Taiz Province in the past three hours.

According to a recent TIME interview, U.S. President Donald Trump stated that the American government may consider holding equity stakes in OpenAI and Anthropic, similar to a deal the government reached with Intel.

According to the Financial Times, Amazon has been in talks with investors in recent weeks to transfer Nvidia chips worth approximately $8 billion.

According to ZhiTong Finance, Hang Seng Index fell 2.64% to 23,964 points on October 2 morning, while Hang Seng Tech Index declined 2.45%. Seres Enterprises (09927) bucked the trend with a gain of over 8% following an announcement of a new five-year cooperation agreement with Huawei to upgrade the Wenjie vehicle business.

According to CCTV News, China Huadian's compressed CO2 energy storage project in Mulei, Xinjiang, successfully connected to the grid today (October 2), marking the country's first utility-scale deployment of this technology.

According to ChainCatcher, Super Inu (SI) reached 60,000 token holders within one week of launch, with over 30,000 new holders added in a single day. The protocol recorded over $110 million in on-chain trading volume over the past two days and approximately $163 million cumulative volume in the past seven days. SI's market capitalization has declined to $34.46 million with a 24-hour drop exceeding 22%, after rising from $3 million to $70 million. Bonk Guy noted on X that the pullback represents

According to Xinhua, China's Ministry of Agriculture and Rural Affairs recently released the "15th Five-Year Plan" for the livestock and veterinary industry, setting 15 quantitative targets. The plan aims to reach 1.3 billion tons of total fodder production by 2030.

According to a report by the Korea Institute of Finance released on October 1, the country's financial regulator recommends maintaining the real-name deposit account system for cryptocurrency exchanges while reconsidering the '1 entity-1 bank' requirement. The report, submitted to the Financial Services Commission late last year, found that real-name accounts effectively strengthen anti-money laundering (AML) monitoring at the banking stage and lack viable alternatives. However, the institute su