Gate Crypto Flash News and Market Updates

According to TheEnergyMag, a U.S. New Jersey bankruptcy court approved the reopening of bidding on Poolin's Texas bitcoin mining assets on October 1. Hut 8's affiliate remains the baseline buyer with a total deal value of up to $180 million, comprising $100 million at closing plus up to $80 million in milestone payments linked to future data center projects for AI, high-performance computing, and cloud computing facilities. The public auction will be held on October 2, with competing bidders req

According to Mongolia's Fuel Emergency Command Office, as of September 30, the country had imported a cumulative 59,000 tons of AI-92 gasoline, 188,570 tons of diesel, and 11,000 tons of aviation fuel, totaling 257,000 tons of petroleum products. On September 30, rail transport added 13,000 tons of AI-92 gasoline via 217 tank cars, equivalent to 5-6 days of national consumption, with 68 rail cars already arriving at unloading stations for customs clearance. Super 92 company stated that fuel supp

According to ChainCatcher, Micron Technology CEO Sanjay Mehrotra stated that physical AI will be a major driver of storage demand alongside data centers. L4-level and higher autonomous vehicles, positioned as the first major deployment of physical AI, typically require over 200GB of memory and multiple terabytes of storage capacity.

According to SK Securities report released today (October 1), GT Power, South Korea's market leader in government-grade distribution panels with a 40% market share, is expected to benefit from surging power demand driven by expanding AI data centers. The Seoul-based power equipment firm reported 2025 revenue of 77.4 billion won and operating profit of 8.8 billion won, compared to 55.4 billion won revenue and 3.7 billion won profit in 2024. SK Securities analyst Na Seungdu noted that AI-based con

According to Yonhap Infomax, Japan's Nikkei 225 Index rose 643.46 points, or 0.96%, to 67,397.18 as of 9:20 AM on Oct 1, marking its highest level since Aug 18. The recovery was driven by overnight gains in U.S. Nasdaq following lower-than-expected August PCE inflation data, which eased rate-hike concerns. Micron Technology also reported Q2 FY2026 revenue of $54.23 billion, nearly five times higher than the prior year. In Tokyo, semiconductor stocks led gains. Advantest jumped over 4%, Tokyo Ele

According to Jin10, as of October 1, 2026, 10:30 a.m., gold bar prices declined across major Chinese banks and brands. Lao Miao Gold and Ya Yi Gold Shop saw the largest declines, down 8 yuan per gram compared to the previous day.

According to BlockBeats (Jin10) on October 1, Micron Technology (MU.O) projects capital expenditures of approximately $25 billion for the first half of fiscal 2027, with higher spending planned for the second half. CFO Mark Murphy stated that the majority of incremental spending will be directed toward constructing new fabrication plants (capex for buildings) rather than equipment purchases alone. Murphy attributed the increased investment to long-term contracts providing sufficient demand visib

According to DB Securities and NH Investment & Securities, earnings momentum in the Korean stock market is shifting from semiconductor dominance to diversified sectors for Q3, driven by rapid changes in exchange rates and interest rates. The Korean won weakened from an H1 average of 1,483 per dollar to a Q3 average of 1,426, and currently stands near 1,360. Securities analysts highlighted that companies with high foreign currency debt positions will see margin expansion, while those with high fo

According to Micron Technology CFO Mark Murphy, announced on October 1, the company generated $44 billion in operating cash flow and $33.2 billion in free cash flow in fiscal 2026 Q4. Mark Murphy stated that Micron plans to increase capital returns to shareholders starting December 9, 2026, primarily through stock buybacks. The company expects to return 100% of excess cash to shareholders over time.

According to Financial News, Daol Investment Securities officially launched MCP Trading today (October 1), a service that integrates generative AI platforms including ChatGPT and Claude with securities accounts. Users can inquire account balances, holdings, market prices, and available trading amounts, and place stock orders directly through AI chat interfaces. The service supports domestic and overseas stock inquiries and trading, with orders previewed by AI before user confirmation to prevent

According to Digital Asset, Harry Jung, former White House Digital Asset Advisory Committee Deputy Director and now Managing Director of Strategy & Partnership at Ensum Group, stated on October 1 that South Korea should not restrict stablecoin issuers to banks alone. Jung said that any entity meeting regulatory requirements and holding appropriate licenses should be treated equally, and that concentrating such business with specific banks would be unfair. Jung highlighted that South Korea should

According to crypto analyst Ai cited by Odaily, ADA futures market demand has cooled significantly over the past week. Open interest declined 9% from $1.99 billion to $1.81 billion, indicating traders are reducing leveraged positions. Additionally, whale accumulations show selling pressure, with major holders shedding roughly 90 million ADA (worth approximately $22.5 million) since September 20. ADA declined 10% following a sell signal that appeared on September 26. Ai identified $0.24 as a crit

According to MarketWatch, gold futures fell 6.6% in September, marking the worst monthly performance since June, as expectations for interest rate hikes, rising U.S. Treasury yields, and a stronger dollar outweighed safe-haven demand. December gold futures closed Wednesday at $4,186.70 per ounce. Despite persistent inflation and ongoing Middle East tensions, central banks and gold ETF investors continued accumulating the precious metal. China's central bank purchased over 20 metric tons of gold

According to Yonhap Infomax, on October 1, South Korea's central bank data showed overnight call rates at 3.105% with trading volume of 13.51 trillion won. Required reserve shortfall stood at 3.86 trillion won, while cumulative reserve surplus reached 24.67 trillion won. Market expectations suggest early-month funding inflows, though recovery remains slow. Banks are expected to maintain steady reliance on repo market operations as funding conditions gradually stabilize.

According to Yonhap News Agency, South Korea's bond market has shown declining sensitivity to oil price movements as U.S.-Iran tensions extend beyond seven months, with traders increasingly focusing on other economic indicators such as PCE inflation and GDP data rather than daily crude price swings. A bond dealer at a major securities firm noted that oil price sensitivity has notably weakened in recent weeks, with even moderate oil declines no longer translating directly to U.S. Treasury yield d

According to ChainCatcher, Arcus Points have launched on the on-chain perpetual futures platform Arcus. Season 0 settlement and rankings are complete, allowing users to connect their wallets to view their standing. Season 1 is now open.

According to BlockBeats, Base completed its third mainnet upgrade, Cobalt, on October 1. The core feature is Validity Transactions, allowing users to submit transactions with execution conditions that will only be included on-chain if conditions are met. Base noted the API functions as neutral infrastructure, with advanced traders able to keep submissions private until settlement. Cobalt also enhanced the B20 token standard introduced in June's Beryl upgrade with three new functions: Composite P

Li Auto delivered 31,817 vehicles in September, down 6.3% compared to the same month last year.

According to Yonhapnews, South Korea's KOSDAQ index rose 2.66% to 878.67 on October 1, while the broader KOSPI index narrowed its decline to trade near flat. The gains were driven by strong export data: South Korea reported September exports of $120.94 billion, up 83.5% year-on-year and marking both the highest monthly figure on record and the first time monthly exports exceeded $120 billion. Semiconductor and materials-equipment-parts (semiconductor supply chain) stocks led the advance. The ral

According to Micron Technology CEO Sanjay Mehrotra on October 1, the company has signed 26 long-term supply agreements worth approximately $150 billion, securing multi-year demand visibility. Micron projects FY2027 first-quarter revenue of $61.5 billion with earnings per share of $38.15, reflecting continued sequential growth. The CEO stated that memory market supply-demand conditions will tighten further in 2027 and 2028 compared to 2026, with no near-term equilibrium expected. Micron plans cap