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
07:42
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France, Germany Eurozone September PMI, BoE Bailey Speech, Metal Stocks Data Due Within 20 Minutes

France, Germany, and the eurozone will release September manufacturing PMI final readings in approximately 10 minutes. Bank of England Governor Andrew Bailey is scheduled to speak in about 20 minutes. Singapore's fuel oil inventory through September 30 and the London Metal Exchange copper, aluminum, and nickel inventory changes through October 1 will be published in approximately 20 minutes.
07:42
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AMPL Drops 14.08% to $1.22 in One Hour

AMPL fell 14.08% to $1.22 in the past hour, declining from $1.42, according to current market data. The sharp move underscores the token's volatility amid mixed crypto market conditions. AMPL's market cap stands at approximately $3.77 million, with the token fluctuating between $1.43 and $1.22 over the past 24 hours.
07:38
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South Korean Nuclear and Steel Stocks Surge on $200B U.S. Investment Plan Announcement

According to Trump's announcement on September 30, South Korea revealed a $200 billion U.S. investment project including 6GW of power generation capacity, eight nuclear reactors, and an Alaska LNG pipeline. On October 1, South Korean nuclear stocks rose sharply, with WonIlTechNI hitting the daily limit at 10,850 won, while steel stocks also gained. Daehan Steel jumped 16.82% and Koryeo Steel rose 5.02%. Analysts attributed the gains to expectations of expanded nuclear export opportunities. The p
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07:38
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LG&F Cuts Convertible Bond Plan to 100 Billion Won, One-Third of Market Expectation

According to investment banking industry sources, South Korean battery material maker LG&F is preparing to issue 100 billion won in convertible bonds on October 1, significantly scaled down from the 300 billion won market expectations. The offering will comprise 50 billion won in perpetual convertible bonds and 50 billion won in standard convertible bonds, managed by Korea Investment Securities. The company's debt burden exceeds 1 trillion won, with negative free cash flow of 88 billion won in t
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07:38
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South Korea's Won Falls Against Dollar on October 1, Closing at 1,358.4 Won

The Korean won closed at 1,358.4 against the U.S. dollar on October 1, up 5.6 won from the previous trading day, according to Seoul's foreign exchange market. The currency touched 1,363 won intraday before trimming gains. The decline in dollar-selling by month-end fund flows, particularly related to global government bond index rebalancing, combined with broader dollar strength and yen weakness, pressured the won. Foreign investors' net selling of South Korean stocks also increased dollar demand
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07:38
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NC Stock Surges 9.57% as Aion 2 Global Early Access Hits Steam Top Rank

According to NC, the company's stock closed up 9.57% at 229,000 Korean won on October 1 following strong early performance of Aion 2's global launch. The MMORPG reached the top position on Steam's revenue chart globally on September 30, ranking first in 12 countries including the U.S., France, Germany, Spain, and Brazil. Peak concurrent players on Steam exceeded 170,000. The company plans to begin full global service on October 5 across North America, South America, Europe, and Asia (Japan) regi
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07:35
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OpenAI Codex Deploys Additional Compute to Handle GPT-6.1 Sol Demand, Speed to Double

According to Tibo, OpenAI's Codex product manager, GPT-6.1 Sol has become the company's most demanded model on October 1, straining both API and subscription user services. OpenAI has since deployed additional computational capacity to address the load pressure. Tibo stated that performance speeds are expected to improve significantly within hours, reaching nearly twice the speed from the previous day.
07:35
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Brent Crude Returns to $100 per Barrel on October 1, Up 2.13%

According to Guru Club, on October 1, Brent crude oil futures touched $100 per barrel for the first time, trading at $100.118 with a daily gain of 2.13%. WTI crude oil futures rose 2% to $92.261 per barrel. In equities, Europe's STOXX 600 index declined 1.1% to its lowest level since June 12.
07:33
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Korea Blockchain Week 2026 Concludes with 290 Speakers, 12,500 Attendees; Focuses on Institutional Adoption

According to FactBlock, Korea Blockchain Week 2026 with Upbit concluded its two-day main conference on Oct 1, held at Walkerhill Hotel & Resort in Seoul. The event featured 290 speakers delivering 120 sessions across 3 stages, with 12,500 total attendees recorded. Notably, 115 speakers (39.7% of total) represented finance, policy, and digital asset sectors, marking the conference's shift toward institutional participation and bridging traditional finance with digital assets. Key discussions cent
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07:33
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Standard Chartered Initiates Ethena Coverage with US$2 End-2028 Target, 7x Current Price

According to Standard Chartered, on September 30, the bank initiated research coverage of Ethena's ENA token with a US$2 price target for the end of 2028, approximately seven times the US$0.28 cited in its report. The bank estimates Ethena's USDe stablecoin supply could reach US$40 billion by end-2028. Under Ethena's governance rules, token buybacks begin only once USDe circulation reaches US$7.5 billion; CoinGecko showed approximately 4.87 billion USDe in circulation on Thursday.
ENA6.55%
07:32
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a16z Establishes First Asia Office in Seoul, Citing High Korean User Adoption

According to a16z Crypto General Partner Guy Wuollet, speaking at the a16z Crypto Korea Summit on October 1, the venture capital firm chose Seoul as its first Asia office due to the high proportion of Korean users among portfolio companies' user bases. Wuollet stated that both personal experience and data show South Korea is a nation highly optimistic about technology and actively embraces blockchain-based infrastructure and services. a16z opened its Seoul office in June 2026.