Gate Crypto Flash News and Market Updates

According to SMM, more than 1,020 members of the supervisory and staff union at BHP's Escondida copper mine in Chile recently rejected the company's final wage proposal by a 95% margin and voted to authorize a strike.

According to South Korea's central bank and international financial data, the USD Index declined 4.32% from 108.4 on January 31 to 103.7 on October 14, reflecting reduced dollar demand amid U.S. recession concerns. Despite this, the Korean won depreciated 0.08% over the same period, with the USD/KRW rate rising from 1,452.70 to 1,453.80—standing out sharply against countermovement in other major currencies. The Japanese yen appreciated 4.44%, the euro gained 4.47%, and the British pound rose 4.3

Elon Musk stated on X that Tesla is reducing memory capacity in its AI chips to allocate sufficient resources for Optimus humanoid robot mass production. The AI5 chip's RAM will be cut to 36GB (down from 72GB), while the AI6 chip's RAM will drop to 96GB (from 144GB). Musk noted that memory bandwidth, rather than total capacity, is more likely to be the performance bottleneck, and since bandwidth remains unchanged, the impact on Optimus performance is expected to be negligible.

According to the Bank for International Settlements, on October 1, the BIS warned that rapid growth in circular transactions among hyperscale AI companies—where firms provide capital to each other and subsequently purchase products or services from one another—poses macroeconomic risks and could amplify financial market volatility. The BIS report found that from 2021 to 2025, 28.7% of investments made by AI companies targeted other AI companies, while 55.2% of capital flowing into AI firms came

According to Coinglass data cited by ChainCatcher, over $191 million in long and short positions were liquidated across all exchanges in the past 24 hours (October 2). Long positions accounted for $107 million in liquidations, while short positions saw $83.38 million liquidated. Bitcoin long positions suffered $11.87 million in liquidations against $24.71 million in short liquidations; Ethereum saw $11.03 million in long liquidations and $15.69 million in short liquidations. Across the market, 6

According to BlockBeats, Trump reiterated on October 2 that the United States should have the world's lowest interest rates.

According to Reuters, on October 1, Fed Governor Lisa Cook stated that artificial intelligence and its inflationary pressures will be a primary risk for 2027. In remarks at a Federal Reserve Bank of New York event, Cook told FRBNY President John Williams that AI infrastructure buildout may be driving persistent inflation that could take time to subside. Cook noted that supply shocks are occurring more frequently and lasting longer than expected, warranting closer policy attention. The August inf

According to Sunaiya Tuteja, former Chief Innovation Officer of the U.S. Federal Reserve, digital asset innovation will continue even if the CLARITY Act fails to pass. In an interview on October 1 in Seoul, Tuteja stated that the SEC and CFTC have already begun regulatory preparations for such a scenario. "They are issuing new guidance almost every day," Tuteja said, calling it a "very positive signal." However, she acknowledged that regulations implemented without legislation may lack the long-

According to Whale Alert, 110 million USDT was transferred from Bitfinex to Tether Treasury earlier today (Oct 2), as confirmed by the blockchain transaction tracker.

According to @whalealert, an unknown whale transferred 142.1 million USDC to Aave. Aave is a decentralized lending protocol enabling cryptocurrency lending and borrowing without intermediaries.

According to an official statement on October 2, Korea East-West Power introduced ALIO, an AI-powered disclosure pre-validation service designed to enhance the accuracy and reliability of integrated disclosures. The service leverages the company's generative AI model, EZY, to automatically verify disclosure materials for errors and data consistency, providing correction recommendations to reduce manual verification workload. Additionally, the ALIO platform offers one-on-one customized Q&A suppor

According to @whalealert, Ripple transferred 35 million XRP valued at approximately $52.4 million to an unknown wallet on October 2. The move has sparked speculation among traders regarding potential shifts in XRP's liquidity and supply dynamics.

According to NEWSIS, HLG Genomics' stock plunged 62% to 8,070 won from an IPO price of 21,500 won in approximately two months since its late July listing, recording the weakest performance among new KOSDAQ listings in the second half of 2026. Some shareholders complained that the company failed to provide adequate communication regarding key operational matters and approval status for its planned second facility. The company responded that construction of the second factory has already begun fol

According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) recently proposed new cryptocurrency asset custody rules that would allow registered investment advisors and regulated funds to self-custody client crypto assets under specific conditions. The proposal also permits qualified state-chartered trust companies to serve as crypto custodians. Under the proposal, investment advisors may self-custody client assets when no qualified custodian is available, but must reassess cus

According to Jin10, Brazil's Federal Attorney General Jorge Messias requested on October 1 that federal police and the federal prosecutor's office investigate allegations that the U.S. government provided $1 million to Brazilian civil organizations to campaign against what they claim as the Brazilian Supreme Court's "judicial overreach" and "censorship." The investigation was triggered by a report from The Guardian on September 30. Messias emphasized that while disagreements between governments

According to South Korea's Ministry of Economy and Finance, September consumer price inflation reached 2.9% year-over-year on October 2, down from 3.1% in August. The government noted that without its oil product price ceiling policy, which reduced the overall CPI by 0.6 percentage points, inflation would have reached 3.5%. Agricultural and fisheries prices declined 0.3% year-over-year, continuing two months of deflation in the sector.

According to Korea Exchange, the KRX opened an after-hours trading session from 4 p.m. to 8 p.m. for KOSPI and KOSDAQ markets on September 14. Since the launch, daily average trading volumes reached 810 billion won on KOSPI and 480 billion won on KOSDAQ, totaling approximately 1.29 trillion won per session. Foreign investors have shown steady activity in the new market window. On September 17, foreign net selling expanded from 2.28 trillion won at regular market close to 2.63 trillion won by 8 p

According to dealers surveyed by Yonhapinfomax on October 2, the U.S. dollar-Korean won exchange rate is expected to trade in a narrow range around the 1,350 level as market participants await the U.S. September employment report due to be released later in the day. The market anticipates nonfarm payrolls to increase by 90,000 with unemployment at 4.1%. Despite strength in the dollar globally, steady export-related dollar selling from Korean exporters is expected to cap the upside. The expected

According to a Fox News poll released on October 1, Democratic Senate candidate James Talarico leads Republican Ken Paxton 51% to 49% in Texas' midterm election race. The 2-point margin reflects deep divisions within the Republican party between MAGA and non-MAGA factions, with 22% of non-MAGA Republican voters backing Talarico.

According to Yonhap Infomax, Accenture stock surged 15.78% to $212.30 on Oct 1 (local time) on record quarterly results. The company clinched 141 contracts worth $100 million or more in the fiscal fourth quarter—a new record—bringing annual customer contracts to a record $84.5 billion. Fiscal Q4 earnings per share rose 9% year-over-year and revenue increased 6%, while operating margin expanded 3.7 percentage points to 15.3%. The gains alleviated investor concerns that AI demand would cannibalize