Gate Crypto Flash News and Market Updates

According to Stocktwits, Delta Air Lines is the only major U.S. carrier selecting Amazon's Leo for in-flight Wi-Fi instead of Starlink, prompting a public feud between Elon Musk and Delta CEO Ed Bastian. Bastian explained the airline tested Starlink but opted against partnering with Musk, citing his reputation. Musk responded by mocking Delta's connectivity and claiming Bastian "will lose his job," arguing that any CEO who deliberately damages their company over a personal grudge doesn't deserve

According to CoinGecko, Bitcoin has risen to $85,929 today (October 2), up 2.0% in the past 24 hours, with intraday highs reaching $86,761. The cryptocurrency is approaching key resistance at $87,500, with technical analysts citing $82,000 as near-term support and $95,000 as the next target if resistance breaks. Market focus remains on major U.S. economic releases scheduled this month: September employment data (today), Consumer Price Index on October 14, and Federal Open Market Committee result

The U.S. Treasury's Office of Foreign Assets Control designated entities linked to the A7 financial network today, targeting a Russia-connected cross-border payments operation accused of facilitating sanctions evasion and moving over $17 billion in transactions. The network, associated with Moldovan-born Russian businessman Ilan Shor, emerged to provide alternative payment infrastructure after major Russian banks faced restrictions from Western financial channels following Russia's 2022 invasion

SAND surged 11.39% in 15 minutes on October 2, climbing from $0.0482 to $0.05369. The token also posted a 21.58% gain over the past 24 hours, reaching a daily high of $0.05464. Current trading volume stands at $6,254,211.66, reflecting heightened market activity during the price movement.

According to Uanalyze, Palantir Technologies and edge infrastructure provider Armada announced today (October 2) an expansion of their collaboration, integrating Palantir's sovereign AI operating system into Armada's Galleon data center to accelerate sovereign AI infrastructure deployment. The modular Galleon data center units are equipped with 32 NVIDIA B300 GPUs each, enabling AI inference and computing capabilities to be deployed in diverse environments beyond traditional large-scale data cen

According to Ukrainian President Volodymyr Zelensky, Russia launched over 100 attack drones against Ukraine overnight on October 1.

According to GMGN data, the BSC meme coin "Lobster" market cap fell below $30 million on October 2, down over 90% from its $310 million peak reached on September 21.

According to Yonhap Infomax, on October 2, UK and German 10-year sovereign yields declined, with the UK 10-year yield falling 2.96 basis points and the German 10-year yield declining 3.07 basis points.

Italian energy company Eni announced on October 2 that it will offer a 20% discount on diesel and gasoline for agricultural and fishing customers from today through October, with the possibility of extending the promotion through year-end.

According to Korea Exchange data, Refine, a Kosdaq-listed company, saw its stock price surge 50.7% between July 1 and August 14, 2026—approximately 50 days before its largest shareholder Realty Fine announced a public takeover bid on August 18. The stock climbed from 9,010 Korean won to 13,580 won during this period, with no material positive company news to justify the gains, prompting market suspicions of insider trading. Realty Fine subsequently purchased 5.199 million shares (30% of outstand

According to E-Daily, Donga Socio Holdings completed the absorption merger of its 100% subsidiary Donga Pharma on October 1, marking a reunification into a single entity 13 years after being split in 2013. The surviving company, Donga Socio Holdings, changed its name to Donga Pharma, while the previous Donga Pharma entity was dissolved. As of June 30, combined total assets reached 1.4116 trillion won, up approximately 43% from Donga Socio Holdings' pre-merger assets of 985 billion won. The compa

According to Ukraine's Agriculture Minister, the country exported 2.44 million tonnes of food in September, representing 46% of its potential export capacity.

Illinois has postponed consideration of a proposed tax on cryptocurrency transactions regardless of profit or loss. The measure would levy taxes based on transaction value rather than realized capital gains, departing from conventional U.S. tax treatment. The proposal faced significant industry opposition because it could create tax liability even when an investor sells assets below their purchase price. Existing federal and state tax obligations on digital assets remain in place, including capi

According to Yonhap News citing Ukrainian military media Militarny and United24 Media, the Ukrainian defense company SkyFall unveiled the Thor Hammer medium-range attack drone on October 1, with the system already deployed on the front lines. The drone operates in two models with maximum flight ranges of 350km and 600km respectively. It has a top speed of 180 km/h, can carry up to 50kg of payload, and uses artificial intelligence and computer vision technology for target tracking during the fina

According to reports, the Sunshine Protection Act passed the U.S. House of Representatives on July 14 with bipartisan backing (308-117 votes), but remains stalled in the Senate due to a recess before the midterm elections. The bill aims to eliminate the twice-yearly clock adjustments and implement permanent daylight saving time. President Trump strongly supports the measure, stating on social media that switching clocks twice annually is "stupid, inconvenient, and costly," and arguing that perma

According to BlockBeats, AAVE reached $185 on October 2, marking a year-high. On Hyperliquid, 4 AAVE long traders each accumulated over $1 million in unrealized gains from the price rally.

According to Korea Exchange, biotech stocks retreated sharply on October 2 after rallying the previous day, with profit-taking driving losses across the sector. Peptron declined 9.12% to 129,500 KRW, GI Innovation fell 7.55% to 8,820 KRW, and AlzNomics dropped 5.06% to 28,150 KRW. The pharmaceutical sector fell more than 2% overall, the steepest decline among Korean market segments. Analyst Lee Kyung-min of Daishin Securities attributed the selloff to "profit-taking pressure following yesterday'

According to E-Daily, Sangsangin (KOSDAQ: 038540) announced on October 2 that it will repurchase 534,188 common shares for a total of 1 billion Korean won to enhance shareholder value and stabilize the stock price. The buyback will be conducted on the KOSDAQ market from October 6, 2026, through January 2, 2027, with NH Investment & Securities acting as the underwriting broker.

South Korea's major banks have launched same-day ETF trading on personal retirement accounts (IRP) and slashed fees to compete with securities firms. According to Financial Supervisory Service data, Kookmin Bank initiated the service in August, followed by Shinhan Bank on September 21. Shinhan waived fees for accounts with 100 million won or more, while Kookmin will exempt accounts with 50 million won or more starting next month. Hana and Woori banks plan similar launches by year-end. Despite na

According to i Paper, UK Prime Minister Burnham has not completely ruled out the possibility of calling an early general election in May 2027. Multiple sources close to the Prime Minister's office indicated that while Burnham publicly maintains he will not hold an early election, the possibility remains open. Insiders suggested the timing could coincide with efforts to prevent right-wing forces from reunifying, and that the final decision may depend on market and public response to this month's