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
08:21
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Inno Space Converts 554,553 Preferred Shares in Two Days as Stock Hits Floor Price

According to South Korea's Financial Supervisory Service public filings, space launch company Inno Space saw 554,553 shares of convertible preferred stock converted into common shares on October 1-2, 2026, with 396,825 shares converted on October 1 alone, marking the highest single-day conversion volume since the first conversion in April. The surge follows the conversion price hitting the contractual floor of 6,845 Korean won on September 28, down from 9,778 won, eliminating incentive for conti
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08:20
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South Korea's M&A Market Surges in Q3 2026; Deals Hit 14.97 Trillion Won, Up 4 Trillion YoY

According to Seoul Economic Signal, South Korea's mergers and acquisitions market completed 108 deals worth 14.97 trillion won in Q3 2026, up 4 trillion won from the same period last year. Year-to-date cumulative M&A value reached 62.05 trillion won, exceeding the full-year 2025 total of 61.40 trillion won. Major Q3 transactions included Carlyle's acquisition of ChungHo Nice (1 trillion won), E-Mart and Shinsegae's purchase of SSG.com's remaining stake (12.71 trillion won), and KG Group's acquis
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08:20
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South Korea's M&A Market Hits 62 Trillion Won in Q3, Surpassing Full 2025 in 9 Months

According to Seoul Economic Daily, South Korea's cumulative M&A transactions reached 62.05 trillion won through Q3 2026, exceeding the entire 2025 annual total of 61.4 trillion won. The surge reflects major infrastructure investments tied to AI innovation, including SK Telecom's SK Horizon fundraising of 3.08 trillion won and Samsung Biologics' acquisition of Polypeptide Group for approximately 2.7 trillion won. Rising interest rates, with leveraged financing costs climbing to around 7%, have ac
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08:14
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U.S. Nonfarm Employment Report Due Tonight; Economists Expect 84K Jobs Added, 4.1% Unemployment

According to Dow Jones consensus forecasts, the U.S. Bureau of Labor Statistics will release September nonfarm employment data on Friday, October 2 at 8:30 a.m. ET, with economists expecting 84,000 jobs added and unemployment holding steady at 4.1%. The report will inform the Federal Reserve's next policy decision. Fed Vice Chair Philip Jefferson said Thursday that labor market conditions have stabilized, and New York Fed President John Williams emphasized the central bank is not rushing to act
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08:08
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Kosdaq Rebounds 13% From September Lows, Driven by $1.01 Trillion in Fund Inflows

According to Korea Exchange data, Kosdaq index rebounded 13% from September lows of 790-800 points to close at 893.29 on October 2. The index fell to 790.21 on September 3, recovered to 820 points by mid-September, and surged to 894.29 on October 1 before the October 2 pullback. From September 1 through October 2, domestic institutional investors accumulated 1.01 trillion won in net purchases, with investment funds accounting for 1.56 trillion won and pension funds adding 226.4 billion won. Fore
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08:08
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Shinhan Asset Management Launches SOL Global DRAM Semiconductor Plus ETF on October 7

According to Korea Exchange, Shinhan Asset Management will list the SOL Global DRAM Semiconductor Plus ETF on October 7 on the Korea Exchange. The passive fund invests in memory semiconductor companies listed on exchanges in South Korea, the United States, and Japan, with a focus on DRAM-related firms. The ETF will be priced at 10,000 Korean won per share.
08:08
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Institutional Wallet Infrastructure Emerges as Critical for STO Market on October 2

According to Edaily, institutional wallet infrastructure for digital assets emerged as a critical component of the blockchain finance sector at the Global STO Summit 2026 in Seoul on October 2. David Lee, APAC Head of Utila, a non-custodial wallet provider, highlighted that institutional-grade wallet systems must integrate private key management, transaction approval, on-chain compliance, audit logging, and business continuity features. Lee noted that technologies such as MPC (Multi-Party Comput
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08:08
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Meta Stock Rises 29% in Q3 on Muse AI Launch, But Analyst Warns Monetization Could Be 'Notoriously Slow'

According to Needham analyst Laura Martin, Meta's stock rose 29% in the third quarter, its strongest performance since Q1 2024, with the bulk of gains coming in September following the launch of Muse, a personal AI agent that drew about 5 million downloads in its first three weeks. Martin reiterated a 'hold' rating on Meta, citing concerns that the company is historically slow to monetize new products. She noted Meta's track record: Instagram took three to four years to generate meaningful ad re
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08:06
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BTC Trading at $86,199; Binance Perpetual Futures Show $22.67M Net Short, Coinbase Spot $1.71M Net Long

According to Liquid24/7.xyz monitoring, Bitcoin is trading around $86,199 with significant depth divergence across major exchanges. Binance perpetual futures show $62.71M in sell orders versus $40.04M buy orders, representing $22.67M net short positioning. In contrast, Coinbase spot market shows $10.98M in buy orders against $9.28M in sell orders, resulting in $1.71M net long pressure. Hyperliquid perpetual futures display the largest imbalance with $10.98M in sell orders against just $576k in b
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BTC3.19%
08:06
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Bitcoin Futures Buying Pressure Hits 4.9, Highest Level Since August 19

According to analyst @AxelAdlerJr, Bitcoin futures market buying pressure surged to 4.9 on October 2, reaching the highest level since August 19. Open interest positions increased by approximately 9,000 BTC in the past 24 hours, signaling renewed position accumulation by traders. The buying pressure indicator, weighted by changes in open interest, measures the market's buy-sell balance. A reading of 4.9 indicates accumulated pressure nearly five standard deviations above the one-week average, ty
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08:05
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Omani Pilot Suspected in Dubai Airlines Hijacking Plot Has No Second Nationality

According to sources familiar with the investigation cited by Jerusalem Post on Friday, October 2, the Omani co-pilot suspected of attempting to hijack and crash a Dubai Airlines flight bound for Israel holds no other nationality. The sources also denied claims that Israel-UAE aviation agreements restrict pilot nationalities to those from countries with diplomatic relations with Israel. Oman has no diplomatic relations with Israel, and the suspect's nationality was cited by Israeli Transportatio
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08:04
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Arcus Launches Real-Time Points Reward Program for Robinhood Wallet, Supports 190+ Stock Tokens

According to Arcus announcement reported by PANews on October 2, Arcus launched a real-time points reward program for Robinhood Wallet users trading over 190 stock tokens. Users trading stock tokens on Robinhood Wallet earn higher Arcus points compared to eligible spot trades conducted directly on the Arcus platform. Since launching on Robinhood Chain on July 1, Arcus has accumulated over $5 billion in total trading volume across spot and perpetual markets.
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08:03
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Bitcoin DAT Stocks Rally Above Delisting Risk as BTC Hits 80K; BitMax Surges 103.96% to 308B Won Market Cap

According to the Korea Exchange, Bitcoin DAT-focused listed companies rebounded sharply on October 2, escaping the threat of delisting. BitMax closed up 65 won (3.11%) at 2,155 won, bringing its market cap to 30.8 billion won, well above the lower threshold of 20 billion won set for the second half of 2026. BitPlanet's market cap surged 93.30% from 33 billion won at mid-year to 63.8 billion won, while Ethereum DAT stock ParaTaxis climbed 8.83% to 28.7 billion won. The rally followed Bitcoin's as
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BTC3.19%
08:02
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CNEX China Money Market Sentiment Index Falls to 48 on October 2, Down 3 Points

According to Jin10 Futures, citing CFETS data, the CNEX money market sentiment index fell to 48 as of 4 p.m. on October 2, down 3 points from 2:30 p.m. Breakdowns showed large banks' sentiment index at 45, mid-sized and smaller banks at 48, and non-banking institutions at 50, each declining 3 points. The index ranges from 0 to 100, with 50 representing equilibrium and readings above 50 indicating monetary tightness.