Gate Crypto Flash News and Market Updates

According to Goldman Sachs analysts, as of September, approximately half of Turkey's $13 billion in money market outflows flowed into domestic foreign exchange and gold deposits. As of September 25, foreign exchange deposits increased by $1.3 billion, while gold deposits remained stable. By September 28, lira deposits rose $7 billion from the prior week, according to Jin10.

According to Jin10 Data on October 2, the Swiss franc is rising sharply as a hedge against European risks following concerns over France's debt situation. The franc is poised to post its best weekly performance since April 2025, driven by safe-haven inflows amid market doubts about France's ability to control debt before next year's elections. Traditionally a haven currency, the franc had faced selling pressure as traders fled the asset due to Switzerland's zero interest rates. Francesco Pesole,

According to investment banking industry sources on October 2, Han & Co., a private equity fund operator, recently sought valuations and listing proposals from major securities firms for SK Shipping, exploring an initial public offering as an exit strategy. The move comes after the fund's attempt to sell SK Shipping to potential buyers including HMM last year fell through over valuation disagreements. Han & Co. acquired SK Shipping in 2018 for approximately 1.5 trillion Korean won and had expect

According to investment banking industry sources, Han & Company, a private equity firm, is considering taking SK Shipping public as an exit strategy for its investment. The company recently consulted with major brokerages on valuation and listing methods, though no official bidding process has been initiated and no listing timeline has been set. Han & Company acquired a controlling stake in SK Shipping in 2018 for approximately 1.5 trillion Korean won. Last year, the firm attempted to divest its

According to Herald Economy, on October 2, Yoo Dong-won, head of global asset allocation at Yuanta Securities, advised against selling Samsung Electronics and SK Hynix over short-term peak concerns, warning investors could regret the decision within 2-3 years. Speaking at Herald Manifesto 2026, Yoo stated the AI cycle will likely extend at least until 2030, with productivity gains still in early stages—current AI server adoption stands at approximately 14%. He recommended long-term exposure to U

According to Wells Fargo, Liquidia Corp. (LQDA) was downgraded to 'Equal Weight' from 'Overweight' with its price target slashed to $30 from $108 after a Delaware court ruled that the company's Yutrepia infringed United Therapeutics patents. A judge upheld two patent claims related to using inhaled treprostinil to improve exercise ability in pulmonary hypertension patients, creating significant uncertainty for Liquidia's commercialization prospects. Wells Fargo expressed limited confidence that

According to ChainCatcher, THORChain has launched its ZEC liquidity pool, with the network completing a node rotation and all validators now monitoring the Zcash chain. The protocol stated that trading functionality will follow as the next phase; early participants should note shallow liquidity and associated slippage risks. THORChain previously integrated native Zcash support in a protocol upgrade, including UTXO handling and ZEC price oracle implementation.

On October 1, 2026, onsemi and Synaptics amended their merger agreement to an all-cash transaction at $123 per share, valuing the deal at approximately $5.7 billion, replacing the all-stock arrangement announced on June 25 that was valued at about $7 billion. Under the original agreement, Synaptics shareholders would have received 1.350 onsemi shares per share. The companies said both boards unanimously approved the revised terms after Synaptics received an unsolicited acquisition proposal from

According to @WuBlockchain, Drift Foundation officially launched DFX redemptions for users affected by the April 1 incident, offering 1 DFX per $1 lost. Each DFX token is currently redeemable for approximately $0.01. The Recovery Pool backing these redemptions holds approximately 3.11 million USDT, funded by strategic partners including Tether. The claim process is now live with a deadline of January 1, 2028. Redeemed DFX tokens will be burned, reducing overall supply.

Robinhood Wallet has integrated Arcus API as a liquidity source for Stock Token spot swaps, according to FinanceFeeds. Eligible users in supported jurisdictions can now access more than 190 Stock Tokens through routing to Arcus alongside other providers. Arcus uses a request-for-quote system in which professional market makers compete for trades rather than drawing from a passive liquidity pool. The DEX reported over $5 billion in cumulative volume, $28 million in total value locked and more tha

According to Foresight News, Fairblock has announced the launch of CUSD, a privacy-enabled stablecoin on Arbitrum. Built on PYUSDx and supported by M0, PayPal, MoonPay, and Predicate, CUSD allows both public transfers and privacy-protected transactions that hide payment amounts and account balances. Institutions can use it to protect payroll disbursements, treasury management, and OTC settlements, while individuals can conceal on-chain payment amounts and transaction flows.

According to The Block, citing remarks by ECB Executive Board member Isabel Schnabel at Thursday's Bank of England Future of Money conference in London, the European Central Bank is exploring three methods to bring central bank money on-chain. The first involves the central bank directly issuing reserves on programmable platforms; the second maintains the ECB's existing real-time gross settlement system and connects it to distributed ledger technology via an interoperability layer; the third tok

According to Arthur Hayes, chief investment officer at Maelstrom, speaking at CONNECT by Cointelegraph's Seoul Edition on Tuesday during Korea Blockchain Week, U.S. policymakers could lift cryptocurrency prices by printing money to support artificial intelligence development and finance government debt. AI companies need trillions of dollars to fund data centers even as service prices fall, leaving limited options beyond monetary expansion, Hayes said. The panel also featured discussions on Wall

According to an EU spokesperson, the European Commission and EU member states held a coordination meeting this morning. Further discussions may take place in the afternoon.

According to the official XRP Seoul program, Ripple will host a special announcement session on October 3 from 2:15 p.m. to 2:35 p.m. during Korea Blockchain Week. Ripple ecosystem growth manager Tatsuya Kohrogi and XRP Asia president Sabrina Tachdjian are scheduled to speak on "What's Coming Next for the XRP Ecosystem in Asia." XRP was trading at $1.52 on October 2, up 1% over the previous 24 hours.

According to SolanaFloor monitoring, Circle minted approximately 750 million USDC on Solana in the past 24 hours on October 2.

According to an EU spokesman, the next meeting of the EU Oil Coordinating Group is scheduled for October 15. The spokesman added that the group is prepared to convene earlier if circumstances require.

According to MetaQuotes, the company has added Benzinga News to MetaTrader 4, MetaTrader 5, and MetaTrader.com, providing traders with real-time US market coverage directly within trading interfaces. The feed is available in multiple languages with a one-month free trial offered globally. Brokers can distribute the content through dedicated channels to their clients, creating a separate distribution route beyond MetaQuotes' own website.

According to BlockBeats citing GMGN data, Solana's privacy-focused token MASK hit a market cap of $35 million on October 2, marking a new all-time high with a 24-hour surge of over 70%. Current market cap stands at $34.91 million with $2.7 million in trading volume.

According to Zhitong Finance, Botai Auto (02889) completed the acquisition of 70% stake in Chengdu Mingyi Electronic Technology on October 2, 2026. The company acquired 53.5186 million shares for a total consideration not exceeding 1.4 billion yuan. Following the transaction closing, Botai Auto now holds a combined 53.5186 million shares representing approximately 70% of Chengdu Mingyi's issued share capital, making it a non-wholly-owned subsidiary. Chengdu Mingyi's financial results will be con