Gate Crypto Flash News and Market Updates

According to ChainCatcher, BitBT Ventures has invested $5 million in an early funding round for KIVO, a social finance platform that integrates social, trading, payment, digital assets, and emerging financial products through a consumer-facing application. BitBT Ventures will support KIVO in building a social layer and full-stack SocialFi infrastructure for next-generation users.

According to BlockBeats, on October 2, Upbit and Bithumb both removed the trading caution labels for SAND. The token had been flagged on both platforms on August 24 following a security incident. After reviewing the project's incident report and remediation measures, both exchanges determined the underlying causes had been resolved and lifted the restrictions.

According to ChainCatcher, Tesla delivered 486,532 vehicles in the third quarter of 2026, surpassing analyst expectations of 463,761 units. The result represents a 4.9% beat against consensus estimates.

According to Reuters, AI company Anthropic flagged in its IPO prospectus that government policy attitudes could impact business relationships and commercial customers. Government contracts account for less than 1% of annual revenue, but policy shifts may affect broader operations. The filing also warns that advanced AI systems could pose "catastrophic or existential" risks to humanity. Anthropic cited past government measures including a February 2026 order suspending federal use of its models a

On October 1, Binance Pay expanded its payment network in Japan through an integration with PayPay-supported merchants, allowing approximately 48 million eligible users across more than 100 countries and regions to spend digital assets at millions of merchant locations. Through the integration powered by HIVEX, overseas users can make payments at PayPay-supported merchants while businesses continue to receive settlement in Japanese yen, preserving their existing fiat-based settlement process. Th

According to CCTV News, on October 2, Pakistan's Foreign Minister stated that transit through the Strait of Hormuz should not be subject to any fees.

According to U.S. Trade Representative Jamison Griel, negotiations over a U.S.-India trade agreement remain unlikely to conclude in the near term. Speaking to India's ANI news agency on Thursday, Griel stated, "I don't see anything imminent at this point. We have identified all of the issues that constitute barriers." Washington and New Delhi continue to work through contested details on the anticipated trade deal.

According to Daily Economy, Samsung Electronics has set its 2027 HBM4 supply pricing at $4 per gigabit in the mid-to-high range, more than triple the current HBM3E price of approximately $1.50 per gigabit. The company has initiated annual contract negotiations with major customers for next-year HBM4 supplies.

According to its response published Thursday, Circle urged the European Commission to revise the Markets in Crypto-Assets Regulation (MiCA) by replacing mandatory bank-deposit reserve requirements—currently set at 30% minimum and 60% for significant issuers—with a more flexible asset liquidity requirement. The USDC and EURC issuer also called for removing two reserve concentration limits that impose a 35% cap on exposure to a single sovereign and a ceiling on deposits with each counterparty. Cir

According to The Fly, Nike Inc. (NKE) saw its stock fall nearly 10% in premarket trading on Friday following multiple analyst downgrades. Bank of America cut its price target to $24 from $30, citing limited visibility on a sales turnaround and lowering fiscal 2027 and 2028 EPS estimates by 21% and 22% respectively. Goldman Sachs lowered its target to $30 from $38, citing weakness in Sportswear, Jordan and China offsetting Performance growth. Other firms including Wells Fargo (down to $30 from $4

According to Morgan Stanley, the firm reinstated Nvidia (NVDA) as its 'Top Pick' in the semiconductor sector on Friday, citing investor meetings with CEO Jensen Huang and CFO Colette Kress. Morgan Stanley maintained an 'Overweight' rating with a $300 price target, noting that recent developments in land, power, data center infrastructure, financing and component constraints "all play to their strengths" in the expanding AI infrastructure market. Nvidia shares gained over 2% in pre-market trading

According to Taiwan-based media DigiTimes on October 2, Micron's Asia DRAM Front-end Manufacturing Vice President Hui Lu Tung confirmed that artificial intelligence is driving strong memory demand. The company is simultaneously expanding production across four manufacturing facilities and has extended its supply-tight forecast through 2027-2028, marking the most significant guidance update in its latest earnings announcement.

According to Taiwan's Electronic Times on October 2, Micron confirmed that AI-driven memory demand is pushing the company to expand HBM production across four facilities globally. The chipmaker now expects supply constraints to extend through 2027 and 2028, marking the most significant update in its latest earnings guidance.

According to Tom's Hardware, OpenAI has deployed its Jalapeño inference ASIC alongside AMD EPYC Turin CPUs as host systems, each equipped with 1.5TB of memory. OpenAI Hardware VP Richard Ho told Tom's Hardware Premium that the decision to use Turin was pragmatic, describing Nvidia's new Vera CPU as "a little bit behind on that maturity level." Ho explained that OpenAI prioritized de-risking the design: "We wanted to be aggressive on the goals of performance and cost, but we didn't want to take u

According to BlockBeats citing HTX data, altcoin tokens surged on October 2, with SAND leading gains at 62.52%, trading at $0.06998. ENJ rose 27.88% to $0.03729, while GTC and MANA climbed 22.10% and 19.10% respectively. Other gainers included SKY up 18.94%, GALA up 17.53%, MAGIC up 15.02%, and SUPER up 14.96%.

According to Nick Timiraos of The Wall Street Journal, the U.S. three-month average hiring rate for August was revised downward to 51,000 from an initially reported 71,000. September's three-month average held at 51,000. Private sector employment rose 54,000 in September, exceeding August's revised figure of 48,000.

According to NBC News, U.S. President Trump and French President Macron discussed the energy situation last night (October 1). The specific details and outcomes of the discussion were not disclosed by the news outlet.

According to Jin10, swap contracts linked to Federal Reserve meeting dates now show the market is pricing out a complete rate hike before the end of 2026, a shift from earlier full-hike pricing.

According to Guru Club, on October 2, the U.S. dollar index declined 0.1% to 101.924 following the release of U.S. employment data.

According to IBK Investment & Securities on October 2, Samsung Electronics' stock is currently undervalued despite the company's stable growth prospects amid tightening memory supply. The brokerage maintained a 'Buy' rating and target price of 460,000 Korean won per share, with analyst Kim Un-ho noting that prolonged memory supply shortages would sustain current profitability levels while profits grow steadily. IBK forecasts Samsung's third-quarter operating profit at 101.7 trillion won, up 13.6