Gate Crypto Flash News and Market Updates

According to Coinglass data, Ethereum's global open interest in perpetual contracts increased 5.18% in the past 24 hours, reaching a total of $353.04 billion. Binance accounts for $102.08 billion of the open interest, followed by Bybit with $27.1 billion, Gate with $23.26 billion, and OKX with $19.73 billion.

According to Catalyst Funds manager Larry Holzenthaler, the September employment report will be viewed as positive news for credit markets on October 2. Weaker job data could reduce the urgency of further rate increases while keeping inflation as the Federal Reserve's primary concern, Holzenthaler said. Slower rate hikes will ease credit market anxiety, which has grown uneasy as yields have risen significantly, he added.

According to BIT data reported by BlockBeats, Nvidia (NVDA) touched an all-time high intraday on October 2, rising 2.4%.

According to Binance data, on October 2, Coinbase stock surged 5.1% and Strategy rose 5.6%, tracking Bitcoin's climb to its highest level in over a week.

According to Hassett, director of the White House National Economic Council, the U.S. Navy has opened the Strait of Hormuz, with crude oil currently flowing through the passage, ChainCatcher reported.

According to Foresight News, Fiserv announced its digital asset platform is now live for financial institution clients, enabling stablecoin banking services and payments. The first use case is Roughrider Coin, a USD stablecoin issued and custodied by VersaBank, with infrastructure provided by Fireblocks and transaction processing via Solana. The platform will serve over 90 banks and credit unions in North Dakota.

According to DefiLlama, total on-chain application revenue across 356 tracked blockchains reached $467.66 million in September 2026, up 27% from August and the highest monthly figure since October 2025. Solana led all networks with $144.25 million, representing 31% of global revenue and an eight-month high for the network. Robinhood Chain nearly tripled its August figure to $84.39 million, surpassing Hyperliquid at $60.56 million and Ethereum at $55.43 million to claim second place. Binance Smar

According to Binance data, on October 2, ProShares Bitcoin Strategy ETF and iShares Bitcoin Trust rose 2.8% and 2.7%, respectively.

Chainlink demonstrated an automated dividend workflow for tokenized equities across four blockchains as part of the 2026 Swift Hackathon, earning runner-up in the Business Challenge. The demonstration integrated Swift messaging, Chainlink Runtime Environment, cross-chain infrastructure and ISO 20022 standards to coordinate dividend processes from announcement through payment and reconciliation, addressing operational challenges in managing corporate actions across multiple blockchain networks. C

According to Binance's announcement, effective November 1, 2026, the exchange adjusts deposit and withdrawal procedures for Brazilian users to comply with Brazil's Central Bank Resolution 521/2025. Users transferring crypto to overseas personal accounts, non-resident individuals, or entities must provide transfer purpose and confirm recipient or sender identity. Cross-border transactions involving counterparties not authorized in Brazil's forex market are capped at $100,000 per transaction, with

According to Hassett, director of the White House National Economic Council, the administration will announce additional energy-related policy measures next week.

According to ChainCatcher, Matador Technologies announced the issuance of $10.5 million in principal of senior secured convertible notes and currently holds approximately 168 Bitcoin. The debt is part of a $100 million convertible notes facility, with the remaining $89.5 million available for drawdown subject to regulatory approval and other conditions. The company is also reducing monthly operational expenses from approximately 125,000 Canadian dollars toward 100,000 Canadian dollars.

According to ChainCatcher, SEC Commissioner Hester Peirce ended her tenure today (October 2) after serving for over 8 years. During her time at the agency, Peirce advocated for a digital asset token safe harbor framework and previously led the SEC's Crypto Task Force. She has consistently pushed for regulatory clarity to provide guidance for the rapidly expanding digital asset industry.

According to Eurostat, the eurozone's September consumer price index (CPI) rose 3.8% year-over-year on October 2, exceeding market expectations of 3.6% and climbing 0.6 percentage points from August's 3.2%. Core inflation, which excludes volatile food and energy components, came in at 2.5%, in line with market forecasts. Energy prices led gains at 18.8% year-over-year, up from 14.3% in August.

According to PANews, U.S. storage sector stocks declined broadly in early trading on October 2. Western Digital fell 9.96% and Seagate Technology dropped 15.38%, leading the losses among major players in the sector.

According to Gate market data, the Dow Jones Index opened up 286.1 points (up 0.56% to 51,212.66) on October 2. The Nasdaq Composite gained 305.82 points (up 1.14% to 27,177.42), while the S&P 500 advanced 58.26 points (up 0.76% to 7,724.71).

According to ChainCatcher, Binance announced on its X platform that it will release a major announcement.

According to Coinglass data monitored by ChainCatcher, 500 million USDT transferred from Binance to an unknown wallet on Oct 2 at 21:29 UTC.

According to Solana Foundation, Solana accounts for approximately 45% of adjusted stablecoin volume in 2026, underscoring the blockchain's growing prominence in the cryptocurrency market as institutional interest in stablecoins and tokenized assets continues to rise.

According to Pyth Network, the oracle provider is expanding its infrastructure to serve machines and algorithms rather than human traders. As financial systems shift toward machine-readable formats, demand for structured, standardized, low-latency market data from APIs, trading algorithms, risk systems, and AI agents will continue to grow. Pyth's business model now covers API market data services, index infrastructure, and institutional proprietary data markets. The network emphasized that token