Gate Crypto Flash News and Market Updates

According to Shinhan Investment Securities, LG Electronics' target price was raised to 290,000 Korean won from 180,000 won on October 2, representing a 61% increase. The upgrade reflects a shift in the company's valuation drivers from traditional home appliances to robotics and AI data center cooling solutions. LG secured 600 billion won in orders for cooling solutions in the first half of the year and is advancing production of its Cloit robot. Daeshin Securities lifted its target to 270,000 wo

According to The Fact, EQT completed the divestment of Acuon Group (a South Korean financial services platform encompassing Acuon Capital and Acuon Savings Bank) to a consortium of Hana Life Insurance and Centroid PE on September 30. Hana Life invested 440 billion won to acquire a 50.54% stake in Acuon Capital, with the overall transaction valued at approximately 800 billion won. The sale concluded a seven-year holding period for EQT, which had acquired the asset through its BPEA Fund 7. As part

According to Bloomberg, Invesco's Matt Brill forecasted on October 2 that fourth-quarter corporate bond issuances will plummet as surging U.S. Treasury yields drive up financing costs. While credit channels remain open, Brill noted that borrowing rates have become prohibitively expensive. Companies with immediate funding needs face steep costs, while those able to defer borrowing are choosing to wait on the sidelines.

Komodo (KMD) experienced a sharp 44.77% decline within 60 minutes, dropping from $0.015557 to $0.008591 earlier today. The token's market cap stands at $1,208,463, with trading volume at approximately $0.5, indicating severely limited liquidity that likely exacerbated the price movement.

Liudao Industrial Control Co., Ltd., the world's largest thermal runner system supplier by revenue, submitted its Hong Kong Stock Exchange listing application on September 29, with China International Capital Corporation and CITIC Securities as joint sponsors. According to the IPO filing, the company holds approximately 12.5% global market share and 21.5% of the Asian market as of 2025, ranking first in both China and South Korea. The company provides precision temperature control technology for

According to blockchain monitoring service Whale Alert, an unknown wallet unstaked 956,610 SOL (approximately $116.2 million) today at 11:01 PM Beijing time.

According to the Danish central bank, no intervention in the foreign exchange market occurred during September.

According to Coinglass data, Binance saw net inflows of 39.75 million USDT in the past hour.

Over the last month, the S&P 500 has remained relatively resilient despite a sharp rise in Treasury yields, staying only about 2% away from its record high, according to Morgan Stanley U.S. equity strategist Andrew Pauker. Wall Street analysts expect S&P 500 company earnings to rise 29% for the completed third quarter compared to the prior year. "The big offset now is that earnings have been accelerating at a rapid pace," Pauker told Axios. "Equities can tolerate 5% yields if growth is strong,"

According to blockchain security firm SlowMist, an attacker exploited FlashLoopAdapter, a third-party module designed to manage leveraged positions on Aave v3 through Safe multisig wallets, and extracted approximately 114.09 Ether worth roughly $305,000 on October 2. Aave founder Stani Kulechov said the lending protocol's core v3 contracts were unaffected, stating on X that the exploit targeted an external adapter built on top of Aave. The vulnerability lay in the adapter's access controls rathe

According to Morgan Stanley analyst Joseph Moore, on October 2 the bank restored NVIDIA to its semiconductor top pick with a $300 price target, after management meetings suggested the market may underestimate the breadth of customer demand for AI infrastructure. Beyond major cloud providers and frontier AI model companies, other customer types are significantly expanding AI infrastructure investments, while Agentic AI development further increases compute requirements, benefiting NVIDIA's CPU an

According to U.Analyze, Nasdaq hit a record high on October 2 as U.S. September nonfarm payrolls came in at only 29,000 jobs, below market expectations of 90,000. At 10:14 a.m. ET, the Nasdaq gained 1.66%, S&P 500 rose 1.02%, and Dow Jones advanced 0.60%. Tech and semiconductor stocks led gains, with the Philadelphia Semiconductor Index up 3.1%, Nvidia up 2.5% to an intraday record, and Tesla up 4.1%. Weaker-than-expected employment data reduced Fed rate hike expectations, with the probability o

According to the U.S. Department of Justice (DoJ), Greg Lui, CEO of California-based Earthmade Computer Inc., was arrested on October 1 for smuggling over $300 million worth of export-controlled Nvidia AI servers to China. Federal prosecutors said Lui and co-conspirators routed the chips through Malaysia and Singapore using false paperwork between 2023 and 2024, misrepresenting the restricted hardware's final destination to circumvent U.S. export controls. He faces charges including conspiracy t

According to the New York Federal Reserve, SOFR fell to 3.87% on October 1 from 3.90% the previous day. The effective federal funds rate held steady at 3.88%.

According to reports, today October 2, Broadcom is raising $60 billion to fund Anthropic's semiconductor and computing needs, with Blackstone leading a $18 billion subordinated debt financing. This expands on Broadcom's previously disclosed $42 billion financing commitment, which was revealed in Anthropic's IPO filing to support $125.2 billion in compute rental obligations over five years.

According to UAnalyze, Nike announced a new round of layoffs on Friday, October 2, with its stock falling approximately 8% to a 12-year low. CEO Elliott Hill's restructuring efforts over nearly two years have failed to reverse the company's decline. Nike forecast revenue and profit declines steeper than market expectations for the fiscal year ending May 2028. The company's core challenges stem from its sportswear segment, China market, and Jordan brand—which collectively represent over half of N

According to Bloomberg and Dune data, stock token trading pairs with Memecoin on Robinhood Chain hit a daily trading volume of approximately $440 million in early September. The surge reflects growing use of tokenized stock assets as liquidity sources for on-chain speculation trading. RWA.xyz data shows popular stock tokens tracking the S&P 500 index, Nvidia, SpaceX, and Meta holdings reached a combined market value of roughly $69 million at their peak.

According to TD Securities, the firm has shifted its forecast for U.S. Federal Reserve rate hikes to December 2026 and March 2027, moving from its previous expectation of October 2026 and January 2027.

According to Trump's Truth Social post on October 2, U.S. President Donald Trump announced that a new U.S.-South Korea agreement includes $8.4 billion for an enhanced oil recovery project. Trump stated the investment aims to increase oil and gas production, strengthening American energy dominance and security globally.