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
10:27
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Israeli PM Netanyahu Threatens Iran's Regime Will 'Disappear' at Third Anniversary Commemoration on October 5

According to Jin10, on October 5, Israeli Prime Minister Benjamin Netanyahu delivered remarks at a ceremony commemorating the third anniversary of the October 7 conflict, reiterating hardline military positions toward Gaza and Lebanon while issuing direct threats to Iran. Netanyahu stated Hamas cannot return to rule Gaza and that Israel will continue operations against those involved in attacks and hostage-takings. He also vowed that Israeli military operations against Hezbollah in Lebanon will
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10:23
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Zcash NU7 Activates on Testnet With 25-Second Blocks; Mainnet Decision Due October 20

According to CoinDesk, Zcash NU7 activated on the public testnet at block 4,465,026 on Monday, October 5, one day ahead of the Zcash Foundation's expected timeline. The upgrade reduces target block spacing from 75 seconds to 25 seconds and routes 60% of each block's transaction fees into a reserve. Developers will review the testnet performance and make a mainnet activation decision on October 20, with November 5 remaining a target rather than a scheduled date. No mainnet activation height has b
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10:23
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Bity Exits Brazil; Bitybank Moves to Mercado Bitcoin by November 25, BityPreço to Bipa by November 27

According to FinanceFeeds, Bity is ending its crypto services in Brazil with separate migration routes and deadlines for its two product lines. Bitybank customers have until November 25 to withdraw, sell or migrate holdings to Mercado Bitcoin; BityPreço users must act by November 27 to transfer to Bipa. Assets not migrated by the deadline will be automatically converted to reais, with a final cash withdrawal deadline of April 2, 2027 for BityPreço users. Bity reports approximately 850,000 users
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10:23
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BNB Surpasses $800 on October 5 Amid Broader Crypto Market Recovery

BNB surpassed the $800 mark on October 5 during intraday trading, extending a broader recovery across major cryptocurrencies. Bitcoin simultaneously approached the $87,000 region as renewed risk appetite returned to digital assets. The $800 level carries technical significance for BNB as a key resistance turned support threshold. BNB's market capitalization strengthened further above the $100 billion mark, reinforcing its position among the world's largest crypto assets.
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BTC0.86%
10:23
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Philippines Fuel Prices Rise on October 6; Gasoline Up P1.93, Diesel Down P1.30

According to the Department of Energy, gasoline and kerosene prices will increase starting October 6, while diesel prices will see a slight rollback for the week of October 6-12. Gasoline prices will rise by P1.93 per liter, kerosene by P3.30 per liter, and diesel will decline by P1.30 per liter. The mixed adjustment follows China's suspension of refined fuel exports, which threatens to tighten Asian fuel supply further in coming weeks.
10:20
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Korea Investment & Securities Leads Q3 M&A Finance with 1.3 Trillion Won; KB Kookmin Bank Climbs to #2

According to Seoul Economic Daily, Korea Investment & Securities led the third-quarter merger and acquisition financing market in South Korea, arranging 1.3 trillion won across five deals. The firm underwrite Carlyle Group's approximately 1 trillion won acquisition of Chungho Nice, providing 315.2 billion won of the financing. KB Kookmin Bank surged to second place with 1.1 trillion won in arrangements, jumping from ninth place in the first half. The bank participated in major refinancing deals,
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10:20
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South Korean Banks Took 15-68 Hours to Detect AI-Powered Cyberattacks in Late September

According to parliamentary reports dated October 5, South Korea's Shinhan, KB Kookmin, and Hana banks took 15 to 68 hours to detect AI-driven cyberattacks that began on September 28-30. Shinhan Bank detected the attack 15 hours after it started on September 28 at 6:04 PM, discovering it on September 29 at 9:30 AM. KB Kookmin Bank's attack lasted approximately 43 hours but went undetected for 68 hours total, with the bank acknowledging the breach on September 30 at 7:00 PM. Hana Bank detected its
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10:17
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a16z Report: 86% of Venture Capital Flows to AI, Semiconductors, and Infrastructure in 2026

According to a16z's latest "State of Markets II" report, 86% of venture capital funding in 2026 has flowed toward artificial intelligence, semiconductors, and power infrastructure, marking a dramatic shift from the prior cycle's focus on software. The report notes that technology now drives global corporate profit growth, with AI infrastructure expansion driving capex to unprecedented levels and reshaping capital markets. Market investment priorities are shifting from software toward hardware an
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10:15
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Saudi-Led Coalition Launches 'Yemen Dawn' Operation with 100 Fighter Jets, Destroys 324 Targets on October 5

According to Saudi-led coalition spokesman Turki al-Maliki, 100 fighter jets participated in the 'Yemen Dawn' military operation on the morning of October 5, destroying 324 high-value targets. The coalition is providing air cover for the Bab el-Mandeb Strait and conducting ongoing strikes on mobile targets, with round-the-clock air support for Yemen's government forces. Yemen's Presidential Leadership Council Chairman Rashad al-Alimi announced the operation aimed at restoring state institutions,
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10:15
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South Korean Retail Investors' U.S. Stock Net Purchases Fall 78% From July to $1.01B in September

According to Korea Exchange and Clearing Corporation, South Korean retail investors' net purchases of U.S. stocks fell to $1.01 billion in September, down 78% from July and 49% from August. Meanwhile, net bond purchases reached $1.36 billion, exceeding stock purchases by $361 million. The shift reflects rising U.S. Treasury yields above 5%, which reduced the relative appeal of stocks compared to bonds.
10:14
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Cerebras Stock Climbs 6% After Sam Altman Calls Chipmaker a 'Close Partner'

According to CNBC, Cerebras Systems (CBRS) stock climbed 6.3% to $177 per share in premarket trading on Monday, rebounding from last week's 20% decline. OpenAI CEO Sam Altman said on Friday that Cerebras is a "close partner" with "deep engagement pushing on the frontiers of speed," reassuring investors following news that OpenAI would use Nvidia GPUs instead of Cerebras chips for its GPT-6.1 Sol Ultrafast mode.
10:12
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Ripple Launches XRP Credit Pilots on October 3, Targets 2027 Activation

According to Ripple President Monica Long at XRP Seoul on Oct. 3, Ripple is running credit-related pilots with the goal of activating them in 2027, using XRP deposited into lending-protocol liquidity pools as collateral to fund customers' payment obligations. This marks a shift from XRP's traditional role as a bridge asset, potentially increasing demand for XRP as collateral.
XRP0.81%
10:03
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Bitcoin's Average Kimchi Premium on Korea's Four Major Exchanges Stands at 0.06% on Oct 5

According to data from Korea's four major exchanges (Upbit, Bithumb, Coinone, DigitalEx) as of October 5, 6:30 PM KST, Bitcoin's average kimchi premium against Binance stood at 0.06%. Ethereum showed a 0.05% premium, while XRP and USDT posted 0.04% and 0.01% premiums respectively. The data was sourced from five domestic exchanges and Binance, with the won-dollar exchange rate as of October 2 based on the Bank of Korea's Economic Statistics System.
BTC0.86%
ETH0.58%
XRP0.81%
09:59
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Trump Announces Super Intelligence Task Force, Claims 2024 Election Victories Over Past 24 Hours

According to Jin10, over the past 24 hours on October 5, President Trump announced the establishment of a Super Intelligence Force (SIF) tasked with coordinating federal government efforts to ensure the U.S. maintains global leadership in artificial intelligence. Trump also stated that he won all seven swing states, the popular vote, 86% of counties, and 99% of primary elections, claiming polls underestimate support for his political movement.
09:54
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Bitcoin Needs to Hold Above $87,200 to Confirm Next Uptrend, Says QCP Capital

According to QCP Capital on October 5, Bitcoin needs to hold above $87,200 to confirm the next uptrend, while Ethereum is trading within a $2,650–$2,800 range near $2,725 with a cautiously bullish outlook. The analysis comes as macro sentiment has shifted significantly over the past three weeks, with Fed rate hike expectations declining after September's disappointing jobs report showed only 29,000 new positions added versus the forecast 84,000, pushing October rate hike probability to 22%. The
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BTC0.86%
ETH0.58%