Gate Crypto Flash News and Market Updates

CoinShares has appointed Matt Morris as Chief Financial Officer, selecting an executive who helped prepare the digital asset manager for its Nasdaq listing and conversion to US public-company reporting. Morris, who worked with the group since 2025 as a managing director at Centri Business Consulting, brings over 14 years of experience in public-company accounting, transactions and internal controls. Richard Nash is moving into the CEO Office after serving as finance chief since 2019, preserving

According to JP Morgan Trading Desk, on October 5 traders shifted to a tactically bullish stance, citing improving macroeconomic fundamentals, stable bond yields, and favorable technical indicators. The 10-year U.S. Treasury yield, which surged above 5.3% last week to its highest level since 2002, has retreated following weaker-than-expected inflation and employment data. The S&P 500 declined modestly for the week but posted gains on two consecutive days earlier this week.

According to The Block, on October 5, Visa and CoinShares surveys revealed growing crypto asset interest among consumers and wealthy investors. In Asia-Pacific, 46% of surveyed consumers may use stablecoins within five years, compared to 16% who used them in the past 12 months. Among wealthy investors across seven markets, 70% in the U.S., UK, and Germany, and 54% in Sweden already hold digital assets, typically allocating around 10% of their portfolios. Of digital asset investors, 80% hold Bitc

The Nasdaq-100 reached an all-time high during today's session, briefly approaching the 27,400 level.

According to Gate's market data, SpaceX (SPCX.O) stock reached its highest level since early July, gaining 5.1% today.

According to Sui Network, Sui Dollar ($USDsui) has been listed on Kraken and Bullish, marking a significant expansion for the stablecoin. The listings provide users with greater access to $USDsui, which operates on the Sui blockchain known for zero network fees on transfers. Sui's network has facilitated over $1 trillion in stablecoin transactions to date.

According to Culpium and Musk on X, the entrepreneur is discussing participation in Terafab, a large-scale chip manufacturing project in Texas backed by Tesla and SpaceX, with Taiwan Semiconductor Manufacturing Company (TSMC). The news sparked market concerns about potential competition for Intel. Intel shares fell over 4% in premarket trading on Monday (October 5) and continued to decline over 2% intraday to $116.66 per share, while TSMC stock in Taiwan rose approximately 3%, with American Depo

According to the UK Maritime Trade Operations, a liquefied petroleum gas (LPG) carrier transiting the Strait of Hormuz was struck by an unidentified projectile, according to a delayed incident report submitted by verified sources. The vessel was en route through the critical shipping lane at the time of the incident.

According to Lianyang Smart Holding (01561) announcement, the company signed a supplementary memorandum of understanding with Power Circles and investors on October 5, 2026, revising the terms of the proposed group restructuring. The subscription agreement includes a subscription price of HKD 0.37736 per share for 212 million consolidated shares, representing a 37.11% discount to the theoretical closing price of HKD 0.60 on the last trading day. Upon completion of the share issuance, the investo

According to The Defiant, Xverse, a Bitcoin wallet, completed a strategic funding round led by Tim Draper's Draper Associates. Trust Machines and Draper Dragon also participated in the round. The specific terms and valuation of the funding were not disclosed.

According to Bloomberg, Iraq is seeking to increase its tanker fleet to strengthen control over oil shipments transiting the Strait of Hormuz.

According to Chainalysis' East Asia Crypto Adoption Report released on October 5, South Korea's crypto economy reached $449.1 billion in the 12-month period ending June 2026, up 12.3% from the prior period and ranking first in East Asia. Japan, Hong Kong, mainland China, and Taiwan followed with $228.3 billion, $192.2 billion, $176.3 billion, and $140.4 billion respectively. AI-related crypto assets have become the largest thematic sector in Korean won trading, surpassing payment tokens like XRP

According to Apex Group's announcement, the three companies are developing a Unified Trust Stack that connects verified real-world assets with regulated structuring, administration and digital distribution, with Saudi Arabia as the first market. droppRWA provides asset verification and blockchain infrastructure, Apex supplies fund structuring and administration, while Tokeny adds digital securities and compliance automation. The partnership also plans to explore tokenised cash and atomic deliver

According to Yonhapinfomax on October 5, ECB Chief Economist Philip Lane assessed that higher interest rates may curb demand and limit inflation's pass-through to prices and wages, noting that the recent sharp rise in long-term yields is expected to slow growth and reduce the transition effect more than previously anticipated in September forecasts. The ECB raised its policy rate from 2.00% to 2.50% in June and September. Meanwhile, Bundesbank President Joachim Nagel stated at a global precious

According to BMO Capital Markets, analyst Daniel DiCicco initiated coverage of Vertiv on Sunday with an outperform rating and $329 price target, implying approximately 30% upside from Friday's close. Vertiv provides digital infrastructure and hardware for data centers, which account for about 85% of its revenue. DiCicco cited strong industry tailwinds: data center land purchases in the U.S. reached $6 billion in the first half of 2026, a 79% increase year-over-year, according to Avison Young. Ve

According to Bank of America's latest report this week, the artificial intelligence growth narrative has become the markets' final buffer against concentrated macroeconomic risks. The bank warned that if AI sentiment loses support, a reassessment of economic growth prospects could trigger a sharp repricing across financial markets, extending stress beyond bonds into equities. US Treasury yields surged to decade-high levels, with 5-year debt yields reaching 5.033% for the first time since 2007. T

According to Chainlink's official X account, Sergey Nazarov participated in the Sibos 2026 conference recently, discussing the rapid adoption of tokenized assets alongside BNP Paribas and Deutsche Bank. The engagement highlights Chainlink's growing role in digital finance and institutional interest in blockchain-based solutions for financial services.

According to U.S. Secretary of Agriculture, diesel prices have declined approximately 15 cents per gallon over the past few days. The U.S. President is taking action to provide immediate relief to farmers and ranchers, including releasing 100 million barrels of crude oil while prioritizing diesel supply.

According to BIT data, SpaceX (SPCX) stock broke through $165.38 on October 5, up 4.17% intraday, marking its highest price since August 3.

The U.S. Strategic Petroleum Reserve crude oil inventory declined by approximately 767,000 barrels last week, falling to 283 million barrels, marking the lowest level since 1982.