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
17:07
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Bitcoin Surges 43% in Q3, Best Performance Since 2017

According to ChainCatcher, Bitcoin posted its best third-quarter performance since 2017, rising 43% during the period. The gains were capped by soaring U.S. Treasury yields and weak September employment data, which significantly cooled expectations for Federal Reserve rate hikes in October.
BTC-0.08%
17:07
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Citigroup Recommends Adding Brazilian Assets After Bolsonaro Outperforms in First Round Vote

According to Citigroup's latest report, Flavio Bolsonaro outperformed market expectations in Brazil's presidential election first round vote, prompting the bank to recommend increasing exposure to Brazilian equities and local currency debt. "Bolsonaro is the more market-friendly candidate, promising fiscal consolidation, privatization, deregulation, and value-added tax cuts," Citigroup strategists wrote. The bank cited prediction market pricing showing a high probability of Bolsonaro winning the
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17:07
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Tesla Delivers 486,532 Vehicles in Q3, Beating UBS Estimates by 5%

According to investing.com, Tesla delivered 486,532 vehicles in Q3, about 5% above UBS' consensus estimates, with Model 3 and Model Y accounting for 478,237 units. The automaker also produced 464,391 vehicles during the quarter, with deliveries up 1.3% from Q2 and production rising nearly 3%. However, Tesla deployed 13.7 GWh of energy-storage products, coming in below expectations despite rising from 13.5 GWh in Q2. UBS maintained a 'Neutral' rating on Tesla with a $385 price target, citing the
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17:03
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Iran's President Says Each Negotiation with U.S. Followed by War, October 6

According to Al Jazeera on October 6, Iran's President Masoud Pezeshkian stated that the core issue between Iran and the United States is that "every time we sit at the negotiation table, we face war." Pezeshkian said Iran has repeatedly demonstrated its commitment to transparent nuclear activities and accepted extensive International Atomic Energy Agency (IAEA) oversight. However, whenever IAEA inspectors visit Iranian nuclear facilities, information about the sites and scientists is subsequent
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17:02
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U.S. Strategic Petroleum Reserve Hits Lowest Level Since 1982 at 283.8M Barrels

According to the U.S. Department of Energy, American strategic petroleum reserve (SPR) inventories fell to 283.767 million barrels as of September 25, marking the lowest level since 1982. The inventory declined by 7.85 million barrels from the previous week's 284.552 million barrels. The drawdown is part of a broader International Energy Agency (IEA) agreement in which member nations collectively release 400 million barrels to stabilize global oil prices; the U.S. committed to releasing 172 mill
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17:01
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Nvidia Is 'Tip of the Spear' for AI Trade, Says Portfolio Manager Dan Niles on Monday

According to Dan Niles, founder and portfolio manager at Niles Investment Management, Nvidia remains his favored pick in technology stocks on Monday, calling it the "tip of the spear" for the artificial intelligence trade. He cited the chipmaker's strong growth prospects, reasonable valuation at 16x multiple on 70% revenue growth, and efficiency advantage in data-center power consumption. Niles added he is growing more selective across tech stocks amid rising bond yields, though he remains bulli
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17:01
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France's Charles de Gaulle Aircraft Carrier Catches Fire During Maintenance in Toulon on October 5

According to French maritime authorities, the Charles de Gaulle aircraft carrier caught fire on October 5 while undergoing routine maintenance at the Port of Toulon. The fire, which originated in an engine room, was quickly extinguished by ship personnel and local firefighters. No personnel injuries were reported, and the carrier's nuclear propulsion system remained unaffected. French authorities are investigating the cause, which may be related to cutting operations aboard the vessel.
16:55
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Microsoft Upgraded to Buy by Melius with $665 Target; Wells Fargo Raises Price Target to $725

According to Melius Research, Microsoft (MSFT) received a bullish upgrade on Monday, October 5, with analyst Ben Reitzes raising the stock to 'Buy' from 'Hold' and setting a $665 price target. Melius believes Microsoft and cybersecurity providers could benefit from growing concerns around AI risks, as enterprises increasingly spend on secure wrappers and AI agents. Separately, Wells Fargo analyst Michael Turrin raised Microsoft's price target to $725 from $700 while maintaining an 'Overweight' r
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16:55
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British Airways Boeing 777 Descends 8,230 Meters in 7 Minutes Over Atlantic on October 5

According to flight tracking data, on October 5, a British Airways Boeing 777 aircraft declared an emergency while en route from London to Chicago. Approximately 30 minutes after takeoff, the aircraft's altitude dropped from 36,000 feet (10,972.8 meters) to 9,000 feet (2,743.2 meters) in roughly 7 minutes, a descent of approximately 8,230 meters. The aircraft turned back over Irish airspace and circled above the Bristol Channel off the west coast of England for about 4 hours before landing safel
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16:53
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Umia Raises $6.11M in UMIA Token Auction on Base, Sets FDV at $18M

According to The Block, Umia completed a seven-day token auction on Base during August 26-September 2, raising $6.11 million with an implied fully diluted valuation of $18 million. The platform sold 17.3 million UMIA tokens, representing 34.6% of total supply, at an auction price of $0.36 per token. All tokens unlocked at issuance with no vesting. Approximately 45% of proceeds came from institutional investors, with participation from Galaxy Ventures, Digital Currency Group, Draper Associates, R
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UNI-1.22%
16:52
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China P2P Stablecoin Wallets Surge 43-Fold to $104.1B in 12 Months

According to Chainalysis, China's peer-to-peer stablecoin wallets surged 43-fold from Q1 2024 to Q2 2026, with $104.1 billion transferred across 18.1 million transactions during the 12 months through June 2026. Self-custodied stablecoin holdings turned over 33.2 times annually, more than three times the global average of 9.3 times, indicating active transactional use amid the country's ongoing restrictions on cryptocurrency trading.
16:49
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HackerRank Launches Chakra AI Interviewer After 500,000+ Beta Tests

According to TechCrunch, HackerRank made its AI interviewer Chakra generally available to customers on Monday, October 6, following six months in beta. The AI agent conducts interviews, evaluates candidates' problem-solving approaches, and assesses factors such as critical thinking and "AI fluency"—how candidates frame problems for AI and steer solutions. During testing, Chakra conducted over 500,000 interviews with companies including Snowflake, Snorkel, and Capgemini. HackerRank reports that s
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16:41
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Andrew Cuomo to Speak at OKX CEO Panel on October 6

According to OKX, former New York Governor Andrew Cuomo will speak at the exchange's CEO panel on October 6th to discuss the future of finance and compliance in the cryptocurrency sector. The event underscores OKX's focus on responsible growth and regulatory alignment.
16:41
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Citi Targets S&P 500 at 8,100 in 2027, Sees Room for Further Equity Gains

According to Citi strategists, the S&P 500 and Dow Jones Industrial Average could continue rallying in 2027 on the back of strong earnings growth. Citi's U.S. equity team raised its S&P 500 target to 8,100 and projects earnings of $400 per share in 2027, up from $350 in 2026. The bank noted global equities have gained about 12% so far in 2026 and remain near record highs, with the MSCI All-Country World Index on track for a fourth consecutive year of double-digit gains. Citi expects artificial i
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16:41
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South Korea's On-Chain Activity Reaches $449.1B in 12 Months, Up 12.30%, Leads East Asia

According to Chainalysis, South Korea's on-chain cryptocurrency activity totaled $449.1 billion for the 12-month period from July 2025 to June 2026, growing 12.30% year-over-year and ranking first in East Asia. Japan, Hong Kong, and mainland China recorded approximately $228.3 billion, $192.2 billion, and $176.3 billion respectively, with the region's combined activity reaching approximately $1.19 trillion.
16:35
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Trump Says Refinery Capacity, Not Strait of Hormuz, Driving Oil Prices Higher

According to President Trump, oil price increases are no longer primarily driven by the Strait of Hormuz, as record volumes of oil now flow daily. Instead, refinery capacity has become the key factor, Trump stated today. Russian refineries are being destroyed by Ukraine, while some U.S. states, including California, are closing refineries due to policy decisions, he said.
16:34
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Global Liquidations Hit $239M in 24 Hours; 63,942 Traders Liquidated

According to Coinglass data cited by ChainCatcher, global cryptocurrency liquidations totaled $239 million in the past 24 hours, comprising $115 million in long liquidations and $124 million in short liquidations. Over the same period, 63,942 traders were liquidated across all exchanges, with the largest single liquidation occurring on Binance (BTCUSDT pair) worth $11.85 million.