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
13:22
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AMD Reserves 320M Shares at One Cent for OpenAI and Meta Under Performance Warrants

According to FinanceFeeds, AMD issued warrants to OpenAI and Meta for 160 million shares each, exercisable at one cent per share. Full exercise of both warrants would increase AMD's share count by 19.6%, based on its latest reported 1.632 billion outstanding shares. The warrant tranches vest based on customer purchasing and deployment milestones. OpenAI's warrant ties to a multi-generation agreement covering up to six gigawatts of Instinct graphics processors, while Meta's relates to a binding p
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13:22
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Gold Falls to $4,172, Down 25% from January High, as Fed Hike Odds Collapse to 21.6%

According to TradingView and OANDA, gold traded at $4,172.87 per ounce on Tuesday, October 6, up 0.78% on the day but sitting 25.3% below the all-time high of $5,589.38 reached on January 28, 2026. The decline reflects a dramatic shift in Federal Reserve rate expectations: CME FedWatch data shows October hike odds fell to 21.6% as of October 6, down sharply from 50.9% one week earlier on September 29. Weak September payrolls—29,000 jobs versus 90,000 expected—triggered the reversal. Despite lowe
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13:19
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Zscaler Reaffirms FY2027 Guidance at $3.91B–$3.94B, CEO Says AI Security Demand Outpaces Disruption Fears

According to Chaudhry during Tuesday's Investor Day, Zscaler reaffirmed its fiscal 2027 revenue guidance of $3.91 billion to $3.94 billion, representing growth of 16.6 to 17.5 percent compared with 25 percent in fiscal 2026. For Q1, the company expects revenue of $935 million to $939 million with approximately 19 percent year-over-year growth. CEO Jay Chaudhry told CNBC that talk of a "SaaSpocalypse"—the notion that AI could replace cybersecurity companies like Zscaler—is overblown. Chaudhry sta
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13:17
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ECB Plans Digital Euro Launch in 2029, Eyes Stronger European Bank Competition

According to ECB Executive Board Member Colpaert on October 6, the digital euro will help strengthen European banks' competitiveness and is planned for an official launch in 2029. Colpaert stated the project aims to provide an innovation platform and ensure European payment providers can seize emerging opportunities and build competitive advantages. The ECB will begin a pilot phase next year. The initiative seeks to preserve European monetary sovereignty amid reliance on U.S. payment providers l
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13:17
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Cuomo Warns Midterms May Undermine Crypto Regulations, Urges Bipartisan Legislation

According to Cointelegraph, former New York Governor Andrew Cuomo, board member of OKX, warned that current U.S. crypto regulations face political risks ahead of the midterm elections. In a signed opinion piece, Cuomo urged Congress to establish long-term stable bipartisan digital asset legislation to protect the regulatory framework from election-driven changes.
13:17
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SEC Proposes New Crypto Custody Rules Allowing Advisors to Self-Custody Bitcoin Under Strict Conditions

According to BitcoinNews, the U.S. Securities and Exchange Commission recently proposed new digital asset custody rules that would allow investment advisors and regulated funds to self-custody Bitcoin and other crypto assets under specific conditions when qualified custodians are unavailable. Under the proposal, advisors must meet strict requirements including written proof of custodian unavailability, quarterly reassessment, implementation of multi-signature authorization for transfers, segrega
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BTC0.37%
13:17
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Robinhood Chain Meme Coin Trading Volume Plummets 96% in Early September

According to CryptoQuant data, Robinhood Chain Meme coin and tokenized stock trading volume crashed 96% from a peak of $443 million reached in early September. The chain saw an average of approximately 26,000 new tokens issued daily in September, with a single-day issuance of nearly 45,000 tokens on September 8, but most tokens traded minimally after launch and are now nearly worthless. Circle's Arc blockchain, launched in mid-September, experienced similar activity, with its Meme coin issuance
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MEME0.38%
13:14
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Paxos' USDG Stablecoin Launches on Arbitrum With 100M ARB Incentives

According to Cointelegraph, Paxos' Global Dollar stablecoin (USDG) launched on Arbitrum today (Oct 6), integrating with major DeFi protocols including Fluid, Morpho, GMX, and Maple. Kraken will support deposits and withdrawals, while Stargate will enable transfers between Arbitrum and other blockchains. A proposal submitted to ArbitrumDAO seeks to allocate 100 million ARB tokens to incentivize USDG adoption and liquidity provision, with Arbitrum's treasury supporting USDG liquidity as a Global D
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ARB-2.55%
FLUID-6.72%
MORPHO1.60%
GMX3.56%
SYRUP-1.81%
13:14
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Anduril Lands $2.9B U.S. Navy Submarine Contract This Week, Days After CEO Luckey Joins Pentagon Task Force

According to CNBC, Anduril won a $2.9 billion contract with the U.S. Navy on Tuesday, October 6, to boost submarine production. The deal comes days after CEO Palmer Luckey was named to Project Meridian, a Pentagon future weapons initiative. The project includes a $3.7 billion private investment from Anduril to scale a new shipyard in Baltimore County, Maryland, called Arsenal-2, scheduled to begin operations in 2030. The facility will build components for Virginia-class submarines, with some man
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13:13
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ZachXBT Infiltrates Chinese Crime Network, Uncovers Over $1B Lazarus Laundering Operation

According to ZachXBT, the blockchain investigator infiltrated a Chinese organized crime network on Oct. 5 that handled more than $1 billion in cryptocurrency linked to North Korean hacking group Lazarus, spending $349,700 of his own USDC to pose as a customer and gather intelligence on stolen fund movements. The investigation centered on laundering activity tied to the February 2025 Bybit hack, in which approximately $1.5 billion in crypto was stolen. ZachXBT said the operation identified more t
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13:09
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Mistral AI Launches le Chonk, 1 Trillion Parameter AI Model, Today

According to Bloomberg, French AI startup Mistral AI launched Mistral Large 4, known as le Chonk, a new foundational model with 1 trillion parameters today. The company claims the model outperforms most other open-weight AI systems, with particular strength in cybersecurity, programming, and manufacturing applications. A public preview is now available.
13:08
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Fortitude Signs $100M Equipment Deal with BITMAIN for Next-Gen Zcash Mining Hardware

Fortitude Mining Holdings signed a letter of intent with BITMAIN Technologies on Tuesday for priority access to the manufacturer's next-generation Zcash (ZEC) mining equipment, with an equipment commitment valued at up to $100 million, according to a company statement. The deal requires a refundable deposit of $20 million (20% of the commitment), which Fortitude plans to draw this week with funding from parent company Digital Currency Group. Fortitude also increased its credit facility with DCG
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13:07
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Morgan Stanley Sets SpaceX Target at $300, Up 75% From $171 Close on October 5

According to Morgan Stanley, SpaceX stock closed at $171.13 on October 5, up 7.66%, as the investment bank set a target price of $300—implying a 75% upside from current levels. The bank cited Starship's reusable technology, AI data center expansion, and defense contracts as key growth drivers. Morgan Stanley identified Starship's 15th test flight—scheduled to attempt 'ship catch,' a direct mechanical capture of the booster—as a potential "major positive catalyst since IPO." The successful catch
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13:07
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Polymarket Rolls Out Protocol V2 on Monday with pUSD Collateral, Targets Nov. 2 for Full Migration

According to Rajath Alex, Polymarket's head of protocol, the prediction market platform rolled out Protocol V2 on Monday (Oct. 5), introducing a new smart contract system designed to support different market types through a single exchange. The system uses Polymarket USD (pUSD), a stablecoin backed 1:1 by Circle's USDC, as its sole collateral token. The platform is testing Protocol V2 on live markets through Oct. 30, with a target of Nov. 2 for switching new markets to the upgraded system. Proto
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UMA0.96%
LINK-0.33%
13:07
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U.S. Treasury Yields Hit 24-Year Highs This Week; Pimco Sees Attractive Valuations

According to Jin10 data, U.S. Treasury yields hit 24-year highs this week, with both 10-year and 30-year yields reaching new peaks, driven by market concerns over inflation and elevated fiscal deficits. Rupert Harrison, senior advisor and portfolio manager at Pimco, stated that after the recent sharp rally, Treasury valuations have become "almost unambiguously attractive." Harrison noted that Pimco currently maintains duration exposure and believes bonds retain investment merit if technology sto
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13:05
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OpenAI Raises $30B at $1.4T Valuation While Anthropic Secures $60B AI Debt Financing

According to BlockBeats, on October 6 (Tuesday), OpenAI is negotiating a $30 billion fundraising with UAE funds and BlackRock, targeting a pre-money valuation of approximately $1.4 trillion. Simultaneously, Wall Street banking consortium launched a record $60 billion AI debt financing to fund Anthropic's chip leasing operations. AMD CEO stated that memory chip supply remains tight, with supply volumes expected to increase significantly in 2027. Bitcoin spot ETFs saw net outflows of $89.8 million
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BTC0.37%
ETH0.17%