Gate Crypto Flash News and Market Updates

According to London Baltic Exchange data from Wednesday, renting an ultra-large crude carrier (VLCC) to transport U.S. crude oil to Asia surged to a record $77 million, compared with an average of $9.2 million in 2025. The spike reflects increased transportation costs across the petroleum supply chain.

According to Russia's Federal State Statistics Service, the weekly consumer inflation rate reached 0.96% for the week ended October 5, up sharply from 0.12% in the prior week.

SAND price climbed 10.45% in just one hour, rising from $0.07352 to $0.0812, reflecting strong buying interest in The Sandbox. The asset also posted a 22.90% gain over the past 24 hours, with a daily high of $0.0812 and low of $0.0696. Trading volume reached approximately $27 million, indicating robust market engagement and trader activity surrounding the metaverse-focused project.

According to CoinMarketCap, today Raydium (RAY) climbed 11.92% among the top 100 cryptocurrencies by market cap. JUST (JST) rose 1.04%, while UNUS SED LEO (LEO) gained 0.09%.

According to IMF chief Kristalina Georgieva, on October 7 in Singapore, artificial intelligence is rapidly becoming a key driver of global economic fortune, but poses simultaneous risks alongside surging energy costs and record public debt. The IMF estimates that if developed properly, AI could increase annual global economic growth by up to 0.5 percentage points, equivalent to adding an economy the size of ASEAN. However, Georgieva warned that AI benefits are concentrated among developed nation

According to the U.S. Nuclear Regulatory Commission (NRC), McGuire Unit 1 reactor power increased to 99% from 81% on October 7. McGuire Unit 1 is a pressurized water reactor operated by Duke Energy in North Carolina.

On October 7, ICE UK natural gas futures gained 3.49% in late European trading, while TTF benchmark Dutch natural gas rose 2.72%. ICE EU Emissions Trading System allowance futures also increased 0.80% during the same period.

According to BlockBeats, Coinbase will list Pons (PONS) spot trading today, October 7. The PONS-USD trading pair will be available subject to liquidity conditions and regional support.

According to Bank of America research based on internal deposit data, U.S. nonfarm payrolls grew 1.4% year-over-year in September, slowing from August's 1.5% increase. After seasonal adjustment, after-tax wages for low-income households rose 4.5% year-over-year, down from 4.7% in August, though still outpacing gains for middle and high-income families.

According to France's Foreign Ministry spokesman, on October 6, France summoned Iran's ambassador in response to a disinformation campaign targeting student protest activities. The spokesman rejected claims that France's ambassador in Tehran was summoned on the same date, calling such provocative actions counterproductive.

According to Finance Minister Roland Lescure on Wednesday, France is considering increasing short-term government debt issuance as global bond markets face intensifying selloff pressure and government financing costs reach decades-high levels. The government will adopt a "strategic" approach to debt issuance, adjusting its debt maturity structure to mitigate the impact of surging long-term Treasury yields on fiscal sustainability.

According to Euronext, the exchange's cash market trading volume increased 17% month-over-month and 16% year-over-year in September 2026.

According to an SEC filing, Marvell disclosed an expanded agreement with Google that could generate up to $120 billion in cumulative sales through fiscal 2033 if performance targets are met. The deal covers custom products tied to Google's TPU ecosystem, including inference accelerators, networking controllers and near-memory compute. Marvell raised its custom silicon revenue forecast to $12 billion by fiscal 2029, up from a previous $10 billion target, and lifted fiscal 2028 revenue outlook to

According to Kaiko, the data provider has officially joined the Canton Foundation's Sub-Committee to advance the adoption of tokenized collateral, effective immediately. The initiative aims to transition pilot programs into widely accepted practices at Central Counterparties (CCPs). By establishing a reliable pricing data framework on-chain, Kaiko will help facilitate trust among counterparties and support the future growth of tokenized assets in formal financial systems.

According to ChainCatcher, Solana stablecoin holder addresses have surpassed 14.02 million, marking an all-time high and representing a significant increase from fewer than 4 million at the end of 2024. Stablecoin supply on the network has exceeded $15 billion. Solana Foundation launched Solana Delivery-versus-Payment (DvP), an open-source atomic settlement framework for synchronized token and cash settlement in a single transaction. The system uses segregated custody mechanisms to complete sett

According to ChainCatcher, monitored by Ember, HyperLabs—the development team behind decentralized perpetual futures exchange Hyperliquid—successfully completed the redemption of 3.75 million HYPE tokens (valued at approximately $332 million) just minutes ago. The tokens had been subject to an unstaking request seven days prior.

According to Jin10, the U.S. Dollar Index (DXY) rose 0.5% on October 7 as investors sought safe-haven assets following escalated Middle East tensions and increased Iranian attacks on vessels in the Strait of Hormuz. The dollar index approached its year-to-date high, moving in tandem with rising oil prices. Among G10 currencies, nearly all declined against the dollar, with the euro posting the weakest performance.

According to Coinbase, on October 1, the exchange completed its integration of derivatives platform Deribit, opening a regulated pathway for eligible US customers to access global crypto derivatives markets through Coinbase Financial Markets, its CFTC-regulated derivatives unit. Crypto derivatives account for roughly 80% of global crypto trading volume, but US traders historically lacked a regulated route to offshore options and perpetual futures markets. The May CFTC guidance permitted Coinbase

According to hypeflows data, Hyperliquid's open interest in perpetual contracts reached 11.9% of the global market on October 7, marking an all-time high across all major centralized exchanges including Binance, Bybit, and OKX.

According to WSJ, cloud services provider Lambda plans to raise up to $4 billion in its final pre-IPO funding round on October 7, valuing the company at $14.5 billion. The round is led by Coatue Management and Blackstone, and is expected to be Lambda's last private fundraising before its planned 2027 IPO. Lambda's order backlog has surged from $15 billion in June to $50 billion in September, demonstrating strong demand for its services.