Gate Crypto Flash News and Market Updates

According to ChainCatcher, analyst Darkfost reported recently that Bitcoin spot demand has significantly improved, with net spot demand at negative 17,000 BTC compared to negative 207,000 BTC on September 20. Overall Bitcoin demand has returned to positive territory, exceeding 14,000 BTC, while futures demand remains stable at approximately 32,000 BTC on average.

According to Jin10 data, Ukraine's capital Kyiv implemented emergency blackout measures on October 8 (Thursday), per energy supplier DTEK. The company stated in a notice that the measure was implemented following directives from Ukrenergo, Ukraine's state grid operator. Russia has been conducting airstrikes targeting Ukrainian power infrastructure.

According to CCTV Finance, Shenzhen's Shuibei jewelry market experienced a surge in gold purchases during China's National Day holiday as falling gold prices and festival promotions attracted buyers from across the country. Tour guides at the market reported bringing 30-40 customer groups daily to purchase gold. Gold merchants noted that inventory of bracelets and high-quality gold pieces sold out within the first two days of the holiday, prompting emergency restocking from other locations despi

According to Guru Club, Brent crude oil broke above $102 per barrel today (October 8), rising 2.22% intraday on concerns over shipping disruptions in the Middle East and U.S. hurricane-induced oil production cuts. WTI crude gained 1.9% intraday.

According to Samsung's preliminary guidance on October 8, 2026, Samsung Electronics (KRX: 005930) guided third-quarter operating profit to about 107.4 trillion won on sales of roughly 195 trillion won, marking the first quarter in the company's history above 100 trillion won of operating profit. The figure came in about 1.2 percent above LSEG SmartEstimate's 106.1 trillion won consensus. Operating profit rose 782.5 percent year on year and about 20 percent quarter on quarter, while sales climbed

According to Jin10, UK 30-year government bond yields rose to 6.036% on Wednesday (October 8), marking the highest level since 1998, per AJ Bell analyst Danni Hewson. The elevated yields reflect rising inflation concerns and elevated government debt levels, prompting investors to demand a risk premium on sovereign debt holdings ahead of the October 28 budget announcement.

According to Joachim Klement, chief market strategist at Panmure Liberum, an investment bank in London, the AI investment boom could unravel as early as 2027, potentially triggering the worst market crash since the 2008 financial crisis. Klement set a year-end 2027 target for the S&P 500 at 5000 points, representing a 36% decline from current levels. He noted that hyperscale cloud service providers' free cash flows are nearly depleted, while debt costs are rising rapidly to unsustainable levels.

According to Tradeweb data, French 10-year bond yields rose 5.8 basis points to 4.910% on October 8, pressured by budget concerns. German 10-year bond yields climbed 1.9 basis points to 3.506%, reflecting broader euro zone debt market weakness alongside rising U.S. Treasury yields.

SC crude oil futures surged 10% intraday on October 8, reaching 765.90 yuan per barrel.

According to the Japanese Ministry of Finance, the 30-year government bond auction held on October 8 achieved a bid-cover ratio of 3.88 times, exceeding the 12-month average of 3.56 times and the direct auction ratio of 3.79 times. The strong demand reflected improved market expectations for long-dated debt. Meanwhile, the 30-year bond yield fell approximately 4 basis points to 4.18%, while the 10-year bond yield declined 3 basis points to 3.08%.

According to Yonhapnews, on October 8, South Korea's Financial Services Commission held parliamentary hearings where lawmakers scrutinized the approval process for single-stock leveraged exchange-traded funds (ETFs) that resulted in significant investor losses. Financial Services Commission Chair Lee Euk-won maintained the procedure was lawful, but faced repeated questioning over whether the Cheong Wa Dae exerted pressure and accelerated the launch timeline from second half to second quarter. Pa

According to Butterfly Effect, Manus' parent company, the AI agent startup raised more than $500 million on Thursday in its first funding round since Meta was forced to abandon its acquisition. The round was led by private equity firm Boyu Capital and venture investor IDG Capital, with follow-on investment from existing shareholders including Tencent, HSG and ZhenFund. Bloomberg reported last month that Manus was set to double its valuation to $4 billion in this financing round, making it China'

According to the Sui Foundation, Sui's programmable offchain tunnels achieved a peak of 40,614,180 transactions per second on October 7 at Sui Basecamp in Singapore, surpassing the 20 million TPS target set for the event. More than 10,000 tunnels opened on Sui mainnet within seconds, running chat, games and payments offchain before settling back to the chain. CertiK is serving as independent auditor and will publish a verification report in the coming days.

According to Forbes, the UK's Her Majesty's Revenue and Customs (HMRC) has proposed extending notification powers to crypto asset service providers, broadening its authority to obtain tax-related information. The expansion would cover entities that do not directly custody customer funds, including tax software, wallet software, block explorers, data vendors, and hardware wallet manufacturers. The proposal would also eliminate the statutory requirement for HMRC to submit annual reports to Parliam

According to Coinbase's recent announcement, the platform has introduced a voting feature within its app to encourage user participation in upcoming events through the Champions tab. The feature allows users to predict outcomes and enter to win prizes, including access to the Ultimate Coinbase Fan Experience in Las Vegas.

According to Foresight News, Streamis, the account management platform for Based crypto cards, suffered unauthorized access between October 3 and 5, resulting in the leak of user personal data. Accessed information includes full names, birthdates, phone numbers, nationalities, residential addresses, passport numbers, registered emails, Based wallet addresses, and customer IDs. The platform confirmed no funds were transferred from customer cards or accounts, and cards remain functional.

According to Bitget market data, WTI crude oil hit $90 per barrel on October 8, up 1.89% intraday.

According to Jin10, on October 8, mega oil tankers are surging toward the Middle East to capitalize on soaring shipping costs through the Strait of Hormuz, exacerbating global vessel shortages. Data from shipping analytics provider Signal Ocean shows over 40% of the approximately 850 very large crude carriers (VLCC) globally are now either in the Persian Gulf or within days of sailing distance from it. VLCC rates reached a historic high of nearly $1.4 million per day on Wednesday, surging over 5

Pegatron reported September sales of NT$214.75 billion (approximately $6.7 billion USD), representing an 86.9% increase compared to the same period last year. The strong growth reflects robust demand for electronics manufacturing services.

According to Bitget data, South Korea's KOSPI index fell 2.35% on October 8, closing at 6,644.27 points, down 159.63 points. SK Hynix declined 2.4% during the session.