Gate Crypto Flash News and Market Updates

According to Jin10, on October 6, domestic Chinese gold jewelry prices remained largely unchanged compared to the previous day, with most brands' fine gold (999 fineness) trading in the range of 1,247 to 1,251 yuan per gram.

On Oct 5, Cerebras Systems' stock surged 9% following remarks by OpenAI CEO Sam Altman. On Oct 2, Altman stated on X that Cerebras is a close partner with OpenAI, working together to enhance AI inference speed. The stock had previously declined 19.5% over five trading days amid reports that OpenAI might use Nvidia's GPUs instead of Cerebras chips for its GPT-6.1 Sol model's inference operations. Altman's endorsement reaffirmed the partnership, which includes OpenAI's $10 billion chip supply agre

According to Sam Altman's X post on October 2, Cerebras stock surged 9% on October 5 after the OpenAI CEO confirmed the AI chipmaker is a "close partner" collaborating on faster AI inference capabilities. The move follows reports questioning the strength of the partnership. OpenAI and Cerebras signed a $10 billion chip supply agreement in January, with Cerebras set to provide 750 megawatts of AI computing power through 2028.

According to Financial News, on October 6–7, Hana Investment Securities unveiled a comprehensive overhaul of its Mobile Trading System (MTS) for retirement accounts, aiming to become the industry leader. Currently ranked third among brokers in the retirement pension business, the company is shifting its MTS from a basic trading tool to a digital wealth management platform that tracks retirement assets, provides personalized recommendations, and guides portfolio management using AI-powered diagno

According to Coinglass data cited by ChainCatcher, the Crypto Fear & Greed Index currently stands at 74 as of today (October 6), up 3 points from yesterday. The 7-day average is 70, while the 30-day average is 67, indicating a sustained greed-dominant sentiment in the crypto market.

According to Phaseside data, U.S. Ethereum spot ETFs experienced record net outflows of $19.92 billion on October 5 (U.S. Eastern Time), marking the largest single-day withdrawal since the products' launch. Over the past five trading days (September 28–October 5), cumulative net outflows reached $20.02 billion, with four consecutive trading days of outflows. BlackRock's ETHA led the exodus with $19.90 billion in net redemptions.

According to SoSoValue, bitcoin spot ETFs recorded total net outflows of $89.90 million yesterday (October 5, US Eastern Time). BlackRock's IBIT was the only product posting gains, with single-day inflows of $69.85 million, bringing its lifetime total to $6.58 billion. Ark Invest and 21Shares' ARKB led outflows with $85.21 million in single-day redemptions, though its cumulative inflows remain at $131.6 million. The combined bitcoin spot ETF ecosystem holds $11.08 billion in net assets, represen

According to Seoul Bond Market data, South Korea's 3-year government bond yield rose 1.4 basis points to 3.941% on October 6, while the 10-year yield climbed 2.6bp to 4.383%. Foreign investors continued net buying, purchasing 4,602 contracts of 3-year bond futures and 1,334 contracts of 10-year futures. Despite weakness in U.S. Treasury markets during the South Korean market holiday, local bonds outperformed regionally, reflecting relatively stronger market conditions compared to other major Asi

According to International Monetary Fund (IMF) reports released in April 2026, France's government debt reached 118.4% of gross domestic product (GDP) this year, up 2.4 percentage points from 116.0% in 2025, with further increases to 120.5% expected next year. France's budget deficit is projected at 5.4% of GDP this year, significantly above the 3% EU benchmark. The United Kingdom's general government debt stands at 103.6% of GDP, exceeding economic output, while Germany remains lowest among the

According to Yonhapinfomax, the USD-KRW exchange rate traded at 1,343.80 won as of 11:11 a.m. on October 6, down 0.20 won from the previous day's Seoul close. The currency pair fluctuated between 1,341.40 won and 1,346.70 won during the session. Dollar strength persisted amid euro and yen weakness, with the dollar index trading near 102.1. U.S. Treasury yields climbed to their highest levels since 2002, with 10-year yields at 5.34% and 30-year yields at 5.70%.

According to sources, the Bank of Japan is likely to signal in its October meeting that underlying inflation has roughly reached its 2% target.

According to Bloomberg, Goldman Sachs earned approximately $100 million in advisory fees from SpaceX's June IPO at a $17.7 trillion valuation, plus hundreds of millions in additional incentive fees. The bank had helped high-net-worth clients invest in SpaceX over five years ago when the company's valuation was only in the hundreds of billions of dollars. After SpaceX's public listing, these early investors realized substantial gains, generating the additional incentive fees for Goldman Sachs.

According to the Federal Reserve, the FOMC will release its September meeting minutes on October 8 at 3 a.m. Korea time (October 7 at 2 p.m. U.S. Eastern time). The minutes will reveal the reasoning behind Fed officials' unanimous vote to raise interest rates. If the minutes show a less hawkish stance than market expectations, risk assets like Bitcoin could see price increases. Separately, initial jobless claims for the week ending September 26 totaled 197,000, down 1,000 from the prior week.

According to Polygon, RocketX Exchange has recently executed over $500K in compliant private swaps on the Polygon network. The platform's total swap volume exceeded $107 million, reflecting growing demand for private transactions and increased adoption of Polygon's layer-2 solution.

According to Foresight News, Nasdaq-listed DeFi Development has increased its holdings by 26,203 SOL since September 28, bringing total SOL holdings to 2.764 million valued at approximately $302 million.

According to ChainCatcher and SoSoValue data, Bitcoin spot ETFs experienced net outflows of $89.90 million yesterday (October 5). BlackRock's IBIT was the only major performer with net inflows of $69.85 million. Ark Invest and 21Shares' ARKB recorded the largest outflows at $85.21 million. Bitcoin spot ETFs hold total assets of $110.77 billion, representing 6.43% of Bitcoin's total market capitalization.

According to Bloomberg, Dark Side of the Moon has completed its final pre-IPO funding round at a post-money valuation of approximately $50 billion. The company is preparing for an IPO in Hong Kong in the first quarter of 2027, with early investor meetings expected to begin as soon as this month.

According to a report released by the World Bank on October 6, East Asia and Pacific economies are expected to grow 4.5% in 2026, up 0.3 percentage points from the bank's April forecast. Growth is projected to slow to 4.4% in 2027 and 4.3% in 2028. Vietnam saw the largest upgrade, with growth expectations raised by 1.1 percentage points to 7.4%. However, the bank warned that regional economic resilience depends heavily on AI-related manufacturing and exports, making it vulnerable to a reversal i