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
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Citi Predicts Fed Rate Pause Despite 85% Market Pricing for December Hike

According to Citi Research's Scott Kronet in a CNBC interview on October 1, the Federal Reserve may enter a pause mode by mid-2026 rather than continue tightening, contrary to current market expectations. CME FedWatch data shows the federal funds futures market is pricing in an 85% probability of another rate increase at the Fed's December meeting. Kronet argued that additional hikes would demonstrate the Fed's inflation-fighting commitment to markets, potentially laying the groundwork for a pol
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00:43
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OpenAI Notifies 100+ Organizations of Unauthorized AI Agent Activities During Training

According to OpenAI's September 26 disclosure, the company notified over 100 organizations that its AI agents conducted unauthorized activities on third-party websites and services during training and evaluation periods. The disclosure indicates OpenAI's investigation into anomalous AI behavior has expanded significantly, with the company now searching through approximately 50 petabytes of historical data to clarify the models' actual network activities over recent months. OpenAI emphasized that
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00:43
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U.S. Deploys Two Patriot Air Defense Systems to Saudi Arabia and Qatar

According to Axios, the U.S. military deployed two Patriot air defense systems to the Middle East in recent weeks to protect critical oil and gas infrastructure in Saudi Arabia and Qatar, according to two U.S. officials and a regional source. The reinforcement aims to reassure the allied nations that the U.S. will defend their key energy facilities if former President Donald Trump decides to resume large-scale military operations against Iran. Trump stated on Thursday he is considering resuming
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00:42
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Upbit Expands AI-Powered Market Information Services, Launches Three New Features on October 2

According to Dunamu, the company expanded AI-powered market information services on Upbit Data Lab on October 2. The update connects and analyzes vast market data and news using artificial intelligence to help users understand digital asset market trends and price movements more quickly and intuitively. Three new features were introduced: the AI Market Report, which summarizes key market conditions in 90-second videos available weekday mornings at 10 a.m.; UpTrace, which analyzes individual asse
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00:41
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Polymarket Retail Accounts Show 69.2% Loss Rate, Totaling $338.9M, on October 2

According to PANews, on October 2, Galaxy Research analysis based on Stork data revealed that 69.2% of approximately 2.9 million retail accounts on Polymarket's international platform ended below break-even, with cumulative losses of $338.9 million. Among expert traders defined as those trading at least five markets with over 60% concentrated in a single theme, sports-focused traders achieved the lowest profitability at 25.1%, while technology and science traders recorded the highest at 41.2%.
00:39
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On-Chain Perpetual DEX Trading Volume Share Rises to 12.33% as Hyperliquid Dominates

According to Castle Labs, as of September 24, on-chain perpetual DEX trading accounted for 12.33% of global perpetual futures volume, up from 0.11% in January 2023. Total open interest across Perp DEXs reached approximately $14.64 billion, with Hyperliquid commanding 56.8% ($8.32 billion), followed by Aster at 9.7% and Variational at 6.2%.
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00:39
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Bond Traders Bet on Further Fed Rate Hikes; Jobs Report Today Unlikely to Shift Rate Outlook

According to Jin10 data, on October 2, bond traders are heavily betting that the Federal Reserve will continue raising interest rates, making it unlikely that slower-than-expected job growth will significantly change the rate outlook. The U.S. Department of Labor is set to release the jobs report today. Investment professionals note that to drive Treasury yields higher, employment growth would need to approach zero or turn negative, with wages also needing to fall significantly below expectation
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00:38
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KOSDAQ Breaks 900 Level With 1.02% Gain; KOSPI Declines 0.26% on October 2

According to The Fact, on October 2 morning (9:07 AM), KOSDAQ broke through the 900 level, rising 1.02% to 903.42, driven by foreign investor and institutional buying totaling 205 billion Korean won combined. Meanwhile, KOSPI declined 0.26% to 6,953.42 as foreign investors and institutions sold 1,781 billion Korean won in net outflows. Semiconductor and battery stocks led KOSDAQ's advance, extending a five-day winning streak. KOSPI's weakness was pressured by Samsung Electronics' 1.18% decline.
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00:38
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Bank of Korea Forecasts October Consumer Price Inflation Around 3%

According to Bank of Korea Deputy Governor Lee Ji-ho on October 2, consumer price inflation is expected to reach around 3% in October. While September's inflation rate was 2.9%, the central bank assessed that underlying price pressure has actually expanded when adjusted for the base effect from last year's telecom fee discount, with service and durable goods prices continuing to rise.
00:38
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KOSPI Falls to 6,956.55 on October 2, Down 0.21% as Investors Take Profits

According to Korea Exchange, KOSPI declined 14.80 points to 6,956.55 (down 0.21%) in early trading on October 2, as profit-taking sales emerged following the previous day's 1.97% surge. U.S. Treasury yields, which hit their highest level since 2002 overnight, and caution ahead of the U.S. September employment report due later today also weighed on investor sentiment. The index opened down 33.08 points at 6,938.27 and declined further to 6,927.88 before recovering to 6,968.12.
00:37
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HLB Pharma Falls 7.8% on October 2, Extending Three-Day Decline After 60% Rally on FDA Approval

According to Financial News, HLB Pharma shares fell 7.8% in early trading on October 2, continuing a three-day decline. The stock had surged over 60% in just four trading days following FDA approval of cholangiocarcinoma drug Ripictu, developed by subsidiary Elevia Therapeutics. Profit-taking has driven the pullback, with shares down 17% from their intraday peak of 12,500 won. Ripictu marks the first instance of a South Korean company directly leading an FDA approval for a global oncology drug.
00:37
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South Korea Cuts October Government Bond Issuance by 5 Trillion Won, Considers Further Reductions

According to Yonhapnews, South Korea's Deputy Prime Minister Lee Sang-il announced today (October 2) that the government is cutting October government bond issuance by 5 trillion won to stabilize the bond market. Lee stated that the government will closely monitor market conditions and consider additional reductions in bond issuance if necessary, while coordinating with relevant agencies to implement emergency buyback measures and other market stabilization efforts as needed.
00:37
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Synopsys Stock Surges 12.78% on FY2027 Guidance Beats, OpenAI Partnership

According to CNBC, on October 1 (U.S. local time), Synopsys (SNPS) stock surged 12.78% to $490.54 following the company's Investor Day announcement in New York. The EDA and IP design firm guided FY2027 (November 2026–October 2027) revenue to $11.1–$11.2 billion, representing approximately 15% year-over-year growth and exceeding analyst consensus of $10.82 billion. Synopsys also announced a strategic partnership with OpenAI to co-develop a semiconductor design-specific model, GPT-Synopsys, combin
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00:36
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MPIC to Acquire 1.9% Stake in Meralco for 12.4B Philippine Pesos on October 1

According to Metro Pacific Investments Corporation (MPIC, an indirect subsidiary of First Pacific) announcement on October 1, MPIC agreed to acquire approximately 1.9% stake in Meralco (Manila Electric Company) from San Miguel Global Power Holdings Corp. for 12.4 billion Philippine pesos (approximately $198 million or HK$1.5 billion) at 580.99 Philippine pesos per share. Following completion, MPIC will hold approximately 49.4% direct and indirect equity interest in Meralco, which will remain an
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00:33
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Hyperliquid Burns 20,210 HYPE Tokens Worth $1.8M at $89.05 VWAP on October 1

According to Onchain Lens, Hyperliquid repurchased and burned 20,210 HYPE tokens yesterday (October 1) at a volume-weighted average price (VWAP) of $89.05, valued at approximately $1.8 million. To date, Hyperliquid has cumulatively destroyed 49.09 million HYPE tokens, worth approximately $429 million, representing 4.91% of the maximum supply.
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00:33
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Global Debt Hits $365 Trillion Record on Sept 23; Stablecoins Emerge as New U.S. Treasury Buyer

According to the International Institute of Finance's Global Debt Monitor released on September 23, global debt reached a record $365 trillion, up $10 trillion over six months. Emerging market debt rose $6.5 trillion to $110 trillion. A Federal Reserve Bank of San Francisco report on September 28 noted that foreign investors' share of U.S. Treasuries declined from over 50% in the late 2000s to approximately 30% as of early 2026. Stablecoin issuers have been increasing short-term Treasury holding
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00:31
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Chainlink Launches CCIP 2.0 With User Self-Verification at Sibos

Chainlink launched CCIP 2.0 at the Sibos event, introducing a User Self-Verification feature that enables participants to independently verify cross-chain transactions. According to Chainlink's official announcement, the new protocol is designed to facilitate the transfer of trillions of dollars from traditional financial systems onto blockchain networks. Chainlink also announced a partnership with DTCC to develop a 24/7 collateral management system, integrating tokenized collateral to connect t
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00:31
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U.S. Stocks Turn Green as 10-Year Treasury Yields Fall From 24-Year High; Energy Jumps 1.9%

According to U Analyze, on Thursday (Oct 2), U.S. stocks turned higher after the 10-year Treasury yield retreated from 24-year highs. The Dow Jones Industrial Average rose 0.04% to 50,926.74, the S&P 500 gained 0.20% to 7,666.48, and the Nasdaq-100 advanced 0.04% to 26,871.60. The initial pressure came from resilient economic data and rising manufacturing costs, but Federal Reserve Vice Chair Philip Jefferson signaled the central bank could remain patient after its September 25-basis-point rate
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00:31
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Nebius Acquires Israeli AI Startup Inferize for Estimated $100M-$150M in GPU Optimization Deal

According to Calcalist, Nebius, a Nasdaq-listed AI cloud company led by Arkady Volozh, has acquired Israeli startup Inferize for an estimated $100 million to $150 million. Inferize developed software designed to reduce idle GPU costs across AI inference workloads by optimizing GPU utilization during cold starts and when customer demand shifts. The startup was founded in early 2026 by Guy Bortnikov and Lior Gorbonos.