Gate Crypto Flash News and Market Updates

According to 9to5Mac, on October 2, Apple confirmed that a small number of iPhone 18 Pro Max users on AT&T's network experienced connectivity failures displaying "SOS" and unable to make calls or send messages. Apple released iOS 27.0.1 and carrier settings updates earlier this week to prevent the issue, but affected devices that have already lost service cannot be recovered through these updates and require replacement. Users experiencing persistent SOS disconnections should contact Apple Suppo

According to Yonhap News Agency, Saudi Arabia conducted missile strikes on Al-Nahda military base within the presidential compound in Yemen's capital Sana on October 2 (local time), according to reports from AFP and Reuters. Loud explosions and smoke were observed across Sana following the strikes. The attack marks an escalation in the tit-for-tat campaign, as Houthi forces previously struck areas near the Saudi capital Riyadh with suicide drones and ballistic missiles at the end of September.

According to Yonhap Infomax, Samsung BioLogics' labor union announced a 3-week general strike beginning October 26, citing disputes over wage increases and personnel matters. A previous general strike in May resulted in approximately 150 billion won (roughly $112 million USD) in sales losses. The union is demanding a 9.5% wage increase plus 3 million won; management has offered 6.2%. Labor-management negotiations have been deadlocked since December 2025.

According to Epic Finance, Hyundai Motor's stock fell 8.33% over the past month, declining from near 700,000 won in May to 300,000 won levels. However, the company's 68 major suppliers showed divergent performance based on electrification exposure. Automotive electronics suppliers gained an average of 4.81% amid demand for software-defined vehicles and hybrid powertrains, with embedded software, camera modules, and EV-related components in high demand. DW Duckyang, a cabin module supplier, surge

According to Korea Securities Computing (KOSCOM) ETF data, CD and bond-tracking ETFs surged in net inflows from Sept. 28–30 following the Chuseok holiday, as global government bond yields reached decades-high levels. TIGER CD Rate Investment KIS led the rally with 557.6 billion KRW in net inflows, followed by KODEX Short-Term Bonds with 210.6 billion KRW. The inflows were driven by rising U.S. Treasury yields, with the 10-year note climbing to 5.34% on Oct. 1, marking its highest level in 24 yea

According to Benzinga, citing Andreessen Horowitz's September 2026 market report, technology stocks have risen 22.1% year-to-date, but earnings per share have grown 55.7% over the same period, while valuations have actually compressed. The tech sector's price-to-earnings multiple has contracted 21.6%, and current valuation multiples are approximately 20% below the five-year average. This dynamic—where earnings growth far outpaces stock price appreciation—contradicts typical bubble characteristic

According to ChainCatcher, Avalanche's tokenized stock market value increased by $246 million in September, the largest growth among all blockchains. The expansion was driven by Securitize.

According to Odaily, WWW AI platform browsers have recovered online as of October 2, following intermittent outages during backend restart operations. Symbients are gradually reawakening as browser sessions reconnect, the platform confirmed via X on October 2.

According to the U.S. Commodity Futures Trading Commission (CFTC), leveraged funds' net yen positioning returned to negative territory as of September 29, reaching minus 16,809 contracts, signaling a resumption of short dominance over long positions. The shift comes after the funds maintained bullish positions for two consecutive weeks—the first positive net positioning in 14 months. This reversal follows Japanese authorities' intervention efforts in late August with U.S. support to counter yen

According to Nikkei Asia, Seagate and Western Digital declined sharply on October 2 after Toshiba announced plans to invest roughly ¥60 billion, or $380 million, to double hard-disk drive production capacity for AI data centers by fiscal 2027. Seagate closed at $807.62, down 14.59%, while Western Digital finished at $400.07, down 13.51%. Toshiba currently holds just over 10% of the HDD market by storage capacity but is targeting around 30% share, potentially introducing more competitive supply i

According to Hana Bank, on October 3, the bank forecast the USD-KRW exchange rate range for October at 1,345–1,370 won, citing expectations that both the Federal Reserve and Bank of Korea would hold rates steady this month. The Federal Reserve is scheduled to hold its Open Market Committee meeting on October 27–28. Hana Bank noted that while global dollar strength may continue due to U.S. Treasury yield gains, aggressive consecutive tightening by the Fed appears unlikely given factors including

According to Balaji, the Zcash Zummit will take place on October 9 at Singapore's Network State Conference, gathering prominent ecosystem leaders including Zooko Wilcox and Eli Ben-Sasson. The event will focus on discussions around zero-knowledge proofs and their significance in crypto. Attendees will have the opportunity to receive free ZEC, aimed at enhancing community participation and engagement with the Zcash project.

According to Saudi-led coalition spokesman Turki al-Maliki and reported by Xinhua, on October 2, the multinational coalition intercepted and destroyed 3 ballistic missiles launched by Yemen's Houthi militants toward Jizan, a city in southwestern Saudi Arabia.

On Friday (October 2), U.S. stock indices ended higher as employment data showed weaker-than-expected job growth, easing concerns about an immediate rate hike. The S&P 500 rose 0.7% to close at 7,722.72, the Nasdaq 100 gained 1% to 30,807.93, and the Dow Jones Industrial Average added 0.5% to 51,176.96. September employment figures came in significantly below economist expectations, with only 29,000 jobs added against a consensus forecast of 84,000, while unemployment climbed to 4.2% from the ex

According to CNYes, the U.S. Dollar Index fell 0.1% to 101.88 on Friday (Oct. 2) but extended a fourth consecutive weekly gain against the euro, supported by elevated U.S. Treasury yields and expectations that the Federal Reserve will maintain a hawkish stance. The 10-year U.S. Treasury yield rose 5.14 basis points to 5.285% after an initial dip following weaker-than-expected September employment data, which also showed the unemployment rate ticking up slightly to 4.2%. Euro weakness was driven

According to Yonhap Infomax, on October 2, the U.S. dollar index fell 0.170% to 101.884 for the first time in five trading days. The dollar weakened after September non-farm payrolls rose by 29,000, far below market expectations of 90,000, according to the U.S. Department of Labor. U.S. Treasury yields rebounded sharply intraday, limiting dollar losses. The 2-year yield recovered from an intraday low of 4.69% to 4.84%, helping the dollar index recoup two-thirds of its session decline. The dollar

According to Guru Club, U.S. Senate Republicans formally proposed a cryptocurrency tax bill on October 1. The legislation aims to establish a regulatory framework for cryptocurrency taxation, though specific provisions were not disclosed in the announcement.

According to The Washington Post, Trump's official memecoin has lost more than 97% of its value since launching, falling from an all-time high of approximately $75.35 on January 19, 2025 to around $2.05 on October 1, 2026. The sharp decline has contributed to growing disillusionment among younger crypto investors who initially supported Trump's pro-cryptocurrency campaign message. Crypto streamer Carl Runefelt, who purchased additional bitcoin and $TRUMP tokens following Trump's 2024 election vi

According to Guru Club, on October 3, President Trump announced that the U.S. will not impose diesel export bans and has requested Europe to release additional diesel supplies to ease fuel price pressure. Trump stated: "I've made this request. Europe has large amounts of diesel, and they will make a major contribution to the world, as will we." He noted that Europe possesses substantial diesel reserves and is willing to participate in alleviating the global fuel shortage.