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
11:13
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Nike, DraftKings, Mattel Tumble to Multi-Year Lows on Wednesday; NKE Hits $35.16, DKNG $18.95, MAT $12.44

According to Stocktwits, Nike shares fell to a 12-year low of $35.16, DraftKings dropped to a three-year low of $18.95, and Mattel slid to nearly a six-year low of $12.44 on Wednesday. Nike declined more than 1% ahead of its fiscal first-quarter earnings Thursday, as investors awaited evidence of sales revival. DraftKings fell 3% amid regulatory headwinds in Brazil and competition from prediction markets like Kalshi, which captured 76% of NFL prediction-market trading versus DraftKings' 3%. Matt
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11:13
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Nike Stock Edges Higher Overnight Ahead of Q1 Earnings; Jefferies Expects $11.5B Revenue vs $11.3B Consensus

Ahead of Thursday's first-quarter earnings release, Nike Inc. stock edged 0.3% higher overnight, with retail traders on Stocktwits maintaining bullish sentiment. Jefferies expects Nike to report Q1 revenue of approximately $11.5 billion and adjusted earnings of $0.48 per share, both above consensus estimates of $11.3 billion and $0.44 per share, according to Fiscal.ai data. The stock has declined 77% from its November 2021 peak, while short interest stands at 87 million shares. Under CEO Elliott
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11:13
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Quant Surges Past $300 After The Clearing House Selects QNT for U.S. Tokenized Payments Network

According to Finance Feeds, on September 24, The Clearing House (TCH)—a U.S. bank-owned payments utility backed by JPMorgan, Citi, and other major institutions—selected Quant as the technology provider for its U.S. On-Chain Money Initiative. The network will clear and settle tokenized commercial bank deposits across systems processing over $2 trillion daily, with institutional access slated for the first half of 2027. Concurrently, seven major UK banks including Barclays, HSBC UK, Lloyds Banking
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QNT-5.12%
11:12
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Micron Reports Record $14.1B NAND Revenue With Growth Moderating to 42% Sequentially

According to Micron's fiscal Q4 2026 earnings released Wednesday (September 30), the company posted record NAND flash revenue of $14.1 billion with sequential growth slowing to 42% from 99% in the prior quarter. NAND prices increased approximately 30% compared to a mid-80s percentage jump in Q3, signaling the first clear deceleration in a pricing cycle that had previously fueled a 22% SanDisk stock surge. CFO Mark Murphy noted Micron expects higher gross margins through fiscal 2027 with a more m
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11:12
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Tesla Closes at $354.81 on September 30 as RBC Targets $480, BNP Cuts Target to $268

According to RBC Capital and BNP Paribas Exane, Tesla (NASDAQ: TSLA) closed at $354.81 on September 30, 2026, up $1.97 or 0.56% from the prior session. RBC Capital maintained a Buy rating with a $480 price target on September 25, implying 35.28% upside from the close. BNP Paribas Exane cut its Underperform target to $268 on September 24, implying 24.47% downside. The broad range reflects uncertainty ahead of Tesla's third-quarter production and delivery release on October 2, with analyst consens
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11:08
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MEXC Adds 1,000 BTC to Guardian Fund on Sept 30, Now Holds $100M USDT and 2,000 BTC

According to ChainCatcher, MEXC exchange added 1,000 BTC to its user protection fund Guardian Fund on September 30, marking the second major BTC allocation this year. The fund now holds $100 million USDT and 2,000 BTC. MEXC said this addition is part of its May commitment to expand the Guardian Fund from $100 million to $500 million over two years, with the wallet address publicly disclosed for user verification.
BTC0.05%
11:08
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Deobon Korea Stock Plunges 40% as Franchise Chain Shuts Stores, Pivots to Regional Development

According to Korea Exchange data released Oct 1, Deobon Korea's stock fell 40% since the start of 2026, with the food franchise chain reporting its first annual decline in store count and a sharp revenue contraction. The company's total outlets dropped by 9 stores to 3,057 locations in 2025, with closure numbers surging 45.4% year-over-year to 256. Revenue declined 12% to 362 billion won in 2025 from 361.2 billion won in 2024, while the company swung to a 23.7 billion won operating loss from a 2
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11:08
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Tokenized Real-World Assets Hit $34.5B by August 31, Up 140% Year-Over-Year, Dune Finds

According to a Dune report published as of August 31, 2026, tokenized real-world assets reached $34.5 billion in value, up more than 140% from a year earlier. In tokenized equities specifically, single stocks accounted for 81% of spot supply while exchange-traded funds made up 19%. Separately, Binance Research data cited by co-CEO Richard Teng put the tokenized equity market at $4.43 billion as of September 15, representing 0.0029% of the $151.9 trillion global listed-equity market. On September
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11:08
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Shinyang Securities Upgrades LG Household & Health Care to Buy, Raises Target Price to 320,000 Won on October 1

According to Shinyang Securities, the firm upgraded LG Household & Health Care's investment rating from neutral to buy on October 1 and raised its target price from 250,000 won to 320,000 won, a 28% increase. Analyst Lee Gyo-seok cited North American growth from the DoctorG haircare brand and recovery in the domestic duty-free channel as key drivers for the upgrade, adjusting 2027 earnings estimates upward. DoctorG products launched in 424 Sephora offline stores across North America in August. T
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11:06
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Ideal Automotive Delivers 31,817 Vehicles in September, Cumulative Deliveries Hit 1.83 Million

According to an official announcement, Ideal Automotive delivered 31,817 new vehicles in September 2026, bringing its cumulative deliveries to 1,833,651 units as of September 30. The newly launched Ideal L6 exceeded 10,000 deliveries in the month, while new models Ideal MEGA Home and Ideal i9 Home were released, expanding the company's pure electric product portfolio. Additionally, Maher VLA 2.0 OTA upgrades have been pushed to nearly one million vehicles equipped with Orin-X and Thor chips.
11:02
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Solana Captures 97% of Tokenized Equities Volume in May, Leads Second Consecutive Day

According to @SolanaFloor, Solana led daily tokenized equities trading volume for the second consecutive day in May and June 2026, capturing 97% of cumulative on-chain spot volume in May and 95% of global tokenized stock trading volume in June. The network hosts over 200,000 tokenized stockholders with total tokenized equity assets exceeding $1.6 billion. Solana's sub-second finality and low transaction fees enable rapid and affordable trading, supported by deep on-chain liquidity from decentral
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SOL-1.52%
11:01
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Call Center Firm Rents 4x Nvidia H200s for $13,200 Monthly to Test DeepSeek vs Claude Cost Claims

According to Tom's Hardware, The Call Center Doctors rented four Nvidia H200s on Sept. 27 to test DeepSeek V4.1 Flash against its existing Claude setup. The rental cost reached $440.88 per day ($13,200 monthly at standard rates), more than double the firm's September Claude subscription bill of $5,500. Using DeepSeek's API directly would have cost between $3,500 and $7,000 for the same 27-day period. The consultancy's test found that while DeepSeek's model performed adequately for single-task ex
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11:01
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VALA Delivers 420 Vehicles in Q3 2026, Including 90 Units of New Kcar Model

According to VALA's announcement, the company delivered a cumulative 420 vehicles to customers during the third quarter of 2026, including 90 units of its newly launched vala kcar model and 330 units of other vala vehicle types. The vala kcar, jointly designed and developed with Liuzhou Wuling Automobile Industrial Co., began customer deliveries in late September 2026, targeting urban short-distance travel and family activities with its compact design and flexible interior space.
10:58
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Citi Downgrades Long-Term Dollar-Won Forecast to 1,250 Won on October 1

According to Citi's chief economist at Citi Korea Bank Kim Jin-wook on October 1, the bank has downgraded its long-term dollar-won exchange rate forecast from 1,400 won to 1,250 won. The adjustment reflects expectations that South Korea's structural current account surplus will drive sustained won appreciation over 2026–2028. Kim estimated that foreign exchange authorities may have previously purchased dollars in the spot market when the rate fell near or below 1,250 won. Separately, South Korea
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10:56
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Taiwan's Taiex Rises 0.86% to Hit One-Week High on Oct 1, Lifted by Micron Earnings and Korean Chip Exports Surge

According to Newsis, Taiwan's Taiex index closed at 48,353.49 points on Oct 1, up 413.36 points or 0.86%, marking its highest close in one week. The gain was driven by strong semiconductor demand following positive earnings from U.S. chipmaker Micron Technology and a surge in South Korea's September semiconductor exports, which tripled from the prior month. Semiconductor-related stocks led the advance, with TSMC gaining 1.21%, UMC rising 4.53%, and other chip-linked names posting strong gains. D
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