Gate Crypto Flash News and Market Updates

According to BlockBeats citing HTX data, KGEN broke $0.16 on October 12, trading at $0.16118. The token surged 13.2% over the past 24 hours.

In September, the U.S. 10-year Treasury yield surged to 5.23%, marking its highest level since 2007, according to market analysis. The surge is primarily driven by massive government debt issuance and rising inflation concerns rather than monetary policy alone, according to Macquarie analyst Thierry Wizman. The U.S. federal government debt exceeded $40 trillion on August 18, forcing investors to demand higher term premiums. Simultaneously, consumer inflation expectations jumped from 4.0% in Augu

According to Goldman Sachs, on October 12 the investment bank upgraded its global equity rating to overweight from neutral for the next three months, citing resilient corporate earnings and improved valuation dynamics. The strategy team, led by Christian Mueller-Glissmann, noted that recent increases in oil prices and bond yields had eased near-term valuation pressure while earnings prospects remain robust. Mueller-Glissmann stated: "Earnings growth continues to support equities, and recent valu

According to Farside Investors ETF flow data, US spot Bitcoin exchange-traded funds (ETFs) recorded $678.9 million in net outflows between Oct. 5-9, 2026, with the heaviest selling on Wednesday, Oct. 7, when $484.9 million left the funds. Monday saw $89.9 million in outflows, while Thursday recorded another $244.1 million in withdrawals. The week's decline was partially offset by $118.8 million in inflows on Tuesday and $21.1 million on Friday. BlackRock's IBIT experienced $207.7 million in outf

The Shanghai Futures Exchange issued a notice today (October 12) seeking public comments on revisions to its Rules on Disciplinary Measures, according to its official announcement. The revisions align with requirements under the Futures and Derivatives Law, Futures Trading Management Regulations, and Futures Exchange Management Measures.

According to EToday, South Korea's Financial Services Commission disclosed plans to tokenize securities including bonds and funds, with implementing legislation set to take effect on February 4, 2027. The phased rollout will first cover institution-only private money market funds, private bonds, and tokenized non-listed stocks, followed by public bonds and funds for retail investors after initial market assessment. The regulator also proposed establishing a licensing framework for retail bond ov

According to informed sources, Saudi Arabia has expressed growing dissatisfaction with limited military assistance from Western allies in recent weeks. The U.K. has provided one air-to-air refueling aircraft, but additional defense support requests submitted by Saudi Arabia have not yet been approved.

According to ChainCatcher, Intel CEO Chen Lipeng stated on October 12 in Singapore that China's frontier AI models have lower token costs and see adoption at a "very fast" pace. He highlighted that Chinese models including DeepSeek, Kimi, and GLM perform "good enough." Chen also expressed his belief that open-source development is the best way to drive efficiency, with markets ultimately deciding which models suit different use cases.

According to BlockBeats, citing BIT market data, crypto-related stocks rose in U.S. premarket trading on October 12. ABTC led gains with a 4.79% increase, followed by BMNR up 2.79%, MSTR up 1.68%, COIN and CRCL each up 1.67%, HOOD up 0.99%, and BNC up 0.76%.

According to remarks made on Saturday, Microsoft CEO Satya Nadella called for companies to treat advanced AI models as potential internal threats and establish emergency brake mechanisms. Nadella emphasized that authorized personnel should be able to pause or shut down models during execution, and that enterprises should assume models may be compromised rather than relying solely on developers' security promises. Nadella also recommended that critical decisions should not depend on a single AI m

According to the Ministry of Industry and Information Technology, Deputy Minister Xiong Jijun met with Macau's Secretary for Economy and Finance Wu Huixian on October 12 in Beijing to discuss cooperation in industrial and information technology. The two sides exchanged views on deepening collaboration and reviewed implementation of a previously signed cooperation agreement on advancing new quality productive forces and new-type industrialization.

According to EDaily, South Korea's Jeonbuk Bank, a subsidiary of JB Financial Group, became the country's first commercial bank to accept Bitcoin as collateral for won-denominated business loans on Monday. The new lending service follows amendments to South Korea's Civil Enforcement Rules that took effect on October 1, establishing procedures for seizing and liquidating virtual asset claims. A bank representative told local media the institution had already issued at least one loan but did not d

According to Stocktwits, U.S. semiconductor stocks opened mixed in premarket trading on Monday following a bruising week driven by concerns over OpenAI's revenue outlook and intensifying competition in the memory-chip market. The iShares Semiconductor ETF (SOXX) fell approximately 5% last week, its worst weekly performance in a month, as chipmakers faced pressure from OpenAI's reported annualized revenue of around $50 billion at the end of September—below previously circulated figures of $68 bil

According to Zhi Tong Caijing, Yuanyang Group (00551) reported nine-month consolidated operating revenue of approximately $5.89 billion through Sept. 30, 2026, down 2.13% year-over-year. The company's September revenue reached $669 million, up 5.69% YoY.

According to Odaily, a16z released its seventh Top 100 consumer AI applications ranking in October 2026. ChatGPT maintains the top position with over 1 billion monthly active users on mobile, while Claude's web version climbed to third place with nearly 1 billion monthly visits. The latest ranking introduced revenue metrics for the first time, ranked alongside web and mobile traffic data. By monthly revenue, the top five are OpenAI, Anthropic, Canva, Superhuman, and Higgsfield. Gemini was exclud

According to Gate data, Brent crude oil (XBRUSD) surged past $108 per barrel to trade at $108.26, up 0.6% from the previous trading session close.

According to Gate's official announcement, the platform has completed cash dividend distribution for 145 U.S. stocks and ETFs including TSMC (TSM), Merck (MRK), Salesforce (CRM), Altria (MO), and Invesco QQQ Trust (QQQ). Gate has settled the corresponding dividends in USDT based on users' holdings, with the entire process handled automatically requiring no additional user action. The dividend payout covers U.S. stock targets with ex-dividend dates between October 5 and October 9, 2026, spanning

According to official announcement, on October 12, USDD's circulation and protocol TVL hit new all-time highs. USDD circulation surpassed 1.81 billion tokens while protocol TVL exceeded $2.51 billion. Growth was driven by expansion across multiple blockchains: TRON network led with over 1.3 billion tokens in circulation, Ethereum held more than 450 million tokens, and BNB Chain contributed over 21 million tokens.

Brent crude oil rose 1.00% intraday on October 12, trading at $103.78 per barrel.

According to BlockBeats, Bithumb has launched spot trading for KGEN on October 12.