Gate Crypto Flash News and Market Updates

According to Fortune, Vest Labs, a retail proprietary trading startup, completed a $13 million seed funding round on October 7, with Portal Ventures leading the round. Citadel Securities, BlackRock, and executives from KKR participated as individual investors. Post-funding valuation was not disclosed. Vest allows qualified traders to trade perpetual futures around the clock using the company's capital, with traders retaining up to 80% of profits. The platform reported approximately 27,000 active

According to Bloomberg, Iraq will dispatch hundreds of oil tanker trucks daily through Syria, marking a significant shift in regional energy logistics routes.

Charles Schwab launched spot Bitcoin and Ethereum trading in Q2 2026, charging 75 basis points per transaction with Paxos handling trade execution and sub-custody. Charles Schwab Premier Bank serves as primary custodian. The service is unavailable in New York and Louisiana due to state regulatory constraints, and external wallet transfers are not supported at launch. The brokerage added 24/7 crypto futures trading for Bitcoin, Ether, Solana, and XRP through its thinkorswim platform, announced in

According to Kalshi, the exchange launched US500PERP, a perpetual future tied to the MerQube US Large Cap Index tracking 500 largest US companies, on October 6. The contract, which carries no expiration date, offers 15.3 times leverage with positions starting at $1 per index point and trades around the clock from 6:00 p.m. ET through 5:00 p.m. ET. The product is USD-margined and cash-settled, with funding settled daily at 4:00 p.m. ET equity close. Kalshi claims this is the first stock index per

According to reports, UK Conservative Party leader Kemi Badenoch pledged on Wednesday (October 7) to scrap inheritance tax on family homes if the party returns to power, and allow couples to pass an additional £1 million (approximately $1.3 million) tax-free. Currently, UK inheritance tax is levied at a 40% rate on estates exceeding £325,000; the threshold rises to £500,000 if residential property is left to direct descendants. Badenoch stated that if future fiscal conditions allow, she hopes to

According to Nasdaq data cited by FinanceFeeds, on Tuesday, 6 October 2026, three cloud infrastructure stocks closed higher: Astera Labs (ALAB) at $389.80, up 7.58 percent from Monday's $362.34; Nebius (NBIS) at $249.87, up 7.44 percent from $232.57; and CoreWeave (CRWV) at $91.72, up 4.95 percent from $87.39. No fresh corporate announcements in SEC filings supported the gains during the trading session. Astera's earnings call notice came after the close at 20:05 UTC, scheduled for 3 November. N

Citi raised its 12-month Ethereum price target to $3,028 on October 1, a roughly 35% increase from $2,240, citing stronger crypto activity and improving macro conditions. However, ETH fell approximately 4% to around $2,600 on Wednesday as part of a broader crypto selloff triggered by a climbing 10-year Treasury yield above 5.3% and a strengthening U.S. dollar. At current levels, Ethereum would need to gain roughly 16% to reach Citi's target price.

According to Guru Club, Bitcoin surged to $87,000 on October 2 following the release of U.S. non-farm payroll data, before easing to $86,773. The cryptocurrency gained more than 3% during the trading day.

According to H.I.S. Group, on October 7, the Japanese travel company's subsidiary in Thailand reported a server breach that may have exposed hundreds of customers' passport information. West Citizen watch company and other Japanese enterprises also reported server intrusions the previous day, with customer data potentially compromised.

Gate News message, the payments sector secured $791 million through 24 funding rounds in Q3 2026, ranking first among all cryptocurrency sectors. Investors are demonstrating preference for sectors with clear real-world use cases and stablecoin-powered adoption. The total funding volume continues to significantly exceed 2024 levels, based on disclosed data.

According to IBK Investment Securities, the firm maintained its 400 million KRW target price for SK Hynix on October 7 while raising its DRAM average selling price (ASP) forecast. Analyst Kim Yun-ho noted that AI-driven memory demand will continue to expand while supply growth remains limited, supporting sustained high profitability. IBK projects SK Hynix's Q3 operating margin at 78.4% and expects DRAM price volatility to remain low. The target price represents over 2.3 times the current stock p

According to IBK Investment & Securities analyst Kim Un-ho on Oct 7, the firm maintained its SK Hynix target price at 4 million won, citing sustained AI memory demand and limited supply growth over an extended period. The stock closed at 1.726 million won, trading 2.65% lower on the day and representing less than half the target price. Kim's report also raised D-RAM average selling price (ASP) estimates, projecting DRAM sales of 73.1 trillion won and operating profit of 59.2 trillion won for Q3,

According to ChainCatcher, citing on-chain analyst Ai Yi, address 0x6f4...52F67 withdrew 3,583.2 ETH from Binance over the past 2 hours, valued at approximately $9.27 million. The withdrawal average price was $2,587.32 per ETH.

According to a report jointly compiled by German logistics giant DHL Group and NYU Stern School of Business, global merchandise trade is projected to grow 4.6% in 2026, up from the 3.6% forecast in January, driven by surging artificial intelligence device demand. The report also raised its 2027 trade growth forecast to 3.6% from the previously predicted 2.7%, citing resilience in global commerce despite headwinds from tariffs and geopolitical tensions.

According to Weil Gotshal & Manges' latest European Distress Index (WEDI), France has surpassed Germany as Europe's most distressed market as of August. German corporate confidence improved slightly over the three-month period, while France remained flat, lifting it to the top of the index ranking. The data was collected before France's recent political turmoil and rising government financing costs, meaning the index may not yet fully reflect current deterioration. French enterprises are facing

According to the Institute of International Finance, emerging market equity outflows reached $113.9 billion year-to-date as of October 2026.

According to a bipartisan congressional panel report released this morning, online trading platform Webull is identified as a national security threat due to structural ties to the Chinese government. The House Select Committee on China alleged that Webull's software development, data pipelines, and core engineering operations rely on infrastructure subject to Beijing's laws, which can compel companies to cooperate with the Chinese government. The committee also stated that Webull misrepresented

According to Guru Club, Bitcoin broke below $84,000 today (October 7), declining over 2% intraday.

According to Guru Club, on Oct 7, Temasek International's Chief Investment Officer Rohit Sipahimalani flagged two major market risks heading into 2027: a potential reversal in AI-related investment momentum and inflation driving up bond yields that could halt equity gains. Sipahimalani stated that AI investment fatigue poses the greatest risk, though he noted it may not occur immediately. He also emphasized inflation concerns coupled with changing interest rates as a key risk factor, adding that

According to Guru Club, on October 7, U.S. crypto stocks fell in premarket trading as Bitcoin dropped to a one-week low. Coinbase declined 2.5%, Strategy fell 3.3%, and Robinhood slipped 2.2%.