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.
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Zhongsheng Dental (02651) Records $12.8M Deposit Position as Shareholder Transfers 1.23M Shares on October 8

According to Hong Kong Exchanges and Clearing's latest data, Zhongsheng Dental (02651) on October 8 recorded a deposit position totaling HK$103 million, representing 20% of total shares. A shareholder transferred 1.2329 million shares to China Securities Depository and Clearing Corporation (Hong Kong), reducing their shareholding ratio by 33.82%. The company also announced the issuance of 3.6452 million new H-shares via a capitalization distribution at a ratio of 2 shares per 10 existing shares.
00:43
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BFC Climbs 11.74% to $0.028254 in 30 Minutes

BFC surged 11.74% in 30 minutes on October 9, reaching $0.028254 amid growing altcoin momentum. The token's 24-hour trading volume exceeded $4.4 million, with the day's range spanning from $0.025227 to $0.028277. BFC's market cap currently stands at $39.19 million, reflecting heightened trader interest as Bitcoin stabilizes.
BTC-1.79%
00:43
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Global PC Shipments Plunge 20.1% in Q3 2026; Apple Market Share Rises to 9.5%

According to IDC, global PC shipments fell to 62.7 million units in Q3 2026, marking a 20.1% decline year-over-year. Apple's Mac shipments dropped 11.3% to 5.9 million units but outperformed the overall market, with its market share rising to 9.5% and ranking fourth. Lenovo led with 14.9 million units and 23.8% market share, followed by HP at 10.3 million units (16.5% share) and Dell at 7.6 million units (12.1% share). Asus ranked fifth with 5.5 million units and 8.7% market share. HP was hit ha
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00:41
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China International Holdings Transfers 60.56M Shares Worth HK$5.94M on October 8, Completes Placement of 100M Shares at HK$0.049

According to the Hong Kong Stock Exchange, China International Holdings (08118) underwent a share transfer on October 8, with total transferred value of HK$5.94 million, representing 10.09% of holdings. The company transferred 60.56 million shares from Shun An Securities Asset Management to Jiayufu Securities. The company completed its placement of 100 million shares on October 7 at HK$0.049 per share to not fewer than six placees, according to its announcement.
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00:41
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China's Central Bank Clarifies Yuan Exchange Rate Policy: Market-Based Mechanism, No Devaluation Intent

According to CCTV, on October 8, the People's Bank of China released its policy stance on the yuan exchange rate. The PBOC operates a managed floating rate system based on market supply and demand, with the exchange rate determined by market forces. The bank does not preset exchange rate targets or intervene in long-term trends, maintaining currency flexibility and two-way fluctuation. The PBOC emphasized it focuses on preventing short-term sharp volatility, particularly rapid depreciation affec
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00:35
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ETH Whale Suffers Partial Liquidation but Maintains Long Positions

Gate News message, Lookonchain reported that a whale's 98,089 $ETH ($252.3M) long positions faced liquidation at $2,446.48 and $2,424.47. The market crash resulted in the liquidation of 28,716 $ETH ($69.69M) from this whale's holdings. The whale continues to hold long positions on $ETH, currently maintaining 78,955 $ETH ($195.57M) in longs. The new liquidation price levels are $2,299.09 and $2,286.28.
00:33
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SpaceX Acquires 800 MHz Spectrum to Launch Starlink Mobile as U.S. Carrier

According to SpaceX's official announcement, SpaceX signed an agreement to acquire nationwide low-frequency spectrum licenses (approximately 800 MHz) to advance Starlink's entry into the U.S. mobile carrier market. Combined with its existing second-generation satellite constellation, Starlink Mobile will provide nationwide high-speed mobile broadband coverage. The latest V3 satellite generation delivers downlink capacity of 1 Tbps—ten times the previous generation—and uplink capacity of 160 Gbps
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00:33
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U.S. Tech Stocks Plunge on October 8, Nasdaq Composite Falls 1.3%

On October 8, U.S. tech stocks sold off sharply, with the Nasdaq Composite declining 1.3% to 27,193.34, according to CNBC. The S&P 500 fell 0.5% to 7,765.36, posting a second consecutive down day, while the Dow Jones Industrial Average rose 0.1% to 51,231.64. Nvidia (NVDA), Broadcom (AVGO), and Micron Technology (MU) led declines among semiconductor and artificial intelligence-related stocks. Market concerns over AI industry profitability and valuations intensified after the Financial Times repo
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00:31
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South Korea's August Current Account Surplus Hits $46.11B, Highest Since May 2010

According to Citi economist Kim Jin-wook, South Korea's August current account surplus reached $46.11 billion, marking the highest level since May 2010, as domestic dollar supply indicators surge to 16-year highs. The merchandise trade surplus contributed $46.81 billion, with Korea recording three consecutive months above $40 billion in surplus. Bank of Korea data shows August's surplus was the second-largest on record, trailing only June's $49.73 billion. Kim noted that structural current accou
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00:30
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U.S. Senate Democrat Blumenthal Demands Cantor Fitzgerald Explain Tether Relationship on October 9

According to BlockBeats, on October 9, U.S. Senate Permanent Subcommittee's top Democrat Richard Blumenthal called on investment bank Cantor Fitzgerald to explain its relationship with Tether, the world's largest stablecoin issuer. In a letter to Cantor CEO Brandon Lutnick, Blumenthal alleged that both Cantor and Tether profited from their business relationship and questioned the company's banking operations and sanctions compliance measures.
00:28
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Trump Won't Attack Iran Before Midterms, Oil Prices Fall Below $104

According to Guru Club, on October 9, President Trump announced the U.S. would not attack Iran before November's midterm elections, causing oil prices to decline. Trump stated on social media that the U.S. is conducting "productive consultations" with Iran and that maritime blockades on Iranian ports remain in full effect. Brent crude fell below $104 per barrel, while WTI crude approached $91. December Brent futures dropped 0.4% to $103.94 per barrel, and November WTI futures fell 0.2% to $91.27
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00:23
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IBK Pension Insurance and Lotte Insurance Face Capital Securities Call Options in December

According to Yonhapinfomax on October 9, IBK Pension Insurance and Lotte Insurance are the only South Korean insurers facing year-end capital securities call options, with IBK holding 50 billion Korean won in subordinated bonds redeemable on December 28, and Lotte facing 40 billion won on December 17 and 60 billion won on December 29. Lotte Insurance, currently under regulatory improvement measures, requires prior approval from supervisory authorities to exercise call options. Most South Korean
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