Gate Crypto Flash News and Market Updates

According to Yonhapinfomax and the IMF website, Federal Reserve Chair Kevin Warsh will hold a dialogue with IMF Managing Director Kristalina Georgieva on October 16 at 10:30-11:00 AM Bangkok time (12:30-1:00 PM Seoul time) during the IMF's autumn annual meeting in Bangkok (October 12-18). The dialogue marks the final opportunity for potential hints on Fed policy before the October FOMC blackout period begins on October 17. The meeting follows the release of September U.S. CPI and PPI data on Oct

According to Hong Kong South China Morning Post, U.S. President Donald Trump suggested on October 7 that he deserves the Nobel Peace Prize but expressed skepticism about actually winning it. Speaking to reporters at the White House ahead of the Norwegian Nobel Committee's announcement scheduled for October 9, Trump said the committee has a reputation for not awarding him. Trump noted that a previous Nobel laureate had stated he was the person most deserving of the award in history.

According to Kpler data reported by Jin10 on October 8, Hormuz Strait vessel transits fell to 7 tankers on Tuesday, marking the lowest level since July 23. Oil shipments through the strait dropped 27% from the previous week's peak, declining to an average of 10.1 million barrels per day—equivalent to 74% of pre-war levels, down from the highest transit intensity recorded since the U.S.-Israel conflict with Iran began. However, alternative export routes mitigated the decline. Exports from the Gul

According to CNBC, New Constructs, an independent financial research firm, released a report on Tuesday calling Anthropic's planned Nasdaq IPO the "most absurd IPO of 2026" and valued the AI company at only $150 billion versus its targeted $2 trillion valuation. The research firm noted that Anthropic's 2025 revenue was $4.6 billion while net losses reached $42 billion, according to Reuters citing leaked prospectus documents. New Constructs concluded that "Anthropic does not have a viable busines

According to BitGo's official announcement during TOKEN2049 in Singapore, the company has expanded its strategic partnership with HashKeyCloud across four areas of institutional digital asset infrastructure. The collaboration integrates HashKeyCloud as a validator partner and enables ETH and SOL staking services, along with enhanced trading, custody, and real-world asset tokenization capabilities for eligible institutional clients.

According to analyst Murphy, Bitcoin's drop to around $83,000 on October 8 triggered significant buying support rather than panic selling. Binance's 5% order book depth reached $80 million at that price level, higher than the correction period from September 10-16 and approaching July's consolidation phase. The buy orders in the $83,000-$79,000 range provide substantial support that could limit downside risk. Additionally, the difference between taker buy and sell volumes on Binance increased du

According to NBC News and Axios, on October 7, President Trump stated he currently does not want to reach a deal with Iran, while U.S. military officials are discussing potential large-scale military operations against Iran in coming weeks. The possible actions could include massive strikes on Iranian energy infrastructure, military bases, and nuclear facilities. Trump said during a campaign event in San Antonio that while Iran is willing to offer "anything" to stop the conflict, he is not inter

According to Yonhapinfomax, on October 8, 2026, South Korea's Minister of Strategy and Finance Park Hong-geun defended the government's Future Response Fund against opposition criticism in a parliamentary budget hearing, calling claims that it serves as discretionary spending "political attacks" that do not change facts. Park cited Norway's sovereign wealth management model as justification, noting that Norway continues issuing government bonds even without budget deficits to stabilize bond mark

On opening today, the Indian rupee strengthened to 96.6825 against the dollar, driven by central bank intervention.

According to Jin10 Data, offshore Chinese yuan HIBOR (CNH HIBOR) rates on October 8 showed widespread increases across major tenors. Overnight HIBOR rose 23 basis points to 1.43485%, while one-week HIBOR climbed to 1.45182%, two-week HIBOR to 1.47909%, and one-year HIBOR to 1.75091%. The Hong Kong Monetary Authority's 3 billion yuan daily repurchase agreement liquidity facility was fully drawn.

According to the National Hurricane Center, Hurricane Isaias is currently positioned approximately 460 miles (745 kilometers) south-southwest of the Mississippi River Delta with maximum sustained winds of 75 miles per hour (120 kilometers per hour).

According to Coinbase's official blog, Coinbase announced that USDC will become the default U.S. dollar stablecoin in Samsung Wallet starting late October 2026 in the United States. Users will see USDC automatically displayed as the default option when adding stablecoin balances. USDC circulation reached over $75 billion in 2025, growing 72%, with holder wallet count increasing 59% to approximately 7 million.

According to South Korea's presidential office, Seoul and Cairo have upgraded their bilateral relations to a strategic partnership on October 8. The two countries will initiate negotiations on a Comprehensive Economic Partnership Agreement (CEPA) to deepen economic cooperation.

According to Guru Club, PTA futures hit the daily limit on October 8, with a gain of 9.03%, trading at 6,834 yuan per ton.

According to strategist Masahiko Loo of State Street Global Advisors, French government bonds faced selling pressure on October 8 due to both position unwinding among hedge funds and market reassessment of fiscal risks. Investors increasingly question France's fiscal trajectory, as the country has not achieved a budget surplus since 1974. While policymakers have expressed intent to address fiscal challenges, implementation details and timelines face significant obstacles. Loo expects this high v

According to Odaily, Vitalik outlined on X platform that the ideal security practice for multisig wallets is for each signer to rotate their keys after every operation. Vitalik noted this assumes ECDSA may become insecure over time but won't be broken instantly, requiring ongoing protection against mempool front-running. He recommended collecting signatures offline when possible to minimize the window between key exposure and invalidation, and cautioned against rushed upgrades due to configurati

According to official announcement, on October 8, Asseto and AlfaR, a licensed fund service provider, partnered to launch a Digital Transfer Agent (DTA) service system. The system leverages Asseto's on-chain infrastructure to enable blockchain-based recording and maintenance of fund shares and securities holder registries, with on-chain records serving as formal ownership registration. The collaboration combines Asseto's tokenization technology and on-chain infrastructure with AlfaR's investor o

According to BlockBeats citing Galaxy Research analysis, on October 8, the U.S. government transferred approximately 9,261 BTC worth around $770 million to Coinbase Prime over two days. Of this amount, 2,456 BTC were previously untracked by government labels but followed the same pathway as confirmed government funds, leading Galaxy Research to classify them as seized assets. Data shows the U.S. government currently holds approximately 319,086 BTC, with roughly 71% concentrated in two categories

According to Jin10, the National Bank of Romania will maintain its benchmark interest rate at 6.5%, the highest in the European Union, on Thursday (October 8) amid ongoing political turmoil that has driven the leu to historic lows. The decision follows the country's repeated government formation failures and mounting economic challenges, including double-digit inflation and economic contraction, after the previous administration collapsed in May over budget deficit concerns.

According to Guru Club, WTI crude oil futures touched $90 per barrel on October 8, with intraday gains of 1.91%.