Gate Crypto Flash News and Market Updates

According to Guru Club, on June 4, Indonesia's benchmark Jakarta Composite Index (JSX Composite) fell 4.2% to 5,688.574 points, marking its lowest level since December 2020.

Documents show the EU Council presidency on October 10 proposed slashing the European Union's 2028-2034 budget by 8% to 1.6 trillion euros. The European Commission had previously proposed 2 trillion euros for the same period.

According to USDD's official statement, on October 9, USDD sponsored and attended Cointelegraph CONNECT Singapore. USDD spokesperson Yvonne Chia participated in a panel discussion with executives from ether.fi, Mercuryo, and FinHarbor, exploring how stablecoins can integrate into everyday consumption through payment cards and digital wallets. USDD is a multi-chain, over-collateralized decentralized stablecoin currently deployed on TRON, Ethereum, and BNB Chain.

At TOKEN2049 Singapore Summit, USDD demonstrated strong momentum with its supply and total value locked (TVL) both reaching new highs of $1.68 billion and $2.39 billion respectively. The decentralized stablecoin's booth attracted significant engagement from attendees. USDD announced plans to unveil additional ecosystem partnerships and strategies during the event.

According to the unveiling at Microsoft's Windows event on October 8, Microsoft and NVIDIA announced major advances in AI PC development, with NVIDIA CEO Jensen Huang highlighting a new super chip combining two large-scale processors capable of 1 PFLOP of computing power. The collaboration extends beyond traditional PC hardware into AI agent architecture, with Microsoft CEO Satya Nadella introducing Microsoft Execution Containers (MXC) as an operating system-level security framework to isolate a

According to Guru Club, the U.S. Department of Agriculture raised its 2026 corn yield estimate to approximately 16 billion bushels on October 9, up 1% from last month, significantly exceeding Bloomberg's analyst survey projection of 15.73 billion bushels. Corn futures fell 6% intraday to 470.25 cents per bushel, marking the largest single-day drop in three years and the lowest level since August 11, before narrowing losses to around 4%. Agricultural equipment stocks declined broadly, with Deere

According to Guru Club, Singapore's benchmark index fell 1.2% on June 4, closing at 5,076.81 points.

According to Dyehome Group's (HK:189) announcement on October 9, subsidiary Dyehome Silicon Materials forecasts Q3 net profit attributable to parent company shareholders of 5.47-5.67 billion yuan, a more than 190-fold increase from 28.567 million yuan in the year-ago period. The disclosure drove Dyehome Group's stock to rise 3.29% to close at 10.99 Hong Kong dollars with trading volume of 240 million Hong Kong dollars, while Dyehome Silicon Materials hit the daily limit up following the earnings

According to Liquid247.xyz, Hyperliquid address 0xecb63c...2b00 currently holds 10,787.53 ETH short positions with a notional value of $26.91 million as of October 10. ETH was trading at $2,494.30 at time of reporting.

According to CoinGecko, Upbit's trading volume in the past 24 hours stood at $949 million, down 26.63% from the previous 24 hours. The top five trading pairs by volume were KAIA/KRW ($156.9 million), XRP/KRW ($64.84 million), DRV/KRW ($59.12 million), BTC/KRW ($46.72 million), and USDT/KRW ($38.71 million).

According to Odaily, blockchain ecosystem project CogniGrid (CG) will officially launch globally on October 12, 2026, with its AI quantification feature module launching simultaneously. The platform earlier announced that partner sales will close on October 10, followed by a data migration and system deployment phase through October 12. CogniGrid's ecosystem is designed to integrate intelligent computing power and AI quantification applications to advance the convergence of smart technology and

According to a PF Global poll conducted in early October and reported by The Hill and Politico, 26% of Trump's 2024 supporters believe Republican candidates would have better odds in November's midterm elections if they distance themselves from Trump. The survey of 2,001 respondents found 57% think the GOP should separate from Trump on Iran policy, 61% on economic issues, and 67% on immigration. Additionally, 44% reported their personal economic situation has worsened since Trump took office las

According to OpenAI's API pricing page and PANews, the gpt-rosalind-discovery model has been listed today (October 10) with pricing identical to gpt-rosalind-research: $5 per million input tokens and $25 per million output tokens. OpenAI has not yet formally announced the model. The gpt-rosalind-research version began billing on October 5.

According to ChainCatcher, a Hyperliquid whale trader holds 391.48 BTC short positions worth $32.36 million as of October 10, with an entry price of $82,863 and 13x leverage. The account maintains $7.19 million in equity, with a liquidation price at $99,801. The position has generated approximately $75,500 in profit to date, coinciding with the one-year anniversary of the major crypto market liquidation event on October 10, 2025. Hyperbot data shows the account has accumulated 4,726 trades with

According to ChainCatcher and on-chain intelligence platform Arkham, Grayscale's mini ETH ETF accumulated $103.3 million in net inflows over the past 20 days, while its legacy ETHE fund recorded $71.6 million in outflows during the same period. The divergent flows reflect a capital rotation from ETHE into the newer mini fund. Combined, Grayscale clients achieved net ETH purchases of approximately $31.7 million during this period.

According to Jefferies strategist Chris Wood, US hyperscalers' combined capital expenditure guidance of approximately $695 billion for 2026—projected to rise to $870 billion in 2027—faces severe headwinds from low-cost Chinese open-source AI models, which could trigger substantial capital destruction across the sector. Chinese AI models processed 36.39 trillion tokens during the week ending July 19, 2026, compared to 7.39 trillion for top US models, driven partly by pricing: Chinese alternatives

According to CoinDesk, Robinhood Chain's daily transactions fell more than 40% by mid-September, while daily fees plummeted 97% from $8 million in early September to approximately $230,000 by September 16. The network, which went live on July 1, 2026, saw the slowdown driven by cooling memecoin trading activity. Weekly memecoin volume on platforms such as Pons declined 37%, as appetite for high-gas transactions eased. Despite the pullback, decentralized exchange volume remained above $1 billion

According to ChainCatcher, digital asset treasury company Evernorth Holdings, Inc. completed its merger with Armada Acquisition Corp. II on October 10. The company is set to list on Nasdaq with ticker XRPN on October 12 and ring the closing bell on October 14. Evernorth holds approximately 473 million XRP and raised around $300 million in gross cash proceeds before transaction fees. Key investors include Arrington Capital, SBI Group, Ripple, Pantera Capital, Kraken, and GSR.

On-chain investigators traced approximately $86 to $93 million drained from over 300 wallets linked to Ledger hardware wallet thefts across Ethereum, Tron, and Bitcoin on October 9, 2026. According to Specter and MistTrack, the suspected perpetrator swapped roughly 14.6 million USDT into USDD via SUN.io to circumvent Tether's freezing controls, as USDD sits outside the stablecoin issuer's blacklist authority. Tether blacklisted over 20 addresses and froze approximately $10 million in USDT, yet t

ARPA surged 12.1% in the past hour, climbing from $0.01149 to $0.01288 on October 10. The cryptocurrency also posted a 14.59% gain over the past 24 hours, with trading volume reaching $774,956 during the period. Traders are monitoring key resistance near $0.013 and support around $0.011 as ARPA maintains upward momentum.