Gate Crypto Flash News and Market Updates

According to Coinglass data cited by ChainCatcher, $144 million in liquidations occurred across the derivatives market over the past 24 hours. Long position liquidations totaled $87.26 million, while short liquidations reached $56.74 million. Bitcoin accounted for $17.25 million in long liquidations and $11.24 million in short liquidations, while Ethereum saw $11.05 million in long liquidations and $5.02 million in short liquidations.

According to Jin10 Futures, at 09:30 Beijing time on October 7, NYMEX gold futures fell 0.19%, silver futures declined 0.16%, and copper futures rose 0.17%.

According to Jin10 Futures, as of 09:30 Beijing time on October 7, WTI crude oil futures rose 1.05% and U.S. natural gas futures gained 0.64%.

According to Bloomberg, Bridgewater Associates founder Ray Dalio warned on Tuesday, October 6, that the U.S. Treasury market could face increased volatility this year if China and Japan reduce their demand for American government bonds. Dalio noted that both nations are experiencing pressure: Japan, which invested heavily to support economic policies, now seeks to recover some of that capital, while China has no incentive to continue accumulating U.S. debt. He highlighted geopolitical tensions a

According to Tech in Asia, fintech firm Revolut plans to establish a wholly-owned subsidiary in the Philippines to provide digital banking and electronic money issuance (EMI) services. Officials from both Revolut and the Philippines Department of Trade and Industry (DTI) met in London on October 2 to discuss market access.

According to OKX, Solana broke below $120 today, trading at $119.99 USDT with a 24-hour decline of 0.87%.

According to Gate data, USD/JPY (USDJPY) breaks 158.5, now trading at 158.500, up 0.4% in 24 hours.

According to NBC News, U.S. President Donald Trump planned a phone call with Russian President Vladimir Putin on October 6 to discuss a suspected plague outbreak at a research institute in Siberia. The conversation agenda centered on a 28-year-old female researcher from the Irkutsk Vector State Research Center who died from unknown pneumonia. Trump reiterated his willingness to provide U.S. support, stating that America stands ready to assist any nation facing health challenges. Russian health a

According to Daily An, Meritz Securities and Ripple signed a strategic partnership on October 1 at Meritz Securities headquarters in Seoul's Yeouido district. The agreement was signed by Meritz Securities CEO Jang Won-jae and Ripple President Monica Long. The two companies will explore ways to apply Ripple's tokenization infrastructure and digital asset custody solution, Ripple Custody, to South Korea's capital market within the bounds of applicable regulations. Meritz Securities plans to gradua

According to the Wall Street Journal and New York State Comptroller Thomas DiNapoli, on October 6, the New York securities industry is projected to generate profits exceeding $90 billion this year, up significantly from $65.1 billion in 2025. Employee bonuses are also expected to reach record levels. Last year's total Wall Street bonuses reached $49.2 billion, marking the previous all-time high.

According to WSJ and New York State Comptroller Thomas DiNapoli, the securities industry in New York is forecast to post profits exceeding $90 billion this year, significantly surpassing last year's $65.1 billion. Employee bonuses are also expected to reach record levels, up from $49.2 billion last year. The surge is attributed to strong activity in AI investments, corporate mergers and acquisitions, and increased trading volumes amid market volatility. New York City's financial sector employmen

According to Apollo Global Management chief economist Torsten Slok, global bond yields could peak within one month, driven by potential Middle East agreements ahead of U.S. midterm elections and increased oil supply from major governments. Slok noted on October 6 that 84% of global bonds now carry yields above 3%, compared to just 12% in January 2022. He cited interest rate-sensitive sectors, particularly housing and automotive markets, facing mounting pressure from elevated rates, while growing

According to Yonhapinfomax, on October 7, South Korea's Ministry of Economy and Finance strengthened regulatory requirements for offshore investment banks conducting business within the country, mandating they obtain proper licensing and operate under the domestic supervisory framework to align with global standards. The move reflects concerns that unlicensed offshore institutions gain unfair competitive advantages through lower tax and compliance costs while licensed domestic firms bear full re

According to Foresight News, HTX DAO core supporter Justin Sun participated via video at the "Night of the Future" event held in Singapore on October 6, sharing insights on crypto industry trends and digital economy development. Sun emphasized that crypto and traditional finance are deepening connections, with stablecoins poised to play a larger role in global payments and settlement. He highlighted that blockchain technology enables asset tokenization and predicted increased demand for identity

According to Foresight News, Abstract, an Ethereum Layer 2 network, will shut down on December 15, 2026. Users must withdraw their assets by the deadline, as any remaining funds will become inaccessible. Assets can be migrated through the official migration center or the native cross-chain bridge. Abstract previously attracted over 400,000 users and hosted 144 applications. The project, developed by the Pudgy Penguins team, cited limited DeFi ecosystem activity and weak on-chain liquidity as fac

According to @SolanaFloor, Solana will reduce its slot time from 250ms to 200ms this week at epoch 1053. The upgrade completes a phased rollout originally initiated at 400ms, aimed at enhancing network efficiency and transaction speeds.

According to a CoinShares survey released on October 7, wealthy investors across the U.S., UK, France, Germany, Italy, Sweden, and Switzerland hold cryptocurrency averaging 10% of their portfolios. The survey covered 2,230 investors with investable assets of at least $500,000, with holding rates reaching approximately 70% in the U.S., UK, Germany, and Switzerland, and 54% in Sweden. Among investors already holding digital assets, at least 85% across five of the seven countries plan to increase t

According to Euanta Securities on October 7, South Korean power equipment manufacturers are expected to maintain strong earnings growth next year, with combined operating profit for six major firms projected at 5.46 trillion won, up 44.6% from this year's estimated 43.8% increase. The shift reflects Big Tech companies' transition from power consumers to direct equipment purchasers for AI data center operations. Hyosung Heavy Industries secured 386.5 billion won in ultra-high-voltage transformer

According to the Korea Institute of Certified Public Accountants' Accounting Policy Research Institute, the CPA Business Sentiment Index (BSI) for Q3 2026 reached 113 on October 7, indicating sustained economic expansion. The index, which exceeds 100 to signal economic improvement, was compiled from surveys of senior certified public accountants across South Korea. Q4 2026 BSI is also forecast at 113, suggesting the expansion trend will continue through year-end. The outlook reflects expectation

Mistral unveiled its Mistral Large 4 AI model on October 6, offering preview access to developers, cybersecurity leaders, and government authorities ahead of a broader release later in October. The model was trained over two months using 4,000 Nvidia Grace Blackwell GPUs in European data centers, with plans to release the model weights.