Gate Crypto Flash News and Market Updates

According to BlockBeats, SOL broke through $120 on October 6, trading at $120.03 based on HTX market data. The asset's 24-hour decline has narrowed to 0.24%.

According to Financial Times, ICE launched precious metals futures contracts in London this week, including gold, silver, platinum, and palladium. The contracts are linked to London daily auction prices, representing the latest effort to introduce derivatives trading in the global physical bullion center.

According to Arkham, LayerZero repurchased $347,000 worth of ZRO tokens on October 6, 40 minutes ago, bringing its total buyback to 2.538 million ZRO worth approximately $5.4 million. ZRO price rose above $2.13, approaching the $3 resistance level.

The Korea Financial Investment Association (KOFIA) was reelected as a board member of the International Investment Funds and Alternatives Association (IIFA) on October 5-6, according to its official statement on October 6. KOFIA is attending the 39th IIFA annual conference in Toronto, where it will share the Korean asset management industry's experience in investor education and market practices. Over the next two years, KOFIA will participate in IIFA's board and working committees on sustainabi

According to The Block, Canary Capital announced on October 6 that it will launch a Staked INJ ETF (ticker: INJC) soon. The product is designed to provide investors with INJ token exposure while generating returns through staking mechanisms. Injective Foundation separately unveiled its Trench Treasury, a new ecosystem support program aimed at funding projects built on Injective and rewarding active community contributors.

According to research firm SemiAnalysis, OpenAI recently halved token allocations for its Pro plan's flagship models GPT-6 Astra and GPT-6.1 Sol, despite announcing a 50% speed increase. OpenAI executive Tibo promised daily updates for 28 consecutive days, first addressing users' speed complaints by raising output tokens per second from 30 to 50, effective within two hours. SemiAnalysis found that Anthropic's Claude Opus 5.5—its daily-use flagship model—offers approximately 5 times more API-equi

According to Zhitong Finance, the Hang Seng Index rose 0.78%, or 188 points, to close at 24,228 on October 6. The Hang Seng Biotechnology Index surged 2.98% to 16,729 points, marking a new year-to-date high, while the Hang Seng Innovation Pharma Index climbed 2.6%. Morning turnover reached 54 billion Hong Kong dollars.

According to PANews, at the OKX NOW global summit on October 6 in Singapore, OKX Vice President Thomas showcased the platform's strategy to unify trading experiences across crypto and traditional finance. OKX has already launched TradFi perpetual futures, Pre-IPO perpetual contracts, and tokenized equity trading, enabling 24/7 access to stocks and commodities. The platform plans to introduce traditional finance asset options and launch X-RWA, a tokenized equity product offering direct access to

According to SEC filings, Coinbase (COIN) director Marc Andreessen sold 20,514 shares on October 1 at an average price of $190.12 per share, totaling approximately $3.9 million. Following the transaction, his direct shareholding decreased to 1,111,540 shares.

According to Al Jazeera, the United States and nine other countries from North America, Central America, and South America issued a joint statement on October 6 condemning "terrorist acts and other malicious influence operations carried out by Iran and its 'terrorist proxy' in this hemisphere." The statement, released by the U.S. State Department and supported by Argentina, Canada, Colombia, Costa Rica, Dominican Republic, Guyana, Paraguay, Peru, and Trinidad and Tobago, was issued following the

According to Japan's Ministry of Finance, the coupon rate for newly issued 10-year government bonds was raised to 3.1% on October 6, up from 2.7% at the previous September auction. The rate marks the highest level in approximately 30 years. The 10-year bond yield was trading at 3.1193% as of mid-morning, up 2.13 basis points from the previous trading day.

The US Dollar Index rose to 102.13 today, posting a 0.02% gain intraday.

According to Jin10, Vietnam's 18 liquefied natural gas power generation projects have fallen severely behind schedule, with only 1 of the 18 expected to complete on time as of October 6. The projects, totaling over 20 gigawatts in planned capacity, have seen 16 investors selected but only 2 projects have begun construction, according to statements from Vietnam's Minister of Industry and Trade Ly Meng Hung and Deputy Minister Trang Thanh Hai at a government meeting last week. The delays threaten

According to Virtuals Protocol, the AI-powered crypto investment app Virtuals App entered closed beta testing on October 6. The app integrates personal AI, an embedded wallet, and market access, allowing users to discuss investment ideas in group chats, research assets, and execute trades. The iOS closed beta currently requires an invitation code to access.

LIT's price plummeted 62.56% in just one hour, falling from a recent high of $0.36976 to $0.136472, amid heightened selling pressure across the crypto market. The token's market cap now stands at approximately $6.16 million, with a 24-hour trading volume of $24,375. The sharp decline raises concerns about price sustainability as buying interest remains weak.

According to a Capital Market Research Institute report released on September 22, perpetual futures linked to South Korean stocks including SK Hynix surged to $176 billion in cumulative trading volume from February to August across 11 offshore digital asset exchanges. SK Hynix-linked products accounted for approximately $161 billion or 92% of the total, while Samsung Electronics generated $14.4 billion and Hyundai Motor $530 million. Some products offered maximum leverage of 50 times. The report

According to South Korea's Foreign Minister Jo Hyun (via Yonhapinfomax), on October 6 the government received an apology message from Ukraine's foreign minister regarding the North Korean prisoner of war repatriation incident. However, Jo stated that the apology falls short of expectations and Seoul plans to take firmer countermeasures. He told a parliamentary hearing that he is reviewing options, including recalling South Korea's ambassador to Ukraine.

According to Yonhap Infomax, South Korea's Deputy Minister of Finance Kwon Dae-young announced on October 6 that the Financial Services Commission has finalized its decision to approve leveraged exchange-traded funds (ETFs). During a parliamentary hearing, Kwon apologized for the market impact, stating the FSC carried "a heavy heart" about the policy consequences and expressed regret that efforts to ease regulatory asymmetry resulted in losses to citizens.

According to an announcement shared with Cointelegraph, OKX has launched OKX Money, a stablecoin savings and payments app, in parts of Latin America, Africa, South Asia and the Middle East. The app allows users to fund accounts using more than 50 supported currencies, with deposits converted into dollar-backed stablecoins. Qualifying customers can earn annual percentage yield (APY) of up to 10% on eligible USDG balances, and can hold USDG, USDC or USDT, send funds and spend with virtual or physi

According to its October 6 statement, MDI Ventures, the corporate venture capital arm of Indonesian telecoms company TelkomGroup, updated its Southeast Asia investment thesis to focus on AI, blockchain, and digital assets. The firm identified Singapore as its main market and plans to back startups in enterprise AI applications, AI infrastructure, governance software, real-world asset tokenisation, institutional custody, and regulated digital asset infrastructure.