Gate Crypto Flash News and Market Updates

According to Treasury Secretary Scott Bessent, on October 5, the U.S. recorded "significantly" above 3% GDP growth in the third quarter and expects to sustain that momentum. Bessent emphasized the administration aims to lower the debt-to-GDP ratio and stated the goal is achievable "very, very quickly." Bessent also noted that core inflation has declined to approximately 2.3%. The comments came after the 10-year U.S. Treasury yield rose to 5.34%, marking its highest level since April 2002.

According to Houthi military spokesman Yahya Saree, the group launched dozens of strikes on October 6 against a gathering of Saudi-backed fighters in Lahij province in southern Yemen, claiming over 200 casualties on the opposing side.

According to Iran's MEHR News Agency, France's ambassador to Tehran was summoned to the Foreign Ministry today, October 6, over human rights concerns.

According to Goldman Sachs, the firm reiterated a Neutral rating and $360 price target on Tuesday, implying about 6% downside from current levels. The bank argues that Tesla's stock performance will hinge more on updates around Full Self-Driving (FSD), robotaxis, and Optimus humanoid robots than on near-term earnings. Croatia recently became the latest country to approve FSD (Supervised), and an EU-wide vote is expected in December. Tesla is also ramping up Optimus production at its Fremont fact

According to SolanaFloor, Solana perpetual futures platform Imperial completed a $1.5 million seed funding round with a $15 million valuation, led by Foundation Capital and supported by angels in the Solana ecosystem. The capital will be used to expand Imperial's product suite, including a perpetual contract aggregator, lending platform, and its flagship project Armada, which sources liquidity from platforms like Hyperliquid to enable traders to access deeper order books without leaving Solana.

The U.S. Global Supply Chain Pressure Index rose to 1.28 in September from 1.06 in August, reflecting increased supply chain tensions.

According to Coinglass data, if Bitcoin drops below $81,977, cumulative long liquidations on major centralized exchanges could reach $1.592 billion. Conversely, if BTC breaks above $90,167, cumulative short liquidations would reach $1.344 billion.

According to Axios, Wall Street firms earned $45.9 billion in the first half of 2026, a 51.3% increase compared to the same period last year. If growth continues at this pace, annual profits could exceed $90 billion, already surpassing the full-year 2026 forecast of $45.3 billion. Underwriting fees rose 68% in H1 2026 versus the same period last year, driven by a 76.5% increase in global equity issuance including the SpaceX initial public offering, and an 11.3% rise in debt issuance. Wall Street

According to Yonhapinfomax, the dollar index (DXY) fell 0.262% to 101.868 as of 7:38 a.m. ET on October 6, while the euro rose 0.355% to 1.12598 per dollar. The euro's rebound was supported by easing tensions in French bond markets following fiscal reform pledges from French National Rally leader Marine Le Pen, who committed to reducing net spending by 140 billion euros through 2032 and restoring fiscal balance within 18 months.

According to TRON DAO, on October 1, 2026, the organization moderated a panel discussion titled "More Assets, More Geos: How RWAs Are Eating the World" at Korea Blockchain Week 2026 in Seoul. The panel, hosted on the BitGo Stage, brought together Francesco Fabracci (Tether), Chef Kids (Pancake Swap CEO), and Brian Smith (Jito Foundation) to discuss tokenization expansion across asset classes and markets. TRON DAO Research Manager Sam Reynolds noted that "stablecoins have already demonstrated the

At the OKX NOW event in Singapore, Ethereum co-founder Vitalik Buterin predicted that traditional on-chain applications may diminish over the next two years as the platform enhances transaction cost efficiency, improves privacy capabilities, and integrates artificial intelligence. Buterin emphasized that AI integration could transform how blockchain interactions are processed, with bots potentially handling an increasing share of on-chain transactions, leading to more streamlined and user-friend

According to BlockBeats, on October 6, Binance co-founder He Yi disclosed in an AMA session that she was pregnant during a Hong Kong event earlier this year but experienced a miscarriage due to excessive fatigue. She added that she has since become pregnant again and continues her daily work without reduced hours.

Canada's Ivey Purchasing Managers' Index (unadjusted) declined to 61.9 in September from 62.7 in the previous month.

According to TD Securities data, money market fund net inflows into U.S. short-term Treasuries fell to $158 billion in the first three quarters of 2026, compared to $823 billion for the full year 2025 and $840 billion in 2024. The slowdown has reduced demand support for short-term debt, pushing yields higher. As of late August, the three-month Treasury yield exceeded the comparable overnight index swap by nearly 10 basis points, reflecting investors' demand for higher compensation to hold typica

Canada's seasonally adjusted Ivey Purchasing Managers' Index declined to 58.2 in September from 64.3 in the prior month.

According to MSX.COM data, U.S. equities opened higher today. The Dow Jones Industrial Average rose 0.32%, the S&P 500 advanced 0.56%, and the Nasdaq Composite climbed 0.71%. AI-related stocks gained broadly, with Astera Labs leading at 5.67%, followed by AMD up 2.83%, Dell up 2.31%, CrowdStrike up 2.24%, and Marvell up 2.11%.

According to Odaily, Strive's SATA has launched a Bitcoin accumulation campaign this week, acquiring over 450 BTC through newly raised capital. STRC token is approaching the $100 mark.

According to the Israeli Prime Minister's Office, the government issued an official travel warning on October 6 via social media, urging Israeli citizens abroad to heighten security awareness ahead of the three-year anniversary of the October 7 conflict. The advisory calls for vigilance against potential attack risks and protest activities.

According to Central 1 Credit Union, the Bank of Canada is expected to raise rates only twice in its current hiking cycle, with the first rate increase delayed until early 2027. Economist Bryan Yu noted that Canada is currently facing significant uncertainty, with rising U.S. Treasury and Canadian bond yields, tariff concerns, and volatile oil prices complicating policy decisions. Core inflation remains near the 2% target, while the higher bond yields may dampen the housing market recovery.