Gate Crypto Flash News and Market Updates

According to Decrypted, Bitcoin rose to $85,598 intraday on September 30 following the release of U.S. August PCE data, which came in at 3.4% year-over-year, below the expected 3.7%. Core PCE also undershot forecasts at 3.0% versus 3.3% projected. The lower-than-expected inflation figures eased concerns over further Federal Reserve rate hikes, boosting demand for risk assets like Bitcoin. As of October 1, 3:40 p.m. KST, Bitcoin traded at $84,120, up 1.33% on the day, according to CoinMarketCap.

According to Kim Young-ik, professor at Sogang University's Graduate School of Economics, South Korea's economy is entering a contraction phase. On October 1, Kim analyzed August industrial activity data released by the National Statistical Office, noting that the Leading Composite Index peaked in July and declined in August. Production, consumption, and capital investment all fell month-over-month. Kim warned that stock market adjustments are likely in the near term, with KOSPI (South Korea's m

On October 1, the spread between French 10-year government bond yields and comparable swap rates reached a historic high of 126 basis points, reflecting heightened borrowing costs relative to market swap rates.

According to the U.S. Treasury Department, on October 1, the department will conduct a liquidity buyback operation for up to $6 billion in Treasury notes with 10-20 year maturities.

The International Monetary Fund will establish a creditor committee for Senegal next week, according to an IMF statement. The committee will coordinate negotiations and restructuring efforts related to Senegal's debt obligations.

In the past hour, ALICE surged 10.74% to $0.1876, with trading volume reaching approximately $1.66 million. Over the past 24 hours, the token climbed 14.04% from an opening of $0.1694, hitting a daily high of $0.1876 and a low of $0.1606, reflecting heightened market engagement with My Neighbor Alice.

According to Chainlink, on September 30, 2026, the company launched Fulcrum, a platform designed to enable institutions to manage collateral and coordinate financing agreements across public and private blockchains. Fulcrum separates financing agreement venues from settlement networks, allowing financial firms to mobilize tokenized collateral and access liquidity without creating separate integrations for each transaction. The platform combines Chainlink's Runtime Environment (CRE) for coordinat

According to Reuters, on October 1, Nvidia's $500 billion AI infrastructure financing plan is facing scrutiny from Wall Street banks and credit investors over GPU collateral durability and valuation, with lenders demanding stronger guarantees than originally proposed. The dispute centers on how long AI chips can generate revenue: Nvidia claims its high-end GPUs can operate productively for up to 10 years, while banks use conservative assumptions of 3-4 year depreciation cycles. Existing financin

According to BlockBeats, SVRN, the treasury company linked to NEAR, fell over 20% during U.S. trading on October 1, trading at $39.49 per share on BIT (bit.com). Meanwhile, light communication concept stocks surged, with LITE and COHR gaining nearly 10% each.

According to ChainCatcher, Stacks co-founder Muneeb Ali announced on X that he will become Stacks Labs CEO. STX rose 10.9% in the past 24 hours following the announcement. Ali stated his confidence in STX is at an all-time high, and the team will increase investment in Bitcoin capital markets development following the successful launch of Bitcoin staking.

According to Yonhap Infomax, U.S. stock indices fell on October 1 amid persistent Treasury yield pressure, with the Dow Jones Industrial Average dropping 207.14 points (0.41%) to 50,698.91. The S&P 500 declined 11.64 points (0.15%) to 7,639.90, while the Nasdaq Composite slipped 1.62 points (0.01%) to 26,859.45. Micron Technologies reported record quarterly revenue of $54.23 billion for the fourth quarter of fiscal year 2026, nearly five times higher than the prior-year period ($11.32 billion) a

According to Barclays analyst Tom O'Malley, Nvidia's hyperscaler revenue could reach $401 billion in 2027, significantly above the firm's previous $370 billion estimate. O'Malley's calculation, based on Nvidia's shared IT capital spending data, projects Nvidia's market share at 44% among hyperscalers in 2027. The analyst notes that SpaceX was excluded from the capex comparison, suggesting the actual opportunity could be even larger if included in the calculation.

According to Citi Group, the brokerage reiterated a buy rating on SanDisk (SNDKV-US) with a $2,100 price target following Micron Technologies' (MU-US) latest quarterly earnings. Micron's NAND revenue surged 42% quarter-over-quarter, with prices rising 30%, exceeding market expectations of 20%. Micron management projected that 2026 NAND supply growth would trail overall industry expansion. The chipmaker also signed 10 new supply chain agreements, with some contracts extending beyond 2030, undersc

According to Cboe's announcement, Cboe and Robinhood plan to launch binary KPI contracts on 23 US-listed stocks in October, with Robinhood becoming the first retail broker to distribute them. The contracts will allow investors to take yes-or-no positions on corporate key performance indicators such as revenue, subscriber growth, and deliveries, rather than betting on share price movements. The October rollout remains subject to regulatory approval, and the complete company list and contract spec

According to the U.S. Department of Labor, weekly jobless claims for the week ended September 26 came in at 197,000 (seasonally adjusted), slightly below market expectations of 200,000. The four-week moving average, which smooths volatility, declined by 2,500 to 200,000, indicating a modest improvement in labor market conditions.

According to StockTwits, Corteva (CTVA) shares crashed 83% to an all-time low on Thursday as the agricultural company completed the spin-off of its seed and genetics division, Vylor (VYLR). Shareholders received one Vylor share for every Corteva share held as of September 24; the spin-off erased more than $42 billion from Corteva's market capitalization. Vylor began trading Thursday under ticker VYLR with a $19 billion technology pipeline, opening at $66 and trading near $70. Corteva now operate

According to Castle Labs, the trading volume share of on-chain perpetual futures decentralized exchanges (DEX) in the global perpetual futures market surged to 12.33% in September 2026, up from 0.11% in January 2023.

According to CEO Sanjay Mehrotra on Thursday morning earnings call, Micron Technology cannot fulfill customer demand, with supply remaining tight through 2028. More than 75% of the company's 2027 output is already committed to long-term customer agreements. Mehrotra noted that agreements extend into the 2031 time frame, giving Micron "tremendous visibility, certainty of demand" and confidence for manufacturing investments. The company also guided for an 86.35% gross-margin outlook.

According to GMX, the protocol is sponsoring Arbitrum's Open House Singapore, featuring an online Buildathon running until October 4 with approximately $415K in prizes and grants. The initiative includes both an online Buildathon component and an in-person Founder House, providing developers an opportunity to explore GMX's open markets and decentralized trading platforms. Participants can showcase projects and potentially receive funding as part of Arbitrum's global founder program aimed at prom

OpenZeppelin announced on September 24, 2026 that its smart contract libraries and secure development suite are now available for the TRON network. The integration provides developers with audited contract components, secure upgrade tools, and the Contracts Wizard—enabling them to build tokens, access control, governance, and evolving applications with built-in security checks and AI-assisted development support. The offering is designed around TRON's specific network capabilities and includes a