Gate Crypto Flash News and Market Updates

According to Musk's statement on X early Friday (October 2), SpaceX stock climbed 1% in overnight trading after CEO Elon Musk announced a potential milestone with Nvidia's AI hardware. Musk said the company could run its Nvidia VR72 system at an average power level of 250 kilowatts, with peak power reaching approximately 275 kilowatts—representing 10% to 25% above typical industry averages, according to space investment firm Mach33 founder Aaron Burnett. Musk credited the achievement to SpaceX's

According to Financial News, Neuberger Berman completed its acquisition of Schroders on October 1 (local time), creating an asset manager with $2.6 trillion in assets under management. The combined entity now ranks in the global top 10 across three major investment categories: active equities, active bonds, and private markets. It operates across over 40 markets worldwide, offering both public and private investment solutions. The combined firm plans to restructure its $400 billion private marke

According to PANews, payment infrastructure platform Walapay announced the completion of a $4.6 million seed round on October 2, led by Gen Venture Capital with participation from Commerce Ventures, Polygon, and other investors. The funds will be allocated toward obtaining additional licenses, expanding banking partnerships, and scaling its team.

Japan's 10-year government bond yields reversed their previous downtrend today, rising by 0.5 basis points to 3.100%.

According to the Swiss Academy of Sciences, Switzerland's glaciers lost nearly one-fifth of their total ice volume over the past five years, marking an accelerating retreat. On October 1, the academy cited data from the Swiss Glacier Monitoring Network showing that glacier ice declined by 5.5% in 2026, the second-largest annual loss on record after 2022. Average glacier thickness decreased by 2.5 to 4 meters, with some glacier tongues experiencing ice loss exceeding 10 meters during the summer m

According to Coinglass data, 74.2018 million USDT were transferred from Binance to an unknown wallet on October 2 at 1:40 PM UTC.

According to Glassnode, the seller liquidity wall above Bitcoin disappeared on October 2. Buyers broke through the $85,000 resistance level overnight, which had been tested multiple times over the preceding week without success. Glassnode noted that remaining sell orders have also been withdrawn, indicating reduced seller liquidity above current BTC price levels.

France's finance minister recently noted that the country's sovereign debt issuance has progressed well, but acknowledged that interest rates remain elevated. The minister stated that the government's budget plan is expected to help drive down borrowing costs in coming months.

According to Yonhapinfomax, on October 2, South Korean President Lee Jae-myung demanded that Ukraine acknowledge facts and offer a public apology regarding its disclosure of North Korean prisoners' repatriation, warning of further measures if the country refuses. Lee stated that Ukraine had violated a confidentiality agreement by unilaterally publicizing the matter and accused the country of making the South Korean president appear as a liar. He emphasized strong regret over Ukraine's actions, s

According to TASS, Russian President Vladimir Putin warned on October 1 that Russia would consider using all available weapons, including nuclear weapons, if the West threatens Kaliningrad. Speaking at the Valdai Forum in Moscow, Putin stated: "If attacks on Kaliningrad and other Russian territories occur, we will inevitably discuss the use of all weapons we possess. This is unavoidable." Putin emphasized that Russia possesses unique military capabilities and is prepared to defend its territory.

According to South Korea's Financial Supervisory Service (FSS), on October 2, registered private equity fund managers surged to 430 from 273 in late 2021, prompting escalating concerns over regulatory compliance. The FSS held a CEO briefing session with about 170 fund managers, citing the sector's rapid expansion and small operational scale—averaging just 14.4 employees per firm—as drivers of recurring violations and investor protection gaps. FSS official Seo Jae-wan stated that despite prior gu

According to Financial News, South Korea's KOSPI index rose 0.05% to 6,974.94 points as of 2:30 PM on Oct 2, approaching the 7,000 mark after climbing to 6,999.27 during intraday trading. The KOSDAQ index declined 0.48% to 890.02 points on the same day.

According to Bitget, the exchange has distributed the first batch of rewards from its referral program, delivering 1,907,455 USDT to 763,543 users within three days. The campaign runs through October 26, with Bitget allocating 30% of platform trading fees to a dedicated reward pool offering trading incentives, asset rewards, and VIP benefits.

According to MarketDeepDive, South Korea's semiconductor supply chain companies have dominated the KOSDAQ index recently, with six firms—including Juseung Engineering, Wonick IPS, IOTech, and Lino Industrial—breaking into the top 10, a sharp reversal from earlier this year when none ranked in the top 10. The rally was triggered by Micron's announcement of increased capital expenditure combined with Samsung and SK Hynix's major fab expansion plans. Market analysts distinguish two beneficiary prof

According to T. Rowe Price portfolio manager David Clewell, Japanese stocks appear attractive, especially when the U.S. dollar trades above 152 yen per dollar. The 152 level holds significance as it aligns with the exchange rate assumptions that Japanese companies adopted in the Bank of Japan's quarterly Tankan survey. When the yen weakens below this threshold, it could drive the market to raise profit expectations for Japan's export-oriented companies.

According to CEO Gracy Chen in a CNBC interview, approximately $1.1 million of the nearly $388 million stolen from crypto exchange Bitget in last week's cyberattack has been frozen. Chen said the frozen assets had not necessarily been returned to the exchange and noted she was "not expecting to recover a lot of funds," citing limited recovery rates from previous cryptocurrency exchange hacks. Bitget's protection fund was restored to above $300 million following the theft, down from its pre-hack

Dogecoin launched its DogeOS public testnet on September 30, introducing Ethereum-style smart contract functionality to expand the blockchain's ecosystem beyond payments and transfers. The platform aims to enable developers to build decentralized applications, including decentralized finance services, gaming platforms and digital marketplaces on Dogecoin infrastructure. Ethereum compatibility is designed to lower barriers for developers already familiar with smart contracts and decentralized app

Citi set 12-month price targets of $113,000 for Bitcoin and $3,028 for Ether, according to the bank's latest digital-asset outlook. With Bitcoin trading around the low-$80,000 range entering October, the $113,000 target implies upside of roughly 35% to 40% from current levels. Citi's framework emphasizes Bitcoin's growing institutional accessibility through spot ETFs and its fixed supply of 21 million BTC, while assigning more modest upside to Ether due to its more complex valuation dynamics tie

According to Nomura economist Jeong Woo Park on October 2, South Korea's strong chip-driven exports have not yet transmitted to wages, consumption, or service inflation. While robust export growth increases upside risks to economic growth and reinforces the Bank of Korea's hawkish policy stance, weak labor markets, declining real wages, and sluggish consumption suggest the positive effects of chip exports are not yet spreading to the broader economy. Policymakers are expected to raise rates by 2

The Hyperliquid Policy Committee has submitted feedback to the European Commission on the future development of the Markets in Crypto-Assets Regulation (MiCA), addressing how European rules should treat decentralized protocols that operate without centralized intermediaries controlling users' funds or transaction execution. The submission highlights a key regulatory gap: MiCA was primarily designed for identifiable exchanges and crypto-asset service providers, but decentralized finance (DeFi) pr