Gate Crypto Flash News and Market Updates

According to Reuters surveys, if Brazilian President Luiz Inacio Lula da Silva wins the first round of voting on Sunday (October 4), the Brazilian real is expected to immediately decline 1.5% against the U.S. dollar to reach 5.30.

According to Guru Club, European diesel futures fell to intraday low near $1,350 per ton on October 2.

According to Guru Club, President Trump announced on October 2 that Europe has agreed to release substantial diesel inventory, with the process set to commence immediately.

According to KuCoin, the digital credit market reached $16 billion in size in less than two years, expanding from near-zero roughly two years ago. The market encompasses products that allow investors to gain Bitcoin-linked yield exposure without directly holding the cryptocurrency. Strategy's STRC token, one of the sector's most visible products, offers a 12% annualized dividend paid bi-monthly. However, the market faced volatility in June 2026, when STRC shares fell nearly 29%, forcing Strategy

According to Yonhap Infomax, the USD/KRW exchange rate fell to 1,347.20 won on October 2, down 11.20 won from the previous close as of 9 p.m. New York time. The pair traded in the lower 1,340-won range in the New York session. Weakness in the broader U.S. dollar across Asian markets and offshore selling pressure contributed to the decline.

According to Wedbush analyst Alicia Reese, AppLovin (APP) stock hit a 17-month low on Friday (October 2) after a San Francisco court denied its request for a temporary restraining order against Unity's Ad Quality SDK. Shares fell 9.5% this week and are on track for a ninth consecutive session of losses. Reese noted that Unity's advertising business is gaining traction, with Vector revenue up 23% sequentially in Q2 and Strategic Grow revenue up 63% year-over-year. She flagged this as a competitiv

According to Delphi Digital analysis, perpetual contracts cleared $39 billion in volume over the last 30 days, significantly outpacing tokenized stocks' $9.7 billion traded on decentralized exchanges. The disparity underscores mounting pressure on tokenized stocks to attract long-term holders and establish stronger market footing against perpetual contracts' growing dominance in leveraged trading.

According to Foresight News, Suilend will discontinue its STEAMM token issuance product, with the product homepage shutting down on October 5. Existing positions will remain accessible through Suilend, and users can withdraw their assets at any time.

White House National Economic Council Director Hassett stated on October 2 that the U.S. does not intend to rely on inflation to reduce debt, and current interest payment levels are unacceptable. He emphasized that the president is serious about deficit reduction and noted the situation inherited from Powell is highly unusual. Hassett attributed the recent rise in U.S. Treasury yields to strong economic growth, expressing respect for the Federal Reserve's independence. He highlighted that U.S. c

U.S. durable goods orders excluding transportation fell to a month-on-month reading of 0.2% in August, according to the latest data. The initial estimate had been 0.3%, marking a downward revision of 0.1 percentage points.

According to data released in August, U.S. factory orders excluding transportation came in at 0.3% month-over-month, missing the forecast of 0.6%. The previous month's figure was also revised upward to 0.7% from the initially reported 0.6%.

According to French President Emmanuel Macron, the Group of Seven has decided to release up to 100 million barrels of diesel and crude oil inventories within the next four months.

U.S. factory orders rose 0.1% in August, matching economist expectations. The Commerce Department simultaneously revised July factory orders to 0.8% from an initially reported 0.9%.

U.S. factory orders excluding transportation increased 0.3% in August, falling short of the 0.5% forecast and down from 0.6% growth in July, according to the Commerce Department data.

According to MSX.COM data, U.S. stocks rose at the opening on October 2, with the Dow up 0.62%, S&P 500 up 0.85%, and Nasdaq up 1.21%. The VIX fear index fell 4.64%. AI concept stocks led gains, with OnSemi surging 6.46%, Arm up 5.1%, Marvell up 3.79%, CoreWeave up 3.33%, and Oracle up 3.06%.

In August, U.S. durable goods orders were revised downward to -0.1% month-on-month, compared with the initial estimate of 0%, according to official data. The downward revision indicates a contraction in orders for long-lasting manufactured goods during the month.

According to Gate data, USD/JPY (U.S. dollar against Japanese yen) rebounded briefly to 157.5 on October 2, currently trading at 157.516. The pair declined 0.3% over the past 24 hours.

According to MSX data, QQQ hit an intraday high of $752.21 today, up 1.22%.

According to Odaily, World Liberty Financial (WLFI) announced on X that staking of WLFI tokens has reached approximately 15.11 million as of now. The project's reward pool has completed a $1.25 million USD1 injection, with additional staking rewards to be added every two weeks, with on-chain data available for verification.

According to Odaily, decentralized privacy trading platform Titan has launched its testnet on Canton Network. Users on the waitlist will gain early access to the mainnet in the coming weeks.