Gate Crypto Flash News and Market Updates

According to BlockBeats, on October 4, Liquid Capital founder Yi Lihua stated he maintains a bearish outlook on Bitcoin while refraining from opening short positions. Yi noted that after closing long positions at $86,000, the market has repeatedly attempted to trap buyers. He plans to remain inactive rather than attempt to profit from speculation or catch every rally. If Bitcoin breaks below $82,000, Yi expects potential support levels at $79,000, $75,000, and $71,000. Alternatively, he suggeste

According to NH Investment & Securities analyst Ha Jae-seok, while S&P 500 earnings are projected to increase 32% this year, rising interest rates and heavy AI investment expenses are creating headwinds for investors. U.S. Treasury 10-year yields have surpassed 5%, a key risk factor that increases capital costs for hyperscale tech companies with large AI spending commitments. Cash flow-focused ETFs—such as COWZ, VFLO, FLOW, and QOWZ—offer lower sensitivity to AI investment cycles compared to the

According to Foresight News citing Bitget data, Beam (BEAM) touched a high of $0.00288 USDT today, trading at $0.00285 USDT as of the latest update, up 35.12% over the past 24 hours.

According to CNBC, Cerebras stock closed at $166.43 on Friday, Oct. 2, down 19.5% from the prior week's $206.75, falling 10% below the $185 IPO price from May 14. The decline marks the lowest regular-session close since the company's debut. The sell-off followed SemiAnalysis' report that OpenAI's GPT6.1 Sol Ultrafast is running on Nvidia GPUs at low batch size rather than on Cerebras systems. Sam Altman posted after hours Friday, stating Cerebras is a close partner with deep engagement on speed,

According to South Korea's Financial Supervisory Service, seven financial institutions were targeted by AI-powered attacks on October 4, with hackers extracting customer information through web queries rather than direct database breaches. The rapid and repetitive attack pattern suggests the use of the ARTEX tool, an open-source AI penetration testing framework developed in China. The attacks affected KB Kookmin Bank, Shinhan Bank, Hana Bank, Busan Bank, Yegareum Savings Bank, Welcome Savings Ba

According to data compiled by Samsung, Mirae Asset, and Korea Investment Securities on October 4, ultra-high-net-worth individuals in South Korea (with financial assets exceeding 500 million Korean won) significantly adjusted their overseas stock portfolios in the third quarter. The wealthy reduced holdings in the Magnificent 7 tech stocks, with top selling positions including NVIDIA (-161.4 billion KRW), Tesla (-106.3 billion KRW), and Microsoft (-101.1 billion KRW). Instead, capital flowed int

According to KOSCOM ETF Check, KODEX WTI Crude Oil Futures (H) ETF recorded the highest return of 35.22% among Korea-listed ETFs from July 1 to September 30, 2026. WTI crude oil prices rose 30.10% during the period, climbing from $69.50 per barrel in late June to $90.42 by month-end September. Among inverse dollar-focused ETFs, three 2X leveraged products also posted strong gains: KODEX US Dollar Futures Inverse 2X returned 31.01%, TIGER US Dollar Futures Inverse 2X rose 30.80%, and KIWOOM US Do

According to Houthi forces, Saudi Arabia launched airstrikes against Jouf province in Yemen on October 4. The Saudi government has not yet responded to the claims.

According to GMGN data, Super Inu (SI) on the Solana blockchain surged 22.12% in 30 minutes on October 4, with market capitalization breaking $45.52 million. The rally was partly attributed to Elon Musk's statement that he would no longer use the term "AI," preferring "SI" instead.

According to PANews, Justin Sun posted 'All is well' on X on October 4, seemingly responding to community rumors. The rumors had claimed that Sun was shot in Dubai and was rushed to a hospital for emergency treatment.

According to Meta AI researcher Bi Shu-chao, the company's Muse Spark 1.1 and 1.2 models recently helped mathematicians make breakthroughs in six open-ended research areas: group theory, partial differential equations, high-dimensional probability, arithmetic physics, optimization theory, and evolution algebra. Unlike traditional AI math benchmarks, these achievements involve solving previously unsolved problems rather than answering known questions. In group theory, Muse Spark assisted research

According to South Korean financial authorities, seven financial institutions faced coordinated hacking attacks starting September 28, resulting in personal information leaks. The compromised entities included four banks (Shinhan, Hana, KB Kookmin, Busan), two savings banks (Yegaram, Welcome), and one capital company (Hyundai Capital). The attacks targeted externally exposed systems, particularly mobile pages used by employees and loan officers. President Lee Jae-myung ordered a thorough investi

According to the UK's largest breakdown recovery service, diesel prices in Britain reached 2 GBP per liter (approximately 17.75 Chinese yuan) on October 2, surpassing the previous record set in June 2022.

According to ChainCatcher and GMGN data, Solana-based meme coin SI surged past $50 million in market cap overnight, currently trading at $47.02 million with a 1-hour gain of 28.61%. The surge follows Elon Musk's post on X stating 'No more AI, SI, It's better,' referencing super intelligence over artificial intelligence.

According to Korean Economic Daily analysis of portfolios from three major South Korean securities firms, ultra-high-net-worth investors with financial assets exceeding 1 billion won sold 1.6 trillion won in Samsung Electronics and SK Hynix shares during the third quarter, realizing gains amid increased market volatility. Samsung Electronics saw net selling of 864.8 billion won, while SK Hynix saw 718.9 billion won in net selling. Instead, these investors shifted to dividend-yielding preferred s

On October 3, Bitwise CEO Hunter Horsley disclosed he had purchased the Bitwise NEAR ETF personally, without specifying the amount. The announcement came as the fund's third trading day saw net inflows of approximately $9 million, following investor purchases during NEAR's recent market pullback.

According to Bitcoin.com News, listed bitcoin miners reduced 75 EH/s of hashrate in the first half of 2026, corresponding to approximately $1.5 billion in equipment investment based on a unit price of $20 per TH/s. The primary driver was reallocation of power resources to AI infrastructure. Among 12 enterprises surveyed, cumulative asset write-downs and impairment charges totaled roughly $1.1 billion during the same period, with IREN and Core Scientific accounting for approximately 89% of losses

According to analyst Darkfost, Bitcoin's price following a power law model oscillator reached +34.5 on October 3, with BTC trading around $84,700. Based on the model's current parameters, an oscillator level of +100 corresponds to a Bitcoin price of approximately $157,800, representing an 86% increase from the current level. Darkfost clarified that $157,800 is not a fixed target price but a reference level derived from current regression parameters. If the power law trend line continues to rise,

According to Hyperliquid News, decentralized trading platform trade.xyz has surpassed 2 billion total trades, with 1.0344 million transactions being liquidations.

According to Yonhapinfomax, the euro weakened to 1.12545 USD last week ending October 2, down 1.21% from the previous week and marking its lowest level since May 2025, amid mounting concerns over France's fiscal crisis. The U.S. dollar index climbed 0.88% to 101.925, reaching its highest since April 2024, as investors shifted toward safe-haven assets. The euro's decline reflects growing uncertainty around the European Central Bank's policy stance, as ECB officials signal potential difficulty in