Gate Crypto Flash News and Market Updates

According to Truist analyst Brian Foran, the financial sector's relative performance in September hit its worst level since 1990. In a report, Foran noted that this extends a bear market that began in April 2025, comparing the current weakness to the internet bubble era: "what's unusual now is that earnings revision expectations are actually positive," he wrote. Major banks are set to report Q3 results starting October 13, with JPMorgan and other leading lenders providing updates on industry con

According to a securities filing on September 30, Nubank denied pursuing an acquisition of British digital bank Monzo, moving to shut down takeover speculation. The Brazilian fintech's shares had fallen 10% on Monday following reports of preliminary discussions valuing Monzo at £8 billion to £10 billion, but rebounded 2.5% on Wednesday and 6.6% in after-hours trading to close at $12.66. Monzo's valuation in the reported deal represented a significant premium to its £4.5 billion valuation from an

According to Bitwise, Chief Investment Officer Matt Hougan held a live discussion on X today covering Q4 market outlook and insights on $BSOL, the first spot Solana staking ETF. $BSOL has gained approximately 5.70% over the past week, outperforming the broader crypto market's 1.30% gain. The discussion emphasizes developments in the ETF landscape and their potential influence on Solana-based assets.

According to Reuters and LSEG IBES data, S&P 500 enterprises are projected to deliver 35% earnings growth in 2026, the highest since 2021, supported by robust economic performance. However, with a higher comparison base looming, growth is expected to decelerate to 15% in 2027, reflecting concerns over sustained profitability. Valuation pressures have already emerged. The S&P 500 forward price-to-earnings ratio has compressed from 22x at the start of 2026 to 19.2x, while artificial intelligence i

According to Russian President Vladimir Putin, Ukraine has damaged over 100 Russian ships in the Black Sea, and Russia is responding to these losses.

According to CNBC Investing Club with Jim Cramer, the 10-year Treasury yield climbed to 5.34% on Thursday, its highest level since 2002, as the Institute for Supply Management's prices-paid index came in hotter than expected, reinforcing expectations that the Federal Reserve could raise rates again this year. The S&P 500 Oscillator fell to negative 5.1%, indicating oversold conditions. Despite delivering strong quarterly results, Micron Technology shares declined; Jim Cramer said the company's l

According to Jérôme de Tychey, co-author and president of Ethereum France, the proposed EIP-8363 was withdrawn from consideration for Hegota on Thursday. The proposal aimed to burn an increasing share of validator rewards as ETH staking grows, reaching 100% burn at approximately 60.25 million ETH staked. De Tychey stated that core protocol contributors and industry participants argued during the Consideration for Inclusion process that a fork was not the appropriate venue to settle issuance poli

The New York State Department of Financial Services (NYDFS) and Wyoming Division of Banking signed a Memorandum of Understanding on Thursday to coordinate oversight of crypto companies operating across both states, including licensing, examinations and enforcement actions. The agreement applies to firms already regulated in either state and those seeking approval in both jurisdictions. Under the pact, regulators will share examination data, coordinate inspection schedules and establish joint exa

According to available data, Venezuela's oil exports declined to 1.08 million barrels per day in September.

Russian President Vladimir Putin stated that Russia will not strike enterprises of countries supplying weapons to Ukraine tomorrow (October 2), but such actions constitute a threat. The statement represents a diplomatic warning regarding potential future measures.

U.S. bank stocks fell sharply on Thursday, with the KBW Bank Index dropping as much as 2.4% to its lowest intraday level since late May, as investors assessed the impact of rising Treasury yields on the economy and banking operations. Citigroup led the decline with a drop of as much as 4.6%, marking its steepest fall since July. All components of the index declined during Thursday's trading session. The KBW Bank Index has now fallen approximately 14% since mid-August, with year-to-date gains sta

According to Crypto.com, the cryptocurrency platform recently unveiled tokenized U.S. stocks and ETFs for eligible users in the EEA region. The offering provides access to approximately 1,500 tokenized stocks and over 12,000 ETFs available for trading 24/7 with a minimum investment of just $1. The expansion aims to broaden Crypto.com's multi-asset ecosystem and allow users to diversify portfolios beyond traditional cryptocurrencies.

According to Drift Foundation, users who suffered verified losses in the April 1 security event can now claim and redeem DFX tokens. The foundation offers 1 DFX per 1 USDT lost. Each DFX represents a claim on the Recovery Pool, which currently holds approximately 3.11 million USDT funded by Velocity protocol revenues, Tether's up to 127.5 million USDT commitment, strategic partners' up to 20 million USDT, and recovered assets. Users can redeem DFX for USDT at a rate calculated as Recovery Pool b

According to the Saudi-led coalition, Houthi forces attacked a power distribution station in Medina on September 29.

On Thursday (October 1), UK 10-year gilt yields fell 2.7 basis points to 5.398% after earlier reaching 5.504% in European morning trading, retreating from its approach toward the 2007 Q3 peak of 5.564%. Two-year gilt yields dropped 8.6 basis points to 4.801%, while 30-year gilts fell 0.4 basis points to 5.945% and briefly touched 6.021%, marking the first break above the 6% psychological level since Q1 1998. The 2/10-year gilt spread widened 5.779 basis points to +59.429 basis points.

On Thursday, October 1, UK government bond yields fell across the curve during late European trading. The 10-year gilt yield fell 2.7 basis points to 5.398% after earlier reaching 5.504% near 2007 highs. The 2-year yield fell 8.6 basis points to 4.801%. The 30-year yield fell 0.4 basis points but at 15:37 UTC briefly broke above the 6% level at 6.021%, marking the first time since early 1998. The 2/10-year spread widened 5.779 basis points to 59.429 basis points.

On October 2, the U.S. will release key labor data including nonfarm payrolls, unemployment rate, and wage growth, while eurozone September CPI and Japan's August jobless rate will be published simultaneously. Multiple Federal Reserve officials are scheduled to deliver speeches on the same day.

According to Switzerland's federal government, the Swiss National Bank (SNB) will reduce the minimum distribution ratio of reserves from 10% to 8%, effective from the 2026 fiscal year.

Rocket Lab secured its largest commercial launch contract on October 1, signing a multi-year agreement with Japanese satellite operator Synspective for 20 additional Electron missions. The new deal brings Synspective's total orders to 47 missions, making it Rocket Lab's largest customer by mission count. The company will deploy 20 StriX synthetic aperture radar satellites into sun-synchronous orbit between 2028 and 2031. Meanwhile, Citi initiated coverage of Rocket Lab with a buy rating and $105

According to Route 2 FI, traders are shifting focus from TAO and CHIP to USELESS, as TAO has declined 35% from recent highs over the past ten days. The rotation reflects changing market sentiment, with traders pivoting toward the meme-based token amid broader selling pressure across the crypto market.