Gate Crypto Flash News and Market Updates

On October 2, major European stock indexes closed higher. The STOXX 600 index rose 0.72% to 631.17 points, declining approximately 1.1% for the week. The STOXX 50 index gained 0.99% to 6236.57 points, down about 1% weekly. The FTSE Eurofirst 300 index closed up 0.71% to 2521.57 points.

European stock indices closed with mixed performance on October 2. Germany's DAX 30 index rose 1.15% to 25,225.22 points, though the gauge has declined approximately 0.7% on a weekly basis. France's benchmark equity index gained 0.78%, while Italy's index advanced 0.4%, partially offset by a 1% decline in Italian banking stocks. The UK index closed up 0.3%.

According to CoinGlass data cited by @TomLeeTracker, Ethereum rose 70.8% during Q3 2026, marking its strongest quarterly performance since Q1 2021.

MAGIC surged 10.28% in 60 minutes, reaching $0.0665. Over the past 24 hours, the token climbed 24.77% with trading volume of $8.6 million, indicating strong market participation.

According to Iraq, Iranian airlines (excluding Mahan Air) have been authorized to operate 40 daily flights to the city of Najaf. The decision represents a policy shift in air connectivity between the two neighboring countries.

According to Chainlink's official statement, the network reported record inbound interest at the Sibos conference today (October 2), marking the highest level of attention the platform has ever experienced. Financial institutions are increasingly exploring Chainlink's decentralized oracle network as blockchain integration in traditional finance gains momentum.

Tesla reported third-quarter global deliveries of 486,532 units on October 2, topping Bloomberg's average estimate of 463,761 units and Visible Alpha's forecast of 456,896 units. The result signals stabilization in core auto sales after two consecutive years of decline. The stock rose 4% in early trading, with shares hitting $373.37 by midday. Analysts have raised full-year 2026 delivery forecasts from 1.65 million to 1.82 million units, reflecting improved demand outlook driven by European mark

According to Gate data, gold (XAUUSD) fell to $4,147.21 per ounce in the past 24 hours, declining 0.2% over the period.

According to Yonhap News Agency, the U.S. dollar index declined to 101.789 on October 2 morning, down 0.268 points (0.263%) from the previous close of 102.057, after weaker-than-expected September employment data pressured the currency. U.S. non-farm payrolls increased only 29,000 in September versus the consensus estimate of 90,000 and 133,000 the previous month, while the unemployment rate rose to 4.2%. According to CME FedWatch data, futures markets now price in an 83.9% probability that the

According to Circle's official statement, on October 1, the USDC and EURC issuer urged the European Commission to replace MiCA's fixed stablecoin reserve deposit thresholds (30% to 60%) with a more flexible liquidity-based requirement. Circle said the current mandatory deposit requirements increase exposure to banking-sector credit and counterparty risks. The company submitted its response to the European Commission's targeted MiCA review consultation, drawing on two years of operating experienc

On October 1, 2026, Federal Reserve Governor Waller delivered remarks on economic data at the St. Louis Fed, according to the official Federal Reserve statement. His comments focused on recent economic trends and their potential implications for monetary policy decisions, including the Federal Reserve's ongoing monitoring of inflation and employment data.

According to Citi, on October 1, the bank raised its 12-month Ethereum price forecast to $3,028 from $2,240, reflecting a 35% increase driven by stronger digital-asset activity, a more supportive macro backdrop, and renewed institutional participation. However, U.S. spot Ethereum ETFs recorded $55.4 million in net outflows on October 1, following $59.6 million of withdrawals on September 30, according to Farside Investors, presenting a near-term headwind to the bullish outlook.

According to an announcement by @0xPolygon, Featherlend launched two Brazilian Real (BRZ) markets on the Polygon network via Morpho Vaults. The markets are backed by TESOURO and sfrxUSD, bringing Brazilian rates onchain to enhance decentralized finance access in Brazil. The initiative leverages Polygon's scalability and lower transaction costs to provide new financial options for users in the region.

According to Foresight News, Mastercard announced it will provide access to stablecoin Open USD (OUSD) through BVNK, a stablecoin infrastructure company acquired earlier this year. Financial institutions, distributors, and enterprises can use OUSD, fiat currencies, and other stablecoins through BVNK to exchange and settle transactions across different currency forms.

According to ChainCatcher, OKX announced the launch of QUANTUSDT global perpetual futures today, with trading now available. Quant Network operates the Overledger and QuantNet infrastructure to enable programmable money connectivity across banks, blockchains, tokenized deposits, and traditional payment rails.

According to CNBC, Eli Lilly's experimental amylin-targeting drug eloralintide combined with tirzepatide—the active ingredient in its blockbuster obesity drugs Zepbound and Mounjaro—produced substantially greater weight loss in a Phase 2 trial this week. At 48 weeks, patients receiving the highest-dose combination lost an average of 23.3% of their body weight, compared with 14.8% among those taking tirzepatide alone. Lilly is developing eloralintide both as a standalone treatment and as a combin

According to ChainCatcher, Synthra Finance has repurchased and burned nearly 1.8 million POLL tokens directly from the market today. The protocol stated that accumulated burn now represents approximately 7% of POLL's total supply. The repurchase was funded by protocol revenues, marking another token burn event.

According to HTX market data, Solana (SOL) broke through the $120 level on October 2, trading at $120.04 with a 24-hour gain of 2.67%.

According to Shinhan Investment Securities, LG Electronics' target price was raised to 290,000 Korean won from 180,000 won on October 2, representing a 61% increase. The upgrade reflects a shift in the company's valuation drivers from traditional home appliances to robotics and AI data center cooling solutions. LG secured 600 billion won in orders for cooling solutions in the first half of the year and is advancing production of its Cloit robot. Daeshin Securities lifted its target to 270,000 wo

According to Rep. Park Soo-young's office on October 3, a review of pre- and post-launch meeting records between South Korea's Financial Investment Association and asset managers revealed that industry focus centered on market expansion rather than consumer protection ahead of single-stock leverage products launching on May 27. The products saw 10 trillion won in inflows on their first day. The parliamentary records obtained for May 26 and 28 meetings showed no warnings about volatility expansio