Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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06:23
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Spain's PM Sánchez to Announce Early Elections on Monday, October 7

According to Jin10, Spanish Prime Minister Pedro Sánchez will deliver a formal statement on Monday morning, October 7, at 9 a.m. local time (3 p.m. Beijing time). External speculation suggests he will announce the calling of early elections, despite previously insisting that elections would be held in 2027. The announcement comes after Spain's parliament rejected the government's housing crisis relief plan on Friday amid large-scale protests.
06:20
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KOSPI Falls to 7,003.74 Last Week as High Interest Rates Offset Semiconductor Export Gains

According to Korea Exchange, the KOSPI index fell 77.18 points (1.09%) to 7,003.74 last week (Sept 28-Oct 2), pressured by elevated U.S. interest rates despite semiconductor strength. The 10-year U.S. Treasury yield surged to 5.3%, marking a 24-year high, while South Korea's semiconductor exports hit a record 60.3 billion dollars in September, up 262.8% year-over-year—the first time monthly exports exceeded 60 billion dollars. Foreign investors and institutions sold a net 8.32 trillion Korean wo
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06:17
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Middle East Crude Oil Exports Exceed Pre-Conflict Levels in Late September, Kpler Data Shows

According to Kpler, crude oil exports from the Middle East exceeded pre-conflict levels on four of the seven days in late September, despite vessel attacks in the Strait of Hormuz. Data released on October 5 showed exports reached 19.5 million to 22.5 million barrels per day on September 24 and September 27-29. This compares to an average of 18 million barrels per day during the 12-month period from March 2025 to February 2026, prior to the conflict. The figures exclude vessels with automatic id
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06:17
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Payward Launches 24/7 Digital Asset Settlement With Singapore Gulf Bank

According to The Block, Payward, the parent company of Kraken, has partnered with Singapore Gulf Bank to offer institutional clients 24/7 digital asset settlement services. Payward has integrated with the bank's SGB Net real-time multi-currency settlement network. The service will initially support U.S. dollar settlement, with plans to expand to additional currencies in the future.
06:17
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Trader 0x914b Posts $471K Loss on Short ETH, Opens 25x Leveraged Long on 23,734 ETH

According to on-chain analytics platform Lookonchain, trader 0x914b suffered a $471,000 loss on a short position of 14,976 ETH (worth approximately $40.97 million), then immediately opened a 25x leveraged long position totaling 23,734 ETH (worth approximately $64.3 million). The liquidation price for the new long position is $2,650.
06:14
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Morgan Stanley: 51% of Russell 3000 Constituents in Bear Territory, Treasury Volatility Key to Stock Rally

According to Morgan Stanley Chief Equity Strategist Mike Wilson on October 5, 51% of Russell 3000 constituents have fallen into bear territory since June highs, while the median S&P 500 stock has declined 16% from its 52-week peak, signaling market breadth deterioration to levels unseen since the dot-com bubble burst. Wilson identified U.S. Treasury volatility as the decisive factor. With the 10-year Treasury yield at 5.25% and the MOVE index surging above 100 while the VIX remains below 15, hig
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06:14
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Meta's Off-Balance-Sheet Commitments Hit $628B, Raising Valuation by 35%

According to Needham analyst Laura Martin, Meta's off-balance-sheet commitments totaling $628 billion would raise the company's enterprise value-to-revenue multiple by 35% if included in valuation calculations. The hidden liabilities, comprising $279 billion in future lease obligations and $349 billion in non-cancellable contracts, compare to Meta's $112 billion in reported debt and lease liabilities. In July, Meta added $68 billion in new data center leases, reflecting accelerating AI infrastru
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06:13
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U.S. 10-Year Treasury Yields Soar to 5.3%, 20-Year High, as Nasdaq-100 Climbs 22% Year-to-Date

According to Bloomberg research and Reuters data, U.S. 10-year Treasury yields broke through 5.3% last week (October 2), marking a 20-year high, while the 30-year yield touched 5.69%. Despite the surge, the Nasdaq-100 Index continued climbing to record highs, gaining approximately 22% year-to-date, and the S&P 500 remains within 1% of its August all-time peak. Technology stocks, led by Microsoft, Nvidia, and Apple, drove the market gains. Bloomberg estimates Q3 technology sector earnings-per-sha
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06:05
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Bitcoin Spot Buy Orders Show Stark Exchange Divergence: Binance $14.63M vs Hyperliquid $6.46M as BTC Trades Near $85,852

According to Liquid24/7.xyz, Bitcoin spot order book depth shows significant divergence across exchanges, with Binance's near-end buy orders at $14.63 million compared to Hyperliquid's $6.46 million, as BTC trades near $85,852. Binance spot sell orders stand at $11.39 million, resulting in a net long bias of $3.25 million. Across exchanges, Binance perpetual contracts lead in order book thickness at $36.94 million in buy orders, while Hyperliquid shows the thinnest buy-side liquidity among monit
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BTC1.08%
HYPE1.25%
06:03
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Bitcoin Spot ETFs Suffered $148.7M Net Outflows on Sept. 30 Before Weekend Rally

According to data from Farside Investors, US spot Bitcoin ETFs endured net outflows of $148.7 million on Sept. 30 as institutional demand weakened. Fidelity's FBTC accounted for $125.6 million of the withdrawals, while BlackRock's IBIT lost $9.5 million and Bitwise's BITB shed $13.6 million. However, inflows returned on Oct. 1 with $102.7 million attracted to the funds, led by $195.6 million into IBIT. Bitcoin recovered strongly over the weekend, rallying to an intraday high of approximately $86
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BTC1.08%
06:02
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HD Hyundai Electric Nears 1 Trillion Won Operating Profit for Full Year, Driven by AI Data Center Demand

According to consensus forecasts from financial data provider F&Guide, HD Hyundai Electric is on track to post full-year operating profit exceeding 1 trillion won for the first time in South Korea's power equipment sector. The company's Q3 operating profit reached approximately 322 billion won, up 28% year-over-year, with Q4 expected to deliver another 370 billion won, supporting the full-year target. The growth is driven by surging global big tech demand for AI data center power infrastructure.
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05:56
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S&P Global Ratings Launches On-Chain Lending Vault Risk Framework, Assets Surge to $10 Billion

According to official announcement, S&P Global Ratings launched its Vault Risk Assessment (VRA) framework on October 5 to evaluate on-chain digital asset lending positions across six dimensions: portfolio credit quality, liquidity mismatch, curation, blockchain, protocol, and vault security and governance. The framework uses letter grades with a "v" suffix and is not a credit rating. On-chain lending vault deposits grew from $1.5 billion in September 2024 to $10 billion in September 2026.
05:52
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Iranian Rial Crashes 50% in One Year, Inflation Hits 90% in September

On October 3, the Iranian rial traded at 2.688 million to the US dollar on the open market, marking a decline of more than 50% over the past year. Iran's point-to-point inflation climbed to roughly 90% in September, while annual inflation remained above 70%, according to Iran Wire. Economic data showed Iran's gross domestic product contracted 10.1% year-over-year between March 21 and June 20, with the oil and gas sector declining by more than 26%. In response, Iran's central bank announced plans
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05:50
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Oura Postpones $2.2B IPO This Week; Applied Digital Eyes Wednesday Earnings on AI Demand

According to a company statement, Oura postponed its planned $2.2 billion U.S. IPO this week, citing volatile market conditions. The smart-ring maker's Nasdaq listing was previously set for Sept. 30. Applied Digital Corp. (APLD) will report first-quarter fiscal 2027 results on Wednesday. Analysts expect the AI data center company's revenue to rise 94% to $124.6 million, per Koyfin estimates. Microsoft's Windows and Surface event on Oct. 7 and SF Tech Week (Oct. 5–11) will also highlight AI, infr
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