Gate Crypto Flash News and Market Updates

According to Jin10, on Wednesday, October 7, UK 10-year gilt yields surged to 5.51%, the highest level in 19 years, driven by rising oil prices and elevated US Treasury yields. The yields had earlier touched 5.44%, marking their peak since October 1. Meanwhile, UK Finance Secretary John Healey met with economists employed by primary gilt dealers to gauge market sentiment ahead of his first budget announcement on October 28. Bank of America economists estimate Healey's budget will increase govern

According to Temasek CIO Rohit Sipahimalani on October 7, Singapore's state investment company identified a reversal in artificial intelligence investment enthusiasm as the market's most significant risk factor. Speaking at the Milken Institute Asia Summit, Sipahimalani noted that while not an imminent threat, market turbulence could emerge in 2027 as AI investment momentum potentially cools. He cited regulatory tightening over safety concerns or weak corporate profitability signals as potential

According to major Korean brokerages including Mirae Asset Securities and Samsung Securities, Samsung Electronics' Q3 earnings announcement tomorrow (October 8) coincides with both the periodic rebalancing of major semiconductor ETFs and options expiry, creating potential supply pressure. The rebalancing is expected to trigger sell-offs of approximately 200 billion Korean won as ETF funds adjust positions. Samsung Electronics currently represents 30% of the market cap weighting in KOSPI 200 opti

According to Bloomberg, Intel CEO Lip-Bu Tan said the chipmaker will continue working with Elon Musk's Terafab project overnight into Wednesday, October 8, easing investor concerns about potential TSMC displacement. INTC shares rose 2.5% in overnight trading following the announcement. Musk clarified on X that TSMC could only potentially sublease part of the facility, stating: "No, we will build and run the fab. Let there be ZERO doubt about that."

According to the financial investment industry as of October 7, major South Korean brokerages including NH Investment & Securities, Mirae Asset Securities, and Korea Investment & Securities are intensifying competition over high-yield savings products to attract retail investors away from banks. The brokerages are offering annualized returns of 4–5% through IMA (Comprehensive Investment Account) products and commercial paper, outpacing banks' fixed deposit rates of around 3.5% by 1–2 percentage

According to E Daily, SD Biotech (Code 217480) applied to Seoul Southern District Court on October 7 for a provisional disposition to suspend the delisting decision made by Korea Exchange. Following the application, the planned delisting procedures, including liquidation trading, have been suspended pending the court's decision to protect investors.

According to ChainCatcher, Anchorage Digital announced the acquisition of B2B payments platform Routable, with the transaction value undisclosed. Routable provides developer-first APIs to help enterprises onboard and verify payment recipients while automating tax and compliance processes, supporting both fiat and stablecoin payments to creators, contractors, and sellers across 220+ countries. Anchorage Digital said its customer base will expand from crypto-native companies to traditional financi

According to BlockBeats, Binance completed the migration of Stargate Finance (STG) tokens to LayerZero (ZRO) on October 7, with an exchange rate of 1 STG to 0.08634 ZRO. Users can view ZRO distribution records and corresponding deposit addresses on Binance; STG deposit and withdrawal functions are no longer supported.

According to Liquid24/7.xyz monitoring, a Hyperliquid address (0x344fef...af5d) closed a long position of 376.137 BTC on October 7, representing a notional value of approximately $31.6 million. The position was closed at an average price of around $84,020 per BTC, while the BTC mark price stood at approximately $84,040 at the time of reporting.

According to the Ukrainian Air Force, on October 7, multiple Russian Tu-95 strategic bombers were detected taking off early morning, triggering missile threat alerts across several regions including Kyiv and Dnipropetrovsk. The Kyiv City Military Administration and Kyiv Regional Military Administration both activated air raid warnings in response to the detected missile threats.

According to emails reviewed on October 6, the U.S. Department of Homeland Security has accelerated immigration enforcement officer training while reducing instruction on immigration law and job simulation scenarios.

According to E Daily, Hubitz (stock code: 065510) announced today that it will cancel approximately 2.8 billion Korean won worth of treasury shares, comprising 326,136 common shares.

According to U.S. media, President Trump said on October 6 at Sparrows Point, Maryland, that military operations against Iran "must wrap up." Trump stated the U.S. military actions against Iran "have been doing great," and that the only question to consider is how to end them: "in a soft way or in a hard way." The comment follows an ongoing military campaign that began on February 28, when the U.S. and Israel launched strikes against Iran, followed by airstrikes, naval blockades, and economic pr

According to Rappler, demand for GCash's initial public offering (IPO) shares briefly overwhelmed trading platforms on October 6, triggering temporary service disruptions. The system outage was short-lived, with platforms restored within minutes. GCash parent company Mynt set the final IPO price at P6.60 per share, significantly below the initial maximum proposal of P10. At this price, the offering is expected to raise approximately P53 billion, potentially expanding to P60.9 billion if the over

According to the Monetary Authority of Singapore, the regulator issued formal guidelines on AI risk management for financial institutions today (October 7). The framework establishes supervisory expectations for clear accountability, risk management across the AI life cycle, oversight of third-party AI systems, and controls matching each institution's risk exposure. The guidelines take effect on October 7, 2027, with financial institutions required to meet sections 3 and 4 from that date, and se

According to Anthropic's IPO filing, Broadcom agreed to provide up to $42 billion in financing for the AI startup's infrastructure and TPU rental expenses. The funding covers approximately one-third of Anthropic's five-year, $125.2 billion TPU capacity commitment starting in 2027. Broadcom will simultaneously serve as hardware supplier and lender, with debt instruments potentially convertible into Anthropic equity. The arrangement positions Anthropic as Broadcom's largest compute and custom chip

According to IQAir data, Singapore's air quality reached "very unhealthy" levels on Wednesday afternoon, marking the world's worst pollution level, driven by haze from Indonesian wildfires. Kuala Lumpur ranked second globally in pollution severity. In Malaysia's Johor state, approximately 200 schools, kindergartens, and childcare centers were ordered to close today due to the haze conditions.

According to India's central bank statement, India's forex reserves declined for the fourth consecutive week to $734.6 billion on October 7, falling approximately $50 billion from the September 4 peak of $785.71 billion. The decline reflects the Reserve Bank of India's intervention through spot market dollar sales to curb rupee depreciation and rupee-dollar swap operations to absorb excess liquidity.

According to FinanceFeeds, South Africa's First National Bank has launched Crypto Investing, a new service offering retail customers access to five digital assets—Bitcoin, Ether, XRP, Solana, and USDT—through its existing share-trading platform. The service is available 24/7 with a minimum investment of just 10 South African Rand and reaches FNB's 9 million retail customers. The service is delivered in partnership with South African crypto exchange VALR and is integrated across four existing FNB

EUR/USD fell 0.50% during intraday trading on October 7, now trading at 1.1203.