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.
Today
01:22
0

Tom Lee Says DAT Treasury Buying Could Boost HYPE to 50% Supply at Korea Blockchain Week

According to Tom Lee, BitMine Chairman, digital asset treasury companies (DATs) could significantly influence the price of HYPE through sustained buying. Speaking at Korea Blockchain Week, Lee noted that DATs trading above their net asset value can acquire more crypto, reducing supply. If DAT holdings eventually reach 50% of HYPE's token supply, it could drive a bullish price surge, as highlighted by @WuBlockchain.
HYPE1.34%
01:21
0

Digital Yuan Cross-Border Platform Expands With 39 New Institutions Applying to Join CBETS

According to Xinhua News Agency, as of late September, the Digital Yuan International Operations Center announced that 39 domestic and foreign financial institutions have submitted applications to join as direct participants in CBETS (Comprehensive Border-Crossing Transactions Service platform), following the initial 26 signatories. CBETS launched new trade settlement and financing services, with the CBETS LIFT initiative targeting cross-border trade settlement and investment needs. The Digital
More
01:16
0

U.S. Federal Judge Issues Preliminary Injunction Against Illinois Sports Betting Classification of Kalshi

According to Ariel Givner, U.S. District Judge Pacold in the Northern District of Illinois issued a ruling supporting a preliminary injunction in a lawsuit involving Coinbase, Kalshi, and the CFTC against Illinois Attorney General Kwame Raoul. The injunction temporarily blocks Illinois from classifying sports event contracts on Kalshi's prediction market platform as gambling subject to state regulation.
01:13
0

Seoul Court Halts Delisting of Juyeon Tech, KM Pharma; 30+ Kosdaq Firms Face Uncertain Fate

According to Seoul Southern District Court, a judge on October 2 approved suspension of delisting proceedings against Kospi-listed Juyeon Tech and Kosdaq-listed KM Pharma, halting liquidation trading until final ruling. The court found the Korea Exchange's market cap delisting rule violated procedural participation rights, noting that market cap depends on external factors like economic conditions and capital flows, not just firm viability. The court also flagged the early application of strengt
More
01:08
0

U.S. Stock Indices Rise on Weak Jobs Data; Nasdaq Up 1.19%, Semiconductor Index Gains 2%

According to Reuters, on October 2 local time, U.S. stock indices closed higher driven by softer employment data and expectations of lower interest rate hikes. The Nasdaq composite rose 1.19% to 27,190.86, while the S&P 500 gained 0.73% to 7,722.72 and the Dow Jones Industrial Average increased 0.49% to 51,176.96. The Philadelphia semiconductor index surged over 2%, marking the largest daily gains since September 21. U.S. labor data showed September non-farm payroll additions of only 29,000, wel
More
01:02
0

DB Securities' Assets Double to 160 Trillion Won Over Decade as Capital Buffer Faces Rising Risks

According to DB Securities' business and semi-annual reports released on October 3, the company's consolidated assets grew to 160.38 trillion Korean won as of mid-2026 from 69.98 trillion won in 2017, more than doubling over the decade. Consolidated capital increased to 1.45 trillion won from 70.78 billion won. The firm's net capital ratio improved to 421.31% from 315.68%, and operating net capital rose to 974.1 billion won from 583 billion won, indicating improved regulatory capital adequacy. H
More
01:02
0

Grayscale Hyperliquid Staking ETF Records $3.37M Net Inflows Overnight

According to SoSoValue data, Grayscale Hyperliquid Staking ETF (HYPG) recorded net inflows of $3.37 million on October 2 (U.S. Eastern Time). HYPG was the only HYPE spot ETF product to see inflows yesterday, bringing its historical cumulative net inflows to $153 million. As of the time of reporting, HYPE spot ETF total net asset value reached $478 million.
HYPE1.34%
01:01
0

Bitwise Solana Staking ETF (BSOL) Records $1.3011M in Inflows on October 2

According to SoSoValue, Bitwise Solana Staking ETF (BSOL) saw net inflows of $1.3011 million on October 2 (U.S. Eastern Time). The product has accumulated $1.219 billion in historical net inflows to date. The broader SOL spot ETF market currently holds $1.905 billion in total net assets, with cumulative historical net inflows reaching $1.608 billion.
SOL0.11%
01:01
0

Hester Peirce Departs SEC, Emphasizes Value of Criticism in Regulatory Framework

According to her message shared on X on October 2, Hester Peirce, a commissioner at the SEC, announced her departure from the agency. She highlighted the importance of both praise and criticism in fostering robust regulatory frameworks, noting the significance of public engagement in shaping policy decisions affecting the crypto sector.
01:01
0

Bitwise XRP ETF Sees $3.28M Overnight Outflows on October 2

According to SoSoValue, Bitwise XRP ETF saw $3.28 million in net outflows overnight (October 2, U.S. Eastern Time), making it the only XRP spot ETF to record a daily net outflow on the day. The XRP spot ETF market has accumulated $677 million in historical net inflows, with total assets under management reaching $1.658 billion.
More
XRP-0.43%
01:01
0

Whale Deposits 6,595 ETH to Coinbase Worth $17.57M, Takes $2.44M Loss After One Year

According to on-chain analyst Ai Yi, a whale deposited 6,595.2 ETH (worth approximately $17.57 million) to Coinbase 3 hours ago on October 3. The whale had acquired 6,500 ETH between June and August 2025 at an average price of $3,040.4 per token. After holding for approximately one year, the whale is exiting with an estimated loss of $2.443 million, representing a 12.3% drawdown from the entry cost.
ETH-1.15%
01:01
0

Zcash Spot ETFs See $26.93M Net Outflows Overnight on October 2

According to SoSoValue, Zcash spot ETFs (ZCSH) saw net outflows of $26.93 million yesterday (October 2, EDT). The funds currently hold $751 million in total assets under management, with cumulative net inflows reaching $213 million since inception.
01:01
0

MicroStrategy Shifts STRC Preferred Stock Dividend to Daily Accrual, Shareholder Vote Set for October 28

According to Bitcoin.com News, MicroStrategy has proposed shifting the dividend payment method for its preferred stock STRC from monthly to daily accrual. The company announced the change on September 25, with accrued amounts typically paid on the next business day. The current annualized dividend rate of 12% and total payout amount remain unchanged. Shareholders will vote on the proposal on October 28; if approved, the first daily record date will be November 1, with the first payment scheduled
More
01:00
0

Centrifuge Launches Three Tokenized Funds on Circle's Arc Blockchain with $500K and $100K Minimums

According to Odaily, Centrifuge launched three tokenized funds—JAAA, JTRSY, and HYB—on Circle's Arc blockchain on October 3, providing exposure to AAA-rated collateralized loan obligations (CLOs), short-term U.S. Treasuries, and high-yield corporate bonds. All three funds accept USDC on Arc for subscriptions. JAAA and JTRSY require a minimum investment of $500,000, while HYB requires a minimum of $100,000 USDC. Direct investment is restricted to qualified non-U.S. professional investors.
More
CFG-2.38%