Gate Crypto Flash News and Market Updates

According to Jin10, on October 8, President Trump stated that Canada has been difficult to negotiate with regarding a new trade agreement. The U.S. is unsatisfied with the current conditions on the negotiating table, despite Canada's willingness to reach a deal.

President Trump said on Wednesday his administration will closely monitor the November midterm elections, emphasizing the importance of electoral integrity. "Our country needs a few things, and one of them is honest elections. This is very important. We will be watching very, very closely," Trump told reporters at the White House Oval Office.

According to Sui, the blockchain's programmable offchain tunnels reached 40.6 million transactions per second in a live stress test Wednesday at Sui Basecamp in Singapore, surpassing a previous record of 6.1 million TPS set in July. The test peaked at 40,614,180 TPS with more than 10,000 tunnels opened on Sui mainnet, spanning payments, games, and chat applications. CertiK served as an independent auditor during the demonstration, with a report expected in the coming days.

Recently, Congressman Ritchie advocated for blockchain as a fundraising tool for entrepreneurs in the Bronx, emphasizing the technology's potential to bridge funding gaps left by traditional financial systems. In a tweet, he highlighted that despite the area's strong creative community, capital access remains a significant barrier and suggested blockchain could democratize funding opportunities for underserved entrepreneurs.

According to Polygon's official announcement on X (formerly Twitter), the protocol has integrated TRON into its OMS, enabling users to move, program, and store stablecoins seamlessly across the globe. The integration leverages both platforms' capabilities—Polygon as a Layer 2 scaling solution for Ethereum and TRON as a high-speed blockchain—to enhance stablecoin transaction functionality and accessibility for users worldwide.

The Federal Reserve will release the minutes from its September FOMC (Federal Open Market Committee) meeting at 02:00 Beijing time today (October 7).

According to Saudi Arabia's General Authority of Civil Aviation, King Khalid International Airport was attacked on Tuesday and Wednesday this week, resulting in 1 death.

According to analyst reports cited by TheFly, Penguin Solutions Inc. (PENG) shares gained over 16% on Wednesday, October 7, after the company posted record fiscal Q4 net sales of $566.69 million, up 68% year over year, and higher fiscal 2027 guidance. Multiple Wall Street analysts raised their price targets: Rosenblatt to $100 from $80 with a Buy rating, Stifel to $85 from $75 with a Buy rating, Goldman Sachs to $85 from $75 with a Buy rating, Needham to $85 from $80 with a Buy rating, and Barcl

U.S. President Donald Trump stated that a call with Russian President Vladimir Putin has been arranged. The specifics regarding timing and agenda for the conversation were not disclosed.

According to Windows and Surface chief Pavan Davuluri, Meta's Muse AI agent is coming to Windows with a native app. The announcement was made at today's event on October 7, though no timeline for the release has been provided. Meta previously launched a Mac Muse app in September.

According to Gate's market data, ETH/USDT fell below $2550 and was trading at $2544.36 as of today (October 7), down 5.58% over the last 24 hours.

According to Jito Foundation President Brian Smith at Digital Asset Summit 2026 Asia, JTX will ship an equities feature within roughly two weeks and launch a native mobile application later this fall. Perpetual futures may follow in the winter, though Smith noted that timeline remains tentative. Smith said JTX is currently directing more development resources toward spot trading, where the team believes it has greater room to differentiate. JTX, which launched in July as a self-custodial trading

According to Bitcoin Treasuries on X, Marusho Hotta, a 165-year-old Japanese company, has been renamed Bitcoin Japan Corp (ticker: 8105.T) and purchased an additional 5.88 Bitcoin, bringing its total holdings to 17.8 BTC.

According to Microsoft executives, Copilot will route tasks to local models when cost or privacy considerations take priority. The company plans to roll out new Copilot features powered by hybrid AI in the coming months. Separately, Meta's Muse model is set to arrive on Windows.

According to Jin10, the UN Security Council held the fifth round of straw polls on October 7 to select the next secretary-general. Greece's permanent representative to the UN, Ioannis Vrailas, who holds the council's rotating presidency this month, said after the vote that results would be communicated to candidates through their nominating countries.

According to the U.S. Energy Information Administration (EIA), U.S. commercial crude oil inventories fell 3.18 million barrels to 424.1 million barrels for the week ended October 2, marking the largest decline in six weeks. However, the inventory draw failed to lift oil prices, with WTI crude futures retreating to around $89.50 per barrel. Gasoline stockpiles unexpectedly rose 382,000 barrels, easing near-term supply concerns. In contrast, distillate (diesel) inventories remain at historically l

According to the New York Federal Reserve's September Consumer Expectations Survey released on October 7, U.S. consumers' 1-year inflation expectations reached a median of 3.9%, up 0.3 percentage points from August and the highest level since May 2023. Three-year inflation expectations rose 0.1 percentage points to 3.3%, while 5-year expectations remained at 3.0%.

According to Gate data, Brent crude oil (XBRUSD) fell to $103.94 per barrel, down 0.2% over the past 24 hours.

The UK Court of Appeal has recently overturned the convictions of five former Barclays traders in landmark rate-manipulation cases. Judges quashed the convictions of Alex Pabon, Jay Merchant, and Jonathan Mathew, who were imprisoned in 2016 for conspiracy to defraud over London Interbank Offered Rate (Libor) manipulation. Two other former traders, Philippe Moryoussef and Colin Bermingham, had their convictions for European Interbank Offered Rate (Euribor) manipulation overturned; they were initi

According to the International Energy Agency (IEA) on October 7, member states maintain 1.1 billion barrels of publicly held emergency oil reserves, with over 200 million barrels comprising diesel. The IEA stated that approximately 325 million barrels have been released since March under a coordinated action plan, with an additional 100 million barrels available for future market release if needed. The agency prioritizes diesel reserve releases to address current market supply tightness.