Gate Crypto Flash News and Market Updates

According to TSMC's official announcement, the world's largest contract chipmaker posted September revenue of $16.03 billion (NTD $511.86 billion), up 54.6% year-over-year but down 0.6% compared to August. The record result extends TSMC's historic streak of monthly revenue highs, driven by surging global demand for advanced artificial intelligence chips. The company counts Nvidia and Apple among its major customers.

According to Lookonchain monitoring, trader 0xdd6a opened 20x leveraged short positions on October 8 across Bitcoin, Ethereum, Solana, XRP and Dogecoin on the Aster platform. The position is currently profitable with a total notional exposure of $26.5 million and unrealized gains of $586,000.

According to BlockBeats on October 8, Bitcoin collateralized lending is expanding from trading and investment use cases toward real-world credit needs including tuition, business payroll, and real estate. Institutions like SALT Lending and Ledn report growing borrowers prefer borrowing against BTC holdings rather than selling. Ledn, which has originated over $11 billion in loans since 2018, expects future growth to reach $1 trillion. The platform serves entrepreneurs, institutional investors see

COMEX silver fell more than 1% intraday, trading at $59.69 per ounce as of October 8.

According to PANews, on October 8, Cointelegraph denied rumors of a sale, stating that CoinDesk's article was based on false information and contained multiple factual errors. Cointelegraph reaffirmed it will not be sold and called for the outlet to correct its reporting and provide equal visibility to corrections as to the original article.

According to Reflection AI, the company unveiled its first open-weight model, Beam, on October 5. The model features a mixture-of-experts architecture with 501 billion total parameters but activates only 23 billion during inference. Beam achieved scores of 80.9 on SWE-bench Verified and 80.1 on Terminal-Bench v2.1, with performance comparable to Zhipu AI's GLM-5.2 while requiring only one-third to one-quarter of the computational resources. The model has a 1 million token context window and will

According to Jin10, precious metals fell sharply on the first trading day after the October break on October 8. Palladium on the Guangzhou Futures Exchange dropped over 6%, platinum over 3%, while Shanghai gold and silver both fell over 1%. International gold prices have declined more than 10% since late August. The Federal Reserve's September meeting minutes showed unanimous support for the 25 basis point rate hike, with most officials viewing another hike before year-end as potentially appropr

According to Lookonchain, a whale's long position in 98,089 ETH, valued at approximately $252.3 million, faces liquidation on October 8 at price levels of $2,446.48 and $2,424.47.

According to Yonhapinfomax, on October 8, Shinsegae Property raised approximately 1 trillion won (roughly 700 million USD) through a private placement of bonds with Meritz Securities. The funding supports the company's 1 billion USD investment in Warner Bros. Discovery, made alongside David Ellison, co-CEO of Skydance, and the investment firm Redbird. The investment was completed on October 3. Korea Credit Rating noted that combined with the August acquisition of SSG.com's financial investor sta

According to Guru Club, short-fiber futures main contract hit its daily limit today (October 8), trading at 8,948 yuan per ton, representing a gain of 9.02%.

Taiwan Semiconductor Manufacturing Company (TSMC) reported September sales of 511.86 billion NT dollars, representing a 54.6% increase compared to the same period last year.

According to Jin10, Hong Kong semiconductor stocks declined this afternoon (October 8), with Nanchip Micro falling over 10%, Honghui Integrated Circuit dropping over 7%, and Juzheng Technology, Apacer, and GigaDevice all declining over 5%.

According to the Federal Communications Commission, on October 29 the FCC will vote on a proposal to auction 25 megahertz of spectrum to support direct-to-device satellite-to-smartphone services, and seek public comment on opening an additional 482 MHz for supplemental coverage from space. Meanwhile, Amazon is seeking FCC approval for up to 5,105 satellites and agreed to acquire Globalstar for more than $11.5 billion to expand its satellite internet business. Separately, Jeff Bezos stated that B

According to Lido, the project is developing Lido Lend, a decentralized lending market built on a modified fork of Morpho Blue with an isolated market design. Lido Lend will be governed by Lido DAO and requires voting approval. The platform limits blue-chip assets, encourages stETH/ETH trading pairs, and features deposit screening mechanisms to prevent low-quality collateral. Lido's stETH staking scale exceeds $25 billion, with no major security incidents since launch.

According to PPP market monitoring tool, the probability of Bitcoin touching $80,000 in October on Polymarket rose to 72% in the past 24 hours, up 17%. The prediction is based on Binance BTC/USDT trading pair, with settlement triggered if the 1-minute candle high reaches or exceeds $80,000 anytime within the month.

According to Odaily and Sun Yuchen's announcement at Token2049, TRON will launch tokenized stocks in the fourth quarter to enable TRON users to access U.S. Treasury bonds and other quality assets.

According to Jin10, Houthi forces in Yemen carried out ballistic missile strikes on Saudi military targets on October 8, including the Kawaa Camp in Ras Alara region and military positions south of the Bab al-Mandab Strait, causing multiple casualties and igniting ammunition depots. The group also targeted King Khalid International Airport near Riyadh and reiterated a final warning to all international airlines against operating flights over Saudi airspace, excluding Mecca and Medina, stating th

According to Gate data, Brent crude (XBRUSD) surged above $106 per barrel on October 8, trading at $106.00 per barrel with a 24-hour gain of 0.8%.

According to Odaily, Justin Sun announced at Token2049 that TRON will launch tokenized stock products in the fourth quarter of 2026. The move aims to provide TRON users access to U.S. Treasuries and other quality assets through tokenized instruments.

According to BlockBeats, on October 8, Jianghuoer, founder of Litecoin.com mining pool, repurchased 75% of his Bitcoin position at $82,789 (previously sold at $86,789 and $84,460). Over recent months without leverage, his cumulative coin-denominated profit reached 35.1%, while USD-denominated profit hit 98.6%.