Gate Crypto Flash News and Market Updates

According to F&Guide, North American bond funds saw net inflows of 288.4 billion won (approximately $210 million USD) in September, as U.S. 10-year Treasury yields broke above 5.3% on September 30—the highest level since May 2002. As of October 1, the combined net asset value of 68 North American bond funds reached 11.2 trillion won, up 2.884 billion won over the past month. Investors perceive current yields as peak levels and are positioning for potential rate declines, which would increase bon

According to RootData, B3 will unlock approximately 1.47 billion tokens worth about $1.13 million on October 10 at 1 p.m. Beijing time.

Gate News message, $PUMP experienced a price drop 8 hours ago. This price movement resulted in the liquidation of 2 traders. The total liquidation amount reached 707.6M $PUMP, equivalent to $3.61M.

According to BlockBeats, CryptoQuant CEO Ki Young Ju predicted on October 3 that the current bitcoin bull market will deliver 3-5x gains rather than another parabolic surge exceeding 10x, followed by a milder bear market. Ki Young Ju noted that in this cycle, the MVRV ratio has never dropped below 1, meaning bitcoin holders on average remain above their on-chain cost basis. Overall holders have not incurred losses despite some individual investors experiencing drawdowns.

According to Cointelegraph Labs, XRP traded at $1.49 on October 2 at 9 a.m., consolidating within a narrow range of $1.48 to $1.51 since late September.

According to Odaily, Aave Labs recently clarified that the proposed Aave Foundation in the Cayman Islands will not have discretionary control over protocol decisions. The foundation will own assets but cannot unilaterally modify framework changes, parameters, budgets, or other governance matters—all such decisions remain exclusively with the decentralized autonomous organization (DAO) through existing governance processes. The DAO retains full authority to replace directors, direct foundation di

According to Jin10, on October 2, Brazilian federal police launched an investigation into an alleged plot to attack the U.S. Embassy and consulates in Brazil. The federal police executed search warrants in Brasília and São Paulo, detaining two suspects and confiscating computers and mobile phones for analysis. In response to the security incident, the U.S. Embassy and consulates in Brazil suspended in-person consular services on October 2. The Australian Embassy in Brazil also closed the same da

According to Yijin Monitoring, a large whale that opened a short position on Longxin Technology (CXMT) one day before its IPO fully closed its position 10 hours ago, realizing a total loss of $10.98 million. The loss comprised $5.18 million in funding fees and $5.8 million in price losses. The whale had shorted CXMT at $6.5 per share before the listing but eventually exited at $8.5 after holding the position for two months.

According to SEC filings submitted by Coinbase on October 2, Chief Accounting Officer Jennifer Jones notified the company of her retirement decision on September 29. Jones will remain in her position until a successor is appointed, with the company having initiated a search for her replacement. The separation is not related to any disagreement with the company on operational, policy, or accounting matters.

According to ETF Store President Nate Geraci, the U.S. SEC has approved the first 3x leveraged Bitcoin and Ethereum ETFs for trading. The products seek to deliver three times the daily investment performance of Bitcoin or Ethereum.

According to Ember on-chain monitoring, a whale address E3M...9Cs sold 1 billion PUMP tokens 5 hours ago at $0.0054 per token. The address had purchased PUMP in a private sale last July at $0.004 per token for $4 million. The sale generated a profit of $1.36 million, representing a 34% return on investment.

According to Foresight News, Canary submitted S-1 amendments for a spot PEPE ETF on October 2, seeking approval for listing on Cboe BZX. The ETF aims to provide price exposure to PEPE held in trust, referenced against CoinDesk PEPE benchmark rates. Net asset value will be calculated at 60-minute New York prices, after deducting fees and liabilities.

According to Herald Economy, researchers conducted a Bitcoin trading simulation using a virtual fruit fly brain based on the complete connectome published in Nature in 2024. The connectome maps all 139,255 neurons and 54.5 million connections of a fruit fly brain. Market data was converted into olfactory signals and fed into the virtual brain's olfactory neurons. In the 15-minute interval trading simulation, the fruit fly brain neural network recorded a loss of 16.42%, underperforming both a sim

According to SemiAnalysis on September 30, Cerebras shares fell nearly 20% this week after research firm announced that OpenAI will use Nvidia GPUs for the "Ultrafast" mode of GPT-6.1 Sol instead of Cerebras hardware. The drop adds to losses since Cerebras' May IPO, leaving the stock down more than half from its post-debut peak. Shares also came under pressure after post-IPO lockup restrictions expired on 19.4 million insider-held shares, representing about 8% of shares outstanding. CEO Andrew F

According to Stocktwits reporting, Nvidia's board authorized an additional $150 billion for share repurchases this week, the largest increase in company history, bringing total remaining authorization to $235 billion through fiscal 2028. Nvidia CEO Jensen Huang defended AI spending and competition, calling Nvidia "the world's first and only growth value stock" and dismissing concerns about model distillation as "competition." Nvidia, Alphabet and Meta signed the White House's voluntary AI safety

According to Deutsche Bank, Netflix stock fell 26% year-to-date as of September 28, with U.S. viewing minutes declining 8.6% in the first half of 2026. However, analyst Bryan Kraft upgraded the stock to Buy from Hold, citing the company's overlooked international strength: viewing minutes outside the U.S. grew 5.4% during the same period. Netflix reported second-quarter revenue of $12.56 billion, up 13% year-over-year, with global viewing hours increasing 2% versus last year. Kraft noted the mar

According to ChainCatcher, citing data from Liquid24/7.xyz, Binance perpetual ETH has posted a buy order of approximately 3,130.4 ETH (~$8.35 million) at $2,668.52, roughly 0.37% below the mid-price of $2,678.55. The order represents a significant support level, with near-term buy-side depth totaling $63.32 million against sell-side depth of $53.40 million, creating a net long bias of $9.91 million, or 8.49% of total order book depth.

According to Coinglass, whales on Hyperliquid platform currently hold $9.193 billion in positions, with long positions accounting for $4.298 billion (46.75%) and short positions at $4.895 billion (53.25%). Long positions are up $488 million, while short positions show unrealized losses of $528 million.

Blast announced a halt to operations, citing an unsustainable economic model. Users must withdraw their assets by October 26, 2026.

According to Cathie Wood, ARK Invest founder, artificial intelligence inference costs are declining 99.99% annually at constant performance levels. She noted that OpenAI's annualized revenue run rate has surged from $20 billion to $70 billion, indicating that cost declines are driving rapid demand growth. Wood suggests this dynamic may eventually push broader economy-wide inflation below most investors' expectations, creating what she calls a "benign deflation" scenario. ARK Invest projects real