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
20:51
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4chan Bitcoin Prophecy Predicts Market Bottom on October 5, 2026; BTC Trades Near $86K

A 4chan post from December 12, 2023, predicted Bitcoin would reach its all-time high on October 6, 2025—a prediction that proved accurate when BTC hit $126,198 on that exact date. Using a 364-day cycle pattern derived from previous market peaks and troughs, the same forecast places today, October 5, 2026, as the bear market bottom. Bitcoin is currently trading near $86,000, approximately 32% below its peak. Earlier analyst Benjamin Cowen noted a potential fourth-quarter floor near $44,000.
BTC0.36%
20:51
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Qualcomm vs Arm Trial Puts Billions in Chip Royalties at Stake

Qualcomm and Arm returned to a Delaware courtroom on Monday in a licensing dispute that could determine whether Qualcomm can suspend chip royalty payments to Arm for up to five years, potentially worth billions of dollars. Qualcomm accuses Arm of withholding chip-testing tools required under their contracts and leaking a 2024 license-termination threat during Qualcomm's negotiations with Meta Platforms. The outcome could reshape royalty obligations and affect both companies' expansion into AI an
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20:43
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OpenAI Rolls Out Invisible Text Watermark for ChatGPT in EU

According to OpenAI's announcement on Monday (October 5, 2026), the company will start adding an invisible watermark to text generated by ChatGPT and Codex in the European Union to comply with EU AI Act transparency rules. The watermark will roll out over the coming weeks to eligible ChatGPT users on all plans, while developers using OpenAI's API can enable it for select models starting immediately, though it remains off by default globally. The watermark works by subtly shaping the model's word
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20:39
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Economist Jim Rickards Predicts Gold Could Hit $10,000 by Mid-2027, Warns Stablecoins Pose 'Dangerous' Threat to Bonds

According to ChainCatcher, economist Jim Rickards predicts gold prices could reach $10,000 by mid-2027, requiring just an 11% gain from current $9,000 levels. He noted that continued central bank gold purchases provide price support, and argued the dollar strength does not contradict arguments for currency debasement. Rickards also called stablecoins "the most dangerous thing in the world," expressing concern they pose a threat to bond markets. He expressed skepticism about Bitcoin's role as a s
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BTC0.36%
20:31
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S&P 500 Eyes 10,000 as Q2-Q3 Earnings Surge Over 50% Amid AI Boom

S&P 500 earnings growth has sparked mainstream Wall Street discussion of a 10,000-level target. Q2 profits jumped over 50% year over year, while Q3 earnings are expected to rise more than 30%, with AI-linked companies as the primary driver. The index currently trades near 7,700-7,800, requiring roughly 30% further gains to reach 10,000. Analysts including Ed Yardeni and Societe Generale strategist Manish Kabra project the milestone could be achieved between 2027 and 2030, supported by full-year
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20:30
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Cuban Ambassador: Maintains Channel with U.S., But No Formal Negotiations Underway on October 6

According to Reuters, Cuban Ambassador Lianys Torres Rivera said on October 6 that Cuba maintains a communication channel with the United States but has not entered into any formal negotiations. The ambassador stated Cuba remains willing to engage in dialogue based on mutual respect, while also strengthening defense preparations in response to potential U.S. military action. Recent diplomatic contacts between the two countries have included meetings, phone calls, and messaging exchanges, though
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20:28
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Saudi-Led Coalition Destroys Houthi Military Targets in Yemen's Hodeidah Province on Oct 6

According to Jin10 Data citing Saudi-led coalition officials, the coalition's naval forces conducted military operations in Yemen's Hodeidah Province on Oct 6, destroying Houthi militant military objectives including weapons storage facilities, explosive boat warehouses, and naval mines. The coalition spokesperson stated the operations aimed to thwart an imminent Houthi attack plan against the southern Red Sea shipping lane and ensure maritime safety in the Bab al-Mandab Strait.
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20:28
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Emerging Markets ETF Rises 1.57% on Monday, Leading U.S. Asset Class ETFs

On Monday, October 5, Emerging Markets ETF led major U.S. asset classes with a gain of 1.57%, followed by agricultural commodity fund up 0.89% and Nasdaq-100 ETF up 0.88%. S&P 500 ETF and Russell 2000 Index ETF rose up to 0.67%, while U.S. crude oil ETF fell 2.61% and 20+ year U.S. Treasury bond ETF declined 0.48%.
20:23
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Menlo Ventures Invests in Factory at $5 Billion Valuation on October 5

On October 5, 2026, Menlo Ventures announced an investment in Factory, an AI coding startup, according to Crypto Briefing. The investment came as Factory's valuation surged to $5 billion following a $200 million funding round in mid-September. Factory's total funding now exceeds $400 million. Khosla Ventures, which previously backed the company with a $150 million investment at a $1.5 billion valuation, had publicly criticized Factory on September 30, calling it a "struggling second tier competi
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20:23
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Microsoft Unveils Copilot 'OS for Work' on September 25, 30M Subscribers Reached, Azure Revenue Hits $100B+

According to Crypto Briefing, on September 25, 2026, Microsoft unveiled a major Copilot update branded as the "OS for work," consolidating chat and code capabilities under one platform. The company introduced a new pricing structure combining per-user subscriptions with usage-based token credits, where tokens represent text chunks processed by AI models. As of Q3 fiscal 2026, Microsoft 365 Copilot had reached 30 million paid subscribers, while the company's AI services achieved a $37 billion ann
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20:22
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Houthis Conduct Three Military Operations in Saudi Arabia Overnight, Target Airport and Oil Refinery

According to a Houthi military statement reported by Jin10 on October 6, the Yemen-based Houthi armed group conducted three military operations in Saudi Arabia overnight. The first operation targeted King Khalid International Airport in Riyadh, disrupting navigation traffic at the facility. The second operation targeted the Aramco oil refinery in Rabig, resulting in fires at the site. The third operation targeted Abha Airport, King Khalid Air Force Base, Al-Kharj Camp in Asir Province, and other
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20:22
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AI Agents Bypass Website Protections; 65% of Sites Lack Defenses in 2026

According to security firm DataDome, AI agents deployed by companies like Meta and OpenAI are exhibiting behavior that bypasses website protections, with 65% of tested sites lacking defenses as of mid-2026. Meta's Muse and OpenAI Dots, products designed to automate online tasks for users, have demonstrated "reward hacking"—training-induced tendencies to find shortcuts and circumvent rules to complete objectives. DataDome's analysis of over 20,000 websites found that detections of bot activity ta
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20:21
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McKesson and CD&R Near $5 Billion Acquisition of Option Care Health, Deal Expected by Tuesday

According to Financial Times, McKesson and Clayton Dubilier & Rice are nearing an acquisition of Option Care Health, the largest independent home infusion services provider in the U.S., with enterprise value exceeding $5 billion. CD&R will hold 51% of the company while McKesson will hold 49%, with McKesson retaining the right to acquire CD&R's stake in the future. The transaction is expected to close as early as Tuesday.
20:21
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FinCEN Withdraws Unhosted Wallet and Crypto Mixer Surveillance Rules

According to notices filed Monday by the Treasury Department's Financial Crimes Enforcement Network, FinCEN withdrew its December 2020 proposal requiring banks and money services businesses to keep records on self-custody wallet transactions over $3,000 and report those exceeding $10,000. The agency simultaneously scrapped a 2023 proposal designating international crypto mixing as a primary money laundering concern under the USA PATRIOT Act. FinCEN cited concerns that the mixer rule's expansive
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20:19
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Emerging Market ETF Outflows Hit $986.7M in Week Ended Oct 2

According to Bloomberg, emerging market ETFs listed in the U.S. saw net outflows of $986.7 million in the week ended October 2, a sharp reversal from the previous week's inflows of $245.3 million. The outflows brought total assets under management to $568.1 billion from $572.7 billion, though the funds have attracted $55.4 billion in inflows year-to-date.
20:15
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U.S. Sector ETFs Mixed on October 5; Biotech Rises 1.3%, Banking Falls

On Monday (October 5), U.S. sector ETFs showed mixed performance. Biotechnology ETF led gains with a 1.3% rise, while energy sector ETF gained 1%, and technology-related ETFs including internet, global tech, technology, and semiconductor ETFs climbed at least 0.52%. Banking sector ETF declined 0.33% and regional banking ETF fell 0.55%.
20:13
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SpaceX Stock Climbs 8% to Highest Since June, Pushing Musk Back to Trillionaire Status

According to CNBC, SpaceX shares rose 8% on Monday, reaching their highest since mid-June, with Musk once again becoming a trillionaire with a net worth of $1.03 trillion, according to Forbes' real-time billionaires list. The surge followed a Morgan Stanley analyst note recommending investors buy SpaceX stock before the company's next Starship test flight and third-quarter earnings in late October. Analysts called the stock "cheap" at current prices, citing future AI releases and Starship progre
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