Gate Crypto Flash News and Market Updates

According to COINOTAG, Tesla added an extra production shift on the Cybertruck line at Giga Texas on November 7 to clear a substantial backlog of undelivered orders ahead of the line's planned closure. CEO Elon Musk stated in an X post that pending Cybertruck orders far exceed the facility's

According to Bernstein analyst Mark Moerdler, OpenAI's cumulative infrastructure spending across disclosed power partnerships could reach $614 billion by 2030, significantly below the widely cited $750 billion market estimate. The forecast assumes all identified contracts proceed as planned,

According to Bloomberg, S&P 500 companies mentioned inflation-related terms 820 times during their October earnings calls, marking the highest monthly count since February 2024, reflecting growing concerns over rising costs and weakening consumer confidence. Bloomberg Economics analysts noted that r

According to Crypto.news, Kalshi reported on November 8 that its 2026 U.S. midterm election markets have surpassed $2.5 billion in trading volume, nearly double the $1.3 billion recorded during the 2024 presidential election cycle. As of November 4 morning, the platform's market-favored candidates w

According to CNBC on Friday, ARK Invest CEO Cathie Wood said market concerns about this week's technology stock selloff actually reinforce her optimism about the durability of the current bull market. Wood told CNBC that investor worries tend to signal a more durable bull market,

According to the U.S. Department of Energy, the White House canceled a scheduled meeting of the President's Council of Advisors on Science and Technology on Friday, Nov. 6, which was originally planned to include Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg, AMD CEO Su Zifeng, Oracle CTO

According to Nasdaq, the exchange will launch a 23/5 trading system on December 6, operating 23 hours daily for five days per week with only one hour reserved for system maintenance. The new schedule extends trading from 9 p.m. EST Sunday through 8 p.m. EST Friday, with an overnight session from 9 p

According to Bank of America strategist Michael Hartnett, despite the S&P 500 falling 3% and technology stocks sliding 6% this week, he is not yet moving off his defensive positioning. Hartnett outlined three prerequisites before resuming equity exposure: central banks must halt tightening, the U.S.

According to Politico, the United States and Germany will hold talks on pharmaceutical pricing in mid-November.

According to BlockBeats, on November 8, Scalar Capital co-founder and former Coinbase product lead Linda Xie shared her personal angel investment review over the past decade. She invested in 50 companies, with 60% in

According to COINOTAG, Strategy (Nasdaq: MSTR) reported its Bitcoin Bank Adoption Index at 34% for Q3 on November 8, marking a 2 percentage point increase from the 32% recorded in Q2. The company noted the index is not a market share

Following the U.S. midterm elections concluded in early November, global technology stocks experienced sharp correction, with market capitalization evaporating approximately $2.5 trillion, according to analysis reported by CTWANT. The sell-off reflects growing investor concerns about whether

According to Taiwan News, Taiwan's benchmark index fell over 5,000 points on Friday (November 6), marking the worst single-week drop in history, with market capitalization erased NT$18 trillion. Per the country's 14.82 million retail investors, average personal assets evaporated approximately NT$640

According to the Financial Times, on November 8, Democrats announced plans to investigate former President Trump's family and their cryptocurrency business relationships after winning majority control of both chambers of Congress. Trump generated over $1.16 billion in cryptocurrency-related income l

According to COINOTAG, XRP topped Upbit's Korean won market with 59.6 billion won in 24-hour trading volume on Sunday (Nov 8). The token's KRW price slipped 0.50% to 1,584 won, while its USD price rose 0.6% to $1.16.

According to Odaily, Tether voted to support Juventus' proposed 250 million euro capital increase on November 3, committing to invest 28.8 million euros in proportion to its 11.5% shareholding. The stablecoin issuer's investment aligns with its existing stake in the Italian football

According to IREN's fiscal 2027 first quarter results released on November 5, Bitcoin mining revenue fell 58% to $28 million in the July-September 2026 period, while AI cloud revenue surged 182% quarter on quarter to $200 million. The company is in the final stages of exiting cryptocurrency mining a

According to CryptoQuant, Bitcoin's 7-day average hash rate fell to 1,027.39 exahashes per second on November 7, marking its lowest level in three weeks. The metric declined by approximately 25.73 exahashes per second compared to the previous week, signaling reduced mining demand. Meanwhile, miners increased their Bitcoin holdings to 1,202,061 BTC (approximately $124.56 billion) as of the same date, up 8,087 BTC from the prior week. The accumulation suggests miners are retaining their mined Bitc

According to COINOTAG, an open-source research project on GitHub has used Grok, the AI chatbot developed by xAI, combined with stylometry analysis to test one of crypto's oldest conspiracy theories—whether Elon Musk is Satoshi Nakamoto. The satoshi-stylometry repository ranked Musk 30th out of 66 candidates in the writing style comparison.

According to Bloomberg, on November 7, thousands of protesters across Europe held demonstrations against artificial intelligence data center expansion. Around 2,000 people marched in Dublin while approximately 1,300 gathered in Helsinki, with the Stop Dirty Data Centres coalition calling for a building moratorium until public democratic processes determine how such projects should serve society and the environment. Communities are increasingly concerned about land and power demands, rising energ