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
05:21
0

Bitcoin Hash Rate Drops to 3-Week Low on Nov 7, Miners Accumulate Holdings

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
More
BTC-0.30%
05:20
0

Grok-Powered Stylometry Study Ranks Elon Musk 30th of 66 in Satoshi Test

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.
05:17
0

Thousands Protest Data Center Expansion Across Europe on November 7, 2,000 March in Dublin

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
More
05:01
0

Three Malaysian Banks Experience Service Disruptions on November 6

According to the United Morning Post, three Malaysian banks—BSN (National Savings Bank), Bank Islam, and Bank Rakyat—experienced service disruptions on November 6. BSN faced difficulties with cross-bank withdrawals via MEPS due to high ATM transaction volumes. Bank Islam's mobile application
More
04:46
0

Taiwan Futures Index Recovers to 40,000 Overnight as TSMC ADR Surges 6.3%

According to Guru Club, Taiwan Futures Index (TAIEX) rebounded to 40,298 overnight Friday (November 8), recovering the 40,000-point level, as Taiwan's government announced the National Stabilization Fund would enter the market starting Monday. TSMC ADR surged 6.33% to $375.44, translating to 2,460.4
More
04:35
0

Square Expands Bitcoin Payments to Over 4 Million Merchants by November 10

According to Bitcoin News on X, Square plans to complete a phased rollout by November 10, expanding bitcoin payments to its network of over 4 million merchants. The deployment, which began on March 30, automatically enables bitcoin payments for eligible U.S. merchants without requiring opt-in.
More
BTC-0.30%