Gate Crypto Flash News and Market Updates

According to ChainCatcher, AI data center operator Groq, backed by Nvidia, has issued B-round funding invitations seeking an $8 billion pre-money valuation. The funding round would more than double Groq's valuation within approximately three

According to ChainCatcher, citing order book intelligence platform Liquid247.xyz, Binance perpetual BTC saw a large sell order of 100.023 BTC placed at $75,933 today (Nov 8), representing approximately $7.595 million notional value. The order was quoted 0.13% above the mid-price of $75,833 at the time.

According to Bloomberg, on November 19, ING will close bidding for the sale of approximately $500 million in data center loans through a competitive auction process. The portfolio includes 12 loans, with a minimum bid of $10 million per loan.
A $25 million loan related to a major data center

According to The Information, Apollo Global Management on November 8 announced plans to purchase $75 billion in AI chips across two transactions. The firm will acquire $40 billion in Nvidia Vera Rubin chips to lease to SpaceX, and has arranged $35 billion in financing to purchase Google TPUs for lease to Anthropic. Once completed, the deals will position Apollo as the world's fourth-largest AI chip holder after Amazon, Microsoft, and Google, far exceeding CoreWeave's cumulative $27 billion in ne

According to Guru Club, on Saturday November 8, demonstrators from over 100 civil organizations across 15 European countries took to the streets to protest rapid data center expansion, citing concerns over energy consumption

According to Liberty Times, Taiwan's listed and OTC margin financing balance fell NTD 56.4 billion on Nov 6, marking the largest single-day decline. The drop followed the stock market's historic intraday plunge of 3,737 points. Of the 3,382 margin call orders issued that day, only 171 were

According to analysts at FTNN, Fubon Taiwan Top 50 (006208) plans a 1-for-7 split today, with a shareholder vote scheduled between November 27 and December 15, 2026. If approved, the unit price will decrease from approximately NT$210 to about NT$30, lowering the entry cost to roughly NT$30,000 for 1

According to The Information, on November 7, Taiwan Semiconductor Manufacturing Company (TSMC) is considering producing advanced 3D DRAM chips for Nvidia to expand its presence in AI hardware markets. Winbond Electronics Chairman Joe Chiao stated that TSMC is a company pursuing excellence and

According to Economic Daily, Taiwan-based E-You surged to daily limit on November 6, gaining 20.1% over three days as the broader Taiwan stock market retreated. The multifunctional office equipment manufacturer posted back-to-back daily limit gains, emerging as a standout performer amid the

According to data from major South Korean exchanges on Nov 8, DEBIT (Teller Finance) surged 26.68% to 1,567 Korean won on Bithumb with trading volume of approximately 3.27 billion won, while CUDIS jumped 23.81% to 4.15 won with volume around 436 million won. On Upbit, MET2 (Meteora) also posted

According to ChainCatcher, OKX founder Star announced today that users should avoid directly transferring funds from MEXC to OKX. The exchange is implementing enhanced risk management measures related to FinCEN sanctions compliance, applying standards similar to financial sanctions

According to ChainCatcher, the European Commission has established a dedicated sanctions office and created a crypto task force within it to counter Russian use of digital assets for sanctions evasion. The task force will operate for 12 months with support from Ukraine and the United Kingdom.
The t

According to Yonhap Infomax, Kakao Bank's credit loss provisions jumped 30.9% in Q3 2026, reaching 72.9 billion Korean won compared to 55.7 billion won in the same period last year. K Bank's provisions also increased 15.2% to 60.1 billion won. Both banks showed credit loss costs as a proportion of p

According to financial sector data released on November 8, Kakao Bank maintained its net interest margin (NIM) at 2.15% in Q3 2026, improving 2 basis points from the previous quarter, while K Bank held its NIM steady at 1.61%. This contrasted sharply with South Korea's major commercial banks,

South Korea's government announced on November 9 it will temporarily waive securities companies' obligation to maintain a 140% margin maintenance ratio for three months to prevent forced liquidations during the market downturn. The measure aims to block a vicious cycle where falling stock prices

According to Storm Media, Taiwan's benchmark index plunged 1,873.08 points and fell below the 40,000 level on Friday (November 6), prompting the National Stabilization Fund to launch its 10th market stabilization measure. The index closed at 39,701.64 points. Analyst Hsu Po-chieh highlighted Taiwan'

According to analyst Kuo Chen-liang, citing Gartner research, Nvidia's AI business model is financially unviable. The consultancy estimates AI data center operators will need $8.5 trillion in cumulative revenue by 2030 to cover capex and financing costs, but can only generate $3.6

According to Onchain Lens, Smartestmoney currently holds 1.38 million HYPE tokens worth $106 million with unrealized gains of $52.76 million. The long position was opened 11 months ago with a liquidation price of $71.08; HYPE is currently trading at $76.96.

According to Bitcoin News, Square will complete its phased rollout of Bitcoin payments by November 10, extending support to over 4 million eligible U.S. merchants who will automatically gain the capability without requiring separate enrollment. Customers can pay through the Lightning Network with