Gate Crypto Flash News and Market Updates

According to Onchain Lens, Fidelity transferred a total of 27,000 ETH to Galaxy Digital today (November 7), valued at approximately $60.27 million. The latest transfer of 10,000 ETH, worth about $22.32 million, was completed earlier today. Arkham data confirms the transfers originated from Fidelity

According to COINOTAG, Binance will close accounts for customers in France, Spain, Italy and Poland on December 31, 2026. The exchange urged affected users to withdraw their crypto and fiat balances, with new monthly fees set to begin on November 29. The company confirmed the closure plan through cu

According to Onchain Lens, Machi Big Brother recently sold two more Bored Ape Yacht Club (BAYC) NFTs. Including BAYC #32 sold earlier, the cumulative loss on three sales totals approximately $246,000.

According to ChainCatcher, Gnosis Pay disclosed on November 6 that its payment card system suffered unauthorized access on November 3, exposing customer names, addresses, card details, and cryptocurrency wallet addresses. The company contained the incident within two hours of discovery, replaced

According to The Defiant, Binance has appointed Justin Yek as chief financial officer, with Kaiser Ng stepping down from the role. Binance co-CEO He Yi stated that the transition plan has been in preparation for six

According to blockchain analysis firm Elliptic, approximately 2,300 BTC (~$175 million) from the Binance hack have been transferred to new addresses as of Nov 7, 16:00 Beijing time, primarily converted from other stolen assets. About 44 million XRP (~$51 million) were moved the previous night,

According to the U.S. Treasury's Financial Crimes Enforcement Network, on Friday, the department severed MEXC Global, one of the world's 20 largest crypto exchanges, from the U.S. financial system. Treasury accused MEXC of facilitating at least $16 billion in illicit transactions tied to sanctions evasion and cybercrime between May 2021 and May 2026. The order bars U.S. financial institutions from processing transfers to or from MEXC and takes effect 30 days after publication in the Federal Regi

According to Iran's Revolutionary Guards Navy, two tankers caught fire after hitting mines in the Strait of Hormuz on November 8. The Islamic Republic stated that both vessels were operating through unauthorized shipping routes in the eastern waters of the strait and within the waterway. The tankers

According to 24/7 Wall Street, the financial analysis firm on Saturday published a long-horizon valuation projecting 10,000 XRP could be worth between $20,000 and $36,500 by 2030.
The analysis frames XRP's widely watched $5

According to Nippon Newspaper, 112 of 239 Japanese listed manufacturing enterprises raised their net profit forecasts for the fiscal year ending March 2027 on November 8, representing 47% of surveyed firms.
The upward revisions were driven by successful price increases, sustained artificial

According to Bitcoin News, FinCEN and the Federal Reserve are withdrawing a 2020 proposal that would have lowered the record-keeping and travel rule thresholds under the Bank Secrecy Act from $3,000 to $250 for transfers originating or terminating outside the United States. The agencies stated that

According to COINOTAG, on November 7, Bitcoin short-term holders crossed into a net loss of $162 million, flipping from a previous position of $49 billion in profit.

According to U.S. Central Command, U.S. military aircraft struck a merchant vessel in the Strait of Hormuz on November 7, rendering it unable to navigate. The ship, the Houthia, flies the flag of Saint Kitts and Nevis and had previously docked at Iranian ports. The Central Command stated the crew "r

According to Setn News on November 7, among Taiwan's top 10 stock ETFs, only three posted asset gains over the past week despite broader market volatility. Kuo Kei Taiwan TOP 50 (009816) led with a 1.6% increase in assets, while Yuanta High Dividend (0056) and Cathay Premium High Yield Taiwan (00919

According to Economic Daily, on November 6, Tung You, a multifunction office equipment manufacturer, surged past the daily trading limit twice amid a broader Taiwan stock market decline that wiped out 1,873 points and saw nearly 1,000 stocks slide. The stock gained 20.1% over three days, becoming a

According to U.S. Central Command, on Saturday (November 7), the U.S. military disabled a commercial vessel in the Gulf of Oman. The vessel's civilian crew repeatedly disregarded American warnings and attempted multiple times to breach the maritime blockade imposed on

According to the U.S. State Department, Secretary of State Rubio will attend the Group of Seven (G7) foreign ministers meeting in France on November 8-10. The State Department said Rubio will use the talks to "advance U.S. interests in engagement with G7 counterparts." The conference will focus on Ukraine, Iran's nuclear program, Middle East tensions including Israel and Lebanon, and Indo-Pacific security issues. France will also host discussions on artificial intelligence and Ukraine aid, with