Gate Crypto Flash News and Market Updates

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

According to Gartner's analysis, AI data center operators must generate $8.5 trillion in cumulative revenue by 2030 to cover infrastructure capital expenditures, financing costs, and expected returns. However, AI data center-attributable revenue is estimated at a maximum of $3.6 trillion, creating a

According to China Times, President Trump appointed Stephen Miller, 41, as White House chief of staff on November 7, elevating one of his longest-serving confidants to a position of core authority. Miller joined Trump's 2016 presidential campaign as a speechwriter and has remained a key adviser

According to Iran's state television, explosions were reported in four locations in southern Iran—Chabahar, Sirik, Abbas Port, and Qeshm Island—with the cause remaining unclear.

According to the U.S. State Department and FBI, on November 8, the U.S. called for coordinated international action against North Korean cyber threats linked to the Binance breach. The FBI attributed the hack to North Korean hackers. The State Department urging all UN member states to enforce

Iran's UN delegation in Vienna recently accused the United States of recruiting operatives through a "Rewards for Justice" program to carry out attacks on Iranian nuclear scientists and nuclear facilities. The Iranian representatives warned that any entity providing information related to such recru

According to Economic Daily, Taiwan's National Stabilization Fund activated its 10th market intervention on Friday, November 6, following a single-week stock market decline of 5,510 points, representing a 12.1% drop. The fund is expected to target 15 blue-chip stocks, including Taiwan Semiconductor Manufacturing Company, Unimicron Technology, and Nanya Technology, to lead the market's bottom-building and rebound efforts, with support from eight state-owned financial institutions.

According to Israeli media, the Israeli president has recently appointed Gadi Eisenkot, a political rival of Benjamin Netanyahu, to form a new government.

On Nov. 5, Bitcoin spot exchange-traded funds (ETFs) swung from $74.6 million in net inflows on Nov. 4 to $430.2 million in net outflows, according to Farside Investors. The shift followed a sharp market selloff, with the S&P 500 dropping 4.4%, the Nasdaq falling 5.5%, and Bitcoin falling

According to Economic Daily, as of November 6, Taiwan's stock market saw margin financing decline by NT$56.4 billion, marking the fifth consecutive day of deleveraging. Amid retail investor pullback, institutional buyers and major traders have quietly stepped in, showing a "retail exit, institutiona