Gate Crypto Flash News and Market Updates

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

According to Polymarket, as of Nov 7, Bitcoin has a 52% implied probability of reaching $70,000 before 2027, a 24% probability of hitting $90,000, and a 9% probability of touching $100,000. Bitcoin was trading at $75,723 at press time, down 2.4% over the past seven days and down 6.6% over the past m

According to COINOTAG, Ripple CEO Brad Garlinghouse defended XRP's role within the company today as the token sits 66% below its July 2025 high. The comments come amid growing backlash from XRP holders over Ripple's expansion into products that do not require the token.

According to ChainCatcher, Tesla (TSLA.O) announced it will add an additional shift to ensure timely delivery of all Cybercab orders.

According to ChainCatcher, Elon Musk said Tesla's Cybertruck order backlog currently far exceeds production capacity. The company is expected to dismantle its existing production line by June or July next year to expand Cybercab

Dave Wehner, Meta's chief strategy officer, is leaving the company to join Fireworks, a four-year-old AI inference and model-training platform, as CFO, he announced on Friday. Fireworks was valued at $17.5 billion during a Series D fundraising round in July and is currently in early talks to raise f

According to FinanceFeeds, Republican House committee chairs requested a closed-door briefing with Nvidia CEO Jensen Huang on November 18 to discuss alleged Chinese intelligence activity and his interactions with a Megaspeed executive. The request follows media reports alleging the executive had

According to the Bureau of Labor Statistics and interest-rate futures, the US added 165,000 jobs in October, substantially exceeding economist forecasts of 65,000 and pushing market-implied odds of a December Fed rate hike to 75–80%. Unemployment fell to 4.1%, while average hourly earnings