Gate Crypto Flash News and Market Updates

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

According to Sony's November 5 financial results, the company's operating profit surged 45% to ¥622.3 billion ($3.95 billion) in the July-September quarter, while Nintendo's operating profit declined 16% to ¥73.9 billion for the same period. Sony's gaming division saw operating profit increase

According to Aave's November 6 announcement, Aave Labs has acquired Avon's fixed-rate and floating-rate lending protocols, onchain order book, and related intellectual property. The acquisition comes as the Aave network surpasses $33 billion in deposits and $13 billion in active loans. Avon

According to Ox Bid, who leads trading for Coinbase Wallet, Solana (SOL) trading volume executed inside the platform grew 12-fold over the past three months without any Solana-specific reward program.

According to its November 5 earnings release, Hyperliquid Strategies held approximately 38.52 million HYPE tokens worth $3.5 billion as of September 30. The Nasdaq-listed company also reported $254.6 million in cash and zero debt. A subsidiary has filed an application to become a futures

According to the Malopolska Regional Government, a shooting occurred at the Central Market Square in Krakow, Poland on the afternoon of November 7, resulting in 6 deaths and 15 injuries. Police returned fire and apprehended the suspect, who was dressed in

According to an ECB interview published on November 7, ECB President Christine Lagarde said the central bank will not commit to a December rate hike, noting that monetary policy decisions will be made data-dependently at each meeting. She stated that significant changes in conditions would be

According to Russia's Defense Ministry, the country's air defense forces destroyed 28 Ukrainian drones within 24 hours.

According to COINOTAG, Gnosis Pay, a crypto debit card issuer, detected unauthorized access to its legacy consumer card system on Nov. 3, exposing customers' home addresses, card numbers and every cryptocurrency wallet linked to their accounts. The breach affected the platform's consumer card

According to Alphabet's November 6 SEC filing, Google parent company disclosed a $548 million stake in Qualcomm as of September 30, held through Google Ventures. The position originated from Qualcomm's July 28 acquisition of AI software company Modular, which was valued at approximately $2.6

According to Bloomberg, Binance appointed Justin Yek as new chief financial officer (CFO) on November 8, replacing Kaiser Ng, who is departing to pursue new opportunities. Ng joined Binance in 2022. Yek previously served as vice president of finance at cross-border payments company Airwallex and held roles at Morgan Stanley managing Southeast Asia technology investment banking, as well as Citigroup.

According to CNBC, OpenAI CFO Sarah Friar said on November 6 the company will continue expanding its artificial intelligence infrastructure despite a $2.5 trillion stock-market selloff and growing opposition to data-center construction. Speaking during a CNBC interview, Friar defended the

According to Berkshire Hathaway's November 7 earnings release, the company repurchased $9.6 billion in shares during the third quarter of 2026 as net income declined 28% to $22.11 billion from $30.80 billion a year earlier. The buyback acceleration, led by new CEO Greg Abel, was approximately twice the $4.8 billion spent during the first half of 2026. Berkshire's insurance operations drove weakness, with underwriting earnings falling 43% to $1.35 billion. Geico's underwriting profit dropped appr

According to COINOTAG, Strategy (formerly MicroStrategy) pitched its vision to operate the world's Bitcoin bank at the Money20/20 fintech conference on Friday, highlighting its 845,000 BTC holdings as the foundation for the