Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
03:47
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China's AI Developers to Receive Only 1% of Ordered $700B Nvidia RTX Chips

According to Bloomberg Technology, Chinese artificial intelligence developers are expected to receive only 1% of the $700 billion worth of Nvidia RTX chips they have ordered in the coming months. The shortage reflects Nvidia's efforts to ramp up production amid surging demand for its advanced
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03:42
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China to Accelerate Construction of 400+ Major Water Network Projects During 14th Five-Year Plan Period

During the 14th Five-Year Plan period (2026-2030), China will accelerate the construction of more than 400 major water network projects, according to a press conference by the National Development and Reform Commission. The initiatives will focus on flood risk prevention and control, water resource allocation and supply, and ecological protection and restoration of rivers and lakes, with the goal of improving flood disaster prevention systems, water resource distribution networks, and ecosystem
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03:34
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AMD Q3 Revenue Surges 97% in Data Center Business, Beats Earnings Estimates

According to MarketWatch, AMD reported third-quarter revenue of $13.4 billion, up 45% year-over-year and surpassing analyst estimates of $13.1 billion. Adjusted earnings per share reached $2.09, beating expectations of $1.95 and representing a 74% increase year-over-year.
AMD's data center
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03:29
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Trader VBVIT Holds Largest BTC Short on Hyperliquid With $4.89M Unrealized Gains

According to ChainCatcher, as of November 4, anonymous trader VBVIT holds a 25x leveraged short position of 1,376.07 BTC on Hyperliquid with unrealized gains of approximately $4.89 million. The position, worth about $104 million, was opened at an average price of $79,860.8 per BTC. The account, which has total holdings valued at approximately $163 million with 95% in short positions, currently holds the highest BTC unrealized gains short on the platform, according to monitoring data from ai9684x
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03:29
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Robinhood Crypto and Arbitrum Launch $1.8M Grant Program on November 3

According to ChainCatcher, on November 3, Robinhood Crypto and Arbitrum launched an Open House grant program supporting projects launching on Robinhood Chain (Ethereum Layer 2), with a total funding pool of $1.8 million. The second cohort of the Arbitrum Mentorship Program runs for 12 weeks, with individual grants of $100,000 per project. Applications remain open through December 6, 2026.
ARB+1.58%
ETH-0.51%