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
09:39
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Fed's Williams Says Inflation Elevated and Prolonged, Nov 6

According to Fed Chair Williams on November 6, inflation in the U.S. remains elevated and has persisted longer than expected. He noted that the labor market remains "exceptionally stable and robust," while economic growth has strengthened. Williams added that energy prices are passing through to air
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09:32
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EDX Markets Lists CBTC/USD Spot Trading Pair on Canton Network

EDX Markets and BitSafe have launched CBTC/USD spot trading, providing institutional customers with a centralized exchange venue for the Bitcoin-backed token on Canton Network. CBTC is issued on Canton and backed one-for-one by Bitcoin. Granite River Trading will provide market-making from launch. The firms plan to add CBTC/USD perpetual contracts and CBTC/BTC spot trading in the coming weeks. Canton Coin is expected to become eligible collateral for the perpetual market.
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09:25
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Transcend CEO: Memory Prices Hit Plateau, Q4 Operations Seen Flat vs Q3

According to Transcend CEO Tso Chung-Wan on November 6, memory prices have stabilized at elevated levels with limited room for further gains. The company forecasts Q4 operations will remain roughly flat compared to Q3, as price momentum from the previous quarters has petered out. Low-cost inventory gains that benefited module makers have largely been exhausted by Q3, leaving future performance dependent on shipment volumes rather than margin expansion. Regarding supply, DRAM remains in tighter s
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09:21
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Zilliqa Announces Shift to Ethereum Layer 2 for Regulated Institutions

According to Zilliqa's official announcement on November 5, the blockchain project is transitioning from its independent Layer 1 network to an Ethereum-based Layer 2 infrastructure called the Zilliqa Institutional Layer (ZIL). The new network will use Ethereum for transaction settlement while
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