Gate Crypto Flash News and Market Updates

Mexico's central bank cut interest rates by 25 basis points to 6.25% on November 5, according to official announcements. The move came as a surprise against market expectations, which had anticipated the central bank would maintain rates

According to CoinDesk, Daylight, an a16z crypto-backed energy startup, raised $75 million on October 16, 2025, comprising a $15 million equity investment led by Framework Ventures and $60 million in non-recourse project financing from Turtle Hill Capital. The company launched the DayFi protocol on Ethereum in December 2025, which uses a dual token system: GRID as a stablecoin and sGRID as a yield-bearing asset backed by solar installation revenue. Investors deploy capital through DayFi to gain e

According to CNBC, the Chicago Board Options Exchange (Cboe) Volatility Index (VIX) surged to 26.61 on November 5 at 1:44 p.m. ET, up 10.00 points or 60.20% from the previous trading day, marking its highest level since March 31. The surge followed the S&P 500's worst single-day decline in approximately 1.5 years. Wall Street traders noted the VIX rise may not have fully reflected the market's sharp sell-off, given the industry standard of 16 VIX points equivalent to 1% index movement.

Fetch.ai will sponsor a $11,000 AI engineering hackathon on November 7 in San Francisco, collaborating with Google DeepMind, Meta, and MongoDB, according to its official announcement. Participants will develop applications using Fetch.ai's ASI:One platform in a competitive environment.

Saudi Aramco cut its official selling price for Arab Light crude oil destined for Asia in December to a $7 per barrel discount versus the benchmark, according to the pricing announcement.

According to Arabia TV, a Saudi official today denied claims in a Wall Street Journal report regarding Houthi demands for reparations and international recognition, calling the allegations baseless. The official emphasized that Yemen has a government recognized by the international community.

According to ChainCatcher, the SEC's proposed amendments on financial responsibilities, record-keeping, and reporting requirements for crypto asset brokers have entered White House review.

According to FinanceFeeds technical analysis on November 5, gold rebounded from the 3,890 weekly support level and formed a weekly Bullish Engulfing candlestick reversal pattern. The price action reversed from the support zone comprising the 3,890 level (held since October 2025) and the lower weekly Bollinger Band. Gold can be expected to rise toward the next resistance level at 4,200, which previously halted the correction in October.

According to John Vlad, head of Goldman Sachs' Americas equities execution services, the bank's equities trading desk experienced a surge in client calls on Thursday as investors sought market interpretation following a technology stock selloff. Vlad noted in a report to clients that Wednesday was o

According to Economic Daily News, Wyle Electronics reported Q3 after-tax net profit of NT$10.3 billion on November 5, representing a 6% quarter-on-quarter increase and 1.7x year-on-year growth. Earnings per share (EPS) reached NT$7.97, while cumulative first-three-quarter EPS stood at

According to Morgan Stanley, on November 6, the brokerage issued a report on Taiwan's semiconductor supply chain, rating 8 stocks including MediaTek, Quanta, Unimicron, Siliconware, Kingboard, and others as "outperform," citing strong server CPU demand from AMD. The firm downgraded 4 stocks including Acer, ASUS, and Compal to "underperform" due to weakening PC market headwinds. Morgan Stanley forecasts AMD's server CPU market to grow at a 50% compound annual rate through 2030, with Venice CPUs e

According to Economic Daily, Taiwan's stock market fell for the sixth consecutive day on November 5 amid pressure from foreign selling and margin liquidation. Market sentiment turned defensive, with capital shifting into large-cap financial stocks and traditional sectors such as Chinatrust

According to COINOTAG, Franklin Templeton's tokenized funds on the Stellar mainnet reached $1.1 billion as of November 5. The milestone was driven by net inflows of $200 million into the BENJI money market fund over the past 24 hours, lifting Stellar to the second-largest blockchain platform among t

According to WuBlockchain, Core Scientific announced during its Q3 earnings call that it will fully shut down Bitcoin mining operations by Q4 2026. The company's colocation revenue surged to $215 million in Q3, up nearly 60% quarter-over-quarter, as it shifts focus toward high-performance

According to Chainlink, OlympusDAO has fully deprecated its legacy bridge and migrated to Chainlink CCIP as its primary cross-chain infrastructure. The migration covers over $280 million in OHM, with all transfers now operating across seven supported chains. This transition strengthens OlympusDAO's cross-chain operations and underscores Chainlink CCIP's expanding role in decentralized finance infrastructure.

According to Foresight News, Zilliqa announced today it will transition from an independent Layer 1 network to Ethereum's Layer 2, branded as the Zilliqa Institutional Layer (ZIL) and targeting regulated institutions. The shift comes as the original blockchain's usage volume was insufficient to

According to @aeroxyz, Aero became the second-largest decentralized exchange (DEX) on Arbitrum within 12 days of launch. The rapid rise demonstrates strong community engagement and user adoption of the platform on Arbitrum, which offers faster and cheaper transactions compared to

According to Shanghai Gold Exchange, gold and silver futures fell on the evening of Nov 5. Gold T+D declined 0.28% to close at 880.0 yuan per gram, while silver T+D dropped 0.72% to 12554.0 yuan per kilogram.