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.
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17:32
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Digital Chamber Files Motion Against Illinois PYUSD Tax on Nov 5

According to Digital Chamber's official statement, on November 5, 2026, the organization filed a motion for summary judgment challenging Illinois' Digital Asset Tax, arguing it discriminates against stablecoin transactions.
The tax applies only to PYUSD transfers while exempting equivalent PayPal t
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17:31
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Polygon Shares Insights on Onchain Rails' Role in Money Markets

According to its official tweet, Polygon recently highlighted the importance of onchain rails in sustaining money market activity. The statement underscores the critical role of blockchain infrastructure in supporting the growth of decentralized
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17:19
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Citi Increases Tesla Holding 10.1% to 8.69M Shares Worth $3.09B in Q3

According to Citi's Q3 filing, the bank increased its Tesla common-stock holding by 10.1% to 8.69 million shares, valued at approximately $3.09 billion at quarter-end. The filing also revealed that Citi added positions in Lucid and Rivian while reducing holdings in XPeng and General Motors during th
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