Gate Crypto Flash News and Market Updates

According to CNBC's Jim Cramer on Thursday, investors are too quick to sell technology stocks based on sector-wide association rather than company-specific fundamentals. U.S. markets fell sharply, with the Dow Jones and S&P 500 each down 0.4% and the Nasdaq Composite down 1.4%, as disappointing

According to Bybit CEO Ben Zhou on October 30, Bybit announced that its platform was not affected by recent security incidents reported on social media. The platform's systems are operating normally, with trading and withdrawal functions remaining available, and user assets are secure. Bybit

According to market reports, Micron Technologies stock fell 5% to $934.27 per share on Thursday (October 28), as the memory chip sector faces heightened investor expectations. The decline came even as Samsung Electronics' fourth consecutive profit record failed to impress markets, with Samsung share

According to the National Statistics Office of South Korea, all major real economy indicators rebounded in September. Industrial production grew 3.0% month-on-month, retail sales increased 3.6%, and facility investment rose 5.3%, marking the first triple-digit gains in three months. Manufacturing ou

According to CNBC on October 29, Reddit beat third-quarter expectations with adjusted EPS of $1.40 against consensus $1.35, and revenue of $895 million versus expected $878 million. However, the company's fourth-quarter revenue guidance of $1-1.03 billion fell short of the Street consensus of $1.05

According to the Financial Services Commission, South Korea's seven major investment firms supplied 11.6 trillion won in venture capital in the second quarter of 2026, up 2 trillion won from the previous quarter. However, the composition reveals a disconnect from policy goals: debt securities

ANZ Bank upgraded its Brent crude oil price forecast for December 31 to $105 per barrel from $95 per barrel, citing persistent supply constraints from physical supply tightness that are unlikely to ease before

According to Ripple's announcement at Swell 2026 on October 28, the company targets $900 million in annualized product revenue run rate by year-end 2026, three times its approximately $300 million level at end of 2025. CEO Brad Garlinghouse attributed the expansion to growth across multiple

According to Fin10 Data, the U.S. reported third-quarter GDP growth of 3.4% yesterday morning, while the core Personal Consumption Expenditures (PCE) index rose 3.1% year-over-year in September. Additionally, the European Central Bank held interest rates steady during its latest policy

According to Business Insider, on October 29, Elon Musk stated that artificial intelligence will usher in an era of abundance, making it pointless to save money for the distant future. The SpaceX CEO, with a net worth of approximately $1 trillion, said on X that if advanced AI and robotics

According to CNBC, Polymarket's international exchange suffered a security breach on October 29 (local time), with users reporting unauthorized fund withdrawals via social media. The incident stemmed from a compromise of DebugBear, a third-party website performance monitoring vendor. At least $2.7 m

According to Jin10, Israel's government implemented stricter aviation security procedures on October 29, following a pilot assault incident on a Dubai airline flight to Tel Aviv. All foreign and domestic airlines must now submit complete crew member lists 48 hours before departure to Israel's

According to PANews and Aave's official statement, on October 30, Aave froze all DAO-operated markets on V3 and V4 as a precautionary measure following reports of a security incident involving a Binance-associated wallet. The protocol confirmed that Aave contracts remain unaffected and all

According to Investing.com, on Oct 29, Pinterest reported adjusted earnings per share of $0.46 for the third quarter, below Wall Street consensus of $0.49. Third-quarter revenue reached $1.17 billion, missing the consensus estimate of $1.21 billion. The company's fourth-quarter revenue guidance of $

According to The Information, Nvidia is recently negotiating to provide billions of dollars in credit support for a cloud service provider's $45 billion transaction with Anthropic.

Spot palladium dropped to $1,000 per ounce today, declining 0.37% intraday.

According to Yonhapinfomax, Starbucks reported adjusted earnings per share of $0.80 for the fourth quarter of fiscal 2026 (ended Sept 27) on Oct 29, exceeding analyst expectations of $0.72. However, revenue reached $9.14 billion, falling short of the estimated $9.23 billion. Net income surged to $67

According to Odaily, UNI declined 13.2% over the past 24 hours to $6.29 following a Binance hacker's selling activity.

According to Guru Club, Canadian artificial intelligence model developer Cohere completed the first tranche of a funding round valuing the company at $20.5 billion on October 30. The total funding round is expected to reach up to $5 billion. The round includes commitments from the Canadian government, Nvidia, and European retail group Schwarz Group, which previously disclosed a $600 million investment.

According to The Verge, Reddit CEO Steve Huffman said today in the company's Q3 2026 earnings call that Google's AI-powered search modes do not help drive traffic to the platform. Huffman attributed part of Reddit's search traffic decline to how AI Mode and AI Overviews change the search experience. Reddit revealed in its Q3 earnings that search traffic in October dropped by more than 1 million referrals on average per week. Huffman stated that AI Overviews and AI Mode have "evolved" and now pus