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
08:39
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White House Unveils New Arc de Triomphe Design Amid Legal Challenge

The White House unveiled a new design for President Trump's proposed giant Arc de Triomphe-inspired monument yesterday (November 6), positioning it as a tribute to U.S. military history. The announcement comes after a federal judge on November 5 halted construction on the project amid ongoing
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08:25
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Elon Musk Denies Criticizing Binance Market Dominance; Reports Called 'Fabricated'

According to BlockBeats, on November 7, Elon Musk denied allegations that he criticized Binance's market dominance, clarifying he never wrote such statements and calling the reports fabricated. CZ, Binance's founder, had earlier countered the rumors, stating: "Don't be that person spreading false information." Musk subsequently confirmed the circulating claims were not authored by him.
08:03
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Kalshi's U.S. Midterm Election Markets Top $2.5B in Trading Volume, Double 2024 Cycle

According to Kalshi's official announcement, the prediction market platform's 2026 U.S. midterm election-related markets generated over $2.5 billion in total trading volume, nearly double the $1.3 billion from the entire 2024 election cycle. On November 3, Kalshi's election contract single-day trading volume reached $729 million, surpassing the $244 million recorded on November 2024's U.S. presidential election day. Around the election date, the platform's overall daily notional trading volume r
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08:01
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24/7 Wall St. Targets TSMC at $516.16, Sees 37.5% Upside from Nov 6 Close

According to 24/7 Wall St., as of Nov 6, Taiwan Semiconductor Manufacturing Company (TSMC) closed at $375.44 and has a target price of $516.16, implying 37.5% upside potential. The research firm issued a "buy" rating with a 90% confidence level, citing TSMC's dominant control of advanced chip
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07:51
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Volvo Debunks Fraudulent Airbag Recall Text Messages

Volvo Cars issued a statement recently debunking phishing messages claiming to involve Takata airbag recalls. The company clarified that such information does not originate from Volvo's official channels. Volvo's legitimate recall notices will never request sensitive information such as bank card de
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