Gate Crypto Flash News and Market Updates

According to ChainCatcher, Tencent's Sogou Wenwen Q&A community and Sogou Mall halted services today, Nov 7, at 23:59, having once served over 100 million users. All related pages will become inaccessible, and user accounts will be automatically deregistered. The platform will delete or anonymize al

According to Russian and Ukrainian sources, Ukraine has received $49.4 billion in support from frozen Russian assets over the past two years, according to calculations based on data released by Ukraine's Finance Ministry. The country received $10.5 billion in 2026 alone, all derived from the

According to the New Zealand Electoral Commission, on November 7 the National Party-led governing coalition secured enough parliamentary seats to continue in government based on counts of 95% of election

According to COINOTAG, Canary's XRP ETF recorded a net outflow of $529,500 on November 2, marking the only flow activity among U.S. spot XRP ETF products during the week. Other XRP ETF funds showed zero net activity from November 3 to 6.

According to Arkham analyst Emmett Gallic, a major whale resumed buying yesterday on November 7, acquiring 3,009 BTC after remaining inactive for over a year. The wallet had purchased 50,000 BTC at an average price of $20,000 in late 2022, then gradually sold its holdings between 2024 and

According to crypto analyst Ali Charts, Bitcoin could target $60,000 if it slips below the $73,000 support level that has held near the midpoint of a year-long trading range. The analyst shared the technical analysis on

According to Zcash official statement, the NU7 network upgrade activated on November 6 at approximately 02:34 UTC at block 3,543,405. The upgrade reduces the target block interval from 75 seconds to 25 seconds, enabling private transaction confirmations to arrive approximately three times faster

On November 5, the Greek Parliament approved the country's first comprehensive cryptocurrency tax framework, establishing a 10% levy on individual crypto investment gains effective January 1, 2027. The legislation includes a €500 annual exemption for individual investors; once gains exceed this

According to Mediatek CEO Tsai Li-hsing at an earnings call on November 7, the company raised its fourth-quarter revenue forecast for its first-generation AI accelerator to $2.5 billion, up from the prior guidance of $2 billion. This represents nearly 40 percent of Mediatek's expected Q4 revenue.
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According to FTNN, Taiwan's Weighted Index plunged 1,873.08 points yesterday (November 6), closing at 39,701.64 points in what marked the largest single-day point drop in history. Foreign investors sold a net 91.188 billion New Taiwan dollars worth of shares across the market. Among ETFs, the

According to CMoney's data as of November 5, Yuanta Nomura Taiwan 50 ETF (00985A) topped actively managed Taiwan stock ETF rankings with a 47.8% return for the year, becoming the only fund to outperform the broader market. The weighted index gain has contracted to 45.8%

According to Taiwan Stock Exchange data released on November 7, Taiwan's Weighted Index fell to 39,701 points on November 6, declining 4.51% or 1,873.08 points, marking the largest single-day point drop in history. Despite selling NT$91.188 billion in stocks overall, foreign investors

According to The Financial Times, U.S. officials prepared a memo detailing allegations of a relationship between Nvidia CEO Jensen Huang and Chinese intelligence earlier this year, prior to Trump's summit with Chinese leader Xi Jinping.

According to Barron's, following Democrats' midterm election victory on Tuesday (November 3), the political landscape for the Federal Reserve has shifted significantly. The results have reduced pressure on Fed Chair Kevin Warsh and limited President Trump's ability to influence Fed leadership

According to Xinhua News Agency, General Motors' global senior vice president and president of GM China and Asia recently expressed continued optimism about developing new energy vehicles in China at the China International Import Expo. The executive highlighted China's innovative automotive

According to the public disclosure statement, Lao Ye Zhi (stock code: 5704) reported a net loss of 57.44 million yuan for the first nine months of 2026 (January 1 to September 30), with basic loss per share of 1.01 yuan, as approved by its board of directors on November 6. Total assets stood at 1.59

According to Caixin (澎湃), UNDP Administrator Alexander Décroo stressed on November 6 that artificial intelligence is among the most powerful technological tools humanity has created, with significant potential to accelerate development. However, he emphasized that for AI to truly benefit humanity, c

According to Guru Club on November 7, Nanjing University launched a smart classroom system that uses AI to monitor student attendance, lateness, and head-raising rates during classes. The system displays real-time data including attendance rate and whether students are looking at the lecture, with c

According to Jin10, GEM signed a joint declaration with the United Nations Industrial Development Organization (UNIDO) on November 2 at UNIDO headquarters in Vienna. The two parties will deepen comprehensive cooperation in the circular economy sector and jointly advance the sustainable development o

According to Reuters, the Binance hacking incident prompted U.S. regulatory authorities to conduct checks on the banking system on November 5.