Gate Crypto Flash News and Market Updates

According to Senator Richard Blumenthal's office, the Permanent Subcommittee on Investigations sent records requests on Nov. 5 to World Liberty Financial, Fight LLC, Binance, Tether and major crypto industry donors including Coinbase's Brian Armstrong, Gemini's Winklevoss twins, Paxos' Charles Cascarilla, Kraken's Arjun Sethi and Ripple's Brad Garlinghouse. Recipients must begin responding by Nov. 30, 2026, with full compliance required by Jan. 4, 2027. The subcommittee warned that failure to vo

According to a public hearing notice released by Starbase, Texas municipal government on November 9, SpaceX plans to build, own, and operate a natural gas power plant and supercomputing facility on approximately 444 acres near Brownsville. The initial phase investment is estimated at $24 billion,

According to Economic Daily News, Chin Kong (3017), a Taiwan-based thermal management company, reported October revenue of NTD 22.103 billion yesterday, up 5.2% month-over-month and 34.4% year-over-year, marking the fifth consecutive monthly record. Year-to-date revenue through October reached NTD 1

According to a November 8 statement on X, Ethereum co-founder Vitalik Buterin challenged the cryptocurrency's fee-burning investment narrative, arguing that transaction-fee burning was never as reliable a foundation for ETH valuation as investors believed. Buterin emphasized that Ethereum should

According to the Iranian news agency IRNA, explosion sounds were reported at Qeshm Island today, though Iranian officials have not yet confirmed the incident.

According to Iraqi Foreign Minister Hussein, cited by CCTV News, the U.S. Treasury Department demanded on November 8 that Iraq close most border crossings with Iran, keeping only two open.

According to Iraq's Foreign Minister, Iraq has reached an understanding with the United States to allow oil exports through the Hormuz Strait via a route near Oman, with export operations continuing.
The country has suffered cumulative losses totaling $60 billion from the Iran conflict and

According to Al Jazeera, Iraq's Foreign Minister recently stated that the country has suffered approximately $60 billion in economic losses due to the Iran war and disruptions to oil export operations.

According to the Turkish Presidential Directorate, on November 8, Turkey and Iraq reaffirmed their commitment to continue cooperating to establish central government authority in the Sinjar region of Iraq's Nineveh Province and end the presence of the Kurdistan Workers Party (PKK) there. Turkey

According to Nomura Securities, Australia's cash rate has already peaked, with the Reserve Bank of Australia's current financial conditions in clearly restrictive territory. Nomura estimates a 33% probability of one final rate hike, most likely around February 2026. The bank expects the RBA to begin rate cuts from August 2027, as unemployment rises and oil prices decline, allowing the central bank to gain confidence inflation will return to target.

According to the facility's official statement, Zaporizhzhia Nuclear Power Station restored external power supply on Nov 8 after the 330kV "Ferroalloy-1" transmission line was repaired and returned to operation. The line had been damaged and triggered protective disconnection, prompting the plant to

According to The Block's on-chain data, the 12 recovery addresses published by Web3Auth hold approximately $5.6 million in crypto assets, with around $3.3 million in ATOM.

According to Setn.com, Taiwan's benchmark stock index fell 1,873.08 points on November 6, marking the 4th-largest single-day closing decline in history and breaking below the 40,000-point threshold with a decline rate of 4.51%. The index briefly plunged 3,737 points intraday, setting a record for th

According to Economic Daily, Taiwan's stock market expects a V-shaped rebound on November 9, supported by the National Stabilization Fund entering the market and U.S. stock recovery. Market focus remains on October revenue reports from listed companies released yesterday. As of November 8, 661 companies have disclosed their October revenues, with 281 companies (42%) posting both year-over-year and month-over-month growth. Honhai (2317) led with 1.3 trillion yuan in monthly revenue, followed by W

According to HTX market data, Solana (SOL) dropped below the $90 mark on November 8, trading at $89.99 with a 24-hour gain of 0.04%.

According to Saudi-led coalition spokesperson Turki Al-Maliki, the coalition destroyed a ballistic missile launch platform in Sanaa on November 8. The Houthi group attempted to use the platform to attack the eastern region today, coalition officials stated.

According to CNBC, House Republican committee chairs sent a letter to Nvidia CEO Jensen Huang on Wednesday requesting a closed-door briefing with lawmakers on Nov. 18, following recent reports of his alleged relationship with Alice Huang, a

According to Ripple Director of Engineering Vijay Khanna, the company confirmed on November 8 that substantial performance improvements for the XRP Ledger are planned for 2027. The announcement comes as the XRP Ledger's official documentation lists a throughput benchmark of approximately 1,500

Iran's Foreign Minister stated on November 8 that restarting negotiations with the United States will require more time following the conclusion of the U.S. election. He noted that Washington needs time to process the election outcome and determine how to proceed with its current policy

According to Axios, on Thursday, President Trump urged Prime Minister Netanyahu to take action to advance his Gaza peace plan during a phone call between the two leaders.