Gate Crypto Flash News and Market Updates

Hong Kong's Hang Seng Index rose 0.47%, or 115.3 points, to 24,597.16 on November 9, driven by broad gains in technology stocks. Tencent climbed 1%, Alibaba surged 1.9%, Xiaomi gained 0.8%, JD.com rose 0.7%, and Kuaishou jumped 1.4%. The National Enterprises Index also advanced 0.58%, or 48.16 points, to 8,322.26.

According to South Korea's Korea Development Institute (KDI), released on November 9, the country's third-quarter real GDP grew 3.4% year-over-year, while private consumption increased only 1.1% compared to 2.4% in Q2, signaling weak spillover from export and investment gains to household

According to ChainCatcher, OKX launched tokenized stock xBSP/USDC spot trading on November 9. Pre-trading order placement opens 16:00-17:00 (UTC+8), with spot trading commencing at 17:00.

According to Blue Ocean ATS, Nvidia stock fell 3.5% in after-hours trading on November 9. Hyperliquid's price data showed Nvidia perpetual contracts declined 3% during the same period.

According to Lookonchain, on Nov 9, two whale addresses accumulated 13,500 ETH worth approximately $29.08 million amid market decline. Wallet 0xFD10 borrowed 22 million USDT from Aave and used 21.55 million USDT to purchase 10,000 ETH at $2,155 per coin. Wallet 0x4AB7 withdrew 3,500 ETH (worth $7.53

According to its latest guidance and multiple brokerages, Semic-KY surged to daily limit today (November 9) after announcing a $1 billion order from a major U.S. client and projecting 2027 revenue to double. The stock jumped to 3,110 yuan in early trading. The new customer, identified only as a

According to OpenRouter data, during the week of Nov 2-8, Chinese AI models dominated the global rankings, occupying four of the top five positions. DeepSeek V4.1 Flash 1017 claimed the top spot for a third consecutive week with 56 trillion token calls, up 17% week-over-week. Chinese AI models

According to U.S. officials, on November 8, a deportation flight carrying at least eight Iranian citizens was canceled without explanation. The flight, originally scheduled to depart Arizona and transit through Georgia and Pakistan to Iran, was abruptly halted that morning. The U.S. Department of

According to MoneyDJ, JX Metals lowered Japan's benchmark copper price by 2.6% to 2.28 million yen per ton on November 6, breaking below the 2.3 million yen level for the first time in 1.5 months. This marks the second consecutive monthly reduction by the domestic price indicator. Despite the

According to Reuters, Firefly Aerospace signed a $1.3 billion rocket engine supply and technology licensing agreement with satellite communications company AST SpaceMobile on Nov 6. Under the three-year deal, Firefly will provide 27 Miranda engines and 9 Vira vacuum engines for AST's Blacklift

According to MoneyDJ, Taiwanese wafer foundry Worldsemi (5347) will begin production at its Singapore VSMC 12-inch fab in the first quarter of 2027, targeting over 90% capacity utilization during the ramp-up phase. The fab completed construction and conducted initial wafer production 22 months

According to MoneyDJ, Rong Hui-KY (Taiwan-listed manufacturer 6924) reported October revenue of NT$304 million (approximately US$9.5 million), a record monthly high, up 4.1% from September. The growth was driven by surging demand from Thai automotive customers and high-end consumer electronics,

According to Reuters, on November 8, U.S. President Trump said he was willing to bring Nvidia CEO Huang Renxun on his upcoming trip to Asia. When asked by reporters whether Huang would join the visit, Trump responded that while he had not yet confirmed the details, he was open to bringing him

According to ChainCatcher, on November 8, a Binance user reported that five unauthorized token swaps occurred in their account within 97 seconds. The transactions included 2.331 BTC exchanged for USDC and approximately 260,000 USDC in two-way EUR swaps totaling a reduction of about 10,044 USDC,

According to Lookonchain, a whale opened a 10x leveraged short position on 30,000 NVIDIA shares (worth $5.44 million) on Hyperliquid on November 9. The trade was monitored by the on-chain analytics platform.

On November 9, Elon Musk stated he held an in-depth discussion with the Grok Bot engineering team to evaluate ongoing optimization work aimed at improving token usage efficiency and enhancing the bot's intelligence. Musk said the fixes are progressing and users should see significant improvements

According to The Wall Street Journal, cryptocurrency services continued processing funds stolen in a major Binance hack even after U.S. Federal Bureau of Investigation warnings. Within 72 hours of the theft, the hacker dispersed assets across more than 10,000 wallets. THORChain handled over $46

According to China's State Council Tariff Commission, on November 10 at 13:01 CST, China adjusted tariff measures on U.S. imports, suspending the 24% additional tariff rate for two months while maintaining the 10% rate.