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
12:37
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Liankuo (2347) Reports Q3 EPS of 2.93 Yuan, Up 90% Year-over-Year

Liankuo (2347) released its third-quarter results today, reporting earnings per share (EPS) of 2.93 yuan, up 90% year-over-year. For the first nine months, cumulative after-tax net profit reached 11.7 billion yuan, up 106%, with EPS reaching 7.04 yuan, doubling compared to the same period last year. Operating net profit surged 191% to 6.1 billion yuan in Q3, marking a single-quarter record, as revenue grew faster than operating expenses.
12:19
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JPMorgan: Investor Pessimism May Have Peaked After Last Week's Momentum Trading Collapse

According to JPMorgan Chase strategists, investor pessimism may have peaked following last week's momentum trading collapse, with the selloff viewed as a deleveraging process. "We are seeing increasing signs of capitulation after long momentum strategies experienced their largest relative underperformance versus the broad market in roughly 40 years," the team led by Dubravko Lakos-Bujas said. Deleveraging indicators have returned to levels seen during past capitulation periods, while investor se
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12:17
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EU to Participate in Russia-US-Ukraine Talks in Abu Dhabi This Week

According to EU Commission President Ursula von der Leyen, the European Union will participate in Russia-US-Ukraine trilateral talks scheduled for this week in Abu Dhabi. Announced today (November 9), von der Leyen stated she spoke with Ukrainian President Volodymyr Zelensky to discuss ongoing
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12:17
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Canada Launches C$36 Billion Energy Tax Deduction Program Over Five Years

According to Jin10, Canada announced on November 9 a major energy sector tax incentive aimed at boosting oil and gas investment. The "Productivity Super Deduction" allows enterprises to immediately deduct capital expenditures rather than depreciating them over multiple years. The five-year fiscal co
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12:15
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Bullish Appoints Former NYSE President Stacey Cunningham as Company President on November 9

According to SEC filing, Bullish appointed former NYSE President Stacey Cunningham as company president on November 9. Cunningham previously served as NYSE Group President and was the first woman to lead the exchange group. She also held the position of NYSE Chief Operating Officer and previously worked at Nasdaq. Cunningham currently serves as a board member at Cloudflare and NYSE, and was formerly an advisor to Uniswap Labs.
12:15
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Bitcoin's Short-Term Holder SOPR Slips to 0.99 Below Breakeven on November 9

On November 9, Bitcoin's short-term holder SOPR fell to 0.99, below the 1.0 breakeven level, according to on-chain data. The metric, which compares the price at which coins move on-chain with their previous owners' purchase price, indicates that recent buyers are now underwater. Bitcoin bounced to $76,200 in futures on November 8 before sliding back to $75,650 the same day. Exchange ERC-20 stablecoin balances fell 34% from approximately $75 billion in April to $49.7 billion in early November. Cu
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12:14
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Taiwan Stock Market's October DCA Investments Hit Record NT$37.543 Billion; Active Trading Accounts Surge 16%

According to Taiwan Stock Exchange announced on November 9, Taiwan's centralized market saw regular investment (DCA) reach NT$37.543 billion in October, surpassing September's NT$36.573 billion and breaking the previous record of NT$37.525 billion set in June. Active trading accounts climbed to 6.292 million in October, up 864,000 month-over-month or nearly 16%, marking a new all-time high.
12:13
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CoreWeave Bond Yields Soar Above 16%, Credit Risk Surges Amid Neocloud Selloff

According to CNBC, CoreWeave's credit risk has sharply escalated this week as bond yields for its 2031 maturity debt jumped above 16%, while credit default swap spreads soared above 1,240 basis points—up 50% over the past month. The neocloud AI infrastructure provider, which reported $5.5 billion in
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