Gate Crypto Flash News and Market Updates

According to ChainCatcher, US Ethereum spot ETFs recorded net outflows of $365.3 million last week, marking the sixth consecutive week of outflows. During the same period, some large addresses were actively buying or withdrawing ETH.

Ethereum spot ETFs saw net outflows of $365.3 million last week, marking the sixth consecutive week of outflows. During the same period, certain large addresses accumulated or withdrew ETH.

According to GMGN data, Bullish (GMGN), a meme coin on Binance Smart Chain, surged to a market cap of $6.46 million today. The rally followed Elon Musk's recent post praising the Chinese version of X, writing "Chinese X is 牛逼."

According to Odaily, China A-share semiconductor chip concept stocks rallied this afternoon on November 9, with Enflame Technologies surging nearly 15%. Other semiconductor players including Tianpu Technology, Cambricon, Keda Education, Muxi Technology, Metax Threads, and Yuntianliyun saw

According to Bloomberg, Microsoft did not renew its artificial intelligence computing resource rental contract with Oracle on November 6, with the company phasing out the services over recent months. Bloomberg's sources cited that Oracle's infrastructure relies on older-generation NVIDIA chips,

Taiwan's benchmark TAIEX index plummeted 3,737 points on November 6, closing at 37,837.05 points after opening sharply lower, marking a 24.3% decline from its record high of 49,968.92 points reached on October 6. In response, Taiwan's National Stabilization Fund activated its 10th market intervention.

According to ChainCatcher, Zcash developers proposed reducing the network's target block interval from 25 to 20 seconds on Sunday. Developers ValarDragon and Evan Forbes submitted a Zcash Improvement Proposal (ZIP) draft to the Zcash community forum, aiming to include the change in the upcoming

According to federal court in Alexandria, Patrick Steven Yaroch, a former FBI supervisory special agent, pleaded guilty on 5 November to wire fraud and money laundering. Yaroch stole approximately US$2.47 million in cryptocurrency from wallets under FBI monitoring across 35 investigations.
Yaroch m

According to MoneyDJ, Elon Musk alleged on November 6 that SoftBank faced defaults on turbine orders for its U.S. AI data center projects. The claim, posted on X, reignited questions about the funding capacity behind the Stargate initiative, a joint project involving OpenAI, SoftBank, and Oracle.

According to MoneyDJ, Chimeratech Co. Ltd. (3017) announced on November 9 that capital expenditure will increase from TWD 15 billion in 2026 to an estimated TWD 15–20 billion in 2027, primarily to expand capacity for AI water-cooling heat dissipation solutions.
The company reported October

According to Reuters, tin prices fell to their lowest level in eight months on November 9, as a sharp selloff in AI-related technology stocks prompted investors to reassess near-term demand for data centers and server equipment. The decline reversed months of gains

According to TD Securities, copper prices face downward pressure following the U.S. midterm elections on November 9, which strengthened Democratic gains and reduced market expectations for import tariffs on copper. TD Securities' global commodities strategist Bart Melek noted that states planning ma

According to Nichicon's official announcement on Nov 6, the aluminum electrolytic capacitor maker raised its fiscal 2026 (April 2026-March 2027) revenue target from 185B yen to 200B yen, up 17.8% year-over-year, and operating profit target from 8.7B yen to 12B yen, up 85.9%. The company cited

According to MoneyDJ (citing Barron's and Stocktwits reports), SpaceX CEO Elon Musk forecasted on November 6 that the company's annualized revenue would exceed $500 billion by December 2027, roughly double Wall Street's current year-end estimates. Musk noted the projection is his personal estimate, not an official commitment. SpaceX's Q3 revenue surged 87% sequentially, with Q4 and 2027 Q1 expected to grow around 70% quarter-over-quarter, translating to estimated revenues of $250 billion and $42

According to Crypto Fear and Greed Index data, Bitcoin plunged to approximately $73,708 over the weekend through Monday, its lowest level since August, while Ethereum fell to around $2,223. The Crypto Fear and Greed Index stood at 29 out of 100 on Monday, indicating extreme fear, compared to 37 a we

According to CNBC citing Barclays analyst Dan Levy, global automakers face mounting profit pressure in 2027 as raw material, logistics, and memory chip costs surge while vehicle prices remain elevated. General Motors' CFO Paul Jacobson warned that rising costs could add an additional $2 billion in e

According to GMGN data, the Meme coin 'Niubi' on BNB Chain briefly surpassed a $5 million market cap, currently trading at $5.46 million with a 51.3% surge over the past hour.

According to Jin10 Futures on Nov 9, India's merchandise exports surged 18.5% to $259.89 billion in the first half of fiscal year 2027, driven by higher crude oil prices and growth in sectors like electronics. The expansion reflects market diversification across Southeast Asia, Northeast Asia, and A

According to Taiwan Institute of Economic Research on November 9, Taiwan's economy is forecast to grow 6.45% in 2027, down from an estimated 12% for 2026, as global AI infrastructure investment moderates from this year's accelerated pace. Institute head Chang Chien-yi, who also serves as a central b