Gate Crypto Flash News and Market Updates

According to on-chain analyst Ai Yi, the Drift hacker (0x45d...c00ca) opened $20 million in 20x leveraged ETH short positions and 20x BTC long positions yesterday morning. The combined positions generated $658,000 in unrealized gains within one day, driven by a 3.56% decline in the ETH/BTC

According to Galaxy research head Alex Thorn, Bitcoin's weekly close broke below its 50-week moving average this week (Nov 9), ending a seven-week streak of closes above the level. Historically, the two prior instances of similar breakdowns did not result in new bear market weekly lows.

According to MoneyDJ, Foxconn subsidiary Foxconn Technology (2038.HK) posted Q3 profit of $54.809 million on November 9, 2026, up 52.6% year-over-year. Nine-month profit reached $66.985 million, up 59.2% year-over-year, with Q3 revenue increasing to approximately $5.6 billion from $5.2 billion in th

According to CNBC and Barron's, Berkshire Hathaway repurchased a record $9.6 billion in stock during the third quarter (July-September 2026), more than doubling Q2's $4.5 billion and surpassing the previous single-quarter record of $9 billion set in Q4 2020. However, as Class A share prices

According to China Times, Goldenscape Technology (4973) reported Q3 2026 earnings per share of 13.78 yuan and nine-month accumulated EPS of 29.08 yuan. Q3 operating revenue reached 3.315 billion TWD, up 237.5% year-over-year, with operating profit of 1.045 billion TWD versus an operating loss of 32.

According to China's National Bureau of Statistics, the country's Producer Price Index (PPI) rose 0.7% month-over-month in November, a 0.5 percentage point slowdown from October.
The increase was primarily driven by input and seasonal factors affecting energy-related industries. International oil a

According to CNBC, following their midterm election victory on November 8, the Democratic Party plans to introduce legislation within the first 100 hours of the next congressional session to reverse President Donald Trump's tariff policies. Democratic leaders, including incoming House Speaker

China's Consumer Price Index (CPI) rose 0.7% year-on-year in October, declining from 0.9% in the previous month, according to official data.

According to China Times, information services provider Biplex (6874) reported consolidated nine-month revenue of NT$1.703 billion in 2026, up 53.33% year-over-year and exceeding full-year 2025 revenue of NT$1.37 billion. Net profit reached NT$91 million, up 76.15%, with earnings per share of NT$3.83, up 78.97%. Third-quarter revenue alone totaled NT$356 million, up 62.11%. The company attributed growth to strong demand for enterprise system upgrades, digital transformation, and cybersecurity in

China's producer price index (PPI) rose 5.7% year-on-year in October, compared to 5% in the previous month, according to official data.

According to Hui Te (6706-TW), the optoelectronics equipment manufacturer posted October revenue of 94.49 million TWD yesterday, representing a 153.32% year-over-year increase and 7.55% month-over-month growth. Cumulative revenue for January through October reached 664 million TWD, down 18.63% compared to the same period last year.

According to China Times, Shin Li's October consolidated revenue reached NT$105 million, marking a 22-month high, with year-over-year growth of 50.39% and month-over-month growth of 47.03%. For the first ten months of 2026, cumulative revenue totaled NT$733 million, up 21.7% year-over-year. CEO Shao Shengfu attributed the surge to year-end project verification peaks and strong market reception for newly launched AI-specific machines. Shin Li announced a partnership with HPE to launch on-premises

According to PANews, OpenAI suspended thousands of ChatGPT accounts without advance notice today (November 9), affecting both free and Pro subscribers ($200/month). Users reported receiving no warning emails; accounts were marked deleted or suspended upon login. The bans were triggered by

The People's Bank of China conducted 182 billion yuan in overnight reverse repurchase operations at an interest rate of 1.25% in today's open market operations. The central bank achieved a net liquidity withdrawal of 44 billion yuan.

According to Jin10 Futures citing Jin Lian Chuang calculations, as of November 9 (the seventh working day of the current pricing cycle), reference crude oil prices averaged $100.02 per barrel, down 5.95%, suggesting a 300 yuan/ton reduction in domestic gasoline and diesel retail prices. The current

According to Yonhap News Agency, Mun Shin-san, Nvidia CEO Jensen Huang's eldest daughter and senior director of Physical AI Platform product and technology marketing, canceled her planned visit to South Korea on

According to COINOTAG's token unlock tracking data, Pieverse is scheduled to unlock $125.61 million in tokens on November 14, marking the second-largest single-project release this week. The unlock equals 31.44% of PIEVERSE's circulating market capitalization, the second-highest ratio among weekly s

According to official data released on November 9, U.S. nonfarm payrolls increased by 165,000 jobs in October, with the jobless rate falling to 4.1%, stronger than expected. The robust employment report increased expectations for a Federal Reserve rate hike in December, pushing the dollar to 158.56