Gate Crypto Flash News and Market Updates

According to Jin10 Futures, on November 13, China's national average bitumen price this week was 5,958.29 yuan per ton, down 240 yuan per ton or 3.87% from the previous week. The decline was driven by weakened support from the cost side, as falling crude oil prices reduced feedstock backing

According to Taiwan Stock Exchange public disclosure, Chuang Hong Technology (TWSE: 7714) posted Q3 2026 basic earnings per share of TWD 2.99, up 69% year-over-year from TWD 1.77 in Q3 2025. Q3 2026 operating revenue reached TWD 636.13 million, up 38% compared to TWD 460.80 million in the same

According to Taiwan Stock Exchange, precision machinery company Jiing Cheng (3162) reported Q3 2026 earnings per share of 0.29 Taiwan dollars. The company posted quarterly revenue of 3.51 billion TWD, up 81% year-over-year, with net profit of 39 million TWD, up 32% from the same period last year.

According to the Ministry of Commerce website, China's Vice Minister of Commerce Ling Ji and a Chinese delegation held talks with Jorgensen, Director-General of the European Commission's Directorate-General for Trade and Economic Security, on

According to an announcement on November 12, the Depository Trust Company (DTCC) plans to connect its tokenisation service to Solana, with eligible DTC-custodied securities expected on the network from the second half of 2027. The service will cover Russell 1000 constituents, U.S. Treasury bills, no

According to Lookonchain, a whale identified as 0xFDd4 opened a 1x short position of 3.32 million BTW on Aster DEX. The position was established with an initial value of approximately $2.28 million and currently carries unrealized profits of $989,000.

According to Arkham, ALT5 Sigma, an affiliate of Trump family crypto project WLFI, staked 104.23 million WLFI (valued at approximately $4.91 million) five hours ago. Seven days prior, the same entity transferred over 333 million WLFI (valued at approximately $15.56 million) across

According to Financial Times, stablecoin issuer Tether sought to establish a legal entity in Switzerland in 2024 but ultimately did not proceed with the plan. Michele Foletti, mayor of Lugano, Switzerland, stated that the primary reason was related to tax costs associated with the Organization for

According to Reuters, Malaysia's trade ministry is investigating whether SpeedMatrix, the Malaysian unit of Singapore-based cloud computing company MegaSpeed, re-exported imported AI chips and complied with Malaysian law, following allegations the company may have been used to bypass US advanced semiconductor controls. The ministry is coordinating with Malaysia's customs agency and authorities in Singapore and the US, and noted that Malaysia's 2025 regulations require permits for exports and re-

According to Jin10 data on November 13, Russia's third-quarter GDP growth slowed to 0.9% year-over-year, down from 1.3% in Q2, as Ukrainian drone strikes damaged industrial facilities and disrupted logistics. The Russian Federal State Statistics Service reported that refinery output plunged 18% year

According to Bloomberg, Thailand launched cryptocurrency payment app WORPT, allowing foreign tourists to convert crypto to baht and pay at local merchants' QR codes without requiring a Thai bank account. The pilot aims to generate 15 billion baht ($440 million) in transactions over 18 months,

According to Bloomberg, AI chipmaker SigmaStar Technology plans to raise up to $300 million through a Hong Kong IPO as early as this year, having hired China International Capital Corporation and Citic Securities International as advisors. The Xiamen-based company is already in discussions with potential investors.

According to ChainCatcher, quantum computing company Q-Ctrl announced completion of a $290 million Series funding round led by Salesforce Ventures on November 13. The company, which has achieved a valuation exceeding $1 billion, counts In-Q-Tel, Lockheed Martin Ventures, Affinity Partners, AMD Ventu

According to Liquid Capital founder Jack Yi on November 13, Nvidia and Jensen Huang should pursue a "spin-then-merge" restructuring strategy. Under this plan, Nvidia would retain Huang as an advisor while he founds a new AI company; after the startup develops, Nvidia could then acquire it and reinstate Huang as CEO. Yi emphasized that Huang remains Nvidia's largest individual shareholder and spiritual symbol, noting many companies decline after losing their founders. Yi also warned that U.S. pol

According to ChainCatcher, blockchain infrastructure project Zetrix AI has suffered a severe market downturn since 2026, with its market capitalization plummeting over 90% from a peak of 10.5 billion Malaysian ringgit to approximately 430 million ringgit. The project now faces potential Islamic

According to residents in Lowell, Massachusetts, today (November 12), the Markley Lowell AI data center is triggering strong protests over severe noise and emissions pollution affecting nearby neighborhoods. Residents describe the noise from diesel generators and gas turbines as "like a jet engine n

According to Japan's Digital Minister Toshiharu Furukawa, on November 13, a major Microsoft Office software outage disrupted GSS (Government Solution Services), the shared system used by over 20 Japanese government departments, causing email service interruptions. The government has switched to

According to PANews, spot gold fell below the $3,900 per ounce level on November 13, trading at $3,895.76 with a daily gain of 0.46%.