Gate Crypto Flash News and Market Updates

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%.

According to FTNN, NVIDIA CEO Jensen Huang announced his resignation and exit from the board on November 13, triggering a rally in Taiwan-listed IC design stocks. MediaTek (2454), Novatek (3443), and Verisilicon-KY (3661) all hit daily limit-up, with MediaTek closing at 4,120 New Taiwan dollars, up 7.01%; Novatek at 8,610 NT$, up 9.54%; and Verisilicon-KY at 4,020 NT$, up 9.39%. Market analysts attributed the surge to expectations that ASIC (application-specific integrated circuit) suppliers cou

According to BlockBeats, on November 13, privacy coin and perpetual DEX tokens plunged following uncertainty in crypto regulation after the U.S. midterm election. ZEC fell over 30% in the past week, underperforming Bitcoin, dragging the privacy sector lower: XMR declined 18%, Dash 13.7%, and

According to PANews, spot silver fell below the $50 per ounce level today (November 13), trading at $49.953 per ounce with a daily decline of 0.20%.

According to Yonhap Infomax, Woori Bank CEO Jeong Jin-wan received approval on November 13 to extend his tenure for one additional year under a newly introduced 2+1-year appointment framework. The Woori Financial Group's board recommendation committee decided to extend his term through

On November 12, Taiwanese electronics company Amesignal (5321) reported third-quarter 2026 results, with consolidated revenue of 904 million New Taiwan dollars, up 68.67% quarter-over-quarter and 28.39% year-over-year. The company returned to profitability with after-tax net income of 91 million

According to SpaceX, on November 12, the company announced plans to invest over $74 billion across two supercomputing data center campuses in Texas and Arizona to expand its artificial intelligence computing infrastructure. The company will invest over $24 billion at its Starbase facility in Texas a

According to Wanhai Chairman Chen Boting, the container shipping industry has undergone structural changes post-pandemic. He stated that the traditional supply-and-demand analysis no longer accurately reflects market conditions, as geopolitical tensions, supply chain reorganization, and port

According to MoneyDJ, Taiwan's stock market bounced back on November 13, with the weighted index gaining nearly 1,400 points in early trading, despite headwinds from Nvidia CEO Jensen Huang's resignation announcement. The Taiwan dollar appreciated 3 points to 32.859 against the US dollar at

According to GMGN data, the Bitcoin meme token "Bull" saw its market cap plunge to approximately $1.07 million on Nov 13, down 43% in the past 24 hours. The token has declined 86.69% from its all-time high of $8.04 million.

According to Foresight News, crypto KOL Ansem warned recently that the market is entering an accelerated sell-off phase and advised against using leverage to catch falling knives, warning of potential repeated liquidations. Ansem suggested waiting for liquidations to complete before reassessing, or

According to Lookonchain, a hacker wallet transferred 1,500 ETH from Tornado Cash and sold 1,499.5 ETH at $1,998 per token on November 13, raising approximately $3 million amid market decline.

According to Lookonchain's monitoring, a suspected hacker wallet received 1500 ETH from Tornado Cash and subsequently sold 1499.5 ETH at an average price of $1,998, raising approximately $3 million. The wallet's actual connection to hacking activity remains

According to ChainCatcher, Anthropic donated $40 million to U.S. AI policy organization Public First Action in February and July 2026, with equal $20 million installments in each month, to support stricter AI safety regulation and semiconductor export restrictions.
Public First Action used $15 mill

According to ChainCatcher citing Gate market data, the ChiNext index fell 3% intraday on November 13, while the Shanghai Composite declined 0.53% and the Shenzhen Component dropped 1.74%. Over 4,500 stocks declined across the broader market.

According to Reuters, White House officials are discussing removing US Commerce Secretary Howard Lutnick on Nov. 12 amid controversy over Nvidia's advanced AI chip exports to China and alleged failures to enforce technology export restrictions.
Lutnick has faced accusations of delaying