Gate Crypto Flash News and Market Updates

According to IMF chief spokesperson Julie Kozack this week, the fund is focused on Argentina's strengthening economic fundamentals and warned against overemphasizing short-term debt market volatility. IMF staff are finalizing documents for submission to the executive board regarding the country's third program review, with approval set to unlock approximately $900 million in funds. The country's refinancing risks are being mitigated through extended maturity dates on peso-denominated debt.

Federal funds futures Oct-Nov spread contracts saw renewed trading activity Wednesday after the Federal Reserve removed its October 2027 meeting from the FOMC calendar. The largest single trade of 10,000 contracts was executed at 11:59 a.m. ET, marking the spread's highest single-trade volume on record. The spread saw 406 total trades on Wednesday, following months of inactivity since late October.

Apple today adjusted its U.S. trade-in valuations, increasing credit amounts for several older iPhone models while reducing prices for select Pro models. The company also added trade-in pricing for six Samsung Galaxy foldable

According to Solana, Akash's AKT token went live on Solana through Sunrise. The Akash community previously approved a governance proposal to migrate the token to Solana.

Europe's STOXX 600 index closed up 0.24% at 664.66 points today, marking a new closing high.

According to the U.S. Energy Information Administration, American crude oil inventories increased by 4.66 million barrels last week, contrary to Bloomberg consensus expectations of a 0.867 million barrel decline and analyst forecasts of a 0.8526 million barrel drop. Additionally, U.S. gasoline

According to Iran's military, two tankers caught fire after striking mines in waters east of the Strait of Hormuz on November 12 afternoon. The incident was reported by Chinese state media CCTV.

According to Freddie Mac, U.S. 30-year mortgage rates declined last week to 7.11%, marking the fourth consecutive week of decreases.

International copper futures declined 0.32% in overnight trading on November 12, while Shanghai copper fell 0.08%. Shanghai aluminum dropped 0.13%, zinc fell 0.49%, and nickel decreased 0.1%. Shanghai lead rose 0.54%, and tin fell 0.11%. Aluminum oxide and aluminum alloy also retreated 0.53% and 0.57% respectively, while stainless steel edged up 0.14%.

According to CCTV, Houthi forces conducted six strikes targeting multiple Saudi-led coalition military positions in Yemen on November 12, using six ballistic missiles. The reported targets included the Haraz military camp in Yemen's Lahj province, as well as other military sites in the Ras Isa and Haraz regions. The Houthis said all strikes hit their targets, resulting in dozens of casualties. The group also reported that the Saudi-led coalition launched 98 airstrikes and missile attacks across

New York silver fell 4.0% on November 12, trading at $49.92 per ounce.

According to Foxconn's investor conference on November 12, the company forecasts double-digit growth in AI cabinet shipments for 2027 while planning to expand its NeoCloud customer base. Foxconn Chairman Liu Yang-wei stated that end-user demand remains strong with no signs of slowdown. The company a

According to Putin aide Ushakov, Russia on November 12 expressed willingness to immediately begin discussions with the United States on European security proposals. Ushakov stated that U.S. negotiators positively support Putin's proposal for humanitarian operations in Konstantinivka, and Russia is p