Gate Crypto Flash News and Market Updates

According to data from South Korean exchanges on November 12, KGEN jumped approximately 25.94% to 112 KRW on Bithumb with trading volume of about 3 billion KRW, while PYBOBO rose 22.33% to 0.6997 KRW on the same platform with volume around 9.2 billion KRW. MPLX also gained 20.02% to 99.5 KRW on

According to Saudi Arabia's Civil Defense Authority, two ballistic missiles fired by Houthi forces targeting the Mecca region were intercepted and destroyed on November 11. Debris from the missiles fell in the Sabouha village

On November 12, South Korea's Democratic Party and financial authorities announced governance reforms for financial holding company CEOs, aiming to prevent self-succession by CEOs. Key measures include mandating nomination committees for executive candidates to be composed entirely of independent di

According to Yonhap Infomax, Bloom Energy stock rose 12.97% to $209.47 on November 11 closing, buoyed by Coreweave's strong earnings results easing funding pressure for data center expansion. The AI power supplier reported Q3 revenue of $1.24 billion, up 138%

According to Yonhap Infomax, Naver reported on November 12 that third-quarter operating profit declined 20.9% year-over-year to 451.3 billion won, despite revenue increasing 10.7% to 3.47 trillion won. The company attributed the profit decline to expanded investments in AI infrastructure, content, a

According to Yonhap Infomax, South Korea's 3-year government bond futures fell 2 basis points to 103.49 in overnight trading on November 12, while 10-year bond futures declined 1 basis point to 108.55. Trading

According to Yonhapinfomax, the U.S. Dollar Index surged to 102.929 on November 11, marking its highest level since April, as expectations for a potential Federal Reserve rate hike in December gained traction. The dollar-yen exchange rate climbed to 159.854, up 0.661% from the previous close,

CBOT soft red winter wheat futures rose 1.1% on Wednesday, driven by persistent tensions in the Black Sea region. Market concerns over peace negotiations and the potential reopening of Black Sea shipping routes continue to support prices, with any lack of progress expected to reintroduce a war

According to CNBC on November 11, Wall Street analysts are recommending new investment opportunities across four tech sectors despite Nvidia CEO scandal concerns and potential slowdowns in AI data center investment. The sectors are cybersecurity, major cloud companies, robotics, and quantum computing. Key recommended companies include Palo Alto Networks and CrowdStrike in cybersecurity (Deutsche Bank raised CrowdStrike to "buy" with $300 target price), Amazon and Microsoft in cloud services, Tes

According to Jefferies, Corning (GLW) received its first coverage on November 11 with a 'Buy' rating and $134 price target, citing the company as a core beneficiary of AI-driven optical fiber supply shortages. The stock surged 7.4% to close at $120.46. Jefferies noted that Corning's long-term contracts with hyperscalers and telecom carriers provide growth support, while global fiber supply constraints enhance demand visibility. The firm expects Corning's optical communications business to scale

SPDR Gold Trust, the world's largest gold ETF, saw holdings decrease by 1.14 metric tons day-over-day, bringing current holdings to 1,041.083 metric tons as of November 11.

Russian President Vladimir Putin will meet with U.S. special envoys Keith Kellogg and Jared Kushner on Thursday morning, according to the Kremlin. Meanwhile, the Russian General Staff announced that Russia and Ukraine have agreed to exchange over 1,000 prisoners each, marking a significant breakthrough in peace negotiations. On the military front, Russian forces reported striking a cargo vessel in the Black Sea, while Ukraine's unmanned drone attacks continued across Russian territory, including

According to CNBC citing Bank of America data, institutional investors net purchased over $6.1 billion in stocks over the past week, with $4 billion flowing into equity ETFs. In contrast, BofA's individual customers sold approximately $2 billion worth of stocks, marking four consecutive weeks of net

According to Guru Club, on Nov 12, Sixth Street Partners CEO Alan Waxman warned of rampant speculation in the artificial intelligence sector, stating the company is largely sidelined due to growing concerns. Waxman cited unprecedented capital expenditures in AI and noted that unit economics remain u

According to Jin10 Futures Report, on November 11, China's central bank pledged to maintain moderately loose monetary policy to support stable economic growth and financial market stability. Meanwhile, coke futures opened their third round of

According to Israeli media reports, on November 11, Gadi Eisenkot, leader of the National Unity Party seeking to form a new government, warned Prime Minister Benjamin Netanyahu against deploying troops against Iran without direct threat. Eisenkot cautioned that such military action during the

According to Wall Street Journal on November 12, citing U.S. and Middle Eastern officials, Vice President Vance is seeking direct meetings with Iran's Supreme National Security Council Secretary and Revolutionary Guards commanders, with President Trump's authorization and open support for

According to MSCI, Strategy's removal from the MSCI index was confirmed on November 12, with the delisting taking effect after U.S. market close on November 30. Following the announcement, Bitcoin declined 1% within one hour, trading at $73,930 on CoinGecko at 8:04 AM KST.