Gate Crypto Flash News and Market Updates

According to Korean media reports, Madison Huang, daughter of Nvidia CEO Huang Ren-hao and a senior director for the company's Omniverse and robotics products, canceled her scheduled visit to Seoul on November 8 due to family reasons. She was originally set to attend Nvidia's Seoul AI Day events on

On November 7, following midterm elections, President Trump invited UFC executive Dana White to serve as White House press secretary and requested that White bring six UFC fighters to serve as aides, stating the appointments were needed to "protect us against the radical left." According to X

On November 7, Israeli President Isaac Herzog appointed Gadi Eisenkot, former IDF Chief of Staff and Netanyahu's leading opposition figure, to lead negotiations to form a new government. The mandate marks a significant development after parliamentary elections left Netanyahu's coalition short of

According to Iran's Foreign Minister Abbas Araghchi on November 7, Iran reiterated its 48-hour proposal to reopen the Strait of Hormuz if the U.S. fulfills key conditions: lifting frozen foreign assets, removing sanctions on Iranian oil, ending naval blockades on Iranian ports, and halting

On Sunday (Nov. 8), Nvidia's board announced it will conduct an independent investigation into Chief Executive Jensen Huang following reports of a possible connection to a Chinese spy. The probe was initiated after media reports surfaced regarding Huang's alleged ties to the individual in

According to Iranian state news agency Tasnim citing a source in Sirri, gunfire erupted minutes ago from the Sirri region toward the Strait of Hormuz. The shooting was related to ongoing operations targeting illegal vessels in the waterway, according to Iranian

According to reports from a CDU leadership dinner, German Chancellor Friedrich Merz announced his support for Ilse Aigner to become Germany's first female president. Aigner, a member of the Christian Democratic Union (CDU), would break new ground as the first woman to hold Germany's highest

According to the Department of Labor filing submitted on November 5, the DOL has sent a proposed regulatory framework to the White House that would allow 401(k) retirement plans to include cryptocurrency and other alternative investments. The move follows President Trump's August 2025 executive

According to CNN, on November 7, U.S. President Donald Trump stated that the possibility of ordering a renewal of war with Iran is "highly unlikely" as long as progress is made in negotiations over Iran's nuclear program and the reopening of the Strait of Hormuz. In an interview with the

According to Binance, on November 7, Chief Financial Officer Kaiser Ng departed after more than five years, with former Airwallex executive Justin Yek appointed as his successor. The leadership change was announced by co-CEO Yi He, who stated Ng decided to pursue a new venture and that the transition had been planned for over six months, unrelated to the October 29 security breach that affected approximately $6.34 billion in cryptocurrency. Yek, who previously served as vice president of finance

According to Odaily, the probability of the Federal Reserve raising rates by 25 basis points in December rose to 77%, with the probability of maintaining rates unchanged declining to 23%. The prediction event recorded trading volume of $16.7

According to Senator Richard Blumenthal's office, the Permanent Subcommittee on Investigations sent records requests on Nov. 5 to World Liberty Financial, Fight LLC, Binance, Tether and major crypto industry donors including Coinbase's Brian Armstrong, Gemini's Winklevoss twins, Paxos' Charles Cascarilla, Kraken's Arjun Sethi and Ripple's Brad Garlinghouse. Recipients must begin responding by Nov. 30, 2026, with full compliance required by Jan. 4, 2027. The subcommittee warned that failure to vo

According to a public hearing notice released by Starbase, Texas municipal government on November 9, SpaceX plans to build, own, and operate a natural gas power plant and supercomputing facility on approximately 444 acres near Brownsville. The initial phase investment is estimated at $24 billion,

According to Economic Daily News, Chin Kong (3017), a Taiwan-based thermal management company, reported October revenue of NTD 22.103 billion yesterday, up 5.2% month-over-month and 34.4% year-over-year, marking the fifth consecutive monthly record. Year-to-date revenue through October reached NTD 1

According to a November 8 statement on X, Ethereum co-founder Vitalik Buterin challenged the cryptocurrency's fee-burning investment narrative, arguing that transaction-fee burning was never as reliable a foundation for ETH valuation as investors believed. Buterin emphasized that Ethereum should

According to the Iranian news agency IRNA, explosion sounds were reported at Qeshm Island today, though Iranian officials have not yet confirmed the incident.

According to Iraqi Foreign Minister Hussein, cited by CCTV News, the U.S. Treasury Department demanded on November 8 that Iraq close most border crossings with Iran, keeping only two open.

According to Iraq's Foreign Minister, Iraq has reached an understanding with the United States to allow oil exports through the Hormuz Strait via a route near Oman, with export operations continuing.
The country has suffered cumulative losses totaling $60 billion from the Iran conflict and

According to Al Jazeera, Iraq's Foreign Minister recently stated that the country has suffered approximately $60 billion in economic losses due to the Iran war and disruptions to oil export operations.

According to the Turkish Presidential Directorate, on November 8, Turkey and Iraq reaffirmed their commitment to continue cooperating to establish central government authority in the Sinjar region of Iraq's Nineveh Province and end the presence of the Kurdistan Workers Party (PKK) there. Turkey