Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
01:26
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PEPE Jumps 8.22% on Nov 6, Holds Above $0.000005 as Memecoins Rally

According to COINOTAG, PEPE jumped 8.22% on Nov 6, holding above $0.000005 as the frog-themed memecoin extended gains independent of broader market sentiment. The token traded at $0.000004981.
During the same period, Bitcoin declined 2.31% while total crypto market capitalization
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PEPE+2.09%
BTC-0.36%
01:24
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Equinix Opens $290M Data Center SG6 in Singapore on November 6

According to Equinix, the US-based data center operator opened SG6 in Singapore on November 6 under the city-state's data center approval process. The facility required an initial investment of US$290 million and will house approximately 1,550 cabinets in its first phase, designed to support AI
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01:13
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U.S. Labor Department Submits Proposed Rules Allowing Crypto in 401(k) Plans to White House on November 5

According to ChainCatcher, the U.S. Department of Labor submitted proposed rules allowing alternative assets, including cryptocurrency, in 401(k) retirement plans to the White House on November 5 for final review. The proposal does not restrict which cryptocurrencies may be included nor impose a minimum market cap threshold, potentially opening the door for altcoins and mid-cap tokens to enter U.S. retirement investment plans. However, asset managers will still need to evaluate potential investm
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BTC-0.36%
ETH+0.17%
00:57
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OpenAI Completes $11B First Tranche of Funding at $1.25T Valuation on Friday

According to Bloomberg, OpenAI completed the first tranche of approximately $11 billion in funding on Friday, valuing the company at $1.25 trillion. The total funding round is expected to reach up to $20 billion, with the remaining funds anticipated to be completed within the coming weeks. Coatue
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