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
11:41
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SpaceX Plans to Build 10 Gigawatts of Data Center Capacity in 2027, Matching Google's Entire Lifetime Output

According to Semianalysis analysts, Elon Musk claimed two weeks ago that SpaceX plans to build 10 gigawatts of data center compute capacity in 2027 alone—roughly equivalent to all data center capacity Google has built throughout its entire existence. The analysts said the target is realistic based on Colossus 2's construction progress, which expanded from 0.4 gigawatts in January to a projected 2.4 gigawatts by year-end. As of September 25, Colossus 2 reportedly had 550,000 GPUs operational, wit
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11:37
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Trump Faces Voter Backlash Tuesday, May Ease Political Pressure on Fed Chair Powell

According to Jin10, Trump faced strong voter opposition on Tuesday, potentially reducing the political pressure on Federal Reserve Chair Powell, allowing him to focus on inflation control without political interference. Fed observers believe the Republican electoral setback and voters' focus on cost-of-living concerns have fundamentally shifted the political landscape surrounding the Fed.
11:31
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Kinetic Beats Full-Year EPS Target, Reports Q1-Q3 Net Profit of $1.24B, Up 49.6% YoY

Kinetic (8210-TW), a server chassis manufacturer, reported today that cumulative revenue for the first nine months of 2026 reached 22.32 billion NT dollars, up 46% year-over-year and exceeding full-year 2025 revenue. Net profit for the period was 3.724 billion NT dollars, up nearly 50% YoY, with earnings per share (EPS) of 29.89 NT dollars, surpassing the prior year's full-year EPS. The company attributed Q3's sequential revenue decline of 5.45% to customer inventory adjustments following aggres
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11:31
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Polymarket Nvidia Largest Global Market Cap Odds Fall to 37% in 24 Hours

According to PPP Prediction Market Monitor, the odds of Nvidia becoming the world's largest company by market capitalization during November fell to 37% in the past 24 hours, down 40% from the previous day. The market will be resolved based on market cap rankings as of the close of November 30, 2026.
11:31
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Trump Media Wallet Transfers 4,259 BTC ($342M) to Crypto.com

According to on-chain monitoring reported by Odaily, a Trump Media-affiliated wallet transferred 4,259 BTC valued at approximately $342 million to Crypto.com today. Trump Media previously stated that similar transfers are managed as custodial arrangements and do not constitute sales.
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BTC+2.09%
11:30
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Meta Discontinues Fruit-Based Naming for AI Models on November 5

According to Business Insider, Meta has decided internally to discontinue using fruit names for its AI models on November 5, citing brand positioning concerns. The company views fruit codenames as misaligned with its ambitious AI business positioning. Meta's latest model, Wonder Full, carries the internal codename Watermelon. Previously, Meta named its language and image models Avocado and Mango, respectively.
11:27
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Apacer Reports October Revenue of 30.76B TWD, Up 147.65% Year-over-Year

Apacer (8271-TW) reported October revenue of NT$30.76 billion, marking a year-over-year growth of 147.65% and a month-over-month increase of 2.5%, according to an official company announcement. For the first ten months of 2026, cumulative revenue reached NT$283.77 billion with a year-over-year growth rate of 207.5%.