Gate Crypto Flash News and Market Updates

The Blockchain Association and Crypto Council recently filed a petition to repeal Illinois's Digital Asset Tax Act, arguing the law unfairly targets cryptocurrencies while exempting cash and gold. The groups contend the act subjects digital currencies to unequal taxation treatment and claim the

According to the Korea Economic Daily citing sources, South Korea is considering large-scale purchases of long-term U.S. Treasury bonds to increase its foreign exchange reserves and strengthen economic ties with Washington. The South Korean government and central bank recently proposed the idea to t

According to Gretai Securities Market, the center will hold a series of earnings presentation events starting November 17, 2026, featuring 21 listed companies across six industry themes including industrial computers, digital entertainment, AI

According to Guru Club, on June 4, Indonesia's benchmark stock index fell 4.2% to 5,688.574 points, marking its lowest level since December 2020.

According to MoneyDJ, Bubble Mart (9992.HK) reported in Q3 2026 that revenue declined 45-50% year-over-year, missing expectations due to cooling demand for its Labubu line and high year-ago comparisons. In response, Citi lowered its target price to 162 Hong Kong dollars, citing weaker sales in

According to Bitget, Qualcomm (QCOM) dropped 9% in pre-market trading today (November 5), following mixed Q4 earnings results. Arm (ARM) declined 3.8% in the same session.

According to a Reuters survey conducted October 30-November 3, the median forecast of 66 analysts shows the euro will rise against the U.S. dollar from approximately 1.12 to 1.16 over the next year, implying a 3.4% depreciation of the dollar. However, among 30 analysts answering supplementary

According to a report, FreshJuice-KY (1256) posted combined revenue of NT$4.797 billion in the first 10 months of 2026, up 38.09% year-over-year. October revenue reached NT$319 million, a 37.51% increase from the same period last year, though shipment momentum slowed due to seasonal factors in the t

According to The Motley Fool analyst Daniel Sparks, semiconductor stocks rallied in the year following 7 of the past 8 U.S. midterm elections, with an average gain of 42% and a median of 38%. The sole decline occurred in 2006, with a 5% drop. Over the six months following each election cycle, all 8

According to Beating AI, Baidu today open-sourced Qianfan ERNIE-5.5-Flash-Base, its first billion-parameter model release since June 2025. The 280 billion-parameter model activates only 14 billion parameters per token and supports up to 1 million-token context windows. In 30 benchmark tests

According to the International Energy Agency's 2026 Global Gas Security Review released on November 4, the Hormuz Strait crisis will keep global natural gas supplies tight through 2027, with LNG production expected to decline 3% this year—the largest annual drop on record.
Qatar and UAE LNG

According to its latest financial disclosure on November 5, PCB manufacturer Huatong (2313-TW) reported third-quarter after-tax net profit of 2.2 billion yuan, up 2.06% year-over-year, with earnings per share (EPS) of 1.8 yuan. For the first nine months of 2026, the company posted cumulative net pro

According to China's Ministry of Commerce, the country will continue imposing anti-dumping tariffs on n-propanol imported from the United States, effective from November 6, 2026, for a period of five years.

The Central Bank of Taiwan issued NT$110 billion (approximately USD 3.4 billion) in 364-day certificates of deposit on November 4, 2026, with a weighted average rate of 1.577%. The offering attracted bids totaling NT$273.17 billion, reflecting a 2.48x subscription ratio and a 40.27% tender

According to BlockBeats citing BIT data, U.S. pre-market stocks on November 5 showed mixed moves across sectors. Storage stocks declined broadly, with SK Hynix down 3.77%, Western Digital down 3.22%, Seagate down 3.51%, Micron down 2.71%, and SanDisk down 2.92%. AI computing cloud sector also

According to COINOTAG, Jupiter's market share on Solana dropped to 67% in the third quarter of 2026, marking the lowest quarterly share on record for the platform. Despite the decline, Jupiter maintained its position as the highest-volume DEX aggregator across all chains for an eighth consecutive quarter.

According to UAnalyze Industry Database, on November 5, 2026, Jaco Electronics (ticker: 6510) reported nine-month revenue of NT$49.02 billion—exceeding full-year 2025 results—with EPS reaching NT$42.2. Third-quarter HPC (high-performance computing) revenue share jumped to 65.9% from 31.2%

According to Genius' announcement on X today (November 5), the on-chain trading terminal Genius has launched a fee-backed token buyback mechanism on Genius.fun, with GSTOCK as the first token. The Genius Foundation will allocate 20% of trading fees from GSTOCK pairs toward buybacks. Other tokens wit

According to Uni Securities, Taiwan's Weighted Index rose 939.35 points to close at 47,035.58 yesterday (November 4), with the rally driven by strong demand from AI chip purchases. Anthropic announced plans to procure $800 billion in AI chips, triggering broad gains across semiconductor and AI-related stocks. The electronics sector led gains with a 2.48% increase, while three major investor groups (foreign investors, investment trusts, and proprietary traders) collectively purchased $32.442 bill

Italy's September retail sales increased 1.6% year-over-year, accelerating from 0.5% in August, according to official economic data.