Gate Crypto Flash News and Market Updates

According to COINOTAG, on November 4 (Asian session), Chainlink (LINK) derivatives positioning leaned strongly long, with long accounts reaching 65% on Binance's USDT-margined perpetual contract—the largest LINK futures venue. At 08:15 UTC on November 4, LINK was quoted at $11.22, up 1.2% over the p

According to Yonhap Infomax, on Nov 4, Chinese stocks rose on the back of semiconductor strength as the People's Bank of China strengthened support measures. The Shanghai Composite Index closed up 78.07 points (2.16%) at 3,686.17, while the Shenzhen Composite Index gained 76.65 points (3.70%) to 2,1

According to 动察 Beating, on November 3, Anthropic demonstrated Claude's ability to design AI chips to IPO investors. The company's 15-person chip team is now using Claude in actual engineering work, with some tasks completed faster than estimated timelines for traditional semiconductor firms like

According to Investing.com, the S&P 500's Santa Claus Rally observation period—spanning the final five trading days of December and the first two of January—begins in seven weeks. Since the 1950s, the index has risen during this period in approximately 75% of years, with an average gain of 1.4%;

According to Robert Garcia, the newly appointed chair of the House Oversight Committee, the committee will scrutinize the Trump family's cryptocurrency transactions, Donald Trump Jr.'s business dealings, and real estate or board positions held by relatives including Jared Kushner. Garcia noted

According to NEAR Protocol's governance approval by the House of Stake, the network's HSP-029 proposal passed to reduce the annual token issuance ceiling from 2.5% to 1.6% over 24 months. The change would prevent 11.8 million NEAR from entering circulation over the first two years and 66.1 million t

Spot gold surged 3% intraday to $4,048 per ounce on November 4. Spot silver rose 4.4% to $52 per ounce.
Spot palladium gained 5.44% and platinum rose 3.3% the same period.

According to ChainCatcher, Revolut completed a new funding round, reaching a $115 billion valuation as of early November 2026, up 53% from $75 billion in November 2025 and more than double the $45 billion valuation in 2024. The round was led by Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates, and Baillie Gifford, with participation from existing and new investors. Employees were also offered the opportunity to sell shares in the transaction.

According to Xinhua, South Korea's former president Yoon Suk Yeol was sentenced to one year and six months in prison with a three-year suspended sentence on November 4 in a second trial over alleged violations of the Public Official Election Act. Under South Korean law, if Yoon receives a

According to Robert Garcia, the Democratic-led House Oversight Committee will investigate World Liberty Financial and other Trump family cryptocurrency dealings following Democrats' takeover of the House on November 4. Garcia, a California Democratic representative, will serve as committee chairman and pledged to focus on the Trump family's crypto ventures and related business transactions. World Liberty Financial, the Trump family's cryptocurrency company, may face immediate scrutiny. Democrats

According to Yonhapinfomax, South Korea's 1-year FX swap points rose 0.70 won to -13.30 won on Nov 4, driven by declining U.S. Treasury yields and strength in short-term cash instruments. The 6-month and 3-month maturities also climbed to -5.70 won and -2.75 won respectively. Bank swap dealers attributed the broad-based rally to U.S. rate declines triggering a 5 basis point increase in 1-year currency swap rates, with short-term cash instruments trading significantly above theoretical levels, wh

According to Akash Network's governance vote completed on November 2, the blockchain infrastructure project approved migrating its AKT token from Cosmos to Solana with 97.3% voter support. The vote recorded participation from approximately 69.4% of eligible staking power, with around 60 million AKT tokens in favor versus approximately 796,000 against. The approved proposal establishes a 1:1 token conversion into a Solana Program Library (SPL) token and introduces a two-year migration bridge. The

According to Jin10, on November 4, China Commercial Fund's Silver Futures LOF (ticker: 161226) closed at 1.507 yuan, significantly above its net asset value of 1.3546 yuan as of November 3, representing approximately 11% premium. The fund issued a formal risk warning to investors to closely monitor the premium trading spread and make cautious investment decisions to avoid potential substantial losses. If the premium gap fails to narrow significantly on November 5, the fund reserves the right to

According to Guru Club, Indonesia's benchmark stock index fell 4.2% to 5,688.57 points on June 4, marking its lowest level since December 2020.

According to Reuters, on November 4, Goodman Group and Digital Realty proposed to acquire up to 9.9% of Australian data center operator NextDC at AUD 9.50 per share, with a total deal size of approximately AUD 715 million (USD 499.7 million). The bid represents a 45.5% premium over NextDC's Wednesday closing price of AUD 6.53 per share, led by JPMorgan. Both companies stated they have no current intention to launch a takeover bid or seek control of NextDC.

According to ChainCatcher, French cooperative bank Crédit Mutuel Arkéa suffered at least $133 million in fraud overnight, with funds transferred to crypto exchanges and subsequently moved. Chain investigator ZachXBT disclosed the incident, which was then covered by crypto journalist Grégory

According to Jin10, the U.S. ADP employment report for October will be released tonight at 21:15 Beijing time (November 4). The market expects 70,000 jobs added, signaling potential slowdown in employment growth. Employment data will influence Federal Reserve's December rate decision and could

According to PANews, U.S. cloud computing stocks weakened in pre-market trading on November 4. Coreweave (CRWV.O) declined 3.6%, Nebius fell 1%, and Oracle (ORCL.N) dropped 2%, according to Binance data.