Gate Crypto Flash News and Market Updates

According to Shanghai Futures Exchange data released on November 5, warehouse receipts for major industrial metals declined, while precious metals showed mixed movement. Copper warehouse receipts fell to 6,574 tons, down 1,271 tons from the previous trading day; aluminum decreased 1,146 tons to 53,012 tons; zinc declined 844 tons to 58,918 tons; and nickel dropped 451 tons to 87,483 tons. Tin warehouse receipts fell 173 tons to 1,574 tons. Lead warehouse receipts remained flat at 6,974 tons, whi

According to Fitch on October 30, the rating agency downgraded France's sovereign credit outlook from stable to negative while maintaining its long-term issuer default rating at A+, reflecting increased difficulty in stabilizing debt amid fiscal deterioration and political fragmentation.
Fitch

According to Yicai, Chinese AI startup Moonshot AI launched Kimi Hosted Agents on November 5, a cloud service enabling enterprises and developers to deploy AI agents without building or maintaining underlying infrastructure. The service provides 24/7 hosted environment, supports long-running

According to ChainCatcher, TenArmorAlert detected a suspicious attack on the TENDRIL/USDT pool on BSC, resulting in approximately $309,000 in losses.

According to John Luke Teuner, portfolio manager and fixed income chief at Aptus Capital Advisors, a slowdown in AI capital spending could signal the end of the Federal Reserve's current rate hiking cycle. Speaking on November 5, Teuner stated that if inflation pressures stem primarily from energy prices and AI expenditure, the Fed's September 25-basis-point rate hike "is very likely the last one in this cycle." He added that government gridlock typically weighs on GDP growth, potentially openin

On November 5, Bithumb announced it will terminate trading support for Fetch.ai (FET), stating that despite submission of clarification materials from the foundation, the reasons for its previous designation as a trading caution item could not be resolved. FET trading will end on December 7, 2026 at 15:00 (UTC+9), with withdrawal support ending on January 7, 2027 at 15:00.

According to CoinGecko data, Upbit, South Korea's leading cryptocurrency exchange, recorded trading volume of approximately $931 million in the past 24 hours, representing a 29.7% increase compared to the previous day. XRP/KRW led the top five spot trading pairs with $107.87 million in volume (11.6% of total), followed by BTC/KRW at $87.2 million (9.38%) and ETH/KRW at $67.45 million (7.25%).

According to Jin10, Shanghai gold prices stood at 885.89 yuan/gram during the noon session on November 5, trading at a premium of 1.06 yuan/gram above the international gold price of 884.83 yuan/gram.

According to Cirrus Logic's November 4 earnings call, PC market pressures since August remain unresolved, with some manufacturers delaying new product launches. CEO John Forsyth stated that postponed machines—which carry higher chip values and larger shipment volumes—significantly impact the company's PC business outlook. Market research cited by management suggests PC shipments will decline notably in 2026, with continued pressure in 2027. Meanwhile, Cirrus Logic is positioning AI PC voice proc

According to Binance, the exchange will adjust the dividend for SAMSUNGUSDT USDT-margined perpetual contracts on November 6 at 14:00 UTC+8, distributing 1,001 Korean won (KRW) per unit, equivalent to -0.037336%. The adjustment process is expected to take approximately 30 minutes and applies only to users holding net positions as of the ex-dividend date on September 29 at 07:00 UTC+8. Eligible users can view dividend details via the "Funds" page under the "Special Fee" category.

According to RBA Deputy Governor Philip Hauser on November 5, the central bank raised its cash rate to 4.85%, marking an 18-year high in its fifth rate hike this week. Despite aggressive rate increases aimed at curbing persistent inflation, Hauser noted that public trust in the RBA remained unexpectedly stable over the past 18 months, even slightly rising. He stated that this outcome was "reassuring" but "quite surprising" given rising rates and inflation well above target.

At midday close on November 5, China's commodity futures markets showed mixed performance. Palladium led gains with a surge exceeding 8%, followed by platinum up more than 7% and silver (Shanghai) up nearly 6%. On the downside, liquefied petroleum gas (LPG), purified benzene, polyethylene, and polypropylene hit daily limits, while fuel oil fell over 10%, bitumen declined nearly 9%, and crude oil (SC) fell over 7%.

As of 15:00 Beijing time today, spot platinum rose 1.84% while spot palladium climbed 1.80% in afternoon trading.

According to the Japan Broadcasting Corporation (NHK), Japan's Land, Infrastructure, Transport and Tourism Minister Tatsuaki Ibayashi apologized on November 5 during a meeting of the House of Councillors' Land, Infrastructure and Transport Committee for allegedly holding unauthorized political

According to Deputy Prime Minister Lee Hyung-il, South Korea on Wednesday deferred digital asset income tax by two years to 2029, compared to the originally planned 2027 implementation. The government also announced a policy to allow investors to carry forward investment losses for up to three years

According to MoneyDJ, Emerson Electric on November 5 reported strong fourth-quarter fiscal 2026 performance. Orders rose 14% quarter-over-quarter, revenue grew 7%, and adjusted earnings per share reached $1.86, with adjusted unit EBITDA margin expanding 160 basis points to 29.1%. The company secured $575 million in new contracts during the quarter, including a major Qatar petrochemical project, LNG Canada Phase 2, and a 10-year DeltaV MES software subscription agreement. Software-related annual

According to Jin10, the U.S. 30-year Treasury yield fell to 5.229% today, marking an 8-week low.

According to MSX.COM, SNDK fell 10.0% in the past 24 hours, trading at 1,015.77 USDT as of today.

According to JPMorgan report via MINING.COM, the U.S. has potential to increase annual copper production by 1.3 million tons through new mine development and expansion of existing operations, potentially doubling current output from 1 million tons, as reported on November 4. The Arizona-based Resolution copper mine, jointly developed by Rio Tinto and BHP, is projected to account for roughly half of the new capacity potential. JPMorgan estimates the underground mine could produce approximately 18

According to BlockBeats, on November 5, following the U.S. midterm election results, large holders on Hyperliquid's stock market initiated major portfolio reallocations. One account deployed $16 million into new positions while simultaneously liquidating $14 million in earlier holdings, signaling a broad reallocation trend among whale-tier addresses.