Gate Crypto Flash News and Market Updates

According to Solana, Akash's AKT token went live on Solana through Sunrise. The Akash community previously approved a governance proposal to migrate the token to Solana.

Europe's STOXX 600 index closed up 0.24% at 664.66 points today, marking a new closing high.

According to the U.S. Energy Information Administration, American crude oil inventories increased by 4.66 million barrels last week, contrary to Bloomberg consensus expectations of a 0.867 million barrel decline and analyst forecasts of a 0.8526 million barrel drop. Additionally, U.S. gasoline

According to Freddie Mac, U.S. 30-year mortgage rates declined last week to 7.11%, marking the fourth consecutive week of decreases.

According to CCTV, Houthi forces conducted six strikes targeting multiple Saudi-led coalition military positions in Yemen on November 12, using six ballistic missiles. The reported targets included the Haraz military camp in Yemen's Lahj province, as well as other military sites in the Ras Isa and Haraz regions. The Houthis said all strikes hit their targets, resulting in dozens of casualties. The group also reported that the Saudi-led coalition launched 98 airstrikes and missile attacks across

According to Foxconn's investor conference on November 12, the company forecasts double-digit growth in AI cabinet shipments for 2027 while planning to expand its NeoCloud customer base. Foxconn Chairman Liu Yang-wei stated that end-user demand remains strong with no signs of slowdown. The company a

According to Putin aide Ushakov, Russia on November 12 expressed willingness to immediately begin discussions with the United States on European security proposals. Ushakov stated that U.S. negotiators positively support Putin's proposal for humanitarian operations in Konstantinivka, and Russia is p

AMD and Broadcom gained over 7% today (November 12), outperforming other S&P 500 constituents.

According to The New York Times, the U.S. failed on November 11 to convince Iran's neighboring countries to close their land border crossings with Iran, Xinhua reported. The effort represents a shift toward land routes following earlier maritime blockades and air network disruptions. Turkey, Iraq, and Pakistan have expressed skepticism of the U.S. request, citing concerns that border closures could harm their own economic interests.

According to Jin10 data, U.S. strategic petroleum reserves fell to their lowest level since October 8, 1982 for the week ending November 6. The reserves declined at their fastest pace since the week of August 28, 2026.

According to Freddie Mac, the 30-year mortgage rate in the United States declined to 7.11% last week, marking the fourth consecutive week of decline.

The Federal Reserve updated its 2027 Federal Open Market Committee (FOMC) meeting schedule today, canceling the October interest rate decision meeting.

As of November 11, Zcash price has declined to $980, extending weekly losses beyond 26% after a sharp sell-off pushed ZEC to its lowest levels since September. The cryptocurrency is testing a key psychological support level at $1,000. Despite Grayscale committing $1 million to support the Zcash

According to its Nov. 12 earnings conference, Foxconn reported third-quarter revenue of 3.016 trillion Taiwan dollars and earnings per share of 5.51 yuan, both single-quarter records. Operating profit surpassed 1 trillion yuan for the first time at 1.153 trillion yuan, up 64% year-over-year.

According to MoneyDJ on November 13, Kyndryl (KD.US) disclosed material weaknesses in its financial reporting internal controls and delayed the submission of its 10-Q filing. The company stated it is reviewing cash management procedures, disclosure controls, and the effectiveness of internal control

According to EIA data, U.S. crude oil production rose to 322,000 barrels per day in the week ended November 6, up 61.3% from 199,000 barrels per day in the previous week.

According to the U.S. Energy Information Administration (EIA), refinery crude oil inventories for the week ended November 6 came in at 4.071 million barrels. The figure beat expectations of a 0.968 million barrel decline, compared to the previous week's 3.565 million barrel