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
10:35
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Ripple's RLUSD Market Cap Surpasses PayPal's PYUSD, Reaches $2.702B

According to ChainCatcher, citing DefiLlama data, Ripple's stablecoin RLUSD has overtaken PayPal's PYUSD in market capitalization as of today. RLUSD's circulating supply stands at approximately $2.702 billion, exceeding PYUSD's $2.628 billion. Over the past 24 hours, PYUSD circulating supply
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10:34
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Goldman Sachs Forecasts S&P 500 to Rise 14% to 8,700 in 2027

Goldman Sachs' strategy team, led by Peter Oppenheimer, forecasts the S&P 500 will rise 14% to reach 8,700 in 2027, according to Bloomberg. The forecast comes after large-cap technology stocks experienced recent selloffs, bringing valuations to historically low levels. The team also assigned
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10:25
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U.S. Senator Tom Cotton Urges Exclusion of Chinese Chipmaker CXMT from U.S. Market

According to ChainCatcher, on Thursday, Tom Cotton, the ranking Republican of the Senate Intelligence Committee, urged U.S. Commerce Secretary Howard Lutnick to exclude Chinese memory chipmaker CXMT from the U.S. market and ban it from accessing American technology. In his letter, Cotton stated that CXMT poses growing risks to U.S. economic prosperity and military advantage, and called for action to prevent the company from gaining a stronger foothold in the global market.
10:24
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Kai-based Financial Reports NT$4.81B October Profit, NT$394.21B Year-to-Date Through October

According to Taiwan Stock Exchange filing on November 13, Kai-based Financial Holding (2883) reported combined after-tax net profit of NT$4.81 billion for October 2026. For the cumulative period of January through October, the holding company posted combined after-tax net profit of NT$394.21 billion. Among major subsidiaries, Kai Securities led with NT$11.31 billion in October profit, while Bank Kai contributed NT$6.89 billion. Kai Life Insurance reported a loss of NT$4.03 billion for the month.
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10:23
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Yida Board Approves Private Convertible Bond Proposal for up to 35M Share Authorization

According to a filing with Taiwan's Public Information Observation Post, Yida (6576) board of directors approved on November 13 a proposal to submit to shareholders for discussion on issuing private domestic or overseas convertible bonds. The board authorized issuance within a total authorization limit not exceeding 35 million shares over a period of up to five years. Bond denominations would be set at 100,000 New Taiwan dollars or multiples thereof, or 10,000 U.S. dollars or multiples thereof.
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10:23
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Fubon Life Plans to Participate in Anthropic IPO with Up to $700 Million Investment

According to an announcement on November 13, Fubon Life Insurance plans to participate in Anthropic, PBC's initial public offering in the United States, with a maximum subscription amount of $700 million (excluding commissions and other related fees). The exact number of shares and per-share price will be disclosed after confirmation. The subscription is funded from the company's own capital and aligns with insurance law regulations for the deployment of life insurance funds.