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
04:04
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BTC Spot Bid-Ask Spread Widens on Coinbase; $24.94M Buy Orders vs $9.24M Sell Orders

According to ChainCatcher citing Liquid247.xyz monitoring, Bitcoin spot bids on Coinbase are significantly thicker than asks, with buy orders totaling $24.94 million compared to sell orders of $9.24 million, a difference of $15.70 million. BTC is currently trading at $75,747. Binance spot market also shows stronger bids than asks, though at a smaller scale than Coinbase.
04:03
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Robinhood Executives Sell Over $1.23M in Stock in 2 Days

According to SEC filings, Robinhood GC Daniel Martin Jr sold 10,000 shares on November 3 at an average price of $85.05 per share, totaling approximately $850,500. Separately, Chief Accounting Officer Dara Bazzano sold 4,473 shares on November 2 at $85.32 per share, worth about $381,600. The combined sales exceeded $1.23 million within the two-day period.
04:03
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Indian Gold Demand Rebounds as Prices Fall and Wedding Season Begins

According to India's Crisil Ratings, jewellery retail footfall is increasing during the October to December quarter as gold prices ease and the peak wedding season begins. The share of store visitors making actual purchases has also risen, based on data from 76 major retail jewellers representing about one-third of India's jewellery market revenue. Vikram Srivastava, CEO of MMTC-PAMP India, stated: "We see strong consumer interest in smaller gold coins and bars, allowing buyers to invest at more
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04:01
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Zhongjixuangchuang Covers Full-Year 2027 Orders for 800G, 1.6T Products; Prepares Capacity for Ramp-Up

According to Jin10, Zhongjixuangchuang announced today that major clients' orders have covered the full year 2027, with certain key customers providing 2028 demand guidance. The company expects continued rapid growth in 800G and 1.6T orders, while next-generation optical interconnect products NPO and XPO are anticipated to ramp starting in the second half of 2027. The company is actively preparing materials and capacity for scaled production in 2027.
04:01
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Japan's Real Wages Rise 2.2% in September for Ninth Consecutive Month, Supporting BOJ Rate Hike in December

According to Japan's government on November 6, the country's real wages in September grew 2.2% year-over-year, marking the ninth consecutive month of increases. Reuters noted this data provides strong evidence supporting the Bank of Japan's continued interest rate hikes. Nominal average wages increased 4.6% to 311,409 yen (approximately $1,973), the largest increase since January 1997. Most economists forecast the central bank will raise rates by 25 basis points as early as December.
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04:00
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Ethereum Trader 麻吉大哥 Partially Liquidated 136 ETH, Tops Up to 530 ETH as Liquidation Price Nears $35 from Current Rate

According to Odaily and Hyperbot data, cryptocurrency trader 麻吉大哥 (Huang Licheng) had approximately 136 ETH liquidated from his 25x leveraged long position due to market volatility. He subsequently topped up his holdings to roughly 530 ETH. His liquidation price stands at $2,200, just $35 below Ethereum's current price of $2,235, leaving minimal margin before further losses trigger additional liquidation.
04:00
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Texas Governor-Elect Hinojosa Demands Pause on SpaceX State Park Land Deal

According to Odaily, Texas Governor-Elect Gina Hinojosa on Thursday demanded a pause on SpaceX's potential acquisition of state parkland. During her first press conference following her election victory, Hinojosa stated she had spoken with the head of the Texas Parks and Wildlife Department and
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04:00
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Zcash NU7 Upgrade Cuts Block Time from 75 to 25 Seconds on Mainnet

According to Odaily, Zcash's ninth network upgrade NU7 activated on mainnet at block 3,543,405, reducing target block time from 75 seconds to 25 seconds and cutting per-block rewards to one-third. The upgrade introduces a network sustainability mechanism with 60% of transaction fees directed to a re
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03:52
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World Bank Forecasts Gold Price Decline to $4,000/oz by 2028, Silver Faces Steeper Correction

According to the World Bank's latest Commodity Market Outlook released on November 6, gold prices are forecast to average $4,600 per ounce in 2026, declining to $4,250 in 2027 and further falling to $4,000 in 2028. Silver prices are expected to face a steeper correction, with average prices of $70 in 2026, dropping to $62 in 2027 and $58 in 2028. Gold is projected to outperform silver due to sustained support from central bank purchases and safe-haven demand, despite near-term upward momentum we
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03:51
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Fubon NASDAQ ETF (00662-TW) Implements 1-for-5 Stock Split Starting Nov 11

Fubon NASDAQ ETF (00662-TW) will suspend redemptions and trading starting November 11, implementing a 1-for-5 stock split. The fund is expected to resume trading on November 17 with new prices. The split aims to lower the per-unit price, enhancing flexibility for both lump-sum and dollar-cost
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03:49
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Iran Submits Nuclear Proposal to U.S. Through Qatar With Seven Conditions

According to CCTV, on November 5, Iran submitted a nuclear-related proposal to the United States through Qatar that requires the U.S. to accept seven conditions before discussions can proceed. An Iranian official stated that the U.S. is currently reviewing the proposal but declined to disclose
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