Gate Crypto Flash News and Market Updates

The four-week moving average of U.S. initial jobless claims stood at 195,250 for the week ending November 7, according to Labor Department data. The prior week's figure was revised upward to 195,250 from the previously reported 194,750.

According to Coinglass data, the cryptocurrency market recorded $223 million in liquidations over the past hour, with long positions accounting for $219 million and short positions $3.89 million. Bitcoin liquidations stood at $171 million during the same

According to Bloomberg, Dubai billionaire Hussain Sajwani expects his investments in artificial intelligence companies to generate billions of dollars in returns. Sajwani stated on Thursday: "From just three companies—OpenAI, SpaceX, and Anthropic—we have made billions of dollars." His investment

According to ChainCatcher, 30.12 million USDT were transferred from an unknown wallet to Binance on November 12 at 21:17 UTC, based on Coinglass monitoring data.

UK 2-year gilt yields rose 7 basis points to 4.98% today, reaching the highest level since October 2023.

The U.S. will release initial jobless claims data for the week ending November 7 at 21:30 Beijing time today (November 12). The report tracks the number of Americans filing for unemployment insurance for the first time.

According to ChainCatcher, citing Arkham data, Morgan Stanley's Bitcoin holdings surpassed 11,189 BTC (worth approximately $815 million) as of November 12. The firm added 295.067 BTC yesterday (November 11) worth $21.54 million through its spot Bitcoin ETF

According to PANews, B. Riley Financial cut its Coinbase price target from $203 to $150 today (November 12).

According to Guru Club, WTI crude oil futures rose 1.12% to $87.495 per barrel, while Brent crude futures gained 1.32% to $93.988 per barrel today (November 12). Meanwhile, former U.S. President Donald Trump stated that the United States does not need to reach an agreement with

According to BlockBeats on November 12, U.S. October core CPI increased 0.3% month-on-month, exceeding the market forecast of 0.2% for the third consecutive month, while headline CPI rose 0.4%. Energy price increases are spreading to food and transportation sectors, with urban transit services

Spot silver declined 2.00% intraday to $50.63 per ounce on November 12, while spot gold fell 1.5% to $3,925.28 per ounce during the same period.

According to The Block, BNY Mellon has selected Figment, a staking infrastructure provider, to support staking functionality on its digital asset custody platform. The networks covered, launch timeline, and fee structure have not been

According to Guru Club, crude oil 2612 futures reversed declines today (Nov 12), rising 0.66% intraday with trading volume around 4.089 billion yuan. The contract saw net position cuts of nearly 100 lots, reflecting a deleveraging rally

According to data from Beijing Xinfadi Agricultural Wholesale Market, cashew prices in China have surged approximately 33% over the past three months, with retail prices rising roughly 30%.
The price increases are attributed to reduced production in the U.S. and Iran, combined with a significant

According to its investor-relations announcement, Canaan launched a $20 million share repurchase on Tuesday, the first draw under a $100 million authorization its board approved on November 6. A portion of the buyback will be funded by selling Bitcoin holdings from the company's balance sheet.
Cana

The Baltic Dry Index, a key gauge of global shipping costs for major commodities, rose 2.06% to close at 3,020 points on November 12.

BitGo announced today its Link product now connects 10 exchange brands, enabling eligible institutional treasury teams to monitor balances and manage transfers across multiple venues from a single interface. The supported exchanges are Binance, Bitget, Bitstamp, Bybit, Coinbase Exchange, Crypto.com, Deribit, Gate, Kraken and OKX. Link allows teams to view asset-level balances across BitGo wallets and connected exchange accounts, initiate and track deposits and withdrawals, and apply approval wor

OKX's OKXICE tokenized equities venue is launching on November 23 with more than 70 assets, despite objections from 67 companies including all seven members of the Magnificent Seven tech giants. Under an SEC innovation exemption created after the CLARITY Act stalled in September, companies can