Gate Crypto Flash News and Market Updates

According to CNBC, on November 1, Berkshire Hathaway's stake in Alphabet declined to $29.6 billion (approximately 39 trillion won) from a peak of $40 billion in early August. At Alphabet's current stock price of $279.84, Berkshire's average purchase price of $300-$320 per share has entered

According to Benjamin Cowen, on November 1, the veteran trader warned in a YouTube video that Bitcoin may experience a Q4 low similar to 2015. He argued that BTC price is currently tracing a pattern last seen in 2015, when a breakout above the prior high failed and resulted in a 40%

According to JPMorgan Chase chief economist Ben Jarman, the Reserve Bank of Australia is expected to raise rates this week on the back of recent inflation data and comments from central bank officials. Market pricing currently reflects a 90% probability of an official cash rate increase. While econo

According to Jin10 Futures, CBOT soybean futures fell 1.8% for the week ending October 30, 2026, under pressure from record U.S. harvest volumes coming to market, a 12% depreciation of Brazil's real against the dollar, and fund liquidations. U.S. Department of Agriculture data showed soybean harvest

According to COINOTAG, Binance saw $3.64 billion in net outflows within 9.5 hours on November 1 after restarting customer withdrawals from 06:00 UTC. Withdrawals resumed in phases following a security incident, and by 12:36 UTC the exchange confirmed that all 15 networks and assets had been

According to Binance co-founder He Yi on November 2, reports claiming that a Binance DevOps engineer engaged in a romantic relationship with a North Korean operative and left a laptop unattended during an alleged attack are false. He Yi stated that while "the story is more dramatic, it is not real."

According to consensus from major Korean brokerages, GS Group's operating profit for Q3 is expected to reach approximately 1.29 trillion won, up about 48% year-over-year, with revenue estimated at 7.38 trillion won, a 13% increase.
GS Caltex, 50% owned by GS Energy, is expected to deliver strong re

According to CoinDesk and Business Insider, on Oct 29, Binance disclosed that it suffered a major cyberattack involving a hacked engineer's laptop and vulnerabilities in its trade approval system, resulting in $6.3 billion in unauthorized asset withdrawals—the largest single hack in cryptocurrency h

According to Yonhap Infomax IPO ranking data, Samsung Securities topped the Q3 cumulative IPO underwriting rankings as of November 2 with 3.976 trillion won in deal volume and a 24.37% market share. The firm outpaced NH Investment and Securities (3.605 trillion won) and Mirae Asset Securities through major transactions including K-Bank and biotech firm InGeniaterapeutics.

According to Yonhapinfomax, KB Insurance and KB Life, subsidiaries of KB Financial Group, established a private investment partnership on November 2 by injecting 250 billion won and 75.6 billion won respectively, securing 50% and 34% stakes. The move aims to diversify investment returns and hedge

According to Securities Daily on November 2, AI chipmaker and hardware companies disclosed significantly higher third-quarter profits, with surging artificial intelligence computing demand cited as a primary growth driver. Multiple institutions project the sector's momentum will continue into the

According to Yonhap Infomax, South Korea's Financial Supervisory Service warned asset management companies on October 30 that violations of advertising regulations for exchange-traded funds (ETFs) and money market funds (MMFs) could result in fines reaching tens of billions of Korean won. During a c

According to CNBC on Nov 1, Crocs posted Q3 adjusted earnings per share of $3.69, up 26.4% year-over-year and significantly exceeding Wall Street consensus of $3.31. Revenue reached $1.04 billion, up 4.6%

According to 12 Korean securities firms on November 2, Kakao's third-quarter operating profit is projected to grow 15% year-over-year to 2.392 trillion won, but revenue is expected to fall 3.03% to 2.023 trillion won, missing market expectations.
Analysts cited weakness in TalkBiz advertising and K

According to Guru Club, spot gold broke through $3,890 per ounce on November 2, rising 0.36% during the day.

According to Guru Club, Sunrise Energy Metals, the Australian mining company led by billionaire Robert Friedland and backed by U.S. Department of Defense funding, approved on November 2 the development of a major scandium mining project in New South Wales. The company plans to build the Sunrise Energy Metals Scarlton scandium mine and accompanying processing facility, targeting commercial production in 2028.

According to PANews, Bitcoin just broke through $78,000 on November 2, trading at $78,004.60 per coin based on OKX exchange data. The cryptocurrency showed a daily gain of 0.03%.

According to Yahoo Finance, as of November 1, AI and semiconductor-related stocks lost approximately $5 trillion in market value over the past month. Nvidia and Alphabet each saw market capitalizations decline by roughly $835 billion, while Intel fell nearly 50% in October alone. Market analysts point to historical precedent for a rebound. Since 1950, the S&P 500 index has risen in all 19 instances during the six-month period from late October of midterm election years through the end of June th

According to COINOTAG, Bitcoin miners closed October 2026 with $1.215 billion in revenue, marking the largest monthly total since November 2025.

According to Yahoo Finance, on November 1, the Nasdaq-100 index fell 3.46% and U.S. Big Tech companies collectively erased over $1 trillion in market value as investors grew concerned about AI infrastructure spending pressuring free cash flows. Analysts noted that S&P 500 technology stocks have