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.
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05:00
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Solana Meme Token DESSA Surpasses $30.38M Market Cap

According to Odaily Meme, DESSA, a Solana-based meme token, surpassed $30.38 million in market capitalization as of November 1. The token was created as an unofficial meme capitalizing on the attention around Jack Dorsey and Block's voice AI assistant,
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04:46
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Bitget to Execute 1-for-8 Stock Split on SNDKUSDT Contracts on November 20

According to Bitget's official announcement, the platform will execute an automatic stock split adjustment for SNDKUSDT contracts on November 20 at a ratio of 1 to 8, reflecting Sandisk's underlying stock split. User positions, profit/loss, margin, and position value will remain unchanged after the
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04:25
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Reddit Shares Sink 29% on Weak Q4 Outlook as Google AI Cuts Search Traffic

According to CNBC, Reddit shares fell 29.22% on October 30 after the company forecast fourth-quarter sales of $1 billion to $1.03 billion, falling short of analysts' $1.05 billion estimate. The decline marked the stock's worst trading day since the company's 2024 IPO, despite third-quarter
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04:19
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Binance Hacker Dumps 908K PROM Worth $5M, Receives Only $71 on Uniswap V2

According to Lookonchain monitoring, the Binance hacker sold 908,793 PROM tokens worth approximately $5 million into a nearly empty Uniswap V2 liquidity pool, receiving only 0.0316 ETH valued at approximately $71. The extreme price slippage reflects the lack of liquidity in the trading pool.
04:10
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Bitcoin November Average Return 34.59% Since 2010; October Posts Second-Largest Monthly Loss

According to Coinglass data released on November 1, Bitcoin posted a -7.32% return in October 2026, marking the fourth-worst October on record since 2010. Ethereum fell -16.06%, the second-worst October performance in its history. Historically, Bitcoin has seen 10 positive Novembers and 6 negative Novembers across 16 trading cycles since 2010, with an average November return of 34.59% and a median return of 10.26%. Ethereum showed 5 positive and 6 negative Novembers since 2015, averaging 3.29% w
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