Gate Crypto Flash News and Market Updates

According to OpenAI, the company announced on November 2 that ChatGPT Classic, its legacy desktop application, will cease operations on January 30, 2027. Users will receive a discontinuation notice upon opening the app, with a banner linking to the new ChatGPT download page. Complete chat histories will migrate automatically with user accounts, allowing users to continue conversations in the new application.

According to Microstrategy's official disclosure, the world's largest Bitcoin holder purchased 811 BTC for approximately $65.5 million from October 26 to November 1, at an average price of $80,846 per coin. This represents the company's largest single acquisition since September 28, when it

According to interviews on October 7, Saudi Arabia's Public Investment Fund (PIF) presented 140 investment opportunities to Korean enterprises during an investment forum co-hosted with the Korea Chamber of Commerce and Industry and the Ministry of Trade, Industry and Energy in Seoul. The forum

According to Yahoo Finance, Estée Lauder (NYSE: EL) reported on November 2 that its Q1 perfume division net sales surged 20% year-over-year, the company's fastest-growing segment. The beauty giant delivered adjusted EPS of $0.72, beating consensus of $0.51, with revenue reaching $3.72 billion versus expected $3.65 billion. CEO Stéphane de la Faverie attributed growth to younger consumers increasingly diversifying fragrance portfolios across occasions. Luxury brands including Le Labo, Tom Ford, a

According to PANews, on-chain analyst Yuechen monitored that the SHIB whale who purchased 1.03 quadrillion SHIB (17.4% of total supply) for just 37.8 ETH ($13,700) in 2020 transferred 10.7 trillion SHIB (worth $4.94

The National Development and Reform Commission will hold a press conference tomorrow (November 4) at 10:00 a.m. at its headquarters in Beijing. The event is part of the NDRC's ongoing series of briefings on the 15th Five-Year Plan, with focus on strengthening development

According to ChainCatcher, DeepSeek today unveiled the creator mode for Harness AI workspace, allowing users to have AI develop plugins and modify software interfaces without writing code themselves. In the official demonstration, the AI generated over 600 lines of frontend code to build a

According to Yonhap Infomax, South Korea's carbon emission allowance (26-vintage) reached 30,000 won per ton on November 3, marking a 250 won decline from October 30. The Phase 4 emissions trading scheme (2026-2030) has begun with annual allocation decreases, pushing prices to their highest

According to CNBC analysis of data from 1980 to 2024, the S&P 500 index rose an average of 13.7% in the year following U.S. midterm elections. The index showed even stronger performance when power was divided between the executive branch and Congress—averaging 15% gains across 15 such elections,

According to Yonhap Infomax, U.S. President Donald Trump said on November 2 that Iran is willing to reach a deal and has pledged not to acquire nuclear weapons. Trump stated, "They already understand and recently said so themselves—that they will not have nuclear weapons." He added that the U.S. wil

According to Bloomberg, Mercado Bitcoin will absorb $40 million in losses from a recent security breach and said customer funds will not be impacted. The exchange stated the attack has been contained and its team is investigating the incident, tracking assets, and coordinating with authorities and r

China's major oil companies traded lower today (November 3). PetroChina (00857.HK) fell over 5%, while China National Offshore Oil Corporation (00883.HK) and China Petrochemical Corporation (00386.HK) each declined over 4%.

According to CNBC on November 2, the S&P 500 declined approximately 2% over the past 30 days—its worst week since June—while the VIX (Chicago Board Options Exchange Volatility Index) rose only moderately to 19.4 after briefly touching its highest level since April. Analysts note the muted VIX response is atypical; historical analysis of 126 major selloffs since 2018 suggests the index should have climbed further. Asset managers reduced risk exposure by directly selling equities rather than purch

According to Boris Hoffmann, head of monetary policy at the Bank for International Settlements (BIS), and Matthias Caldorf, chief economist at Germany's Deutsche Bundesbank, researchers published findings on November 2 analyzing the macroeconomic impact of large-scale dollar stablecoin issuance. If stablecoin supply reaches $2 trillion, U.S. Treasury yields would decline approximately 25 basis points due to increased demand from stablecoin reserve assets, while commercial banks would raise depos

According to Goldman Sachs on November 3, if Middle East oil production disruptions persist, Brent crude prices could average $130 per barrel in 2027. The bank projects that if oil output remains 3.5 million barrels per day below 2025 average levels, Brent crude could reach $140 per barrel with

According to The Block, Ark Invest bought $3.4 million worth of Coinbase shares, $2.6 million of Circle shares, and $645,820 of Robinhood shares on November 3. The fund also sold $2.3 million of Bullish shares, which fell 5.6% that

SC crude oil futures main contract fell 8% intraday today, trading at 685.40 yuan per barrel as of the latest quote.

According to on-chain investigator ZachXBT, on November 2, more than $106 million in digital assets stolen from an unnamed European Union organization was traced through centralized exchange custody, across the Ethereum blockchain, and into the Monero

According to Odaily, Unitree Technology founder Wang Xingxing announced today (November 3) at the World Internet Conference in Wuzhen that the company will prioritize developing robot brain technology. Beyond its internal research efforts, Unitree will seek collaborations globally and is committed t

According to its earnings call on Monday, November 2, Apple acknowledged that iPhone Duo foldable phones face delivery delays, with no clear timeline for when supply shortages will ease. Operating Chief Sabih Khan stated that demand significantly exceeds production capacity and the company is