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
18:02
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Bitcoin Posts First Back-to-Back Annual Losses, Down 6.34% in 2025 and 16% in 2026

Bitcoin fell 6.34% in 2025 and is down roughly 16% in 2026 as of November 10, putting it on track for its first two consecutive years of losses in its 18-year history. At approximately $73,850, Bitcoin needs to gain about 18.5% to recover its 2026 opening price of roughly $87,500 and close the year in positive territory. However, the combined 21% decline is significantly milder than Bitcoin's previous major crashes. The cryptocurrency plunged 73.56% in 2018 and 64.27% in 2022, each time wiping o
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BTC+1.38%
18:01
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Baird Cuts Nvidia Rating, Slashes Price Target from $500 to $200 on CEO Controversy

According to Baird, on November 11, the investment bank downgraded Nvidia to neutral from an unspecified prior rating and slashed its price target to $200 from $500, citing concerns over CEO Jensen Huang's personal scandal and potential regulatory fallout. Morgan Stanley also removed Nvidia from its list of preferred stocks, though it maintained an overweight rating. Analyst Tristan Gerra warned the U.S. could potentially re-restrict H200 chip sales to China, forcing Nvidia to write down approxi
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17:51
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German 2-Year Bond Yield Rises 1.8bps to 3.121% on November 11

On November 11, German two-year bond yields rose 1.8 basis points to 3.121% during European market close, trading within a 3.059%-3.129% range throughout the session. Meanwhile, the German 10-year yield fell 0.3 basis points to 3.316%, while the 2/10-year spread compressed 2.067 basis points to +19.
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17:46
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CoreWeave Beats Q3 Revenue Estimates, Raises Full-Year Outlook After Hours

According to MoneyDJ, CoreWeave (CRWV.US) reported third-quarter revenue of $3.66 billion yesterday (November 10 after hours), beating analyst estimates of $3.55 billion and posting an adjusted loss per share of $0.95, better than the expected $1.16 loss. The AI cloud infrastructure provider also raised its full-year revenue guidance to $13.0–$13.3 billion from $12.4–$13.2 billion. Stock price climbed over 5% following the earnings release. Looking ahead, CoreWeave projected adjusted operating p
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17:46
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Shengda Technology Approves NT$2 Billion Unsecured Convertible Bond Issuance on November 11

According to an announcement from the Taiwan Stock Exchange, Shengda Technology Inc. (3491) held a board meeting on November 11 and approved the issuance of its fourth domestic unsecured convertible bond with a total face value of NT$2 billion. The 5-year bonds will have a 0% coupon rate, with subscription conducted via competitive auction at a minimum price of 100% par value. The company plans to use proceeds from the issuance to repay bank loans and replenish working capital. Specific terms re
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17:45
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U.S. Credit Card Debt Hits $1.29 Trillion in Q3 2026, New Record

According to the Federal Reserve Bank of New York, U.S. household credit card debt reached $1.29 trillion in the third quarter of 2026, hitting a new record high. The debt increased by $22 billion quarter-over-quarter. TransUnion data showed the average credit card balance per consumer was $6,678, u
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17:41
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Saudi Warplanes Conduct 93 Airstrikes on Yemen in 24 Hours, Houthis Report

According to Houthi forces, Saudi warplanes conducted 93 airstrikes in the past 24 hours using F-15 and Typhoon fighter jets launched from Khamis Mushayt and Taif bases, targeting civilian areas in Lahj, Taiz, Jawf, Hajjah, Marib, and Zamale provinces and causing civilian casualties. The Houthis
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