Gate Crypto Flash News and Market Updates

According to CNBC, Democratic lawmakers called for restrictions on data center construction following their midterm election victory. Senator Bernie Sanders urged an immediate nationwide moratorium on data center development, while Texas's newly elected Democratic Governor Gina Hinojosa pledged to h

On Thursday, November 5, U.S. sector ETFs declined sharply across the board. The Semiconductor ETF fell 11.21%, while Global Tech Stock Index ETF and Tech Industry ETF each dropped at least 8%. Network Stock Index ETF declined 4.51%, and Energy Sector ETF fell 2.98%.

According to ChainCatcher, Cloudflare (NET) rose 19% in after-hours trading on November 5 following the company's earnings announcement.

On November 5, Canada's Prime Minister Mark Carney released a budget plan allocating C$151.5 billion (approximately US$108 billion) in net spending over five years, aimed at stimulating investment and improving affordability. The budget is partially funded by windfall gains from elevated oil

On November 5, Canada's federal budget announced $45 billion CAD in housing measures over the next decade, including $11.2 billion CAD for supportive and transitional housing. The government will relax foreign buyer restrictions to allow purchases of new homes, while extending the ban on existing ho

On Thursday, Mexico's central bank cut its key interest rate by 25 basis points to 6.25%, describing the move as a one-time adjustment to help inflation return to target levels. The Mexican peso extended losses following the decision, trading down 0.75%, while the Mexican stock index rose 0.23%. The

According to Taiwan's Central Bank, foreign capital posted net outflows of $28 billion in October, hitting a record monthly high and bringing Taiwan's foreign exchange reserves to $596.437 billion, below the $600 billion mark. The central bank intervened in the forex market to stabilize the New Taiw

According to the company's October 22 announcement, SUI Group Holdings (NASDAQ: SUIG) will release its third-quarter 2026 financial results today, November 5, highlighting a 109.1 million SUI treasury. The earnings report covers the quarter ended September 30, with an investor conference call

According to Bloomberg, on Thursday, November 5, the Bloomberg EV Price Return Index fell 0.03% to close at 2949.24 points. The index climbed to a daily high of 3022.50 points during early Asia trading at 10:47 AM Beijing time before retreating to a daily low of 2930.86 points following the U.S.

According to VanEck, Bitcoin mining stocks that expanded into AI data center infrastructure declined an average of 35% throughout October. The investment manager believes the selloff was excessive, arguing that market concerns about AI financing costs spread to miners despite no reported

According to ChainCatcher, citing RootData market data, crypto-linked stocks fell in U.S. aftermarket trading on November 5: Circle (CRCL.N) dropped 1.7%, Coinbase (COIN.O) declined 1.6%, and MicroStrategy (MSTR.O) fell 1.3%.

Airbnb issued fourth-quarter revenue guidance of $32.2 billion to $32.8 billion, exceeding analyst expectations of $31.6 billion. The guidance points to strong momentum in the company's core booking business heading into the final quarter of 2026.

According to OpenAI's official announcement on November 5, the company released GPT-6 Cyber, a specialized cybersecurity model designed for authorized security testing and system penetration assessments. The model received the highest risk classification, "Critical," under OpenAI's Preparedness

According to Yonhapinfomax, the Institute of Global Economics and KB Financial Group convened an international conference in Seoul on November 6 to examine the evolving role of finance in the AI era. The conference, held at the Fairmont Ambassador Seoul, focused on how financial innovation can

According to Canada's 2026 Budget, energy market forecasts indicate WTI crude oil average prices may reach $87 per barrel in 2026 and $89 per barrel in 2027.

According to a domestic brokerage, on November 5, target prices for two major memory chip stocks were downgraded. Nanya Technology (2408) had its rating cut from 'buy' to 'hold', with target price reduced to 447 New Taiwan dollars (TWD), representing a 15.2% decline from the previous 527 TWD.

According to COINOTAG, Core Scientific announced during its third-quarter earnings call on Thursday that it will complete its Bitcoin mining business exit by year-end 2026. CEO Adam Sullivan set the deadline for the company to transition into 2027 as a pure-play high-density colocation service

Indonesia issued $3 billion in sovereign bonds for the first time in the international market since MSCI issued threats to downgrade the country's index inclusion, according to official announcements.

According to Iran's state television, yesterday (November 5) Iran's top national security official Rezaei discussed Russian natural gas supply and related infrastructure development with President Putin. Rezaei stated that both sides discussed the Rasht-Astara railway project, with Iran set to

According to MarketWatch, the Nasdaq-100 Index plunged over 5% on Thursday, November 5, erasing gains from the previous day's post-election rally as investors reassessed the policy implications for artificial intelligence infrastructure following Democrats' electoral victories. The Democratic