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
07:09
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Speculative Liquidation Drives Gold Decline; $8B Sold Off October 20-27

According to Goldman Sachs analysis, speculative traders liquidated approximately $8 billion in gold positions between October 20–27, primarily driving recent gold price declines rather than changes in real interest rates. U.S. Commodity Futures Trading Commission data showed that $5.2 billion
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07:07
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U.S.-China Business Council Chief Opposes Rising Trade Protectionism

According to CCTV News, Craig Allen, president of the U.S.-China Business Council, stated at this year's China International Import Expo forum that American companies oppose trade protectionism and tariffs. Allen noted that annual surveys show China's importance to U.S. firms' global strategy
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07:00
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JD Coinlink Website Goes Down, Currently Inaccessible

According to Odaily, JD Coinlink's official website is currently inaccessible and believed to be offline, though the exact timing of the outage remains unclear. Corporate registration data from Qichacha shows that JingDong Coinlink Technology Hong Kong Limited maintains an active registration status. JD previously announced plans to issue a stablecoin pegged 1:1 to the Hong Kong Dollar (HKD). JD Coinlink was a participant in the Hong Kong Monetary Authority's stablecoin issuer sandbox program bu
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06:47
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Blockworks Loses 7 Employees Amid AI Product Shift

According to Crypto.news, crypto data company Blockworks saw at least 7 employees resign recently, including research and product staff, as the company prioritizes AI product development. Former researcher Jake Koch-Gallup expressed regret over the
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06:44
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OKB Drops 3.38% to $101.61, Tests $100 Support in 24 Hours

According to COINOTAG, OKB dropped 3.38% to $101.61 over the past 24 hours on November 8, with the decline outpacing broader market losses. Bitcoin fell 0.36% and total crypto market capitalization declined 0.54% in the same period, leaving the exchange token testing the $100 support
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BTC-0.21%
06:43
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Taiwan's Siliconware Precision and Chroma ATE Plunge 41% and 46% on November 6, Triggering Trading Halt

According to Taiwan Stock Exchange, Siliconware Precision Industries (3532) and Chroma ATE (2360) plunged 41.02% and 45.70% respectively on November 6, with both stocks hitting limit-down at 253.5 and 1,205 yuan, respectively. The two semiconductors triggered the exchange's circuit-breaker mechanism and were designated as suspended stocks from November 9 to 13, with trading forced to 2-minute batch auctions. The sharp selloff, triggered by margin call liquidations following broader market turmoi
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06:42
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Autokiniton Shelves $1.05B Loan Restructuring Plan

According to Bloomberg, Autokiniton US Holdings Inc., an automotive parts supplier, has shelved efforts to modify and extend a roughly $1.05 billion leveraged loan agreement. The company had previously proposed extending the maturity to 2030, raising the loan discount to 97.5 cents per dollar of
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06:30
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Trust Wallet CEO Confirms No Impact from Web3Auth Security Issue

According to Odaily, Trust Wallet CEO Felix confirmed on X that Trust Wallet was not affected by the Web3Auth security issue. The confirmation comes after Web3Auth disclosed a security incident affecting certain third-party users of its service and temporarily suspended its embedded wallet
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