Gate Crypto Flash News and Market Updates

According to COINOTAG, on Wednesday, November 11, the New York Stock Exchange selected Avalanche as the infrastructure for its planned tokenized stocks platform. Avalanche (AVAX) rose 4% on the news, trading at $8.54, up 2.7% over 24

Ukrainian military forces struck the Ust-Luga oil port on November 11, according to military officials.

According to the U.S. Energy Information Administration (EIA), U.S. electricity consumption is projected to reach 4.306 trillion kilowatt-hours in 2026 and 4.37 trillion kWh in 2027, marking consecutive record highs. The EIA attributed the surge to rapid expansion of AI data centers and

According to the USDA's November global agricultural supply-demand forecast (WASDE) released on November 10, soybean and corn end-of-season inventory estimates fell sharply, driving CBOT futures higher. Soybean January futures closed up 3.3% at $12.28 per bushel, corn December futures rose 2.2% to $

According to Standard Chartered research released on Wednesday, the British bank forecasts Arbitrum (ARB) at $10 by 2030, roughly 50x above its current level near $0.20. The projection anchors on rapid institutional adoption of tokenized assets; Standard Chartered sizes the market at $340 billion to

According to the company's filing on November 11, Nanya Technology's board approved an investment of NT$15.3 billion to build a fifth fiberglass cloth plant at its Changbin facility in Changhua County. The expansion targets growing demand from AI servers, networking products, and advanced PCB

According to the Taiwan Stock Exchange announcement, 258 call and put warrants began trading on November 11, 2026, with reference listing prices ranging from 0.65 to 12.60 TWD. The warrants cover various underlying assets including Taiwan Semiconductor Manufacturing Company (TSMC),

The Philadelphia Semiconductor Index advanced 7% intraday on November 11, led by Micron's 13.37% gain. Nvidia rose 4.05%, Broadcom 6.66%, Intel 9.68%, AMD 7.46%, Qualcomm 2.49%, TSMC 4.70%, and ASML 3.52%.

According to Jiji Shimbun, Rapidus announced on November 11 that its 2nm chip mass production will be delayed by approximately one year to fiscal 2028, originally targeted for the second half of fiscal 2027. The delay is attributed to slower-than-expected technical development progress and

Sheng Yue-KY (Taiwan: 1340) reported a net loss of NT$0.30 per share for the third quarter of 2026 (Republic of China year 115), according to data from the Taiwan Stock Exchange. The company's nine-month accumulated loss reached NT$0.65 per share. Rental income declined to 39.51% of total revenue fr

According to MoneyDJ, U.S. stock index futures traded higher as of 2:37–2:38 PM Taipei time on November 11. The S&P 500 rose to 7,595.5, up 51.25 points or 0.67%, while the Nasdaq 100 jumped to 28,263.25, gaining 428 points or 1.51%. The Dow Jones Industrial Average climbed to 52,442, up 127 points

According to Iran's Parliament Speaker Kalibaev, the Iranian negotiating delegation reached consensus with Oman on November 11 regarding navigation routes and traffic separation systems in the Strait of Hormuz. Kalibaev stated that Iran is prepared to assist Saudi Arabia and Houthi forces in

According to U.S. Treasury Secretary Scott Bessent, President Donald Trump will meet with Chinese President Xi Jinping for the third time in 2026 next week (November 18-19) in Shenzhen during the Asia-Pacific Economic Cooperation (APEC) informal leaders' summit. Bessent stated that both sides are ex

Iran's Parliament Speaker Mohammad Baqer Qalibaf stated today that no external party should interfere in Yemen's internal affairs, which must be resolved by the Yemeni people themselves.

According to MarketWatch, SoftBank's U.S. data center subsidiary Silver Bands 7 recognized $3.7 billion in asset impairment on November 10 after adjusting its power equipment procurement strategy. The move affects data center projects including those in Pike County, Ohio, where GE Vernova supplies t

Residents of Effingham County, Georgia, just filed a RICO racketeering lawsuit against OpenAI, six county commissioners, and related officials and entities, alleging a coordinated conspiracy to advance the $20-30 billion "Project Camellia" data center project through confidential negotiations and non-disclosure agreements. According to Tom's Hardware, the three plaintiffs - Dr. Michelle Finch-Mincey, Lehman Mincey Jr., and Raymond Carver - claim fraud, concealment, improper land transactions, an

According to Foresight News, John Han was promoted to Chief Operating Officer (COO) at Solana treasury company DeFi Development (Nasdaq: DFDV) while retaining his Chief Financial Officer (CFO) role. In his expanded position, Han will oversee daily operations and cross-departmental coordination while

According to Bloomberg, on November 10, IBM ended US visa and green card sponsorship for most positions within its Consulting division, a major policy shift affecting immigration pathways at one of the world's largest technology employers. The decision applies to the majority of eligible roles withi