Gate Crypto Flash News and Market Updates

According to Bitget data, on November 11, Hong Kong's Hang Seng Index fell 0.98% to close at 24,315.92 points, while the Tech Index declined 1.41% to 4,027.06 points. Trading volume reached 180.75 billion Hong Kong dollars. Among individual stocks, MINIMAX-W

According to Irish authorities, former U.S. President Biden was hit with milk cartons and other items thrown by pro-Palestine protesters on November 10 while leaving an event at Trinity College Dublin, where his son Hunter received an award. Protesters shouted slogans including

According to OpenAI CFO Sarah Friar on Tuesday, November 10, the company's lightweight Luna model costs approximately one-fifth to one-sixth that of Chinese open-weight competitors while maintaining strong performance. Friar stated: "Models like Luna have invocation costs actually about 5 to 6

Google Cloud has expanded its Arm Neoverse-based Axion processor to its TPU 8i Max system, strengthening CPU and AI accelerator integration for large-scale AI workloads. Following earlier deployments in TPU 8t and TPU 8i, the Axion processor now provides compute resources for high-demand training, r

According to Goldman Sachs, on Tuesday the investment bank raised its Federal Reserve rate forecast after October's consumer price index (CPI) came in hotter than expected. The bank now expects the Fed to raise rates by 25 basis points in March 2027, with new expectations for hikes in January 2027 as well. Goldman Sachs also delayed its first rate cut forecast to December 2027, three months later than previously anticipated, followed by further cuts in March, June, and September 2028. The U.S. D

According to Guru Club, India's government announced on Tuesday, November 11, an immediate ban on exports of lithium-ion battery black powder, a recycled battery material containing lithium, cobalt, nickel and manganese. The Ministry of Commerce and Industry reclassified the material from "free expo

According to Saxo Bank, the U.S. 10-month CPI beat expectations for the third consecutive month on October. In response, Federal Reserve official Christopher Waller indicated December could see a rate hike of 25 basis points, with a 50 basis point increase not ruled out. U.S. Treasury yields

According to ChainCatcher, Deutsche Bank has launched a digital asset custody service for institutional and corporate clients in Germany, authorized under BaFin and MiCA regulations. The service supports Bitcoin, Ethereum, and USDC, among other stablecoins, with multi-layer key management

According to Jin10, on November 10, China's Middle East envoy Zhai Jun visited Oman and met with Hinai, Oman's Ambassador-level official at the Foreign Ministry, to exchange views on China-Oman relations and current Middle East developments. Zhai expressed China's willingness to advance bilateral re

According to Breadcrumbs analyst James Delmore and Federal Election Commission records, crypto-linked donors gave at least $471 million to the 2026 US midterms through November 6, nearly double the roughly $250 million spent in 2024. Republican candidates received $302 million, or 65% of total crypto donations, while Democratic-aligned recipients took in $96 million, or 21%. Crypto PACs, led by Fairshake and its affiliates, spent approximately $163 million with 82% supporting Republicans or oppo

According to ChainCatcher, Tencent has officially launched Yuanbao Search (so.qq.com), an independent search website. The platform defaults to AI search, delivering complete answers and cited sources for user queries, with support for follow-up questions. Traditional web search, public accounts,

According to Dun Yang Corp (2480-TW) on November 11, the company faces a significant upstream shortage of computing equipment that prevents customers from fulfilling existing orders despite signed contracts. As of the end of September, Dun Yang held 13.488 billion New Taiwan dollars in on-hand order

According to Uanalyze, Honeywell has sold its storage logistics unit to Brady, a U.S.-listed identification and safety products company, in a deal announced in April 2026 and completed in August 2026 for $1.4 billion in cash. The unit produced mobile computers, barcode scanners, and printing

According to Korean media on November 11, South Korea's KOSPI index fell 11.13% since early November and dropped 42.87% from its June 22 peak of 9,114.55 points as of November 9 closing, as investors expressed concerns about artificial intelligence's future prospects. Amid calls from 14.42 million r

According to UAnalyze's industry database, Fusee Electronics (3416-TW) reported on November 11 that Q3 gross margin declined to 36.4%, down 3.8 percentage points from 40.2% in Q2, driven by heavy shipments of OEM and ODM (original equipment manufacturer and original design manufacturer) orders. Q3 r

According to the company's Q3 2026 investor briefing reported by UAnalyze on Nov 11, Hesentek (3026-TW) disclosed that while competing brands can manufacture MLCC capacitors to similar specifications for AI server power supplies, the real barrier is verification for AC environments. The key

According to ChainCatcher, stablecoin payment infrastructure provider Rain has launched Agent Vaults, an AI-powered payment product enabling enterprises to embed payment functionalities under their own branding. AI agents can execute transactions on behalf of users or businesses within authorized pa