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
07:17
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21 Banks Commit $270M to Stablecoin Project, Target Early 2027 Launch

According to Bloomberg on November 10, a 21-institution consortium committed approximately $270 million to Project Faro, a joint stablecoin venture led by Goldman Sachs, Citigroup, Deutsche Bank, and other major global financial institutions. The funding covers five years of operating expenses for a
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07:13
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Anthropic Lowers Japan IPO Target to $3 Billion

According to Bloomberg, Anthropic has lowered its Japan stock issuance target to $3 billion. The AI company had previously announced plans for a larger equity offering in the Japanese market.
07:12
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Grayscale Pledges US$1 Million to Zcash as ZEC Falls 12% in 24 Hours

According to Grayscale's announcement on November 10, the asset manager pledged US$1 million (AU$1.45 million) to Zcash non-profits, with the first US$400,000 (AU$580,000) already distributed as four equal grants to Zcash Foundation, Pretty Good Policy for Zcash, Shielded Labs, and Project
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07:07
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XRP's Leverage Ratio on Binance Drops to 0.14, Lowest in Three Months

According to CryptoQuant analyst Arab Chain via PANews, XRP's estimated leverage ratio on Binance dropped to approximately 0.14 on November 11, marking its lowest level in three months. The asset was trading at around $1.09. The metric reflects traders' reduced reliance on leverage, suggesting
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