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
06:43
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EIA Crude Oil and Natural Gas Inventory Data Delayed to Nov 13

According to Jin10, the U.S. EIA crude oil inventory data release has been postponed to 01:00 Beijing time on November 13 (Friday), while natural gas inventory data will be released at 23:30 Beijing time on the same day, due to the U.S. Veterans Day on November 11.
06:40
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Microsoft Pushes Trump Administration to Drop China Optical Transceiver Import Ban

According to Reuters, citing three sources, Microsoft has been pressuring the Trump administration on November 11 to abandon plans for banning imports of new optical transceivers from China. Optical transceivers are critical components for AI data centers that transmit data at light speed through fiber cables. According to market intelligence firm Cleanview, Microsoft operates 35 data centers under construction in the United States and plans to build 134 more. Microsoft and other industry groups
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06:36
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China's Money Market Sentiment Index Rises to 53 on November 11

According to Jin10 Futures, on November 11 as of 2:30 PM, the CFETS-NEX money market sentiment index rose to 53, up 1 point from 10:15 AM. Among different market participants, large banks reported 51, mid-sized and small banks 53, and non-bank institutions 55, each up 1 point. The index operates on
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06:30
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Aguila Trades Opens $25.16M Bitcoin 40x Long After $547K Loss Over Past Week

According to Lookonchain, trader Aguila Trades opened a 40x leveraged Bitcoin long position worth $25.16 million today, holding 340.45 BTC with a liquidation price of $73,009. The position comes after the trader incurred a cumulative loss of $547,000 over the past week, when 18 BTC trades were
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06:30
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SK Hynix Plans New Measures to Close 40% ADR Premium Gap

According to Meritz Securities analyst Kim Sun-woo on November 11, SK Hynix is considering new initiatives to narrow the price gap between its domestic shares and American Depositary Receipts (ADRs). Domestic shares traded at 1.198
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06:23
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SoftBank Falls 11% on Q2 Loss, Rebounds on AI Optimism

On Tuesday, SoftBank reported a Q2 net loss of 1.12 trillion yen ($7.1 billion), primarily due to non-refundable prepayments for U.S. data center power equipment, along with a $370 million impairment charge.
The stock plunged 11% at the open but recovered, rising 0.8% by afternoon as investor
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