Gate Crypto Flash News and Market Updates

Taiwan's weighted index rose 1,148.13 points, or 2.69%, to 43,860.05 points as of midday on November 11 Taipei time. HDI circuit board concept stocks led gains with a 6.36% advance, with Nanya Technologies (2316-TW) climbing 10%, Unimicron Technologies (3044-TW) up 9.82%, and Dingxin Holding (3715-T

According to Odaily, a tracked address shifted from Bitcoin long to short positions between 11:20 and 12:28 UTC today, closing approximately 377.86 BTC long positions worth $27.86 million and subsequently opening approximately 382.84 BTC short positions worth $28.2 million.
The address has

According to Taiwan's Financial Supervisory Commission, announced today at the 2026 Taiwan Week forum, the country's virtual asset monitoring framework will enter full implementation in Q1 2027. The FSC confirmed 9 sub-regulations for the Virtual Asset Service Provider (VASP) law, governing

According to South Korea's official data released on November 11, the country added 139,000 jobs in October, with the unemployment rate declining to 2%, down 0.2% year-over-year. This marks the fourth consecutive month of job additions exceeding 100,000, while the number of unemployed fell

According to Bitcoin.com News, on November 9, Missouri Attorney General Catherine Hanaway filed a counter-suit against prediction market platform Novig, invoking the 2006 Unlawful Internet Gambling Enforcement Act. The suit seeks to prohibit Novig from accepting funds from Missouri residents

According to BlockBeats, Acala and Karura submitted governance proposals on November 11 to halt their respective Polkadot and Kusama networks on February 10, 2027, after approximately seven years of operation. The teams cited insufficient DeFi liquidity depth and unsustainable operating costs as

According to Guru Club, Xinhui Technology (6667), a Taiwan-listed semiconductor equipment and facilities engineering company, reported third-quarter 2026 consolidated revenue of NT$2.428 billion, up 44.91% quarter-on-quarter and 45.93% year-over-year, with net profit attributable to parent of NT$409

Spot silver rose $1.00 per ounce intraday to $52.53 per ounce, a gain of 1.94%.

According to BlockBeats, on November 11, police in Dezhou, Shandong province dismantled a cross-provincial extortion ring. The criminal group impersonated environmental inspectors and reporters, using drones to film aquaculture farms and post negative videos, then coercing farmers to pay for

According to BlockBeats, on Nov 11, David Schwartz, former Chief Technology Officer of Ripple, stated he has liquidated nearly all his cryptocurrency holdings due to low risk tolerance. His positions dropped from approximately 26 million XRP, 1,500

According to pseudonymous trader washed, a Wednesday essay argues that crypto Twitter (CT) incentives have shifted from hunting trading opportunities to monetizing followers and influence. The claim that the public timeline is "finished" reflects where rewards for information now sit. On-chain

Taiwan-based networking equipment manufacturer Taiyang Tech (2314) announced on November 11 that it will be delisted from the Taiwan Stock Exchange effective December 21, 2026, after its third-quarter financial report showed negative shareholder equity of

According to ChainCatcher, Ctrip announced last week a company-wide rollout of a DRI (Directly Responsible Individual) system that merges product, engineering, and operational teams across project-based structures. The initiative aims to blur traditional functional boundaries and empower cross-functional collaboration, where any team member—regardless of role—can propose and execute ideas independently. A DRI lead, appointed from any function (product, operations, or technical background), has f

According to ChainCatcher citing Coinglass data, the Crypto Fear and Greed Index stands at 30 today (November 11), down 1 point from yesterday, signaling a panic state in the market.
The 7-day average of the index is 32, while the 30-day average is 46, indicating elevated volatility relative to

According to Morgan Stanley's prime brokerage business team, global equities hedge funds underwent their most severe de-risking in over a decade during the first week of November, with widespread position liquidations sweeping across markets. In Asia, hedge funds employed dual tactics—reducing

According to on-chain analyst Ember, an Ethereum whale purchased 6,087 ETH at an average price of $2,031 on November 11, spending approximately $12.36 million. The same wallet had sold 5,368 ETH at $2,739 on September 22 for about $14.70 million, representing a 25.8% price decline between the two

According to Wall Street Journal, OpenAI's third-quarter revenue reached $10 billion, up approximately 50% from the prior quarter, but operating losses widened from $10.1 billion to $10.9 billion during the same period. The company's adjusted operating margin improved from negative 150% in Q2 to negative 109% in Q3, according to documents obtained by WSJ.

Taiwan Glass (1802-TW) saw October revenue surge 56.49% year-over-year on strong shipment momentum from its high-end fiberglass cloth business, exceeding market expectations. The stock soared to the daily limit of 76.7 TWD on November 11 with volumes reaching 2.6 million shares amid sustained

According to Moody's latest macroeconomic outlook, global economic growth is expected to decelerate from 2.8% in 2025 to 2.6% in 2026, then stabilize around 2.6% in 2027 and 2028. Developed economies are projected to grow about 1.7% next year, while emerging markets growth is expected to slow from 4