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
23:57
0

Claude Offers Free Full Usage Reset for Pro, Max, Ultra, Team Users Until Dec 10

According to ClaudeDevs on X, Claude on November 11 announced a one-time free full usage reset for all Pro, Max, Ultra, and Team users, covering all models and rate limits. The reset must be claimed by December 10 at 2 PM Pacific Time. Users can access the option in Settings > Usage. Claude attributed the reset to recent fixes for issues that caused rate limit depletion to exceed expectations. The company noted that a previous Fable reset provided limited relief to users who had exhausted weekly
More
23:51
0

Strategy Faces Potential MSCI Index Exclusion on November 12, Risk of $2.8B Selling Pressure

According to MSCI, Strategy faces potential exclusion from the MSCI index, with results to be announced on November 12 at 7 a.m. Korean time. If removed, JP Morgan estimates approximately $2.8 billion in selling pressure could emerge, as exchange-traded funds tracking the MSCI index would need to adjust holdings. MSCI adopted new criteria in October that may exclude non-operating companies whose assets are primarily held for investment purposes rather than business operations. Strategy, the worl
More
BTC-2.00%
23:43
0

Jefferies Upgrades Riot Platforms to Buy, Raises Price Target to $28 from $13 on Nov 10

According to CNBC on November 10, Jefferies analyst Jonathan Peterson upgraded crypto mining company Riot Platforms (NAS: RIOT) from Hold to Buy and doubled its price target to $28 from $13. Peterson cited Riot's power-supplied Texas data center site in Corsicana, secured under favorable terms yielding 33% average return. The deal reduces per-megawatt capital expenditure to $6 million, compared to industry standard of $11-15 million. A 15-year lease beginning September 2027 lowers execution and
More
23:43
0

AI Stocks Hit by Selling Pressure as Nasdaq-100 Falls Over 6% Last Week

According to Business Insider, AI-related stocks faced significant selling pressure last week as the Nasdaq-100 index declined over 6%, with analysts warning that corrections may continue. MRB Partners strategist Phillip Colmar noted on Thursday that the sector faces multiple headwinds, including unclear monetization paths, elevated borrowing costs, data center expansion backlash, and financial instability among AI firms like OpenAI and Anthropic. Investment firms recommended shifting toward qua
More
23:43
0

Tai Yang Stock to Delist Dec 21 as Foxconn Subsidiary Reports Negative Equity of NT$244M

According to Taiwan Stock Exchange, Tai Yang (2314), a Foxconn subsidiary, will delist on December 21, 2026, after reporting negative equity of NT$244 million in Q3 2026. The company's debt-to-equity ratio surged to 109%, with a current ratio of only 65%. Tai Yang triggered delisting requirements under TSE regulations due to persistent financial deterioration. The stock suspended trading today pending major announcements and will resume trading tomorrow; as of November 9 close, the share price w
More
23:43
0

Taiwan's Weighted Index Jumps 2.52% to 42,711.92 Points on November 10

According to China Times, Taiwan's weighted index rose 1,050.22 points to 42,711.92 on November 10, extending gains for a second consecutive trading day. Semiconductor and electronics components led the rally, with TSMC (2330) closing in the red and Delta Electronics (2308) hitting its daily
More