Gate Crypto Flash News and Market Updates

According to Reuters, Japan's yen fell to 159.94 on November 11, marking its lowest level in over two months as it approached the key 160 psychological level. Top currency official Atsushi Mimura warned on November 12 not to forget Japan's intervention last summer, when the government purchased yen

According to ChainCatcher, Bitcoin mining hardware manufacturer Canaan launched a $20 million stock buyback program on November 6 following board approval of a $100 million repurchase authorization. The company plans to fund buybacks through selective cryptocurrency sales while maintaining

According to ChainCatcher, CEO Ma Huateng said on Tencent's 28th anniversary that the company's digital transformation has been delayed and requires accelerated organizational changes. He proposed deploying half the workforce to maintain core businesses like gaming and social platforms while

According to Yahoo Finance, Taiwan's stock market endured its worst October on record in 2026, with the Weighted Index plunging 2,729 points from September's close of 47,940. Among eight brokerages that reported October results, six posted month-on-month losses compared to the prior year,

According to Foxconn's earnings call on November 12, the company raised its full-year guidance across four product lines, citing improved order visibility. AI server cabinet shipments are expected to achieve high double-digit growth in the fourth quarter and continue the same trajectory

According to official disclosure on November 12, Chungshan (6720) board of directors approved the conversion of employee stock warrants into ordinary shares. A total of 44,000 shares will be converted at a subscription price of NTD 26.6 per share, with November 13 set as the record date. The

According to Bloomberg on November 11, Nomura is exploring a potential sale of its cryptocurrency subsidiary Laser Digital Holdings AG after trading losses contributed to financial difficulties in European operations. The Japanese brokerage has held preliminary discussions with prospective buyers, i

According to MoneyDJ, U.S. stock index futures fell at midday (14:37 Beijing time, November 12). The NASDAQ 100 declined 285.25 points, or 1.01%, to 28,188. The S&P 500 dropped 35 points, or 0.46%, to 7,605.5. The Dow Jones Industrial Average rose 7 points, or 0.01%, to 52,585.

According to Protos, Tether holds approximately $4.804 billion in exposure to 13 U.S.-listed companies as of November 12. Holdings are heavily concentrated in three companies: Twenty One Capital (bitcoin treasury company, ~$1.367 billion), video platform Rumble (~$1.328 billion), and agricultural conglomerate Adecoagro (~$966 million). Other holdings include Elemental Royalty ($342 million), Bitdeer ($249 million), Gold.com ($148 million), Versamet Royalties ($128 million), Metalla Royalty ($115

According to China's Foreign Ministry spokesperson Mao Ning on November 12, China responded to a G7 joint statement that criticized Beijing's increased military activities in waters east of Taiwan. Mao stated that China's position on Taiwan and related issues is consistent and justified, and accused the G7 statement of ignoring objective facts and engaging in ideological interference in China's internal affairs. She urged the G7 to address its own responsibilities and contribute positively to re

On November 12, on-chain analyst Willy Woo rejected calls that Bitcoin has entered a bear market, arguing the Crypto Fear and Greed Index reading of 28 does not confirm a downturn. Woo stated that genuine bear markets historically produce fear only when accompanied by new price lows. Since Bitcoin h

According to Foreign Ministry spokesperson Mao Ning on November 12, China firmly opposes the U.S. use of discriminatory lists under various pretexts to target Chinese institutions. Mao stated that China maintains a consistent position on U.S. chip imports to China and rejects what it views as an ove

Foxconn stated that memory chip and component shortages will persist through 2027, indicating supply chain constraints are expected to extend into next year.

According to blockchain analytics firm Elliptic, North Korea-backed hackers created six Elon Musk-themed memecoins on the NEAR blockchain between November 5 and November 7 to launder $430,000 in stolen NEAR tokens. The hackers used fake trading activity across decentralized exchange liquidity

According to Jin10 Futures, on November 12, pulp futures warehouse inventory stood at 423,521 tons, up 3,973 tons from the previous trading day. Pulp factory inventory remained unchanged at 18,000 tons.
Other energy and chemical futures showed mostly flat warehouse inventory positions: hardcoat

On November 12, marking the 78th anniversary of the Tokyo Trials verdict, China's Foreign Ministry spokesman Mao Ning reaffirmed that recognition and acceptance of the trials is a prerequisite for post-war Japan's return to the international community. Mao stated that the Tokyo Trials,

According to Taiwan Exchange, Hong Ming Corp (ticker: 3021) reported a net loss of NT$33.2 million in the third quarter of 2026, with basic earnings per share declining to -0.33 NT dollars. The company posted quarterly revenue of NT$810.4 million against operating costs of NT$684.4 million. Year-to-

According to Taiwan Stock Exchange, pharmaceutical company Sheng De reported earnings per share (EPS) of NT$0.02 for the third quarter of 2026, a significant turnaround from year-to-date losses of NT$-10.67 per share.
Q3 operating revenue reached NT$481.029 billion, up 34% year-over-year, while