Gate Crypto Flash News and Market Updates

According to Wistron announcement on November 6, the company posted October revenue of NT$402.615 billion, up 118% year-over-year with month-over-month growth of 5.73%. Cumulative 10-month revenue reached NT$3.29 trillion, up 99.53% year-over-year and marking a record high. Wistron attributed the gr

Materials-KY reported October 2026 revenue of NT$1.052 billion on November 6, up 33.07% year-over-year and marking the second-highest monthly revenue this year. The company also announced it will acquire 100% of Cerdia Holding for $368 million (approximately NT$11.7 billion) through a combination of

Swire Coca-Cola China unveiled progress on its 12 billion yuan investment initiative at the ninth China International Import Expo. The company previously announced plans to invest over 12 billion yuan across mainland China over the next decade to build new factories and production

According to China's central bank officials on November 6, the People's Bank of China will focus enforcement efforts on domestic cryptocurrency exchanges and local entities affiliated with offshore crypto trading platforms. The central bank cited risks including inadequate customer identification an

According to the Israeli Times, on November 5, Israeli President Herzog expressed shock over U.S. President Trump's claim that the two nations had agreed to end American military aid by year-end, saying he was previously unaware of such a plan. Herzog said the statement made him "very concerned"

According to state broadcaster CCTV, President Xi Jinping held a welcome ceremony for Gabonese President Ali Bongo Ondimba at the Great Hall of the People in Beijing on November 6. Ondimba is on a state visit to China from November 3 to 7 at Xi's

According to Taiwan's Ministry of Economic Affairs, today (Nov. 6), the country's third-quarter economic growth rate reached 14.36%, driven by demand for artificial intelligence, high-performance computing, and cloud services.
Exports exceeded $660 billion this year, up 46.2% year-over-year,

According to Compal's third-quarter earnings report released on November 6, the metal casing manufacturer posted an operating loss amid component shortages that dampened notebook PC shipments. Third-quarter net profit per share fell 54.7% year-over-year, while nine-month cumulative earnings were

According to ETF flow data, US spot Bitcoin ETFs recorded $430.2 million in net outflows on Nov. 5, reversing Wednesday's modest gains. Bitcoin fell approximately 5.3% over the 24-hour period, dropping to an intraday low of $75,035. Across the first four trading sessions of November, spot Bitcoin ETFs recorded approximately $869.8 million in cumulative net outflows. BlackRock's iShares Bitcoin Trust (IBIT) led withdrawals with $105 million, followed by Fidelity's Wise Origin Bitcoin Fund (FBTC)

Foreign investors sold NT$91.188 billion of Taiwan stocks today (November 6), extending their selling streak to seven consecutive trading days as the market plunged nearly 3,737 points intraday—its largest one-day drop on record. Futures net short positions surged to 99,930 contracts, approaching th

According to market sources, on November 6, the U.S. Democratic Party is targeting Apple, Meta Platforms, and companies owned by Elon Musk for investigation following Democratic control of Congress. The probe aims to examine corporate ties and donations to Trump-related events. Bloomberg

According to Yonhap Infomax, South Korea's 1-year Interest Rate Swap (IRS) rate fell sharply to 3.47% on November 6 afternoon, down 5.75 basis points from the previous trading day. The 3-year and 5-year IRS rates declined 6.50bp and 5.00bp respectively, while the 10-year rate fell 3.00bp. Currency R

According to Adata's earnings call on November 6, the company expects Q4 revenue to decline slightly from Q3 due to year-end inventory adjustments, though it maintains a positive outlook on the memory industry. Adata

On November 6, Taiwan's National Stabilization Fund held an emergency meeting and approved a market stabilization plan amid a historic market plunge. The weighted index dropped nearly 3,800 points during the session, closing at 39,701 points. From November 2 to 6, the index fell 5,510 points

According to Futures Pro, fuel oil futures declined nearly 20% over five days this week, prompting a recovery in the broader energy complex. Meanwhile, apple and red date futures bucked the broader downtrend with

According to the Department of Energy, on Wednesday, November 4, the Philippines is exploring a nuclear reactor as a potential power source for the Pax Silica industrial hub in Tarlac, which requires an estimated 3,000 megawatts of electricity. DOE Director IV Patrick Aquino told reporters that the

Tesla raised the U.S. market price of its Cybertruck Cyberbeast model to $102,490 today, according to the company.

According to its latest earnings call on November 5, Microchip Technology forecasted Q3 adjusted gross margin to fall to 64-65% from 66.5%, as AI demand constrains wafer foundry and packaging capacity. The company reported Q2 revenue of $1.622 billion, up 42.2% year-over-year, with industrial and

According to U.S. Department of Labor expectations announced today (November 6), October nonfarm payrolls are forecast to rebound to 65,000 jobs, significantly higher than September's 29,000 disrupted by seasonal factors. Average hourly wage annual growth is projected to decline to 2.9%, marking

According to crypto analyst Darkfost cited by Odaily, Bitcoin investors realized cumulative losses exceeding $2 billion over the past 3 days, with daily realized losses ranging from $657 million to $703 million. The past week's net realized