Gate Crypto Flash News and Market Updates

According to FinanceFeeds reporting, Revolut has completed a secondary share sale confirming a $115 billion valuation, a 53% increase from the $75 billion valuation in November 2025 as the fintech prepares to launch a U.S. bank and expand its regulated banking footprint globally. The transaction was led by Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates and Baillie Gifford; because it involved existing shares rather than newly issued equity, the deal prov

The U.S. dollar weakened against major currencies on November 4 after Democrats won control of both chambers of Congress in midterm elections, removing significant uncertainty around potential election disputes. The ICE U.S. Dollar Index (DXY) fell 0.25% to 101.60, hitting a low of 101.21 intraday—t

According to Bitcoin developer and BIP-54 co-author Matt Corallo, there is an 80% chance the Great Consensus Cleanup will be Bitcoin's next soft fork. Speaking recently on MARA Foundation TV, Corallo said the upgrade addresses four lingering vulnerabilities: poison blocks, time warp bugs, Merkle

According to CryptoTwitter commentator Michael Saylor, Florida's newly elected Republican governor and Texas's Democratic senator have both expressed support for establishing Bitcoin reserves. The Florida governor has backed the creation of a U.S. Bitcoin reserve, while the Texas senator recently

According to TechCrunch, on November 5, AI-focused political action committees American Mission and Building the Future collectively spent $4.8 million to support South Carolina Senate candidate Darlene Graham, who lost her race. American Mission, the Republican spending arm of

According to Citigroup's strategy team led by Dirk Willer, investors should reengage in carry trades following the U.S. midterm elections, citing a shift toward risk-on market sentiment and declining volatility. The team recommends buying a basket of Turkish lira, Indian rupee, Colombian peso, and Brazilian real, while shorting the Chinese yuan, Singapore dollar, Israeli shekel, and Thai baht as the funding leg. "Lower volatility and year-end timing should support carry trades," the strategists

Coherent reported first quarter revenue of $23.7 billion, exceeding analyst expectations of $23.1 billion, with adjusted EPS of $2.09 versus $2.02 forecast. The company guided second quarter revenue of $25.5 billion to $27.5 billion, near the $25.5 billion consensus estimate, and projected adjusted EPS of $2.28 to $2.48, above the $2.24 analyst expectation.

According to Chinese Securities Journal, lithium battery companies outlined stronger storage market growth and steady solid-state battery progress during recent third-quarter earnings calls. Multiple companies expressed optimistic expectations for 2027 market demand, citing increased requirements from power battery, energy storage, and emerging sectors such as transportation and data centers for stable green energy supplies.

According to Guru Club, spot gold surged over 3% to above $4,063 per ounce on November 5, marking the largest single-day gain since August, as the Bloomberg Dollar Spot Index fell 0.4% to its biggest daily decline since early September.

According to COINOTAG, Ethereum (ETH) moved back above its $2,309 realized price on Wednesday for the first time since a previous hack, trading near $2,433 hours later.

According to Grayscale, recently the firm amplified a tweet by @PeterMintzberg discussing the CFTC's approval of equity perpetual futures trading in U.S. regulated markets. The regulatory decision permits new derivatives trading instruments, reflecting growing acceptance of innovative financial mechanisms within traditional markets.

According to Guru Club, Brent crude plunged 10% on Wednesday following the U.S. midterm elections, as markets increased bets on the Trump administration shifting toward diplomatic resolution of the Iran situation. Vice President Vance attributed the Republican's election losses to the Iran war, reinforcing expectations of a more dovish approach. Analysts including Ben Cahil of the Atlantic Council and Seb Barker of Marshall Wace viewed Vance's remarks as a key catalyst signaling potential congre

According to Spanish authorities, on November 3, Vigo in Galicia faces a severe water shortage due to prolonged drought and significantly reduced rainfall. Major reservoirs in the region have experienced sharp declines in water storage levels.

According to its SEC filing in Q3, Strategy deployed $588 million of the $5.4 billion it raised from common stock sales into Bitcoin (BTC) purchases. The allocation represents less than 11% of the total equity raise, which came through an at-the-market (ATM) program.

According to its official announcement, NYSE added four transfer agents—Broadridge, Superstate Inc, Equiniti, and Computershare—to its tokenization network to enhance digital trading capabilities and governance on the platform. The move reflects the exchange's effort to modernize its infrastructure amid growing institutional interest in digital assets.