Gate Crypto Flash News and Market Updates

According to MarketWatch, Bitcoin fell below $68,000 on Friday, November 13, posting a weekly decline of nearly 10% according to CoinDesk data, marking its worst week since June and reaching lows not seen since August 19. Ethereum dropped nearly 15% for the week to $1,926, hitting a 3-month low,

According to Jin10, on November 14, South Sudan's National Elections Commission revised its election schedule, postponing the presidential election originally scheduled for December 22, 2026, to February 11, 2027.

According to CNBC, Elon Musk is expected to join President Trump for meetings in Shenzhen next week.

According to ChainCatcher, 1inch has reminded staking users delegated to resolvers to claim rewards and complete unbinding by November 27. The new resolver delegation channel has been closed, while standard 1INCH staking remains unaffected by this adjustment. Users who chose to stake 1INCH directly do not need to unbind or migrate their positions.

Taiwan-listed outdoor technical fabric designer Jupon-KY reported Q3 net income of 58.3 million yuan, nearly doubling year-over-year, with earnings per share (EPS) reaching 1.79 yuan, a company record. Year-to-date through nine months, EPS stood at 4.59 yuan.
The company expects the fourth

According to Odaily, on-chain analyst Checkmate highlighted that Bitcoin's mean reversion index during the current sell-off stands at Q18, representing the lowest 18% of its distribution range and below the deep value threshold of Q20. Daily sell-off volume has climbed from approximately $420 million to over $850 million, with more than 85% originating from investors who purchased near the $80,000 peak. Meanwhile, long-term holders remain largely in profit and have not significantly sold their h

According to Odaily, a contract address accumulated losses of approximately $35.69 million while increasing its BTC short positions by 282.42 contracts, currently valued at $18.99 million as of November 14. The address (0x1f250df59a777d61cb8bd043c12970f3afe4f925) is now holding 282.42 BTC short posi

According to analyst Darkfost, Bitcoin's active supply with unrealized losses has exceeded profitable positions on November 14, with less than 45% estimated in profit. The analysis excludes bitcoins unmoved for over 10 years, typically considered

According to ChainCatcher, analyst Darkfost noted that more than half of Bitcoin's active supply is now in a loss position, surpassing the portion in profit. After excluding Bitcoin dormant for over 10 years, the estimate shows less than 45% of active supply remains profitable. Historically, when th

According to ChainCatcher, block trades accounted for over 70% of trading activity this weekend, with bullish buyers slightly outpacing sellers as Bitcoin declined.

According to ChainCatcher and on-chain analyst Ai, nine addresses associated with Bit entity recently accumulated long positions worth approximately $155 million, comprising 60,841.22 ETH and 600 BTC. These positions are currently down $44.06 million. The entity has shifted to a new set of addresses

According to BlockBeats, on November 14, MEGA (the organization behind Ethereum Layer 2 MegaETH) laid off approximately 20% of its workforce as part of a strategic restructuring. Co-founder Shuyao Kong confirmed the cuts affected early-stage employees across blockchain, wallet, ecosystem support, an

According to BlockBeats, LFG+Zest Chief Investment Officer Alberto Conca said on November 14 that European equities are positioned to outperform as market gains broaden and defensive allocations prove resilient. U.S. tech stocks represent over 35% of the MSCI U.S. Investable Market Index, compared t

According to Investopedia citing Visible Alpha analyst estimates, Nvidia will report third-quarter earnings after U.S. market close on Tuesday, with Wall Street expecting revenue of $109.5 billion and net profit of approximately $60.8 billion. This compares to Nvidia's prior guidance of $108 billion

According to ChainCatcher, Cosmos Hub Proposal 1061 to fix a governance query bug has entered the voting phase and currently exceeds the required quorum threshold with near-unanimous support. If approved, validators must upgrade their nodes to Gaia v29.1.0 at block

According to Xinhua, China's Premier Li Qiang met with Thai National Assembly President Sompon in Bangkok on November 14. Li stated that China is willing to deepen economic and trade ties with Thailand, accelerate the construction of the China-Thailand Railway, encourage cooperation between

In Q3 ending September 30, JPMorgan raised its Strategy holdings by 36% to 848,932 shares worth $131.3 million and added 1.1 million shares of BlackRock's iShares Bitcoin Trust (IBIT) worth $540 million, according to the bank's filings. IBIT holdings grew from 10.4 million shares valued at $355.7 mi

According to an X post by Pavel Durov, Telegram's self-custodial wallets surpassed 1 million registrations within 48 hours. Wallets activate automatically when users receive Grams, eliminating the need for manual setup. This viral distribution

Liv, the digital banking platform operated by Emirates NBD, is introducing USDU, a US dollar-backed stablecoin, through a partnership with Universal Digital Intl Ltd and Aquanow ME FZE. The integration allows Liv customers to access and manage USDU directly within the bank's mobile application

According to Guru Club, Elon Musk responded on November 6 to a crypto user's post with a meme image, signaling a broad crypto market downturn. Though the image was blurred, its outline suggests it references a CZ-related meme.