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
04:41
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China's Domestic LPG Prices Fall to 8,078 Yuan/Ton on November 3, Down 26 Yuan/Ton

According to Jin10 Futures, China's domestic LPG prices fell to 8,078 yuan/ton on November 3, down 26 yuan/ton from late October. The decline reflects cooling international oil prices and reduced demand from third-tier distribution stations, as terminal profit margins compressed. However, domestic supply remains constrained and port arrivals are expected to tighten further in mid-to-late November, supporting price resilience in the near term despite downward pressure.
04:37
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SK Hynix's $45B New York Chip Plant Stalled Over U.S. Export License to China

According to Reuters, SK Hynix's application for a U.S. export license to expand its Dalian factory remains unapproved since late August, delaying the company's plan to finance a $45 billion chip manufacturing facility in Massena, New York. The company sought the license to add equipment for advanced NAND chip production, which it argued would support its U.S. investment. Solidigm, SK Hynix's subsidiary, has met with U.S. Commerce Department officials nearly 10 times to seek approval, including
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04:37
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President Lee Refutes Gangnam-Only Report on Seoul Housing Decline, Data Shows Regional Disparity on Nov 4

According to Yonhap Infomax, President Lee Jae-myung on November 4 refuted media reports claiming his Seoul housing comments applied only to Gangnam, emphasizing he specifically mentioned major districts including Gangnam, Seocho, and Songpa. Data from Korea Real Estate Board for the week of October 22-28 showed Gangnam, Seocho, and Songpa districts declined 0.38%, 0.35%, and 0.22% respectively, while Seoul overall rose 0.09%, highlighting regional divergence.
04:37
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Chicago Corn Futures Hit Four-Month Low on November 3, Down 0.9% as U.S. Supply Tightens and Black Sea Peace Talks Loom

Chicago corn futures declined 0.9% on November 3, hitting their lowest level since early July, pressured by ample U.S. supply and prospects of peace talks in the Black Sea region. According to reports, StoneX Group raised its forecast for U.S. corn yield and production, lifting the corn output estimate from 16.115 billion bushels to 16.203 billion bushels. Hightower Report attributed part of the weakness to upcoming three-way peace negotiations between Ukraine, Russia, and the U.S. scheduled for
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04:33
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Societe Generale Accepts $10M in Tokenized U.S. Treasury Bonds as Collateral on Canton Network

According to BlockBeats, Societe Generale completed a transaction on November 4, accepting $10 million in tokenized U.S. Treasury bonds as collateral on the Canton network. The assets were generated through the pilot program of the Depository Trust & Clearing Corporation (DTCC) tokenization service and have been transferred on-chain, integrated into the bank's existing back-office and collateral management systems.
CC+2.23%
04:31
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Stablecoin Issuers Earned $2.1B in Q3 2026 While Blockchains Earned Only $285M: OAK Research

According to OAK Research, a French crypto market intelligence firm, a report released on October 30 revealed a significant earnings disparity between stablecoin issuers and public blockchains in the third quarter of 2026. Tether and Circle combined earned approximately $2.1 billion in Q3, while the 13 tracked blockchains collectively earned only $285 million in fees during the same period. Circle's revenue structure showed that 95% of its Q2 2026 total revenue of $701.3 million came from reserv
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04:30
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Hanwha Reports Q3 Operating Profit of 52.1B Won, Misses Consensus

On November 4, Hanwha posted Q3 2026 operating profit of 52.1 billion won on revenue of 842 billion won, according to its regulatory filing. The results fell short of consensus forecasts, which averaged 81.5 billion won in operating profit on 996 billion won in revenue.