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
07:15
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Hyperliquid Trader Faces $52.5M in Liquidations Over 7 Days, $881K Loss

According to Onchain Lens, a Hyperliquid trader accumulated $52.5 million in liquidated positions over the past 7 days as of November 4, suffering losses of approximately $881,000. The wallet currently holds a 40x leveraged BTC short position worth $5.54 million, with liquidation just 0.27% away
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07:13
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Sam Altman Changes X Handle to Ram Altman After Joke About PC Memory

According to Beating AI, OpenAI CEO Sam Altman changed his X handle to "Ram Altman" today, a play on the computing term RAM (random access memory). The move came after Altman faced online mockery following remarks on October 29 where he complained that personal computers wastefully keep DRAM idle and suggested centralizing memory in cloud data centers for better utilization. Altman later clarified he actually wants to increase global memory production so everyone can equip their computers with d
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07:12
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Bitcoin Spot ETFs See $115.6M Net Outflows on November 3

According to Farside data, U.S. Bitcoin spot ETFs experienced net outflows of $115.6 million on November 3, extending a streak of consecutive outflow days. Over the five-day period from October 28 to November 3, cumulative net outflows reached $1.003 billion. BlackRock's IBIT led the decline
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07:12
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Aero Reaches Top Three DEXs on Arbitrum Within 12 Days of Launch

According to Arbitrum's official confirmation, Aero reached the top three decentralized exchanges on Arbitrum by daily volume within 12 days of its launch. The milestone highlights the platform's rapid growth and strong community backing in the decentralized finance
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AERO+6.70%
ARB+4.93%
07:12
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NEAR Protocol Votes to Cut Annual Token Issuance from 2.5% to 1.6% Over 24 Months

According to NEAR Protocol, on Nov. 2, the House of Stake governance body voted to reduce the network's annual token issuance ceiling from 2.5% to 1.6% over the next 24 months. The proposal, identified as HSP-029, aims to reduce long-term inflation and slow the creation of new tokens entering circulation. However, the governance vote does not automatically activate the new schedule; additional approval and implementation procedures must be completed. The House of Stake Security Council will revi
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07:12
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U.S. Spot Ethereum ETFs See $85.3M Net Outflows on Nov 3

According to Farside data, U.S. spot Ethereum ETFs experienced net outflows of $85.3 million on November 3 (ET). The recent five trading days (Oct 28–Nov 3) saw cumulative outflows of $507.6 million, extending a streak of net outflows to seven consecutive trading days with total outflows reaching $656.4 million. BlackRock's ETHA fund led outflows with $74.4 million. Since launching in July 2024, the ETFs have recorded cumulative net inflows of $12.09 billion, with ETHA contributing $11.66 billio
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07:11
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Mastercard Joins Forces with Base to Expand Crypto Payment Solutions

Mastercard has announced a partnership with Base to enhance its crypto payment solutions, according to Base's official announcement. The collaboration aims to expand the usability and adoption of digital assets in everyday transactions, bridging traditional finance with the emerging crypto ecosystem. Both companies are positioning themselves at the forefront of payment innovation through this integration of blockchain technology into payment systems.
07:09
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Shanghai Futures Exchange Reports Decline in Base Metal and Precious Metal Warehouse Receipts on November 4

According to the Shanghai Futures Exchange, warehouse receipt data for base metals and precious metals on November 4 showed the following changes compared to the previous trading day: Copper futures receipts fell to 7,845 tonnes (down 1,605 tonnes); aluminum dropped to 54,158 tonnes (down 1,968 tonnes); zinc fell to 59,762 tonnes (down 571 tonnes); lead decreased to 6,974 tonnes (down 1,192 tonnes); nickel declined to 87,934 tonnes (down 359 tonnes); tin fell to 1,747 tonnes (down 243 tonnes); a
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07:09
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Fuel Oil Inventory Drops 25,550 Tonnes at Shanghai Futures Exchange on Nov 4

According to the Shanghai Futures Exchange, fuel oil futures warehouse inventory fell by 25,550 tonnes to 20,820 tonnes on November 4. Low-sulfur fuel oil warehouse inventory declined by 180 tonnes to 11,500 tonnes, while pulp warehouse inventory increased marginally by 13 tonnes to 419,645 tonnes.
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