Gate Crypto Flash News and Market Updates

According to BlockBeats, on November 4, U.S. midterm election day, semiconductor stocks rebounded sharply as market uncertainty eased. The Philadelphia Semiconductor Index gained 2.64%, ending a three-day losing streak, led by strong performance in AI-related chip stocks. Nvidia rose 2.29% to return above $5 trillion in market value, while Broadcom climbed 3.07% and Micron gained 2.58%. AMD closed regular trading up 3.65% and surged an additional 7.6% after hours following stronger-than-expected

According to Yonhap Infomax, South Korean financial institutions including Mirae Asset Securities, Toss, and Korea Investment Finance Group have recently entered the Japanese market by acquiring local brokerage firms. The entry follows a sharp decline in the yen, with the JPY-KRW exchange rate now a

According to TechCrunch, Reddit launched tests for ads on its search results pages on Nov 4 (U.S. time), targeting select advertisers as the platform faces traffic declines from Google's AI-powered search. The company will evaluate user responses to refine the ad experience. Reddit also plans to

According to Stellar, Denelle Dixon discussed the significance of the utility era in blockchain technology at Meridian 2026. Stellar shared insights from the event, highlighting how blockchain is evolving toward practical real-world applications beyond

According to Axios, on November 4, the White House distributed internal campaign materials to government officials and external supporters, emphasizing Trump's support for Republican midterm candidates. The materials highlight that Trump and Vice President Vance have held over 50 campaign events since September's Republican National Convention. The White House also claimed that Republican electoral prospects have improved compared to four weeks prior. The materials are viewed as reinforcing Trum

According to COINOTAG, dormant Bitcoin wallets moved a combined 2,159.15 BTC worth approximately $167.56 million in October, marking the second consecutive monthly decline in transfers from long-dormant addresses.

According to Yonhapinfomax, Samsung Electronics and SK Hynix posted their strongest third-quarter results on November 4, with combined semiconductor operating profits reaching 189.8 trillion Korean won. Samsung's Q3 semiconductor division profit was 106.5 trillion won, while SK Hynix recorded 83.3 trillion won. Memory price increases and rising demand for HBM4, server DRAM, and enterprise SSDs drove results, with D-RAM and NAND average selling prices rising 20-28% and 17-27% respectively quarter

According to Yonhapinfomax, South Korea's Financial Supervisory Service announced on November 3 that insurance companies' long-term forward rates for 2027 will remain at 4.3%, unchanged from 2026. The rate is calculated based on a long-term average real interest rate of 2.2% and an expected

According to the China Federation of Logistics & Purchasing, China's warehouse inventory index for October came in at 49.8%, up 0.1 percentage point from the prior month. The index has remained in contraction for three consecutive

Voting concluded in parts of Indiana and Kentucky on Tuesday, with preliminary tallies potentially offering clues to the final outcome of the U.S. midterm elections. Democrats are expected to win a House majority, needing a net gain of just 3 seats for control. In the Senate, Democrats must

According to BIT stock data, on Tuesday November 4, U.S. stock market closed with the Nasdaq up 0.83%, S&P 500 up 0.36%, and Dow Jones down 0.38%. Crypto mining stocks led gains, with Cipher Digital (CIFR) up 18.37%, Hut 8 (HUT) up 15.90%, Galaxy Digital (GLXY) up 15.35%, TeraWulf (WULF) up 14.53%, and Core Scientific (CORZ) up 13.87%. Optical communications, storage, and semiconductor stocks also advanced broadly, including SanDisk (SNDK) up 4.78%, AMD up 3.65%, and Broadcom (AVGO) up 3.07%.

According to Yonhapinfomax, on November 3 (U.S. Eastern time), the U.S. Dollar Index rose to 101.861, up 0.101% from the previous close. The dollar-yen exchange rate climbed to 158.723 yen, up 0.513% from the prior session close, while the euro-dollar rate edged down to 1.11919 dollars. The U.S. dollar's gains were driven by stronger-than-expected labor market data. According to the U.S. Department of Labor, job openings in September reached 7.523 million, exceeding the market forecast of 7.1 mi

According to CNBC, Pfizer reported Q3 adjusted earnings per share of $0.87 today, beating Wall Street consensus of $0.73. Q3 revenue reached $15.8 billion, exceeding market expectations of $15.87 billion. The company raised its full-year revenue guidance to $62–64 billion from the prior range of $60

According to Yonhapinfomax, South Korea's government bond futures fell overnight on November 4 as U.S. Treasury yields rose. The 3-year bond futures contract closed at 103.40, down 6 ticks from the previous session, while the 10-year futures declined 19 ticks to 107.92. U.S. Treasury yields climbed across the curve, with the 10-year yield rising 5.30 basis points and the 30-year yield increasing 4.90 basis points. According to the U.S. Department of Labor's latest JOLTS report, job openings in S

On November 3, Tron founder Justin Sun filed a sanctions motion against World Liberty Financial, alleging the Trump-linked cryptocurrency venture concealed its United Arab Emirates citizenship until months into a federal lawsuit over his $45 million WLFI token investment. Sun's lawyers contend

According to Barron's, Nvidia reclaimed its position as the world's most valuable company on Tuesday (November 3), with shares surging over 2% to $206.69, bringing its market cap to approximately $4.98

According to Arbitrum's official announcement, Paxos has joined the Arbitrum Mentorship Program alongside partners Pendle, Variational, and USDai to provide support and resources for founders building innovative products on the Arbitrum platform. The collaboration also involves the Robinhood chain a

According to ChainCatcher, PM Derivatives LLC, a subsidiary of Polymarket, has received approval from the National Futures Association (NFA) to operate as a futures commission merchant (FCM). However, the subsidiary must obtain approval from the U.S. Commodity Futures Trading Commission (CFTC)