Gate Crypto Flash News and Market Updates

According to Xinhua News Agency, Wang Yi, China's foreign policy chief and Politburo Standing Committee member, met with a North Korean Labor Party delegation led by Kim Sung-nam on November 5. Wang Yi noted that Chinese President Xi Jinping's state visit to North Korea in June set the direction for

According to Jin10, on Thursday (November 5), China's offshore yuan HIBOR rates showed mixed movement. The one-year CNH HIBOR climbed to 1.78242%, marking the highest level since March 31. Meanwhile, overnight HIBOR declined 1 basis point to 1.36515%, one-week HIBOR rose to 1.42106%, and two-week HI

According to BlockBeats and TradingBeats monitoring, on November 5, a whale (starting with 0x0242) saw account equity surge 70.4% in one week, from $20.02 million to $34.11 million, with near-week realized gains and unrealized gains totaling approximately $14.09 million. The whale's profitability

According to PANews and crypto journalist Eleanor Terrett, Nebius, Boeing, and ServiceNow joined the opposition to tokenized equity trading on OKXICE today (November 5), bringing the total number of opposing companies to 62, up from 59 on November 3. Of the initially proposed 62 companies, 54 have n

According to CNN, reported on November 4, the U.S. House of Representatives may vote to impeach Defense Secretary Hegseth as early as next week. Kentucky Republican Representative Thomas Massie plans to push for the impeachment vote after Congress reconvenes next week. Multiple Republican sources cited by the outlet expect the vote will pass.

According to Jin10, U.S. Treasury yields declined sharply on November 5 following Democrats' decisive midterm election victory. The benchmark 10-year yield fell to 4.84%, its lowest level since September 10, while all maturity rates dropped at least 3 basis points. The U.S. dollar index fell 0.2%.

According to COINOTAG, Bitcoin drew $393.81 million in net capital inflows over the past 24 hours to early Thursday, marking the largest net inflow among the 15 largest digital assets by market value. Aggregate flow tracking shows total inflows into BTC reached approximately $3.31 billion

According to MoneyDJ, TSMC acquired Acer's Taichung manufacturing facility for 38.8 billion Taiwan dollars (approximately $12.5 billion USD equivalent) on November 4, providing immediate production space to support advanced packaging expansion. The company is ramping advanced packaging monthly

According to LatePost, entrepreneur Yang Tianzhen, founder of Yixin Entertainment, has partnered with Jiang Shanshan, former head of frontier technology investments at Alibaba, to launch Helios Venture, a venture capital firm focusing on AI, embodied intelligence, nuclear fusion, and

According to BlockBeats, Trump Media & Technology Group (DJT) fell 24.54% on November 5, hitting a record low since its listing, with shares closing at $4.56. The stock declined as U.S. Democratic control of Congress was solidified. Tesla fell 3.34% and SpaceX dropped 3.81% on the same

According to Kristian Coates Ulrichsen, senior fellow at Rice University's Baker Institute, the Houthis have established significant military advantages over Saudi Arabia as of November 5, with the risk imbalance now exceeding levels from 2015–2022. Strikes on civilian and energy infrastructure

According to the Wall Street Journal, on November 5, Houthis have demanded $51 billion from Saudi Arabia to end their military conflict, following attacks on Saudi tankers and the group's control of the Bab el-Mandeb strait.
The Houthis stated the funds would compensate for damage caused by Saudi a

According to Business Insider, following the Democratic party's midterm election victory that gave them control of both chambers of Congress, tech industry executives expressed divergent views on potential policy impacts on data centers and artificial intelligence. Elon Musk suggested on

According to Qualcomm's CEO, the company's partnership with Starlink has 'tremendous potential.' Revenue is expected to begin appearing near the end of fiscal 2027, with the opportunity developing more fully in fiscal 2028.

According to Bill Ackman's latest shareholder letter, on November 5, the billionaire investor warned that the market may underestimate the long-term returns of AI infrastructure investments by major cloud providers. Capital expenditures by four major cloud companies have surged from

According to Torsten Sløk, chief economist at Apollo Global Management, U.S. consumer spending has proven stronger than expected, complicating the Federal Reserve's effort to bring inflation back to target. Data released by the Fed in late October shows that household spending growth across income g