Gate Crypto Flash News and Market Updates

According to American Electric Power (AEP), on November 3 the company established a new business unit called AEP Infrastructure to manage power generation, transmission, and distribution infrastructure specifically targeting AI data centers and large industrial clients. The unit will develop generation assets supported by long-term customer contracts and evaluate acquisitions of existing power plants to expand its competitive generation business. AEP announced on November 3 that it has signed ag

According to Eaton's Q3 earnings report released November 3, the electrical equipment maker's data center business revenue grew 65% year-over-year, with orders surging over 100% in the past 12 months as demand for power distribution and cooling in AI data centers accelerates. Eaton raised its full-y

The Nasdaq Golden Dragon China Index rose 0.5% at market open today (November 3, 2026).

According to NEAR Protocol's official announcement, the network's House of Stake governance body voted to cut maximum annual token issuance from 2.5% to 1.6% over a 24-month ramp period. The approved proposal, HSP-029, will lower long-term token emissions and establish a verifiable supply

Russia claims to have targeted a cargo vessel 24 kilometers south of Odesa on November 3, according to Russian military statements. The specific details regarding the vessel and damage assessment were not

According to CCTV, on November 3, China's Foreign Minister Wang Yi held separate meetings in Beijing with Thai Deputy Prime Minister and Foreign Minister Sihasak Thawinchai, Lao Deputy Prime Minister and Foreign Minister Thongsavanh Phomvihane, and Myanmar's Minister of Planning, Investment and Fore

German auto parts supplier Schaeffler announced plans to cut 3,460 jobs and close five plants in Europe by 2028, with roughly three-quarters of the cuts and four closures located in Germany due to high labor costs. The layoffs represent approximately 3 percent of the company's global workforce of

According to 1inch, the decentralized exchange aggregator has launched Aqua on Base today, enabling developers to create liquidity strategies directly from their wallets without requiring traditional liquidity pools or lockups. The 1inch DAO is funding new strategies with grants up to $50,000,

According to Reuters, the US 10-year Treasury yield reached approximately 4.937% on November 3, up from 4.91% the previous day, as investors weighed AI infrastructure spending risks ahead of midterm elections.
Higher government bond yields increase corporate borrowing costs while reducing the