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
08:53
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Tether Freezes $1.5B USDT from Binance Hack on November 2, but Blockchain Data Contradicts 30-Minute Timeline

According to a November 2 statement, Tether froze over $1.5 billion in USDT connected to the October 29 Binance hack, demonstrating stablecoin issuers' ability to restrict stolen cryptocurrency movement. However, blockchain transaction analysis examined by TokenPost reveals a potential discrepancy in the company's response timeline. A major 1.615 billion USDT transfer occurred on Ethereum at 20:24:23 UTC on October 29, with the first significant freeze at the receiving address occurring at 21:01
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USDT+0.00%
ETH-1.93%
08:53
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Polymarket Launches Anthropic Perpetual Futures With 10x Leverage on October 29

According to FinanceFeeds, on October 29, 2026, at 16:00 UTC, Polymarket launched ANTHROPIC-USD perpetual futures, enabling 24/7 trading with leverage up to 10x. The contract settles in pUSD and uses Hyperliquid's io market as its reference price. Unlike conventional futures, perpetual contracts have no fixed expiration and allow traders to maintain long or short positions as long as margin requirements are met. However, leverage amplifies both gains and losses, increasing liquidation risk. The
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08:51
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BlackRock's IBIT Loses $405.3 Million in Largest Single-Day Outflow Since June

According to Farside Investors, BlackRock's iShares Bitcoin Trust (IBIT) recorded $405.3 million in net outflows on November 2, marking the fund's largest single-day exodus since June. The withdrawal came as the overall US spot Bitcoin ETF market experienced approximately $1.04 billion in net outflows across two consecutive trading sessions. Bitcoin declined roughly 2% over the past 24 hours, trading near $76,600 and approaching the $76,500 support level. The combination of substantial ETF outfl
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08:45
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Analysts Trace Seven-Month Fund Chain Linking April XPL Crash to November 1 Token Manipulation

According to TradingBeats on November 3, analysts traced a seven-month fund chain connecting the April XPL crash to the November 1 token clearing operation. By tracking addresses across multiple months, geographies, and blockchains, researchers identified highly overlapping fund flows between the April manipulation team and the November 1 liquidation members, with one transaction chain already traced back to the April operators. TradingBeats noted that this group typically exhibits cross-period
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XPL-8.79%
08:44
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Japanese Capital Returns to Yen Assets as BOJ Raises Rates to 1.25%

According to Okubo Takuji, managing director at Yen Macro Research, writing in Nikkei Asia on November 3, Japanese capital accumulated overseas over the past 15 years is returning to domestic yen assets following the Bank of Japan's rate hikes. The BOJ raised its policy rate to 1.25% in September, w
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08:43
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ByteDance's Seedance Hits 50% Overseas Revenue, Grows 5x in Six Months

According to ChainCatcher and sources close to Volcano Engine, ByteDance's Seedance video generation model has reached 50% international revenue share in recent months, with overseas revenue growing nearly 5 times over the past six months. In August, the Motion Picture Association and ByteDance
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08:37
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Bitcoin Price Forecasts Split by U.S. Midterm Outcomes: 90,800 vs 76,450 USD

According to Bloomberg's Market Pulse survey on November 3, Bitcoin year-end price forecasts vary significantly based on U.S. midterm election outcomes. If Republicans maintain control of both chambers, the median forecast is $90,800; if Democrats sweep, it drops to $76,450; if power is split, the m
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08:34
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Network Liquidations Hit $379M in 24 Hours, With Long Positions Accounting for $340M

According to Coinglass data cited by ChainCatcher, network-wide liquidations reached $379 million in the past 24 hours, with long positions liquidated for $340 million and short positions for $39 million. Bitcoin saw long liquidations of $91.95 million and short liquidations of $6.77 million. Ethereum recorded long liquidations of $37.60 million and short liquidations of $10.69 million.