Gate Crypto Flash News and Market Updates

According to BlockBeats and TradingBeats, on November 2, data tracking revealed a fund linkage spanning seven months between the April XPL crash and trading activities on November 1. Five addresses involved in the April XPL flash crash deposited approximately $1.256

UK 10-year government bond yields declined 5 basis points to 5.23% early November, marking the lowest level since September 23.

According to Guru Club, the U.S. Dollar Index fell to 101.442 today, marking a one-month low.

According to Truist Chief Market Strategist Lerner, the S&P 500 technology sector declined 4.2% last week, part of a broader selloff that saw the Nasdaq 100 drop 3.4% and the S&P 500 fall 1.8%. Historical data shows the tech sector has experienced six corrections exceeding 10% since 2023, with

According to Jin10 Futures, as of Nov 2, viscose staple fiber weekly average price rose 86 yuan/ton (approximately $12.2/ton) week-on-week, with market mainstream pricing in the 14,800-15,100 yuan/ton range. Polyester staple fiber also gained, rising 139 yuan/ton week-on-week, as crude oil

Zhengzhou cotton futures fell 555 yuan/ton this week, pressured by rising supply and weak downstream demand. U.S. cotton harvest is progressing rapidly, releasing new supply, while ICE cotton futures declined 2.37 cents per pound. Domestically, as Xinjiang harvest nears completion, seed cotton sales and processing are accelerating supply. However, downstream textile demand remains weak, with mills reducing purchases. Cotton spot prices for 3128-grade fell 482 yuan/ton over the same period.

Chinese Foreign Affairs Chief Wang Yi met today (November 2) with Baghaei, Vice Secretary of Iran's Supreme National Security Council, in Beijing.

According to Rayls' official X account, the project burned over 10 million RLS tokens on October 31, bringing the cumulative burn total to 68.6 million RLS. The burn was announced through the project's official social media channel.

According to Iran's Foreign Ministry spokesman Baghaei on November 2, Iran's demands in ongoing negotiations are that the United States fulfill commitments it made in the Islamabad Accord but subsequently violated. The Foreign Ministry called on the U.S. to lift all sanctions imposed under the

According to ChainCatcher, citing Rootdata market data, chip stocks rose broadly in U.S. premarket trading on November 2. Marvell Technology (MRVL.O) gained 2.9% and Arm Holdings (ARM.O) rose 2.7%, leading the semiconductor sector

According to Gate data, AI-related stocks strengthened in U.S. premarket trading on November 2, with SpaceX rising 3%, Nvidia up 1.4%, and Micron advancing 2.6%.

According to RootData, STEPN's GMT token will unlock approximately 55.31 million tokens worth roughly $2.43 million on November 9 at 8:00 AM Beijing time.

According to Chris Williamson, chief business economist at S&P Global Market Intelligence, Eurozone manufacturing PMI data remained robust today (November 2), extending the sector's best growth phase in over four years. The region has maintained continuous expansion since February,

According to The Economic Times on November 2, India's Reserve Bank and Financial Intelligence Unit-India are scrutinizing offshore cryptocurrency payment cards linked to Visa and Mastercard, including RedotPay, over potential regulatory violations.
Authorities are examining whether these prepaid c

According to its earnings call on November 1, Alliant Energy expects to secure approximately 1 GW of additional power contracts over the next six months, with cumulative data center electricity demand from signed contracts reaching 3.4 GW. The company raised its

According to Jin10, Naibpu Mining Machinery announced on November 2 that its Peru production facility has entered the equipment installation phase and is expected to commence operations in the second half of 2027. The company said current production capacity is sufficient to meet existing orders. Ma

Grok Bot users recently reported sharp consumption of weekly usage quotas, with some accounts dropping from 44% to 87% in 24 minutes or reaching 100% overnight without running tasks. Some users suspect the platform reduced allocations mid-cycle by roughly half. In response to requests for quota resets, Elon Musk stated: "The cost of providing Grok Bot service is now high enough relative to revenue that it is difficult to sustain."

According to on-chain analyst Axel Adler Jr., Bitcoin's 30-day average active addresses stood at 629,000 as of November 1, down 43% from December 2024's peak of 1.1 million. The metric is currently about 10% below the yearly average of 702,000. Daily Bitcoin transfer volume remains robust at

According to Iran's Foreign Ministry spokesman Baghaei, speaking on Monday, the U.S. midterm elections will not result in a fundamentally different America, regardless of the outcome. Baghaei emphasized that Iran's priority remains safeguarding national security and interests, and that Tehran will m

According to NICE Credit Ratings, K Bank received an AA+/stable corporate credit rating on November 2. NICE indicated it would consider an upgrade if the bank's return on assets (ROA) sustainably exceeds 1.0%, supported by expanded business operations.
K Bank's ROA stood at 0.4% in the first half o