Gate Crypto Flash News and Market Updates

According to ChainCatcher, cryptocurrency exchange Gemini reported third quarter results with revenue of $40.9 million, down 19% year-over-year, and net loss narrowing to $58.6 million from $160 million in the prior year. Trading volume declined sharply to $4.5 billion from $16.4 billion, a 73% year-over-year drop. Exchange business revenue fell 47% to $13.4 million due to the trading volume decline, while predictions market business emerged as a bright spot with $0.8 million in quarterly revenu

According to Bloomberg, SpaceX and Tesla have established independent committees to formally explore a merger that would combine the two companies into a $3.5 trillion entity, with an announcement potentially coming in December. Bank of America analyst Alexander Perry estimates that in a stock

According to Afghan government official sources reported by Xinhua News Agency, Afghanistan and Russia signed an economic cooperation memorandum of understanding totaling $103 million in Kabul on November 12. Afghan Deputy Spokesperson Hamdullah Fitrat stated that Russian Deputy Prime Minister

According to the U.S. Justice Department announced Thursday, North Korean hackers stole more than $400 million in cryptocurrency over the past 18 months using a social-engineering scheme called "FaceStealer." The operation combines secretly recorded webcam footage and AI-generated deepfakes to

According to Binance and HyperLiquid, overnight trading from November 12 to November 13 saw EWY, the exchange-traded fund tracking large-cap Korean stocks including Samsung Electronics and SK Hynix, gain 0.52%. Meanwhile, SK Hynix futures declined 0.21% on Binance during the same period, while Samsu

Trump son-in-law Jared Kushner held detailed and productive talks with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky over the past three days, according to his statements. The talks resulted in a confirmed prisoner-of-war exchange agreement between Russia and Ukraine. K

According to Decrypt, Strategy (MicroStrategy) will be removed from MSCI USA index after market close on November 30, following MSCI's new rules excluding non-operating companies that primarily hold financial assets. The decision will also affect MSCI World and MSCI All Country World indices but

According to Bitcoin News, South Korea's Financial Services Commission will issue a no-action letter allowing cryptocurrency exchanges to suspend deposits and withdrawals during suspected hacking incidents. The FSC cited the recent Binance security breach as evidence that rapid account freezes

According to Iran's official news agency IRNA, Sirik port in Iran's Hormuzgan province came under military attack on the night of November 12. The Iranian Foreign Ministry warned that any participation in military action against Iran will be considered hostile behavior.
Meanwhile, according to

According to Taiwan Stock Exchange statistics, foreign investors net sold NT$524.376 billion worth of Taiwan-listed stocks during the past week (November 2-6). The top three net sell-offs were: MediaTek (net sold 816,250 shares), Taiwan Semiconductor Manufacturing Company, or TSMC (net sold 814,080

According to Bloomberg, the U.S. Department of Justice announced on November 13 that it has frozen or secured approximately $2.7 billion in stolen Binance assets in coordination with two major stablecoin issuers, representing nearly half of the $6 billion-plus total stolen from the exchange.
The

On Thursday (Nov 12), spot gold fell 2.84% to $3,874.59 per ounce, dropping to $3,852.68 and approaching its lowest level since early October 2025. The metal has declined 6.4% over the past three trading days. Spot silver fell 3.26% to $49.99 per ounce, while COMEX copper futures dropped 1.64% to $6.1870 per pound. Global metal indices fell broadly, with the NYSE ARCA Gold Miners Index sliding 4.11% to 2,358.77 points.

According to Downdetector, Microsoft experienced large-scale cloud service outages early on November 13 Beijing time (Thursday U.S. Eastern time), affecting thousands of users across multiple regions. The disruptions impacted Microsoft 365 services and Outlook. Amazon Web Services (AWS) and Google a

According to COINOTAG data, Grayscale's GXRP fund recorded a $7.2 million outflow on Tuesday (November 11), marking the bulk of XRP-focused product exits for the session. Bitwise and 21Shares XRP funds showed no net movement. Over the week's first three trading sessions, XRP-focused products shed a

According to CNBC, Cerebras signed a new partnership agreement with Microsoft in October, with company executives announcing the collaboration during an analyst call today at 5 p.m. ET. The AI chip maker expects revenue from the partnership to materialize in the first quarter of 2027. CEO Andrew

According to Louisiana Attorney General Liz Murrill, the state filed lawsuits against Kalshi, Polymarket, Coinbase, Gemini, Crypto.com, and Robinhood on November 13, seeking immediate restraining orders and injunctions. The state alleges that the platforms' event contracts violate Louisiana

According to Bloomberg, the Japanese yen breached its trading range on Wednesday and fell below 160 yen on Thursday, marking renewed volatility after months of stability near 158 yen. The currency, one of the most traded globally with daily turnover around $1.6 trillion, has become increasingly difficult to trade as traditional signals like interest rate differentials prove unreliable amid Bank of Japan policy tightening, persistent capital outflows, and unprecedented intervention measures.

According to Google's official X post, Google released Gemini 4 Hydrogen on November 13, delivering 2.5x faster task completion than Gemini 3.8 Flash. The model ranks above Argon on the Artificial Analysis intelligence index and is now available on Gemini app, Google Search, Google AI Studio, and th

According to Bloomberg on November 13, prediction market platform Kalshi is in talks with investors for a new funding round at a valuation of approximately $65 billion. The company completed its previous funding round just weeks ago at a $40 billion valuation.

AI cloud computing company Nebius plans capital expenditures of up to $45 billion in 2027. The company intends to cover most of the spending through customer prepayments and contract-backed financing. The announcement comes as Microsoft's New Jersey data center project faces