Gate Crypto Flash News and Market Updates

According to CoinDesk, multiple candidates backed by the crypto industry were leading in preliminary U.S. House election results as of 8:20 p.m. ET on November 3, including New Jersey's Josh Gottheimer and Rob Menendez; Georgia's Lucy McBath and Brian Jack; Amanda Hollowell and Clay Fuller; and

According to RatingDog, China's services sector PMI declined to 50.8 in October from 51.6 in the previous month.

According to TenArmorAlert, InsurancePool and CoreVault contracts on Binance Smart Chain were subject to suspicious attacks today (November 4), resulting in losses of approximately $112,300.

According to The Block citing News1, South Korea's ruling Democratic Party leader Kim Min-seok proposed delaying the cryptocurrency income tax on November 4, which was originally set to take effect on January 1, 2027.
Kim stated during a party meeting that South Korea should first establish a

According to Coinglass data, Binance received $2.086 billion in USDT net inflows in the past 24 hours.

According to PANews, a wallet created three months ago withdrew 69.125 million PONS tokens ($13.97 million) and 5,887 ETH ($13.45 million) from OKX over the past 12 hours, as monitored by Lookonchain.

Intraday, the US Dollar Index (DXY) dropped 0.50% to 101.34. USD/JPY also declined 0.50%, trading at 157.87.

According to ChainCatcher citing Bitcoin.com and newhedge.io data, Bitcoin miners generated $1.215 billion in revenue during October, marking the highest monthly income in 11 months. This occurred despite Bitcoin's 7.3% price decline that month.

According to DDHQ, Jamie Ager is predicted to win the U.S. House seat for North Carolina on November 4, 2026.

According to SK Telecom, the company reported on November 4 that its third-quarter 2026 revenue rose 13.1% year-on-year to 4.5 trillion won (US$3.35 billion). Consolidated operating income reached 552.3 billion won (US$412 million), while net income came to 411.8 billion won (US$307 million).
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