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
05:04
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McDonald's Reports Q3 Earnings Wednesday; Analysts Expect $3.38 EPS, 0.5% Same-Store Sales Decline

According to LSEG-surveyed analysts, McDonald's is expected to report third-quarter earnings before the bell on Wednesday. Wall Street is forecasting earnings per share of $3.38 and revenue of $7.29 billion. Analysts anticipate the company's U.S. same-store sales declined 0.5% in the quarter, reflecting ongoing challenges in its home market. Investors will also monitor executive commentary on fourth-quarter trends, as restaurant industry traffic softened in October according to recent guidance f
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05:02
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Kim Yo-jong Issues Second Statement Denying North Korea Role in $6.3B Binance Hack

According to COINOTAG, on November 4, Kim Yo-jong, sister of North Korean leader Kim Jong Un and a senior Workers' Party official, released a second statement rejecting US accusations that Pyongyang carried out the theft of approximately $6.3 billion in crypto assets from Binance. The statement was released through North Korean official channels.
04:41
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China's Domestic LPG Prices Fall to 8,078 Yuan/Ton on November 3, Down 26 Yuan/Ton

According to Jin10 Futures, China's domestic LPG prices fell to 8,078 yuan/ton on November 3, down 26 yuan/ton from late October. The decline reflects cooling international oil prices and reduced demand from third-tier distribution stations, as terminal profit margins compressed. However, domestic supply remains constrained and port arrivals are expected to tighten further in mid-to-late November, supporting price resilience in the near term despite downward pressure.
04:37
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SK Hynix's $45B New York Chip Plant Stalled Over U.S. Export License to China

According to Reuters, SK Hynix's application for a U.S. export license to expand its Dalian factory remains unapproved since late August, delaying the company's plan to finance a $45 billion chip manufacturing facility in Massena, New York. The company sought the license to add equipment for advanced NAND chip production, which it argued would support its U.S. investment. Solidigm, SK Hynix's subsidiary, has met with U.S. Commerce Department officials nearly 10 times to seek approval, including
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04:37
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President Lee Refutes Gangnam-Only Report on Seoul Housing Decline, Data Shows Regional Disparity on Nov 4

According to Yonhap Infomax, President Lee Jae-myung on November 4 refuted media reports claiming his Seoul housing comments applied only to Gangnam, emphasizing he specifically mentioned major districts including Gangnam, Seocho, and Songpa. Data from Korea Real Estate Board for the week of October 22-28 showed Gangnam, Seocho, and Songpa districts declined 0.38%, 0.35%, and 0.22% respectively, while Seoul overall rose 0.09%, highlighting regional divergence.
04:37
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Chicago Corn Futures Hit Four-Month Low on November 3, Down 0.9% as U.S. Supply Tightens and Black Sea Peace Talks Loom

Chicago corn futures declined 0.9% on November 3, hitting their lowest level since early July, pressured by ample U.S. supply and prospects of peace talks in the Black Sea region. According to reports, StoneX Group raised its forecast for U.S. corn yield and production, lifting the corn output estimate from 16.115 billion bushels to 16.203 billion bushels. Hightower Report attributed part of the weakness to upcoming three-way peace negotiations between Ukraine, Russia, and the U.S. scheduled for
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