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
09:31
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CZ Hopes Musk Shows Support for Binance Hack, Highlights $1B+ SPCX Investment Gains

According to Odaily 星球日报, Changpeng Zhao (CZ) recently responded to Elon Musk on his tepid reaction to the Binance security incident. CZ stated: "I respect you greatly, but now is not the time for jokes. Our SPCX shares from our $500 million investment in your Twitter acquisition are now worth over $1 billion. I would be grateful if you could show a bit of support." Musk had reacted to the Binance hack with an uncomfortable emoji (😬), typically conveying negative sentiment and subtle skepticism.
09:16
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Dream, Founded by Ex-Palantir Team, Announces $17M Seed Round Led by a16z

According to TNW, San Francisco-based AI architecture startup Dream announced a $17 million seed funding round, with backers including Andreessen Horowitz, SV Angel, XYZ, and Zigg Capital. The company was co-founded by Andy Elder and Arjun Mathur, both former Palantir employees with roughly a
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09:13
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Hedge Funds Shift Short Strategy to Index Tools as Tech Stocks Fall 8% in October

According to Bloomberg strategist Simon White, hedge funds reduced individual stock short positions in October and shifted to index-level hedging using tools like QQQ, as technology stocks declined approximately 8% during the month. Goldman Sachs data shows that as of May, hedge funds' macro short positions in U.S. equity products including indices and ETFs reached a decade-high, with QQQ short holdings surging over the past two weeks. This strategic shift from stock-level to index-level shortin
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09:07
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Longi Green Energy Reports Q3 Loss of 1.029 Billion Yuan, Revenue Down 7.08%

According to Longi Green Energy's third-quarter announcement on October 30, the company posted Q3 operating revenue of 16.819 billion yuan, down 7.08% year-over-year, with a net loss attributable to shareholders of 1.029 billion yuan and basic earnings per share of -0.13 yuan. For the first nine months of 2026, accumulated revenue fell 13.85% to 43.864 billion yuan, with cumulative net loss of 4.713 billion yuan and earnings per share of -0.62 yuan. The company attributed the losses primarily to
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