Gate Crypto Flash News and Market Updates

Taiwan's foreign exchange reserves declined to $596.44 billion in October, down from $600.75 billion in September. The monthly decrease of $4.31 billion marks a 0.72% decline from the previous month.

According to ChainCatcher, Foxconn reported October revenue of 1.31 trillion Taiwan dollars (approximately $39.7 billion) in October, up 46% year-over-year. Cloud computing and networking businesses drove the growth, fueled by strong demand for AI

According to IT之家's on-site coverage on November 5, Huawei released the Qingyun HM650 series, its first Hongmeng desktop computer, at the 2026 Hongmeng Office Industry Summit in Wuhan. The product achieved 100% localization certification, features Qualcomm Kirin X90 chip, and delivers 15%

According to Jin10, on November 5, Israeli Prime Minister Benjamin Netanyahu posted on social media attacking Arab-minority political parties, calling them supporters of terrorism, and called for a government led by the Likud party and encompassing forces across all ethnic and Zionist political

According to BlockBeats, on November 5, South Korea's KOSPI and KOSDAQ indices both triggered circuit breakers after falling 5.5% and 5.11% respectively, amid concerns over potential data center regulation tightening following U.S. midterm election results.
Semiconductor stocks led declines, with S

According to The Verge, a post-midterm election survey by NBC News found that 76% of voters oppose data center construction in their communities. Across the nation, 45 local referendums involved data center development; as of November 4, 33 voting results supported restrictions on data center

According to Yonhap Infomax, Netmarble reported Q3 revenue of 634.7 billion Korean won on November 5, down 8.8% year-over-year, with operating profit declining 44.6% to 50.4 billion Korean won. The results missed analyst expectations, which had forecast Q3 revenue of 717.7 billion Korean won and ope

According to Jin10, Hong Kong's Hang Seng Index surged 3.67% to close at 24,796.98 points on November 5, while the Hang Seng Tech Index rose 5.55% to 4,154.29 points. The market saw significant volume expansion, with trading turnover reaching 356.67

According to Citigroup, the bank expects gold prices to reach $4,500 per ounce within 0 to 3 months, and $5,000 per ounce within 6 to 12 months. Meanwhile, Goldman Sachs noted that U.S. midterm election results could accelerate capital expenditure growth among technology companies into 2027.

According to @WuBlockchain, Polygon Labs proposed a hard fork on the Polygon PoS mainnet on November 5 to recover approximately 70.49 million POL tokens stolen during recent hacks involving Polymarket and Binance. The proposal, which will be discussed during today's Polygon Protocol Governance

According to WuBlockchain, Fidelity's spot Bitcoin ETF (FBTC) recorded $237 million in inflows on November 4, while U.S. spot Bitcoin ETFs captured $74.57 million in net inflows overall. Spot Ether ETFs also turned positive with $53.02 million in inflows, signaling a shift in institutional

According to @WuBlockchain, French banking group Crédit Mutuel Arkéa disclosed on November 4 that it suffered a cyberattack involving approximately $133 million. The attackers accessed the bank's systems via a third-party provider and transferred the funds to other institutions, with reports

According to SolanaFloor, House Democrats are preparing to introduce a crypto market structure bill in the next Congress that would expand SEC oversight of digital assets while reducing the CFTC's regulatory role. The proposed legislation also includes restrictions on crypto activities by federal of

According to Jin10, on November 5, European natural gas futures fell for a fourth consecutive trading day as markets bet that a Democratic sweep in U.S. midterm elections could accelerate Middle East conflict resolution, with prices down 18% week-to-date. The Middle East conflict has removed roughly one-fifth of global liquefied natural gas exports from the market, leaving Europe's winter gas stockpiles at abnormally low levels. European and Asian natural gas prices have surged to their highest

According to Saudi Civil Defense, alert systems in Shurura were reactivated today, minutes after the city's previous warning alert was lifted.

Beike announced progress on two protection initiatives for real estate service professionals. As of October 31, the company has cumulatively distributed 13.54 million yuan in health protection funds to 304 service

According to Guru Club, Binance CEO He Yi confirmed on November 4 that the exchange previously dismissed an employee for downloading iQIYI on a work computer. In response to discussions about Binance's security and internal device management, He Yi stated: "It was Binance that fired the employee for

On November 3, the People's Bank of China and Bank Indonesia held a joint working mechanism conference. Deputy Governors Xuanchang Xuanchang and Thomas Giwan Donoto attended, and both sides exchanged views on cooperation progress and priorities for bilateral financial

According to Yonhapinfomax, Mirae Asset Group announced executive changes on November 5, appointing Noh Yong-woo as new CEO of DigitalX (formerly Korbit) and Woo Shin-je, a managing director at Mirae Asset Management, as new CEO of Energy Infrastructure Asset Management. The appointments are part of

According to Jin10 Futures, the CNEX market-wide sentiment index fell to 50 as of 4 p.m. on November 5, down 1 point from 2:30 p.m. Large banks, mid-sized banks, and non-bank institutions reported sentiment indices of 47, 50, and 52 respectively, each declining 1 point. The index ranges from 0 to 10