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
03:02
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Gnosis's Rollup X Demo Cuts ETH Cross-Network Gas Costs 91% on November 4

According to COINOTAG, Rollup X, a testnet developed by Gnosis and ZisK under the Ethereum Economic Zone initiative, demonstrated on November 4 at Devcon 8 in Mumbai that it reduces Ethereum cross-network gas costs by 91%. The project remains at testnet stage, with mainnet integration pending independent audits and further development.
ETH+0.14%
03:01
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Solana Spot ETFs See $25.076M Net Outflows Overnight, BSOL Leads Declines

According to SoSoValue, Solana spot ETFs recorded net outflows of $25.076 million on November 6 (U.S. Eastern Time). Bitwise Solana Staking ETF (BSOL) led the declines with $14.442 million in single-day outflows, bringing its historical cumulative net inflows to $1.109 billion.
Grayscale Solana
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SOL-0.11%
03:00
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Leopold's Situational Awareness Fund Liquidation Rumors Unconfirmed; Q3 Holdings Report Due November 16

According to Leopold Stock Tracker, rumors of Situational Awareness Fund—created by "AI investor" Leopold Aschenbrenner—liquidating remain unconfirmed. However, the fund's second-quarter disclosed positions have declined significantly: SanDisk fell 63%, Micron dropped 41%, Core Scientific fell 56%, Nebius declined 54%, CoreWeave fell 55%, and Bloom Energy decreased 43%. The fund's third-quarter 13F SEC filing is expected to be released on November 16, disclosing U.S. equity holdings as of Septem
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02:53
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U.S. Data Center Project Cancellations Surge to Highest Q3 Level Since 2024, at Least 17 Halted

According to Programs, a data analytics site, at least 17 U.S. data center projects were canceled in the third quarter, marking the highest quarterly total since 2024. The cancellations were primarily driven by local resident opposition, accounting for roughly half of the 69 projects shelved throughout 2024 and beyond. As of November 4, an additional 4 projects were halted in October alone, bringing the year-to-date cancellation pace close to full-year 2025 levels.
02:49
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Microsoft Winds Down Oracle AI Computing Capacity Deal

According to Bloomberg, on November 6, Microsoft discontinued its 2023 agreement to rent AI computing capacity from Oracle after determining the hardware no longer met its specifications. Oracle's infrastructure relies on older-generation Nvidia chips that became incompatible with Microsoft's
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02:42
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Trump Announces Stephen Miller as White House Chief of Staff on November 6

According to Taiwan News, President Trump announced on November 6 that Stephen Miller, the White House Deputy Chief of Staff, will assume the role of Chief of Staff on November 9, replacing Susie Wiles. This marks the Trump administration's first major personnel reshuffle following the Republican
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02:37
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CFTC Orders Prediction Markets to Drop State Geoblocks in 30 Days

According to an order issued on Thursday, the Commodity Futures Trading Commission (CFTC) told federally registered prediction markets, known as designated contract markets (DCMs), that they must remove restrictions barring traders based on their state of residence within 30 days. DCMs that cannot c
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02:15
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FactSet Cuts Univac-KY Target Price to 580.5 TWD, Down 12.44% on Nov 6

According to FactSet's latest analyst survey, six analysts revised Univac-KY's (4991-TW) median target price downward by 12.44% to 580.5 TWD from 663 TWD on November 6. Five analysts hold a positive rating while one maintains a neutral stance. The target price range stands between 490 TWD and 710 TW
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02:14
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Binance Hackers Convert $124M Stolen Altcoins to Bitcoin on November 6

According to a blockchain forensics report published November 6, hackers linked to the $6.43 billion Binance theft converted $124 million worth of stolen altcoins to Bitcoin. The laundering effort now spans 16 blockchains, tracked through over 20,000 wallets and approximately 65,000 transactions,
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BTC-0.30%
02:03
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Hyperliquid Whales Hold $7.573 Billion, Long-to-Short Ratio at 0.84

According to Coinglass data, Hyperliquid whales currently hold $7.573 billion in positions as of November 7, with long positions accounting for 45.51% ($3.446 billion) and short positions at 54.49% ($4.126 billion). Long positions are unrealized down $6.55 million, while short positions are unrealized up $52.93 million.
HYPE+1.50%