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.
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06:52
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Wall Street Eyes Two-Digit S&P 500 Correction to 6800 Following Democratic Midterm Sweep

Following the Democratic sweep in U.S. midterm elections on November 3, Wall Street is repositioning across equities as the market had not fully priced in the outcome. JPMorgan Chase estimates the S&P 500 may dip 0.5% in the near term, while BTIG's chief strategist notes the index typically sees a 14% correction in midterm election years—a move that has not yet occurred, raising risks of post-election pullback. According to multiple analysts, four sectors face critical repricing: technology stoc
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06:40
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Societe Generale Accepts $10M Tokenized US Treasuries on Canton Network

According to ChainCatcher, Societe Generale's prime brokerage and clearing division has completed a transaction accepting $10 million in tokenized U.S. Treasury securities as qualified collateral on the Canton network. The assets were generated through the trial phase of the DTCC's tokenization
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06:37
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Japan's Nikkei 225 Falls 1.42%, South Korea's KOSPI Rises 0.62% on Nov 4

According to Bitget trading data, on November 4, Japan's Nikkei 225 index fell 1.42% to close at 62,188.63 points, while South Korea's KOSPI index rose 0.62% to 5,683.67 points following an intraday rebound. Individual stocks showed mixed results: SK Hynix declined 0.14% after falling 6% during
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