Gate Crypto Flash News and Market Updates

According to The Block citing News1, South Korea's ruling Democratic Party leader Kim Min-seok proposed delaying the cryptocurrency income tax on November 4, which was originally set to take effect on January 1, 2027.
Kim stated during a party meeting that South Korea should first establish a

According to Coinglass data, Binance received $2.086 billion in USDT net inflows in the past 24 hours.

According to PANews, a wallet created three months ago withdrew 69.125 million PONS tokens ($13.97 million) and 5,887 ETH ($13.45 million) from OKX over the past 12 hours, as monitored by Lookonchain.

Intraday, the US Dollar Index (DXY) dropped 0.50% to 101.34. USD/JPY also declined 0.50%, trading at 157.87.

According to ChainCatcher citing Bitcoin.com and newhedge.io data, Bitcoin miners generated $1.215 billion in revenue during October, marking the highest monthly income in 11 months. This occurred despite Bitcoin's 7.3% price decline that month.

According to DDHQ, Jamie Ager is predicted to win the U.S. House seat for North Carolina on November 4, 2026.

According to SK Telecom, the company reported on November 4 that its third-quarter 2026 revenue rose 13.1% year-on-year to 4.5 trillion won (US$3.35 billion). Consolidated operating income reached 552.3 billion won (US$412 million), while net income came to 411.8 billion won (US$307 million).
SK Te

According to CEO Mati Staniszewski, ElevenLabs' valuation doubled to $22 billion in September through employee secondary share sales, up from $11 billion in February. The company completed $300 million in transactions to allow employee liquidity. Staniszewski stated the company aims to be ready

According to Lookonchain data monitored by PANews, trader James Wynn (@JamesWynnReal) returned to trading on November 4 following a liquidation five days prior, opening a 40x leveraged short position on 1.256 BTC (approximately $96,000) with a liquidation price

According to The Block, Ark Invest bought 12,835 shares of Circle Internet Group worth approximately $965,000 on Tuesday, while selling 37,754 shares of Bullish valued at around $867,000.

According to Decision Desk HQ (DDHQ), Roy Cooper defeated Republican challenger Michael Whatley to win the North Carolina Senate seat on November 4.

China's central bank conducted a 257.5 billion yuan overnight reverse repurchase operation at a rate of 1.25% today. The People's Bank of China's open market operations saw a net withdrawal of 514.5 billion yuan on November 4.