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
05:13
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Russia's Humanitarian Ceasefire in Oleshky Ends After Six Days

According to Russian Human Rights Commissioner Yana Lantratova, the 'silence regime' in Oleshky ended on November 1, following its six-day validity period from October 27 to November 1. Lantratova stated that both Russia and Ukraine adhered to all obligations during the ceasefire, enabling
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05:12
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Binance Hack Account Transfers 40M XRP ($50.5M) to Unknown Wallet

According to Whale Alert, 40 million XRP valued at approximately $50.5 million was transferred from the Binance hack account to an unknown wallet recently. The transaction was flagged by the blockchain monitoring service, which tracks large cryptocurrency movements across
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XRP+0.12%
05:01
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Paradigm Unstakes 2.55M HYPE Worth $224M Over Past Two Days

According to Odaily, Paradigm unstaked 2.55 million HYPE tokens worth approximately $224 million over the past two days through 15 different wallets. This represents 17.85% of its total 14.26 million HYPE staked on Hypercore, valued at approximately $1.26 billion. Monitoring data indicates Paradigm
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HYPE-0.31%
05:01
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RUNE Drops to $0.504, Down 20.22% in 24 Hours

According to Odaily, RUNE (THORChain) dropped to $0.504 in the past 24 hours, down 20.22% to a low of $0.497. The decline follows reports that U.S. law enforcement agencies including the FBI, Secret Service, and IRS-CI called on THORNode operators, RPC nodes, and DeFi service providers to block related transactions following a recent security incident.
RUNE-21.86%
04:55
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Copper Rebounds to $14,500 as Tech Selloffs Ease and Oil Falls on Monday

According to Jin10, copper prices rebounded on Monday (Nov. 2) as tech stock selloffs eased and oil prices fell, with prices trading near $14,500 per ton. The bounce came after three consecutive weeks of losses, driven by recovering risk appetite across Asian equity markets and declining crude prices. Copper supply constraints continue to provide support for prices. Chile's copper production fell to a 20-year low last quarter, with only modest recovery expected next year, according to analysis f
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04:55
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STT GDC Seeks $2.42 Billion Syndicated Loan for Post-Acquisition Asset Financing

According to Bloomberg, Singapore-based data center operator STT GDC is in talks with banks today (November 2) for a S$3.1 billion (US$2.42 billion) syndicated loan. Standard Chartered and DBS are among the arranging banks for the proposed three-year facility, which could be extended by up to two years. The proceeds will finance STT GDC assets following its acquisition in September by a consortium led by KKR and Singtel.
04:53
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Goldman Sachs Forecasts Democrats' House Majority Odds Exceed 90% on Nov 2; Fiscal Deadlines and Tariff Policy to Drive Legislative Battle

According to Goldman Sachs on November 2, Democrats have a greater than 90% probability of winning the U.S. House majority in the midterm elections, with Senate control remaining uncertain. The bank forecasts that fiscal deadlines—including the expiration of spending authorization on December 11 and the 2027 debt ceiling—will become key legislative battlegrounds if Democrats gain the House. Goldman expects Democrats may leverage government shutdown risks or debt ceiling crises to secure policy c
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04:52
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Tech Giants' 2026 AI Capex Hits $800B, First Time Exceeding Operating Cash Flow

According to Columbia Business School scholar Stijn Van Nieuwerburgh, the five major technology companies—Microsoft, Amazon, Meta, Oracle, and Alphabet—are projected to spend approximately $800 billion on capital expenditures in 2026, exceeding their combined operating cash flow of around $707 billion. This marks the first time capex surpasses operating cash flow, requiring companies to rely on borrowing and cost-cutting measures to bridge the gap. Despite rising financial pressure, the tech gia
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04:31
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Citi Forecasts South Korea's Current Account Surplus to Hit 22.8% of GDP by 2028, Won to Appreciate to 1,270 vs USD

According to Citi economist Jin-Wook Kim on November 2, South Korea's current account surplus is set to expand structurally, driven by continued chip export growth and robust merchandise trade, supporting further won appreciation. Citi projects the current account surplus will average 22.8% of GDP from 2026 to 2028, a significant increase from 4.2% during 2016-2025. Citi forecasts the USD-KRW exchange rate will decline to 1,300 within three months and further to 1,270 over the next 6-12 months.
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