Gate Crypto Flash News and Market Updates

China's major oil companies traded lower today (November 3). PetroChina (00857.HK) fell over 5%, while China National Offshore Oil Corporation (00883.HK) and China Petrochemical Corporation (00386.HK) each declined over 4%.

According to CNBC on November 2, the S&P 500 declined approximately 2% over the past 30 days—its worst week since June—while the VIX (Chicago Board Options Exchange Volatility Index) rose only moderately to 19.4 after briefly touching its highest level since April. Analysts note the muted VIX response is atypical; historical analysis of 126 major selloffs since 2018 suggests the index should have climbed further. Asset managers reduced risk exposure by directly selling equities rather than purch

According to Boris Hoffmann, head of monetary policy at the Bank for International Settlements (BIS), and Matthias Caldorf, chief economist at Germany's Deutsche Bundesbank, researchers published findings on November 2 analyzing the macroeconomic impact of large-scale dollar stablecoin issuance. If stablecoin supply reaches $2 trillion, U.S. Treasury yields would decline approximately 25 basis points due to increased demand from stablecoin reserve assets, while commercial banks would raise depos

According to Goldman Sachs on November 3, if Middle East oil production disruptions persist, Brent crude prices could average $130 per barrel in 2027. The bank projects that if oil output remains 3.5 million barrels per day below 2025 average levels, Brent crude could reach $140 per barrel with

According to The Block, Ark Invest bought $3.4 million worth of Coinbase shares, $2.6 million of Circle shares, and $645,820 of Robinhood shares on November 3. The fund also sold $2.3 million of Bullish shares, which fell 5.6% that

SC crude oil futures main contract fell 8% intraday today, trading at 685.40 yuan per barrel as of the latest quote.

According to on-chain investigator ZachXBT, on November 2, more than $106 million in digital assets stolen from an unnamed European Union organization was traced through centralized exchange custody, across the Ethereum blockchain, and into the Monero

According to Odaily, Unitree Technology founder Wang Xingxing announced today (November 3) at the World Internet Conference in Wuzhen that the company will prioritize developing robot brain technology. Beyond its internal research efforts, Unitree will seek collaborations globally and is committed t

According to its earnings call on Monday, November 2, Apple acknowledged that iPhone Duo foldable phones face delivery delays, with no clear timeline for when supply shortages will ease. Operating Chief Sabih Khan stated that demand significantly exceeds production capacity and the company is

As of 09:30 Beijing time on November 3, New York gold futures declined 0.08 percent, silver futures fell 0.83 percent, and copper futures dropped 0.57 percent.

According to ING Bank analysis, the Bank of England is expected to raise rates by 25bp on November 5, with market pricing in potential additional hikes through early 2027 as surging energy prices reignite inflation pressures. ING noted in a November 2 report that deepening energy crisis leaves BOE w

According to Yahoo Finance, Elon Musk posted on X on November 1 that Grok's operational costs are unsustainably high relative to revenue. In response to a user complaint about rapid Grok usage depletion, Musk indicated the service's cost structure requires restructuring. SpaceX shares rose 1.22% on

According to Yonhap Infomax, excessive bid-ask spreads have distorted exchange rate data in Seoul's forex market since September, with quotes diverging by as much as 167 won. On November 2, spreads of 80 won were recorded in early morning trading, causing cross-rate calculations using the won-yen ex

According to Iran's President on November 3, the Supreme Leader has authorized the government to engage in negotiations. Oil prices declined following the statement.

According to Jin10 Futures and JLC (Jin Lian Chuang) on November 3, the reference crude oil price averaged $106.65 per barrel with a change rate of 0.28%, suggesting a potential increase of 20 yuan per ton in domestic gasoline and diesel retail prices. China's previous fuel price adjustment on

The People's Bank of China conducted 621 billion yuan of overnight reverse repurchase operations in the open market today at an operating rate of 1.25%.

According to market analyst StreetSignal, SpaceX's planned expansion of AI computing capacity could consume approximately $400 billion in Nvidia hardware purchases by end-2027, potentially exceeding Nvidia's projected total revenue growth of $292 billion for fiscal 2028. StreetSignal estimates

According to Uniswap, the decentralized exchange has officially launched the VolatilePair Hook on Robinhood Chain, a feature designed to enhance liquidity provisioning for liquidity providers. The hook dynamically adjusts trading fees based on market conditions. The first liquidity pool utilizing th

According to Arthur Hayes on November 3, dollar liquidity is reaccumulating. The cryptocurrency analyst predicted Bitcoin will trade weaker before the Federal Reserve and/or banks begin expanding their balance

According to COINOTAG, XRP traded at $1.25 on Tuesday Nov 3, down 0.49% from Monday's close and off roughly 65.8% from its July 2025 record high of $3.65. The token has declined approximately 16% over the past