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
21:01
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Nasdaq China Gold Dragon Index Rises 2.2%, JinkoSolar Gains 9.1%

The Nasdaq-100 China Gold Dragon Index rose 2.2% today. Among major Chinese tech stocks, JinkoSolar surged 9.1%, followed by Bilibili up 6.66%, XPeng and Xiaomi each up 6.2%, Pinduoduo up 4%, Alibaba up 3.6%, and Tencent up 2.9%. Other gainers included Yum China, BYD, Meituan, JD.com, and Lenovo, ea
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21:01
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U.S. Senators Demand Kalshi, Polymarket Explain Election Market Safeguards Amid $143M Insider Trading Findings

According to Business Insider, on October 28, U.S. Democratic Senator Elizabeth Warren and Republican Senator John Curtis sent letters to Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Copeland demanding they explain how the platforms prevent election contract manipulation and insider trading. The senators questioned whether the platforms adequately restrict candidates, campaign staff, and officials with non-public information from trading on election-related contracts. Researchers found tha
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20:49
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Swiss Franc Rallies Over 0.8% Against Dollar; USD/JPY, EUR/JPY Rise

On Monday (November 2), during New York close, USD/CHF fell 0.85%, with the Swiss franc rallying over 0.8% against the dollar. USD/JPY rose 0.19% to 157.86 yen, trading within a range of 157.46-158.00 yen. EUR/JPY surged 0.55% to 176.76 yen, hitting a daily high of 177.26 yen earlier. GBP/JPY
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20:44
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El Niño May Push U.S. PCE Inflation Up 1% in 2027 if La Niña Emerges, SF Fed Study Shows

According to a Federal Reserve Bank of San Francisco research report released on November 3, elevated El Niño conditions are expected to increase U.S. food and core services prices, with potential inflation impacts extending into 2027. The study estimates that El Niño has already raised personal consumption expenditures (PCE) price levels by approximately 0.3 percentage points between April and July 2026, though this effect is expected to fade by year-end. If conditions transition to La Niña in
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20:41
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U.S. Voters Head to Polls Tomorrow to Vote on Digital Asset Regulations

According to a widely shared post highlighted by Hedera, U.S. voters head to the polls tomorrow (November 3) to vote on digital asset leadership and regulatory direction. The election outcome could determine the clarity and future framework of regulations governing digital assets in the U.S., with c
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HBAR-2.76%
20:31
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Frax and DefiLlama Launch Verification Tool for frxUSD Backing Today

According to DefiLlama, Frax Finance and DefiLlama have launched a verification page today that tracks the backing of frxUSD, displaying both on-chain and off-chain assets. The tool aims to enhance transparency in decentralized finance and reinforce investor confidence in digital asset verification
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20:24
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Iran's IRGC Captures Two U.S. MQM-170 Drones, Downs MQ-9 on Nov. 3

According to Jin10, Iran's Islamic Revolutionary Guard Corps captured two U.S. MQM-170 reconnaissance drones using electronic warfare systems near Qeshm Island on Nov. 3, bringing the total number of captured drones of this type to four. The IRGC also reported downing an MQ-9 drone over the Strait of Hormuz, with cumulative shootdowns of this model reaching 55 aircraft.
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