Gate Crypto Flash News and Market Updates

France's October service sector PMI came in at 46.2, missing the consensus forecast of 48.4 and falling below the preliminary reading of 48.4.

According to BCDA Chief Joshua Bingcang on November 3, the legal framework for the proposed Pax Silica industrial hub in New Clark City has been submitted to Malacañang but no signing date has been set. The Philippines joined the US-led Pax Silica initiative in April to build more secure supply

According to Bitcoin Treasuries, Block Inc acquired 120 Bitcoin in Q3 2026, bringing its total holdings to 9,237 BTC. The company ranks 14th on the Bitcoin 100 list.

Italy's composite PMI for October came in at 50.8, meeting the expected figure but down from 51.0 in September.

According to Jin10, on November 4, the Democratic Party secured victories in six of seven competitive swing states in the midterm election, winning Texas, Kansas, Ohio, Iowa, Maine, and Michigan. The victories in Texas and Kansas are particularly significant—Texas has not elected a Democratic

According to investment banking sources, POSCO Future M received 450 billion won in orders for a 100 billion won unsecured corporate bond issuance on Nov 4. The 2-year tranche (400 billion won allocated) attracted 2.4 trillion won in bids (6x oversubscription), while the 3-year tranche (600 billion

On November 4, Databricks opened a 32,000 sq ft office at IOI Central Boulevard Towers in Singapore and announced a plan to invest more than $350 million over the next three years. The new office is 4 times the size of Databricks' previous Singapore location. The company plans to expand its local

According to PANews on November 4, Anthropic is developing FlashProve, an open-source system that uses cryptographic proof to verify which AI model generated a specific output. The system aims to provide mathematical guarantees confirming answers come from the intended model and prevents one model from being impersonated as another. FlashProve operates similarly to encrypted email signatures, assigning each model a unique "fingerprint" that doesn't expose weights and can be matched against speci

According to Foresight News, Alchemy Pay has obtained a Money Transmitter License (MTL) from Mississippi's Department of Banking and Consumer Finance, bringing its total U.S. MTL-licensed states to 20. The company noted that license applications remain pending in multiple additional states. Alchemy

According to Foresight News, AI-powered RWA platform RWAI has completed an $8 million funding round led by Amber Group, UOB Venture Management, ArkStream Capital, Web3Labs, Waterdrip Capital, and others.
RWAI focuses on the apparel sector, using AI to handle product design, manufacturer matching, p

According to Economic Daily, Wistron's AI server subsidiary Yongqing (7711) reported Q3 net profit of NTD 13.95 billion yesterday (November 3), the highest in a single quarter, up 103% quarter-on-quarter and 766% year-over-year, with earnings per share of 19.81 yuan. Q3 revenue reached NTD 118.16 billion, surpassing the NTD 100 billion mark for the first time, up 73.24% from the previous quarter and 78.08% year-over-year. The company's AI server customer base now spans Northeast Asia, Southeast

According to Economic Daily, on November 4, Taiwan's stock market plunged over 1,400 points, breaking below the 42,000-point barrier during intraday trading. The yuan da Taiwan 50 (0050) ETF, a market-cap-weighted benchmark, fell from an opening of 101.55 yuan to a low of 97.65 yuan, marking a 2.5%

According to Economic Daily, Taiwan's main stock index fell 1,612 points to close at 43,307 yesterday (Nov 3), as U.S. markets continued to decline. The index had dipped as low as 43,191 points during the session before late-session buying provided

According to Economic Daily, Taiwan's weighted index closed at 44,920.14 points on November 2, down 291.69 points, or 0.64%, with turnover of 758.9 billion New Taiwan dollars. Among advancing and declining stocks, 529 rose while 534 fell, with 10 limit-up and 5 limit-down stocks.
Taiwan

According to Grok's official account, on November 4, Anthropic clarified that rumors circulating on social platforms about an IPO cancellation were false. The company confirmed it submitted its S-1 registration statement to the SEC on October 26 and filed a revised version on November 2, with no

According to the Economic Daily, Taiwan's weighted index closed at 45,211.83 points on October 30, down 1,156.5 points, or 2.49%, with a trading volume of 877.7 billion New Taiwan dollars. Blue-chip stock Taiwan Semiconductor Manufacturing Company (TSMC, ticker 2330) closed at 2,370 New Taiwan dolla

According to Economic Daily, on November 4, 2026, shipping company Yang Ming and airline China Airlines are positioned to outperform amid favorable supply-demand dynamics. Yang Ming benefits from continued port congestion, Panama Canal capacity restrictions, and controlled container supply that

According to TradingBeats monitoring, on November 4, a whale liquidated five short positions in U.S. equity futures contracts, closing all positions at an afternoon rebound with total trading losses of approximately $220,000. The whale built shorts across SpaceX, Tesla, Amazon, Microsoft, and Meta d