Gate Crypto Flash News and Market Updates

On Wednesday (Nov 4), the Nigerian Exchange's main index closed up 0.11%, while South Africa's stock market was in recess.

According to a meeting held on November 4 between China Steel (2002) and the steel plate industry, the company's steel plate orders for Q4 2026 are fully booked, with Q1 2027 expected to see supply shortages. China Steel urged industry players to plan procurement early, particularly ahead of the Lunar New Year period, and to secure orders before year-end maintenance at its steel plate facilities. Steel plate cutting businesses raised concerns that China Steel's primary and secondary grade steel

According to Economic Daily, AI infrastructure components manufacturer JPP-KY reported October combined revenue of NT$388 million on November 4, marking its strongest October on record. The company's January-October revenue reached NT$3.942 billion, up 30.9% year-on-year and hitting a record high for the same period. The strong performance is driven by sustained orders from major clients Amazon and Google as they continue expanding AI infrastructure, with new production capacity additions expect

According to Google's VP for education Chris Phillips, on November 3, the company announced that schools using Google's K-12 software will not have access to Search unless they opt in to using AI tools like Gemini, as the two services are "deeply integrated."
The move drew immediate criticism

According to Economic Daily on November 4, optical lens maker Alight (3019) reported Q3 net profit of NT$839 million, a record high for the period, up 56% quarter-over-quarter and 61% year-over-year, with earnings per share of NT$3.
The company's first nine months net profit reached NT$1.67

According to Economic Daily, IC design company Lingtonk reported third-quarter earnings per share (EPS) of 0.69 yuan yesterday (Nov 4), with after-tax net profit of 75 million yuan, representing year-over-year growth of 829.5%. For the first nine months of 2026, the company posted cumulative after-t

According to Economic Daily, Taiwan-listed semiconductor connector maker Yongde (3689) reported yesterday that Q3 net profit reached NT$246 million, a record single-quarter high, with earnings per share (EPS) of NT$2.75, up 13.3% quarter-over-quarter and 70.7% year-over-year. Year-to-date net profit

According to PANews, on November 5, Moonshot AI released open weights of Kimi K3.1 Pro on Hugging Face. The native multimodal agent model features MoE architecture with 2.8 trillion total parameters and 104 billion active parameters, supporting context length of approximately 1 million tokens.
The

On November 4, Chunghwa Telecom (2412) held an earnings call where Chairman Jian Zhicheng said the company is confident in achieving its full-year financial guidance. According to Economic Daily, the company's intelligent ICT solutions saw new order bookings jump 84% year-over-year in Q3, with

According to Economic Daily, Taiwan Mobile's subsidiary surpassed the 39% acquisition threshold on November 4, with cumulative buyback reaching 111.3 million shares, or 40.89% of Jing Cheng Information's outstanding stock. The acquisition fulfilled all regulatory conditions, including approval

On November 4, Chunghwa Telecom and Google announced an expansion of their partnership to introduce Gemini AI services in Taiwan. The collaboration aims to create an integrated smart ecosystem spanning devices, connectivity, and applications, offering users a seamless AI-powered experience.

According to BIT stock platform data, the Philadelphia Semiconductor Index declined 5% on November 5. Marvell Technology (MRVL.O) fell over 9%, Micron Technology (MU.O) dropped over 6%, Intel (INTC.O) declined over 5%, while Nvidia (NVDA.O) and Broadcom (AVGO.O) each fell over 2%.

According to Xinhua, the European Commission unveiled its 2027 work plan today (November 4), aimed at strengthening EU economic competitiveness through measures including energy cost reduction, single market modernization, and administrative burden reduction.
Key initiatives include establishing a

According to WHO, the organization has recommended adding two new Ebola vaccine candidates to the ongoing TUMAINI clinical trial in the Democratic Republic of Congo. The candidates are ChAdOx1, developed by Oxford University in collaboration with the Serum Institute of India, and Moderna's

According to the U.S. Department of Commerce, the September trade deficit narrowed to $105 billion, down from $105.7 billion in August and below market expectations of $108 billion. Exports increased $5.8 billion to $321.5 billion while imports rose $5.2 billion to $426.6 billion.

According to Coinbase, Coinbase Prime has launched liquidity from Deribit, the world's largest crypto options exchange, supporting over 20 assets including BTC, ETH, SOL, XRP, AVAX, and HYPE. The platform currently accepts BTC, ETH, and USDC as collateral, with more assets to be

According to Whale Alert monitoring, an unknown wallet transferred 813 BTC to Coinbase Institutional at 11:52 PM Beijing time on November 4, valued at approximately $65.4 million at the time of transfer.

According to Trace pricing data, CoreWeave Inc.'s unsecured bonds fell to new lows on Wednesday, with 2031-maturity notes trading as low as 79.5% of par value. Bonds maturing in 2030 and 2032 also declined, trading at distressed levels with yields exceeding 15%. The selloff follows the election of

According to Crypto Twitter commentator Matthew Sigel, Hut 8 Mining recently extended its Beacon Point Phase Two lease from 15 to 17 years, adding two years of contracted revenue to support the company's upcoming financing efforts for the 352MW capacity project. The lease amendment is designed to of

Brent crude oil futures dropped below the $100 per barrel psychological level today for the first time since October 7, declining more than 4%. WTI crude fell 4% to $92.23 per barrel, while Shanghai crude futures declined 4% to 649.10 yuan per barrel. The decline follows the Republican Party's