Gate Crypto Flash News and Market Updates

According to Patrick Witt, former executive secretary of the White House Digital Asset Advisory Committee, the Trump administration is considering having the U.S. federal government purchase additional Bitcoin on November 10. However, Witt noted that direct market purchases may face legal hurdles

According to ChainCatcher, Golem Foundation executive Julian Zawistowski disclosed on November 11 that the Ethereum project raised approximately 820,000 ETH in under 30 minutes during its November 11, 2016 token sale, and minted 1 billion tokens initially called GNT, now rebranded as GLM. Zawistowsk

According to Jin10 Futures, overnight crude oil gains provided marginal cost support for polyester staple fiber on Nov 12. However, amid weak supply-demand expectations, prices are expected to consolidate in a narrow range with limited upside

According to ChainCatcher, citing RootData market data, the Nikkei 225 index opened at 61,475.11 points on Nov 12, up 0.4% from the previous close of 61,248.59 points.

According to Japan's top foreign exchange official Junshiro Mimura, foreign exchange volatility has been excessive over the past several days.

According to Yonhapinfomax, the USD/KRW exchange rate rebounded to 1,337.50 won on November 12, rising 3.90 won from the previous Seoul session close of 1,333.60 won. The rebound reflects Fed rate hike expectations and global dollar strength driven by tech stock gains in New York.
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According to the latest FactSet survey, 12 analysts revised Wafer Master (6223-TW) 2026 earnings per share (EPS) forecast to 65.45 yuan from 65.01 yuan, with estimates ranging from 61.27 yuan to 76.08 yuan. The consensus price target stands at 8,000 yuan.

According to FactSet, 16 analysts surveyed raised their 2026 earnings estimates for Wistron (6669-TW), with the median EPS increasing to 135.82 TWD from 134.98 TWD and a target price set at 2,559 TWD.

According to FactSet's latest analyst survey on Nov 11, the consensus target price for Quanta Services (2382-TW) was revised down to 410 yuan from 432.5 yuan, representing a 5.2% decrease. The survey covers 18 analysts, with valuations ranging from a high of 626 yuan to a low of 290 yuan.
Of the 18

According to PANews, Aave V3.8 has launched on 15 Aave V3 markets on November 12. The upgrade, approved by Aave DAO and developed by Aave Labs, introduces a reentrancy protection mechanism based on transient storage (EIP-1153) to safeguard protocol accounting consistency during external callbacks an

According to FactSet's latest analyst survey on November 11, seven analysts raised Jianshe (3653-TW) median target price from 8,800 TWD to 9,450 TWD, an increase of 7.39%. The highest target stands at 10,000 TWD, while the lowest is 6,800 TWD. All seven analysts issued positive ratings for the

According to PANews, on November 12, Websea's official X account posted a message on the platform alleging that the company's management is withholding employee salaries and reimbursements, which was subsequently deleted. The post claimed the company has ceased normal operations and failed to

According to Taipei Times, foreign investors released a net buy list on November 11 (previous trading day) across multiple stock categories. Key holdings included Taishin New Photoelectric Finance (2887), AU Optronics (2409), and Nanya Technology (2408). The data tracked foreign investor activity across financial stocks, semiconductors, and traditional industrial names, with holdings spanning consecutive buy periods from two to five days.

According to China Times, foreign investors sold off a total of 20 major Taiwanese stocks on Nov 11, with notable positions including Chinatrust Financial (2891), Powertech Technology (6770), HomeKind (8358), and Cathay Financial Holdings (2882). Among electronically-listed companies, Renesas Electronics (2324), Acer (2353), and other tech stocks featured prominently in the sell-offs, alongside traditional manufacturing firms such as Nanya Technology (1303), Jiangnan (2609), and China Steel (200

According to China Times, Taiwan Semiconductor Manufacturing Company (TSMC) approved investments of up to $1 billion in AI companies OpenAI and Anthropic on November 10, marking its entry into AI-focused venture investing. The move, announced by TSMC's board, positions the chipmaker alongside

According to The Block, DogeOS mainnet launch is approaching on November 11, with version 1 development and security audits now complete, CEO Jordan Jefferson announced. DogeOS brings Ethereum Virtual Machine (EVM) compatibility to Dogecoin, expanding use cases beyond payments to include DeFi and

Spot gold declined below $3,970 per ounce today, posting a loss of 0.46% during the trading session.

Two Democratic senators sent a letter to Health and Human Services Secretary Robert F. Kennedy Jr. on Nov. 11 expressing concerns about prediction market contracts tied to clinical drug trials and FDA regulatory approvals. Maryland Senator Angela Alsobrooks and Oregon Senator Ron Wyden asked HHS

According to Yonhapinfomacs, U.S. stock markets rallied on November 11 as artificial intelligence sector optimism returned following strong earnings from CoreWeave and strong demand for Anthropic's IPO. The S&P 500 index rose 1.31% to 7,619.38, while the Nasdaq Composite climbed 1.60% to 25,466.19. The Philadelphia Semiconductor Index surged 5.66% to 10,564.11, with SK Hynix ADR jumping 9.71%. CoreWeave's third-quarter revenue increased 168% year-over-year, exceeding market expectations, and the

According to Park Gang-ho of Daishin Securities, Samsung Electro-Mechanics' stock has fallen 45% over the past month as of November 12, despite improving Q3 business performance. The analyst projects the company's operating profit will surge 148% year-over-year in 2026 and 112% in 2027, driven by st