Gate Crypto Flash News and Market Updates

According to MSX.COM data, AI cloud computing stocks declined over the past 24 hours. NBIS fell 20.5% (down 8.2% in the past hour) to $120.35, while SHAZ dropped 15.1% to $22.53.

According to Yonhap Infomax, the USD/KRW rate closed at 1,332.70 won on Nov 12, down 0.90 won from the previous trading day. The currency pair touched a low of 1,330.70 won earlier in the session. Downward pressure came from export-focused companies selling dollars, foreign investors' net sales of d

According to CNBC, on November 12, Jamieson Grieer, US Trade Representative, expressed continued concern that Nvidia may be circumventing export controls on semiconductors to China. Grieer stated that while the US wants to sell semiconductors globally and enable worldwide access to American AI technology, "core technology assets" must remain in the hands of the US and its allies. The comments follow revelations that Nvidia CEO Jensen Huang acknowledged an affair with an executive at Megaspeed, a

According to Gate's trading data, GT/USDT fell to $8.95, down 8.58% in 24 hours.