Gate Crypto Flash News and Market Updates

Nvidia founder and former CEO Jensen Huang's wealth declined by $7.5 billion to $137 billion on Thursday, dropping him to 13th place on the Forbes Real Time Billionaires list. His net worth has fallen approximately 5% following his departure from the GPU chipmaker.
Meanwhile, Elon Musk tops the lis

According to its earnings call on November 12, Asus forecasted server revenue to surge 100% quarter-over-quarter and 280% year-over-year in the fourth quarter of 2026. The company reported third-quarter earnings per share of 29.1 New Taiwan Dollars, up 105% year-over-year. Full-year server revenue i

According to analysts cited by Jin10, crude oil prices posted a rebound yesterday, with domestic energy stocks rallying as the market repriced valuations following the previous sharp decline. The U.S. dollar index climbed to 102.9, reaching its highest level since April 2025, adding downward

According to Yonhapinfomax, on November 13, Woori Finance Group will decide on CEO Jung Jin-wan's one-year reappointment without conducting a candidate shortlisting or compression process—a procedure that differs significantly from other major South Korean financial groups.
Unlike KB Financial,

According to commodity futures reports, CBOT soybean futures fell 1% on Thursday (Nov 12), reversing gains from the prior two sessions amid long liquidation and technical selling. The U.S. dollar surged to a 19-month high on expectations of further interest rate hikes to combat inflation,

On Thursday, the Depository Trust & Clearing Corporation (DTCC) announced plans to enable tokenization of eligible assets held at its depository arm on the Solana blockchain, with availability expected in the second half of 2027. The DTCC Tokenization Service, which went live on October 28, will

According to Nebius Group's Q3 2026 earnings call, CEO Arkady Volozh stated that artificial intelligence demand is 'real and massive,' with customer contracts expanding and prices rising. Q3 contract pricing exceeded $25 million per megawatt, up from the $20-25 million range in Q2.

According to White House announcement reported by CoinDesk, President Trump on November 13 nominated Kristin Johnson and Steven Levine as SEC commissioners, and Nathan Anonick and Matthew Rowland as CFTC commissioners. Johnson and Levine are former CFTC officials. The nominations require Senate

According to Digital Asset, BARD (Lombard) surged 48.21% to 166 KRW on Bithumb as of Nov 13, with 23-hour trading volume reaching 5.46 billion KRW. On the same date, MAGMA (Magma Finance) rose 23.71% to 454 KRW on Bithumb, with trading volume of 9.39 billion KRW. BARD also gained 46.9% on Upbit

According to Cointelegraph, Maple Finance co-founder Joe Flanagan and Chief Operating Officer Ryan O'Shea are departing the on-chain asset management company due to strategic differences. O'Shea will step down on November 27, while Flanagan will assist with the transition through the end of 2026

According to Yonhapinfomax, the U.S. dollar index (DXY) reached 103.167 on November 12, marking its highest level in 21 months, following three consecutive days of gains. The dollar extended its rally on expectations of further Fed tightening. The USD-JPY rate briefly touched 160 yen intraday

According to BIT stock platform data, NVDA's forward price-to-earnings ratio fell to approximately 12x on November 13, marking the lowest level since 2012. The stock has declined over 30% from its October 6 record high, with shares falling more than 4% on Thursday and declining around 11% this

According to its updated IPO prospectus filed with the SEC, Nvidia-backed neocloud Nscale on Thursday released updated paperwork for its planned U.S. initial public offering. The company reported a third-quarter net loss of $1.69 billion on revenue of $307.5 million, up 1,344% year-over-year. The ne

According to Glassnode's latest Week Onchain report, stablecoin supply fell $14.2 billion over the 30 days through November 9, marking the steepest monthly decline since June 2022. Total stablecoin supply has slipped just below $280 billion, its lowest level since September 2025.
Tether's USDT, the

According to CNBC, on November 12, Cisco Systems reported fiscal Q1 2027 (August–October 2026) revenue of $18.5 billion, surpassing Wall Street expectations of $18.1 billion compiled by LSEG and rising 24% year-over-year from $14.88 billion. Adjusted earnings per share reached $1.40, beating

According to Yonhap Infomax, JYP Entertainment shares jumped 16.54% to 45,100 Korean won on November 13 after the company released better-than-expected third-quarter results. Q3 revenue climbed 15% year-over-year to 267.5 billion won, while operating profit rose 17.6% to 48 billion won, driven by re

According to reports, Cerebras reported Q3 revenue that beat expectations, with cloud business revenue surging 272%. The company raised full-year guidance and shares climbed nearly 20% in after-hours trading.