Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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Ethereum Trader 麻吉大哥 Partially Liquidated 136 ETH, Tops Up to 530 ETH as Liquidation Price Nears $35 from Current Rate

According to Odaily and Hyperbot data, cryptocurrency trader 麻吉大哥 (Huang Licheng) had approximately 136 ETH liquidated from his 25x leveraged long position due to market volatility. He subsequently topped up his holdings to roughly 530 ETH. His liquidation price stands at $2,200, just $35 below Ethereum's current price of $2,235, leaving minimal margin before further losses trigger additional liquidation.
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Texas Governor-Elect Hinojosa Demands Pause on SpaceX State Park Land Deal

According to Odaily, Texas Governor-Elect Gina Hinojosa on Thursday demanded a pause on SpaceX's potential acquisition of state parkland. During her first press conference following her election victory, Hinojosa stated she had spoken with the head of the Texas Parks and Wildlife Department and
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Zcash NU7 Upgrade Cuts Block Time from 75 to 25 Seconds on Mainnet

According to Odaily, Zcash's ninth network upgrade NU7 activated on mainnet at block 3,543,405, reducing target block time from 75 seconds to 25 seconds and cutting per-block rewards to one-third. The upgrade introduces a network sustainability mechanism with 60% of transaction fees directed to a re
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World Bank Forecasts Gold Price Decline to $4,000/oz by 2028, Silver Faces Steeper Correction

According to the World Bank's latest Commodity Market Outlook released on November 6, gold prices are forecast to average $4,600 per ounce in 2026, declining to $4,250 in 2027 and further falling to $4,000 in 2028. Silver prices are expected to face a steeper correction, with average prices of $70 in 2026, dropping to $62 in 2027 and $58 in 2028. Gold is projected to outperform silver due to sustained support from central bank purchases and safe-haven demand, despite near-term upward momentum we
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Fubon NASDAQ ETF (00662-TW) Implements 1-for-5 Stock Split Starting Nov 11

Fubon NASDAQ ETF (00662-TW) will suspend redemptions and trading starting November 11, implementing a 1-for-5 stock split. The fund is expected to resume trading on November 17 with new prices. The split aims to lower the per-unit price, enhancing flexibility for both lump-sum and dollar-cost
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Iran Submits Nuclear Proposal to U.S. Through Qatar With Seven Conditions

According to CCTV, on November 5, Iran submitted a nuclear-related proposal to the United States through Qatar that requires the U.S. to accept seven conditions before discussions can proceed. An Iranian official stated that the U.S. is currently reviewing the proposal but declined to disclose
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Web3 Developer Discloses Trojan Infection After Opening Cursor Project in Fake Recruitment Phishing Attack

According to ChainCatcher, Web3 developer brucexu.eth disclosed being targeted by a fake recruitment phishing attack in January, during which opening a project directory in Cursor infected their device with a trojan. No asset loss occurred. The attacker provided code repositories through the recruitment process. Although brucexu.eth initially believed viewing code without execution was safe, Manta Security founder余弦 warned after analyzing the sample that simply opening a project directory could
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DRAM Revenue Surges to Nearly $200B in Q3 2026, Up 5-Fold Year-Over-Year

According to Counterpoint Research, global DRAM market revenue surged to nearly $200 billion in Q3 2026, up approximately 5-fold year-over-year, driven by strong demand from AI accelerators and data centers alongside rising prices. The research firm noted that the current market is in a price-driven
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