Gate Crypto Flash News and Market Updates

According to Bloomberg and Fitch Ratings, SpaceX's five-year credit default swap spread hit a record high of 284.3 basis points on November 5, expanding 14.6 basis points as investors repriced the company's debt risk following the Democratic election victory. The surge reflects concerns over data ce

China's precious metals sector rallied on November 6, with Sichuan Gold surging over 5%, leading peers including Xiaocheng Technology, Hunan Gold, Shanjin International, and Chifeng Gold higher.

According to Mexico's central bank (Banxico), on November 5, the institution cut its overnight rate target by 25 basis points to 6.25%, marking the first rate reduction after three consecutive holds. The decision passed with a 3-2 vote, with deputy governors Galia Borja and Jonathan Heath

On Nov 5, the Taiwan dollar closed at 32.876 against the U.S. dollar, down 5.5 cents, with trading volume of $3.66 billion.

According to the U.S. Treasury Department's Office of Foreign Assets Control (OFAC), on November 5, the agency sanctioned 4 individuals and 41 entities supporting the transnational criminal operations of Cambodia's Prince Group, along with a Malaysian national managing an Africa-based fraud

According to BlockBeats, Leap, Solana Labs' platform, launched a mobile trading app beta today (November 6), accessible via iPhone's public TestFlight. The app integrates tokenized stocks, ETFs, metals, currencies, and crypto assets on Solana, executing trades via on-chain swaps. Leap announced zero fees initially, with plans to use future fees for SOL buybacks and burns. Android release is planned for later.

According to Qualcomm, SpaceX has selected the company's Dragonwing cellular infrastructure platform to build Starlink Mobile's ground-based 5G network across the United States, with deployment beginning in 2027. The multi-year partnership will involve deploying tens of thousands of base stations utilizing Qualcomm's large-scale MIMO radio units and baseband technology, featuring 64 transmit and 64 receive antenna paths (64T64R) to enhance network coverage, capacity, and spectrum efficiency.

According to reporting from China Times, Europe's Stoxx 600 index fell 2.53 points or 0.38% to 654.87 on Thursday as investors assessed the impact of U.S. midterm election results. Technology stocks declined 3.2% to a two-month low, tracking weakness in U.S. Nasdaq futures. European chip stocks fell broadly, with Soitec dropping 16.7%, Aixtron down 9.8%, Infineon declining 8.5%, and ASML falling 6.6% to 1,250 euros. Defense stocks retreated 2.6%, led by Rheinmetall's 16.1% drop after the company

According to Russia's Foreign Ministry spokesperson Maria Zakharova, speaking on November 5, Russia and the United States have made no substantial progress in bilateral discussions held through multilateral platforms including the United Nations and Group of Twenty, despite recent exchanges

According to ChainCatcher, World Liberty Financial (WLFI) announced a token buyback plan today via X to strengthen ecosystem governance. The buyback will be funded through fees generated by USD 1 reserves and other channels, with scale and pace to be adjusted based on ecosystem growth.
The

According to BlockBeats, an anonymous seller on November 6 listed approximately $500 million in data center loans through an auction process, encompassing more than a dozen individual loans with a minimum bid of $10 million per tranche. The bidding deadline is set for November 19.
The portfolio

According to Caixin News Intelligence, as of November 5, 113 listed and OTC-listed companies in Taiwan recorded their highest October revenues, with 287 companies having disclosed earnings to date. Among top performers, UMC (2303) led market activity with 1.5954 million shares traded over the

According to Danal on November 6, the South Korean payment company completed trademark registration for its AI agent-powered payment assistant service and submitted trademark applications for 15 stablecoin-related marks including PCIK, PCIS, KRWX, KRWS, PSC, KW, and SC.
The payment assistant servic

According to China Times, as of November 5, 287 listed and OTC-traded companies released their October cumulative revenue results, with 118 companies posting record highs—66 listed firms and 52 OTC-traded companies. Among these, 13 large-cap stocks posted 5-year average dividend yields

According to financial journalist Charles Gasparino, hedge fund redemptions have reached their highest level since 2009, citing recent tech stock selloffs. An unnamed financial services CEO told Gasparino the wave of redemptions reflects necessary market correction

According to Jin10, Hong Kong-listed AI application stocks opened lower on November 6, with Zhipu (02513.HK) dropping 8.82% and MINIMAX-W (00100.HK) falling 7.4% at the opening. Other AI stocks including Xiaoma Zhixing-W (02026.HK) and Paradigm Intelligence (06682.HK) also