Gate Crypto Flash News and Market Updates

According to Bloomberg reporting sources, Japan's government-backed chipmaker Rapidus failed to produce functioning static random-access memory (SRAM) units by summer 2026, missing a critical technical milestone required to meet its original 2-nanometer chip mass production target of March 2028.

According to MoneyDJ, U.S. stock index futures showed mixed performance at 09:37 Beijing Time on November 10. The Dow Jones Industrial Average (DJIA) rose 121 points to 52,619, up 0.23%, while the S&P 500 gained 5.75 points to 7,580, up 0.08%. The Nasdaq 100 declined 30.5 points to 27,984,

According to MarketWatch data from GasBuddy, U.S. gasoline prices fell below $4 per gallon for the first time since August on November 9, declining to approximately $3.96 per gallon. The price dropped nearly 16 cents over the past week as Middle East tensions eased, driving WTI crude oil futures

According to MoneyDJ, Rocket Lab reported on November 9 that third-quarter revenue surged 73% year-over-year to $268 million, exceeding analyst expectations of $257 million. However, net losses expanded to $79.6 million, significantly exceeding the market estimate of $46.9 million. The company's ord

According to North America CEO Ram Krishnan, PepsiCo announced on November 9 a layoff of 1,000 employees to streamline operations and improve efficiency within the North American business. The company said the cuts are part of a restructuring plan aimed at accelerating collaboration and

According to Shanghai Cyberspace Administration filings, Apple Intelligence has expanded its supported devices to include iPad and MacBook, completing regulatory approval as reported on November 10. The generative AI service previously received initial approval from China's Cyberspace Administration

According to MEXC CEO Vugar Usi, on Monday morning, MEXC confirmed it has engaged U.S. counsel and established contact with FinCEN following a November 6 order that barred U.S. regulated financial institutions from processing funds tied to MEXC Global. The platform said it is prepared to fully cooperate with related investigations. MEXC stated that deposits, withdrawals, and trading functions remain operational. FinCEN's November 6 order alleged that MEXC Global processed at least $16 billion in

According to Fidelity International's latest analysis, Taiwan, South Korea and Japan stocks have suffered the most significant losses following selling pressure that began with semiconductor equities, prompted by recent U.S. midterm election results where Democrats secured control

According to Reuters, three Democratic members of the House Foreign Affairs Committee sent a letter to Commerce Secretary Howard Lutnick on November 10, urging the U.S. to immediately halt advanced AI chip exports to China. The lawmakers—Gregory Meeks, Gabe Amo, and Sydney Kamlager-Dove—demanded the

According to Coinglass data, the Crypto Fear and Greed Index stands at 31 as of today (November 10), up 1 point from yesterday and indicating a shift into panic territory. The 7-day average remains at 32, while the 30-day average stands at 47, reflecting heightened market risk aversion in recent

According to Glassnode, altcoin trading volumes have returned to normal levels following a speculative surge in September, when total volumes reached 4 times Bitcoin's trading volume. The analytics firm noted that such speculative activity typically coincides with market local peaks. This recent alt

According to BlockBeats, on November 10, Zhipu (02513.HK) surged 11.89% at midday close, while Minimax-W (00100.HK) rose 7.06%. SMIC (00981.HK) gained 3.91%. The Hang Seng Index was up 0.29% at 24,518.87

According to analyst Benjamin Cowen, Bitcoin fell to $73,500 on Monday (November 8), touching the 20-week moving average within the bull market support band, but the bottom of Q4 may still lie ahead. Bitcoin's weekly close has dropped back below the 50-week moving average, a bearish signal Cowen

According to BlockBeats, the U.S. will release October CPI data on November 10 at 8:30 PM Beijing time. Due to missing baseline data from the 2025 government shutdown, the report will exclude year-over-year inflation figures and only provide month-over-month readings. The market expects headline CPI to decline to 0.3% from September's 0.6%, while core CPI is forecast to fall to 0.2% from 0.3%. This is the final CPI report before the Federal Reserve's December meeting, with data deviations potent

According to Chinatimes, South Korea's KOSPI index rallied 3.95% to 5,216.86 points on November 10, driven by gains in chip giants Samsung Electronics (up 5.11%) and SK Hynix (up 6.78%). Battery stocks also surged after German automaker BMW announced it signed supply contracts with LG Energy Solution and Samsung SDI to provide high-voltage batteries starting 2028-2029.

According to S&P Global Energy, 31 laden LNG tankers transited the Strait of Hormuz in October, the highest number since the February conflict disrupted shipping. Of these, 23 were loaded at Qatar's Ras Laffan port and 8 at the UAE's Das Island, marking a significant increase from 23 tankers in

According to Jin10, Japan's 30-year government bond auction saw weakened demand on November 10, with a bid-to-cover ratio of 3.36, down from 3.88 in the previous auction and below the 12-month average of 3.6. Global fiscal policy concerns dampened investor appetite for the bonds. The weak demand mirrors softer demand in last week's 10-year JGB auction, driven partly by declining yields that reduced investment appeal.