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.
Today
16:01
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HSBC Downgrades Nvidia to Hold, Cuts Price Target to $170 on Nov 13

According to BlockBeats on Nov 13, HSBC analyst Frank Lee downgraded Nvidia to Hold from Buy, cutting the price target to $170 from $365—representing only a 2.3% upside from Thursday's close. Lee cited concerns that the stock will remain under pressure until Nvidia clarifies its CEO succession
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16:01
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U.S. Treasury Secretary Bessent and Chicago Fed Chief Goolsbee Clash Over Energy Shock Impact on Inflation

According to CNBC interviews, U.S. Treasury Secretary Scott Bessent argued that the Federal Reserve should not raise interest rates due to inflation stemming from energy supply disruptions related to tensions with Iran. However, Chicago Federal Reserve President Austan Goolsbee countered on the same network, stating that accumulated price pressures have far exceeded what elevated oil prices alone can explain.
15:55
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Innolux Reports Q3 Net Income Surge 113-Fold Year-Over-Year, Nine-Month Profit Up 50-Fold

According to Innolux's (3481) financial statement released on November 13, the company's third-quarter consolidated net income reached NT$7.691 billion, up 113-fold year-over-year and up 69.7% quarter-over-quarter. For the first nine months, cumulative net income totaled NT$13.852 billion, up more than 50-fold year-over-year, with earnings per share of NT$1.73. The company attributed the sharp improvement to its dual-transformation strategy, with non-display segment revenue reaching 43% of total
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15:54
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Bitcoin Tumbles to $67,628 on Friday, Down 5.4% to Lowest Since August

According to CoinMarketCap, Bitcoin slid below $70,000 on Friday (November 13), falling to $67,628, its lowest level since August. The single-day decline of 5.4% extended a two-day slump of as much as 9%, with approximately $1.5 billion in bullish positions liquidated in 24 hours. Economist Peter Schiff warned on X that Bitcoin remains in a long-term bear market, noting the cryptocurrency has not posted consecutive calendar-year declines. Bitcoin is down 16.5% year-to-date in 2026 after falling
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15:54
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Telegram's Native Wallet Hits 1M Registrations in 48 Hours

According to Pavel Durov, Telegram's native wallet reached 1 million self-custodial wallet registrations within 48 hours. The wallets activate automatically when users receive Grams, requiring no manual setup or seed phrase management. This auto-activation
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15:50
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U.S. October PPI Misses Forecasts: Headline Index Up 0.3% MoM

According to the U.S. Department of Labor, October producer price index (PPI) came in below market expectations on November 13. Headline PPI rose 0.3% month-over-month on a seasonally adjusted basis, falling short of the forecast of 0.4%. Year-over-year, the headline PPI increased 6.5%, also below t
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15:45
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Coinbase Plans Up to 4-Hour System Maintenance on November 14

According to Coinbase, the exchange will conduct planned system maintenance on November 14 (Saturday) around 1 p.m. Eastern Time, with an estimated duration of up to 4 hours. The company confirmed that user funds will remain secure during the maintenance window, though multiple products may experience performance degradation. Users can monitor real-time updates via Coinbase's official status page.
15:43
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Hyperliquid (HYPE) Defends $69 Support After 26% Slide From Record High

Hyperliquid (HYPE) traded at $72.53 on Friday, down 26% from its all-time high of $97.99 set on September 23, as the token tested critical support near $69.91 intraday. The $68–$70 support zone, where the 200-day moving average, ascending channel floor, and 0.5 Fibonacci level converge, faced
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