Gate Crypto Flash News and Market Updates

According to SK Hynix and market research firm TrendForce, AI chipmakers are shifting high-bandwidth memory (HBM) stacking from 12 layers to 8 layers starting in the second half of 2027, driven by acute supply shortages. The move allows customers to produce more AI accelerators with limited HBM

According to a consensus report from 19 major South Korean brokerage firms on October 29, Korean Colmar's third-quarter operating profit is expected to reach 922 billion won, up 58.16% year-over-year, with revenue projected at 836.8 billion won, up 22.52%.
The company's domestic operations led

According to a White House statement on October 29, President Trump stated that imported robots and machinery pose national security risks. However, no tariffs have been immediately imposed on these products.

According to South Korean exchanges Upbit, Bithumb, Coinone, and DigitalAsset, MPLX (Metaplex) surged 52% to 99.3 KRW and Q (Quark AI) climbed 31% to 93.1 KRW as of October 29 morning, each posting the strongest gains among tracked tokens over the prior 24 hours. MPLX recorded approximately 716

According to Yonhap Infomax, Google's search revenue for the third quarter reached $63.35 billion on October 28, falling short of the market consensus of $64.9 billion. The figure represented a 12 percent year-over-year increase. Despite search volume growth reaching its highest rate in five

According to Guru Club, banks led by Morgan Stanley have postponed the sale of $5–7 billion in bonds to refinance part of a $15 billion loan facility funding an Anthropic-related data center near Hubbard, Texas, after the state suspended new project approvals due to electric grid concerns. The

According to Bloomberg, South Korean AI chip startup FuriosaAI completed a $620 million Series D round, bringing its valuation to $2.9 billion, approximately four times the previous round's $735 million valuation. Investors include Infinitum Partners, South Korea's Growth Fund (contributing $280 mil

According to Marketwatch, SK hynix released Q3 earnings on Wednesday, October 28, with operating margin hitting a record 80%, exceeding market expectations of 78.4%. Q3 revenue reached 104.62 trillion Korean won, more than four times the prior-year period, while net income reached 39.78 trillion won (approximately $29.7 billion), tripling year-over-year. The results were driven by surging memory prices, with DRAM average selling prices up nearly 30% quarter-over-quarter and NAND prices up approx

According to Coinbase, the exchange will host a Q3 earnings AMA tomorrow, October 29, at 5 PM ET. The event aims to provide insights into the company's performance and future plans, with high-profile guests blknoiz06 and jonbma expected to participate, fostering community involvement and

According to Axios, Trump said on Wednesday that initial reports he received about Netanyahu's election prospects were "shocking," but stressed that Netanyahu's current situation is "quite good." Trump also stated his endorsement has been very helpful to Netanyahu. When asked whether he would

According to Yonhap Infomax, South Korea's 3-year and 10-year government bond futures rose overnight on October 29 after Fed Chair Kevin Washburn's dovish remarks. The 3-year contract closed at 103.27, up 7 ticks from the previous session, while the 10-year contract rose 8 ticks to 107.13. Trading v

According to MarketWatch, the gold-platinum ratio, which has demonstrated strong predictive accuracy for stock market returns, currently stands near levels from one year ago, signaling potential downward pressure on U.S. equities over the next 12 months. The ratio, which reflects how geopolitical

According to Yonhap Infomax's survey of eight domestic and foreign financial institutions on October 29, South Korea's consumer price index (CPI) is forecast to rise 2.77% year-on-year in October. Forecasts from individual institutions range from 2.7% to 2.88%, with Korea Citibank providing the

According to the Bank of Korea on October 29, the October composite business sentiment index (CBSI) reached 104.2, up 5.1 points from the previous month—the highest level since August 2022. The economic sentiment index (ESI) also improved to 100.8, rising 0.9 points and marking its best

According to ASIC Chair Sarah Court, Firmus Grid Ltd.'s initial public offering failed early this month. The Australian Securities and Investments Commission is seeking information from relevant investment banks regarding the failed IPO but has not launched a formal investigation as of

According to Nikkei and local financial sources, Mirae Asset Securities acquired Japanese brokerage Sanko Securities for approximately 5 billion yen (420 million Korean won) on October 29, with the board approving the deal that morning. The acquisition secures a securities license for Mirae Asset to

Ripple announced today that its 2026 annualized product revenue is projected to reach $900 million, driven by growth across payments, custody, stablecoin, prime brokerage, and treasury management services. The company said customers and partners using two or more Ripple products increased

According to the DeFi Education Fund and pollster Ipsos, 22% of U.S. adults have used cryptocurrency, a national survey released on Tuesday, October 28, found. The poll surveyed 1,545 U.S. adults aged 18 and over between September 8 and 16.

According to TD Securities, the Australian dollar-New Zealand dollar cross offers attractive shorting opportunities in coming months as policy rates converge between the two central banks. Following the Reserve Bank of New Zealand's surprise hold on policy rates, the currency pair fell, providing

According to Onchain Lens, BlackRock's Bitcoin Spot ETF (IBIT) wallet has received 3,441.176 BTC from Coinbase Prime, valued at approximately $276.7 million.