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
04:16
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JPMorgan Cuts Apple Price Target to $355 From $360

JPMorgan cut its Apple (AAPL.O) price target to $355 from $360, according to reports on November 3. The adjustment reflects the analyst's revised outlook on the tech giant's near-term performance.
04:10
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AI Stock Selloff Erases $5 Trillion, Poses Major Economic Risk: BofA

According to BofA Global Research, a three-week selloff in artificial intelligence stocks has erased $5 trillion in market value and poses significant economic risks to the U.S. and global economy, the bank's economists warned on November 3. AI-related investments contributed over 1% to the 3.4%
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04:09
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Koribor Rates Updated on Nov 3, 3-Month Rate Rises 0.01% to 3.42%

According to Yonhapinfomax, South Korea's interbank lending rates (Koribor) were updated on Nov 3 at 11:00 a.m. The 3-month Koribor rose 0.01 percentage points to 3.42%, while the 12-month rate declined 0.01 points to 3.99%. Other rates: 1-week 3.00%, 1-month 3.14%, 2-month 3.27%, and 6-month 3.82%.
03:56
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Binance Warns of Fake Withdrawal Fee Scams on Nov. 2

According to COINOTAG, Binance warned users on Nov. 2 of fraudulent compensation schemes following its phased withdrawal service restart. The exchange posted an alert on its official X account cautioning customers that any impostor claiming to expedite withdrawal processing in exchange for a fee
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03:50
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Crypto.com to Shut Hong Kong Consumer App on February 1, 2027

According to Bloomberg, Crypto.com will shut its Hong Kong consumer app on February 1, 2027, as part of efforts to streamline operations and focus resources on long-term opportunities. Affected users have already received notice and will be provided with instructions for account closure. The
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