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
02:46
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Huang Lacheng Liquidated Again; $223K From NFT Sales Depleted in 4 Days

According to Lookonchain monitoring, trader Huang Lacheng (@machibigbrother) was liquidated again on Nov 6. He had raised $223,000 by selling 15 NFTs over the past four days, but the funds were quickly depleted. Huang currently has losses of $909,000 on papertrade_xyz and $37.4 million on
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02:37
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Taiwan Stock Index Crashes 3,700 Points; TSMC, MediaTek Hit Limit Down

Taiwan's weighted index plummeted more than 3,700 points today in early trading, breaking through the 38,000-point threshold, as U.S. equity markets faced widespread sell-offs. TSMC and MediaTek, the two largest component stocks, hit daily limit-down levels—a rare occurrence. The Philadelphia
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02:30
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Former JP Morgan Strategist Warns AI Data Center Bubble Amid Regulatory Fears on Nov 5

According to Marco Colanovic, former JP Morgan strategist, on November 5, he criticized the artificial intelligence and data center sectors as a bubble designed to mask deeper economic issues. On the same day, U.S. financial markets reacted sharply to concerns over potential data center regulations following Democratic gains in midterm elections, with semiconductor-related stocks declining and major U.S. equity indices falling.