Gate Crypto Flash News and Market Updates

According to Lookonchain, a large trader opened a $147 million long position in crude oil today, November 3. The position consists of 868,400 shares of BRENTOIL ($91 million) and 581,000 shares of CL ($56.1 million).

Spot silver touched $50 per ounce today (Nov 3), declining 1.27% during the session.

According to the National Development and Reform Commission on November 3, China is advancing the operationalization of the Global AI Cooperation Organization, with 38 nations joining as founding members. NDRC's Deputy Director of Innovation and High-Tech Development Wang Ruomeng stated that during the 15th Five-Year Plan period, China will implement the Global AI Governance Initiative through policy exchanges and pragmatic cooperation with other nations.

According to PANews citing IT News, OpenAI's next-generation model GPT-6.2 Astra has begun appearing in Codex usage statistics as of October 31, suggesting a limited rollout is underway. Multiple Codex users discovered the new model identifier "gpt-6.2-astra" in their usage analysis pages, with one account showing GPT-6.2 Astra accounting for 19.8% of API calls. OpenAI has not yet confirmed the model in its official API directory, changelog, or public announcements.

According to Wintermute's OTC desk, Bitcoin fell below the $80,000 level during last week, with the trading firm attributing the decline to a $6.3 billion outflow from Binance. The firm highlighted the significant capital movement in its weekly over-the-counter market report published on Monday,

According to Raymond James, on November 2, the investment bank upgraded optical component maker Lumentum (LITE) from Outperform to Strong Buy and raised its price target from $1,036 to $1,328. The firm believes the market has overreacted negatively to the company's recent guidance and merger

According to Benzinga, silver prices have fallen 29% below their 200-day moving average at $70.73 per ounce, marking the widest divergence since March 2020 amid a near 60% pullback from this year's record highs.
Tavi Costa, founder of Azuria Capital, suggested in a recent Substack report that the p

According to Microsoft, on November 2, the two companies announced an expansion of their co-selling partnership to help enterprises connect data, applications, and infrastructure for AI workloads across Azure. Lumen will bring its cloud networking and application connectivity products to Azure,

According to Rootdata market data, South Korea's KOSPI Composite Index traded at 5677.88 points intraday on November 3, down 0.7% from the opening level of 5715.19 points.

According to QuestMobile data released in September 2026, Alibaba's Qianwen app reached 1.58 billion monthly active users with a year-over-year growth rate of 5077%, ranking first in growth speed among apps with over 100 million monthly active users. Among China's AI-native apps, Qianwen ranked

According to Guru Club, on November 3, China's National Development and Reform Commission (NDRC) outlined four key priorities for artificial intelligence governance during the 15th Five-Year Plan period. The initiatives focus on establishing comprehensive legal frameworks, optimizing regulatory

According to China's National Development and Reform Commission, on November 3, the agency announced plans to strengthen monitoring and early warning systems for AI-related employment displacement risks. Wang Ruomeng, deputy director of the commission's Innovation and High-Tech Development

According to Guru Club, on November 3, copper, tin, and other industrial metals declined as Asian technology stocks faced renewed selling pressure, dimming demand prospects for data center construction and electronics manufacturing materials. Tin has tumbled 10% this quarter, becoming the worst

According to Guru Club, on November 3, PIMCO CEO stated that artificial intelligence funding scales are moving toward excessively high levels.

According to Cailunews, DeepSeek plans to complete training of its next-generation V5 large language model using Huawei's Ascend 950 chip next year, as reported on November 3. The company is accelerating migration to domestic computing infrastructure amid tightening export controls on advanced AI ch

According to UBS CEO on November 3, the bank has not observed clients engaging in "large-scale" de-risking activities. Real estate demand has shown some weakness. Gold continues to represent an important investment choice for the bank's clients.

According to SomaXBT, a blockchain analyst and Security Alliance (SEAL) contributor, North Korean hackers laundered approximately $242 million in stolen Binance funds within two days on November 2. The stolen funds were transferred across multiple cryptocurrency cross-chain bridges: Relay

According to Goldman Sachs today, the bank raised its 2027 first-quarter European natural gas price forecast to €74 per megawatt-hour from €44/MWh previously. The firm also increased its average TTF natural gas price forecast for 2027 to €51/MWh from €32/MWh, reflecting a 45% probability of severe w

Overnight SHIBOR rose to 1.2891% on November 3, up 0.31 basis points. Seven-day SHIBOR fell to 1.3420%, down 2.1 basis points, while three-month SHIBOR declined to 1.4015%, down 0.35 basis points.

According to Odaily, Extended announced its native token XTEN economic model on X, with a maximum supply of 10 billion tokens. Of these, 300 million XTEN (30% of total supply) will be allocated for community airdrops and fully unlocked at TGE, with only the airdrop portion in active circulation