Gate Crypto Flash News and Market Updates

According to FactSet's latest survey, 8 analysts raised the median target price for Foxconn (2455-TW) from 632.5 yuan to 710 yuan on Nov 12, a 12.25% increase. All 8 analysts gave positive ratings, with target prices ranging from 373 yuan to 846 yuan.

According to TradingBeats, a whale (0x8d60) built a 2.81 million dollar Nebius (NBIS) long position early on November 12 at an average price of $157.48, deploying 1x isolated leverage. The on-chain contract price initially rose to $159.12 after U.S. market close, then rapidly fell to $145.38—a

According to local media reports, Taiwan's main index retreated from early gains today (Nov 12), testing the 44,000-point level as investors took profits after the index had climbed over 6,000 points from its lows. Low-orbit satellite stocks rallied during morning trading on news that SpaceX is

According to BlockBeats, on Nov 12, Ethereum developer Marchhill submitted an EIP-8437 draft proposal to propagate proof wrapper data via the eth/73 protocol. The proposal introduces an optional mode allowing transactions to submit raw signatures directly to aggregators without pre-generating

According to the DBS Asian Family Office Almanac 2026, released based on surveys conducted in January and May 2026, 43% of Asian family offices have not involved the next generation in wealth planning, while 79% hope to transfer wealth to at least two generations. Only 1% of the next generation fami

The USD/KRW exchange rate rebounded to 1,334.70 won on November 12 morning in Seoul's forex market, up 1.10 won from the previous close of 1,333.60 won, according to local market data. The move came as the U.S. dollar strengthened following the Federal Reserve's tight monetary policy expectations; t

According to Yonhap Infomax, on November 12, South Korean government bond yields declined across the curve, with longer-dated bonds falling more steeply than shorter-dated ones. The 3-year benchmark yield fell 1.4 basis points to 3.714%, the 10-year yield declined 2.1 basis points to 3.929%, and the

According to CCTV News, on November 12, Japan's Kyoto Prefecture confirmed the first highly pathogenic avian influenza outbreak of the season at an egg farm in Kamoka. Genetic testing came back positive, and the farm will begin culling its chicken

Bitcoin's share of the total cryptocurrency market reached 60.98% on Thursday, its highest level since May 2026, as altcoins weakened faster than Bitcoin itself. According to trader cyrilXBT, the metric rose despite Bitcoin slipping roughly 2% on Wednesday, indicating broader altcoin

According to China Times, ChipControl (6909), a Taiwan-listed semiconductor air molecular contamination (AMC) monitoring equipment maker, reported Q3 2026 consolidated revenue of NT$185 million, up 82.52% sequentially and 55.39% year-over-year. Operating profit reached NT$47.06 million,

According to Taiwan Stock Exchange and Kdan Software data, the Taiwan 50 Leveraged ETF (00631L) broke the 300 billion yuan asset milestone on November 12, reaching 318.5 billion yuan. The fund gained 222 billion yuan in net subscriptions year-to-date through November 6, with investor count surging b

At Baidu World Conference 2026 today (November 12), Baidu founder Robin Li predicted the next chapter of artificial intelligence is the development of intelligent organizations, a new organizational system fundamentally different from traditional hierarchies and designed to leverage AI

According to Quanta Services' latest earnings guidance released today, the company projects AI and general-purpose servers to grow double digits in 2027, with server revenue expected to reach 90% of total sales. Following the earnings call, U.S. and Japanese brokerages downgraded their price

According to the latest FactSet survey, nine analysts revised Qin Cheng (8210-TW) 2026 earnings per share (EPS) median estimate downward to 38.09 yuan from 38.43 yuan, with a highest estimate of 48.86 yuan and lowest of 37.4 yuan. The consensus target price for the company was set at 630 yuan.

Crude oil prices declined on Thursday as markets anticipated progress in Russia-Ukraine peace negotiations. Brent crude futures fell 1.2% to $91.65 per barrel, while U.S. WTI crude dropped 1.14% to $85.54 per barrel. Russian and Ukrainian negotiators concluded talks in Abu Dhabi on Wednesday and

According to BlockBeats and Mlm on chain, Nvidia (NVDA) open interest on Hyperliquid reached $535 million on November 12, making it the platform's fourth-largest market behind BTC, ETH, and HYPE. Daily trading volume for NVDA surpassed $1 billion for the first

According to China Times Financial Channel, Da Yin Microsystems reported nine-month earnings per share of 4.06 yuan on November 12, marking a record high. The company's stock opened at 196.5 yuan and surged to the daily limit of 213.5 yuan before profit-taking pressure emerged. Quarterly EPS

According to Reuters, Japan's wholesale inflation accelerated in October, with the Corporate Goods Price Index rising 7.1% year-on-year, exceeding market expectations of 6.5%. Energy and semiconductor prices surged, with oil and coal products jumping 15.9% and chemical products rising 15.5%.

According to TradingBeats monitoring, a whale address starting with 0xc568 expanded crude oil short positions overnight through this morning, adding approximately $6.03 million in new WTI and Brent short exposure at average entry prices of $86.83 and $92.07 per barrel respectively. As of 11:07 UTC today, the address holds approximately $44.74 million in combined crude short positions with unrealized gains of approximately $2.62 million. WTI shorts valued at $14.74 million show gains of $804,000

According to Taiwan's Economy Ministry, on Nov 12, opposition lawmakers from the Kuomintang and Taiwan People's Party proposed amendments to air pollution regulations requiring early retirement of a combined 9.72GW of coal-fired generation. The ministry warned that forcing early retirement of