Gate Crypto Flash News and Market Updates

According to Korea's Financial Supervisory Service Electronic Disclosure System, Samsung Securities reported on November 12 that it posted Q3 2026 net profit of 3.528 trillion Korean won, up 14.1% year-over-year. Operating profit reached 4.490 trillion won, up 11.7% from the same period last year. The wealth management division drove performance, with retail client assets reaching 578.7 trillion won, up 47.1% YoY, while wrap account net fees surged 75.9% to 20.1 billion won. The investment banki

According to China's Ministry of Commerce via Xinhua on November 12, the "$300 billion for $300 billion" reciprocal tariff reduction framework benefits bilateral trade stability and expansion. Spokesperson He Yadong stated that both Chinese and U.S. businesses hold high expectations for the arrangement. The two countries are maintaining close communication on implementation and aim to expedite the framework's rollout. China and the U.S. are also in ongoing talks on trade and investment matters,

According to China's Ministry of Commerce, spokesperson He Yadong expressed serious concerns on November 12 over European Union member states banning Chinese enterprise equipment. China opposes politicizing technology issues and calls for market-driven 5G development and fair, non-discriminatory business environments, the ministry said.

According to CryptoQuant analyst Darkfost on November 12, Binance's Bitcoin open interest declined from $10.6 billion to $8.8 billion in less than one month, a 17% drop. Simultaneously, its 180-day moving average rose from $8.4 billion to $8.6 billion. With open interest now falling below the moving average, the market is showing new deleveraging signals, typically appearing near the end of market corrections during bull phases and reflecting traders reducing leveraged exposure through both volu

Spot silver fell over 1% during intraday trading today, now trading at $51.14 per ounce.

According to WasabiCard's announcement today (November 12), the Singapore-based payment infrastructure provider launched a local card issuing solution enabling businesses to issue payment cards in 100+ markets while settling transactions in USDT, USDC, and Open USD (OUSD) through a single API

Taiwan stock market plunged 1,165.28 points, or 2.63%, on November 12, closing at 43,091.87 points with intraday volatility reaching 1,582 points. Trading volume surged to 1.01 trillion NT dollars. Despite the decline, institutional investors posted a combined net buy of 5.16 billion NT dollars, wit

According to ZDNet Korea on November 12, Samsung Electronics and SK Hynix are reallocating enterprise-grade SSD (eSSD) supplies originally allocated for Chinese customers to U.S. clients. Major Chinese AI companies including Alibaba, Baidu, and Tencent have cut their eSSD orders below expectations d

According to Caixin Securities, on November 12, China's A-share market rallied then retreated, with the ChiNext index falling over 2% after earlier gains of nearly 2%. The Shanghai Composite Index closed down 0.67%, the Shenzhen Component Index down 1.68%, and the ChiNext Index down 2.44%. Trading v

According to FinanceFeeds, SoFi Technologies (SOFI) closed on Wednesday, Nov 11 at $16.27, down 0.61 percent, after being named as one of six brokers to distribute Anthropic IPO shares to retail investors. Anthropic's amended S-1 filing on Nov 10 designated SoFi, Charles Schwab, Fidelity,

According to China's Foreign Ministry, South Korean Foreign Minister Zhao Xian will visit China on November 13-14, following an agreement between the Chinese and South Korean governments.

According to Taiwan Stock Exchange data, Raynix (4989) posted third-quarter earnings per share of NT$0.22 on November 11, reversing a NT$0.85 loss in the prior year's same period. Q3 revenue reached NT$1.134 billion, up 85% year-over-year, with net profit of NT$35.03 million compared to a net loss o

According to Taiwan Stock Exchange public information, Welda Biomedical (TW.7713) reported basic earnings per share (EPS) of NT$1.64 for the third quarter of 2026 (ROC Year 115), a 24.2% increase from NT$1.32 in the same period last year. Net profit for Q3 reached NT$74.4 million, up 24.5% year-over-year.

According to the Taiwan Stock Exchange Public Information Observation Post, Tong Ming-KY (TWSE: 5538) reported basic earnings per share of 1.36 New Taiwan dollars for the third quarter of 2026, compared with 0.86 NT$ in the same period last year. Net profit for Q3 reached 273.9 million NT$, with operating income of 3.98 billion NT$. For the first nine months of 2026, accumulated earnings per share stood at 4.10 NT$, versus 2.27 NT$ in the same period of 2025.

According to the Taiwan Public Information Observation Post, Rongjue Co., Ltd. (3437) reported a consolidated net loss of NT$279.148 million (approximately USD 8.7 million) for the first nine months ended September 30, 2026, with basic earnings per share of -NT$1.93. The company generated operating revenue of NT$958.826 million during the period, with total consolidated assets reaching NT$2.775808 billion as of period-end. The financial report was approved by the board of directors on November 1

According to posts by Shark Tank investor Kevin O'Leary, regulatory uncertainty rather than Bitcoin price declines is the primary barrier to institutional adoption of stablecoins and blockchain technology. O'Leary cited two pending U.S. legislative proposals—the GENIUS Act and the CLARITY Act—as essential to unlocking corporate treasury commitments. His company uses Circle's USDC for cross-border settlement and treasury management, demonstrating the technology is operationally viable; however, O

According to Foresight News citing Huma co-founder Richard Liu, Huma Foundation and its related entities have made no HUMA trades over the past 3 months and plan not to sell tokens in the upcoming unlock window. The foundation has consistently provided DEX liquidity for HUMA since TGE. The co-founder's statement follows recent market volatility. On October 22, an early LP's wallet was compromised, resulting in the sale of approximately 12 million airdrop-received HUMA tokens. Between November 2-

According to the Bank of Korea's 2026 Payment Systems Conference held on November 11, the central bank introduced a unified-ledger-based platform designed to settle tokenized financial assets and payments within a single digital infrastructure. The initiative reflects broader efforts by major centra