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
03:43
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Alibaba's T-Head Chip Unit Files for Hong Kong IPO on September 11

According to Cailianshe, Alibaba's semiconductor subsidiary T-Head applied for a separate H-share listing on Hong Kong's Main Board on September 11, 2026. Founded in 2018, T-Head develops data center chips including the Zhenwu series AI processors, Yitian CPUs, and storage controllers. As of
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03:41
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South China Toluene Prices Tumble 16.34% Since Early November, Mixed Xylene Down 14.26%

According to Jin10 Futures, South China toluene prices fell to 7,425 yuan/ton as of November 10, declining 16.34% from early month levels, while mixed xylene dropped 14.26% to 8,000 yuan/ton. The decline was driven by cost collapse, weakening demand, and deteriorating market sentiment. International crude oil prices remained under pressure from U.S.-Iran peace signals, though ongoing geopolitical tensions in the Strait of Hormuz and Saudi-Houthi military clashes may limit further downside in cru
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03:38
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ELF Jumps 26.56% to Top Upbit's Daily Gainers at 95.3 Won

According to Upbit, aelf (ELF) jumped 26.56% to 95.3 won at 12:01 p.m. Seoul time on November 11, topping the exchange's gainers board. Metaplex (MPLX) ranked second with an 18.94% gain to 98.6 won on 12.7 billion won turnover. Only 78 of Upbit's 301 listed tokens gained on the day, while Bitcoin traded at 99,694,000 won, down 0.52% from its previous close at the same snapshot.
MPLX+17.12%
BTC-1.03%
03:37
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Auplac Gross Margin Hits 56% in Q3 2026, Up 10 Points Year-over-Year

According to Auplac (6531-TW) third-quarter results announced on November 11, the company posted revenue of NT$3.31 billion with a gross margin of 56%, up 7 percentage points sequentially and 10 percentage points year-over-year. Single-quarter gross profit reached NT$1.85 billion.
The margin
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03:36
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Chiptech (3017) Q3 Gross Margin Rises to 33.86% Amid Copper Price Surge

According to UAnalyze's Industry Data Center, Chiptech (3017) reported Q3 2026 gross margin of 33.86%, up 1.29 percentage points from Q2 and 7.74 points year-over-year. Gross profit reached NT$20.011 billion, surging 97% year-over-year, outpacing revenue growth of 52%.
The company attributed margin
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