Gate Crypto Flash News and Market Updates

According to Iran's Foreign Ministry spokesperson Baghaeie, on November 13, any direct or indirect participation in military action against Iran, including deployment of naval forces or provision of military and logistical support, will be considered hostile and illegal behavior equivalent to participating in U.S. aggression against Iran. Such actions violate Article 2(4) of the UN Charter and fall under the definition of aggression in UN General Assembly Resolution 3314, Baghaeie stated.

According to Paragon documentation, the platform launched HYPE², a squared perpetual on Hyperliquid, on Nov. 4-5, 2026. In Paragon's worked example, a 20% HYPE price rise maps to a 44% HYPE² index gain before funding fees are applied. The product, now in testing, applies nonlinear leverage by squaring the underlying HYPE price divided by a constant set at launch, concentrating all trading in a single order book rather than spreading liquidity across multiple strikes and expiries. Paragon's docum

Supermicro stock extended losses to 15% today, marking a fresh daily low. The company's shares have continued to decline throughout the trading session.

According to Bitcoinist, Gemini has sold its UK and European operations to stablecoin payments company KAST for less than $10 million, marking another step in the cryptocurrency exchange's retreat from international markets. The transaction gives KAST, founded by former Circle executive Raagulan Pathy, a platform to expand into regulated European markets. The sale follows Gemini's February announcement to wind down operations across the UK, the European Union, and Australia as part of a restruct

According to SoSoValue and Bitcoinist reporting, on Thursday, Bitcoin slipped 0.7% to around $73,400 while US spot Bitcoin ETF outflows extended to $1.44 billion cumulatively since November 5. The decline followed a sharp drop in Nvidia shares during pre-market trading, as reports raised questions about CEO Jensen Huang's leadership; Nvidia shares fell approximately 7% in pre-market trading. BlackRock's iShares Bitcoin Trust (IBIT) accounted for $269.7 million of Wednesday's withdrawals, marking

Italian utility company ENEL reported revenue of 650.2 billion euros for the first nine months of 2026, exceeding analyst expectations of 613.5 billion euros. Adjusted net profit reached 60.2 billion euros against an estimated 57.6 billion euros, while adjusted EBITDA stood at 179.5 billion euros compared to the forecasted 176.9 billion euros.

Hugging Face CEO Clément Delangue commented on Nvidia CEO Jensen Huang's departure on Thursday, calling it "a really sad day" on X. "We'll keep fighting for open-source AI, harder than ever. This is too important to slow down now," Delangue wrote, reaffirming the platform's commitment to open-source

According to DTCC, the Depository Trust & Clearing Corporation announced on November 12 plans to connect its securities tokenization service to the Solana blockchain in the second half of 2027. The integration

According to the latest update, Vertiv agreed to acquire Utility Innovation Group in a deal valued up to $2.6 billion, paying approximately $1.45 billion upfront in cash with contingent payments of up to $1.15 billion based on EBITDA targets over the next 12 to 24 months. The acquisition marks Verti

According to Foundation CEO Zach Herbert, the Ethereum Foundation debuted the Universal Ethereum Signer app on Passport Prime at $349 on November 12, 2026. The app, built by Ledger co-founder Nicolas Bacca, runs on KeyOS, the operating system Foundation developed for its Passport hardware line.

Craig-Hallum Capital Group analyst Richard Shannon downgraded Nvidia's rating from Buy to Hold, setting a price target of $180, which is 9.4% above the stock's recent closing price.

According to Romania's National Bank decision on Thursday, the country maintained its benchmark interest rate at 6.5%, Europe's highest level, in line with all economist forecasts surveyed by Bloomberg. The decision comes as energy prices push inflation higher, delaying any monetary easing discussions until after next year. The central bank has kept rates unchanged since 2024 amid political instability, economic contraction, and currency depreciation in the Black Sea nation.

According to its November 11 announcement, SuiBall, the Sui hardware wallet developed by Citadel Wallet, has ended operations with full USDC refunds for all pre-order customers. Refunds will be processed within one week: roughly 80% of orders placed on-chain will receive USDC airdrops directly to the wallet holding the original pre-order NFT, while credit card buyers will receive an email to confirm a Sui wallet address. The Sui Foundation withdrew backing after judging the risk of supporting a

According to CNBC analysis, Nvidia has disclosed approximately $400 billion in financing commitments to support AI industry expansion, including $36 billion in purchase pledges to emerging AI cloud operators, $105 billion in staged guarantees for data center projects, and $125 billion in credit support for financial institutions. Columbia Business School Professor Stijn Van Nieuwerburgh estimated the total commitments at around $400 billion. Recent market indicators signal rising credit stress.

According to Aave's X announcement, the loan swap feature is now live on Aave V4 across Ethereum, Base, and Avalanche markets. Users can exchange loans from one asset to another without closing their positions, with the functionality powered by CoWSwap.

According to JPMorgan's prior estimates, MSCI's November review decision on Strategy (MicroStrategy), due shortly after 11:00 PM CET on November 11, could trigger up to $2.8 billion in selling from passive funds tracking MSCI indexes if the Bitcoin-holding company is removed. The index provider's el