Gate Crypto Flash News and Market Updates

According to MSX.COM data, U.S. stocks TWST and QNTX declined in the past 24 hours on November 12. TWST fell 20.9% over 24 hours and 10.3% in the past hour, currently trading at 111.3 USDT. QNTX dropped 10.7%, now trading at 39.58 USDT.

According to Alex Brazier, head of BlackRock's Global Investing and Solutions, the Bank of England may implement an additional three to four rate hikes following last week's 25 basis point increase to 4%. Brazier noted that a rate hike as soon as December is possible, with market pricing currently r

According to UBS Securities, Nan Mao (8150) delivered stronger-than-expected Q3 results, with gross margin surging to 21.7%, above the forecast of 18.6%, and net EPS reaching 1.89 NT$, beating consensus of 1.47 NT$. The gains were driven by improved product pricing, reduced bumping costs, and

According to Tempe's announcement, the company will list on the Taiwan Stock Exchange on December 1, with an initial public offering price of NT$43.86 per share through competitive bidding, for a total of 1,404 share lots. In the third quarter, Tempe achieved sequential revenue and profit growth; th

According to analyst Ignas, HYPE has outperformed PUMP, AAVE, and JUP in managing buyback efficiency year-to-date, with a $791 million buyback raising circulating supply by just 0.43%. In contrast, PUMP's $407 million buyback was accompanied by a 29.5% supply increase, while AAVE's $11.2 million buy

According to Odaily, GMGN APP announced today that four teams—Maruki Squad, CHAIN REAPERS, GDC, and Exclusive—have joined its platform. Data shows Maruki Squad members have accumulated $12.29 million in career profits, followed by CHAIN REAPERS ($5.56 million), GDC ($3.55 million), and Exclusive ($2

According to Bloomberg, Kazakhstan's security agencies detained Nurlan Zhakupov, chief executive of sovereign wealth fund Samruk-Kazyna, and Elzhas Otynshiyev, CEO of Kazakhstan Railways, on Wednesday (Nov 11) on suspicion of corruption. Otynshiyev's company is preparing for its first initial

According to a Taiwan Stock Exchange disclosure on November 12, Formosa Plastics' board of directors approved the shutdown and decommissioning of its caprolactam (CPL) production line at the Xiaogang plant. The 200,000 tons-per-year capacity line has faced continued headwinds from global

According to Renesas Computer Industrial Co.'s board resolution on November 12, 2026, the company approved spinning off its Infrastructure Solutions Business Group—covering server-related research, development, and sales operations, including assets and liabilities—to its 100%-owned subsidiary,

Wirex Limited appointed Julian Sawyer, co-founder and former chief operating officer of Starling Bank, as an independent non-executive director, the UK payments company announced today (November 12). Sawyer, who also led Gemini's European business and served as chief executive of Bitstamp and

According to Foresight News, Hyperion DeFi (Nasdaq: HYPD) released its third-quarter 2026 financial results ended September 30. The HYPE treasury company reported net profit of $39.59 million, compared to $6.63 million in the same period last year, while quarterly revenue reached $810,000, up 168% y

Nebius recently projected $10 billion in customer prepayments for 2026 and $17–20 billion for 2027. The company also announced it no longer considers Annual Recurring Revenue (ARR) an appropriate metric to measure its

According to Huobi HTX, on November 12, Chief Analyst Cloud discussed asset allocation strategies amid elevated global interest rates during the eighth session of Huobi Expert Talk. Cloud highlighted that short-term U.S. Treasuries offer stable coupon yields for defensive positioning, gold serves as

Compal Electronics (2324-TW) announced today its third-quarter financial results, with nine-month net profit reaching NT$7.682 billion, up 66% year-over-year, and earnings per share of NT$1.78. Server revenue exceeded 10% of total quarterly revenue.

Compal's board approved a spinoff of its

According to Bloomberg, Germany's Federal Constitutional Court rejected a lawsuit against the European Central Bank's pandemic emergency purchase program (PEPP) on Thursday. The applicants, comprising academics and business figures, had argued the plan constituted government financing. The

According to JPMorgan Chase strategist Nikolaos Panigirtzoglou, global equity-tracking ETFs received strong inflows last week, with daily average inflows of approximately $2 billion on Sunday accelerating to $3 billion on Monday. Leveraged equity ETFs, primarily driven by retail investors,

According to PANews, AVA Foundation and Travala launched AVA 3.0 on November 12, aiming to strengthen AVA token utility on the Travala platform. The upgrade focuses on real-world travel products, transparent buyback mechanisms, and quantifiable member value.

The foundation has cumulatively

According to the UK Maritime Trade Operations, a tanker was struck by shelling while traveling eastbound in the Arabian Gulf, resulting in multiple casualties. The incident was reported with delay to the

Bybit announced on November 12 its trading infrastructure has migrated to Tokyo. The exchange said the move will improve liquidity, reduce spreads, and enhance trading execution quality.

Nebius reported third-quarter revenue of $980.8 million, beating consensus estimates of $918.5 million. The company posted adjusted EBITDA of $465.8 million against the forecast of $357.4 million, and adjusted net income of $90.9 million, compared to an expected loss of $271.4 million.

The company