Gate Cryptocurrency News and Market Analysis

CMC Magnetics Corporation (stock code 2323) reported its Q1-Q3 FY115 consolidated financial results, with the board approving the third-quarter consolidated financial statements. Driven by sustained growth in core business operations and the gradual realization of its S'n'P (Storage & Power)

LEOTEK, a subsidiary of Lite-On Technology (stock code 2301), participated in the United Nations Climate Change Conference (COP31) held in Antalya, Turkey, as part of the Taiwan Institute for Sustainable Energy (TAISE) delegation. The company focused on smart traffic and energy management

Elon Musk's Grok AI predicts that Stellar Lumens (XLM) could experience a parabolic rally capable of flipping XRP before January 1, 2027, according to a speculative scenario outlined in recent analysis. The prediction hinges on a hypothetical catalyst: a consortium of major global banks, payment

Ethereum is trading near $2,050 on November 12 as US spot Ethereum exchange-traded funds recorded $144.8 million in net outflows on November 11, according to Farside Investors. The withdrawals mark a sharp acceleration from the $1.3 million outflow recorded the previous session, with BlackRock's

Old Glory Bank plans to introduce XRP transactions and cryptocurrency-to-dollar conversion services through its digital banking platform, with a targeted early 2027 launch. The Oklahoma-based bank's rollout has been complicated by a failed merger with Digital Asset Acquisition Corp., terminated

Deutsche Börse announced the launch of 24/7 tokenized trading for all 40 DAX stocks on its affiliated venue 360X, operated by Payward, Kraken's parent company. The expansion includes tokens linked to SAP, Siemens, Allianz, and Deutsche Telekom, along with a tokenized version of Xetra-Gold, a

Mercer International filed for Chapter 11 bankruptcy protection on Nov. 9, 2026. The filing is part of a restructuring agreement to eliminate approximately $900 million in debt and transfer majority ownership to creditors. The agreement followed a Nov. 2 deal with senior noteholders to overhaul

XRP Ledger validators are advancing toward approval of native lending capabilities through two interconnected protocol amendments. According to the November 11 voting snapshot, the LendingProtocol amendment received support from 22 of 35 trusted validators, while SingleAssetVault secured 23

Ethereum co-founder Joseph Lubin posted on November 11 that no platform will match ETH's monetary premium within roughly two years. Lubin cited staking, ETH burning, and BitMine's push toward 5% of all ether as supply forces that will tighten availability. The prediction came during a public

Moomoo plans to be among the first U.S. retail brokers to offer NYSE American's Binary Return Options, contracts that pay $100 when a stock or ETF meets a specified closing-price condition at expiration. The broker said the initial program covers 12 underlying securities and five consecutive

PCB manufacturer Boardtek announced its Vietnam production line will enter mass production in 2027 and revealed potential opportunities to supply server boards for space projects during an investor conference held today. The company stated AI server application boards remain its primary growth

Perplexity AI outlined a speculative scenario for NEAR Protocol cryptocurrency that involves a consortium of major technology companies and AI research institutions designating NEAR as the primary blockchain for a decentralized AI agent network by early 2027. The prediction, described as highly

Xuran International (4556), a Taiwan-based filtration equipment manufacturer, announced Q3 2026 consolidated revenue of NT$225 million on Nov 12, marking 28% quarter-over-quarter growth and 40% year-over-year growth, with after-tax net profit of NT$31.14 million and earnings per share (EPS) of 0.74.

Nanpao Resins (stock code 4766) reported third-quarter net profit of 656 million TWD with earnings per share of 5.44 TWD, up 9.5% year-over-year, driven by new product development, new customer acquisition, and market share expansion. For the first nine months, the company posted net profit of 2.323

Yuanta S&P 500 ETF (00646) rose on the 12th while Taiwan stocks fell due to US tech stock issues, according to market data. The ETF reached a new high of 47,000 regular investment accounts in October, maintaining its lead among overseas ETFs, Taiwan Stock Exchange data shows. Total investors reached

Mega Securities and CommonWealth Magazine co-hosted a forum titled 'The Next Chapter of US Dollar Dominance: Global Financial Order Reorganization and Taiwan's Opportunities' on November 10, featuring former International Monetary Fund Chief Economist and Harvard University Professor Kenneth

Nomura Holdings Inc. is considering a sale of its cryptocurrency subsidiary Laser Digital, Bloomberg reported November 12. The sale discussions followed substantial losses at Laser Digital amid sharp swings in the cryptocurrency market. The unit is considered a key factor behind Nomura's ¥7.4

The 21Shares XRP ETF (TOXR) reported an 18.73% loss in net asset value returns for the first nine months of 2026, despite rebounding 42.62% during the third quarter, according to a November 10 SEC filing. The fund's assets declined to $159.7 million by September 30, from $247.7 million at the end of

Taiwan Index Company (TIP) and the Taiwan Stock Exchange Asia Asset Management Center Promotion Office held the 'New Wealth, New Strategy in Asset Management' forum on the 12th to support the Financial Supervisory Commission's Asia Asset Management Center policy. The forum explored global ETF

Silicon Valley and Wall Street are increasingly focused on who could succeed Nvidia Chief Executive Officer Jensen Huang, according to foreign media reports on Nov. 12. The discussion encompasses three categories of candidates: internal executives including Chief Financial Officer Colette Kress and