Gate Cryptocurrency News and Market Analysis

Bitcoin failed to stage a clear rally even as US technology stocks rebounded on November 9, with the Nasdaq 100 jumping 3.4% while Bitcoin posted only limited gains, Bloomberg reported on November 10. The divergence reflects slowing institutional inflows, as more than $1 billion was pulled from US s

Quanxin (2455), Global PMX-KY (4991), and Wah Lee (4979) stocks rallied on Nov 10, with each hitting or approaching their daily limit-up prices on Taiwan's stock exchange. Quanxin closed at NT$369.5, up 8.2%, after touching NT$375.5 intraday; Global PMX surged to NT$352 limit-up; Wah Lee reached NT$

Tom Lee, co-founder of Fundstrat and chairman of Bitmine, reaffirmed his long-term bullish stance on Ethereum in X posts on Nov 10, citing a tokenization supercycle as the primary driver. Bitmine purchased 9,587 ETH, lifting total holdings above 6 million tokens, roughly 5% of total supply. Lee

Oil prices fell for a second consecutive day on November 10 as relief over the reduced likelihood of US-Iran military conflict weighed on markets, with West Texas Intermediate crude declining $0.81 to $86.04 per barrel and Brent crude dropping $1.08 to $91.49 per barrel. The decline was driven by

Polymarket's US prediction-market platform recorded a 266% increase in monthly trading volume from June to October, rising from $4.04 billion to $14.77 billion, according to data compiled by analytics platform Ticker Tracker using total contract payouts reported by Cointelegraph on November 10.

Taiwan's National Stabilization Fund announced market entry on 11/9 after Taiwan stocks fell below the 40,000-point level on Friday. The market rallied over 3,400 points across two days following the announcement, recovering the 42,000 level. Investment expert 股魚 analyzed the fund's stock

The U.S. Commodity Futures Trading Commission issued a no-action letter on November 5 allowing derivatives clearing organizations to use trust companies for daily settlement operations, a function previously limited to banks under CFTC rules. The action responded to a request Nodal Clear submitted o

Sen. Elizabeth Warren and Sen. Jeff Merkley sent a letter on Nov. 10 to White House Counsel Will Scharf demanding specific measures to prevent insider trading in prediction markets. The letter followed a case where a former White House staffer used advance knowledge of President Donald Trump's

Plume affiliate Kimber Digital Securities secured registration with the Securities and Exchange Commission and membership in the Financial Industry Regulatory Authority as a U.S. broker-dealer, the company announced November 10. The approval allows KDS to conduct broker-dealer activities

The US Department of Agriculture released its weekly export inspection report on November 9, covering the week ending November 5. US wheat exports reached 248,536 tonnes, corn exports totaled 905,267 tonnes, and soybean exports amounted to 1,896,151 tonnes. The data reflects routine weekly

At the Vietnam Digital Finance Security Forum 2026, CAEX’s CEO presented a plan to directly connect banking infrastructure with licensed crypto asset exchanges. According to TripleA, around 17 million people in Vietnam currently own digital assets, accounting for 17% of the population, with crypto asset trading value estimated to have exceeded $220 billion in 2025. The initiative aims to increase transparency and security in trading while narrowing the current gap between fiat and digital assets

Injective mainnet stopped producing blocks for four hours and 24 minutes on Monday evening, with the last block recorded around 22:05 on November 9 and production resuming around 02:29 on November 10. Two conflicting explanations emerged: an administrator in Injective's official Telegram community d

Taiwan's 00406A ETF declined 33% over a recent 4-week period, exceeding the Taiwan stock market's 21% drop during the same timeframe and affecting 547,600 investors. The price briefly fell to 6.85 TWD, marking continued trading below its June launch price. Investment analyst '小股東的大投資' attributes the

On-chain data published on Nov. 10 recorded 7.12 million BTC, 35.4% of Bitcoin's issued supply, held behind visible public keys while remaining unspent. Address reuse drives the exposure, accounting for 25.8% of issued supply, with 11.6% of all coins sitting on reused addresses controlled by

Veteran analyst Du Jinlong disclosed his latest stock picks following last week's severe correction in Taiwan stocks, which saw the TAIEX index drop 12,000 points from its peak—a 24% decline—before the National Stabilization Fund announced market intervention. Du maintains core holdings in

CoreWeave reported quarterly revenue of $3.66 billion, surpassing analyst expectations of $3.55 billion, and shares climbed in extended trading on Tuesday. The neocloud provider raised its full-year 2026 guidance, now projecting $13.0 billion

CoreWeave, a former crypto miner, is set to report its third-quarter earnings after the U.S. market closes on Nov. 10. Options traders are pricing in a potential double-digit stock swing. The report follows a difficult month for the AI infrastructure company, which has drawn criticism from CNBC

OpenAI has acquired Odessia, an AI travel agent startup, according to Odessia founder Francis Davidson. Davidson announced the deal in a social media post, stating he now works for OpenAI helping with the future of travel. The acquisition terms were not disclosed, and OpenAI has not publicly

Sen. Richard Blumenthal (D-Conn.) sent letters on Nov. 5 to Binance, Tether, and two crypto ventures tied to President Donald Trump, setting a Nov. 30 deadline to begin producing records and a Jan. 4 deadline for completion. The letters, shared two days after midterm elections gave Democrats

Coinbase, Kalshi, and four other companies filed an amicus brief in federal court defending the Commodity Futures Trading Commission's authority to permit perpetual futures contracts tied to individual U.S. stocks. The filing supports the CFTC against a lawsuit from the Capital Markets Alliance