Gate Cryptocurrency News and Market Analysis

Taiwan-listed pharmaceutical company Handa (6620-TW) reported net profit of NT$125 million for the first three quarters of 2025, down over 70% year-on-year, as one-time licensing revenue from Phyrago in 2024 created a high comparison base. On November 3, US-based Exelixis filed a second patent

South Korea's government will temporarily ease collateral rules on margin loans starting Nov. 9 to break a vicious cycle of falling share prices and forced selling in the stock market. Vice Prime Minister and Finance Minister Lee Hyeong-il chaired a joint market-monitoring meeting at the government

KB Securities maintained a 'buy' rating on SK Hynix with a target price of 3.5 million KRW on Nov 2, citing significant undervaluation despite the memory chipmaker's record-breaking profitability. Analyst Kim Dong-won noted the

Takenos, a Latin American fintech company, raised $7 million on Nov. 5 to build a stablecoin-based financial network. The funding will support the company's expansion from six countries to more than 15 by 2027. Takenos currently processes over $5 billion in annual transactions across Argentina,

London Metal Exchange (LME) three-month base metal futures showed mixed results on November 5, with copper futures declining 1.7% to $13,774 per ton while nickel rose 2.8% to $16,315 per ton. Market concerns centered on potential limitations to artificial intelligence infrastructure investment

European supermarkets including Carrefour, IKEA, Coop, and SuperValu experienced cyberattacks on refrigeration systems in recent weeks, with incidents beginning in October affecting hundreds of French stores and expanding this week to Sweden, Belgium, and Ireland. The attacks targeted temperature

Baidu's ERNIE team announced on Nov. 5 that it had released ERNIE-5.5-Flash-Base, the original pretrained version of the ERNIE 5.5 Flash model, on Hugging Face. This sparse mixture-of-experts language model has 280 billion parameters, activates 14 billion parameters per token, and was trained from scratch on 33.5 trillion tokens. Open-Source Release and Licensing: Original Pretraining Checkpoint in FP8 and BF16 Formats, Under License Agreement v1.0 According to Baidu, ERNIE-5.5-Flash-Base is an

Wangpin Group, a Taiwan-based restaurant chain operator, reported third-quarter 2026 consolidated revenue of 6.607 billion TWD, a quarterly increase of 3.26% and annual increase of 12.2%. Net profit attributable to the parent company reached 368 million TWD, up 7.75% year-on-year, with earnings per

COMEX December gold futures closed up $40.5 or 1% at $4,113.5 per ounce on November 5, supported by declining US Treasury yields, while the dollar index rose 0.1% and December silver fell 0.8% to $51.935 per ounce. The gains occurred as lower energy prices reduced inflation concerns, potentially

British AI cloud provider Nscale faces a major setback ahead of its planned $35 billion IPO as Microsoft declined to exercise expansion rights for a Texas data center lease. Nscale clarified this week that the unexercised option involves approximately 500MW of additional capacity at the company's

The Nasdaq index entered an official correction on November 5 local time, declining more than 10% from its recent high, marking the third correction this year following those in March and July, according to analysis from Motley Fool. The correction was driven by concerns over excessive artificial in

Stripe launched Global Payouts, enabling US businesses to send USDC and OUSD stablecoins to crypto wallets across over 160 markets. The financial technology company's expansion integrates cryptocurrency payment capabilities into its existing payment infrastructure. This development positions Stripe

Aspeed Technology (5274) reported record-breaking third-quarter profit and October revenue driven by cloud service providers expanding data centers and rising demand for server management chips. The company announced on November 5 that October 2024 consolidated revenue reached 20.30 billion TWD,

Transcend Information Inc. (stock code 2451) reported third-quarter 2026 net profit of 6.924 billion TWD on Friday, representing a 41.8% decline from the previous quarter but a 358% surge compared to the same period last year, with earnings per share reaching 16.11 TWD for the quarter. The

Taiwan stocks have shown a striking pattern on the Thursdays when the Japanese investment-themed anime “FX Fighter Kurumi” airs over the past six weeks: Since its premiere on Oct. 1, the weighted index has closed lower on five of the six broadcast days, falling a cumulative 4,623.31 points. Taiwan Kadokawa has tracked the market’s performance on each broadcast day on Threads, turning the coincidence into a meme shared by stock investors and anime fans. Closing Data on Broadcast Days: The Index R

Korean government bond futures opened sharply higher on November 6, with 3-year futures rising 15 ticks to 103.84 and 10-year futures gaining 23 ticks to 109.42 as of 9:18 AM. The surge followed a steep selloff in US technology stocks after the Democratic Party's sweeping victory in the US midterm e

KEPCO President Kim Dong-chul stated at a November 4 press conference that electricity rates should be linked to fuel costs to align with supply-demand principles, explaining that international price fluctuations should be reflected in domestic electricity rates. The statement comes as South Korea's

The Philippines' unemployment rate rose to 5.4% in September 2026, with 2.86 million Filipinos unemployed, up from 2.77 million in August, the Philippine Statistics Authority (PSA) reported on Friday, November 6. The increase occurred as the country's labor force grew by 1.63 million to 53.19 millio

Asian stocks plunged after markets opened on November 6. The Korea Composite Stock Price Index (KOSPI) fell more than 8% intraday, triggering a circuit breaker that halted trading in all KOSPI-listed stocks for 20 minutes. Yonhap News Agency said this was the 10th circuit breaker triggered this year. Tokyo markets also tumbled: the Nikkei 225 fell more than 4,100 points at 9:29 a.m., slipping below 57,000 for the first time in about six and a half months. KOSPI circuit breaker: Triggered at 9:03

Europe’s largest asset manager, Amundi, announced on November 5 that it had added tokenized shares to its flagship European equity fund, Amundi Core STOXX Europe 600, and issued them on Ethereum. The tokenization technology and infrastructure are provided by European asset servicer CACEIS. According to RWA.xyz data, the total value of tokenized stocks reached $4.24 billion on November 4. Tokenized Share Details: Coexisting with Traditional Shares, Fund Operations Unchanged, Traditional Subscript