Gate Cryptocurrency News and Market Analysis

Austan Goolsbee, president of the Federal Reserve Bank of Chicago, stated on November 12 that the Federal Reserve is failing to meet its policy goal of price stability. Walter Bloomberg reported Goolsbee's remarks, in which he said the central bank "is not fulfilling its mandate on the price stabili

Semiconductor Manufacturing International Corporation (SMIC) released unaudited results for the three months ended September 30, 2026, on November 12, 2026. Revenue was $3,190.0 million in 3Q26, up from $3,005.6 million in 2Q26 and $2,381.8 million in 3Q25, and gross profit reached $953.2 million, w

Visa is partnering with Anchorage Digital to integrate Western Union's stablecoin USDPT into its payments and settlement network, according to a Cointelegraph report on November 12. The partnership will allow eligible partners to use USDPT to meet settlement obligations generated on VisaNet. USDPT i

The U.S. Federal Reserve Board (FRB) announced on the 12th that it had updated the 2027 FOMC schedule, planning seven meetings on January 26-27, March 16-17, April 27-28, June 8-9, July 27-28, September 14-15, and December 7-8, while removing the October meeting. FRB Updates 2027 FOMC Schedule The U.S. Federal Reserve Board (FRB) has changed the schedule for the Federal Open Market Committee (FOMC) meetings in 2027. The revised FOMC schedule removes the October meeting from the previous plan. Sc

AMD introduced the Instinct MI450X GPU on AMD Helios, with 288 GB of HBM4 memory per GPU, as part of its Instinct MI400 Series update. In November 2026, AMD also shared measured inference results for the Instinct MI455X GPU on the AMD Helios rackscale solution. The company says the MI400 Series now

Google's Gemini AI chatbot app is coming to Apple CarPlay, according to a 9to5Mac report dated Nov 11 2026. The company confirmed the rollout and said it is bringing the full Gemini Live conversation experience to CarPlay starting today. CarPlay is an Apple feature that brings communication and ente

Seven US-listed stocks including Sanmina (SANM), Cirrus Logic (CRUS), DT Midstream (DTM), Reliance (RS), Black Hills (BKH), Kyndryl (KD), and AECOM (ACM) posted gains ranging from 1.05% to 6.51% on November 13, 2026. Sanmina led with a 6.51% surge to $169.62 despite no recent operational

Brian Mast, Chair of the U.S. House Foreign Affairs Committee, stated on local time 12th that former NVIDIA CEO Jensen Huang has tentatively agreed to provide closed congressional testimony. Mast expects Huang to testify within one week, according to CNN. The testimony stems from ongoing

X trader ZAYRO disclosed aggressive spot accumulation of Solana within the past day, calling current levels near $80 'practically free money' and stating the token is nearing the end of a manipulation phase before a substantial rally. Trader Curb projected a Solana all-time high above $1,000 after a

Dogecoin trades at $0.0656 on Thursday, more than 90% below the all-time high of $0.73 set in 2021, with market capitalization near $10.3 billion. The coin is down 4.7% over the past 24 hours and has traded beneath $0.10 for most of 2026. The network

Bitcoin dropped below $73,000 in a 24-hour period that saw $723 million in crypto positions liquidated, with nearly 79% of losses coming from long bets. The decline followed October's US Consumer Price Index report showing 0.4% month-over-month inflation, exceeding the 0.3% forecast, and

BNY is partnering with blockchain infrastructure provider Figment to offer cryptocurrency staking services to institutional clients through its existing Digital Asset Custody platform, the companies announced Thursday, November 12. The arrangement will give eligible asset managers, exchange-traded f

Haseeb Qureshi of crypto investment firm Dragonfly Capital stated that Bitcoin is highly unlikely to reach $1 million by 2030. Cointelegraph reported on November 12 that Qureshi described projections for Bitcoin to hit $1 million by 2030 as 'almost certainly not going to happen' in a recent

Chailease Holding (5871-TW) reported that its China credit portfolio reached RMB 51.2 billion at the end of the third quarter, up 2% quarter-over-quarter and accounting for 29% of the group's total credit portfolio. For the first three quarters, the China market delivered net profit of NT$6.256 bill

The US federal government in late October mandated that new data centers exceeding 100MW must install self-generation facilities to avoid straining civilian power supplies. Taiwan-based Teco Electric (1504-TW) stated this regulation is expected to slow US data center construction, with nearly half o

Tatung Holdings (3701-TW) reported October 2026 consolidated revenue of NT$1.19 billion, up 93.95% year-on-year and 18.62% month-on-month, marking the highest monthly figure in 2026. The growth was driven by shipments from the company's new optical communications manufacturing plant. In the first

Teco Electric & Machinery (1504) achieved over 80% of its data center order target by the end of October, with the company projecting total 2026 orders to exceed NT$10 billion. The engineering-based projects require revenue recognition in stages according to construction progress. Orders primarily o

Edison Opto (3591-TW) is bringing optical design in-house through a new joint venture approved by its board on November 9, 2026. The company's subsidiary Aifa Investment will hold a 55% stake in the newly established Ace Optics, partnering with Hong Wei International to create what Edison Opto

Teco Electric (1504-TW) reported 1.4 billion NTD in Q3 2026 revenue for its Air Conditioning Technology unit, down 14.4% year-over-year. Cumulative first three quarters reached 4.7 billion NTD, declining 12.5% YoY. The revenue drop results from the company reallocating resources from residential