Gate Cryptocurrency News and Market Analysis

South Korea's five largest non-life insurers reported a combined net profit of KRW 1.6342 trillion in Q3, down 5.1% year-over-year, as improved core insurance operations were offset by a sharp decline in investment income driven by stock market weakness. Samsung Fire & Marine

Taiwan stocks rebounded on the 13th with the weighted index rising 583.25 points to close at 43,675.12, after intraday gains approached 1,400 points. ASIC and semiconductor stocks led the rally, with Creative surging 9.54% to 8,610 TWD and touching the limit-up price of 8,645 TWD during trading,

Bitcoin crashed below $69,000 on November 12, triggering a market-wide selloff as Ethereum fell 6% to $1,920 and major altcoins recorded losses exceeding 6%. The decline follows a $14.2 billion contraction in stablecoin supply over 30 days—the sharpest drop since the 2022 bear market—as reported

NVIDIA faces leadership vacuum risk following Jensen Huang's resignation as CEO after 33 years amid scandal aftermath, with analyst Kang Jae-gu of Hana Securities predicting inevitable short-term stock underperformance. The resignation stems from what the source describes as scandal repercussions, p

JPMorgan increased its Strategy holdings by 36% and expanded its BlackRock iShares Bitcoin Trust (IBIT) position during the third quarter ending September 30. The bank reported 848,932 Strategy shares worth $131.3 million and 11.4 million IBIT shares valued at $540 million, reflecting

Nvidia's board has approached Arm CEO Rene Haas as a potential successor to Jensen Huang, according to the Financial Times, putting a former Nvidia executive in contention for the role. Huang resigned Thursday after 33 years leading the company, following reports of extramarital relationships. The a

GS E&C made a subrogation payment of 112.5 billion won on the 13th to cover its subsidiary Energy Materials' debt to Korea Development Bank. The construction firm took this action to preemptively prevent financial risks after KDB notified an event of default (EOD) following Energy Materials' 休업

DeepSeek now makes its App capabilities available via API, including web search, file input, URL reading, safety checks, ASR, and TTS. The company states that these capabilities, which power the DeepSeek App, can be enabled with a few parameters or called as standalone APIs such as OCR, ASR, and TTS

SpaceX successfully caught the upper stage of its Starship rocket on Saturday using mechanical arms at its launch tower in Starbase, Texas. The milestone came one day after the rocket's booster exploded on Friday during Test Flight 15. Test Flight 15 marked the first time SpaceX attempted to catch b

MEGA, the organization behind Ethereum Layer 2 network MegaETH, reduced its workforce by 20% while committing $30 million to artificial intelligence products. Co-founder Shuyao Kong confirmed in a November 13 statement that several months of restructuring resulted in staff departures across

Taiwan's three major container shipping companies — Evergreen (2603), Yang Ming (2609), and Wan Hai (2615) — reported combined October revenue of 98.088 billion TWD, with year-over-year growth rates all surpassing 80%, despite slower shipment volumes due to China's National Day holiday compared to

Telegram founder Pavel Durov reported more than 1 million self-custodial wallets appeared on the messaging platform within 48 hours, according to an X post. The wallets activate automatically when users receive Grams, removing the need for manual wallet creation. This growth reflects Telegram's

Google's Gemini Apps Help Center documentation lists five Gemini models and states that access to specific models depends on a user's Google AI plan. The documentation says different models are meant for different needs, from quick everyday answers to in-depth analysis of complex problems, and that

Ethereum's staking rate has reached 36.3% of total supply, a new all-time high, according to Token Terminal data. The previous record of 32.4% was set in June 2026. This nearly four-percentage-point increase occurred over five months during a market downturn, with ETH trading near $2,000 and down

U.S. spot Bitcoin exchange-traded funds recorded five consecutive days of net outflows totaling $1.44 billion between November 5 and November 11, as Bitcoin struggled near $73,500 after briefly reclaiming $80,000 on November 4. The sustained institutional withdrawal followed a sharp reversal on Nove

Jane Street disclosed its Bitcoin ETF holdings reached $1.79 billion by Sept. 30, nearly doubling from approximately $926 million at the end of June, according to its Form 13F filed with the SEC on Nov. 12. The Wall Street trading firm dramatically increased its stake in Fidelity's Wise Origin Bitco

Boston Federal Reserve President Susan Collins stated on the 14th (local time) that a steady and gradual monetary policy path appears appropriate for now, while keeping other possibilities open. Collins made these remarks at the annual economic conference hosted by the Boston Fed, noting that

Google CEO Sundar Pichai posted a day-by-day rundown of eight products and research projects Google released from Monday to Thursday this week. The releases span new TPU chips, the Gemini 4 model family, DeepMind research tools, a robotics model, a developer decision endpoint, and smart glasses. The

Tesla's update 2026.38.5.13 brings FSD (Supervised) v14.3.13 to HW4 vehicles, with a release date of November 13, 2026. The update also includes FSD v14.3 Lite for HW3 vehicles, and the source notes that Tesla upgraded the neural network vision encoder to improve understanding in rare and low-visibi