Gate Cryptocurrency News and Market Analysis

Ripple CEO Brad Garlinghouse reaffirmed XRP as the company's central focus during an interview at Ripple Swell, stating that the RLUSD stablecoin expansion supports rather than competes with XRP. Garlinghouse explained that roughly half of all RLUSD is issued on the XRP Ledger (XRPL), bringing

HSBC revised its price targets for Arm Holdings and Visa, according to a BlockBeats report on Nov. 5. The investment bank lowered its target price on chip designer Arm Holdings to $215 from $230, while raising its target price on payments company Visa to $465 from $375. Arm shares closed at $191.80

GLOBALFOUNDRIES reported third-quarter 2026 revenue of $1.899 billion, up 6% quarter-over-quarter, with gross margin reaching a company-record 31.4%. The chipmaker posted diluted earnings per share of $0.53 and net income of approximately $298 million for the quarter. The financial performance

President Donald Trump stated on November 4 that any Democratic impeachment effort against him would backfire on the party, speaking to reporters at a White House construction site for a new banquet hall. Trump made the remarks while also addressing his position on Defense Secretary Pete Hegseth, st

Cathay Financial Holdings accelerated integration of its asset management, corporate banking, and digital service operations in 2026, with subsidiary Cathay Securities Investment Trust establishing an independent research department staffed by approximately 45 dedicated researchers and over 70

South Korea's National Health Insurance Service (NHIS) delayed the establishment of repo funds from the original schedule, as confirmed on the 5th, with some asset management firms and related investors notified the previous day. The delay stems from NHIS considering its fund availability and

Coinbase announced on Wednesday that more than 99% of customer cryptocurrency assets are stored in offline cold storage and that the exchange's systems and customer funds remained unaffected by the Binance hack. The statement came in response to the 29 October incident in which approximately

Industrial computer manufacturer Advantech (2395-TW) today (5th) announced its management succession plan. Founder Liu Ko-Chen will transition to non-executive chairman effective January 1, 2027, with current Embedded IoT Group General Manager Chang Chia-Hao succeeding him as CEO. The move

South Korean government officials clarified the mechanics of cryptocurrency loss carryforward deductions during a briefing on November 5. Deputy Prime Minister and Minister of Economy and Finance Lee Hyeong-il, Tax

Tesla (NASDAQ: TSLA) closed at $385.19 on Wednesday 4 November, down $13.31 or 3.34 percent, while the Dow Jones Industrial Average posted its best session in 19 months with a 3.00 percent gain and the S&P 500 rose 1.58 percent. The stock slipped another 1.01 percent to $381.30 in after-hours

Credit rating agency Fitch downgraded France's sovereign credit outlook from stable to negative on October 30, while maintaining the long-term issuer default rating at A+. The downgrade reflects France's worsening fiscal position and escalating social unrest, which have increased the difficulty of s

Taiwan Business Bank (臺企銀, stock code 2834) reported a record net profit of NT$11.454 billion for the first three quarters of 2026, with earnings per share reaching NT$1.1. The bank's Q1-Q3 2026 net interest income rose 13.36% year-over-year to NT$16.656 billion, while fee income increased 3.45% to

The newly established International Family Office Federation (IFFO) has attracted associations from Belgium, France, Lithuania, and Canada to build a global family office network. The move comes as the number of ultrawealthy people rises rapidly, driving strong growth in the wealth management industry and increasing demand for organizations to share expertise and deal leads. The ultrawealthy are strengthening ties to address shared issues such as business succession, intergenerational wealth tra

JPMorgan issued a report on November 3, 2026, stating that the People's Bank of China and the China Securities Regulatory Commission's optimization of two capital market policy tools is not a 'bazooka-style' rescue measure but clearly signals support for the stock market. The bank noted that the

Emerson Electric reported Q4 FY2026 results on November 5, showing resilient operational performance. Base orders increased 14% quarter-over-quarter, revenue grew 7% quarter-over-quarter, and adjusted earnings per share reached $1.86, while adjusted business unit EBITDA margin expanded 160 basis

Datadog reported Q3 FY2026 results on November 5, 2026, posting revenue of $1.197 billion, up 35% year-over-year. Remaining performance obligations reached $3.85 billion. The company attributed strong performance to accelerated adoption of AI and agent-related features driving expansion among

Bitcoin rebounded above $80,000 on November 4, 2026, reversing a sharp selloff triggered by uncertainty surrounding the US midterm elections. The world's largest cryptocurrency climbed as much as 4.2% during the session, briefly exceeding $81,000 after falling to approximately $75,600 earlier in the

Tether reduced its physical gold holdings by approximately 3 tonnes in the third quarter to 165 tonnes, marking the first quarterly decline since becoming a major buyer last year. The reduction follows rapid accumulation that nearly doubled holdings from approximately 90 tonnes in June 2025.

Global stock funds attracted net inflows of $10.19 billion in the week ending October 28, marking the sixth consecutive week of capital inflows, according to LSEG Lipper data. US stock funds experienced a net outflow of $6.65 billion during the same period, the first outflow in three weeks, as