Gate Cryptocurrency News and Market Analysis

Bitcoin Cash reversed from the support zone at 215.00 and can be expected to correct toward resistance level 240.00. The reversal occurred from a support zone combining the 215.00 level (active since July), the support trendline of the daily down channel from September, and the lower daily

Malaysia and Singapore have intensified investigations into AI hardware shipments on November 13, with Malaysia probing whether Speedmatrix re-exported restricted processors and Singapore charging Chinese national Shi Bingzhe over 917 smuggled servers containing Nvidia accelerators. The probes

Stand With Crypto projects that the 120th Congress will seat more than 300 pro-crypto lawmakers, up from roughly 96 in 2023, according to Mason Lynaugh, the group's executive director, who spoke in a Friday interview. The figure reflects the group's race tracker showing 29 of its 45 endorsed

US Treasury Secretary Scott Besent stated on the 13th (local time) that the Federal Reserve must recognize current inflation stems from energy supply shocks and urged the Fed to maintain an open mind on policy decisions. In a CNBC interview following the midterm elections, Besent argued against

Anthropic, an artificial intelligence startup, is planning to exclude investors based in China and Hong Kong from its initial public offering, according to a report by Walter Bloomberg on November 13. The policy would apply to investors in these regions, though the specific criteria for the

Intel posted initial GCC compiler patches for Coral Rapids and Razor Lake processors on 13 November 2026, providing new ISA features and enablement for both CPUs. The patches are part of Intel's practice of upstreaming new CPU targets into open-source compilers well ahead of product launches. Becaus

Micron Technology (NASDAQ: MU) shares faced renewed selling pressure on November 12 after surging nearly 12% in the previous session. Investors reassessed the sustainability of the artificial intelligence memory boom and the chipmaker's extraordinary earnings growth, following a Wednesday rally that

Innolux Corporation (3481), a major panel manufacturer, announced on November 13 its third-quarter financial results showing net profit attributable to parent company owners of 76.91 billion TWD, up 69.7% quarter-on-quarter and over 113 times year-on-year, with earnings per share of 0.96 TWD. The

Kenmec Mechanical Engineering held an investor conference on November 13, reporting strong demand for AI terminal product testing and continued order transfers driven by the U.S. Federal Communications Commission (FCC) restrictions on mainland China laboratories, with the current quarter expected to

Hyperliquid (HYPE) trades at $72.53 on Friday, 26% below the $97.99 all-time high set on September 23, after testing the $68-$70 support zone with an intraday low of $69.91. The decline accelerated following two large wallet sales totaling approximately $109 million of HYPE on October 31. The drop o

Optical communications stocks regained market attention following Coherent's (COHR) earnings release last week, which showed Q1 FY2027 revenue of $2.37 billion, up 50% year-over-year, and Non-GAAP EPS of $2.09, up 80% year-over-year, both exceeding expectations. The strong results, driven by 79% yea

Lianyi Optical (3441) disclosed its October financial results on the 13th following recent stock price volatility. The company reported after-tax net profit of NT$15.59 million for October, representing a year-on-year increase of 159%, with earnings per share of NT$0.39. The disclosure was made in a

Unimicron and Taiwan's substrate industry are experiencing surging demand for high-end ABF substrates driven by AI servers, high-speed switches, GPUs, ASICs, and advanced memory applications. The Taiwan Printed Circuit Association (TPCA) and the Industrial Technology Research Institute (ITRI)

Nvidia recently agreed to purchase approximately $10 billion of Anthropic shares through a $26 billion private placement concurrent to Anthropic's upcoming initial public offering. This investment ties Nvidia with Google as the largest investor in the deal and adds to a $10 billion funding

MEGA, the development team behind Ethereum layer-2 network MegaETH, cut 20% of its workforce as part of a business restructuring, The Block reported on Nov. 13. The layoffs were tied to a strategic pivot as the team shifts to a new business direction. MEGA had previously announced plans to

Jensen Huang resigned from three positions at NVIDIA including the role of CEO, a move that may position cloud service providers (CSPs) as beneficiaries according to market analysis. CSPs maintain large-scale operations with capacity locked through long-term strategic contracts, leading to

Three-month copper futures on the London Metal Exchange fell to $13,515 a ton on Thursday, the weakest reading since July and roughly 9% below September's record of $14,875. The decline was driven by an AI technology sector selloff and renewed Federal Reserve rate hike expectations following a

OpenAI on Friday announced ChatGPT Wallet, a new payment feature that enables its 'dots' artificial intelligence agents to make purchases on behalf of users. The company built ChatGPT Wallet in partnership with American Express, Mastercard and Visa, allowing cardholders to maintain their existing

The Depository Trust & Clearing Corporation (DTCC) announced on November 12 plans to integrate Solana into its tokenization service, with the connection scheduled for the second half of 2027. The Wall Street infrastructure giant intends to make eligible assets held by its subsidiary, The Depository

Bank of America Global Research revised its Federal Reserve interest-rate forecast on Nov. 13, adding a 25-basis-point hike in January 2027 to its previous outlook. Walter Bloomberg reported the update, which now projects three rate increases: December 2026, January 2027, and March 2027. The January