Gate Cryptocurrency News and Market Analysis

The Bank of Japan released data on November 12 showing Japan's Producer Price Index (PPI) for October 2026 reached 136.8, rising 7.1% year-over-year and marking the highest level since records began in 1980. The surge was driven by non-ferrous metals prices soaring 31.7% and petroleum/coal

ADI PredictStreet, the FIFA World Cup’s official prediction market partner, removed references to using the WLFI-backed stablecoin USD1 from its website after the midterm elections, following multiple inquiries from Bloomberg, and replaced them with references to USDC. On-chain analysis commissioned by Bloomberg from TickerTracker found that PredictStreet actually uses USDC on its platform. Bloomberg-Commissioned On-Chain Analysis Finds No Transactions Showing PredictStreet Used USD1 According t

Taiwan stocks opened lower today with the benchmark index at 44,180.46 points, down 76.69 points, as TSMC declined over 1% while MediaTek and Delta Electronics moved higher. The mixed opening followed positive US market performance driven by AI cloud provider CoreWeave's better-than-expected

The Block reported on Nov. 12 that the U.S. Securities and Exchange Commission (SEC) filed an amicus brief supporting the Commodity Futures Trading Commission (CFTC) in a dispute over regulatory jurisdiction for single-stock perpetual derivatives (perpetual contracts linked to U.S. stocks). The filing came after the industry group Capital Markets Alliance (CMA) sued to overturn the CFTC’s approval of these products. Core dispute: Which agency should regulate single-stock perpetual contracts? The

Bitcoin (BTC) remained weak on November 12, trading at $73,802. According to CryptoQuant on-chain data, about 47,300 BTC flowed into exchanges at a loss over the past 24 hours, while profitable inflows totaled only about 1,100 BTC. Total inflows were approximately 48,500 BTC, worth about $3.6 billion at $74,000 per bitcoin. CryptoQuant: 47,300 BTC flowed into exchanges at a loss over 24 hours; total inflows were worth about $3.6 billion According to CryptoQuant on-chain data, as of November 12,

The USD/KRW exchange rate maintained downward pressure on the 12th as offshore investors engaged in stop-loss dollar selling through foreign banks, despite heightened US inflation concerns and Federal Reserve 'big step' (50bp rate hike) possibilities. The rate fell below the 1,340 won level

According to a Nov. 11 report by The New York Times, citing five people who had worked at NVIDIA, CEO Jensen Huang had an affair with a senior executive who reported to him, in addition to the previously scrutinized situation. The report identified the executive as Kimberly Powell, NVIDIA’s vice president of healthcare. The relationship had not been previously reported, and the sources requested anonymity. NVIDIA shares fell about 8% in after-hours trading. The New York Times cites five people f

Naver Financial division reported Q3 revenue of 487.7 billion won, marking a 14.1% increase from 427.3 billion won in the same period last year, driven by expanded terminal deployment that boosted offline payment transactions. The revenue growth stemmed from the company's NPay Connect terminal expan

Sh Suhyup Bank Vice President Yang Ki-tae stated on November 12 that the Federal Reserve should carefully consider the necessity of additional rate hikes, given differences in inflation pressure shown in recent price indicators. While the US October Consumer Price Index released on local time Novemb

Hyundai Motor Securities economist Choi Je-min found that appreciation pressure on the South Korean won in August exceeded the actual observed exchange rate decline, according to analysis using the Exchange Market Pressure (EMP) index published on the 12th. The analysis incorporated reserve asset

Sen. Elizabeth Warren is preparing a sweeping investigation into the cryptocurrency industry as the new Congress convenes in January, targeting the Trump family's digital-asset businesses, a bank charter approval process, and alleged insider trading in prediction markets. Bitcoin.com reported on

South Korea's government recorded a fiscal deficit of 32 trillion won during the January-September period, marking the smallest deficit in 8 years since 2018, according to the Monthly Fiscal Trends November issue published by the Ministry of Economy and Finance on the 12th. The deficit reduction

Tencent has launched LoopForge, a cloud-based AI R&D platform that it has also open-sourced, in which multiple AI Agents work around the clock in the cloud from a single natural-language requirement. According to the author's hands-on test, the platform is designed to move the entire R&D workflow to

South Korea's Fair Trade Commission imposed a record KRW 1.376 trillion fine on 10 securities firms the previous day for treasury bond bid-rigging. The fine, part of a total KRW 1.6266 trillion penalty including 5 banks, equals 18.1% of the securities firms' combined net profit from last year. The s

Seoul bond market participants monitored US stock market movements on November 12 as AI investment concerns eased. Major US indices rebounded with the S&P 500 rising 1.31%, Nasdaq gaining 1.60%, and the Philadelphia Semiconductor Index surging 5.66%, while the New York bond market remained closed

SanDisk (NAS:SNDK) stock surged on the 11th after Evercore ISI maintained its 'Outperform' rating and $2,500 price target on the NAND flash company. The investment firm cited strong datacenter demand and structural changes in the memory manufacturer's business model that investors are

NVIDIA CCluster documentation describes beta support for NVIDIA Dynamo inference deployments, backed by one CPU-only Frontend and GPU-powered vLLM workers. HTTP deployments expose an OpenAI-compatible API, while gRPC deployments expose the KServe v2 inference protocol. The platform manages the Dynam

South Korea's Blue House on the 12th reaffirmed that the Cheonghae Unit's expanded operational area will not involve participation in US-led military operations or wars, a senior official stated. The government passed a revised motion on the 10th to extend the unit's deployment and expand its operat