Gate Cryptocurrency News and Market Analysis

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

The three major U.S. stock indexes traded higher on November 13. The Nasdaq Composite rose 0.46% from the previous session to 25,597.23, the Dow Jones Industrial Average gained 0.44% to 52,717.45, and the S&P 500 increased 0.40% to 7,649.67. FAQ What were the closing values of the major US stock

The US Treasury Department is pursuing a plan to impose bank-level counterparty due diligence requirements on stablecoin issuers, according to a report by Solid Intel on November 12. The move aims to tighten counterparty verification standards for stablecoin issuers to the level applied to banks. Th

AI platforms are automating commercial loan underwriting by handling document analysis, financial statement spreading, and credit memo drafting. Provenir's 2026 survey of 203 senior financial-services decision-makers found that 87% trusted AI-driven decision outcomes, while 97% still reported

CryptoQuant's top ten Bitcoin analysts recorded a sentiment score decline from 79 to 58 over roughly four weeks, while the broader analyst cohort's sentiment eased from 77 to 68 in the same period, according to data from CryptoQuant's Analyst Consensus platform. The platform's Analyst Consensus

Anchorage Digital announced Thursday a partnership with Visa enabling select Anchorage-issued stablecoins to settle transactions directly on VisaNet, beginning with Western Union's USDPT token. The collaboration allows Visa and eligible companies to use USDPT, a dollar-pegged stablecoin issued and c

Louis Navellier has run growth-stock research since 1980 through Navellier & Associates, building a quantitative system that screens thousands of stocks for earnings momentum and institutional buying pressure. A third-party review of Navellier's investment framework examines how traditional Wall

North Korean hackers created six Elon Musk-themed memecoins on the NEAR blockchain to launder stolen cryptocurrency from the $6.4 billion Binance hack, according to blockchain analytics firm Elliptic. The hackers moved 117,000 NEAR tokens worth $430,000 through the homemade coins between

ARK Invest disclosed research on November 11, 2026, revealing that the cryptocurrency industry has lost approximately $26.9 billion to hacking incidents since 2017, equivalent to 57 cents for every dollar generated in on-chain revenue over the same period. Lorenzo Valente, ARK Invest's head of

Lossless Protocol, Nexus Mutual, and InsurAce offer distinct approaches to DeFi insurance, addressing a market where crypto hack losses reached $3.4 billion in 2025 yet less than 2% of DeFi total value locked is covered by insurance, according to Nexus Mutual founder Hugh Karp's estimate. The

President Donald Trump endorsed Apple Chairman Tim Cook as the ideal successor to Nvidia CEO Jensen Huang following Huang's resignation announced on November 12. Walter Bloomberg reported that Trump identified Cook as the "only one person" capable of replacing Huang, whom he praised for doing "a