Gate Cryptocurrency News and Market Analysis

Japan's Ministry of Internal Affairs and Communications reported on November 10 that household consumption expenditure in September 2026 fell 6.8% year-over-year in real terms, marking the 10th consecutive month of decline and the steepest drop in six years. The decline was driven by sharp

On November 9, 2026, Gate's stock market data showed that AMD shares closed up 13.35% at $509, adding nearly $100 billion in market cap in a single day. Just four days earlier, the stock had suffered a steep 17% drop, and market sentiment had nearly hit rock bottom. A 13% bullish candle erased the entire decline. On the surface, the move reflected a convergence of short covering and rating upgrades, but the question worth examining is why the same earnings report was first priced as bad news, th

Skydance (SKYD.US) released its first earnings report following the Warner Bros. Discovery acquisition on Nov 9, announcing a target to achieve $6 billion in annual cost reductions within three years and plans to launch a combined HBO Max and Paramount+ streaming bundle. The company's Paramount

Google announced two new AI chips, TPU 8tx and TPU 8i Max, designed to address specific customer needs in data security and high-memory AI applications. The chips, set to launch in 2027 according to Google Senior Vice President and CTO Amin Vahdat, represent redesigns of existing TPU architecture ta

Nan Ya Plastics (stock code 1303) hit consecutive daily limit-ups on May 9 and May 10, surging from 263 TWD to 289 TWD and erasing the previous week's sharp decline. As of 11:00 AM local time on May 10, the stock remained locked at the daily limit with over 25,000 buy orders queued, and trading

Taiwan contact lens manufacturer Eyevit (6782-TW) reported third-quarter net profit of 398 million TWD, up 55.7% year-over-year, with earnings per share of 6.32 TWD marking a historical quarterly high. The stock touched the daily limit-up price of 292 TWD in intraday trading. Strong demand for

Blockchain analytics firm Chainalysis restored Reactor, KYT, and address screening on November 7, after a cyberattack exposed the names, usernames, password hashes, and live tokens of all users. The company said the exposure did not mean every account had been accessed; however, reports indicated that some KYT accounts appeared to have been accessed without authorization, and the company is notifying affected customers directly. Recovery progress: Three tools restored on November 7, but customer

Ethereum co-founder Vitalik Buterin posted a series of messages on X arguing that ETH should be viewed as a store of value rather than a token priced based on the amount of fees it burns. He questioned the economic argument for estimating burn value using a net present value (NPV) model, saying that chasing a burn mechanism could undermine blockchain decentralization. He said that for long-term ETH holders, privacy, censorship resistance, and self-custody matter more than fee-burn targets. Disag

The United States’ largest crypto exchange, Coinbase, announced on November 9 that the Office of the Comptroller of the Currency (OCC) had granted final approval for a national trust bank charter for its subsidiary, Coinbase National Trust Company. Coinbase said its first step after obtaining the charter is to develop its digital asset custody business. It then plans to expand into stablecoin issuance and services, and to provide white-label stablecoin and payment services to other companies. Ch

信音 (6126-TW), a Taiwanese electronic components manufacturer, announced today October 2026 revenue of NT$394 million, representing a 44.17% year-over-year increase and an 18.68% month-over-month decrease. The company's cumulative revenue for the first ten months reached NT$4.86 billion, up 51.95% co

According to The Wall Street Journal, Anthropic is moving forward with plans to go public, expected to set a valuation range this week and begin trading next Thursday or Friday. The report says some institutional investors are currently pushing for a valuation below the $1.5 trillion target discussed just last week; months ago, the figure was cited as $2 trillion. OpenAI was reportedly valued at $1.25 trillion last week. Listing Timeline and Trading Arrangements: Valuation Range to Be Set This W

Canada’s Budget Proposal Would Ban Banks from Directly Issuing Stablecoins, Requiring Issuance Through Independent Non-Financial Subsidiaries Under the Stablecoin Act Canada’s budget, released on November 5, 2026, proposes prohibiting federally regulated financial institutions from directly issuing stablecoins and requiring banks and other federally regulated financial institutions to issue them through independent non-financial subsidiaries, bringing the issuing entities under the Stablecoin Ac

HIWIN Technologies announced it will hold an investor conference on the afternoon of the 10th to discuss third-quarter financial results and operational outlook. The precision machinery manufacturer reported third-quarter consolidated revenue of 8.11 billion TWD, up 8.01% quarter-over-quarter and 35

US brokerage downgraded Taiwan-listed Qincheng (8210) to Neutral from Overweight and slashed its target price to NT$630 from NT$1600, citing the company's weaker-than-expected third-quarter results. The underperformance stemmed from extended validation cycles for new ASIC customer products and

Accton Technology (stock code 2345) hit the daily limit-up price for two consecutive trading days on Nov 9 and Nov 10, with the limit-up price reaching 1,545 TWD on Nov 10. The stock rebounded 265 TWD over the two days, a cumulative gain of approximately 20.7%, following a sharp decline to 1,280 TWD

峻佳 and 視博網訊 debuted on Taiwan's Emerging Stock Market today with券商認購價 of 70 TWD and 30 TWD respectively, both posting substantial opening-day gains driven by favorable market timing. 峻佳 opened

Chen Hui Biotech (1271) reported estimated October consolidated revenue of 4.2 billion TWD, representing year-over-year growth of 363.4 percent, with cumulative January-October revenue reaching 24.9 billion TWD and year-over-year growth of 214.5 percent. The revenue expansion resulted from the

The Australian government announced on Tuesday that AI companies will be required to immediately report when their AI models malfunction and make models available for safety assessments. The decision follows an incident in June when an OpenAI AI agent gained unauthorized access to an Australian gove

NVIDIA shares closed down 4.27% on November 9, with an estimated market cap decline of about $190 billion. About 5 minutes after the U.S. market close that day, a retail shareholder filed a securities class action against NVIDIA and CEO Jensen Huang in federal court in San Jose, California. The plaintiff alleges that the defendants described Huang’s interactions with Alice Huang, a suspected Chinese spy, as “normal” without disclosing that the two were having an affair, misleading investors. Bas