Gate Cryptocurrency News and Market Analysis

U.S. spot Bitcoin ETFs recorded five consecutive days of net outflows totaling $1.44 billion between November 5 and November 11, as institutional investors withdrew capital from the market. Bitcoin trades near $73,500, struggling to reclaim the $75,000 level after briefly reaching $80,000 on Novembe

XRP whales accumulated 65.32 million tokens worth $72 million between November 7 and November 11, while US spot exchange-traded funds recorded approximately $18 million in net outflows across two consecutive sessions on November 9 and November 10. The contrasting behavior occurred as XRP traded

Dogecoin (DOGE) and Pepe (PEPE) remain two of the most closely watched meme coins as 2026 winds down, with Meta AI predicting which will come out on top in 2027. Both tokens have suffered significant drawdowns from prior cycle highs yet continue to attract attention for different reasons. The

Chen Chong, former Premier of Taiwan and Chairman of the New Generation Financial Foundation, delivered a speech titled 'AI: Dream or Nightmare?' at the Jubilee Foundation for Economic Ethics and Christian Culture. Chen warned that the AI competition involves not only humans versus AI but also AI ve

US asset manager Guinness Atkinson launched the K-Beauty ETF (ticker KBTY) on the NYSE Arca on Nov 12 (local time), marking the first US-listed fund targeting Korea's entire beauty industry ecosystem. The ETF closed its first trading day at $25.3957 with 2,943 shares traded, tracking the Indxx K-Bea

Precious metals and base metals futures declined on November 12 as oil prices surged and the U.S. dollar continued climbing to multi-month highs. The sell-off was triggered by President Trump's statement rejecting negotiations with Iran, which drove crude oil prices higher and fueled inflation

Anthropic's initial public offering is set to price on Nov. 18 and begin trading the following day, but CNBC's Jim Cramer raised three key questions Thursday about the AI startup's long-term prospects. The Claude developer plans to offer 825 million shares at $70 to $78 apiece, potentially

South Korea's Kospi opened higher on Nov. 13, rising 2.05% to 5,452.41 despite overnight weakness on Wall Street. The benchmark gained 109.68 points from the previous session, driven by simultaneous advances in Samsung Electronics and SK Hynix. By 9:10 a.m., the index stood at 5,492.05, up 2.79%,

FactSet released a survey covering 15 analysts' earnings forecasts for Wistron (3231-TW), showing the median 2026 EPS estimate revised upward from 18.08 yuan to 18.24 yuan. The survey recorded a highest estimate of 20.9 yuan and a lowest estimate of 15.42 yuan, with a target price set at 289.5 yuan.

Starbucks CEO Brian Niccol stated on the 12th (local time) at the Yahoo Finance Invest conference that while the company currently focuses on core Starbucks growth, future opportunities exist to become a multi-brand restaurant company leveraging its scale and capabilities. Niccol's comments came in

FactSet's latest survey of 11 analysts has revised the 2026 EPS estimate for Chuanhu (2059-TW) stocks downward, with the median falling from 352.18 TWD to 336.97 TWD. The revision reflects updated analyst consensus, with the highest estimate at 393.72 TWD and the lowest at 298.57 TWD, while the

FactSet's latest survey covering Lai Yi-KY (6890-TW) shows 11 analysts revised the 2026 EPS median estimate downward from 11.08 TWD to 10.81 TWD. The estimate range spans from a low of 10.37 TWD to a high of 11.75 TWD, with a target price set at 175 TWD. The survey provides forward-looking

Evergreen Marine (stock code 2603) reported third-quarter consolidated revenue of NT$146.776 billion, up 51.44% year-on-year, with net profit attributable to the parent company reaching NT$46.615 billion, a 114.36% increase, and earnings per share of NT$21.53. The surge was driven by sustained

Flybit, a South Korean cryptocurrency exchange operated by Korea Digital Exchange, announced on the 5th that personal information of 40 customers was leaked through unauthorized external access via its groupware system operator Daou Technology. The breach exposed names, resident registration

President Donald Trump nominated four candidates to serve as commissioners at the Securities and Exchange Commission and the Commodity Futures Trading Commission on Nov. 12, marking the first time he has included Democratic nominees for the two agencies since returning to office. Trump nominated

Six Taiwan financial holding companies announced October 2026 earnings as of November 12, with combined after-tax profits totaling 15.661 billion TWD, representing a 31.53% month-over-month decline and 6.94% year-over-year decrease. CTBC Financial Holdings claimed both the monthly profit leader and

Dimerco Express Corporation (台驊控股, stock code 2636) reported third-quarter revenue of 8.735 billion TWD, up 81.98% year-over-year. Net profit attributable to shareholders reached 511 million TWD, a 194.08% increase, with earnings per share of 3.73 TWD. Operating profit surged 270.04% to 435 million

SynCore Biotechnology (4123-TW) announced its latest financial results, reporting a return to profitability in the third quarter driven by ODM orders from subsidiary Fong Hua Bio-Tech, with after-tax net profit of 12.132 million TWD and earnings per share of 0.02 TWD. The company attributed the turn

At the Merdeka AI Summit themed “Cloud Sovereign for Future Enterprise” in Jakarta, Lintasarta reintroduced Deka LLM AI Technology with a TKDN of 85%. The government has positioned AI sovereignty as an industrial competitiveness agenda, emphasizing the protection of infrastructure, data, talent, and regulations. The development of this local cloud technology is part of the Indonesia Digital 2045 vision, which emphasizes innovation as a path to value creation and job creation. Four Foundations of

Multiple central banks and statistical agencies will release key economic data during the week of 11/16-11/20. The US will publish October retail sales, industrial production, import and export prices, housing market data, and the Federal Reserve will release minutes from its October 27-28