Gate Cryptocurrency News and Market Analysis

Coinbase received unconditional approval from the Office of the Comptroller of the Currency (OCC) to operate under a federal national trust bank charter, the company announced Monday. The approval allows the largest U.S. cryptocurrency exchange to shift from state-level licenses to a single federal

Oracle canceled a $7 billion artificial intelligence computing agreement with Chinese technology company Tencent after US officials raised national security concerns, according to a November 4 investigation. The cancellation followed US government pressure over potential Chinese access to advanced

Skydance outlined its plan to achieve at least $6 billion in cost savings over the next three years in a shareholder letter released Monday alongside Paramount Skydance's third-quarter earnings. The savings target stems from combining Paramount and Warner Bros. Discovery operations across

Tokenization platform Securitize reported third quarter growth with tokenized assets reaching $4.8 billion and revenue of $11.5 million, while announcing the acquisition of institutional asset-backed financing platform River One and a $50 million share buyback authorization. The Miami-based

President Lee Jae-myung and South Korea's National Assembly are debating mandatory tender offer regulations for stock market acquisitions, with a 'proportional tender offer' model emerging as a compromise between the assembly's '50%+1 share' proposal and investor calls for 100% acquisition

AI data center developers are purchasing used gas turbines and retired jet engines as new power equipment now takes an average of six years to deliver in the United States, according to energy consultancy Wood Mackenzie. Delivery discussions are already focused on 2030 and 2031, a timeline that

Lucid Group missed Wall Street's third-quarter earnings expectations as the electric vehicle maker continues an operational reset aimed at cutting costs and narrowing losses. The company on Monday also announced a $1.75 billion increase in a delayed draw term loan from Saudi Arabia's Public

MSCI will announce its latest weight adjustment on Thursday (12th), with Taiwan stocks weight expected to rise due to increased Asia-Pacific market cap share, potentially bringing NT$300 billion in foreign capital inflows. Institutional investors predict 10 stocks including Kinsus, FPCC, AUO, and

The Children's Place filed chapter 11 bankruptcy protection Sunday, the children's clothing retailer announced. The company is seeking to sell substantially all of its assets, with offers from potential buyers due by Dec. 9 and a goal to close a deal by the end of December. The retailer's

PepsiCo is cutting about 1,000 jobs across North America over the next week, according to a Monday letter to employees from Ram Krishnan, CEO of PepsiCo North America. The layoffs aim to streamline operations and better connect teams as the company tries to turn around lagging sales in its home

President Donald Trump said on November 9 that Qatar and Saudi Arabia want the dispute with Iran resolved peacefully, while stressing that the United States is prepared to launch military strikes on Iran if necessary. Trump made the remarks after talks with Qatar's leader, according to Reuters. "Qat

Fortune Brands Innovations (FBIN.US), Dutch Bros (BROS.US), and Lattice Semiconductor (LSCC.US) recorded notable gains in US stocks trading on 2026-11-10, with FBIN closing at $51.68 (+7.49%), BROS at $36.22 (+7.26%), and LSCC at $112.50 (+7.12%). FBIN's rise followed the appointment of Jesse

Tong Hsing Electronic Industries (stock code 6271) announced on 民國115年11月9日 that its board of directors approved the acquisition of 100% equity in Singapore Exchange-listed Global Testing Corporation Limited (GTC, stock code SGX-AYN) through a Scheme of Arrangement. The acquisition aims to

Google announced two specialized artificial intelligence computing systems on Monday, expanding its eighth-generation Tensor Processing Unit lineup to challenge Nvidia's dominance in AI hardware. The TPU 8tx and TPU 8i Max configurations address privacy protection and memory bandwidth requirements f

Paraguayan police raided former President Santiago Peña's mansion in the capital Asunción on May 9 as part of an investigation into a domestic banking collapse that led to his impeachment and criminal charges. The crisis was triggered when authorities intervened and seized Ueno Bank last week, a popular online bank serving nearly half of Paraguay's 6.5 million residents and holding over $800 million in government funds. Peña, who took office in 2023 and previously held shares in the bank's paren

US Secretary of State Rubio stated on 9-10 that ensuring Ukraine's security is one of the key issues to ending the war, speaking at the Group of Seven (G7) foreign ministers meeting held in Paris. Rubio expressed hope that the upcoming trilateral meeting between the US, Russia, and Ukraine in Abu

The US Treasury held a 3-year bond auction on November 9 (local time), with the winning yield set at 4.627%, down 30.5 basis points from 4.932% at last month's auction. The yield decline marked the first drop in four months, moving away from the 5.0% level, as the $58 billion offering attracted

The Bureau of Labor Statistics announced on November 9 that the October consumer price index report will omit year-over-year headline and core inflation rates. The omission follows the absence of October 2025 price data after last year's federal government shutdown prevented data collection. The Oct

The United States and Iran have resumed substantive nuclear negotiations on November 9 following a mediation proposal from Qatar and Pakistan, according to sources cited by Walter Bloomberg. The US agreed to permit Iran to enrich uranium domestically up to 3.67%, and Iran accepted the terms. The