Gate Cryptocurrency News and Market Analysis

Tether transferred $120 million USDT from its treasury to Bitfinex, according to a report by CryptoTwitter account @whale_alert. The transaction represents a movement of stablecoin supply by one of the largest stablecoin issuers in the cryptocurrency market. Tether's USDT serves as a key liquidity i

Richmond Fed President Thomas Barkin discussed the possibility of additional rate hikes, as the Fed plans to keep interest rates on hold for now. Barkin said the decision was “fairly clear,” given that the unemployment rate is near historic lows and inflation is too high. He explained that a gradual approach to bringing inflation down is proceeding at an appropriate pace. FOMC Decides to Hold Interest Rates Steady on October 28 The Federal Open Market Committee (FOMC) ended its meeting at 2 p.m.

Geekplus RS Hyper Climbing Robot Debuts at CeMAT Asia, Company Says It Can Handle 6,000 Items per Hour per 1,000 Square Meters Warehouse robotics company Geekplus (Geek+) debuted its RS Hyper climbing robot at CeMAT Asia 2026, the Asia International Warehousing and Logistics Exhibition. The robot is a core component of the RoboShuttle Hyper system the company launched in August. Sina Tech reported on Nov. 5 that RS Hyper combines horizontal movement across warehouse floors with vertical picking

Polygon Labs has contributed as a peer reviewer to a whitepaper published by the DIFC Courts. The document outlines a framework for executing court decisions on tokenized assets. The collaboration aims to enhance legal frameworks surrounding blockchain technology and reflects institutional

Four Taiwan-listed PCB manufacturers—Unimicron Technology (3189), Tripod Technology (4958), Compeq Manufacturing (2313), and Nan Ya PCB (8046)—experienced sharp stock price declines on 11/6 despite reporting solid third-quarter earnings, as Taiwan's stock market plunged over 3,700 points and

Dimerco Express Group (stock code 5609) reported October consolidated revenue of NT$3.868 billion, up 65.3% year-over-year, marking the highest monthly figure since May 2022. The logistics provider attributed the growth to sustained demand from AI server, semiconductor, and high-tech industry

NetEase Youdao has launched an interactive math tutoring assistant named after mathematician Leonhard Euler, now available in major app stores. According to a report published by QbitAI on Nov. 5, the assistant does not simply provide answers with lengthy written explanations. Instead, it combines step-by-step instruction, follow-up questions, and animated whiteboard explanations. Youdao says the smart assistant is designed to help students move from understanding answers to solving similar prob

Hannstar Board Corporation, a PCB manufacturer under the Huake PSA Group, announced today (6th) a share buyback program to purchase 1,000 shares at prices below NT$80 per share over the next two months, with shares to be transferred to employees. The buyback decision came as Taiwan's stock market

Hiyes International (海悅, stock code 2348) reported October 2026 consolidated revenue of 14.13 billion TWD, an 8.21% increase year-on-year. Cumulative January-October consolidated revenue reached 95.14 billion TWD, up 66.16% compared to the same period last year. The revenue growth was driven by cons

Taiwan-listed pharmaceutical company Handa (6620-TW) reported net profit of NT$125 million for the first three quarters of 2025, down over 70% year-on-year, as one-time licensing revenue from Phyrago in 2024 created a high comparison base. On November 3, US-based Exelixis filed a second patent

South Korea's government will temporarily ease collateral rules on margin loans starting Nov. 9 to break a vicious cycle of falling share prices and forced selling in the stock market. Vice Prime Minister and Finance Minister Lee Hyeong-il chaired a joint market-monitoring meeting at the government

KB Securities maintained a 'buy' rating on SK Hynix with a target price of 3.5 million KRW on Nov 2, citing significant undervaluation despite the memory chipmaker's record-breaking profitability. Analyst Kim Dong-won noted the

Takenos, a Latin American fintech company, raised $7 million on Nov. 5 to build a stablecoin-based financial network. The funding will support the company's expansion from six countries to more than 15 by 2027. Takenos currently processes over $5 billion in annual transactions across Argentina,

London Metal Exchange (LME) three-month base metal futures showed mixed results on November 5, with copper futures declining 1.7% to $13,774 per ton while nickel rose 2.8% to $16,315 per ton. Market concerns centered on potential limitations to artificial intelligence infrastructure investment

European supermarkets including Carrefour, IKEA, Coop, and SuperValu experienced cyberattacks on refrigeration systems in recent weeks, with incidents beginning in October affecting hundreds of French stores and expanding this week to Sweden, Belgium, and Ireland. The attacks targeted temperature

Baidu's ERNIE team announced on Nov. 5 that it had released ERNIE-5.5-Flash-Base, the original pretrained version of the ERNIE 5.5 Flash model, on Hugging Face. This sparse mixture-of-experts language model has 280 billion parameters, activates 14 billion parameters per token, and was trained from scratch on 33.5 trillion tokens. Open-Source Release and Licensing: Original Pretraining Checkpoint in FP8 and BF16 Formats, Under License Agreement v1.0 According to Baidu, ERNIE-5.5-Flash-Base is an

Wangpin Group, a Taiwan-based restaurant chain operator, reported third-quarter 2026 consolidated revenue of 6.607 billion TWD, a quarterly increase of 3.26% and annual increase of 12.2%. Net profit attributable to the parent company reached 368 million TWD, up 7.75% year-on-year, with earnings per