Gate Cryptocurrency News and Market Analysis

287 Taiwan-listed and over-the-counter (OTC) companies released revenue results as of the 5th, with 118 companies achieving record cumulative revenues through October, according to a report by China Times. Among the 118 companies with record revenues, 66 are listed stocks and 52 are OTC stocks.

KOSPI and the USD-KRW exchange rate have moved in the same direction on 17 out of 24 trading days since October, according to financial market data. The co-movement extended to 10 consecutive trading days starting late last month, marking an unusual departure from the traditional inverse

Bitcoin mining giant Core Scientific said at its November 5 third-quarter earnings call that it expects to complete the gradual shutdown of its mining business in the fourth quarter of 2026 and become a high-density hosting provider in 2027, having shifted its focus to AI and high-performance computing. Third-quarter bitcoin mining revenue was $17.5 million, just 7.5% of total revenue, while hosting services contributed $215.4 million. Exit timeline: Complete mining shutdown by the end of 2026,

Trump Media transferred 4259 BTC to cryptocurrency exchange Crypto.com on the 5th, according to blockchain analytics platform Arkham's on-chain data. The transfer, valued at approximately $343.67 million (around 460.6 billion won) at the time of transaction, came from two Trump Media-related

U.S. stocks saw an epic sell-off on November 5. The Nasdaq Composite fell 4.37% to 24,612.18, the S&P 500 fell 3.17% to 7,445.11, and the Dow Jones Industrial Average dropped 2.38%, losing around 1,269 points. AI and semiconductor stocks led the declines: AMD fell around 13.9% intraday, NVIDIA dropped nearly 7%, and Tesla shares fell around 10.3%. All three major indexes in the red intraday: Nasdaq down 4.37%, S&P down 3.17% According to CNBC intraday quotes (around 11:57 a.m. ET), the three maj

U.S. tech stocks and crypto assets weakened in tandem on November 5. Bitcoin and Ethereum again fell below key levels in the early hours of November 6: Bitcoin hit an intraday low below $76,000, while Ethereum dipped to around $2,200. CoinGlass data shows that approximately 198,931 traders were liquidated across the market over the past 24 hours, with total liquidations of about $1.033 billion, including roughly $923 million in long positions. 24-Hour Liquidation Breakdown: Long Positions Accoun

Cheng Tai Global (4441), a Taiwan-based garment manufacturer, reported October 2026 consolidated revenue of 6.05 billion TWD, bringing its January-October cumulative revenue to 68.37 billion TWD, an 8.08% increase compared to the same period last year. The company is scheduled to release its

CSA_News issued a warning about the increasing prevalence of long-haul scams, commonly referred to as pig butchering scams, targeting cryptocurrency investors. These scams exploit fake relationships and promise unrealistic profits to lure victims into investing more funds, leading to substantial

Foreign investors net purchased 25,749 dollar futures contracts this month through the previous trading day, according to Yonhap Infomax data, but daily trading directions reversed sharply amid volatile movements in Korean stocks. On the 2nd foreign investors bought 104,994 contracts, then

Ned Davis Research identified unusual recession warning signs in US stocks before the November 5 local time market crash, analyzing the S&P 500 forward price-to-earnings ratio decline. The forward P/E ratio, measuring stock prices against expected earnings over the next 12 months for index

A security vulnerability enabling server disruption has been identified in filecoin-pin, data storage software used by the Filecoin (FIL) project. The vulnerability, designated CVE-2026-62300, was registered on GitHub's security advisory database on November 5, following its initial disclosure on

Nick Ducoff, General Manager of Institutional at Solana Foundation, highlighted the importance of invisible technology for crypto adoption in a recent tweet. According to his statement, the seamless integration of fast finality and low costs enhances the consumer experience. Ducoff's perspective

TPEC Technology Corp (8114-TW) announced October 2026 revenue of NT$1.321 billion, reflecting a year-over-year increase of 38.15% and a month-over-month decrease of 8.28%. The company operates in the computer and peripheral equipment industry, specializing in point-of-sale (POS) systems and

Multiple commodity futures markets recorded significant price movements on 11/05, with New York gold futures rising to over a two-week high, London Metal Exchange (LME) nickel climbing to a five-week peak, and crude oil rebounding after three consecutive declines. Gold gained support from easing

Hana Securities held its first overseas investor briefing on Korean Treasury Bonds (KTB) in Singapore last month, targeting foreign investors as part of its inbound business expansion. The event, which attracted over 10 local investors, marked the securities firm's formal entry into overseas investo