Gate Cryptocurrency News and Market Analysis

According to IT Home, Apple’s iCloud service experienced a global outage early on the morning of November 11. Core sign-in and sign-up services were down, and users with new iPhone 18 Pro or iPhone Duo devices were unable to restore data from iCloud backups. iCloud account sign-in and sign-up, Calendar, Contacts, Mail, Photos, and Game Center were experiencing service outages. Outage timing and scope: nearly two hours so far IT Home found that the outage began at around 6:49 a.m. Beijing time an

Tesla broke ground on its $10 billion Crystal Sun solar factory near Houston, Texas, in Fort Bend County. The facility is designed for vertically integrated manufacturing, covering silicon ingots, wafers, coating, metallization, and cell testing to eliminate reliance on imported solar cells.

The Fed is expected to leave its policy rate (3.50–3.75%) unchanged for a third consecutive meeting at the FOMC meeting on April 28–29, with the FedWatch forecast putting the probability of a hold at 99.0%. While weighing the risk that high oil prices will keep inflation elevated against the risk of an economic downturn, the Fed is expected to signal that it will monitor developments in the economy and prices. Since the Iran conflict began, market pricing for rate cuts this year has moved in tan

The Basel Committee on Banking Supervision (BCBS) published a consultation paper on 9/11 proposing additional guidance on managing interest rate risk in the banking book (IRRBB) to strengthen control over banks’ financial assets. The move aims to strengthen requirements for both banks and supervisory authorities to identify, measure, and control risk amid unpredictable changes in interest rates. Periods of high inflation, rapid interest rate increases, and significant market volatility have expo

According to BeInCrypto, OKX founder and CEO Star Xu recently publicly criticized Binance’s cross-platform transfers using user identification codes (UIDs). Binance co-founder He Yi officially responded on November 7 and announced on November 8 that she would compensate the affected user with her personal funds, while also announcing that Binance Pay would add a third step to its transfer process. Binance UID cross-platform transfer error: User’s funds unreturned since February 4, discrepancy in

Ethereum traded near $2,053 on November 11, holding just above the $2,000 threshold after a steep sell-off on Sunday, November 8. The decline reflects broader selling pressure across major altcoins, with Ethereum down roughly 25% from its September peak near $2,800. The $2,000 level has returned

Taiwan Finance Minister Chuang Tsui-yun stated during a legislative inquiry that the Taiwan-US avoidance of double taxation agreement (ADTA) is awaiting US Senate approval after the House passed the bill in 114年1月. The current congressional session ends December 18-19, with the new session

CFTC privately tells Kalshi it may sue over filings for dozens of new products; Kalshi calls it a filing error and says it has addressed it The U.S. Commodity Futures Trading Commission (CFTC) has privately informed prediction market leader Kalshi that it may soon sue over the filings required before its new products are listed. The previously undisclosed enforcement action was first revealed in an exclusive report on Nov. 10. According to people familiar with the matter, the CFTC is investigati

SK announced on the previous day that its sale of electric vehicle charger manufacturer SK Signet to private equity firm Anchor PE is likely to generate only 75 billion won, far below the maximum 200 billion won initially disclosed. The deal structure ties additional payments of up to 125 billion wo

OpenAI recorded its highest-ever quarterly results in the third quarter, driven by explosive growth in its enterprise business, according to Chief Financial Officer Sarah Friar. Revenue surged approximately 50% quarter-over-quarter to $10 billion, translating to an annualized run rate

Yorkville senior managing director and former Wedbush Securities technology analyst Dan Ives estimated in a recent public report that Nvidia (NVDA) shares would fall 25% to 30% to around $122 if Jensen Huang stepped down. Ives emphasized in the report that Nvidia currently has no publicly announced CEO succession plan, and no one in management could seamlessly take over as CEO. Core estimate in Ives’ report: Jensen Huang’s personal value is equivalent to about 30% of Nvidia’s market cap; departu

Gopax, a South Korean digital asset exchange, continues service restrictions for a fifth day as of Nov 11 (Korean time), with no specific resumption timeline determined. The exchange suspended deposits, withdrawals, and trading services starting Nov 6 after receiving a blackmail email from alleged h

Fuh Hwa Taiwan New Star Active ETF (00418A-TW) officially listed and began trading today on the 11th. The ETF opened in positive territory on its debut day, with the intraday stock price reaching a high of 10.21 yuan. Within the first ten minutes of trading, the trading volume surpassed 130,000

Austan Goolsbee, president of the Federal Reserve Bank of Chicago, voiced concern about stronger-than-expected inflation in a PBS NewsHour interview reported by Bloomberg on November 10. Goolsbee called the October consumer price index "another disappointing reading" and "close to a troubling

Fed officials have become markedly more hawkish. On November 10, Dallas Fed President Lorie Logan (a voting FOMC member this year) said at a Houston conference that the Fed would need to raise rates at least two more times by 25 bps each, and that the pace of rate hikes this winter could be faster than it was this fall. On the same day, Fed Governor Christopher Waller called for considering a 50-bps rate hike at the December meeting. Hawkish remarks from Fed officials: Logan says at least two mo

Dong Fang Yacht (stock code 8478) reported third-quarter consolidated revenue of NT$1.153 billion, down 25.4% year-over-year, with after-tax net profit of approximately NT$70 million, down 86.1% year-over-year, and earnings per share of NT$0.75. For the cumulative first three quarters, consolidated

Bank of America expressed a non-optimistic view on the S&P 500 index for 2027, citing concerns about decades of uninterrupted fund inflows. According to Yahoo Finance on November 11, Savita Subramanian, head of US equity and quant strategy at BofA, stated the index is 'somewhat risky' due to 30 to 4

IT Home reports that Google released Android 17 QPR2 on Nov. 10 and began rolling it out to Pixel phones and tablets, a month ahead of the originally scheduled quarterly release. The update combines the Pixel Feature Drop with security patches. The three batches of security fixes address a total of 398 vulnerabilities; Pixel devices also receive 33 bug fixes. Android 17 QPR2 stable release arrives about a month ahead of schedule According to IT Home, citing Google’s official announcement, Androi