Gate Cryptocurrency News and Market Analysis

Philippine inflation accelerated to 7.8% in October 2026, the Philippine Statistics Authority announced on Thursday, November 5. The October rate rose from 7.2% in September 2026 and 1.7% in October 2025, driven by higher domestic fuel prices, electricity rates, and transport fares. This marks the s

Bitcoin short position traders faced liquidations totaling $576.15 million (approximately ₩772 billion) on the previous day, according to data from crypto analytics firm CoinGlass reported on the 5th. The liquidation occurred as Bitcoin recovered to $80,000, triggering forced closures of positions b

South Korea's Kospi fell more than 2% in early trading on November 5 as chipmakers including Samsung Electronics Co. and SK Hynix Inc. slumped, with the index down 2.27% to 5,554.52 as of 9:07 a.m. The decline was driven by concerns that Democratic control of both chambers of the U.S. Congress

KB Kookmin Bank, Shinhan Bank, Hana Bank, and SC Jeil Bank are expected to reverse a combined 276.1 billion won in provisions following the Financial Services Commission's finalization of penalties for Hong Kong H-index equity-linked securities mis-selling. The reversals occur because the final pena

The Federal Reserve Board (FRB) published the minutes of the Federal Open Market Committee (FOMC) meeting held on July 28–29 on August 19, confirming that the committee had decided to leave the policy rate unchanged. According to the minutes, only a few members supported a rate hike, making them a minority, but the vast majority agreed that a hike would be necessary if inflation did not slow. Inflation indicators have continued to ease gradually but remain above the 2% target, and participants a

The Federal Reserve (Fed) is scheduled to hold a Federal Open Market Committee (FOMC) meeting on July 28–29 and has designated July 18–30 as the blackout period. The dot plot for the policy rate at the June FOMC meeting revealed a clear split: nine participants supported additional rate hikes by year-end, while an equal number supported holding rates steady or cutting them. At the June FOMC meeting, of the 19 Fed participants, nine supported holding rates steady or cutting them (with one support

Crescendo Equity Partners completed the first closing of its Fund IV, securing over $350 million from overseas limited partners. The South Korean private equity firm, which specializes in technology investments, is targeting $1 billion total and raised more than 70% of its planned $500 million overs

Advanced Micro Devices (AMD) reported third-quarter 2026 revenue of $13.4 billion on November 3, 2026. Data Center revenue rose 97% year over year to a record $8.5 billion, driven by demand for AMD EPYC processors and the launch of AMD Instinct MI450 Series GPUs. AMD also issued a fourth-quarter out

Apple began a developer trial of Apple Intelligence in China on Wednesday, November 4, 2026. The rollout includes 18 AI features, while public access is planned for December. The launch follows a 2-year delay linked to Chinese regulatory requirements and the unavailability of Google and OpenAI model

At its Berlin keynote on Wed, 4th Nov 2026 (Today), NVIDIA unveiled AI infrastructure, software and robotics products for Europe. The company framed the announcements as part of a broader effort to expand its role in the region’s AI buildout, arguing that AI depends on a full stack from energy and d

Google announced that Voice Remixing for Gemini 3.8 Flash TTS is now live in Google AI Studio and the Gemini API. The feature lets users start with a preset voice or a custom-designed voice and use prompts to adjust vocal qualities. Logan Kilpatrick replied “yes” to the announcement on 11/04/2026.

Elon Musk said Grok Bot costs more to serve than it generates in revenue. The product has no free tier, while paid access ranges from $30 a month to $300 a month. The comments came as Grok Bot usage limits were tightened for paying users. The discussion highlights a conflict between using compute fo

Korea Securities Depository (KSD) will host a briefing on tokenization of institutional private money market funds (MMF) on the 5th at 3 PM at the Korea Financial Investment Association building in Yeouido. The event, jointly organized with the Korea Financial Investment Association, aims to

South Korea's Financial Supervisory Service distributed security inspection checklists to financial companies as part of a comprehensive review of security management systems across the entire financial sector. The FSS sent Excel files containing inspection items to financial firms, with self-inspec

US homebuilder and construction material stocks surged on November 4 following the Democratic Party's midterm election victory, with Lennar rising 7.09%, DR Horton gaining 8.1%, and PulteGroup climbing 7.16% in New York trading. The rally was driven by investor expectations for government policies t

U.S. President Donald Trump signed an executive order changing artificial intelligence terminology to super intelligence in government documents after arguing at the U.N. General Assembly in late September that AI makes the technology sound fake. The Wall Street Journal reported on November 4 that T

Paradise Co., a Korean casino operator, is forecast to report increased operating profit for Q3 2024, driven by casino revenue growth and reduced cost burdens. According to a compilation by Yonhap Infomax of forecasts from eight major domestic securities firms released within the past month, Paradis

Flop Labs is refining its Devnet protocol, according to influencer @CryptoHayes. The team plans to announce a testnet launch date early next week. The development work focuses on protocol component adjustments, with changes tracked via the project's yellow paper Git repository. The Devnet

Life Asset Management requested independent reviews from Samsung Electronics' board special committee and Samsung compliance committee on November 4 regarding the decision to postpone allocation of remaining shareholder return funds until late January. The asset manager asked committees to examine w