Gate Cryptocurrency News and Market Analysis

e.l.f. Beauty (NYS:ELF) reported second-quarter fiscal 2027 earnings on local time November 4 that more than doubled Wall Street expectations and raised its full-year outlook. The affordable beauty brand posted adjusted earnings per share of $1.21 for the quarter ended September, compared to

Mercado Bitcoin, a Brazilian cryptocurrency exchange, disclosed last month that it will fully reimburse customer losses from a hack using its own funds, with blockchain analysts estimating over $46 million was stolen. The attack targeted funds in the exchange's hot wallets and customer deposit

Brazilian cryptocurrency exchange Mercado Bitcoin said it will gradually restore customer account access starting Nov. 9, and pledged to use company funds to reimburse assets affected by the data breach; the exchange said, “No customer will lose their assets.” The attackers transferred funds from the exchange’s hot wallets and customer deposit addresses via standard transfers; blockchain analysts estimate that more than $46 million worth of assets were stolen. Mercado Bitcoin announces phased re

Seoul forex dealers forecast on November 5 that the USD-KRW exchange rate will fall to the 1,330 won range but remain supported at lower levels due to bargain buying. The Democratic Party's stronger-than-expected victory in the US midterm elections weakened the dollar as concerns grew over reduced p

JPMorgan Asset Management included Bitcoin in its 2027 Long-Term Capital Market Assumptions (LTCMA), estimating its correlation with U.S. large-cap stocks at just 33%, below that of international equities, corporate bonds, and hedge funds. Grayscale Head of Research Zach Pandl noted that JPMorgan expects Bitcoin to deliver a 10% baseline annualized compound return over the next decade, with annualized volatility of 55%; its expected return is higher than that of all other asset classes. JPMorgan

The results of the U.S. midterm elections on November 4 fueled a sharp rally across global financial markets, with stocks and cryptocurrencies strengthening in tandem. CMC data showed Bitcoin reclaimed the $80k mark, reaching a high of $81,196. Democrats won control of both chambers of Congress in the midterms, and President Trump said he was willing to accept the results and work with Democrats. Together with growing expectations of an early easing of the U.S.-Iran conflict, this fueled a broad

South Korea's Democratic Party announced on November 5 that it will enact the Digital Asset Basic Act and establish taxation infrastructure during the postponement period for digital asset income taxation. Policy chair Kwon Chil-seung stated at a policy coordination meeting on November 5 that the

The Democratic Party's victory in securing control of the US Senate in the midterm elections has created what analysts describe as the strongest institutional check yet on President Donald Trump's efforts to restructure the Federal Reserve. Nick Timiraos, a Wall Street Journal reporter widely

Hyundai Department Store's mattress subsidiary Zinus posted better-than-expected Q3 results, boosting the parent company's overall performance. The subsidiary's operating loss shrank to less than half of the previous quarter, pushing Hyundai Department Store's operating profit above market

Hedera showcased blockchain solutions for regulated institutions at the Singapore Fintech Festival. The company presented three products at its booth: HashSphere for private distributed ledger technology, Asseto for asset tokenization, and CLPR for cross-ledger interoperability. The Singapore Fintec

SK Biopharm reported third-quarter operating profit of 116.3 billion KRW on November 5, representing a 65.9% increase from the previous year and exceeding market expectations. The South Korean pharmaceutical company achieved revenue of 258.4 billion KRW in Q3, up 34.8% year-over-year, driven by

LAVA/AKA Digital has partnered with Hashmeta to bring AI-powered SEO/GEO solutions to the Vietnamese market starting November 4, 2026, helping businesses proactively manage their brand presence on search engines using artificial intelligence. The solution was designed in response to the growing number of consumers using AI assistants and AI-powered search platforms to find information and choose products. Technological developments in the digital marketing industry are forcing businesses not onl

Foreign investors' dollar futures trading in the Seoul foreign exchange market showed a significant increase in directional alignment with the USD-KRW exchange rate in October, according to data analysis. The match rate reached 95% during October (19 of 20 trading days), compared to just 57.7%

EcoPro BM announced on November 5 that it recorded third-quarter revenue of 557.9 billion won and operating profit of 12 billion won, representing an 11% and 76% decline year-over-year respectively. The South Korean battery cathode material manufacturer attributed the performance decline to

The US Treasury Borrowing Advisory Committee (TBAC) assessed artificial intelligence circular financing as a deliberate structural feature rather than a flaw, according to a report released on the 4th. The committee, composed of executives from major banks and investment firms advising on

Foreign investors net purchased approximately 14,000 contracts of 3-year Korean treasury futures on the previous trading day, driving bond market movements as Seoul's market opened on November 5. The heavy buying occurred amid concerns about semiconductor company valuations following the US

Vlad Tenev, CEO of Robinhood, announced a code verification initiative with a two-year timeline for formal verification of all code on the platform. The verification process will begin with the most critical safety components, aiming to enhance the platform's reliability and security. This initiativ

Jack Mallers recently amplified a widely shared post discussing how Satoshi Nakamoto discovered Bitcoin. This development coincides with a significant shift in Bitcoin's network dynamics, where transactions below 0.01 BTC now account for nearly 80% of all Bitcoin transactions. The trend represents a

Major South Korean banks including Shinhan Bank, NH Nonghyup Bank, KB Kookmin Bank, and Hana Bank have implemented executive-level review procedures for loan interest rate adjustments starting this month. The measures follow loan interest rate best practice guidelines announced in June, requiring en