Gate Cryptocurrency News and Market Analysis

David Schwartz, Ripple's chief technology officer emeritus and co-creator of the XRP Ledger, disclosed on Tuesday that his XRP holdings fell from approximately 26 million tokens to 3 million. The reduction followed a years-long de-risking strategy tied to a pact with his wife to sell portions at

Shin Hyun-song, Governor of the Bank of Korea, was appointed Chair of the Committee on Payments and Market Infrastructures (CPMI) on the 11th, becoming the first Asian to hold this position. CPMI, a body under the Bank for International Settlements (BIS), establishes international rules for

The cryptocurrency industry donated $471 million to US midterm elections, nearly double the $250 million contributed in 2024. James Delmore, a market analyst at blockchain analytics platform Breadcrumbs, derived the figure from Federal Election Commission data covering crypto-related companies and i

TSMC's board approved a Q3 2026 cash dividend increase to NT$9 per share on November 10, setting a new single-quarter dividend record. The decision follows Q3 consolidated revenue of NT$1.4924 trillion and earnings per share of 29.43. With the stock trading near NT$2,285, the quarterly yield

NC (NCSOFT) reported third-quarter 2026 revenue of 686.5 billion KRW and operating profit of 119.6 billion KRW on Nov 11, meeting securities firm consensus estimates. Net profit of 20 billion KRW fell 85% quarter-on-quarter and missed the 91.3 billion KRW market consensus due to foreign

Investors are rotating from technology stocks into defensive sectors as equity markets enter a 'state of alert,' according to analysts monitoring recent market movements. The Nasdaq Composite Index is up 8.7% year-to-date as of Nov. 9 close but lost 5.3% in October and remains down 0.7% for

New York University and University of Calgary researchers released public code for Deletion Tuning, a post-training method, in support of their NeurIPS 2026 paper. The method learns which pretrained LLM weights to delete, and the paper reports that zeroing fewer than 0.05% of a model's weights, with

Seven Anthropic co-founders plan to sell $1.75 billion of stock through the company's IPO, per a Nov. 11 amended filing reported by Bloomberg. Each co-founder intends to sell approximately $250 million of stock based on the midpoint of the proposed offering range. The sales are designed to secure li

Bitcoin sentiment dropped to 0.82 on November 11 according to Santiment data, marking the second bearish-majority reading this month as bearish social media posts outnumbered bullish comments across major platforms. The sentiment ratio, which compares bullish and bearish commentary, fell below the n

Lee Eun-jin, Ripple's Asia-Pacific sales director, said on Nov. 11 that about $30 trillion in assets is projected to move on-chain by 2030. Speaking at the seminar 'The Stablecoin Era: The Future of Cross-Border Payments in South Korea' at Yeouido Post Tower, Lee called for interoperability

Senator Cynthia Lummis rebutted Elizabeth Warren's crypto skepticism in an X post on November 10, defending digital assets with specific use-case claims. Lummis argued that big banks charge nearly 15% to send $200 overseas and that payroll processing in the United States takes five days on

US household credit card debt reached $1.29 trillion in the third quarter of 2026, setting a new record, according to a report released by the New York Federal Reserve Bank. The surge reflects growing reliance on credit cards to cover daily expenses as inflation remains elevated and living costs

The Korean government stated on November 11 that even if digital asset income taxation is delayed by 2 years, the tax data submission obligations for virtual asset operators must be enforced early, according to National Assembly Finance and Economy Planning Committee review materials for the 2026 re

Sercomm Corporation (stock code 5388) announced Q3 2026 financial results, reporting consolidated revenue of 218.3 billion TWD, up 48% year-over-year and 5.9% quarter-over-quarter, marking a record high for a single quarter. The growth was driven by increasing demand for broadband equipment and

SCK Company, the operator of Starbucks Coffee Korea, reported an operating loss of 453 billion won in Q3, marking a sharp reversal from a 600 billion won profit in the same quarter last year. The loss stemmed from the company's decision to skip its summer Frequency promotion event following the

A malicious code targeting cryptocurrency wallets was discovered in fragment-api-py, a Python program that integrates with Telegram's digital goods trading platform Fragment, according to a security analysis report published by software security firm SafeDep on May 10. The compromised

Forward Industries held 8,727,694 SOL as of November 9, representing a 2.7% increase from 8,501,298 SOL on September 30, according to the company's official disclosure issued on November 10. The Nasdaq-listed firm, trading under ticker FWDI, added 226,396 SOL over approximately 40 days through

Bank of Russia Governor Elvira Nabiullina told Russia’s State Duma on November 9 that Russia had succeeded in returning a significant portion of the assets of investors whose holdings had been stranded by Western sanctions. This recovery resulted from various mechanisms implemented by the Bank of Russia. It is a positive sign for the management of financial assets in the Russian market amid prolonged geopolitical tensions. Why the Assets Were Frozen The issue began after the Russia-Ukraine confl

Semiconductor IP company M31 (6643) received a target price downgrade from a Japanese brokerage in its latest report, with the 12-month target reduced from 645 yuan to 550 yuan, though the firm maintained its 'buy' rating. The downgrade

Taiwan's Cathay Philadelphia Semiconductor ETF (00830), the only domestic fund tracking the Philadelphia Semiconductor Index (SOX), attracted strong buying interest as the SOX fell below 10,000 points. The ETF's stock price, which surged past 100 TWD earlier this year amid AI momentum, drew