Gate Cryptocurrency News and Market Analysis

Ark Invest chief Cathie Wood said on November 9 that gold will fall, citing a 0.1 correlation coefficient between Bitcoin and gold since 2019. Gold rose 1.7% to $4,141.14 an ounce on November 9 while Bitcoin dipped to $73,700. Wood's statement rests on statistical independence: a correlation

Hua Yu (3419-TW) announced October 2026 revenue of NT$176 million, representing a 42.85% year-over-year increase and an 8.6% month-over-month decline. The company's cumulative revenue for the first ten months of 2026 reached NT$1.616 billion, up 7.38% compared to the same period last year. Hua Yu st

Binance halted all transactions involving MEXC and its affiliates on Tuesday, following the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) designation of MEXC as a primary money laundering concern last Friday. The action responds to FinCEN allegations that MEXC processed at

Morgan Stanley downgraded Taiwan semiconductor stock Xinhwa (5274) to 'Neutral' on the 10th, setting a target price of 14,417 TWD, becoming the first foreign institution to cut the stock's rating after five others reduced target prices. The downgrade stems from Morgan Stanley's increasingly

Bitcoin remained weak in the $74,000 range on Nov. 10 despite a sharp rebound in US stocks, with spot Bitcoin exchange-traded funds recording $201 million in net outflows ahead of the U.S. October consumer price index release. Bitcoin fell as low as $74,100 before trading around $74,200, according t

Bitcoin wallets holding between 1 and 100 BTC accumulated 14,207 coins over the two weeks ending November 10, according to on-chain data from analytics firm Santiment. The buying occurred as Bitcoin traded near $74,000 on Tuesday, below the $75,000 mark, with wallets in the 1-10 BTC range

Lisk burned an additional 5.2 million LSK tokens on November 10, permanently retiring staking rewards left over from the shutdown of the Lisk chain. The burn reduced LSK's total supply to below 295 million tokens. Lisk previously conducted a 100 million LSK burn in September, part of the project's t

Anthropic set a price range of $70 to $78 per share for 825 million shares in its upcoming IPO, according to an updated SEC filing on Tuesday. The five-year-old artificial intelligence lab could net up to $64.35 billion in proceeds at the high end of the range, with a potential fully diluted

The European Banking Authority published a consumer factsheet on white-labelled banking and payment services, urging customers to identify the company that actually provides a product when its brand belongs to a different platform, retailer or non-financial business. The guidance addresses a

Zhen Ding Technology (4958-TW) announced on the 10th that its Q3 2026 net profit reached 44.96 billion TWD, surpassing the combined H1 2026 profit of 38.17 billion TWD, with quarterly EPS of 4.02 TWD. For the 9-month period ending September 2026, net profit totaled 83.13 billion TWD,

Skydance (SKYD.US) released its first earnings report following the acquisition of Warner Bros. Discovery, announcing plans to achieve $6 billion in annual cost reductions within three years and introducing an upcoming HBO Max and

SpaceX CEO Elon Musk suggested on Nov. 6 that the company could acquire a major US telecommunications operator, fueling speculation about a potential takeover of AT&T, Verizon, or T-Mobile. Musk made the comments at the Baron Investment Conference, stating SpaceX could purchase a legacy telco to

SpaceX plans to build a natural gas power plant and supercomputing facility at its Starbase site near Brownsville, Texas, with an estimated initial investment of $24 billion. The Starbase Municipal Committee is scheduled to review the related tax incentive and economic development agreement on

Binance warned that a vulnerability in Apple's iOS operating system could expose private keys and recovery phrases for cryptocurrency wallets. Cointelegraph reported on November 10 that Binance identified the flaw in iOS versions 26.7.1, 27.0.1 and 27.2, which allows malicious apps to read local

In US Stock Market News, U.S. stocks rallied Tuesday, recovering most of their big losses from the previous week, as investors awaited U.S. inflation data for October. The S&P 500 futures edged higher at 0.3 per cent, while Dow Jones Industrial Average futures gained 0.7 per cent. This follows

JPYC, a Japanese yen stablecoin issuer backed by digital-asset investment firm Hyperithm, closed an extended Series B funding round on Nov. 10, bringing cumulative fundraising to approximately 6 billion yen. The round attracted investors including venture funds affiliated with regional banks

Nvidia and CEO Jensen Huang were sued by shareholder Mark Kistenmacher on Monday in a proposed class action filed in the U.S. District Court for the Northern District of California. The lawsuit accuses them of concealing Huang's alleged relationship with Alice Huang, a Megaspeed executive and