Gate Cryptocurrency News and Market Analysis

Bitcoin crashed below $69,000, triggering a market-wide selloff that pushed Ethereum below $2,000 and sent major altcoins down over 6%. The decline occurred as crypto markets faced a dangerous combination of shrinking dollar liquidity, institutional withdrawals, and aggressive leveraged selling.

Microsoft restored Microsoft 365 services worldwide on Saturday, ending a disruption that lasted more than 36 hours and affected Outlook, Teams, and other workplace applications. The company's Microsoft 365 status account announced the restoration at 06:09 UTC. The source does not provide

SpaceX laid off roughly 60 employees working on Grok Imagine, its AI video and image generation tool, over the past week within its Super Intelligence group. According to The Information, citing people familiar with the situation, the cuts leave only a handful of employees maintaining the product. T

Injective announced on November 14 that its governance proposal for the Veyra mainnet upgrade has received overwhelming support, with more than 99% of participating stakers voting in favor. The project stated on its official X account that if the current trend continues, the proposal will likely

XRP is trading dangerously close to the $1 psychological support level, creating uncertainty among token holders. The asset briefly slipped below $1 this morning, hitting an intraday low near $0.99 before recovering to $1.02. The selloff stems from broader crypto market weakness, with XRP

Billionaire Antonio Gracias, founder of Valor Equity Partners, saw his wealth soar to $24.4 billion after SpaceX held its IPO in June 2026 at $135 per share. His early investment in the space company in the 2010s, when SpaceX had yet to generate stable profits, generated billions of dollars in returns for him. According to Forbes, Gracias’s wealth reached about $17.1 billion on November 13, 2026, while Bloomberg estimated it at $24.4 billion in June 2026, reflecting differences in how personal e

Kava plunged 24.57% to $0.05161 as of 7:30 p.m. on November 14, following signs of large token transfers and selling pressure. The decline followed community reports of approximately 48.36 million Kava tokens, valued at about $3.3 million, being moved from the Kava network to BNB Chain. Community

Blockstream CEO Adam Back warned on November 14 that artificial intelligence advancements could increase cryptocurrency hacking risks by enabling attackers to identify previously hard-to-detect security flaws in existing systems, according to Cointelegraph. He recommended offline Bitcoin

Ethereum research group Ethlabs proposed accelerating the network's post-quantum security upgrade to 2027, two years ahead of the Ethereum Foundation's existing December 2029 target, citing advances in artificial intelligence that are accelerating quantum computing risks. Separately, Nasdaq-listed

Charles Hoskinson, founder of Cardano's ADA token, said he never promised the token's price would rise, responding to investor criticism over its weak performance during a recent YouTube AMA session reported by Decrypt on November 14. Hoskinson made the remarks as investors voiced frustration over A

A wallet linked to the Ethereum Foundation sold 5,000 Ether between Nov. 10 and Nov. 14, according to a Nov. 14 report by Bitcoin.com. The wallet, identified by the address beginning with 0x5CBC, executed sales totaling approximately $9.92 million at an average price of $1,983.5 per token. This

Mainland China's two leading foundries, SMIC (688981.SH) and Hua Hong Semiconductor (688347.SH), posted strong third-quarter 2026 results, with SMIC citing full capacity utilization and Hua Hong citing its acquisition of Huali Microelectronics. On November 13, SMIC joint CEO Zhao Haijun said the com

Tesla will stop production of its Cybertruck, according to a Financial Times post dated Friday, November 13, 2026 at 12:30 PM. The decision follows weak sales and multiple recalls of the pick-up truck. The Financial Times framed the move as a response to commercial and safety setbacks rather than a

Zcash (ZEC) is struggling to recover above $1,000 after a sharp sell-off pushed the privacy cryptocurrency to its lowest levels since September. ZEC is hovering near $980, extending a weekly decline of more than 26% with sellers overwhelming the market. The breakdown comes despite Grayscale

Samsung's Intelligent Eyewear smart glasses can be controlled with gestures on a compatible Galaxy Watch, according to SamMobile. When the glasses are paired with a Galaxy phone, gestures on the watch can answer calls or interact with Gemini. The glasses also support touch controls and voice command

By the end of September 2026, VietinBank – the Vietnam Joint Stock Commercial Bank for Industry and Trade – reported consolidated total assets of VND 2,952 trillion, up 6.7% from the beginning of the year, with outstanding loans of VND 2,141 trillion, up 7.5%, and customer deposits of VND 1,944 trillion, up 8.4%. At this scale, VietinBank’s challenge is not only to expand credit but also to ensure that every dong of capital is allocated efficiently, earns an appropriate return, and is managed fo

PT Telkom Indonesia (Persero) Tbk is strengthening governance and the use of AI technology to improve public information transparency, as of 8:45 p.m. WIB on Tuesday, November 10, 2026. The commitment was reaffirmed by Telkom President Director Nanang Hendarno during the 2026 Public Information Transparency Monitoring and Evaluation (Monev) public review session organized by the Central Information Commission (KIP) in Jakarta. Technological developments in public information management have beco

Thailand launched WORPT, a payment app enabling foreign tourists to convert cryptocurrency into Thai baht for spending at shops and restaurants nationwide. The service connects crypto wallets with Thailand's QR PromptPay network, allowing visitors to make purchases without opening a Thai bank

Dogecoin (DOGE) and Pepe (PEPE) remain two closely watched meme coins as 2026 winds down, with Meta AI predicting their relative performance for 2027. DOGE is trading around $0.066-$0.067 in mid-November 2026, down roughly 20% over the past month, while PEPE trades near $0.0000044, both

Darkfost, a CryptoQuant contributor, published an analysis on November 14 showing that more than half of Bitcoin holders are now sitting on losses. His analysis indicated that less than 45% of the remaining Bitcoin supply was in profit, meaning the majority of Bitcoin covered in the study is