Gate Cryptocurrency News and Market Analysis

A cryptocurrency wallet linked to the Ethereum Foundation sold 1,000 Ether on November 10, marking the first transaction in roughly two weeks. The sale was worth approximately $2.13 million, according to on-chain analytics firm Lookonchain. Ether had declined about 7.7% from its level at the time

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 project aims to reduce dependence on the Texas main power grid and avoid the multi-year waiting period typically

After the first nine months of 2026, bad debt at 28 listed banks rose 26.9%, exceeding VND 340 trillion, putting pressure on the system’s asset quality amid sharply rising interest rates and a sluggish real estate market. The rate of growth in Group 3-5 loans was twice the growth rate of customer loans (12.5%), indicating continued pressure on credit quality. However, there were still some “bright spots”: four banks (Eximbank, Nam A Bank, VietBank, and NCB) reported lower bad debt than at the st

The South Korean government announced on the 10th plans to expand the Cheonghae Unit's operational area to waters south of Oman and deploy additional maritime patrol aircraft and mine-clearing equipment. President Lee Jae-myung deliberated and approved the revised consent bill for the Cheonghae Unit

South Korea's Financial Supervisory Service introduced ETF fee pre-screening measures in April, but major asset management firms have since launched products with higher fees than existing competitors, raising concerns about increased investor costs. The regulatory intervention aimed to control fee

Optical communication equipment maker Coherent (COHR-US) surged 16.79% on Monday (May 9) after reporting first-quarter fiscal 2027 results and second-quarter guidance that both exceeded market expectations. Today (May 10), the rally spilled

The global nickel market is projected to grow from $57.59 billion in 2026 to $80.68 billion by 2031, representing a compound annual growth rate of 7%, according to the 'Global Nickel Market Forecast to 2031' report released by market research firm MarketsandMarkets. The growth is driven by

MARA Holdings sold 13,597 Bitcoin at an average price of $81,039 after the third quarter, raising approximately $1.1 billion according to a shareholder letter filed with the SEC on November 9. The company used $750 million of the proceeds to fully repay its Bitcoin-backed term loans,

Panjit (2481), a power component manufacturer, reported a third-quarter gross margin of 37.27%, surpassing market expectations and marking a historical high. The operating margin reached 16.03% in the same period, up 4.29 percentage points sequentially from the second quarter. The margin

Maysod Securities (6021) released its Q3 Year 115 (2026) comprehensive income statement showing basic earnings per share of 0.79 TWD. The securities firm reported net income of 243,056 thousand TWD for the third quarter, with cumulative net income reaching 2,420,392 thousand TWD for the first nine m

Affiliated Managers Group (AMG) reported third-quarter results showing assets under management reached $974 billion, up 3% from the prior quarter, with economic earnings per share hitting a quarterly record of $9.50. The asset manager attributed the performance to strong cash flows and continued

US short-seller Culper Research published a report in May 2026 questioning Nvidia's claims that its China chip business had nearly disappeared due to US export restrictions, while also revealing CEO Jensen Huang's close relationship with a former Megaspeed executive. Huang subsequently admitted to a

US gasoline prices fell below $4 per gallon on November 9 for the first time since August, according to GasBuddy data. The national average dropped to approximately $3.96 per gallon, declining nearly 16 cents over the past week. The price decrease followed easing Middle East tensions that drove US

PepsiCo announced on the 9th that it will lay off over 1,000 employees as part of a restructuring plan to streamline operations and revitalize its North America business. North America CEO Ram Krishnan informed staff in a letter that layoffs will occur over the next week, aiming to improve operation

Apple's generative AI service Apple Intelligence expanded its regulatory filing in China to include iPad and MacBook devices, according to an update from the Shanghai Cyberspace Administration's generative AI service filing information. The addition follows Apple Intelligence's initial filing

Nvidia contacted U.S. government officials regarding an investigation into suspected smuggling of artificial intelligence chips, according to a Bloomberg report. Nvidia General Counsel Tim Teter reached out to Jeffrey Kessler, the U.S. Commerce undersecretary overseeing the Bureau of Industry and

Fidelity International warned that Asian stocks face three major risks following the US midterm elections, with Taiwan, South Korea, and Japan experiencing the most significant impact from a semiconductor-led selloff that has spread across technology and broader equity markets. The asset manager's a

Analyst Benjamin Cowen said on Monday that Bitcoin's drop to roughly $73,500 may not represent the market's floor, arguing the fourth-quarter low has yet to form. Bitcoin fell to about $73,500, reaching the 20-week simple moving average inside the bull market support band, and closed the week back b