Gate Cryptocurrency News and Market Analysis

Global stock market value fell by approximately $3.5 trillion in a single day following the U.S. midterm elections. Listed shares worldwide totaled $154 trillion as of Nov. 5, down from the previous day, the Nikkei newspaper reported on Nov. 7 citing data from financial information firms QUICK and

24/7 Wall St. issued a price target of $516.16 for TSMC ADR shares with a 90% confidence 'buy' rating. As of the November 6 close, TSMC traded at $375.44, implying 37.5% upside to the target. The analyst firm cited TSMC's sold-out capacity and 18x forward price-to-earnings ratio as undervaluation

Former FBI agent Patrick Steven Yaroch pleaded guilty to stealing $2,474,380 in cryptocurrency seized during an investigation, with a federal court in Virginia accepting the plea on November 7, according to the U.S. Justice Department. Yaroch used access credentials for crypto wallets obtained durin

European media organizations and airports received bomb threats on the 6th, prompting evacuations across Ireland, Bulgaria, and the United Kingdom. The threats, signed with the name of former Soviet KGB chief Andropov, extended a wave of false bomb warnings that previously targeted the aviation

Keplr Wallet, a cryptocurrency wallet service in the Cosmos (ATOM) ecosystem, reported unauthorized transactions in some users' wallets on November 7. The company disclosed in a post on X that it had received reports of transactions users did not approve in wallets created through Google or Apple ac

Google announced on June 10, 2026, that eligible businesses could connect Google Business Profile to Gemini. The connection uses business information to ground conversations and support profile changes through AI-assisted prompts. Google said the rollout would expand globally during that month, whil

DeepSeek confirmed plans for an official plugin marketplace for Harness, according to a TechNode report published on November 6, 2026. The marketplace is intended to centralize third-party plugin distribution and make extensions easier to discover. The company is also preparing creator incentives an

Kevin O'Leary, a prominent US investor, said the CLARITY Act will pass in 2027, citing economic necessity as the primary driver. Stocktwits reported on November 7 that O'Leary wrote on X that the bill's passage is inevitable due to the expansion of real-world asset tokenization. The legislative

In US Stock Market News, AI stocks bounced back Friday and recovered some losses from the prior two days, with the S&P 500 rising 0.3% and trimming its loss for the week to 2.7%, marking its worst week since President Donald Trump shook markets in April 2025 with his

Winbond Electronics Chairman Chiao Yu-chun stated today (7th) at the company's family day event that the semiconductor market exhibits an unusual pattern of 'all industries depressed, one stands out,' with demand driven solely by AI-related applications — the only sector capable of absorbing

Taiwan stocks experienced a significant decline on November 6, falling 1873.08 points to close at 39701.64 points, with an intraday drop reaching 3737 points — the largest intraday decline on record. The sharp volatility prompted investors to recall the 2008 Lehman Brothers financial crisis, when st

The Ethereum Foundation requested developers on November 6 to review how gas-fee calculation changes under the upcoming 'Glamsterdam' upgrade could affect existing decentralized applications, according to a November 7 CryptoSlate report. The review focuses on potential disruptions to gas-fee

Zonghui CoreLight is planning an IPO and expanding its VCSEL and optical communications chip business, according to a report published on 2026-11-07. The company has received investment from Xiaomi, BYD and other investors while advancing products for automotive LiDAR and high-speed optical intercon

Tencent disclosed that South Korean users’ WorkBuddy data may be transferred to China. The disclosure covers account, authentication, payment information, and AI prompt inputs and outputs. The policy identifies Tencent Technology (Shenzhen) Co., Ltd. as the overseas recipient, while WorkBuddy stores

For this year’s Double 11, Alibaba Mama added an AI digital-human feature to Super Live. Merchants can use the feature in Super Live’s backend to build a digital-human livestream room for free, generate scripts automatically from product information and interact with viewers in real time. The update

Intel announced Day-0 support for Meta’s Muse Spark Open on October 15, 2026. The support covers Xeon processors and the upcoming Intel GPU D-series, with four GPUs running the model in testing. Intel used low-bit model quantization to support the 816 billion-parameter open-weight model. Muse Spark

Advanced Micro Devices Inc (AMD) has unveiled investments of more than US$10 billion across Taiwan’s semiconductor industry. The investments include partnerships with ASE, SPIL and Powertech on advanced packaging. The move comes as demand for AI chips outstrips available packaging capacity and advan

Gold prices on the New York COMEX market reached a two-week high on 11/5, with near-month gold closing at $4113.50 per ounce. The Democratic Party's victory in the US midterm elections eased fiscal expansion concerns, leading to declines in both the US

Jose Teodoro 'TG' Limcaoco will step down as president and CEO of the Bank of the Philippine Islands (BPI) in April 2027, transitioning to a senior role within the Ayala Group after five years leading the country's oldest bank. Under Limcaoco's leadership from 2021 to 2026, BPI's annual net income r