Gate Cryptocurrency News and Market Analysis

The U.S. Treasury's Financial Crimes Enforcement Network issued an order Friday cutting crypto exchange MEXC Global from the U.S. financial system. FinCEN accused MEXC, one of the world's 20 largest crypto exchanges, of facilitating at least $16 billion in illicit transactions tied to Iran, North

The cryptocurrency market's Fear and Greed Index fell to 25 on Nov. 7, pushing investor sentiment into the extreme fear zone. Cointelegraph reported the 39-point drop from a reading of 64 a month earlier. The index, which tracks investor sentiment on a scale of 0 to 100, has shifted from greed

UMC (stock code 2330), Taiwan's second-largest wafer foundry, saw its stock price flash an "8-handle" at NT$88.6 during early trading on the 6th, marking a 45% decline from its peak of NT$165. The company reported October revenue of NT$25.197 billion, down 0.6% month-on-month but up 18.33% year-on-y

US President Trump announced on November 6 the replacement of White House Chief of Staff Susie Wiles with Stephen Miller, following Republican losses in midterm elections. The decision came after Wiles, 69, submitted her resignation on November 4 evening, with Trump describing Miller, 41, as 'one of

US Vice President Vance personally led indirect talks with Iran over the past 2 weeks, communicating almost daily with mediators including Qatar Prime Minister Mohammed and Pakistan Army Chief Munir to push for a new ceasefire agreement and restart nuclear negotiations, according to Axios citing

US Secretary of State Marco Rubio will attend the G7 foreign ministers meeting in France May 8-10, the State Department confirmed May 6. The meeting represents Rubio's first major international diplomatic test following the Republican Party's midterm election losses and the Democratic Party's

Sen. Elizabeth Warren stated on November 7 that Democrats can still pass legislation during President Donald Trump's term and will continue pursuing bills aimed at lowering Americans' cost of living, according to Cointelegraph. Warren pointed to legislation she has backed to ease the burden of

President Donald Trump ordered the Justice Department to investigate allegations that Democrats intimidated Republican officials, according to a November 7 Cointelegraph report. Trump alleged that Democrats had threatened Republican officeholders, political donors and supporters. Trump

Eclat Textile (stock code 1476) reported October revenue of 3.4 billion TWD, a year-on-year increase of 10.6%, with cumulative January-October revenue reaching 336.7 billion TWD, up 5.92% year-on-year. The revenue growth was driven by a rising proportion of high-margin customers and improved

Win Semiconductors reported third-quarter net profit of 1.82 billion TWD, surging 101.8% quarter-over-quarter, driven by sustained iOS high-end device demand and WiFi power amplifier recovery. The company achieved earnings per share of 4.55 TWD, marking a six-year high, as gross margin expanded to 3

Dave Wehner, Meta's chief strategy officer, is leaving the company to join four-year-old AI startup Fireworks as CFO, he announced on X on Friday. Wehner cited his desire to return to a smaller company and his bullish outlook on Fireworks' technical talent and customer focus as reasons for the

The Bureau of Labor Statistics will release the October Consumer Price Index on November 10 at 8:30 a.m. Eastern Time, following October employment data showing 165,000 jobs added and unemployment falling to 4.1%. The stronger-than-expected jobs report pushed market-implied odds of a December

Sony reported a 45% surge in quarterly operating profit while Nintendo's earnings fell 16% during the July–September quarter, according to Sony's November 5 financial results. Sony's operating profit reached ¥622.3 billion ($3.95 billion), up from ¥429 billion a year earlier, while Nintendo reported

Aave Labs acquired the team and technology behind fixed-rate lending startup Avon, according to a November 6 announcement. The acquisition expands Aave's decentralized finance capabilities as the Aave network surpasses $33 billion in deposits and $13 billion in active loans. The deal includes Avon's

European Central Bank (ECB) President Christine Lagarde stated on November 7 (local time) that substantial changes in conditions would be required to alter the current monetary policy direction, while stopping short of committing to a December rate hike. In an interview published on the ECB

Google parent Alphabet disclosed a $548 million stake in Qualcomm stocks through its Google Ventures arm as of September 30. According to Alphabet's November 6 SEC filing, the company held 2.98 million Qualcomm shares valued at $547.9 million. The position originated from Qualcomm's acquisition of A

OpenAI Chief Financial Officer Sarah Friar stated on November 6 that the company will continue expanding its artificial intelligence infrastructure despite a $2.5 trillion stock-market selloff and growing opposition to data-center construction. Speaking during a CNBC interview, Friar defended OpenAI

Berkshire Hathaway repurchased $9.6 billion of its own shares during the third quarter, according to the company's November 7 earnings release, even as net income fell 28% to $22.11 billion from $30.80 billion a year earlier. The conglomerate's insurance underwriting earnings declined 43% to $1.35 b

Trump Media & Technology Group (DJT) stocks closed November 6 at $3.99, down 69.9% year-to-date in 2026, leaving outside investors with an estimated $2.2 billion in cumulative losses while President Donald Trump's ownership stake remains valued at approximately $460 million. The decline stems from l