Gate Cryptocurrency News and Market Analysis

ASUS announced its Q3 financial results at an investor conference on Nov 12, reporting an EPS of 29.1 TWD for the quarter and 67.93 TWD for the first nine months, both setting new company records. The strong performance was driven by robust server business momentum, which saw revenue double

Japanese retail investors sold 480.2 billion yen worth of Japanese stocks during the first week of November (Nov 2-6), marking their third consecutive week of reducing holdings. The weekly selling volume reached a three-month high, significantly expanding from the previous week's 33.2 billion yen in

Woori Financial Group will hold a subsidiary CEO nomination committee meeting on the 13th to decide whether to extend Woori Bank CEO Jung Jin-wan's term by one year, with no candidate pool selection process preceding the evaluation. The committee will assess only Jung's reappointment eligibility,

South Korean cosmetics companies with high overseas sales ratios reported significant non-operating losses in Q3 as the won strengthened against the dollar. The dollar-won exchange rate fell 11.9% from 1,541.50 won at the end of June to 1,358.40 won at the end of September, according to data from th

The Depository Trust & Clearing Corporation (DTCC) announced on Thursday a plan to enable eligible securities held at its depository arm, The Depository Trust Company (DTC), to be tokenized on Solana blockchain by the second half of 2027. The integration will run through the DTCC Tokenization

BARD (Lombard) surged 48.21% on Bithumb and 46.9% on Upbit as of 08:00 Nov 13, closing at 166 Korean won, according to data comparing Nov 13 08:00 prices to Nov 12 09:00 prices. MAGMA (Magma Finance) gained 23.71% on Bithumb to 454 won. KGEN dropped 15.45% on Bithumb and 13.93% on Coinone. The

Hon Hai, Quanta, and Wistron stocks all declined on November 12 as Taiwan's weighted index fell 1,165.28 points, with Quanta dropping 6.54% to 278.5 TWD, Wistron falling 2.58% to 170 TWD, and Hon Hai declining 0.83% to 240 TWD. Foreign institutional investors project that 2027 NVL72 equivalent AI

The US dollar rose for a third consecutive trading day, reaching its highest level in 17 months, driven by surging oil prices and expectations of further Federal Reserve tightening. The dollar-yen exchange rate touched 160 yen intraday before sharply reversing course, reflecting Japan's Ministry of

Nvidia-backed neocloud company Nscale released updated paperwork for its U.S. initial public offering on Thursday, revealing a widening net loss. The company reported a third-quarter net loss of $1.69 billion on $307.5 million in revenue, up 1,344% year over year, according to the updated

Stablecoin supply contracted by $14.2 billion over the 30 days through November 9, the sharpest monthly decline since June 2022, according to Glassnode's Week Onchain report published on Wednesday. The contraction reflects redemptions back into dollars, which remove supply from circulation and

US Treasury yields surged across all maturities on November 12 (US Eastern Time), with the 10-year yield jumping 12.30 basis points to 5.1060%—its first close above 5.10% since last month 22nd. President Donald Trump reversed his conciliatory stance toward Iran, stating on Truth Social that 'we

JYP Entertainment's Korean stocks surged 16.54% on November 12, closing at 45,100 won after the K-pop agency reported third-quarter earnings that exceeded market expectations and disclosed a major stake acquisition by US activist investor Merry Capital. The stock climbed 6,400 won from the

European stock markets rose on November 12, with the STOXX 600 index climbing 0.14% to close at a record high of 664.01 points. Strong corporate earnings and capital rotation into defensive sectors drove the rally. Technology stocks fell 0.5% following NVIDIA CEO Jensen Huang's resignation due to an

European stocks reached a record closing high on the 12th, with the pan-European STOXX 600 index rising 0.14% to 664.01 points, driven by strong corporate earnings and investor rotation into defensive sectors. The rally occurred despite technology stocks declining 0.5%, pressured by NVIDIA CEO

On November 3, 2026, the World Gold Council (WGC) published the study "Gold Market Primer: Market Size and Structure," highlighting the role of gold and silver in the global digital asset system—a space where investors are competing to position their assets amid the massive rise of AI technology companies. According to the WGC, humanity has mined approximately 220,000 metric tons of gold, with an estimated total value of about $31 trillion at the end of 2025, while silver had a reference value o

Bank of Korea reported October 2026 import prices fell 1.8% month-on-month as the won-dollar exchange rate declined more sharply than international oil prices. The exchange rate drop from 1,359.00 won to 1,337.66 won per dollar had a greater impact than the 2.6% decline in Dubai oil prices to $110.7

Life Asset Management launched its first public fund on the 13th, marking the firm's entry into Korea's retail investment market after five years of private equity operations. The company, founded in 2021 under the leadership of first-generation Korean value investor Lee Chae-won, grew its assets un

South Korea's Housing and Urban Fund recorded a quarterly surplus fund return of -2.06% in Q3, marking the first loss since Q3 2022, according to the Ministry of Land, Infrastructure and Transport and the Korea Housing and Urban Guarantee Corporation (HUG) on November 13. The negative performance

Tesla CEO Elon Musk announced Wednesday that Cybertruck production will continue through the end of summer 2027 to clear its order backlog. In a social media post on X, Musk said the automaker had extended a deadline it had set to finish Cybertruck production, giving the company a few additional mon