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Article
Good morning. Zuo Zuo stayed up through the U.S. overnight session for you ☕
In yesterday’s morning briefing, Zuo Zuo was still asking: Was the post-election rally a one-day move, or the start of a year-end run?
Wall Street answered in 24 hours—and gave back the previous day’s gains, plus more 🔥
Dow −3.4%, down 1,833 points to close at 51,523
S&P 500 −4.4%, closing at 7,354, its worst day since the tariff shock in April 2025
Nasdaq −5.5%, officially entering a technical correction (down more than 10% from its 10/6 high)
Philadelphia Semiconductor Index −12%, its second-largest one-day drop ev
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NVDA-9.33%
BTC-0.67%
ETH-1.26%
#黄金突破4100美元 #WCTCS9 $4,100 reclaimed, then lost again; bulls and bears await one result before nonfarm payrolls

In early Asian trading, gold was range-bound near $4,097, with last night's pullback after a sharp rally leaving the suspense for tonight.
Spot gold briefly hit a two-week high of $4,147 during Thursday's US session, then retreated as the sell-off in US stocks intensified, eventually closing at $4,088.33, with gains narrowing to 0.69%. Early today, gold repeatedly swung between $4,085 and $4,100,
reclaiming $4,100 only to lose it again, as neither bulls nor bears dare to make a move
XAUUSD-0.03%
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All eyes on the South Korean stock market today 👀 KOSPI needs to hold the line. 100W is right below.
Nasdaq 100 -6.36% today wiped out 2.3T USD.
The first day at work for the Dems 😂🫶
How much AI regulations is the market pricing in?
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NAS100+1.25%
  • 1
Ethereum continued its door-shaped price action this morning, dipping to around 2205 at the low. The short shared early this morning at 2251 has been closed for profit!$ETH
ETH-1.23%
Shorted the newly added @AnthropicAI on @UltApp .
Opportunities everywhere
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Nov. 6 Day-Session Strategy: U.S. Stocks Plunge, Crypto Follows; Triple Bearish Headwinds; Grid Shorts at Highs

U.S. voters are not inherently opposed to military action. The only thing they cannot tolerate is paying the price of war without seeing victory.

If the Revolutionary Guard’s ability to blockade had been completely crushed in a single week in March, oil prices would have risen for two weeks and then fallen back. In November, voters would remember a decisive winner.

But once the fighting stopped in April and the administration traded words with an extremist regime, the Strait of Ho
$KORU Last year, 10.11 dealt a severe blow to crypto; yesterday, 11.5 dealt a severe blow to global stock markets. Korean stocks fell to the point of triggering a circuit breaker just 4 minutes after the market opened. Everyone, be sure to keep some reserves to prepare for the bear market ahead. When the next rebound comes, don’t take any chances—sell most of your positions and survive. This Koru is a major hit on the Square. A week ago, I told everyone not to touch it below 5, which should have protected some friends. Market crashes are painful for everyone, but things will gradually get bet
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KORU-1.22%
$$SOXS posted a 31.53% range in a single day, from 85.42 to 59.42, with 26-point wicks on both sides. This isn’t market action; it’s a meat grinder. Trading volume hit $1.69 billion, with traders caught up in a furious battle. At 78.55 now, anyone chasing in is just helping those who took profits earlier ride their gains.
The market sentiment is plain to see: SOXS is a semiconductor inverse ETF, and today’s surge shows that money is rushing to exit semiconductor stocks. Panic selling and algorithmic stop-loss orders piled on top of each other, driving the sell-off. But note that from the 24-h
SOXS+37.84%
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Trade, Profit, and Hold to Climb the Ranks, Win INTC Stock https://www.gate.com/campaigns/6810?ref=VLARBF1YAG&ref_type=132
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INTC-10.58%
Your coins are on an exchange—do you know how much “backing” it has?

Suppose you deposited money in a bank but never knew anything about its assets. Wouldn’t you be a little curious?
The same question deserves attention when it comes to crypto exchanges.
Users care about more than just a string of numbers in their account. They also want to know whether the platform has corresponding asset reserves and whether that information can be verified.
That’s one of the important reasons Gate introduced proof of fund safety.
Through reserve proofs and verification mechanisms, users can learn more abou
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Global stock markets were hit by a black-swan bloodbath today! The main reason is that Democrats are planning to introduce a “Super AI Ban.” It would include a comprehensive ban on developing and deploying “artificial superintelligence (ASI)” beyond human control, as well as a mandatory suspension of all systems with computing power of 10²⁵ or more!

Companies that violate the rules could face the harshest penalty: being dissolved and having their assets seized (the equivalent of the corporate death penalty). Individuals involved in research or otherwise responsible could face up to 20 years i
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MU-17.23%
NVDA-9.33%
SNDK-22.24%
MORNING MARKET UPDATE
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LIVE19
While others are still saying “trust me,” Gate has already started showing its work!

In the crypto industry, there’s a classic line: “Trust me, I won’t let you down.”
It sounds touching, but when it comes to the security of funds, sentiment alone isn’t enough! 🤣
Gate continues to explore ways to make fund security more transparent, and has introduced a proof-of-reserves mechanism that gives users the opportunity to learn about the platform’s reserves through publicly available proof information.
What does this mean?
It means the industry isn’t just competing on trading volume, products, and
  • 19
HSBC, JPMorgan’s Kinexys, Mitsubishi UFJ Financial Group, Societe Generale-Forge, and Standard Chartered have established the nonprofit GL1 Org in Singapore to promote the development and adoption of standards and frameworks for tokenized financial markets, continuing the MAS GL1 initiative and fostering interoperability among institutions, infrastructure, and jurisdictions.

HSBC, JPMorgan's Kinexys, MUFG, Societe Generale-Forge, and Standard Chartered have established the nonprofit Global Layer One Organisation (GL1 Org) in Singapore to promote the development and adoption of common standard
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HSBC-1.61%
JPM+0.16%
MUFG-4.18%
$SNDK A 22% plunge in a single day, from 1038 to 794. This isn’t a shakeout—it’s flipping the table. I looked at data from the past three halving cycles: between the 6th and 9th month after each Bitcoin halving, there’s always been a violent altcoin-season shakeout, generally of 20% to 35%, before the main rally begins. We’re now in the 7th month after the halving, and this 22% drop lands right at the upper end of the historical shakeout range. The timing and magnitude both line up, but the historical data doesn’t tell me whether this shakeout will go deeper.
My view is that $SNDK this sharp
SNDK-0.18%
BTC-0.67%
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Yesterday’s recap
24 posts, paying tribute to that man!! 😭
929 replies, just shy of 1,000,
leaving today a chance to break the mark 💪
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Morning market update
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LIVE1,901
The Democrats went too far in courting disaster, which is why they suffered a crushing defeat to Trump!
They've only just won back a little power, and they're already starting to self-sabotage again!
Hurry up... 😆😆🙈
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U.S. stocks lost $3 trillion in a single day.
The U.S. stock market just replayed last April’s tariff day.
The Nasdaq fell 5.52%, and the S&P 500 fell 4.36%—
their worst day since the tariff-fueled crash in April 2025.
The fear gauge, the VIX, surged 70% in a day to 28, its highest level since the Iran war began.
I hid out in U.S. stocks to avoid a market crash, only to find that U.S. stocks were the epicenter of one. Sorry, my crypto-native family 😭.
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NAS100+1.25%
SPX+0.33%
Many people are rushing to buy $TRUMP because it has fallen so much... 😂😂 Why??? Why??? Why??? But remember, it once fell from over $70 to around $1.20. Don’t expect it to rise back to that high anytime soon. It could even fall below $1. Don’t buy just because the price is low. Please be cautious...
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TRUMP-0.95%
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GateLaunchesPoSECProofOfSecurity

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Beyond Proof of Reserves, Gate has introduced PoSEC, a new Proof of Security framework focused on how user assets are stored and protected. By disclosing the distribution of assets across cold storage and hot wallets, users can directly understand Gate’s storage structure and risk coverage under extreme scenarios. Gate’s latest cold storage coverage ratio stands at 104.58%, meaning cold-storage assets alone are sufficient to cover all user assets. PoR verifies whether reserves are sufficient, while PoSEC shows how assets are stored and how risks are covered — together forming a more complete asset security framework. Share your results and experience! [👉 Learn more](https://gate.com/proof-of-security)

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