David Schwartz, Ripple's Chief Technology Officer, stated that a higher XRP price would improve network efficiency and liquidity cost-effectiveness. In a recent statement, Schwartz argued that higher valuations could reduce slippage during transactions and make the asset more practical for instituti
According to a public announcement on Nov 12, 2026, Dayu's board of directors approved restructuring plans for its Luchu and Changbin factories amid overcapacity in mainland China and declining textile demand. The company will close underperforming production lines and shift focus to supply chain in
According to Coinbase Markets, Ethereum traders hold a negative Gamma exposure of approximately $589 million around the $1,980 price level. Negative Gamma indicates that market makers' hedging operations may amplify selling pressure during price declines and buying pressure during rallies, potential
Bank of America Global Research has cut its Nvidia price target from $350 to $280, according to reports. Separately, investment bank Evercore ISI downgraded Nvidia from outperform to perform, cutting its price target from $465 to $186.
According to data from Beijing Xinfadi Agricultural Wholesale Market, pistachio prices in China surged approximately 33% over the past three months. A food industry analyst attributed the price surge to reduced production in major suppliers including the United States and Iran, as well as a signific
According to EU's top diplomat Kaja Kallas, the bloc has not observed any signs of good faith from Russia. Kallas emphasized that international attention regarding Ukraine should concentrate on ceasefire efforts.
According to its board approval today (Nov 12), Hsing-Fu Development (2542), Taiwan's leading homebuilder by revenue, posted a combined after-tax net profit of NT$8.084 billion for the first three quarters, with basic EPS of NT$3.83. The third quarter saw revenues of NT$47.192 billion, driven by the
According to Mitech Electronics Holdings (2323), the company posted consolidated revenue of NT$6.17 billion for the first nine months of 2026, up 17% year-over-year. Operating income surged to NT$311 million, a 20-fold increase from the prior year, with earnings per share of 2.17 yuan. The growth wa
Elon Musk confirmed that Cybertruck production will cease in approximately 8 months, with the Texas factory's production lines and workforce redirected to manufacturing the two-seater Cybercab. Pre-order deposits will be refunded to a large number of customers. Musk emphasized that the production ha
According to PR Newswire, Bit Digital, Inc. (Nasdaq: BTBT) disclosed third-quarter 2026 earnings on November 12, holding approximately 163,725.9 ETH valued at $439.4 million as of September 30. Direct holdings accounted for 74,606.4 ETH worth $200.2 million. During Q3, the company staked 73,683 ETH
Serbia's central bank unexpectedly raised its key interest rate to 6% on November 12, surpassing market expectations of 5.75%. The rate increase marks a surprise tightening move by the monetary authority.
According to the latest statistics from Taiwan's Central Depository, as of November 2026, Yuanta Taiwan 50 (0050) remains the most popular Taiwan stock ETF by number of beneficial owners, a position it has held steadily throughout the year. The market also saw significant milestones, with multiple E
Mercer International (NASDAQ: MERC), a global pulp and paper producer, filed for Chapter 11 bankruptcy protection on Nov. 9, 2026, as part of a debt restructuring deal targeting approximately $900 million in obligations. Under the plan, senior noteholders will receive 91.5% of the reorganized compan
According to Lookonchain, whale 0xc8b5 closed its NVDA long position of 190,952 shares today, valued at $30.67 million, with a realized loss of $2.45 million.
According to ChainCatcher, State Street Bank increased its SpaceX Class A shares to 19.3 million based on a recent SEC filing. The increase represents a 77.8% addition to the bank's previous holdings.
According to Oman National Television, the country's Emergency Committee held a meeting on November 12 to discuss response measures following an oil tanker running aground near Al-Khabyah Island.
According to PANews, Bitcoin fell below $73,000 on November 12, trading at $72,992.70 per coin and down 1.35% within the day, according to OKX market data.
According to PANews, on November 12, Enjin launched Enjin Governance 2.0, enabling users to draft proposals, vote on governance decisions, and monitor treasury status. The community-focused update includes an improved proposal interface for better readability, streamlined fund request workflows, and
Tencent recently launched Gocci, an AI gaming companion application in public beta, introducing four AI female companion characters. The app can identify in-game visuals in real time and provide chat support, integrating with mobile QQ. The public beta period offers free access.
