Flash News

Cointime reports: The UK’s FTSE 100 trimmed its advance to 0.6% on Nov. 5 after the Bank of England raised its key interest rate by 25 basis points to 4.00%, the first hike since August 2023 and in line with market expectations. The index had been higher before the central bank decision.

Cointime reports: Economist Peter Schiff said on Nov. 5 that gold could easily exceed $10,000 an ounce by the end of the decade, more than double its current level of about $4,000. He argued junior gold miners may offer greater upside than gold itself, predicting consolidation as cash-rich majors such as Newmont, Barrick and Agnico look to acquire juniors with existing reserves rather than fund risky exploration. His Euro Pacific Gold Fund (EPGFX) holds a high allocation to small miners.

Cointime update: Hong Kong’s Acting Secretary for Financial Services and the Treasury, Joseph Chan, said international virtual asset trading platforms meeting statutory and Securities and Futures Commission (SFC) requirements may apply for a license to operate in the city, with 13 platforms now licensed by the SFC. Chan said the government and SFC will soon submit a bill to the Legislative Council to bring more types of virtual asset services under the regulatory regime, and that the SFC and Invest Hong Kong are in contact with international platforms.

Cointime update: Xinhua and UBTECH unveiled the world’s first bionic humanoid robot news anchors on Nov. 5 at the 7th World Media Summit’s AI and Chinese Modernization forum. Named “Xinyan” and “Xinyu,” the 1:1 human-scale robots were built for news broadcasting and can deliver on-camera reports, using Xinhua’s AI agent and UBTECH’s bionic skin, embodied-intelligence hardware, operating system and emotion model. Director Zhang Yimou served as lead designer of their appearance.

Cointime update: Huawei Cloud will update its Model-as-a-Service platform on November 15 to launch the openPangu-2.1-Pro flagship model. The release mainly improves ArkTS code-generation quality for native HarmonyOS app development. The update also covers core products including the AgentArts agent platform, CodeArts and OfficeAce, which will connect to the flagship model.

Cointime update: Thailand’s Securities and Exchange Commission has filed a criminal complaint against BG Limited, the operator of Bitget, for allegedly running a digital asset trading business without a license. The regulator said Bitget offered trading services and collected fees from 2022 to 2025, promoting them via a Thai-language website and social media. The Digital Economy and Society Ministry will block access to the platform from December 5, and a separate complaint targets an individual accused of helping promote it.

Cointime reports: President Donald Trump faced strong voter backlash in Tuesday’s elections, a result some Fed watchers say could reduce political pressure on Federal Reserve Chair Kevin Warsh and let him focus on controlling inflation. Since returning to office in 2024, Trump has repeatedly demanded rate cuts and sought to remove a sitting Fed governor. New Century Advisors chief economist Claudia Sahm said the Fed may not need to raise rates again if the election result pushes Trump to end the Iran conflict and drop further tariffs.

Cointime reports: A Pentagon intelligence report has assessed Iran as an “emerging” space power, which disclosed that Tehran took offensive action against US space capabilities during “Operation Epic Wrath.” The DIA report says Iran possesses multiple ground-based jamming systems capable of degrading space-based GPS, and US officials are concerned Iran is using space intelligence to more precisely target key US military facilities.

Cointime reports: WTI crude oil broke above $89 a barrel on November 5, gaining 1.11% intraday. The move marks a fresh push higher for the U.S. benchmark, with the price crossing the $89 level during the session.

Cointime update: China’s Ministry of Industry and Information Technology has opened a public consultation on draft interim rules for managing robot product identification codes. The draft requires the ID code service platform to complete a formal review of registration information within 10 working days, registering qualified applications and notifying applicants within 5 working days if materials are incomplete or non-compliant.

Cointime update: Iranian Parliament Speaker Mohammad Bagher Qalibaf on the 5th responded to US Vice President JD Vance, saying the United States is like “a gambler who keeps losing bets but can no longer leave the table.” The remark is the latest in a public exchange between the two officials. Qalibaf’s statement did not elaborate further on the context of the exchange.

Cointime update: Microsoft director Emma N. Walmsley told the company on Nov. 4 that she will not seek re-election at the 2026 annual shareholder meeting. Walmsley, a board member since 2019, will serve until the meeting is held. The filing states her decision did not result from any disagreement with management on operations, policies or practices.

Cointime reports: Hedge funds sharply cut risk and liquidated AI positions in October, improving the positioning backdrop for US equities, especially AI stocks, into year-end, JPMorgan said. If AI shares stabilize in November while retail investors keep buying equity funds, hedge funds may begin rebuilding AI exposure from late November. Long-term investors’ bond allocations could still cap further yield declines, with subsequent rate moves potentially driven more by momentum and speculative flows.

Cointime reports: More than ten passenger aircraft across Europe received bomb threats on November 5, with some of the planes landing safely, European media reported. The cause of the incidents and whether they are connected remains unclear. No further details were immediately available.

Cointime update: China has fully launched a cross-industry talent development program for the entire machinery supply chain, making “AI+machinery” composite talent training a core support for industry transformation and upgrading this year, the China Machinery Industry Federation said. Experts cited a structural skills mismatch, with AI-literate staff unfamiliar with industrial processes and machinery specialists lacking AI application skills.

Cointime update: Binance has removed all API keys associated with third-party platform SignalPlus after SignalPlus reported a potential security issue, the exchange said in a November 5 announcement. Binance said its own systems were unaffected and user funds remain safe. It advised users who have used SignalPlus to check their positions and open orders, and to rebind API keys only after SignalPlus confirms the issue is fully resolved, while enabling IP whitelisting.

Cointime reports: The US Federal Reserve and the Office of the Comptroller of the Currency have begun contacting banks to ask whether they have seen unusual activity or service disruptions, probing potential systemic security risks after a $6.3 billion hack at Binance on November 5. Several US banks are reviewing their cybersecurity systems, and one large bank is drafting an internal report on whether to upgrade safeguards. Binance said it is in close contact with global regulators. No evidence yet shows the US banking system was affected.

Cointime update: Riot Platforms’ Corsicana data center lease with Anthropic took effect on Nov. 4. The agreement is expected to provide 910 MW of critical IT load capacity. Riot will reimburse Anthropic for part of the data center module costs at up to $4 million per MW if it secures reasonably acceptable market-condition financing; otherwise, it will amortize the cost plus 12% annual interest through rent credits. The project will be delivered in three phases, with first capacity targeted for June 28, 2027.