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17:51
The U.S. Treasury Department has reduced the issuance of six-cycle Treasury bills for the first time since November.
 on March 13, the U.S. Treasury Department on Thursday reduced the auction size of its shortest-term Treasury bill for the first time since November, marking the beginning of a reduction in issuance ahead of the April income tax filing deadline. The U.S. Treasury stated that it plans to issue $85 billion of 6-week Treasury bills on Tuesday, a decrease of $5 billion from the previous issuance of the same term. At the same time, it will issue $50 billion of 52-week Treasury bills on Tuesday, with the size unchanged. The U.S. Treasury also announced that it will issue $88 billion of 3-month Treasury bills on Monday, with the size unchanged; and $79 billion of 6-month Treasury bills on Monday, also unchanged from before. Earlier this week, the U.S. Treasury had announced a reduction in the issuance of 4-week and 8-week Treasury bills.
17:49
The International Brotherhood of Teamsters recently issued a warning, pointing out that the potential merger plan between Warner Bros. Discovery (WBD) and Paramount Skydance Corp (PSKY) may bring a series of negative impacts.
The union emphasized that such industry consolidation could not only lead to large-scale layoffs, but also destabilize the overall entertainment industry and pose a threat to existing labor rights standards. The union further stated that mergers of large media groups are often accompanied by business restructuring and cost-cutting measures, which directly affect the job security of practitioners. At the same time, excessive market concentration may suppress industry competition, which is detrimental to a healthy market ecosystem in the long run. Protecting workers' rights and ensuring sustainable industry development have become core issues that urgently need attention in this merger case.
17:29
CEOs of major US exchanges call for review of the "easy listing" system in prediction markets
This process allows prediction market platforms to list financial contracts without explicit approval from regulatory agencies, enabling rapid expansion. Terry Duffy, CEO of the Chicago Mercantile Exchange (CME), stated at the Futures Industry Association (FIA) annual meeting in Boca Raton, Florida, that this process has been "abused," allowing some markets that are susceptible to manipulation and insider trading to exist. Craig Donohue, CEO of the Chicago Board Options Exchange (CBOE), said that recent disputes over contract settlement indicate that the relevant rules need to be "re-examined." (Bloomberg)
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