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03:54
U.S. Senator Questions Trump's Use of Meme Coin Luncheon to "Peddle" Access Opportunity
BlockBeats News, April 10th, according to Politico, three U.S. senators questioned Trump's use of a luncheon event as bait to promote the purchase of TRUMP coin by showing favoritism to attendees. Senators Elizabeth Warren, Adam Schiff, and Richard Blumenthal have written to the event organizers requesting relevant documents to understand Trump's role in the planning, promotion, and potential profits of the April 25 event at Mar-a-Lago. The event was limited to investors holding TRUMP tokens ranked in the top 297. It is worth noting that on the same day, Trump was also scheduled to attend the White House Correspondents' Association dinner in Washington, raising questions about his ability to attend both events. The event terms also stated that Trump "may not be able to attend." The senators pointed out that the organizers, in the face of uncertainty about Trump's attendance, still used "contact with the president" as a selling point, effectively encouraging the purchase of the Meme coin they issued to profit Trump and his family.
03:52
Over $358 million flows into the US spot BTC ETF market
According to AiCoin monitoring, a large amount of capital flowed into the US spot BTC ETF market yesterday, with net inflows reaching $358 million. The main inflow was into IBIT, with a single-day net inflow of $269 million, followed by FBTC with $53.3 million. According to the [Spot BTC ETF Tracking] live trading strategy developed by AiCoin, ETF capital inflows have a significant positive correlation with the BTC price. This indicator can be subscribed to and enables the program to automatically place orders based on capital flows. Data is for reference only.
03:48
Are memory prices finally reaching their peak? Samsung and SK Hynix begin accepting only long-term orders.
Glonghui, April 10 — According to Kuai Technology, Samsung and SK Hynix, the two global storage giants, have recently made a highly unusual decision. According to the latest report from South Korea, the two companies have almost completely abandoned one-year short-term DRAM supply contracts with major global tech companies, and will only provide memory through long-term supply contracts of 3 to 5 years in the future.There are two interpretations within the industry regarding this move. The more optimistic view is that the two companies want to first lock in mid-term demand outlooks and gain a clear demand expectation before expanding production sustainably. However, the more attention-grabbing interpretation directly points to a turning point in the trend of memory prices. After all, if both companies internally expect significant room for DRAM price increases, there would be no need to lock in current spot prices. This unusual supply strategy shift seems to signal that there is little room left for memory prices to rise and the price peak may be occurring now.
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