Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

News

Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Bitcoin Network Settles $19 Trillion in 2024, Doubling Last Year’s Volume
Bitcoin Network Settles $19 Trillion in 2024, Doubling Last Year’s Volume

During the 2021 bull market, Bitcoin's transaction volume peaked at $47 trillion but plummeted sharply in the subsequent years.

CryptoNews·2025/01/05 17:55
John Deaton Offers to Lead Trump-Era Probe Into Alleged Crypto Crackdown ‘Operation Chokepoint 2.0’
John Deaton Offers to Lead Trump-Era Probe Into Alleged Crypto Crackdown ‘Operation Chokepoint 2.0’

He framed the initiative as more than a crypto issue.

CryptoNews·2025/01/05 17:55
US prosecutors estimate over 1 million victims in Do Kwon’s criminal case
US prosecutors estimate over 1 million victims in Do Kwon’s criminal case

Quick Take U.S. prosecutors said the number of victims of Do Kwon’s alleged crypto fraud scheme potentially surpasses one million. Kwon, recently extradited to the U.S. from Montenegro, has pleaded not guilty to criminal charges.

The Block·2025/01/05 16:00
Aave Considers Fee Switch as USDe Pegging Proposal Draws Concerns
Aave Considers Fee Switch as USDe Pegging Proposal Draws Concerns

Aave, a leading DeFi platform, is preparing to activate a fee switch mechanism to enhance its revenue model and ensure long-term sustainability.

BeInCrypto·2025/01/05 10:30
Flash
  • 01:34
    Cardano Founder Reveals Details of the "Glacier Drop" Airdrop Plan for Privacy Sidechain Midnight
    Cardano founder Charles Hoskinson announced details of the "Glacier Drop" airdrop plan for the privacy sidechain Midnight at the Consensus 2025 conference. The plan will distribute governance tokens NIGHT and privacy tokens DUST to 37 million users across 8 major public chains, explicitly excluding venture capital shares, with all tokens directly aimed at regular users. Hoskinson also proposed a "collaborative economics" model, allowing developers to use native tokens like ETH and SOL to pay for cross-chain application fees, and validators can also collaborate across chains to earn revenue. The Midnight testnet is already live, with the mainnet expected to launch by the end of 2025. This airdrop is seen as a strategic move to alleviate industry fragmentation and address the entry of tech giants.
  • 01:33
    Opinion: Bitcoin Technical Indicators Are Overbought, Potential for Short-Term Pullback
    According to analyst @ali_charts, Bitcoin may experience a brief pullback, as the RSI currently indicates an overbought condition.
  • 01:02
    Hedge Fund Tycoon Steve Cohen: Probability of U.S. Economic Recession is About 45%
    Billionaire investor and founder of the hedge fund Point72 Asset Management (known as "Wall Street's most insane money-making machine"), Steve Cohen, stated at the Sohn Investment Conference in New York on Wednesday: "We are not yet in a recession, but economic growth has significantly slowed." The 68-year-old Cohen said he does not believe the Federal Reserve will cut interest rates immediately because "they will be concerned about inflation brought on by tariffs." He expects U.S. economic growth to slow to 1.5% or lower next year, "a level that is acceptable but not impressive." He mentioned that the stock market's plunge and rebound in April appeared unusual in terms of reversal speed and emphasized that he is closely monitoring the market's reaction after the next round of U.S. economic data is released. Even if the market does decline, he expects the drop to be between 10% and 15%, "which is not catastrophic." He also added that the U.S. stock market might maintain a sideways fluctuation for some time.
News