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06:05
South Korea's Q1 venture capital investment surges by 24.1%
According to data from Korea’s Ministry of SMEs and Startups, from January to March this year, the total amount of funds invested in venture capital companies and startups in Korea reached 3.32 trillion Korean won. This marks the second-highest first quarter investment record ever, second only to the same period in 2022 during the global venture capital boom.
06:03
Changes in ETH token concentration: trading focus gradually shifts upwards
PRO chip distribution data shows that over the past month, ETH's chip structure has been changing—from the previous multi-peak pattern to the current single-peak pattern. The two most concentrated transaction prices are $2,134.26 and $2,328.85, with the densely traded zone gradually moving upward. The transformation in chip formation indicates that the market has undergone sufficient turnover within this period, and a new cost structure is taking shape. $2,134.26 will serve as a key support zone in the near term. PRO users can track the evolution of chip formations for any coin and time period through the "chip distribution chart," identifying the pace of changes in the market’s cost structure.
06:00
Over 20% of Trump administration officials held cryptocurrencies, in stark contrast to zero crypto background in the Biden era
According to BlockBeats, on May 17, The Washington Post published a feature article pointing out that nearly 70 senior officials and nominees in the Trump administration (over 20%) held cryptocurrency or blockchain-related investments, with a minimum disclosed value reaching $193 million. Among them, Trump himself holds at least $51 million, while Vice President Vance and several cabinet members also have holdings worth millions of dollars. The article states that this represents a "historic reversal" for the crypto industry: numerous figures from the technology/crypto sector have entered government, regulations have become more relaxed (such as the SEC suspending lawsuits, promoting a Bitcoin strategic reserve, and stablecoin legislation). This stands in stark contrast to the Biden era, though critics are concerned about potential conflicts of interest and ethical issues.
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