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08:22
DBS Bank: Singapore's electronics exports are expected to maintain strong momentum
Golden Ten Data reported on April 17 that a senior economist at DBS Bank indicated that, in the short term, Singapore's electronics exports are likely to outperform non-electronics exports. The momentum in electronics exports should continue to benefit from current favorable global artificial intelligence developments and strong demand for memory chips and server products. However, given the industry's reliance on helium (with Qatar being the main supplier), the global artificial intelligence and electronics cycle has been partially affected by disruptions in the Middle East.
08:18
Bitget launches VIP-exclusive BTC and ETH dual investment, unlocking investment returns and token rewards simultaneously
Odaily reports that Bitget has launched a VIP-exclusive BTC and ETH dual investment product for VIP users who participate in NIGHT PoolX between April 9 at 19:00 and April 19 at 19:00 (UTC+8). During the promotion, eligible users can subscribe to BTC or ETH in the "Simple Earn" section with up to 2% APR for BTC and 5% APR for ETH. Subscription is open from April 19 at 19:00 to April 23 at 19:00 (UTC+8). At the same time, based on the BTC and ETH deposit time, amount, and holding duration, Bitget will additionally allocate 200 TSLAon rewards to users who meet specific trading thresholds. For more details, please refer to the official Bitget platform.
08:16
Rabobank: The current energy crisis may have a smaller impact on developed economies than in the 1970s.
Golden Ten Data, April 17 – Rabobank analyst Cramer stated that compared to the 1970s, developed economies now appear better equipped to handle the current energy crisis. International Energy Agency Director Birol recently noted that the present energy crisis is more severe than those of 1973, 1979, and 2022 combined. Cramer acknowledged that daily crude oil production has indeed fallen more sharply than before. However, he pointed out that modern economies consume less energy, possess larger strategic reserves, and the US is now a net exporter of both oil and liquefied natural gas. In 1974, oil prices soared by 250%, whereas the projected increase by 2026 is only 60%. Nevertheless, if supply disruptions persist, the risks could escalate. Cramer remarked, “It still seems too early to declare everything is fine.”
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