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20:37
The U.S. Treasury estimates that Russia gained $2 billion in revenue due to the easing of oil sanctions.
Golden Ten Data reported on March 23 that U.S. Treasury Secretary Besant claimed that, against the backdrop of the Middle East situation, Russia will gain an additional budget revenue of $2 billions due to Washington easing sanctions on Russian energy operators.
20:34
Italian Post launches €10.8 billion offer to privatize Telecom Italia
Italian Post intends to pay Telecom Italia shareholders a cash amount of 0.167 euros per share, and issue new Italian Post shares at a swap ratio of 1:0.0218. Based on this calculation, Telecom Italia is valued at approximately 0.635 euros per share, representing a 9% premium over its closing price. The merged group's annual revenue will reach about 26.9 billions euros, with simulated EBIT (Earnings Before Interest and Taxes) of approximately 4.8 billions euros, and a total workforce exceeding 150,000 employees. Italian Post expects that, after full integration, about 700 millions euros of pre-tax synergies can be generated annually.
19:54
Crypto miners shift resource reserves to the artificial intelligence sector as mining difficulty plummets
Jinse Finance reported that, according to CloverPool data, on March 20, bitcoin mining difficulty dropped sharply by nearly 8% at block height 941,472. Industry giants including Core Scientific and Riot Platforms are increasingly shifting their resource reserves from pure cryptocurrency mining to the artificial intelligence sector. This strategic transformation reflects the harsh economic realities faced by data center operators. Traditional bitcoin mining revenue is affected by cyclical fluctuations in the cryptocurrency market, while artificial intelligence workloads can generate considerable long-term returns.
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