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04:41
Palm oil remains weak as demand concerns suppress prices
⑴ Malaysian palm oil futures fell by about 1% to below 4,600 ringgit per ton, extending their sluggish performance. Weak export data added pressure, with shipping surveyors estimating that shipments between May 1 and 20 dropped by 13.9% to 20.5% compared to the previous month. ⑵ Imports by the largest buyer, India, declined by 26% in April from the previous month to a four-month low, reflecting weaker institutional demand and a narrowing price gap with other oils, further deepening demand concerns. However, high crude oil prices provided support, boosting expectations for biodiesel demand and highlighting global supply risks. ⑶ In addition, Jakarta will raise the mandatory biodiesel blending rate from B40 to B50 in July, while Malaysia will increase its blending requirement from B10 to B15 in June.
04:40
Nanya Technology: Production capacity will increase by 80% to 100% compared to current levels in 2-3 years
Golden Ten Data reported on May 21 that Nanya Technology Chairman Chou Ming-Jen stated the company will complete the verification of its 16Gb DDR5 product this year and advance the trial production progress of LPDDR5 products, while accelerating R&D for its self-developed 1C, 1D, and 1E process technologies. Capital expenditure for 2026 is expected to exceed NT$52 billion. General Manager Lee Pei-Ying said the new plant is expected to start equipment installation next year and contribute to production from the end of next year to the following year, with an expected increase of over 30,000 wafers. It is anticipated that Nanya Technology’s production capacity will rise by 80% to 100% in 2-3 years compared to the current level.
04:38
Report: Digital wallets now account for over half of global online transactions, and cryptocurrency is set to become the fastest-growing online payment method.
ChainCatcher news, according to Jinse Finance, Global Payments, a global payment technology and software company, has released its "Global Payments Report 2026," which points out that digital wallets now account for more than half of all online transactions and one third of offline transactions worldwide. Digital wallets can flexibly integrate various payment methods such as cryptocurrency. The report predicts that paying directly with cryptocurrency will become the fastest-growing online payment method, with a compound annual growth rate of 16% from 2025 to 2030. This means that by 2030, e-commerce transactions paid directly with cryptocurrency could account for 0.28% of global e-commerce volume, nearly $3.1 billion. However, despite the global total market value of cryptocurrencies approaching $3.2 trillion by the end of 2025, they still remain a relatively marginal payment method for consumer-to-merchant payments. Reports from MRC and Visa show that only 10% of merchants worldwide directly accept cryptocurrency payments. In 2025, cryptocurrency will account for just 0.19% of global e-commerce transactions, about $1.5 billion.
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