Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
XRP News Update: XRP ETF Buzz vs. Death Cross: Can the $1.75 Support Level Remain Intact?
XRP News Update: XRP ETF Buzz vs. Death Cross: Can the $1.75 Support Level Remain Intact?

- XRP faces critical junctures near $2.14 as Grayscale's spot ETF (GXRP) launch looms, with $1.75 support level pivotal for short-term stability. - A death cross pattern raises bearish concerns, suggesting potential 55% price drop to $1 if technical indicators fail to hold. - Institutional crypto products like Leverage Shares' 3x ETFs and 1inch's liquidity pools highlight growing institutional interest amid market volatility. - DeFi struggles with $12B idle capital while projects like Mutuum Finance aim to

Bitget-RWA·2025/11/23 08:44
Bitcoin Updates: Negative Derivatives Meet Optimistic Institutions as Bitcoin's Future Remains Uncertain
Bitcoin Updates: Negative Derivatives Meet Optimistic Institutions as Bitcoin's Future Remains Uncertain

- Bitcoin fell below $85,500 amid bearish derivatives positioning, macroeconomic uncertainty, and dormant wallet sell pressure, with puts dominating calls at $85,000 strike price. - Institutional bulls like Michael Saylor's Strategy reported $2.8B Q3 profits from BTC holdings and pledged continued accumulation during the slump. - The Bitcoin for America Act proposes tax payments in BTC without capital gains liability, aiming to create a Strategic Bitcoin Reserve and modernize U.S. finance. - Derivatives pl

Bitget-RWA·2025/11/23 08:44
Bitcoin Experiences Sharp Decline as Macroeconomic Conditions Change: The Impact of Increasing Interest Rates and Heightened Regulatory Oversight on Cryptocurrency Values
Bitcoin Experiences Sharp Decline as Macroeconomic Conditions Change: The Impact of Increasing Interest Rates and Heightened Regulatory Oversight on Cryptocurrency Values

- Bitcoin's 2025 late-year drop from $126,000 to $80,000 reflects heightened sensitivity to Fed policy shifts and regulatory pressures. - Fed officials like Susan Collins signaled "mildly restrictive" policy, crushing rate cut expectations and triggering 70% decline in December cut odds. - Regulatory crackdowns on crypto mixing and mining contrasted with institutional buying (e.g., Cardone Capital's $15. 3M Bitcoin purchase) amid market volatility. - Political uncertainty (60% expect Trump-era crypto gains

Bitget-RWA·2025/11/23 08:22
Bitcoin’s Abrupt Price Swings and Institutional Outflows: An In-Depth Analysis of Market Dynamics and Liquidity Challenges
Bitcoin’s Abrupt Price Swings and Institutional Outflows: An In-Depth Analysis of Market Dynamics and Liquidity Challenges

- Institutional investors are shifting capital from Bitcoin to AI infrastructure, driven by higher returns in 2025. - Bitcoin's liquidity has declined, with order book depth dropping to $14M by mid-2025, exacerbating volatility. - Structural shifts, including mining repurposing and AI-focused capital flows, threaten Bitcoin's hash rate and market stability. - Alternative projects like XRP Tundra and AI-driven risks challenge Bitcoin's dominance, complicating investor strategies.

Bitget-RWA·2025/11/23 08:22
X Financial Shifts to Risk-First Approach: Third Quarter Revenue Drops 13.7% Amid Strategic Change
X Financial Shifts to Risk-First Approach: Third Quarter Revenue Drops 13.7% Amid Strategic Change

- X Financial reported 23.9% YoY revenue growth to RMB1.96B in Q3 2025, but saw 13.7% sequential decline due to cautious lending and risk prioritization. - Net income rose 12.1% annually to RMB421M but fell 20.2% sequentially, driven by higher credit provisions and operating costs. - Share repurchases under $100M buyback program totaled $67.9M, with $48M remaining as the company emphasizes disciplined risk management. - Strategic pivot to risk mitigation contrasts with broader fintech sector caution, refle

Bitget-RWA·2025/11/23 08:04
Ethereum News Today: Ethereum Faces $2,800 Test—Will It Surge to $3,000 or Retreat to $2,300?
Ethereum News Today: Ethereum Faces $2,800 Test—Will It Surge to $3,000 or Retreat to $2,300?

- Ethereum tests $2,800 resistance, key threshold for November, with potential to rebound toward $3,000 if breakout succeeds. - Recent $55.7M inflow into ETH ETFs, led by Fidelity’s FBETH, signals cautious institutional interest after nine-day outflow streak. - Technical indicators show improved momentum with RSI rebound and MACD stabilization, but $2,800 remains critical for further gains. - Derivatives data and Coinbase’s ETH-backed lending expansion hint at conditional recovery, though liquidation risks

Bitget-RWA·2025/11/23 07:08
Ethereum Updates: Centralized DNS Compromise Highlights DeFi Weaknesses as Aerodrome Suffers $1 Million Loss
Ethereum Updates: Centralized DNS Compromise Highlights DeFi Weaknesses as Aerodrome Suffers $1 Million Loss

- Aerodrome Finance suffered a DNS hijacking attack on Nov 22, 2025, redirecting users to phishing sites that siphoned over $1M in assets through deceptive transaction approvals. - Attackers exploited vulnerabilities in centralized domain registrar Box Domains, forcing users to approve unlimited access to NFTs and stablecoins via two-stage signature requests. - The protocol shut down compromised domains, urged ENS-based access, and revoked recent token approvals, marking its second major front-end breach i

Bitget-RWA·2025/11/23 07:08
Trump and Mamdani’s Bet on Affordability: Uniting Opposing Ideologies
Trump and Mamdani’s Bet on Affordability: Uniting Opposing Ideologies

- Trump and Mamdani's Nov. 21 meeting highlights clashing ideologies on affordability and governance, with New York's $1.286T economy at stake. - Both leaders share focus on cost-of-living crises but differ sharply on solutions, with Trump threatening federal funding cuts and Mamdani advocating rent freezes. - Experts see the dialogue as critical for redefining strained city-federal relations, emphasizing urban centers' role as economic engines. - Mamdani's corporate tax proposals clash with Trump's deregu

Bitget-RWA·2025/11/23 06:52
Bitcoin News Update: Navigating Crypto’s Balancing Act to Steer Clear of 2018’s Downturn as Global Economic Conditions Evolve
Bitcoin News Update: Navigating Crypto’s Balancing Act to Steer Clear of 2018’s Downturn as Global Economic Conditions Evolve

- Crypto markets avoid 2018-style collapse as macro-driven cycles and reduced speculation prolong volatility, per Lyn Alden. - Fed policy uncertainty and leveraged ETF launches highlight risks and innovations amid $2.2B crypto outflows and $914M liquidations. - MSTR's BTC gains and Gunden's $1.3B sell-off reflect divergent investor strategies, while Munari's Solana project targets long-term adoption. - Analysts split between 65-70% Bitcoin retracement forecasts and prolonged cycles driven by institutional

Bitget-RWA·2025/11/23 06:52
Bitcoin Updates: U.S. Suggests Using Bitcoin for Tax Payments to Dominate Worldwide Digital Economy
Bitcoin Updates: U.S. Suggests Using Bitcoin for Tax Payments to Dominate Worldwide Digital Economy

- U.S. Rep. Warren Davidson introduced the "Bitcoin for America Act," allowing Americans to pay federal taxes in Bitcoin and creating a Strategic Bitcoin Reserve. - The bill cites Bitcoin's fixed supply and long-term appreciation potential, aligning with corporate strategies like Michael Saylor's $48.37B BTC holdings. - It aims to counter global competition from China/Russia while balancing risks like BTC's 30% price drop from its August peak. - Proponents argue voluntary BTC tax contributions could build

Bitget-RWA·2025/11/23 06:52
Flash
08:12
US Semiconductor Stocks Extend Pre-market Decline, ARM Falls Over 4%
BlockBeats News, June 10th, according to Bitget data, pre-market trading of US semiconductor stocks continued to fall. ARM dropped over 4%, Micron Technology dropped over 3%, Marvell Technology dropped nearly 3%, Intel and AMD dropped over 2%, Broadcom dropped nearly 2%, NVIDIA and TSMC dropped over 1%.
07:52
CITIC Securities Maintains 'Buy' Rating on NVIDIA with Target Price of $315
On June 10, CITIC Securities maintained its 'Buy' rating on NVIDIA with a target price of $315, and also maintained its 'Overweight' rating on Broadcom with a target price of $525.
07:41
Goldman Sachs and Morgan Stanley Compete for Lead Underwriter Role in OpenAI and Anthropic IPO, Potential Revenue Exceeding $7 Billion
BlockBeats News, June 10th, according to Fortune report, Goldman Sachs and Morgan Stanley are competing to be the lead underwriters for OpenAI and Anthropic's future IPO. Previously, Goldman Sachs has secured the lead underwriter position for the SpaceX IPO, scheduled for June 12th. The IPOs of OpenAI and Anthropic are both expected to raise at least $60 billion, totaling over $120 billion. University of Florida IPO expert Jay Ritter stated that the lead underwriter will determine how much IPO stock each fund receives, potentially providing significantly higher returns than other underwriters. Ritter mentioned that institutional investors often pay substantial "soft dollars" to the lead underwriter to receive more IPO allocations, where trading commissions exceed the actual execution costs. If it is still uncertain whether Goldman Sachs or Morgan Stanley will secure the lead underwriting position for OpenAI and Anthropic, funds may allocate more trading commissions to both investment banks simultaneously to increase their chances of allocation. Using the SpaceX IPO as an example, if the fundraising reaches $860 billion, the underwriting fee would be around $600 million. However, if the first-day share price rises by 20%, IPO investors' unrealized gains would exceed $17 billion. Ritter estimates that at least 30% of this amount, possibly around $5 billion, could flow back to the investment banks in the form of soft dollars, significantly surpassing the underwriting fee itself. If both OpenAI and Anthropic companies rise by 20% on their debut days, investors' unrealized gains would reach $24 billion. Calculating based on the same ratio, the investment banks could receive over $7 billion in soft dollars, with most flowing to the lead underwriters. Currently, OpenAI and Anthropic have both secretly filed draft registration statements but have not yet confirmed their listing dates.
Markets