Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

News

Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

LogX Tokenomics: $LOGX Token Introduction
LogX Tokenomics: $LOGX Token Introduction

LogX Network·2024/09/24 06:44
What is LogX Network?
What is LogX Network?

World’s First On Chain Consumer Super App

Logx Network·2024/09/24 06:39
Bitcoin, Ethereum ETF Recap: What Was US Investors’ Strategy During Fed’s Rate-Cut Week?
Bitcoin, Ethereum ETF Recap: What Was US Investors’ Strategy During Fed’s Rate-Cut Week?

The spot Ethereum ETFs have seen two consecutive days of net inflows.

Cryptopotato·2024/09/20 16:00
Bitget VIP Weekly Research Insights
VIPBitget VIP Weekly Research Insights

Liquid staking emerged after Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. Its primary goal is to enhance asset utility by allowing users to earn staking rewards while maintaining the liquidity of their staked positions. Currently, mainstream liquid staking protocols allow users to stake their assets in exchange for liquid staking tokens (LSTs). For instance, by staking ETH on platforms such as Lido, users receive stETH tokens. This approach is commonly referred to as "liquid staking derivatives" (LSDs). Since Binance hinted at collaborating with Sanctum to launch the Solana liquid staking token BNSOL, Sanctum's governance token CLOUD has gained significant attention, rising despite unfavorable market trends. On September 5, Bybit announced its partnership with Solayer to launch bbSOL. Additionally, major exchanges have unveiled plans to introduce Solana LST tokens. EigenLayer also began its second season of airdrop claims this week, with its governance token EIGEN potentially circulating by the end of September. The LSD and restaking sectors are gaining quiet momentum, potentially setting the stage for a new wave of hype around restaking within the SOL ecosystem.

Bitget·2024/09/13 06:30
Flash
  • 16:19
    BlackRock's Bitcoin ETF Positions Surpass $34 Billion in Market Value
    According to an official update from BlackRock, as of 7 November, BlackRock's Bitcoin ETF position reached 447,280.6806 BTC and its market capitalisation exceeded $34 billion, touching $34,292,687,741.18.
  • 16:18
    U.S. consumer confidence rises, inflation expected to slow next year
    US consumer confidence climbed to its highest level in seven months in November, buoyed by Americans' optimism about the future of the economy and their finances. The University of Michigan's preliminary consumer confidence index for November rose to 73, above expectations of 71. Expectations surged to 78.5, the highest since mid-2021. The optimistic outlook also reflects Americans' expectations of slower inflation. Consumers expect prices to rise 2.6 per cent next year, the lowest level since 2020. However, expectations for inflation over the next five to 10 years rose to 3.1 per cent. The survey was conducted between 22 October and 4 November. Joanne Hsu, director of the survey, said: ‘Consumers have consistently said that the future of the economy depends on who wins the presidential election. Looking ahead, the inflationary impact of the next administration's economic policies is likely to be a top concern for consumers and drive the trajectory of their confidence in the economy's performance.’ The Index of Personal Finance Expectations rose to its highest since March, in part due to an improvement in personal finances. Confidence in long-term business conditions jumped to a nearly four-year high.
  • 16:13
    BlackRock's Bitcoin ETF Positions Surpass $34 Billion in Market Value
      According to an official update from BlackRock, as of 7 November, BlackRock's Bitcoin ETF position reached 447,280.6806 BTC and its market capitalisation exceeded $34 billion, touching $34,292,687,741.18.
Markets