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Solana Up 9%—But Long-Term Holders Are Selling Into Strength
Solana Up 9%—But Long-Term Holders Are Selling Into Strength

Solana price is flashing signs of near-term weakness as long-term holders trim exposure and big money inflows remain muted. While short-term gains kept it steady this week, a near 3% dip could test key support near $192, where failure to hold might open the way for deeper losses.

BeInCrypto·2025/10/30 00:00
Innovate NY Announces $4.2B Economic Impact from Immigrant Innovation, Endorses Cuomo
Innovate NY Announces $4.2B Economic Impact from Immigrant Innovation, Endorses Cuomo

A Bold Plan for Economic Growth Through Civic Real-World Tokenization with Projects Like Tokenize the Border™ The independent political organization Innovate NY PAC reiterated its support for Andrew Cuomo for Mayor of New York City, emphasizing his leadership and commitment to making New York the global capital of technology, crypto innovation, and economic opportunity. In

BeInCrypto·2025/10/30 00:00
Government Shutdown While the White House is Being Renovated: Who is Paying for Trump's $300 Million "Private Banquet Hall"?
Government Shutdown While the White House is Being Renovated: Who is Paying for Trump's $300 Million "Private Banquet Hall"?

U.S. President Trump has approved the demolition of the White House East Wing to build a large banquet hall funded by private donors, including Trump himself and several companies from the technology, defense, and crypto industries. This move has sparked controversy and criticism for allegedly using power to raise funds. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.

MarsBit·2025/10/29 23:38
Powell Turns Hawkish: December Rate Cut Far from Certain, Government Shutdown May Force Fed to Hit the Brakes | Golden Ten Data
Powell Turns Hawkish: December Rate Cut Far from Certain, Government Shutdown May Force Fed to Hit the Brakes | Golden Ten Data

The Federal Reserve has cut interest rates by another 25 basis points and announced the end of quantitative tightening in December. During the press conference, Powell emphasized the necessity of "slowing the pace of rate cuts," prompting the market to quickly adjust its expectations and causing risk assets to decline across the board.

Jin10·2025/10/29 23:34
Bitcoin Price Slips Below $110,000 As Conviction Continues To Erode
Bitcoin Price Slips Below $110,000 As Conviction Continues To Erode

Bitcoin’s decline under $110,000 highlights weakening investor conviction and renewed selling from long-term holders, with bulls needing to reclaim $115,000 to restore market momentum.

BeInCrypto·2025/10/29 23:29
Bloomberg: $263 million in political donations ready as the crypto industry ramps up for the US midterm elections
Bloomberg: $263 million in political donations ready as the crypto industry ramps up for the US midterm elections

This amount is nearly twice the maximum SPAC Fairshake invested in 2024, and slightly exceeds the total spending of the entire oil and gas industry in the previous election cycle.

BlockBeats·2025/10/29 22:44
Flash
05:13
Institution: Japan's output gap remains positive, which may support further rate hikes
```htmlGolden Ten Data reported on July 6 that Maruyama Yoshimasa, an economist at SMBC Nikko Securities, stated that the Bank of Japan’s first-quarter output gap estimate shows a stable positive trend, which helps drive inflation higher. He pointed out that this data can be seen as a reason to support further rate hikes. However, he added that the positive output gap has not widened, indicating there is currently no urgent need to accelerate the pace of monetary tightening. "If there is a need to speed up rate hikes or increase their magnitude in the future, it may be due to the delayed but significant transmission effect of inflationary pressures stemming from the situation in the Middle East, or a rise in inflation expectations," he said.```
05:13
The deployer of meme coin TCC may have only profited $76,000, missing out on a potential peak gain of $43.4 million.
BlockBeats News, July 6, according to reports, the deployer of the Meme coin TCC (0x699) bought in after creating the token, at a market cap of around $12,800, investing about $10,200. Subsequently, as TCC's market cap rose, this address sold all holdings at an average market cap of around $124,000, ultimately earning a profit of only about $76,000. Based on TCC's market cap peak of approximately $70.88 million, the deploying address potentially "missed out" on around 571 times the profit, with unrealized gains at one point reaching about $43.44 million. Even at the current market cap, the potential profit still stands at roughly $22.94 million. As of press time, TCC's market cap is about $37.8 million, down approximately 47% from its peak, with a 24-hour trading volume as high as $64.5 million. BlockBeats Note: Meme coin trading experiences significant volatility, is often driven by market sentiment and speculation, and generally lacks actual value or use cases. Investors should be aware of the risks.
05:11
Analysis: Bitcoin rebounds but spot trading volume rapidly shrinks, long squeeze risk in derivatives is accumulating
According to ChainCatcher, crypto analyst Murphy pointed out that during Bitcoin's rebound from $58,000 to nearly $64,000, the relative spot trading volume declined rapidly. A rebound lacking support from spot demand is unlikely to form the basis for a trend reversal and is usually merely an emotional corrective move. Attention should be paid to the sustainability of the rebound. On a positive note, the USDC/USDT exchange rate has pulled back from 1.001 to 1.0006, indicating a weakening intention to exit the market and a rise in trading intention. Although mainstream stablecoins on exchanges are still experiencing net outflows, the scale of outflows continues to narrow, and the marginal improvement in liquidity is supporting the continuation of the rebound. However, the weakening spot-driven force means that derivatives' weight has relatively increased. The 7-day average perpetual futures long premium has continued to rise to $160,000 per hour, indicating that taker buying is persistently pushing perpetual prices above spot. Although open interest has declined somewhat, it remains significantly higher than its level in February this year. The current long premium is still within the normal range, but as the rebound continues, long squeeze risks will continue to accumulate—once open interest rebounds again, an intense battle between longs and shorts could lead to faster and sharper volatility, which is a potential risk to watch in advance.
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