Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

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

banner
Flash
06:00
The Bank of England Chief Economist Huw Pill believes Brexit has exacerbated the persistence of inflation in the UK.
Bank of England Chief Economist Pill believes that Brexit has made the UK more susceptible to self-sustaining inflation.
05:58
Analyst: Eurozone total government bond issuance is expected to decline in Q3
Golden Ten Data reported on June 29 that Elmar Voelker, Senior Fixed Income Analyst at LBBW, predicts that the total government bond issuance in the eurozone for the third quarter will decrease by 20% quarter-on-quarter to €323 billion. However, he stated that the net issuance (total issuance minus redemptions) is expected to increase by 5% to just under €110 billion. This issuance forecast is based on the expectation that national debt management agencies will continue to follow the usual seasonal issuance pattern, with bond supply typically slowing during the summer months. He pointed out that over the past four years, the quarter-on-quarter decline in total government bond issuance in the eurozone from the second to the third quarter ranged between 18% and 23%. In addition, the annual completion rate of eurozone bond financing has reached 60%.
05:54
Former Meme Stock "BB" BlackBerry Skyrockets 270% in March, Trader Long on Position Earns 318% Return
BlockBeats News, June 29th, according to Hyperinsight monitoring, BlackBerry (BB) continues to receive funding enthusiasm, with a nearly 40% increase in the past 7 days, and a total surge of 270% since the early April low. Trading at $11.6 on Hyperliquid, up 3.4% intraday. A trader with the address starting with 0xa5fd went long 10x on the first day of trading the contract on trade.xyz (now 32 days ago), investing $58,000 to open a position. The current unrealized profit has reached $186,000, with a return of approximately 318%. The average entry price is $8.8, with a position size of $770,000. Additional information: In recent years, BlackBerry has completed its transition to the software business. Its core product, the QNX real-time operating system, is widely used in smart cars, autonomous driving, and robotics. The recent surge in stock price is mainly attributed to the market revaluing it based on the Physical AI concept, continuous growth in the QNX business, better-than-expected Q1 performance, and raised full-year guidance. BlackBerry, once a global leader in business smartphones, gained popularity again during the 2021 U.S. "Retail Investors vs. Wall Street" meme craze after its smartphone business declined. There are mixed views on the current rally, with some believing that its fundamentals have improved sufficiently, while others see it as a resurgence of meme stock trading.
News