Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

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

banner
All
Crypto
Stocks
Commodities & Forex
Macro
Flash
11:55
US optical communication stocks continue to rise in pre-market trading, with Marvell Technology up over 9%
According to Odaily, based on MSX.COM data, US optical communication stocks continue to rise in pre-market trading. One exchange is up more than 9%, POET is up more than 5%, AAOI and Credo are up more than 4%, and Corning is up nearly 3%.
11:52
The only way out of the UK debt crisis is to achieve a real GDP growth of 4% to 5%, rather than by raising taxes or cutting spending.
(1) The UK is facing warnings of a debt crisis. Former IMF Chief Economist Rogoff stated that the probability of a major debt crisis occurring in the UK before the end of this decade has exceeded 50%. In 2012, Chairman of the UK Office for Budget Responsibility, Chote, declared "UK bankruptcy," warning that unless the government reduces expenditure or increases taxes, national debt could spiral out of control. (2) However, taxes are already at historical highs, leaving limited room for further increases; and significant spending cuts are almost politically impossible. Therefore, the only remaining solution is to change the denominator—that is, achieve significant economic growth. The difference between debt 100/100 and debt 100/200 is substantial. Sustained real GDP growth of 4% to 5% over ten years could resolve almost all issues. (3) The path to growth is relatively clear: economic growth is essentially the natural byproduct of people trying new things and accomplishing more. The key to unlocking growth lies in stopping the prevention of innovation and reducing regulatory intervention. Rather than triggering intense political battles over cutting redistributive spending, it is more feasible to choose the pathway of trimming regulatory government. From an economic standpoint, the UK currently faces a problem of structurally weak growth, rather than merely a cyclical fiscal predicament. Going forward, attention should be given to whether the UK government will introduce substantive measures to loosen regulations and promote investment.
11:51
Strive increased its holdings by 32 BTC last week, with an average price of approximately $63,911.
Foresight News reports, citing Reuters and SEC filings, that Bitcoin treasury company STRIVE purchased 32 Bitcoin at an average price of $63,911 between June 2 and June 7, 2026.
News