Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

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

banner
Flash
08:19
ING: The British Pound Shows Limited Reaction to Leadership Change, Political Risk Premium Not Evident
(1) Francesco Pesole from ING Group stated in a report that the pound's reaction to prospects of changes in UK leadership has been relatively limited. "Our short-term fair value model shows that the euro versus the pound is not overvalued, indicating no political risk premium." (2) He said that the model’s results suggest the market is relaxed about potential leadership changes, but it also means that if fiscal concerns resurface, the pound will face greater downside risk. According to reports, UK Prime Minister Keir Starmer is expected to announce his resignation on Monday, with Andy Burnham being a hot contender to succeed him. (3) The limited market reaction reflects that Andy Burnham has adopted a more market-friendly approach in his budget plans. Pesole said the next critical test will be the choice of Chancellor of the Exchequer. EUR/GBP rose 0.1% to 0.8675
08:19
Analyst: 10-year Japanese government bond yields are expected to rise due to concerns over fiscal and central bank policies
Odaily reported that Tsuyoshi Ueno, an economist at Japan Center for Life Science Research, said concerns that the consumption tax reduction plan could further worsen Japan’s fiscal situation are driving expectations that the yield on Japan’s 10-year government bonds will rise above 2.7% within the next three months. “In addition, the market is also concerned that the Bank of Japan may be falling behind in addressing inflation issues, which could likewise push government bond yields higher,” Tsuyoshi Ueno pointed out. (Golden Ten Data)
08:19
U.S. Stocks Movement: HIVE extends pre-market gains by 2.7%, partners with Bell and Cohere to expand AI infrastructure
Glonghui June 22|Last Thursday (18th), Canadian Bitcoin miner HIVE Digital Technologies (HIVE.US) closed up 7.3%. Today, its US pre-market shares continue to rise by 2.7%, trading at $4.375. According to reports, HIVE officially announced that its AI subsidiary BUZZ HPC has signed a three-year GPU cloud service agreement with Bell AI Fabric, with a total contract value of approximately $220 million. The core objective of this collaboration is to provide underlying computing power support for AI startup Cohere. This move marks a substantial step in HIVE's strategic expansion into high-performance computing and AI infrastructure. (Glonghui)
Markets