Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

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

banner
Flash
14:59
Citadel Securities Warns: Fed May Be Forced to Raise Rates Soon
Citadel Securities believes that the next major risk facing investors is the tightening of financial conditions, as the Federal Reserve may need to "quickly" raise interest rates to curb escalating inflation pressures. Nohshad Shah, head of fixed income sales for Citadel Securities in the Europe, Middle East, and Africa (EMEA) region, wrote in a client report that the combination of a massive generative AI investment cycle, tighter energy markets, and an increasingly strong labor market is amplifying the upside risks to economic growth and inflation. "The Fed's next move is most likely to be a rate hike... which may come soon."
14:42
Markus Thielen: Bitcoin fell below $60,000 due to ETF sell-offs
Markus Thielen from 10x Research stated that Bitcoin falling below $60,000 was mainly due to institutional selling through spot Bitcoin ETFs following the release of U.S. April inflation data. Since the publication of the April CPI report on May 12, the net redemption amount for U.S.-listed Bitcoin ETFs has reached $5.4 billion. He believes that if the May CPI inflation data released on Wednesday is higher than 4%, Bitcoin's rebound may be difficult to sustain.
14:41
After a short-term surge of over 77%, FTT has retraced and is currently trading at $0.335.
BlockBeats News, June 8th, according to an exchange market data, FTT surged over 77% briefly before pulling back, now trading at $0.335. Earlier, Bloomberg reported that FTX co-founder Sam Bankman-Fried (SBF) has officially submitted a pardon application to U.S. President Trump, seeking to overturn his 25-year prison sentence for the FTX fraud case.
News