Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

News

Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

SUI Open Interest Drops $250 Million After Price Falls by 13%  
SUI Open Interest Drops $250 Million After Price Falls by 13%  

SUI's price faces uncertainty after a sharp drop and weakening market sentiment. Investors are waiting for a breakout, with $3.94 as the key level for a potential rebound.

BeInCrypto·2024/12/11 01:00
Goldman Sachs Awaits Regulatory Changes to Deepen Involvement in Bitcoin, and Ethereum
Goldman Sachs Awaits Regulatory Changes to Deepen Involvement in Bitcoin, and Ethereum

Goldman Sachs is poised to enter the crypto market, but only if the U.S. regulatory framework evolves, says CEO David Solomon, aligning with Trump's pro-crypto stance.

BeInCrypto·2024/12/11 00:22
Cardano (ADA) May Remain Below $1 Amid Whale Selloff and Profit-Taking
Cardano (ADA) May Remain Below $1 Amid Whale Selloff and Profit-Taking

Cardano’s price faces downward pressure from a combination of whale sell-offs and widespread profit-taking, putting its value at risk of falling below $1 in the short term.

BeInCrypto·2024/12/10 23:04
Magic Eden Airdrop Chaos: Farmers Miss $17 ME Token Peak Amid Tough Claim Process
Magic Eden Airdrop Chaos: Farmers Miss $17 ME Token Peak Amid Tough Claim Process

Magic Eden's ME token airdrop sparked excitement but faltered due to claim issues, leaving users unable to capitalize on peak prices.

BeInCrypto·2024/12/10 22:12
Bitwise Predicts Bitcoin at $200,000 and Major Gains for Crypto Stocks in 2025
Bitwise Predicts Bitcoin at $200,000 and Major Gains for Crypto Stocks in 2025

Bitwise forecasts Bitcoin at $200,000, record highs for Ethereum and Solana, and major growth in crypto stocks by 2025.

BeInCrypto·2024/12/10 16:18
Vancouver’s city council greenlights exploring Bitcoin in municipal finance
Vancouver’s city council greenlights exploring Bitcoin in municipal finance

Quick Take Vancouver’s city council passed its mayor’s motion to explore how Bitcoin could be incorporated into its financial systems.

The Block·2024/12/10 16:00
Flash
  • 14:26
    Scallop: Total revenue has exceeded 3.5 million dollars, a loyalty program of 100,000 dollars is about to be launched
    On December 21, the Sui ecological lending protocol Scallop announced on platform X that the total income of the platform has exceeded $3.5 million. The official will once again carry out SCA token repurchase and reward distribution. The total reward is worth $100,000 in sSCA tokens, with the event running from December 22 to December 25. The first snapshot will be taken at 8 a.m. Beijing time on December 22, and users need to pledge and hold at least 1,500 veSCA tokens to receive daily sSCA rewards. Subsequently, the spread of Scallop's native USDC and wUSDT pools will increase from 20% to 30%.
  • 14:24
    The MultiversX Foundation launches an annual funding program "Growth Games" worth 1.5 million dollars
    According to Globenewswire, the MultiversX Foundation has announced the launch of a $1.5 million annual funding program "Growth Games", aimed at supporting innovation in key vertical areas such as DeFi, AI infrastructure and education in the crypto industry. This includes an annual grant of $500,000 to support more than 5 innovative projects through xLaunchpad and joint incubation programs.
  • 14:24
    Industry insiders: Some Bitcoin users may not like MicroStrategy due to concerns about self-custody issues
    On December 21, Ki Young Ju, the founder and CEO of CryptoQuant, posted on platform X saying that different forms of currency require different gateways. Bitcoin users should recognize that MicroStrategy is the portal connecting NASDAQ 100 currency and Bitcoin. He doesn't understand why some Bitcoin users dislike MicroStrategy. They may express concerns about self-custody, but in reality few people practice self-custody - just as only a minority care about privacy leaks. The bitcoin banking model of MicroStrategy aligns very well with current adoption levels; if active fund management at the gateway can acquire large amounts of bitcoin with relatively less capital, it signifies the success of bitcoin banking. Of course, there's always a risk of failure so people should see it as entrusting their funds to a bank for the purpose of acquiring more bitcoins using bitcoin itself as a form of currency.
News