Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

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

banner
Flash
01:08
Morgan Stanley sets the benchmark target for the TOPIX index at 4,300 points
Golden Ten Data reported on May 22 that, in its mid-term outlook, Morgan Stanley considers Japanese equities the top investment choice in the Asian market. The bank has set a target of 4,300 points for the TOPIX index, suggesting about 12% upside remains. The preference is supported by the capital expenditure supercycle theory, with earnings forecasts raised for sectors including materials, semiconductors, technology hardware, and defense capital goods, while consumer-facing industries face broad downward pressure. Energy shocks are viewed as a short-term drag rather than a structural threat; however, rising producer prices and supply disruptions related to the North American Free Trade Agreement have complicated the timeline for Japan’s nominal GDP recovery.
01:06
Data: Whale Evaded increased its ETH 25x long position, valued at approximately $38.5 million
According to ChainCatcher, on-chain analyst Onchain Lens (@OnchainLens) has monitored that the well-known whale Whale Evaded (@ICanPlug) has increased their 25x leveraged ETH long position to 18,100 ETH (approximately $38.5 million). At the same time, they continue to hold 10x leveraged long positions in ZEC and HYPE, with current unrealized profits exceeding $7.6 million.
01:00
Mark Cuban: Has Sold Most of His Bitcoin Because It Failed to Serve as a Hedge
Foresight News reported that billionaire entrepreneur and former NBA Dallas Mavericks owner Mark Cuban stated on the Front Office Sports podcast that he has sold most of his Bitcoin holdings, as he believes Bitcoin has failed to effectively hedge against risks caused by a weaker US dollar and geopolitical turmoil, especially during the recent Iran conflict. “When the Iran war triggered this chaos, Bitcoin was always regarded as the best alternative to fiat currency devaluation, and I always thought it was superior to gold. However, while gold prices soared, Bitcoin dropped. And every time the US dollar depreciates, Bitcoin should have risen, but it hasn’t.”
Markets