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14:12
Stellar CMO: The crypto industry needs to abandon the “get-rich-quick narrative” and shift to “getting rich slowly” to gain mainstream trust
Odaily reports that Stellar Development Foundation's new Chief Marketing Officer Jason Karsh stated that for the crypto industry to achieve mainstream adoption, it must shift from short-term speculation and "hype cycles" to long-term value creation, emphasizing that "get rich slow" is the key path to building trust. Karsh pointed out that the industry has long relied on obscure terminology and technical jargon, widening the cognitive gap with ordinary users. He believes that crypto, in its early phase, "peaked too early in the public eye" due to speculative fervor, distorting its true value potential. He stressed that the real opportunity lies in rebuilding global financial infrastructure to enable more efficient value transfer and storage, and since 2014, Stellar Development Foundation has remained focused on payments and cross-border financial applications, now benefiting from the gradual regulatory recognition of stablecoins and tokenized assets. Karsh referred to stablecoins as "the first killer app," but also pointed out that the public still faces understanding barriers and suggested redefining them as "programmable dollars." He said the industry's future goal is to bring tens of trillions of dollars in assets on-chain, but the key is to rebuild trust in both products and narratives, rather than relying on token issuance to drive growth. He concluded that the next round of crypto growth will come from replacing traditional financial infrastructure, not just speculative cycles, but in the short term, the priority is to complete the fundamental phase of "attracting 100 million real users."
14:10
US Stock Movement | General Dynamics (GD.US) rises over 9% as
On the news front, on April 29, General Dynamics announced revenue of $13.5 billion for Q1 2026, exceeding the FactSet expectation of $12.7 billion. Diluted earnings per share reached $4.10, a 12% year-on-year increase, reflecting strong performance. In Q1 2026, the company’s total order volume reached $26.6 billion, with an overall book-to-bill ratio of 2 to 1. Notably, the defense business segment's book-to-bill ratio was 2.2 to 1, indicating strong future revenue potential.
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