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.

Bitcoin liquidations spike amid market volatility; price hovers around $62,000
Bitcoin liquidations spike amid market volatility; price hovers around $62,000

Bitcoin long liquidations have spiked above $30 million in the past 24 hours.Bitcoin’s price has dipped over 3% during this time, currently trading at $62,300.

The Block·2024/05/08 09:28
BTC price clings to $62K as Bitcoin bulls suffer post-halving 'boredom'
BTC price clings to $62K as Bitcoin bulls suffer post-halving 'boredom'

Bitcoin may be preparing for trend continuation, but on short timeframes, BTC price behavior is inspiring no one.

Cointelegraph·2024/05/08 08:40
DOGE, SOL, AVAX Keep Plummeting as BTC Slumps Toward $62K (Market Watch)
DOGE, SOL, AVAX Keep Plummeting as BTC Slumps Toward $62K (Market Watch)

The total crypto market cap has lost almost $100 billion daily and $150 billion since Monday.

Cryptopotato·2024/05/08 08:34
Spot bitcoin ETFs snap brief inflow streak as GBTC outflows overpower
Spot bitcoin ETFs snap brief inflow streak as GBTC outflows overpower

While every other spot bitcoin ETF had inflows or no flows, GBTC’s significant outflows overpowered the market.

The Block·2024/05/08 08:16
Vitalik Buterin proposes EIP-7702 aiming to refine account abstraction on Ethereum
Vitalik Buterin proposes EIP-7702 aiming to refine account abstraction on Ethereum

Quick Take Vitalik Buterin and co-authors proposed EIP-7702 as an alternative to EIP-3074 to refine Ethereum’s account abstraction. It lets EOAs temporarily act as smart contract wallets during a transaction and revert to their original state afterward.

The Block·2024/05/08 06:40
Traders rush to short Ether as Grayscale pulls its futures ETF plan
Traders rush to short Ether as Grayscale pulls its futures ETF plan

A 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application.

Cointelegraph·2024/05/08 06:16
FTX plans to pay billions more to creditors for compensation
FTX plans to pay billions more to creditors for compensation

Creditors with claims below $50,000 will receive a 118% compensation, according to FTX’s new compensation plan. The plan is still subject to court approval.

The Block·2024/05/08 03:31
Flash
  • 16:30
    ANALYSIS: Three Big Chain Indicators Suggest Bitcoin Hasn't Reached Cycle Top Yet
    Bitcoin's price has retreated after briefly surpassing $100,000 and remains more than 8% below last year's all-time highs. Analytics suggest that Bitcoin has not yet reached a cycle top. 21Shares analysts note that the current MVRV ratio of 2.5 to 3 suggests that the market is not yet overvalued and is not close to bubble territory. The Net Unrealized Gains and Losses indicator also shows that the market as a whole is not yet profitable, suggesting that bitcoin has not entered an overheated state. Additionally, seller's risk ratios for long-term holders remain well below historical highs, and there is no significant selling pressure. The macroeconomic environment, potential interest rate cuts and expectations of Trump's return to the presidency could also be positive for the crypto market.
  • 16:30
    Value of BlackRock's IBIT Positions Surpasses $55 Billion
    BlackRock's bitcoin exchange-traded fund IBIT's position reached 554,311.086 BTC as of Jan. 15, and the market value of the position surpassed $55 billion, touching $55,464,006,965.44, according to official data.
  • 16:29
    BTC breaks above $99,000
    The market shows that BTC broke through $99,000 and is now at $99,009, down 0.26% in 24 hours, the market is volatile, please do a good job of risk control.
News