Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

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

banner
All
Crypto
Stocks
Commodities & Forex
Macro
Flash
14:18
Raoul Pal: AI, cryptocurrency, and tokenization will reshape multiple sectors
The founder of Real Vision stated that humanity is entering the "exponential age", and that AI, cryptocurrencies, and tokenization could reshape finance, labor, and culture.
14:17
CryptoQuant analyst: Ethereum technicals confirm a bearish structure, downside risk points to $1,350
According to ChainCatcher, CryptoQuant analyst PelinayPA stated that Ethereum’s price has broken below its triangular pattern, combined with moving averages starting to slope downward, confirming a bearish technical structure. Although breaking below the triangle alone is not enough to fully confirm a bear market, short-term moving averages have remained below long-term ones, indicating continued weakening momentum. Data on leveraged liquidations from an exchange shows that a large number of long positions have been liquidated, the market is undergoing a downward reset, and there is a lack of strong rebound.
14:15
Intel surged more than 10% intraday, with its market value surpassing 600 billion USD.
BlockBeats News, May 20, according to Bitget market data, Intel (INTC.O) surged more than 10% intraday, with its stock price rising to $121.9 and its market capitalization surpassing $600 billion. Recently, Trump expressed regret that the U.S. government had acquired too few shares when investing in a certain exchange. Last August, the Trump administration announced that about $890 million in subsidies from the “CHIPS Act” would be converted into equity (purchasing approximately 433 million shares at $20.47 per share), gaining a 9.9% stake in the exchange. In just eight months, the value of this holding has soared to over $50 billion, with unrealized gains exceeding $41 billion. Behind this windfall is the U.S. government actively boosting performance. Apple has reached a preliminary agreement with the exchange to outsource its chip manufacturing, breaking TSMC’s longtime monopoly. As a key shareholder in the exchange, U.S. Secretary of Commerce Howard Lutnick has met with Cook several times over the past year, strongly lobbying Apple to divert orders to the exchange. The surge in demand for AI chips from giants like Nvidia has severely squeezed TSMC’s production capacity, and, plagued by chip shortages, Apple finally compromised.
News