Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

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

banner
Bitcoin News Update: The Contrasting Sides of Crypto—MegaETH Soars by $530M Despite Regulatory Challenges and Market Volatility
Bitcoin News Update: The Contrasting Sides of Crypto—MegaETH Soars by $530M Despite Regulatory Challenges and Market Volatility

- MegaETH's $530M public sale, with 18,590 addresses, marks crypto's largest decentralized fundraising to date, showcasing blockchain's growing institutional and retail appeal. - Institutional adoption accelerates as Bitcoin startups secure $10M+ funding, while SPACs like Miluna bridge traditional markets and crypto-native ventures through $60M IPOs. - XRP's 40% plunge and SEC delays highlight crypto's volatility, while China's stablecoin crackdown contrasts Hong Kong's cautious openness to innovation. - D

Bitget-RWA·2025/10/28 09:32
Solana News Today: Solana's Tightrope Walk: ETF Investments, Price Fluctuations, and Regulatory Challenges
Solana News Today: Solana's Tightrope Walk: ETF Investments, Price Fluctuations, and Regulatory Challenges

- Solana attracts institutional investors via ETF inflows, Hong Kong regulatory approvals, and the Alpenglow upgrade targeting validator cost cuts. - SSK ETF sees $24M weekly inflows, while Hong Kong's first Solana ETF launches October 27, expanding global institutional access. - SOL price rebounds to $195 but faces $200 resistance; analysts highlight $220 as a key breakout threshold for further gains. - Alpenglow aims to slash 80% of validator fees by 2026, enhancing decentralization through lower entry b

Bitget-RWA·2025/10/28 09:16
Political Stalemate to Drive U.S. Debt Higher Than Italy and Greece by 2030
Political Stalemate to Drive U.S. Debt Higher Than Italy and Greece by 2030

- U.S. public debt-to-GDP ratio will surpass Italy and Greece by 2030, per IMF forecasts, reaching 143% vs. 137% and 130%. - Trump-era tax cuts, $1T defense spending, and political gridlock drove deficits above 7% of GDP since 2025. - Italy/Greece reduced deficits via austerity and EU funds, while U.S. faces debt servicing costs exceeding education/transport budgets. - Analysts warn U.S. debt path is unsustainable without structural reforms, as political stalemate blocks spending cuts or tax hikes.

Bitget-RWA·2025/10/28 08:56
China's approach with the Digital Yuan seeks to transform the landscape of international finance
China's approach with the Digital Yuan seeks to transform the landscape of international finance

- PBOC establishes Beijing and Shanghai centers to advance digital yuan strategy, enhancing domestic infrastructure and global reach. - Digital yuan pilot transactions exceed 14.2 trillion yuan, supported by 225 million wallets, while PBOC enforces crypto bans to mitigate risks. - Dual-center model balances domestic innovation with international collaboration, expanding digital yuan adoption through commercial banks. - China’s strategy aims to reshape global CBDC perceptions, leveraging regulatory rigor an

Bitget-RWA·2025/10/28 08:56
U.S. Bets $40 Billion on Argentina's Economic Reforms as Peso Rallies and Poverty Rises
U.S. Bets $40 Billion on Argentina's Economic Reforms as Peso Rallies and Poverty Rises

- Trump praised Argentina's Milei for a landslide election win, linking it to U.S. financial gains amid a 6% peso surge against the dollar. - U.S. Treasury's $20B currency swap and $40B total stake aim to stabilize Argentina's economy, despite 53% poverty rates and political instability risks. - Milei's austerity reforms face challenges: poverty deepening, congressional alliances needed, and potential peso collapse if reforms stall. - Markets reacted positively to the election, with Argentine bonds and sto

Bitget-RWA·2025/10/28 08:56
Cardano News Update: Cardano's Decline Compared to BigBear's AI Bet – Will Excitement Keep the Value Up?
Cardano News Update: Cardano's Decline Compared to BigBear's AI Bet – Will Excitement Keep the Value Up?

- Cardano (ADA) faces bearish signals with a potential 20% price drop to $0.5085, marked by a death cross pattern and declining DeFi TVL. - BigBear.ai (BBAI) surged 300% YTD on defense AI contracts but faces valuation skepticism, trading at 13× forward sales vs. $5.83 estimated fair value. - The stock's $390M cash and $380M contract backlog contrast with C3.ai's 50% decline and legal issues, highlighting sector volatility. - Analysts remain divided on BigBear's OB3-aligned government opportunities versus e

Bitget-RWA·2025/10/28 08:56
MWX Token Strives to Make AI Accessible to 400 Million Small and Medium Businesses Globally
MWX Token Strives to Make AI Accessible to 400 Million Small and Medium Businesses Globally

- MWX, an Indonesia-based AI platform, will launch its native token MWXT on Aerodrome on October 28, 2025, targeting 400M SMEs globally. - The platform offers 20+ AI solutions for SMEs via a CertiK-audited blockchain model, including deflationary tokenomics with 20% commission burning and quarterly buybacks. - Backed by Indonesia's MSME ministry to onboard 100,000 SMEs, MWX aims to bridge Web2/Web3 with fiat/stablecoin transactions and expand across Southeast Asia, Latin America, and Europe by 2028. - With

Bitget-RWA·2025/10/28 08:56
XRP News Today: Regulatory Changes and Trading Developments Drive XRP's Unpredictable Rise
XRP News Today: Regulatory Changes and Trading Developments Drive XRP's Unpredictable Rise

- U.S.-China trade talks in Kuala Lumpur progress toward a potential Trump-Xi summit, per USTR Greer. - Ripple strengthens crypto position via acquisitions and White House donor ties, elevating XRP's strategic role. - Trump appoints crypto-savvy Mike Selig as CFTC chair, signaling regulatory clarity and pro-crypto policy shifts. - XRP rises to $2.55 amid bullish factors but faces uncertainty from regulatory risks and macroeconomic pressures.

Bitget-RWA·2025/10/28 08:32
KR1 Ignites Crypto’s Launch on LSE Main Market
KR1 Ignites Crypto’s Launch on LSE Main Market

- KR1 PLC plans to uplist shares to LSE main market to boost visibility and attract investors. - The move aligns with UK's evolving crypto-friendly regulations and growing institutional interest in digital assets. - As the first "authentic digital asset company" on LSE, KR1 focuses on staking operations and blockchain investments. - FCA approval and shareholder consent are required, reflecting regulatory scrutiny in the sector. - UK regulators are easing stablecoin rules and planning a 2026 digital asset f

Bitget-RWA·2025/10/28 08:32
UK's supportive crypto regulations lead to the inaugural digital asset listing on the LSE
UK's supportive crypto regulations lead to the inaugural digital asset listing on the LSE

- UK crypto firm KR1 plans to uplist to LSE to boost visibility and attract institutional investors. - UK regulators are revamping crypto rules, including 2026 stablecoin frameworks and relaxed stablecoin caps. - The move positions KR1 as LSE's first "authentic digital asset company," distinct from crypto-holding firms. - UK's crypto-friendly approach contrasts with the US's enforcement model, aiming to solidify its global digital asset leadership.

Bitget-RWA·2025/10/28 08:32
Flash
14:46
CEO of New Fire Group, Weng Xiaoqi: Short-term Capital Withdrawal is Positive, Crypto Industry Awaits 'ChatGPT Moment'
On May 28, Weng Xiaoqi, CEO of New Fire Group, participated in a fireside chat at the Bitfire Club exclusive event with Colin, founder of Wu Says Blockchain, and Fu Peng, chief economist of New Fire Group, sharing exclusive insights on the development cycle of the crypto industry. Weng Xiaoqi stated that Ethereum is akin to CUDA (NVIDIA's parallel computing platform), with the developer ecosystem being its core value. "Many people ask why NVIDIA is irreplaceable? Because it has CUDA—a complete development platform that developers cannot do without. The functional attributes of Ethereum are similar to CUDA: everyone develops on it, and users must consume ETH to access everything, forming a complete economic model." However, he admitted that there has been a lack of innovation on-chain in recent years, saying, "There are too few native assets, no effective innovation, and many believers have exited the market." Furthermore, Weng Xiaoqi mentioned that the withdrawal of capital may not necessarily be a bad thing. "After experiencing chaos and silence, we may welcome an explosive moment." He drew a parallel with the history of AI: "When I was studying at Tsinghua, my classmates were researching convolutional neural networks around 2011-2013, which was also the incubation period for Bitcoin. But AI truly became a societal phenomenon during the sudden explosion of ChatGPT two years ago—it had accumulated for a long time, and then one application ignited everything." Weng Xiaoqi indicated that the crypto industry might also be waiting for its own 'ChatGPT' moment. "In the second half of this year, during the World Cup, a large number of predictions may occur on decentralized markets like Polymarket. More broadly, if the traditional financial system faces a round of systemic adjustment, does wealth need a configuration direction that can hedge against single sovereign credit risks? Bitcoin might be the answer." "As a veteran in this industry since 2017, I have always been tearfully waiting for that 'ChatGPT' moment in the crypto space," Weng Xiaoqi said. "After the hot money exits, the true builders will remain."
14:45
Will Strategy Sell Any Bitcoin Before May 31st? Whale Brother Calls for Long Position, 3-Hour Probability Increases by 9%
According to PolyBeats monitoring, on the prediction market Polymarket, the probability of the market "Will Strategy Sell Any Bitcoin Before May 31?" being "Yes" is currently 14%.The current top holder of the "Yes" position has posted an article outlining 21 reasons for their investment in the "Yes" position. The core argument of this lengthy post is not "Saylor Bearish on Bitcoin," but the belief that Strategy has now included "small-scale BTC selling" in its financial toolkit.The author suggests that the market is still pricing in the narrative of Saylor's past "never sell" stance, but Strategy's Q1 5 May earnings call and materials have introduced a new model: the ability to sell a small portion of BTC to fund dividends, buy back debt, maintain USD reserves, while simultaneously acquiring more BTC through STRC/MSTR issuance, ultimately remaining a net BTC buyer.Key arguments include statements from Strategy officials, a cash demand window in May, Strategy openly discussing how "selling BTC can enhance the credit narrative," on-chain indicators (unconfirmed).---------------------------------See tomorrow, today. Follow @PolyBeatsEN to see the future in advance.
14:33
The US and Iran have reached a preliminary agreement on a 60-day understanding, causing a $30 short-term surge in spot gold prices, while oil prices dropped.
BlockBeats News, May 28th, according to Bitget market data, following the agreement between U.S. and Iran negotiation representatives on a 60-day memorandum of understanding, awaiting final approval from Trump, spot gold surged $30 in the short term to $4462 per ounce. WTI crude oil fell below $90 per barrel, with a intraday drop of 2.50%.
Markets