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
07:28
Bank of America increases its holdings in Strategy shares to 664 million USD, now holding 3.96 million shares
Odaily reports that Bank of America has disclosed an increase of 117,374 shares in a certain exchange’s stock, valued at 19.6 million US dollars. Bank of America now holds a total of 3.96 million shares of the exchange’s stock, with a total value of 664 million US dollars. (BitcoinTreasuries.NET)
07:24
Liberal Democratic Party proposes next-generation financial framework integrating AI and blockchain; three major banks plan to issue stablecoins by March next year
ChainCatcher news, according to a report from CoinPost, the Liberal Democratic Party of Japan's Digital Society Promotion Headquarters "Next Generation AI & On-Chain Finance Project Team" has released a proposal suggesting the integration of AI and blockchain to drive automation and 24/7 operation of decision-making, financing, and asset management, designating finance as the "18th growth investment sector." The proposal's specific measures include: advancing the tokenization of Bank of Japan current deposits (including wholesale CBDC), with a goal to finalize key arguments within the year; a joint issuance of stablecoins by three major banks, aiming to launch operations by March next year; and promoting the on-chain tokenization of real-world assets (RWA) such as receivables and real estate. At the level of international cooperation, the proposal suggests establishing an "AI & On-Chain Finance Asia Policy Dialogue Framework" and advancing cross-border settlements of yen-denominated stablecoins to build a "Global SC Corridor Initiative."
07:15
The Bank of Japan may raise interest rates to 1.5% by 2027, with a possible increase to 1% in July.
ChainCatcher news, according to Golden Ten Data, S&P Global Market Intelligence economist Harumi Taguchi stated that the Bank of Japan may raise the policy rate from the current 0.75% to 1% in July, and hike rates again in December and in 2027, bringing the policy rate to 1.5%. Taguchi pointed out that rising oil prices and a weakening yen may intensify inflation concerns, prompting the Bank of Japan to further increase rates.
News