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  • 09:51
    The Predictive Market Space will launch its token sale on December 18th.
    BlockBeats News, December 17, the Solana-based leveraged prediction market Space will launch its token sale on December 18 at 2:00 (UTC+8), accepting USDC, USDT, and SOL contributions. The sale will offer $50 million FDV worth of tokens at a fixed price, with $2.5 million in tokens. Once the target is reached, the sale will continue, with the FDV linearly increasing up to $99 million. After the sale, participants will receive tokens at a unified price calculated based on their contributions.
  • 09:29
    Japan Bids Farewell to 30 Years of Ultra-Low Interest Rates as Market Expects 25 Basis Point Rate Hike on Friday
    According to the Bank of Japan, the probability of a "25 basis points rate hike in December" has reached as high as 98%. If the rate hike occurs as scheduled on Friday, December 19, Japan's benchmark interest rate will rise from 0.50% to 0.75%, marking the highest level since 1995 and signifying Japan's official farewell to the ultra-low interest rate era that has lasted for 30 years.Currently, both authoritative institutional polls and underlying economic data show a "universal consensus": a Bloomberg survey indicates that all respondents predict a rate hike to 0.75% this week, while Reuters also shows that over 90% of experts hold the same view.On the other hand, regarding the "Bank of Japan's January rate decision," the probability of "no change" is currently the highest, remaining above 90%.
  • 09:28
    Barron's: US jobs data did not significantly change expectations of an interest rate cut, putting pressure on Bitcoin and causing it to fall.
     Barron's Weekly pointed out that due to the latest US employment data failing to significantly change the market's expectations for future Federal Reserve rate cuts, Bitcoin prices faced downward pressure, reflecting that macro employment indicators still have a significant impact on the short-term trends of digital assets. The current "mixed" signals from employment data have not driven stronger expectations for rate easing, thereby putting pressure on Bitcoin and other crypto assets.
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