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
Will Ripple (XRP) Price Skyrocket in 2024? Multiple Things to Consider
Will Ripple (XRP) Price Skyrocket in 2024? Multiple Things to Consider

XRP price continues to chart a falling wedge with key support at the $0.62 level. This is often a bullish reversal pattern. Could Ripple skyrocket in 2024?

Cryptopotato·2024/01/03 05:37
Michael Saylor begins selling $216M in MicroStrategy stocks for more Bitcoin
Michael Saylor begins selling $216M in MicroStrategy stocks for more Bitcoin

Saylor previously said the move would allow him to address his “personal obligations” and, of course, buy more Bitcoin.

Cointelegraph·2024/01/03 03:47
Bitcoin miner CleanSpark to launch in-house trading desk: Bloomberg
Bitcoin miner CleanSpark to launch in-house trading desk: Bloomberg

CleanSpark CEO Zachary Bradford said that the move “makes financial sense”

Blockworks·2024/01/03 01:28
CBOE Digital president says a spot bitcoin ETF approval will promote derivatives growth
CBOE Digital president says a spot bitcoin ETF approval will promote derivatives growth

CBOE’s John Palmer said that potential bitcoin ETF approvals would “pave the way” for pension funds to invest in a spot bitcoin ETF

Blockworks·2024/01/03 01:28
The decade-long road to (possible) spot bitcoin ETF approval
The decade-long road to (possible) spot bitcoin ETF approval

Cameron and Tyler Winklevoss filed on July 1, 2013 to launch a spot bitcoin ETF. BlackRock revealed its intention to launch one 10 years later

Blockworks·2024/01/03 01:28
Dump Incoming? Miners Offload BTC To Exchanges
Dump Incoming? Miners Offload BTC To Exchanges

Analysis suggests that miners moving BTC to exchanges spells bad news for Bitcoin’s price.

Cryptopotato·2024/01/03 00:28
Flash
06:12
ENS DAO launches Temp Check proposal: plans to expand the functions of the ENS Foundation
```htmlJinse Finance reported that on June 20, ENS DAO launched a new Temp Check governance proposal, aiming to expand the functions of the ENS Foundation, extending its responsibilities to include operational management, grants programs, and long-term fund management. The proposal emphasizes that control of the ENS protocol and the right to remove directors will remain with ENS token holders. The proposal is currently in the community discussion phase.```
05:51
The global blockchain market size is expected to reach $61.096 billion by 2031.
```htmlJinse Finance reported that on June 20, MarketsandMarkets released a report predicting that the global blockchain market size is expected to grow from $54.08 billion in 2026 to $610.96 billion in 2031, with a compound annual growth rate of 62.4%. The growth is mainly driven by enterprise-level blockchain adoption in industries such as banking and financial services, supply chain, healthcare, government, and retail. Enterprises are increasing investment in dApps, digital identity, stablecoin payment networks, and cloud-hosted blockchain infrastructure. The report also stated that Layer 2 scaling technology, regulatory developments, and the integration of blockchain with AI and enterprise software platforms are prompting enterprises to shift from pilot projects to large-scale production environments.```
05:49
AI threats intensify, Accenture's stock price falls to its lowest level since 2017
BlockBeats news, June 20, according to the UK Financial Times, consulting firm Accenture saw its share price fall by 18% on Thursday, closing at its lowest level since 2017. The decline followed the company's downward revision of its revenue forecast, raising investor concerns that the rapid development of AI is undermining traditional IT consulting and outsourcing business models. Accenture stated that in the three months ended at the end of May, the company's new orders dropped to $19.3 billion, a 3% decrease year-on-year. The company expects annual revenue growth to not exceed 4%, below the previous upper guidance range of 3% to 5%. Accenture’s market capitalization has fallen from over $200 billion after the post-pandemic consulting boom to less than $80 billion. Accenture CEO Julie Sweet said the company is still winning business in AI-related consulting as enterprises adopt the technology, but investors are worried that AI could lead customers to rely less on consultants or bring new competition from AI startups. She also mentioned that the Middle East war had a $100 million greater impact on revenue in the most recent quarter than expected and slowed decision-making among customers in other regions. Accenture is seeking new areas for growth and has substantially increased its acquisition budget, which will reach $9 billion for this fiscal year. On Thursday, the company announced three cybersecurity-related acquisitions, including vulnerability assessment firm runZero, device security firm NetRise, and a majority stake in operational technology cybersecurity company Dragos. The total enterprise value of the three transactions is $4.2 billion.
News