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09:36
Economist: Domestic demand in the UK service sector is steadily recovering, business activity approaches a five-month high
Golden Ten Data reported on March 4 that Tim Moore, Director of Economics at S&P Global Market Intelligence, stated: "Business activity in the UK services sector continued to recover in February, with growth remaining close to the five-month high reached at the beginning of 2026. Survey respondents mentioned an increase in new business intake and improvements in sales channels. This was mainly attributed to the growth in business and consumer spending, especially in the domestic market. However, export orders performed relatively weakly, with the pace of expansion dropping to a three-month low. Despite the ongoing recovery in business activity, February's data showed a significant reduction in employment numbers. Layoffs reflect that companies are continuously striving to improve productivity and alleviate sharply rising input costs. Rising wage costs are widely regarded as the main reason for the sustained strong overall input cost inflation. In addition, food prices and technology costs also increased in February. This prompted service providers to sharply raise their charges again, with the inflation rate remaining basically unchanged compared to the five-month high reached in January."
09:33
BitMine under Tom Lee currently has an unrealized loss of about 7.5 billions USD on Ethereum spot holdings
ChainCatcher news, according to Drops Tab data, the largest Ethereum treasury company BitMine (BMNR) currently holds a spot position of 4.42 million ETH, which is still at an unrealized loss of over 7.5 billions USD (-45.08%).
09:31
Bitget upgrades market maker incentive program, introduces grouped Maker fee rates and weighted evaluation system
Odaily reported that Bitget has announced the launch of an upgraded market maker incentive program, introducing a group-based Maker fee structure across all spot and contract trading pairs. This upgrade aims to further enhance order book liquidity, optimize trade execution quality, and provide more targeted incentive mechanisms for market-making institutions on the platform. The new fee structure will officially take effect from March 4, 14:00 to 19:00 (UTC+8). According to the new rules, Bitget will categorize trading pairs into three groups: A, B, and C, and set differentiated Maker rebate mechanisms based on market maker levels (MM1–MM5). The upgraded plan not only optimizes the fee system but also reshapes the market-making performance evaluation framework by introducing "group-weighted indicators," encouraging market makers to consistently provide stable liquidity in different market environments, further improving market depth and quote stability. Through a more structured Maker fee system and matching evaluation mechanism, Bitget continues to advance the construction of institutional-grade liquidity standards under the panoramic exchange (UEX) framework. According to Bitget's "2025 Transparency Report," institutional participation has become an important driver of platform growth, with institutional trading volume accounting for 82% of spot trading volume and 60% of contract trading volume.
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