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00:49
Bitmine stakes another 140,400 ETH, worth 282 millions
ChainCatcher reported that Bitmine continued to stake 140,400 ETH (worth 282 millions) today. Their total ETH holdings now amount to 4,325,738, with 3,037,859 ETH already staked, and the staking rate has exceeded 70%.
00:48
Analysis: Ethereum On-Chain Token Transfers Spike During Price Drop, Extreme Activity Could Signal Seller Exhaustion
BlockBeats News, February 11th, CryptoOnchain posted on social media that when the Ethereum price dropped to the $2000 range, Token Transfers (14-day moving average) sharply surged to 2.75 million, the highest level since August 2025. This spike indicates panic selling and a "washout" of weak hands. Historical data shows that such extreme activity often signals a depletion of selling pressure and may indicate a local bottom forming. Reportedly, Token Transfers (14-day moving average) is an on-chain data metric used to observe the trend and intensity of token transfer activity on the Ethereum (or relevant blockchain) network. It typically refers to the simple moving average of the total number of ERC-20 or similar standard token transfer transactions on the network over the past 14 days.
00:44
Ahead of the employment report release later today, Asian currencies entered a consolidation phase during early trading. Carol Kong from CBA stated in a research report: "We expect the trend of lower-than-expected employment figures to continue, putting further pressure on the currency." The economist and strategist pointed out that further weakening of the labor market, combined with easing inflationary pressures, could "encourage" two more rate cuts this year.
Ahead of the employment report to be released later today, Asian currencies entered a consolidation phase during early trading. Carol Kong from CBA stated in a research report: "We expect the trend of employment numbers coming in below expectations to continue, putting further pressure on the currency." The economist and strategist pointed out that further softening in the labor market, coupled with easing inflationary pressures, could "encourage" two more rate cuts this year.
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