Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

Flash
  • 16:24
    A certain whale has opened a 20x leveraged long position on 300 BTC, with a liquidation price of $60,424.6.
    BlockBeats News, November 16, according to monitoring by Lookonchain, in the past 2 hours, whale 0x8d0E opened a 20x long position, buying 300 bitcoin (worth $28.7 million), with a liquidation price of $60,424.6. This "whale" had previously lost $6.35 million on the Hyperliquid platform.
  • 16:24
    Japanese regulators plan to reclassify 105 cryptocurrencies including BTC and ETH as "financial products," with the tax rate possibly reduced to 20%
    BlockBeats News, on November 16, the Financial Services Agency (FSA) of Japan plans to reclassify 105 crypto assets, including bitcoin and Ethereum, as financial products and bring them under the supervision of the Financial Instruments and Exchange Act. Currently, Japanese residents must declare crypto earnings as "miscellaneous income," with a maximum tax rate of 55%. After the reclassification, trading profits from these 105 tokens will be taxed as capital gains at a unified rate of 20%, equal to the tax rate for stock trading. According to reports, the proposal is expected to be included in the budget plan at the beginning of 2026.
  • 16:23
    Market Focus: How the Federal Reserve Meeting Minutes Will Reveal the Direction of Interest Rates
    BlockBeats News, November 16, according to an analysis by the Financial Times, the minutes of the Federal Reserve's October policy meeting will be released early next Thursday (Beijing time), and investors are currently facing increasing uncertainty regarding the path of US interest rates. Last month, the Federal Reserve lowered its benchmark interest rate to a range of 3.75%-4%, but investors hoping for Chairman Powell to hint at another rate cut in December were disappointed. Before the October meeting, the market had fully priced in a 25 basis point rate cut in December, but Powell's statement that "further rate cuts by the end of the year are not a foregone conclusion" quickly reshaped market expectations. Boston Fed President Collins further questioned the possibility of a rate cut next month this week, emphasizing that "the threshold for implementing additional easing in the near term is relatively high." The lack of data will become a major obstacle for the Federal Reserve's decision-making. The 43-day US government shutdown ended this week, during which all key labor market and inflation data were suspended, making it difficult for investors to assess the true health of the world's largest economy. Analysts at Morgan Stanley pointed out in a client report that the lack of data and delayed release of employment market indicators mean that "the Federal Reserve will face an information gap when making decisions at the December meeting."
News