Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

News

Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Flash
  • 06:55
    Sonic SVM launches G.A.M.E. Fund 1, focusing on gaming and AI innovation
    Sonic is the first SVM network extension on Solana, designed to support the running of games and applications. Powering the Web3 TikTok application layer, guiding billions of future users to join. Sonic is built on Sonic HyperGrid, a framework for coordinating Optimistic Solana Rollup.   On January 8th, Sonic SVM and Galaxy Interactive teamed up to launch G.A.M.E. Fund 1, which aims to support innovative projects in the fields of Web3 games, artificial intelligence agents (AI Agents), and TikTok native content creation. The fund focuses on three main directions: Web3 game innovation: supporting high-performance game development, cross-game asset management, and interoperability solutions. AI agent development: Promote the construction of virtual characters, AI NPCs, and dynamic game environments. TikTok Content Creation: Providing creators with Web3 native tools and content monetization infrastructure. The first settled project, Gomble Games, has officially joined, marking the official launch of G.A.M.E. Fund 1. The fund will continue to promote the future development of interactive digital experiences!
  • 06:52
    The US Ethereum spot ETF had a net outflow of $159 million yesterday, with the ETF net asset ratio reaching 2.97%
    According to SoSoValue data, yesterday (Eastern Time January 8th), the Ethereum spot ETF had a total net outflow of $159 million. Yesterday, Grayscale's Ethereum Trust ETF ETHE had a single-day net outflow of $8.2568 million, and currently, ETHE has a historical net outflow of $3.685 billion. Grayscale's Mini Ethereum Trust ETF ETH had a single-day net outflow of $3.4044 million, and currently, Grayscale's Mini Ethereum Trust ETH has a total historical net inflow of $592 million. As of press time, the net asset value of the Ethereum spot ETF is $11.74 billion; the ratio between its market value and that of all Ether in circulation (ETF Net Asset Ratio) reached 2.97%. The cumulative historical inflows have reached up to $2.521 billion.
  • 06:48
    Chairman of the U.S. CFTC: Cryptocurrency legislation will require six to ten months, and subsequent rule-making by federal agencies will take a year
    The outgoing chairman of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, has once again called on Congress to fill the gap in cryptocurrency regulation. He said that even if he no longer serves as chairman, he will continue to advocate for the CFTC to advance this initiative. When a Wall Street Journal reporter later asked about the situation in the new year, Behnam stated that cryptocurrency legislation takes time and mentioned the new composition of the presidential administration and Congress. Behnam pointed out that legislation would take six to ten months, and subsequent rule-making by federal agencies would require a year. Behnam said: "I do believe that acting heads will change regulatory approaches from day one. Current committee members have been talking about sandboxes and creating environments where cryptocurrency participants can basically conduct business without worrying about enforcement or regulation because it's a controlled environment." He added that legislative efforts made by lawmakers including Debbie Stabenow and Patrick McHenry are "not perfect," but still good initiatives. "I think our current situation is such that existing regulations cannot solve problems."
News