Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

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

banner
Flash
12:17
Bitcoin Treasury Capital announces the launch of Sweden's first BTC-backed preferred stock, BTC PREF, with an annual dividend of 10%.
Odaily reported that Bitcoin Treasury Capital has just announced the launch of Sweden's first BTC-backed preferred shares, BTC PREF, with an annual dividend of 10%. Trading is expected to begin on the Spotlight Stock Market on July 20. The issuance is expected to raise 2.5 million US dollars to purchase more BTC. (BitcoinTreasuries.NET)
12:17
After three months, the Bitcoin Ahr999 indicator is once again approaching the critical threshold of 0.3
BlockBeats news, on June 5, according to third-party data, based on the current Bitcoin price of $62,107.91, the Bitcoin Ahr999 indicator stands at 0.3081, approaching the critical threshold of 0.3. The last time it fell below 0.3 was on February 25 of this year. Statistics show that an Ahr999 reading below 0.3 is a rare sign of extreme undervaluation, typically occurring during major market crashes or moments of panic. Historically, there have been several instances where it dropped below 0.3: November 2011, when the price of Bitcoin was only single digits and widespread consensus had not yet been reached; The 2018 bear market bottom (minimum about 0.24); March 2020 "3.16 flash crash" (COVID panic); June 2022 ETH liquidation crash and November FTX crash, repeatedly hitting around 0.27; February 2026, touching 0.27-0.29, near historical lows. BlockBeats note: This indicator assists Bitcoin dollar-cost averaging users in combining timing strategies to make investment decisions. The indicator implies Bitcoin's short-term dollar-cost averaging yield and the deviation between Bitcoin's price and expected valuation. In Bitcoin's history, there have been 655 days when the Ahr999 index was below the bottom line (0.45).
12:15
Blockchain Digital Infrastructure plans to raise $55 million through a public share placement.
According to ChainCatcher, citing Globenewswire, Blockchain Digital Infrastructure, a US-listed developer and operator of digital infrastructure, announced plans to issue 33,333,334 shares of common stock, priced at $1.65 per share, raising a total of approximately $55,000,000. The funds will be used to support the construction of AI hosting and high-performance computing digital infrastructure, capital expenditures, and general corporate purposes to drive business growth.
Markets