Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

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

banner
Flash
01:08
Opinion: Powell's Confirmation Hearing Further Undermines Fed's Public Trust, Successor Must Lead Necessary Reforms
BlockBeats News, January 12, Allianz's Chief Economic Advisor Mohamed El-Erian commented on the investigation of Federal Reserve Chairman Powell, saying: The current situation may expose deeper issues, further weakening the already fragile public trust in the Fed. What is urgently needed now is for the incoming Chairman to be committed to implementing necessary reforms to restore the effective operation of the world's most influential central bank. (FX678)
01:06
XMR briefly reached 594 USDT, setting a new all-time high price
Foresight News reports that according to Bitget market data, XMR (Monero) briefly reached 594 USDT, setting a new all-time high. It is currently quoted at 583 USDT, with a 24-hour increase of 22.77%.
01:02
Powell responds to criminal investigation: criminal subpoena is a "political pretext," vows to withstand pressure from Trump
PANews, January 12 – According to Jinse Finance, Federal Reserve Chairman Powell stated that the U.S. Department of Justice threatened on Friday to bring criminal charges against him for his Senate testimony last June, which involved a multi-year renovation project of a building. A grand jury subpoena was delivered last Friday. The new threat is unrelated to his testimony or the renovation project and is merely an excuse. The broader issue is whether the Federal Reserve will continue to set interest rates based on evidence and economic data, or be swayed by political pressure and intimidation. While fulfilling my duties, I neither fear political pressure nor favor any political stance, and will continue to do so. I have deep respect for the rule of law, but this action is unprecedented and should be viewed in the context of the current administration's ongoing pressure on the Federal Reserve.
News
© 2025 Bitget