Bitget has launched the first real-world asset index, introducing perpetual contracts tied to Nvidia, Tesla, and Circle. Summary Bitget has introduced a real-world assets index perpetuals for major U.S. listed stocks. The contracts for Tesla, Nvidia and Circle will offer up to 10x leverage and trade 5×24. Bitget said in an announcement on Aug. 20
After public backlash over GPT-5’s rollout, OpenAI CEO Sam Altman admitted the company “screwed up,” and said the fallout is already shaping the next version of ChatGPT. At a private dinner with reporters in San Francisco, first reported by The Verge, Altman admitted that GPT-5’s launch upset many of ChatGPT’s hundreds of millions of users.
Delphi Digital reported in its report that the US Treasury Department will begin refilling the General Account (TGA) in the coming weeks and in the process will withdraw $500-600 billion in cash from the market in about two months. The research firm explained that although this step may seem like a routine transaction for the
Nasdaq opened lower on Wednesday as stocks looked to steady after tech stocks led a rout that had major gauges slipping ahead of Federal Reserve meeting minutes and a key economic event this week. Summary Nasdaq Composite opened lower on Wednesday, with the tech heavy index shedding 0.5% in early trades. Stocks were showing weakness
BitMEX co-founder Arthur Hayes has once again captured the attention of the crypto world with his recent, significant moves. His latest spree highlights a remarkable focus on the Ethereum ecosystem, signaling a strategic direction that many investors are keen to understand. These notable Arthur Hayes crypto investments offer a fascinating glimpse into the mind of
A major shift is on the horizon for the financial world, according to a recent analysis from investment banking giant Goldman Sachs. They foresee remarkable USDC growth, projecting that this leading stablecoin could expand by a staggering 40% annually. This optimistic outlook highlights the transformative potential stablecoins hold for global financial infrastructure, moving beyond just
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, according to Reuters. This would be the first time the country allows any form of stablecoin tied to its national currency. The decision is expected to be reviewed by the State Council, the highest administrative body in
According to reports, Russia’s first real estate transaction with digital rubles has been carried out in Moscow with a nod from the country’s monetary authority. The news comes two years after the launch of a pilot project for the digital currency, scheduled for full introduction in stages starting a year from now. Russian buys Moscow
James Wynn, dubbed one of the most aggressive leverage traders in the crypto industry, has dropped a bold opinion on the current market outlook. In a post on X, Wynn, a Hyperliquid whale, reinforced the accumulation and HODL mentality on the crypto market. James Wynn’s bold Ethereum leverage position Wynn, known for taking massive leveraged