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Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk·2023/11/16 08:00
Flash
02:02
Bitget Wallet Skill launches Agentic Wallet, supporting social login
Odaily reports that Bitget Wallet Skill has launched Agentic Wallet, allowing users to log in or create a wallet using a social account. Agent can perform remote transaction signing and balance inquiries through TEE, and supports Swap, cross-chain transactions, and gas-free payments. The capabilities of Agentic Wallet are based on Bitget Wallet Skill’s social login wallet, utilizing TEE (Trusted Execution Environment) to manage private keys. Neither the platform, users, nor Agent have direct access to the private key, and all signing operations require user confirmation before execution. After logging into the Bitget Wallet APP with Google, Apple, or an email account, users can enable Bitget Wallet Skill in wallet management and obtain credentials. Once configured, it is ready for use. Once enabled, Agentic Wallet is bound to the social login wallet identity within the app and asset balances are shared. Currently, this feature supports the Bitcoin, Ethereum, BNB Chain, Base, Arbitrum, Solana, Tron, and Morph networks. It has undergone multi-scenario validation for on-chain/cross-chain Swap and gas-free transactions on the BNB Chain, Solana, and Tron mainnets. The feature has been verified to be compatible with platforms such as OpenClaw, Manus, Cursor, Claude Code, and other Agent platforms.
02:01
U.S. Senator Warren Asks Top Creator MrBeast for Details on Youth Crypto Plan
BlockBeats News, March 27th, According to The Block, Elizabeth Warren, the Democratic chief member of the U.S. Senate Banking Committee, expressed concern about Beast Industries' acquisition of the financial technology company Step. Step had previously allowed minors to invest in cryptocurrency. In a letter sent out on Monday, Warren requested Jimmy Donaldson (aka MrBeast, a YouTuber with over 470 million subscribers) and Beast Industries CEO Jeff Housenbold to provide more information. Warren stated in the letter: "Beast Industries is primarily an entertainment and consumer-oriented company—any foray into financial services, especially services aimed at children, must be very cautious and comply with the law." Beast Industries acquired Step in February this year. The company stated that its mission is to make financial knowledge and wealth management more accessible to young users. Step allows users under 18 to open a bank account under parental supervision. While Step is not a bank itself, its promoted app offers a way for teenagers and young people to have a "financial start," providing tools such as deposits, expense tracking, and credit building.
01:57
Gold Pullback Creates Buying Opportunity as Fundamentals Remain Solid
WisdomTree Head of Commodity and Macroeconomic Research Nitesh Shah stated that the recent more than $1,000 decline in gold prices from the January high is largely disconnected from macroeconomic fundamentals and reflects more of a position adjustment and forced liquidations. He pointed out that traditional drivers such as bond yields, the US dollar, and speculative positions can only explain around $200 of the drop, which is far less than the overall correction range.Shah believes that the current level represents a rare buying opportunity and that the "bubble" in gold prices has been squeezed out. For long-term investors who have been on the sidelines, this correction is precisely the long-awaited entry point. He expects gold prices to reach about $5,020 by the end of the year, and notes that with geopolitical risks persisting, there is even a possibility that gold prices could rise to $6,000.Shah is skeptical about central banks aggressively raising rates in the current environment, believing that policymakers are more likely to remain on the sidelines and allow inflationary pressures to play out naturally without drastic intervention. He suggests that this scenario will ultimately support gold. He emphasizes that ongoing geopolitical tensions will be a key pillar of support for gold prices.Shah recommends allocating 15% to 20% of a traditional stock-bond portfolio to commodities, with about 20% of that in precious metals. He believes that the late economic cycle dynamics overall favor the commodities sector. Investors should focus on highly liquid markets, favor commodities with strong price momentum, and those with tightening supply.