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07:16
Two addresses holding 80,000 ETH long positions have an unrealized profit of $3.11 million
Monitoring shows that addresses 0xa5b…01d41 and 0x6c8…d84f6 each hold 40,000 ETH long positions, with opening prices of $2,265.5 and $2,265.4 respectively. Their current unrealized profits are $1.53 million and $1.53 million, totaling $3.11 million. (Ai Yi)
07:11
Quant Giant Jane Street Distributes $9.38 Billion in Compensation Last Year, Averaging $2.68 Million per Person
BlockBeats News, May 2nd, according to Bloomberg, quantitative trading and liquidity provider Jane Street distributed $9.38 billion in compensation last year, more than doubling from 2024. On a per capita basis, this is equivalent to an average of $2.68 million per employee, nearly seven times that of its competitor Goldman Sachs Group. The company recorded approximately $39.6 billion in trading revenue last year, surpassing major Wall Street banks and market makers. Sources familiar with the matter revealed that Jane Street's partners' equity has surged by nearly 2000% since 2016, reaching $45 billion. This capital has provided the company with a solid foundation, allowing it to take advantage of market volatility and make substantial investments in early-stage startups. This has also helped Jane Street achieve significant gains in its bet on AI startup Anthropic PBC—Anthropic has received a new round of funding at a valuation of around $80 billion or higher. Jane Street can also access more available funds through loans and bonds it has issued in the public bond market in recent years. Representatives of Jane Street declined to comment. The company has benefited in part from not having to comply with many of the same rules that large bank trading desks must follow. Jane Street is also able to invest some of its funds in equity stakes in companies like Anthropic. The company is also in talks to finance with cloud computing startup Fluidstack Ltd. and recently made an additional $1 billion investment in AI cloud service provider CoreWeave Inc. Despite recent controversies, Jane Street continues to surpass its own revenue records and lead the industry. Jane Street's 2025 trading revenue exceeded that of Ken Griffin's Citadel Securities— the latter set its own company record last year with $12.2 billion in trading revenue.
06:49
As Spirit Airlines is unable to secure any additional financing channels, it has no choice but to officially initiate business liquidation procedures.
The airline once renowned for ultra-low-priced tickets has ultimately ceased operations due to depleted funds. According to the company's statement, all financing negotiations have failed, and existing capital can no longer support normal operations. Effective immediately, Spirit Airlines will gradually reduce its flight schedule and begin the process of liquidating its assets. This liquidation will entail comprehensive adjustments, including the airline's route network, aircraft leasing contracts, and employee placement. Industry insiders point out that the airline sector’s high fixed costs and fierce price competition make it difficult for carriers with weak cash flow to withstand market fluctuations. The withdrawal of Spirit Airlines signals that the U.S. low-cost aviation market may be entering a new round of reshuffling.
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