What is BGB token?
BGB is a decentralised token that is the primary token of Morph's blockchain, serving as the gas, governance, and payment token across the layer.
Order Book
Latest
Large Trades
Price (USDT)
Amount (BGB)
Total (BGB)
$1.64
$1.64
62%
37%
Bullish
Bearish
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Crypto Engineers
07-31 13:48
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Microsoft Azure's growth rate exceeded 40% this quarter, with annualized revenue surpassing $100 billion for the first time. More importantly, its capex was lower than market expectations. The cash burn and profit have finally aligned, and the path to monetizing AI has been partially validated.
On the other hand, SK Hynix has secured 60-70% of Nvidia's HBM4 supply, with production capacity already sold until 2027. Jensen Huang personally confirmed that SK Hynix is its largest memory partner, securing four product lines in one fell swoop. The storage supercycle isn't just a narrative; it's a production schedule.
Meta's situation isn't so good. Revenue increased by 28%, but free cash flow plummeted to a four-year low, and the lower limit of its 2026 capex has been directly raised to over $130 billion. Both companies are investing in AI, but the market applauds Microsoft while discounting Meta.
And this week isn't over yet—Apple and Amazon released their earnings reports after the market closed yesterday. Amazon's quarterly revenue surpassed $200 billion for the first time, with AWS growing by 37%, resulting in a more than 8% increase in after-hours trading. Apple's revenue hit a June quarterly record, but due to service revenue and next quarter guidance falling short of expectations, its stock fell more than 6% in after-hours trading. Market windows this close together are rare, occurring only a few times a year.
Predicting the direction isn't difficult; the challenge lies in whether you can manage your funds when you're right.
Wanting to invest in Nvidia requires opening a US stock account, withdrawing funds, exchanging currency, and waiting for the money to arrive. By then, the earnings report has wiped out all the gains. You have a bunch of USDT, but it's useless. After buying stocks, your money is locked up; to open other positions, you must first sell stocks.
Let me show you some numbers from my @bitget account.
USDT balance: 552, that's all, no other cash. But opening the stock contract page shows available margin of 1588 USDT, enough to open 1522.
Where did the extra 1000 come from? The account still holds 1.14 rQQQ (equivalent to $784), 0.23 rMSFT (equivalent to $105), plus BGB and a little BTC, totaling $1643 in assets. The UTA unified account includes all of these in a single margin pool, resulting in a usable amount of $1588 from the $1643 in assets, a minimal loss.
The key is that the rQQQ and rMSFT haven't been touched at all. They rise with the Nasdaq and move with Microsoft's earnings reports, maintaining their full exposure. Simultaneously, these two positions are already serving as margin for the futures account.
One rToken performs three functions.
The first function is holding exposure, 1:1 matched with real stocks, with dividends credited in USDT. The second function is serving as margin, as shown in the figures above. The third method involves borrowing USDT as collateral. This allows you to obtain cash without selling your holdings, with significantly lower financing costs than margin trading through brokerages. The borrowed funds can then be used to buy more rTokens, increasing your exposure.
The second chart deserves separate discussion:
SPCX perpetual contracts, leveraged 20x, note the overnight session indicator in the top left corner.
SpaceX listed on Nasdaq on June 12th with an offering price of $135. After surging to $225, it has steadily declined, currently trading at just over $113, below its offering price. It was just added to the Nasdaq 100 on July 7th, and will release its first financial report in August, along with a large-scale unlocking of shares held by insiders. This stock is unlikely to remain quiet.
Three key details: The chart shows the night session. US stocks have been closed for several hours, but the order book is still active, while earnings reports are released after the market closes. In your brokerage account, you can only wait until the next day. Long and short positions are displayed side-by-side. For stocks that have already halved in value and are facing lock-up periods, shorting through a brokerage requires margin lending, which may not be available and is costly. There are hundreds of thousands to 300,000 USDT in the order book with a 0.0000% funding rate. Bitget's US stock liquidity far exceeds your expectations.
Incidentally, the rQQQ in the first chart now indirectly includes SPCX. After the Nasdaq 100 correction, QQQ has already incorporated it. One rQQQ holding Nasdaq exposure while simultaneously providing margin for this SPCX position—this cycle is quite interesting.
The key to success during earnings season isn't whether you correctly predicted the market direction, but whether your funds are available at the right moment. The difference between using the same amount of money for three things simultaneously and only being able to do one is precisely this.
Leverage and collateral are double-edged swords. A pullback in rToken will directly reduce the margin ratio, and any margin increases will be wiped out during the pullback. For volatile instruments like SPCX, it's even more important to have sufficient buffer space. The above is based on personal testing and does not constitute investment advice.
To ensure your USDT is used effectively this week, simply check the numbers in @bitget's unified account.
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CryptoRank.io
07-27 22:51
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🚀 AEON is now available on @bitget Launchpool
Users can lock in $BGB or $AEON to share a reward of $1,166,666 $AEON.
🗓️ July 27 to August 1, 2026
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OdailyNews
07-27 18:56
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AEON is coming soon to Bitget Launchpool @Bitget_zh
⏰Staking period: July 27, 19:00 to August 1, 19:00 (UTC+8)
🎁Total prize pool: 1.16 million $AEON
$BGB staking pool:
VIP user staking limit: 50,000 BGB
Regular user staking limit: 5,000 BGB
$AEON staking pool:
Individual staking limit: 4,200,000 AEON
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Chen Guilin
07-27 10:45
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Another noteworthy altcoin is $MSX, the platform coin of Maitong. There are only two points to note:
1. It was born in a bear market;
2. It's a coin heavily manipulated by major investors.
Refer to $OKB and $BGB. Although many are now complaining about the current drop, it doesn't diminish the frenzied pump-and-dump schemes they experienced initially, fueled by widespread FOMO. I missed OKB, but I think I made 5-6 times my initial investment in BGB, from $1 to $8, I believe. They provided too many exit opportunities. If you didn't exit, who can you blame? If you chased the price higher, who can you blame? If you chased the price higher and didn't cut your losses, who can you blame?
Haha!
Yes, worth noting! It has a good starting point and is heavily manipulated, but pay attention to its price movement after listing. A good coin with a good window of opportunity and a good price is a good investment.
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Han Paopao
07-25 23:02
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Ask if you don't understand.
Any recommendations for mainstream altcoins?
Currently holding OKB, SOL, GT, BGB, MNT, ASTER, and BNB.
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Han Paopao
07-13 14:22
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Take 100,000 yuan and enter the crypto world.
What to buy? Can it reach 2 million yuan by 2030?
BTC, BNB, OKB, SOL, ETH, GT, BGB, HYPE, DOGE
Go all in, or scatter your bets?
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LazyCat|Cat Sister🎒
06-28 01:03
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Backpack Securities' web-based stock code translation is now complete.
Every bear market gives rise to platform tokens that multiply 100 times: BNB in the past, BGB in 2023, and this time I'll bet on solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy
As we've seen, blockchain is becoming the most important tool for humanity to unlock the financial Babel, and this process will inevitably lead to a reshuffling of exchanges!
The team that emerged from the ruins is writing a new chapter in the history of exchanges—there's no more thrilling narrative than this!
@Backpack_CN @Backpack @armaniferrante
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Han Paopao
06-23 15:27
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My crypto holdings are currently down over 50,000 USDT, and I'm out of money to average down.
$BGB: down 10,000 USDT
$MNT: down 15,000 USDT
$GT: down 20,000 USDT
$OKB: down 5,000 USDT
$ASTER: down 5,000 USDT
I used to look at candlestick charts to find entry points; now I use them to build my mindset.
I can only wait and see.
I don't know if this is the bottom,
or just a basement,
or maybe there's a parking lot below the basement.
I bought BGB, MNT, and GT last year, so the losses are quite significant.
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Han Paopao
06-20 13:35
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$BGB has fallen from $8.50 on December 23, 2024, to about $1.70 now.
In just a year and a half, it has dropped by a full 80%.
A purchase of 100,000 yuan at $8.50 is now only worth about 20,000 yuan.
What's even more disheartening is:
An 80% drop doesn't mean an 80% rebound will break even.
To get back to $8.50 from $1.70, it would need to rise by 400%.
The drop is like riding an elevator downhill, while breaking even is like climbing Mount Everest.
Currently, the daily chart still shows weakness. Is it time to buy the dip or get caught in a downward spiral?
Do you think BGB has bottomed out?
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Banana Ape-527
06-07 14:16
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Three stocks I'm currently optimistic about:
$Binance Life, $BTC, $BGB