Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

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

banner
All
Crypto
Stocks
Commodities & Forex
Macro
Flash
11:50
Next Week's Macro Outlook: Focus on US-Iran Negotiations and Federal Reserve Personnel Changes, Ongoing Volatility in the Middle East Continues to Disrupt Markets
ChainCatcher News, according to Golden Ten Data, in the past week, global markets have rebounded significantly driven by expectations of easing tensions in the Middle East, but the core uncertainties remain unresolved. Iran once announced the opening of the Hormuz Strait, oil prices quickly fell back, risk assets strengthened across the board, U.S. stocks reached new stage highs, the U.S. dollar weakened, and gold approached the 4,900-dollar mark. However, Iran subsequently signaled that the area is "still under military control," and with the U.S. maintaining its blockade of Iran, market concerns about the volatility of the situation have increased. On the macro level, the biggest variable next week remains the progress of the U.S.-Iran negotiations. U.S. President Trump stated that talks might progress over the weekend and warned that if an agreement is not reached before next Wednesday, the ceasefire could end and there is a risk of renewed conflict. Iran remains cautious about the negotiations, especially as there are clear disagreements on key issues such as enriched uranium processing. The market has shifted from "pricing in conflict escalation" to "pricing in a path to easing," but any sudden shift could still spark sharp asset price volatility. In terms of interest rate expectations, the retreat in energy prices has eased inflation pressures, and the market's expectation for a Federal Reserve rate cut within the year has risen to around 60%. Meanwhile, Federal Reserve Chair nominee Kevin Walsh will attend the Senate hearing next week, and his policy stance (especially whether it is dovish) will be an important variable affecting gold and risk assets. Tuesday 20:30, U.S. March retail sales month-on-month; Thursday 20:30, U.S. initial jobless claims for the week ending April 18; Thursday 21:45, U.S. April S&P Global Manufacturing/Services PMI preliminary values; Friday 22:00, U.S. April University of Michigan Consumer Sentiment final reading, one-year inflation expectation final reading; In the short term, the main themes in the market will revolve around three variables: progress in U.S.-Iran negotiations, oil price trends, and Federal Reserve policy signals.
11:40
Bitget CEO says investigation into the RAVE token incident has begun
Foresight News reported that Bitget CEO Gracy Chen responded to on-chain detective ZachXBT's statement that "the RAVE pump-and-dump activity originated from Bitget and certain exchanges, calling on trading platforms to initiate internal investigations" by saying, "Thank you for pointing this out, we have already started investigating the RAVE incident."
11:39
Odaily Evening News
1. Since February 5, the total cryptocurrency market capitalization has increased by $43 billion; 2. Iran stated it has informed the US that it has not yet agreed to hold the next round of talks; 3. Sources: The Strait of Hormuz has been closed again; 4. Arkham: Morgan Stanley Bitcoin ETF on-chain address has been identified, currently holding 1,348 BTC; 5. A whale used leverage to go long on 12,400 ETH and profited 400 ETH; 6. On Polymarket, a new market was added: “Will Trump rename the Strait of Hormuz to ‘Trump Strait’ by May 31”, with the probability for “Yes” dropping by 31% in 24 hours; 7. vitalik.eth: The eth.limo domain registrar has been attacked; 8. A trader who previously made a 3,500x profit spent 10,000 USDC four hours ago to buy 1.12 million SPIKE.
News