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23:32
The Treasury Market Focused on the Fed Meeting and Treasury Auction, Traders Betting on Rate Cut by Year-End
BlockBeats News, April 27th - As the situation in the Middle East drives up oil prices, U.S. Treasury market traders are closely watching this week's Federal Reserve meeting to assess officials' views on the inflation outlook. The market generally expects the Fed to maintain interest rates on Wednesday, but traders tend to believe that there will still be a rate cut before the end of the year. Friday's swap market data shows that the probability of a rate cut before the end of the year has risen to around 40%. This development could pave the way for Kevin Warsh, nominated by Trump, to take over the Fed in the future and pursue a more dovish policy. Against this backdrop, traders will listen carefully to current Chair Powell's remarks at the post-meeting press conference for the latest insights into his plans after his term ends in May next year. Meanwhile, this week will also see a series of U.S. Treasury auctions, including 2-year and 5-year notes, to test market demand at current yield levels. (FXStreet)
22:40
SpaceX grants Elon Musk an additional 200 million shares as incentive
According to Jinse Finance, on April 27, TheInformation reported that if SpaceX reaches its $6.6 trillion market value target and establishes a colony on Mars with at least 1 million residents, Elon Musk will receive up to 200 million additional shares.
22:39
Goldman Sachs sharply raises oil price forecast as the global oil market shifts from surplus to significant deficit
1. Goldman Sachs has raised its forecast for Brent crude oil prices in Q4 2026 to $90 per barrel, and its forecast for West Texas Intermediate crude oil prices to $83 per barrel, mainly due to a decline in Middle Eastern oil production. Goldman Sachs estimates that Middle Eastern oil production will decrease by 14.5 million barrels per day, resulting in global oil inventories falling at a record pace of 11 to 12 million barrels per day in April.2. The global oil market will shift from a surplus of 1.8 million barrels per day in 2025 to a huge deficit of 9.6 million barrels per day in Q2 2026. Global oil demand in the second quarter will decline by 1.7 million barrels per day, and the annual demand in 2026 will decrease by 100 thousand barrels per day. This reflects that supply-side disruptions far exceed the contraction on the demand side.
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