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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 11:00
    The total open positions of BTC options across the network have dropped to 18.7 billion USD, while those for ETH options stand at 5.69 billion USD
    PANews reported on August, according to Coinglass data, the nominal value of unliquidated positions in BTC options across the network has dropped to 18.7 billion US dollars, and for ETH options it is 5.69 billion US dollars.
  • 10:57
    Dogecoin Core is about to undergo a security update
    Dogecoin Core 1.14.8 is about to be released, with the focus of this update being to enhance the repeatability of the compilation process, which is an important step in strengthening network security and reliability. A junior developer from the Dogecoin team announced on social media that Dogecoin Core 1.14.8 has passed a critical test, namely "whether multiple developers can reliably reproduce the same output of the compilation process".
  • 10:37
    CITIC Securities: It is expected that the Federal Reserve will cut interest rates by 25bps for the first time in September, with a total annual reduction space of 50-75bps
    CITIC Securities research report pointed out that the number of new non-farm jobs in the United States in July 2024 was lower than expected. The revised previous value of new non-farm employment, rising unemployment rate, and slowing wage growth all indicate a continued cooling of the US labor market. However, marginal changes are not significant in historical data; an unemployment rate of 4.3% is still at a historically low level. Influenced by increased labor supply and weather factors, the data should not be over-interpreted. Non-farm employment data for July may deviate from the Federal Reserve's "sweet spot" but has not left its "comfort zone". Also, "recession trading" does not equate to an "economic recession". We expect that the Fed will cut interest rates by 25bps for the first time at September's FOMC meeting with room to decrease rates by 50-75bps throughout this year; within this year, we anticipate that yields on 10-year U.S Treasury bonds will fluctuate between 3.5-4.2%.