Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

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

banner
Flash
03:04
RootData: IN will unlock tokens worth approximately $4.38 million in one week
ChainCatcher news, according to Web3 asset data platform RootData token unlock data, INFINIT (IN) will unlock approximately 35.73 million tokens, worth about 4.38 million US dollars, on July 7 at 17:00 (GMT+8).
03:01
Indonesian bond yields rise, attracting $1.2 billion in funds
Golden Ten Data reported on June 30 that Indonesian bonds are expected to see their largest monthly capital inflow in over a year, indicating that government measures to increase bond yields in order to attract foreign capital and support the Indonesian Rupiah are beginning to take effect. Data from the Indonesian Ministry of Finance shows that, as of June 26 (UTC+8), foreign investors had made a net purchase of $1.2 billion in government bonds, putting the market on track for the biggest single-month capital inflow since May last year. "The rise in yields on Indonesian government bonds has once again attracted the attention of foreign investors," said Eugene Leow, Senior Rates Strategist at DBS Bank Singapore. "Additionally, with the U.S. dollar strengthening, Bank Indonesia's continued interest rate hikes to ensure Rupiah stability have further contributed to the positive momentum." The Indonesian asset market is showing signs of recovery.
03:01
Bitunix Analyst: Policy and Geopolitical Uncertainties Intertwine, Global Markets Await More Confirmation Signals
BlockBeats News, June 30. The global market continued to digest the impact of the Middle East situation, U.S. policy, and signals from central banks around the world. The latest ruling by the U.S. Supreme Court expanded the president's power to dismiss certain federal agency officials, but at the same time prevented the removal of Federal Reserve governors, keeping the market attentive to the Fed's policy independence. On the other hand, the U.S. strategic oil reserves dropped to their lowest level since 1983, while South Korea announced plans to promote the construction of a large AI data center, reflecting continued global capital inflows into artificial intelligence infrastructure. While the situation in the Middle East has maintained a ceasefire framework, uncertainty has not been eliminated. Iran has stated that there are no immediate plans to hold formal negotiations with the U.S., prioritizing the implementation of the bilateral memoranda of understanding at this stage and continuing to strengthen its management of navigation through the Strait of Hormuz. On the other hand, Trump stated that U.S. and Iranian representatives would meet in Doha, with divergent public statements on the progress of the negotiations still existing. The market is also monitoring persistently high shipping insurance premiums, restrictions on passage through the Strait of Hormuz, and global energy restocking demand, indicating that even though oil prices have fallen back to around $70, risks in the energy supply chain have not been completely eliminated. On the central bank policy front, the minutes of the Reserve Bank of Australia meeting still maintained a somewhat hawkish stance, emphasizing that a further interest rate hike is not ruled out if necessary. However, the market believes that the decline in oil prices and economic slowdown may reduce the likelihood of future tightening. On the other hand, the Japanese yen fell below the key exchange rate range at which the Japanese government intervened in 2024, putting pressure on the Japanese government once again to consider intervention in the foreign exchange market. This situation also reflects that major global economies are still affected by capital flows driven by high-interest rates and U.S. dollar strength. Regarding the crypto market, Bitcoin is currently maintaining a range-bound movement between $58,060 and $61,931, with an overall cautious sentiment in the market. Against the backdrop of global policy signals that are not yet fully clear, an energy market still influenced by geopolitics, and continued divergence in the policy paths of major central banks, short-term fund risk preferences are still easily driven by macro events. The market will continue to focus on the developments in the U.S.-Iran situation, the policy directions of various central banks, and whether there are new changes in the global liquidity environment. These factors will remain key observation points affecting the volatility of risk assets.
Markets