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13:04
OpenEden collaborates with BNY Investments to launch the tokenized product HYBOND on the Ethereum blockchain
Foresight News reports that RWA tokenization platform OpenEden has announced a partnership with BNY Investments, a subsidiary of New York Mellon Bank, to launch a tokenized product called HYBOND, bringing its Global Short-Dated High-Yield Bond Fund on-chain. The product invests in BNY Investments' global short-term high-yield bond strategy. Initially, the product will be available to select institutional clients, with plans to fully open to institutional investors by the end of April 2026. It is currently deployed on the Ethereum network and will later expand to XRP Ledger, BNB Chain, and other multi-chain ecosystems.
13:04
Analysts have differing views on the maturity of the bitcoin market, with some still warning that it could fall to $10,000.
Analysis indicates that Bitcoin's recent decline of around 50% is lower than the 80%-90% crashes of past cycles, demonstrating a more mature market structure and increased liquidity. Supporters believe that increased institutional participation has reduced volatility and the likelihood of major declines, making Bitcoin more like an investment portfolio efficiency tool rather than a speculative asset. However, Bloomberg analyst Mike McGlone warns that the crypto bubble is over and Bitcoin may still fall to $10,000. Others suggest that Bitcoin’s scale, ETF and pension fund integration, and strong long-term risk-adjusted returns reduce the likelihood of a dramatic crash.
13:03
South Korea further raises the alert level for resource security crisis
According to a report from Yonhap News Agency on April 1, as domestic oil supply disruption risks gradually emerge, the South Korean government has decided to raise its national resource security crisis alert level from Level 2 "Caution" to Level 3 "Warning" starting at midnight on April 2. Meanwhile, the natural gas crisis alert level will be raised from Level 1 "Concern" to Level 2 "Caution." The report states that the reason for upgrading the alert is partial hindrances in international oil market procurement and a more than 20% decline in domestic crude oil inventories, which have begun to have a substantive impact on South Korea's economy and industry. As one of the measures to address energy supply shortages, the South Korean government announced that, starting from April 8, public sector and institutional vehicles will be subject to odd-even license plate restrictions, excluding electric and hydrogen-powered vehicles.South Korea's energy supply is highly dependent on imports, with approximately 70% of oil and about 20% of liquefied natural gas coming from the Middle East. Since the United States and Israel began military strikes against Iran on February 28, international energy supplies have been affected and energy prices have surged. The South Korean government issued a Level 1 resource security crisis alert on March 5 and announced a raise to Level 2 on March 18. The highest level of this alert mechanism is Level 4. (Xinhua News Agency)
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