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09:20
Kpler: Oil shipment times to Asia could double if Bab el-Mandeb Strait is disrupted
Golden Ten Data reported on March 30th that Muyu Xu, Senior Crude Oil Analyst at Kpler, stated that if any potential disruption occurs in the Bab el-Mandeb Strait, crude oil shipments may be forced to reroute around the Cape of Good Hope, which would double transit times and increase costs. "Ship owners may choose to divert westward, transiting the Suez Canal and then around the Cape of Good Hope to transport Saudi crude oil to Asia, but this journey would take nearly 50 days, more than twice the time required for transportation via the Red Sea, and would substantially weaken the market's immediate supply capacity." The rerouting would significantly increase costs due to higher freight rates and increased fuel consumption, while also forcing the global oil tanker fleet to be redeployed, as very large crude carriers (VLCCs) are unable to transit the Suez Canal.
09:16
SOL returns to the main cost range, and the battle between bulls and bears may intensify.
Data shows that the SOL price has re-entered a high-concentration chip zone from $83.7 to $91.92 over the past month, with the Point of Control (POC—highest transaction density price) located at $90. After the price enters this dense area, the market tends to fight fiercely around the POC, making $90 a potentially important resistance level in the near term—exercise caution when chasing high. Chip support levels: $83.7, $79 Chip resistance levels: $86.8, $90 Data source: PRO "Chip Distribution" indicator, which supports real-time monitoring of the main cost zone to help identify key support and resistance in advance. Note: Chip distribution varies for different coin pairs and time ranges; data is for reference only.
09:09
HuaAn Fund: HuaAn S&P Global Oil Index (LOF) to suspend redemptions on April 3
Golden Ten Data reported on March 30 that Hua An Fund has announced the suspension of redemptions for its Hua An S&P Global Oil Index (LOF) fund starting from April 3, 2026. The suspension date is April 3, 2026, due to a US public holiday, during which the primary market where the fund invests will be closed. The sub-funds, Hua An S&P Global Oil Index (LOF) A and Hua An S&P Global Oil Index (LOF) C, with trading codes 160416 and 014982 respectively, will both suspend redemptions. Regular redemption services will resume on April 7, 2026.
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