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09:03
Analysis: Bitcoin may drop another 30% this year, now entering a deep bear market phase
Jinse Finance reported that CK Zheng, founder of the crypto hedge fund ZX Squared Capital, stated that bitcoin has entered a deep bear market phase. With the influence of the "four-year cycle" strengthening, the price may further decline by about 30% in 2026. Previously, bitcoin reached a historical high of over $126,000 in October 2025, about 16–18 months after the halving in April 2024, but has now fallen back to around $68,000. The trend basically aligns with the four-year cycle pattern centered on halving. Retail investors' behavior of chasing the market during periods of frenzy and selling in panic has reinforced this bear market cycle, while institutional adoption remains limited. The scale of crypto ETFs and digital asset reserve companies accounts for only about 10% of the overall market. In a bear market environment, some companies that use bitcoin as an asset reserve may be forced to sell assets due to debt repayment pressure, thereby exacerbating downward market pressure. (CoinDesk)
08:50
Lighter: 7.48 million LIT tokens have been repurchased since TGE
Foresight News reported that according to the official disclosure from the Lighter protocol, since the TGE (Token Generation Event), a total of 7.48 million LIT tokens have been repurchased, accounting for approximately 3% of the current circulating supply. Additionally, the daily repurchase operations are all executed automatically by the program.
08:39
The bitcoin premium index on a certain exchange has been in negative premium for three consecutive days, currently reported at -0.0049%.
BlockBeats News, March 8, according to Coinglass data, the bitcoin premium index on a certain exchange has remained in negative premium territory for three consecutive days, currently reported at -0.0049%. Since 2026, there have only been 6 days with a positive premium. BlockBeats Note: The bitcoin premium index of a certain exchange is used to measure the difference between the bitcoin price on a specific exchange (a mainstream US trading platform) and the global market average price. This index is an important indicator for observing capital flows in the US market, institutional investment enthusiasm, and changes in market sentiment. A positive premium indicates that the price on a certain exchange is higher than the global average, which usually means: strong buying in the US market, active participation by institutions or compliant funds, ample US dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the price on a certain exchange is lower than the global average, which usually reflects: greater selling pressure in the US market, decreased investor risk appetite, rising risk aversion sentiment, or capital outflows.
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