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VIPBitget VIP Weekly Research InsightsThe unique value of Proof-of-Work (PoW) tokens lies in their mining mechanism and regulatory positioning. Research shows that mining costs are a defining feature of PoW tokens, involving significant investment in hardware and electricity. When market prices approach miners' breakeven points, miners tend to hold onto their coins in anticipation of future appreciation. This behavior reduces circulating supply, shifts the supply-demand balance, and may contribute to price increases. Regulatory clarity is also critical to the investment appeal of PoW tokens. Both BTC and LTC are classified as commodities by the U.S. SEC rather than securities, which simplifies the ETF approval process. In January 2024, the approval of the BTC spot ETF triggered significant institutional inflows. LTC is currently undergoing the ETF application process. While DOGE and KAS have not yet received formal classification, their PoW nature may position them for similar treatment. Together, these factors enhance market liquidity and attract more institutional investors.
VIPBitget VIP Weekly Research InsightsIn recent weeks, rising risk-averse sentiment and declining demand for leverage have led to a sharp drop in yields across Earn products. On major DeFi platforms, stablecoin yields have fallen below 4%, while on centralized exchanges, yields on stablecoin-based Earn products now hover around 2%. In contrast, Bitget HodlerYield offers users a 10% APR on stablecoins, with no 7-day cooldown for withdrawals or claims. Funds can be deposited and redeemed instantly, offering greater convenience and flexibility.
VIPBitget VIP Weekly Research InsightsThe RWA (Real-World Assets) sector has been gaining significant traction in the crypto space, as it tokenizes traditional assets like real estate and bonds to bridge the gap between TradFi and DeFi. This process unlocks trillions of dollars in potential value, while enabling broader access to high-value investments through asset fractionalization, increased liquidity, and lower entry barriers. RWA also diversifies and stabilizes DeFi collateral options, addressing the sector's over-reliance on crypto-native assets and paving the way for large-scale adoption. With regulatory frameworks becoming clearer worldwide, the compliance advantages of RWAs are increasingly evident—drawing in institutional capital. What sets RWA projects apart is their connection to real-world income streams like rent and interest payments, offering more sustainable returns than purely speculative assets. These cash-flow-generating features appeal to investors seeking steady returns. As such, RWA is seen as a crucial step in the evolution of blockchain technology from concept to practicality. Its development potential and practical use cases make it an important sector in the crypto industry today.
VIPBitget VIP Weekly Research InsightsRecently, the BNB chain has seen a significant rise in both funds and user activity, accompanied by increasing market attention to its ecosystem. Following the Binance Alpha update, the barrier between Binance's main platform and the chain has been effectively removed, enabling CEX funds to trade DEX tokens. This development is poised to further enhance user and fund activity within the BNB ecosystem, driving strong potential demand for Binance Alpha-listed assets. This bodes well for the growth of the BNB ecosystem and highlights the importance of its core assets.
- 09:36Executive Director of Trump's Digital Asset Advisory Board: The significance of Bitcoin strategic reserves lies in the recognition of BTC valueBo Hines, the executive director of Trump's Digital Assets Advisory Committee, released his interview content on the X platform. In it, he explained the importance of America's Bitcoin strategic reserve. He stated that Trump launched a Bitcoin strategic reserve to accumulate assets for Americans rather than plundering them. At the same time, the significance of a Bitcoin strategic reserve lies in recognizing BTC's value. Since there is a limited amount of Bitcoins available, this could potentially trigger a global competition for asset accumulation.
- 09:28Amazon AWS: Some EC2 instances experienced connection issues, now restored to normalNews on April 15th, Amazon AWS released an update stating that between 12:40 and 1:43 Pacific Time, some EC2 instances in a single availability zone (apne1-az4) located in the Asia-Pacific Northeast-1 region (AP-NORTHEAST-1) experienced connection issues. The problem originated from simultaneous interruptions of the main power supply and backup power supply, affecting the normal operation of related EC2 instances. During this period, customers may encounter higher error rates and delays on instances launched within the affected area, and some other AWS APIs dependent on these EC2 instances may also be affected. Our engineers intervened automatically within minutes and immediately began investigating and implementing corrective measures. We do not believe this issue will occur again. Currently only a very small number of instances are still deployed on hardware affected by the power outage. Efforts will continue to restore all affected instances and volumes, but for immediate recovery, it is recommended to replace these yet-to-be-recovered instances or storage volumes as much as possible. This issue has now been resolved with services back to normal operation.
- 09:15El Salvador only has 20 active Bitcoin Service Providers (BSPs)According to Bitcoin.com News, records from the Central Reserve Bank of El Salvador show that only 20 out of the country's 181 registered Bitcoin Service Providers (BSPs) are actively operating, accounting for just 11%. This includes the official digital wallet Chivo, which is set to be dissolved according to an agreement reached between the government and the International Monetary Fund (IMF). Despite being one of the first countries to open its doors to bitcoin and cryptocurrency services, interest in these solutions has remained low among local residents.