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TLDR: Additional airdrops and rewards worth $500,000 are on the horizon New partnerships and expanded opportunities for the CARV community Both seasoned members and newcomers can continue to enjoy these benefits throughout Q3 and 4
VIPBitget VIP Weekly Research InsightsThe uncertainty surrounding macroeconomic conditions and market reactions makes it challenging to predict short-term and mid-term market trends, with both black-swan and white-swan events possible at any time. Therefore, a rational approach would be to maintain a balanced position and reserve funds for potential dip-buying opportunities. In our last issue, we recommended several passive income products on Bitget. Now, we will introduce additional products based on USDT/USDC, BTC, and SOL, available both on Bitget and their respective blockchains. (While ETH-related LST and restaking projects have shown the highest potential returns lately, they are not included in our recommendations this time due to the high uncertainty of LST projects and their lack of flexibility in unstaking.)
VIPBitget VIP Weekly Research InsightsAs global market risks intensified this week, crypto assets across sectors experienced significant corrections and poor performance. Passive income products from centralized exchanges can offer low-risk returns despite market volatility by utilizing diversified portfolios to mitigate downside risks. This week, we recommend Bitget Earn's passive income products for our key clients.
VIPBitget VIP Weekly Research InsightsOn July 27 (local time), the current Republican presidential candidate Donald Trump attended the Bitcoin Conference. Essentially, the purpose of his appearance was to rally the mining community in the United States. The conference announced positive news for the mining industry, with a 12% increase in KAS over the past seven days and a noticeable net inflow of funds and traffic, indicating a certain wealth effect.
As the Voyage ends, a new opportunity arises to ride the waves and collect rewards every ten weeks.
- 10:57"Fed's mouthpiece" warns: Tonight's CPI is crucialNick Timiraos, a Wall Street Journal reporter known as the "Fed's mouthpiece," pointed out that not all monthly CPI inflation reports are equally important. In an economy facing price pressures, the impact of January's CPI data is greater. Timiraos stated that the inflation report to be released this week may show whether the Fed's efforts to suppress inflation have cleared a key obstacle. The beginning of the year is when companies take into account higher food, energy and labor costs for the year. The Department of Labor is scheduled to release January's CPI data on Wednesday, and another PPI report on wholesale prices will be published on Thursday. Timiraos emphasized that this data has significant implications for the Fed. A year ago, inflation seemed to be rapidly moving towards the Fed's target, but they encountered major obstacles in Q1. Additionally, officials also faced similar unexpected inflations at early 2023 when seasonal adjustment factors offset previous progress made by Federal Reserve System (Fed). Furthermore,Timiraos also said that another reason why tonight’s inflation report is particularly important is because Trump is implementing new tariffs including an additional 25% tariff on steel and aluminum imports which further complicates inflation prospects for 2025.
- 10:49Today's Fear and Greed Index is 46, and the level is neutralToday's Fear and Greed Index dropped to 46 (yesterday's was 47), and the level is neutral.Note: The threshold of the Fear Index is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market research (15%) + Bitcoin's proportion in the entire market (10%) + Google hot word analysis (10%).
- 10:44Bitget Wallet supports Mantra mainnet, promoting the tokenization of RWA assetsThe Web3 wallet, Bitget Wallet, now supports the Layer 1 blockchain - Mantra Mainnet, which focuses on Real World Assets (RWA). Users can add the Mantra network in Bitget Wallet to transfer and receive OM tokens. They can also enter the Mantra DApp section through the discovery page, connect their wallets for cross-chain transactions, pledge $OM and participate in official reward activities. Mantra Mainnet is dedicated to tokenizing real-world assets and promoting the connection and integration of traditional finance with blockchain. As a Layer 1 blockchain targeting RWA market, Mantra is exploring application potential under regulatory frameworks. In future, Bitget Wallet will collaborate with Mantra to launch more activities.