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VIPBitget VIP Weekly Research InsightsSince Q2 2024, despite the overall decline in the cryptocurrency market, one ecosystem has bucked the trend and delivered exceptional returns—the TON ecosystem. The price of TON has surged by over 3.5x since the beginning of the year and is currently fluctuating around $7, near its all-time high. Backed by Telegram's nearly 1 billion users, the TON ecosystem has developed a range of unique applications that have recently become a focal point within the community.
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.
- 23:39Gold Morning News | Overnight Important Developments on 21st March21:00-7:00 Keywords: PoW mining, PENGU ETF, TON, Polkadot ETF 1. U.S. SEC: PoW mining does not constitute an offering of securities; 2. Canary filed a Form S-1 application for the PENGU ETF; 3. The TON Foundation has raised more than $400 million through a token sale; 4. U.S. President Donald Trump will deliver a video speech at 8:00 Eastern Time at 22:40 ET for a video address; 5. The US SEC has confirmed receipt of the 21Shares Spot Polkadot ETF application; 6. The NYSE submitted a proposal to the US SEC to allow Ether ETFs to be pledged; 7. The Walrus Foundation, the entity behind the Walrus agreement, closed a $140 million funding round; 8. ZachXBT: ’ Hyperliquid Highly Leveraged Giant Whale' or Fraudster William Parker.
- 23:31Morgan Stanley strategist Wilson: U.S. stocks won't make new highs in the first half of this yearMorgan Stanley strategist Wilson: U.S. stocks will not make new highs in the first half of this year
- 23:30ECB chief economist: digital euro necessity grows to counter stablecoins and non-EU tech giants' payment systemsOn 21 March, Philip Lane, Chief Economist of the European Central Bank (ECB), said that the US dollar stablecoin and electronic payment systems dominated by US tech giants are taking up a growing share of the European financial system, and that Europe needs the digital euro to meet this challenge. e-payments offered by large tech companies such as Apple Pay, Google Pay and PayPal are exposing Europe to economic pressure and the risk of external coercion. methods that put Europe at risk of economic pressure and external coercion. He emphasised that a digital euro would provide secure, universally accepted digital payment options within a European regulatory framework, reducing reliance on foreign payment systems while limiting the influence of the dollar stablecoin in the eurozone. lane also pointed out that 99 per cent of the stablecoin market currently consists of tokens anchored to the US dollar, which could lead to a gradual move towards eurozone payment systems that are directly or indirectly anchored to the US dollar, rather than the euro. Like other major economies, the ECB is looking into the possibility of launching a central bank digital currency (CBDC) in response to the competition posed by stablecoins and tech companies' payment systems. lane argues that the digital euro would offer a unique opportunity to address the fragmentation of retail payments in the eurozone, which is made up of 20 eU member states and has a fragmented payment system based on differing legacy standards from country to country.