News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
VIPBitget VIP Weekly Research InsightsAI, blockchain technology, and bioscience are regarded as three transformative technologies of the 21st century. Projects that integrate AI and blockchain are gaining momentum, attracting substantial interest from institutional investors in the primary market and participants in the secondary market. In a bullish market environment, numerous quality projects are expected to emerge. Google recently unveiled its quantum computing chip Willow, while OpenAI officially launched the video generation tool Sora, bringing AI projects back into the spotlight.
VIPBitget VIP Weekly Research InsightsOver the past year, the performance of ETH and its ecosystem has been underwhelming, with the ETH/BTC ratio down by 30% year-to-date. However, it's important to note that BTC has faced a monthly-level correction after hitting resistance at $100,000, while Solana's DEX volumes have seen a significant decline. These shifts suggest that capital is starting to flow back into the ETH ecosystem, with whales quietly accumulating assets over the past year. Several promising projects within the ETH ecosystem and on EVM chains are worth highlighting.
- 10:50Opinion: Over Time, the US Share in the Global Economy is DecliningJeffrey Sachs, an economics professor at Columbia University, recently stated in an interview that over time, the US share in the global economy is declining, and the dollar will no longer be the world's primary currency, which is inevitable. The weaponization of the dollar forces other countries to abandon dollar settlements. Sachs said that the US has weaponized the dollar, frequently using its dominant position to threaten other countries and disrupt trade, which will force other countries to gradually abandon settling international trade in dollars and turn to other currencies. Sachs also predicted that in 10 years, the role of the dollar will be completely incomparable to its current position.
- 10:23BTC/Nasdaq Ratio Reaches 4.96, Near Historical HighsApril 22, according to CoinDesk, the current BTC/Nasdaq ratio has reached 4.96, approaching historical highs. Previously, this ratio set a record of 5.08 in January 2025 when Bitcoin reached an all-time high. Historically, each market cycle sees this ratio hitting new highs, highlighting Bitcoin's superior performance relative to Nasdaq. Bitcoin's trajectory is increasingly diverging from that of U.S. tech stocks. Year-to-date, Bitcoin has fallen by 6%, while Nasdaq has dropped 15%. Since November 2024, when Trump was elected, Bitcoin has risen by 30%, whereas Nasdaq has fallen by 12%. Compared to the "Big Seven" tech stocks, Bitcoin is still about 20% below its February peak this year, yet top tech stocks are outperforming the Nasdaq Composite Index. As a representative of Bitcoin exposure, MicroStrategy (MSTR) has also outperformed U.S. tech stocks. Since joining the QQQ ETF, MSTR has fallen 11%, whereas the ETF has dropped over 16%. The divergence in 2025 is even more apparent: MSTR has risen 6% year-to-date, while QQQ has fallen 15%.
- 10:22European Central Bank Warning: US Push for Crypto Policy May Spread Financial Crisis RiskThe European Central Bank (ECB) has issued a warning about the consequences of the United States' aggressive support for the cryptocurrency industry, stating that the surge in dollar stablecoins could destabilize the European financial system. According to a policy document obtained by POLITICO, just months after the Markets in Crypto-Assets Regulation (MiCA) framework came into effect, the ECB has called for its revision. At the heart of the controversy is the US reform, backed by President Trump, which could flood the European market with dollar-denominated stablecoins. The ECB is concerned that this could lead to European capital flowing towards American assets, undermining the EU’s financial sovereignty and exposing banks to liquidity risks. The ECB warns that without stricter limitations, European issuers may face redemption pressures from both EU and foreign holders, potentially triggering a financial "run" and harming associated institutions.