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The 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.)
As 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.
On 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.
The AVAIL token powering the Avail ecosystem and the unification of web3 is now live on mainnet with the launch of Avail DA.
- 18:31U.S. stocks extend gains, Dow up 1 per centU.S. stocks extended gains, the Dow rose 1 per cent, the S&P 500 rose 0.41 per cent, the Nasdaq narrowed its decline to 0.14 per cent.
- 18:30BTC breaks above $98,000The market shows that BTC breaks through $98,000, now at $98,036, up 4.16% in 24 hours, the market fluctuates a lot, please do a good job of risk control.
- 18:00Market news: FTX restructuring plan expected to take effect in early January 2025, compensation distribution by March 2025FTX Restructuring Plan Expected to Take Effect in Early January 2025, Compensation Distribution May Begin by March 2025, According to Market Sources.