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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 centralised exchanges can offer low-risk returns despite market volatility by utilising 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 27 July (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.
VIPBitget VIP Weekly Research Insights (26 July)Over the past three weeks, SOL's price has rebounded strongly from a low of $120 to a high of $185 on July 21. This represents a robust recovery of over 50%, surpassing the rebound seen in BTC, ETH, and most other high-cap altcoins, making it a strength eco-project worth focusing on.
- 00:32A certain whale transferred 2,538 ETH and 3,142 LINK to an exchange after 3 years of dormancy.According to Jinse Finance, Onchain Lens monitoring shows that after being dormant for 3 years, a certain whale has deposited all of its ETH and LINK into an exchange. · 2,538 ETH, worth $10.41 million, with a profit of $11.13 million · 3,142 LINK, worth $59,972, with a profit of about $56,000 This whale still holds 59,225 POLY, worth about $2,220.
- 00:32Canadian Bitcoin ATM service provider Bitcoin Well acquires an additional 13.12 bitcoinsJinse Finance reported that, according to BitcoinTreasuries.NET, a Canadian listed Bitcoin ATM service provider (stock code: $BTCW) has purchased an additional 13.12 bitcoins, bringing its total holdings to 67.80 bitcoins.
- 00:17State Street: US ETFs Have Attracted Over $1 Trillion in Inflows This YearAccording to ChainCatcher, citing Golden Ten Data, State Street Global Advisors stated that investors are rapidly pouring funds into US exchange-traded funds (ETFs), with inflows exceeding 1 trillion US dollars so far this year. The total inflow for the year is expected to set a record of 1.4 trillion US dollars. State Street noted that last year, US ETF inflows reached the 1 trillion US dollar milestone on December 11. This year, investors have allocated funds across all sectors, from low-cost general ETFs linked to the S&P 500 Index to cryptocurrency and gold ETFs.