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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.
- 02:46Uniswap: The fee switch proposal contract has been deployed to the Ethereum mainnet and is ready for on-chain voting.ChainCatcher news, Uniswap announced that the fee switch proposal contract has been deployed to the Ethereum mainnet and is ready for on-chain voting. A maximum of 15.5 million USD will be provided as rewards for security researchers who discover critical vulnerabilities.
- 02:41Jupiter carried out a JUP burn plan of approximately 130 millions yesterday, responding to holders' suggestions to shorten the unlocking period to 7 days.Jinse Finance reported that Jupiter officially announced on social media that it has completed the second phase of the JUP "Fresh Start" plan. This phase aims to strategically align JUP with the platform's vision of bringing billions of users into DeFi, as well as with the community ecosystem and token system. The "Fresh Start" is essentially about setting a more strategic development path for JUP. Through deep reflection on issues with the governance mechanism and the drawbacks caused by excessive DAO communication, we realized that these factors are distracting the team and community from focusing on core work. The second phase focuses on a burn vote for approximately 130 million JUP in Litterbox (cat litter box). Today, we officially executed this burn plan and responded to token holders' suggestions by shortening the unlocking period to 7 days.
- 02:41Spot gold has risen by $13 in the short term and is now quoted at $4,163.21 per ounce.Jinse Finance reported that spot gold has risen by $13 in the short term, now quoted at $4,163.21 per ounce, reaching a new high since November 14, with a daily increase of 0.78%.