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VIPBitget VIP Weekly Research InsightsAs the regulatory landscape for DeFi and cryptocurrencies in the United States becomes clearer, top-performing DeFi projects with strong profitability are poised to give their tokens genuine value. This could involve using a portion of their profits for token buybacks or directly distributing profits to token holders. If these proposals are implemented, the valuations of these DeFi projects could experience significant upward adjustments. Early market interest has already emerged, making these projects worth investors' attention.
VIPBitget VIP Weekly Research InsightsLast week, Vitalik Buterin and CZ hosted the DeSci (Decentralized Science) conference at Devcon, where Vitalik unveiled the first DeSci product. CZ also expressed ambitions to see 1000 DeSci products next year, sparking widespread attention to the DeSci concept across the industry. Key speculative projects, RIF and URO, each surpassed a market cap of $100 million. As the sector continues to grow, DeSci remains an area worth close attention.
TRON founder Justin Sun said that the Nansen integration will enhance developer and community interaction within the ecosystem.
VIPBitget VIP Weekly Research InsightsAptos and Sui, two new public blockchain projects developed with the Move programming language, have recently garnered significant attention in the secondary market. Sui led the way with a steady price increase since early August, up sixfold in three months. Aptos has since followed, driven by ongoing support from the Aptos Foundation. Both Move-based projects have presented notable trading opportunities over the past quarter.
- 22:27Offshore Yuan Falls 87 Points Against US Dollar Compared to Monday's New York CloseAccording to a report by Jinse Finance, the offshore RMB (CNH) was trading at 7.2098 against the US dollar at 04:59 Beijing time, down 87 points from Monday's New York close, with intraday trading ranging between 7.2002 and 7.2352.
- 22:27Spot Gold Falls Below $3,400/OunceAccording to Jinse Finance, spot gold has fallen below $3,400 per ounce, with an intraday decline of nearly 1%.
- 22:27Ministry of Commerce: China Agrees to Engage with the U.S.According to a report by Jinse Finance, a reporter asked: On the morning of May 7, the Ministry of Foreign Affairs announced that Vice Premier He Lifeng will visit Switzerland from May 9 to 12 and hold talks with the US side. Could the Ministry of Commerce introduce the background and relevant considerations of this meeting? Answer: The Chinese side has carefully evaluated the information from the US side. Based on full consideration of global expectations, Chinese interests, and calls from the US industry and consumers, China has decided to agree to engage with the US side. Vice Premier He Lifeng, as the Chinese lead in China-US economic and trade matters, will hold talks with the US lead, US Treasury Secretary Besent, during his visit to Switzerland.