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VIPBitget VIP Weekly Research InsightsOn 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.
VIPBitget VIP Weekly Research Insights (7.26)In 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, becoming a strength eco-project worth focusing on.
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VIPRecommended high-quality projects for major clients (May 16) — Base ecosystem- 19:04Brazil imposes a unified 17.5% tax rate on cryptocurrency profits, ending the tax exemption policy for small investorsAccording to CoinDesk, Brazil has abolished its long-standing tax exemption policy on cryptocurrency gains. Under the new provisional measure (Decree No. 1303), individual profits from cryptocurrencies will be uniformly taxed at a rate of 17.5%. Previously, individuals could sell up to 35,000 reais (approximately $6,300) worth of cryptocurrencies per month without being taxed. Before this change, gains exceeding that threshold were subject to a progressive tax rate, with the highest rate reaching 22.5% for transaction amounts over $5.4 million.
- 19:04BTC Surpasses $104,500Market data shows that BTC has surpassed $104,500 and is currently quoted at $104,507.25, with a 24-hour decline of 0.94%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 19:04Circle CEO: Stablecoins May Be the Most Practical Form of Currency, but the Industry’s “iPhone Moment” Has Yet to ArriveJeremy Allaire, co-founder and CEO of USDC stablecoin issuer Circle, stated on the X platform that stablecoins may be the most practical form of currency ever, but the “iPhone moment” for the stablecoin industry has not yet arrived. However, once the stablecoin market enters the so-called “iPhone era,” developers will be able to unlock programmable digital dollars just as they unlocked programmable mobile devices. At that point, programmable digital dollars will unleash their power and create opportunities on the internet, and this era may be approaching soon.