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TLDR: Additional airdrops and rewards worth $500,000 are on the horizon New partnerships and expanded opportunities for the CARV community Both seasoned members and newcomers can continue to enjoy these benefits throughout Q3 and 4
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.
- 18:20Analyst: The Federal Reserve's dot plot forecast may return to June, and it would be a surprise hawkish move to cut interest rates once next yearOn December 19, Forexlive analyst Adam Button stated: The median interest rate forecast for 2025 in the Federal Reserve's September economic forecast summary is 3.4%, lower than the 4.1% predicted in June. This situation is likely to reverse in December, at least to some extent. The federal funds futures market expects the interest rate at the end of 2025 to be 3.84%, which is almost exactly preparing for two more rate cuts next year. One of them may take place at a meeting in March, and the second one could occur in July or September. If the median estimate of Fed's interest rates remains unchanged or rises to match market pricing, it would not be surprising either. If dot plots only show one further cut, that would be a hawkish surprise causing market volatility.
- 18:19Opinion: The Federal Reserve will not be as aggressive in cutting interest rates next year as previously expectedOn December 19, Marc Chandler, Chief Market Strategist at Bannockburn Global Forex, stated, "My personal feeling is that the Federal Reserve is expected to take aggressive interest rate cuts. However, the dot plot shows subsequent rate cuts are lower than anticipated in September. Powell will also reiterate his previous statement that economic growth is stronger than expected. Therefore, through the dot plot and his hints, I believe the conclusion drawn by the market is that the Federal Reserve will not cut rates as aggressively next year as they previously anticipated."
- 18:18Kelp DAO announces KERNEL token economics, 20% of the total tokens are used for airdropsOn December 19, the re-pledge project Kelp DAO announced the KERNEL token economics on platform X, with specific token distribution as follows:-55% for community rewards and airdrops: 20% for airdrops; 35% for future community rewards.-5% for ecosystem and partners.-20% for private sale.-20% for team and advisors.In addition, 20% of tokens are allocated to three airdrop seasons;-The first airdrop season: Airdrop accounts for 10% of total supply, snapshot date is December 31, 2024.-The second airdrop season: Airdrop accounts for 5%, time period from January 1, 2025 to April 30, 2025. -The remaining plan of the last five percent of the airdrops is yet to be determined.