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VIPBitget VIP Weekly Research InsightsSince Q2 2024, despite the overall decline in the cryptocurrency market, one ecosystem has bucked the trend and delivered exceptional returns—the TON ecosystem. The price of TON has surged by over 3.5x since the beginning of the year and is currently fluctuating around $7, near its all-time high. Backed by Telegram's nearly 1 billion users, the TON ecosystem has developed a range of unique applications that have recently become a focal point within the community.
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 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.
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.
VIPRecommended high-quality projects for major clients (July 10) — Ethereum ecosystem assets
VIPRecommended high-quality projects for major clients (June 25) — Bitget Earn projects 
VIPRecommended high-quality projects for major clients (June 12) — On-chain Earn projects
VIPRecommended high-quality projects for major clients — June 5
VIPRecommended high-quality projects for major clients — May 30- 16:18Analysis: BTC May Experience a Rebound Similar to 2023According to Cointelegraph, the U.S. Dollar Index (DXY) has fallen below the psychological level of 100, hovering near multi-year lows. Trader BitBull stated that DXY is declining at the fastest pace since 2023. BitBull compared the current market trends to the performance of Bitcoin at that time, highlighting that at the beginning of 2023, Bitcoin and altcoins were rebounding from the bear market lows of 2022. Back then, BTC had already bottomed out in the fourth quarter of 2022 and had risen by over 200% within a year. Meanwhile, Andre Dragosch, Head of European Research at asset management company Bitwise, pointed out that Goldman Sachs' research still indicates that there is further downside potential for DXY.
- 16:17ETH Surpasses $1600, Down 1.30% IntradayPANews April 16th - According to market data, ETH has just surpassed $1600, currently priced at $1600.00 per coin, down 1.30% intraday.
- 16:17Data: Trump Family's WLFI Stablecoin USD1 Market Cap Reaches 127.8 Million, Over 113 Million Issued on BNB Chain, Accounting for Nearly 90% of Current CirculationAccording to data from Coinmarketcap and BscScan, as of now, the Trump family's crypto project WLFI's stablecoin USD1 has issued over 113 million USD1 on the BNB Smart Chain (BSC), accounting for nearly 90% of its circulation. The current total market cap of USD1 is close to 127.8 million, with a 24-hour trading volume of nearly 100 million dollars. The combined TVL of BNB Chain and Ethereum exceeds 30 million dollars. Furthermore, USD1 recently opened a trading pool on Pancakeswap, with the current USD1 liquidity pool on Pancake exceeding 19 million, and Pancake V3's USD1 TVL being 10.95 million dollars. The BNB Chain staking protocol ListaDao also recently launched the USD1 Vault, offering a lending limit of 20 million dollars in USD1, allowing users to borrow USD1 using BTCB and WBNB as collateral assets. USD1 is 100% backed by short-term U.S. Treasury bonds, U.S. dollar deposits, and other cash equivalents, pegged 1:1 to the U.S. dollar, aiming to provide sovereign investors and institutions with a secure and efficient tool for cross-border transactions. Currently, USD1 has been included in BNB Chain's stablecoin 0 gas fee campaign, providing a smooth stablecoin transfer experience for more users. BNB Chain is committed to expanding stablecoin usage scenarios to promote large-scale crypto adoption. According to today's data from Dune, the total market capitalization of stablecoins on BNB Chain is 7.2 billion dollars.