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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.
- 10:32CertiK: Suspicious activity detected in DIMO admin wallet, 30 million tokens sold for approximately $40,000BlockBeats News, November 7, according to CertiK monitoring, the DIMO admin wallet was used to upgrade the proxy and withdraw 30 million DIMO tokens, which were subsequently sold for approximately $40,000. One hour later, the proxy was reverted to its original implementation and ownership was transferred to a multi-signature wallet. Public information shows that DIMO is a decentralized software and hardware Internet of Things (IoT) platform that allows users to create verified vehicle data streams to privately share with applications, enabling users to negotiate better services such as car financing and insurance.
- 10:32Bitget appoints Ignacio Aguirre Franco as Chief Marketing Officer (CMO)BlockBeats News, November 7, Bitget announced the appointment of Ignacio Aguirre Franco as Chief Marketing Officer (CMO). Ignacio has over fifteen years of experience in technology, fintech, and blockchain, and has held senior positions at internationally renowned companies such as Adobe, SAP, Scorechain, and Xapo Bank. He possesses extensive experience in global brand operations and user growth. As CMO, Ignacio's core responsibilities will revolve around Bitget's Universal Exchange (UEX) vision, driving the seamless integration of CeFi, DeFi, and TradFi ecosystems to create a diversified financial ecosystem that enables "one-stop access to global assets." At the same time, he will be responsible for global brand strategy, enhancing user engagement, optimizing product storytelling, and accelerating the adoption of innovative products such as Bitget On-chain Trading, Stock Contracts, and GetAgent. These efforts will provide key momentum for the company to achieve its goal of surpassing 150 million users by 2026.
- 10:32Opinion: The Market Needs Multiple Factors to Resonate for a Sustained RallyBlockBeats News, November 7, analyst @AxelAdlerJr posted that for the market to return to a risk-on trajectory, it requires not just a single piece of positive news, but sustained bullish signals driven by multiple factors working together. U.S. Treasury yields must stabilize or decline to boost market confidence. Meanwhile, the fear index should narrow to 14-16, credit spreads should tighten, and the upward momentum of gold should weaken—this would mean that safe-haven assets are no longer the only obvious choice. For cryptocurrencies, this means that: Bitcoin finds solid support and stops falling around $100,000, spot ETF resumes net inflows, and its status as a global high-beta asset is reestablished. The macro narrative must shift from loss control to seizing opportunities—the market does not need paradise, it just needs to avoid new crises: a controllable financial environment, no signs of severe recession, and no unexpected new policies from central banks. When 3-4 of these elements are met simultaneously for at least 1-2 trading days without new shocks, a new and sustainable risk appetite emerges.