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VIPBitget VIP Weekly Research InsightsUS initial claims for unemployment insurance and the unemployment rate are being released this week, key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.
VIPBitget VIP Weekly Research InsightsOn August 12, the TRON ecosystem DEX, SUN.io, launched Sun Pump, the ecosystem's first memecoin issuance platform. Its goal is to provide creators with a convenient and cost-effective token issuance solution. As of August 21, Sun Pump has surpassed pump.fun in revenue and the number of new tokens issued. Some Meme coins issued on Sun Pump have shown astonishing performance. For example, SUNDOG increased by 10,156 times within 5 days and 8 hours of its creation, and FOFAR increased by 6176 times in 4 days and 6 hours. These skyrocketing memecoins have attracted significant attention from investors.
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- 23:49Jupiter co-founder meow: Token burn is an important gesture of restarting and showing commitment to token holders, and community reset is a necessary task to advance.Jinse Finance reported that in response to Jupiter community member @MINHxDYNASTY's post praising "Jupiter for changing the 30-day staking unlock period to 7 days, DAO downsizing, and other major changes," Jupiter co-founder meow responded on X, saying, "That's right, thank you very much for your message — your judgment is 90% accurate. The past few months have indeed been particularly tough, but as you said, sometimes you have to seriously examine what isn't working and then readjust your strategy. I want to say, the problem is not that things were considered 'after the fact,' but rather that we really tried too many directions, and these attempts did not bring synergistic development to the product and community. Regarding this token burn, I personally feel deeply regretful, but for token holders, it is an important gesture to restart the relationship between both parties. I am also saddened by the community restructuring, but it is also a necessary task to push forward — however, I should have thanked you properly a long time ago. Looking ahead, we need to create a highly synergistic virtuous cycle between token holders, product growth, and community development. Currently, I am close to finishing a lot of work on team operations and product strategy — going forward, these two areas will be my main focus."
- 23:49The Bank of England pledges to stay aligned with the US on stablecoin regulationJinse Finance reported that Sarah Breeden, Deputy Governor of the Bank of England, stated that the UK government is likely to keep pace with the United States in the regulation of stablecoins, emphasizing that it is "crucial" for these two allies to achieve coordination on regulatory rules for this $310 billions industry. Breeden said at the SALT conference in London on Wednesday that the UK will implement a stablecoin regulatory framework "as quickly as the United States"—a statement that dispelled concerns about the UK lagging behind in this area, especially after the US passed the landmark GENIUS Act in July. This statement further advances the previous momentum of cooperation. In September this year, UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent held a meeting, during which the two countries agreed to strengthen coordination on crypto and stablecoin-related activities. The background of this meeting is that several UK crypto advocacy organizations had previously called on the UK government to adopt a more open attitude towards the crypto industry, claiming that the current policy stance has caused the country to fall behind in industry innovation and regulatory policy.
- 23:41Overview of Major Overnight Developments on November 67:00 (UTC+8) - 12:00 (UTC+8) Keywords: ADP, Ripple, Solana Company, CMT Digital 1. The probability of a 25 basis point rate cut by the Federal Reserve in December is 62.5%; 2. US October ADP employment increased by 42,000, higher than expected; 3. Solana Company has approved the launch of a $100 million stock buyback plan; 4. Digital asset venture capital CMT Digital's fund has completed a $136 million fundraising; 5. Ripple has completed $500 million in financing, led by Fortress and Citadel Securities; 6. Digital asset infrastructure company OFA Group has completed $50 million in private equity financing; 7. Balancer released a preliminary report on a vulnerability attack incident: it was caused by an error in the rounding logic of batch swap transactions being exploited.