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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.
- 08:08Musk: AI5 chip is about to complete tape-out, AI6 chip development has already startedJinse Finance reported that Musk stated: The AI5 chip is about to complete tape-out, and the development of the AI6 chip has already begun. Our goal is to bring a new artificial intelligence chip design into mass production every 12 months. We expect that the total number of chips eventually produced will exceed the sum of all other artificial intelligence chips.
- 07:20Web3Labs: Official X account hacked and false information posted, full recovery efforts underwayChainCatcher News, according to the official announcement, the official Twitter account of Web3Labs was hacked by an unidentified attacker in the early hours today. Currently, all information posted by this account is false. Web3Labs reminds users not to trust, click, forward, or interact with any related content. The Web3Labs team is contacting the official Twitter platform team in hopes of regaining control of the account as soon as possible.
- 07:02U.S. tech giants spark a bond issuance boomJinse Finance reported that recently, a wave of bond issuance has suddenly swept through major US tech giants. The combined issuance volume of Amazon, Alphabet (Google's parent company), Meta, and Oracle has already approached $90 billion. According to foreign media statistics, US companies have issued over $200 billion in corporate bonds this year to fund artificial intelligence-related infrastructure projects. This has raised questions about whether the market can absorb such a massive supply, while also intensifying concerns over the rapidly increasing AI-related expenditures. These concerns have also "air-raided" the US stock market, triggering a significant correction since early November. Data shows that since November, the tech-heavy Nasdaq index has fallen by more than 6%, while the S&P 500 and Dow Jones indices have dropped by 3.47% and 2.77%, respectively. In addition, the US Tech Seven Giants Index has declined by 5.73%, and the Philadelphia Semiconductor Index has plummeted by over 11%. On an individual stock basis, in the single week of November 14 alone, AMD fell by more than 17%, Micron Technology dropped nearly 16%, Microsoft fell by over 7%, Qualcomm dropped over 6%, and Amazon and Nvidia both fell by nearly 6%. (Broker China)