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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.
- 06:46ECB Governing Council member Rehn warns: Inflation outlook may face downside risksJinse Finance reported that European Central Bank Governing Council member Olli Rehn warned that consumer price growth could slow to below the 2% target. "At present, we have roughly reached this target—in that sense, the current situation is good," the Governor of the Bank of Finland told the Karon Grilli podcast. "However, in the coming years, downside risks to inflation still exist—due to factors such as a stronger euro, and the stabilization of wage and service inflation." After eight consecutive 25 basis point rate cuts within a year, officials are weighing whether further policy easing is necessary. Most officials seem to believe that as long as there are no new shocks, it is acceptable to keep the deposit rate at 2%, while others insist that the possibility of further rate cuts should not be ruled out.
- 06:13Analyst: Bitcoin short-term holders increased their holdings by 559,000 BTC in the past quarter, indicating a large influx of new buyers into the market.ChainCatcher news, CryptoQuant analyst Axel stated on social media, "In the past quarter, the bitcoin supply held by short-term holders increased by 559,000, rising from 4.38 million to 4.94 million, indicating a large influx of new buyers into the market."
- 05:55Bitwise: Q4 Will See Record Inflows into Bitcoin ETFJinse Finance reported that on October 7, the Chief Investment Officer of Bitwise stated that various favorable factors have converged, and Q4 will see record-breaking capital inflows into bitcoin ETFs, strong enough to push BTC prices to new all-time highs. There are three reasons: 1. The crypto industry has won over major wealth management platforms, with platforms such as Morgan Stanley and Wells Fargo, which manage massive assets, now allowing advisors to allocate crypto on behalf of clients; 2. "Devaluation trades" are a hot trend on Wall Street this year, and the government is indeed devaluing the currency; 3. There is optimism about bitcoin returns in Q4, and higher prices will stimulate even greater demand for bitcoin ETFs.