News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
TLDR: Additional airdrops and rewards worth $500,000 are on the horizon New partnerships and expanded opportunities for the CARV community Both seasoned members and newcomers can continue to enjoy these benefits throughout Q3 and 4
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.
As the Voyage ends, a new opportunity arises to ride the waves and collect rewards every ten weeks.
The AVAIL token powering the Avail ecosystem and the unification of web3 is now live on mainnet with the launch of Avail DA.
- 12:43Strategy Announces $4.2 Billion STRD Preferred Stock Issuance PlanAccording to a report by Jinse Finance, Strategy announced on July 7 that it has signed a sales agreement to issue up to $4.2 billion worth of 10.00% Series A Perpetual Stride Preferred Stock (STRD Stock). The company plans to sell these shares in an orderly manner over an extended period, based on market trading prices and volumes. Strategy stated that the proceeds will primarily be used for Bitcoin acquisitions, working capital, and dividend payments to existing preferred shareholders. The company has adopted Bitcoin as its primary reserve asset while continuing to offer AI-driven enterprise analytics software services.
- 12:43Strategic Partnership with Modhaus to Enhance On-Chain Fan Engagement ExperienceOdaily Planet Daily reports that consumer-grade blockchain Abstract has announced a strategic partnership with South Korean entertainment company Modhaus. Modhaus is the team behind K-pop girl groups tripleS, ARTMS, and idntt. Through this collaboration, Modhaus’s fan engagement platform Cosmo will migrate to the Abstract chain, enabling fans to log in with a single click using email, fingerprint, or facial recognition. This allows seamless participation in interactions without the need to understand complex crypto processes.
- 12:26US Treasury Secretary: Several Trade-Related Announcements to Be Released in the Next 48 HoursAccording to a report by Jinse Finance, U.S. Treasury Secretary Bessent stated that the United States will achieve economic growth without causing inflation. Several trade-related announcements will be made within the next 48 hours. Last night, I received many new proposals. Many people have changed their positions during negotiations. When discussing positions at the Treasury and the Federal Reserve, Bessent said, I will act according to the President's wishes. Regarding interest rates, he noted that the market may be pricing in Trump's views on rates. This is not just a matter for the Fed Chair, but for the entire committee. (Regarding the movement of the U.S. dollar) Currency fluctuations are a natural phenomenon and not abnormal volatility.