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At BRN Metaverse, our mission has always been to provide our community with the best opportunities for growth, engagement, and innovation in the digital space. As part of this commitment, we are thrilled to announce that BRN will soon be listed on Bitget, one of the fastest-growing cryptocurrency exchanges in the world. But why did we choose Bitget? Here’s a closer look at why we believe Bitget is the perfect platform for BRN’s next big step.
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.
- 09:25Lido releases Ethereum staking SDK, supporting cross-chain staking function integrationLido announces the launch of an Ethereum staking SDK, a TypeScript tool library for building off-chain integrations. This SDK allows developers to seamlessly integrate Lido's staking features into off-chain applications, providing core functions such as staking, reward tracking, withdrawal and wrapping. The newly released SDK has multi-chain support features that allow for non-cross-chain staking/unstaking operations on networks like OP Mainnet. The toolkit includes pre-built methods and complete documentation suitable for developing DeFi protocols, dashboards or new types of staking products.
- 09:22Morgan Stanley's Chief Investment Officer: Market breadth collapse signals liquidity turning point, suggests sticking to high-quality strategiesAccording to reports, Morgan Stanley's Chief Investment Officer and Chief U.S. Equity Strategist Mike Wilson has expressed his latest views. He pointed out that the breadth of the U.S. stock market in December hit a historic low, synchronizing with the breakthrough of the 10-year U.S. bond yield threshold at 4.5%, indicating that the Federal Reserve may not be able to provide the expected easing policy. Wilson analyzed that the current market breadth is decoupled from prices, similar to 1999, mainly due to ample liquidity. With reverse repurchase (RRP) shrinking from its peak of $2.5 trillion and possible minor rate cuts by Fed, there might be a tightening of liquidity in early 2024. He suggested investors continue focusing on high-quality stocks as no-profit growth stocks and low-quality cyclical stocks could face significant impact. Wilson stated that due to lack of mean reversion over past years, investors are more inclined to track price trends leading to extreme concentration in markets; "quality" factor has become widely used as a stock selection criterion.
- 09:18Deutsche Bank: The Federal Reserve is likely to skip a rate cut in January next yearAs the market continues to bet that the Federal Reserve will take a cautious path to lowering interest rates, the dollar is rising. According to data from the London Stock Exchange Group, the market expects the Fed to cut interest rates by a total of 38 basis points by December 2025. The Fed lowered its rate by 25 basis points last week but hinted that future cuts would slow down. Analysts at Deutsche Bank said in a report that it's likely the Fed will skip cutting rates in January next year, which could evolve into a long-term pause in policy easing until 2025.
