News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
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.
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.)
- 11:03Analyst: U.S. CPI data could potentially push U.S. bond yields in any directionTickmill analyst Joseph Dahrieh stated in a report that U.S. CPI inflation data could move U.S. Treasury yields in either direction. A higher-than-expected CPI could boost yields and alleviate recent expectations of a Fed rate cut. Conversely, softening inflation data will lead to lower yields. He also noted that progress may be made on a ceasefire between Ukraine and Russia, which would help increase risk appetite. Current institutional surveys of analysts indicate that overall and core inflation rates in the U.S are expected to decline slightly in February.
- 10:56Bitget Wallet has added a new 1 million BGB pledge pool, providing a fixed financial return of 5% APYWeb3 wallet Bitget Wallet announces the addition of 1 million BGB on-chain staking pool, where users can enjoy a fixed return of 5% APY, with a lock-up period of 90 days and each person can stake up to 2000 BGB. Users can enter the financial management page through Bitget Wallet, choose BGB staking, input the amount and confirm to lock it up and view earnings in real time.This staking plan provides a more robust on-chain financial choice and enhances the application value of BGB in the decentralized ecosystem. BGB is accelerating its expansion into payment, trading, and coin-earning applications on chain while supporting multi-chain gas fee payments. Starting from 2025, Bitget platform will implement quarterly buyback destruction plans to further strengthen the value of BGB.
- 10:55Solana's 24-hour revenue surpasses EthereumAccording to DefiLlama data, Solana's 24-hour revenue is temporarily reported at $442,467, surpassing Ethereum ($419,374).