News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Since 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
The 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.)
As 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.
On 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.
- 05:29Brave releases BAT 3.0 roadmap, entering a new era on the chainBrave is a privacy-focused internet browser designed to change the digital advertising relationship with customers. BAT is the platform's native token used as a payment mechanism between advertisers, publishers, and users. On November 28th, the Brave team officially released the 2025 BAT Roadmap 3.0, detailing future improvement plans, including: Reward system upgrade: enhancing the reward experience for users and creators. Multi-chain support: launching multi-chain self-hosting function to expand ecological coverage. Creator tool improvement: providing more resources to support content creators and help community building. This update marks an important step in Brave's on-chain development strategy, providing users with a richer Web3 experience!
- 05:11Wintermute withdrew a value of 5.33 million USD from CEX WIFAccording to ai_9684xtpa monitoring, in the past 13 hours, Wintermute has withdrawn a total of $5.33 million worth of WIF from CEX, and its coin price has also rebounded by 3% in the last 24 hours. The whale that took advantage of the WIF's pullback of 12.5% three days ago to build a position with $2.05 million is now making a floating profit of $40,000.
- 05:09Before Thanksgiving, US stocks collectively fell, and the October PCE data met expectations, boosting the probability of a rate cutThe report released on Wednesday showed that although the Federal Reserve's favorite inflation indicator met expectations, data for October rebounded from September. This data supports the Fed's more cautious stance on interest rate cuts, but market expectations for a December rate cut were not suppressed. According to monitoring, the three major US stock indices collectively closed lower on Wednesday, ending their recent upward trend. The Dow fell 0.31%, and the S&P 500 index fell 0.38%, ending seven consecutive days of gains; most large-cap tech stocks declined. US stocks will be closed for one day on Thursday and will close three hours early on Friday. Traders seem to have taken profits from this year's well-performing large-cap tech stocks, leading to a 0.60% drop in Nasdaq among the three major indices. Earlier this week, Bitcoin experienced a decline due to some investors taking profits when prices approached historical milestones. On Wednesday, the cryptocurrency market collectively welcomed a strong rebound with Bitcoin rising nearly 4.4% within nearly 24 hours and Ethereum surging over 10%. This boosted crypto concept stocks across the board with MicroStrategy up by 9.94% and Coinbase up by 6.03%. In terms of foreign exchange commodities, as Thanksgiving Eve was quiet in markets which led to weak dollar trends falling about approximately .9% touching two-week lows while non-US currencies generally rose; news of Sunday’s OPEC+ meeting possibly delaying production increase plans supported oil prices with WTI crude closing slightly lower on Wednesday while Brent roughly remained flat; gold prices rose on Wednesday but after data showed stagnation in inflation progress suppressing interest rate cut expectations later narrowed its gains.