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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.
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.
VIPBitget VIP Weekly Research Insights (7.26)In 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, becoming a strength eco-project worth focusing on.
VIPRecommended high-quality projects for major clients (July 10) — Ethereum ecosystem assets
VIPRecommended high-quality projects for major clients (June 25) — Bitget Earn projects 
VIPRecommended high-quality projects for major clients (June 12) — On-chain Earn projects
VIPRecommended high-quality projects for major clients — June 5
VIPRecommended high-quality projects for major clients — May 30- 08:55The Oklahoma State Senate Committee votes to reject the Bitcoin reserve proposalThe Oklahoma State Senate Tax Committee narrowly rejected House Bill 1203 (also known as the "Strategic Bitcoin Reserve Act") by a margin of 6 to 5. HB1203, proposed by Representative Cody Menard in January this year, would allow the Oklahoma State Treasurer to invest in Bitcoin and other qualifying digital assets. Qualifying digital assets are defined as any asset with a market value exceeding $500 billion over the past year. Currently, only Bitcoin meets this threshold. An earlier committee overwhelmingly passed the bill in February with a vote of 12 to 2, setting the stage for Monday's significant showdown.
- 08:47Bitget will launch the Launchpool project GOMBLE (GM), lock BGB to earn 15 million GMBitget is about to launch the Launchpool project GOMBLE (GM), with a total prize pool of 15,454,000 GM. The lock-up opening time is from April 16th at 18:30 to April 21st at 18:30 (UTC+8). The details of this round of Launchpool are as follows:Maximum pledge for ordinary users: 5000 BGBMaximum pledge for VIP users: 30,000 BGBTotal prize pool: 15,454,000 GM GM/USDT trading opening time: April 16th at 18:30 (UTC+8).
- 08:44MANTRA Joint Creation: Currently destroying its own team token shares, will create a comprehensive destruction programMANTRA United Creation's JP Mullin has released a statement, announcing that they are in the process of destroying their team tokens and will establish a comprehensive destruction program for other parts supplied by OM. JP Mullin added that he cannot make any statements about what impact this will have on the value of OM, but is doing so to demonstrate consistent and long-term support for OM and MANTRA, as well as to build trust in the market. Members of the MANTRA team have also privately expressed their support to JP Mullin.