News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
VIPBitget VIP Weekly Research InsightsThe cryptocurrency market has recently seen increased volatility, driven by macroeconomic policies, global trade tensions, and expectations the Federal Reserve's monetary policy. Although some indicators came in weak, investor sentiment improved as market expectations for a September rate cut rose sharply. Meanwhile, the slowdown in tariff adjustments has helped ease major trade frictions in the short term, with no signs of systemic risk emerging for the time being. On the crypto side, BTC turnover has fallen as many short-term traders exit the market, leading to more stable price movements. The altcoin sector continues to underperform due to a lack of sustained narratives. Despite the surge in memecoins, high-quality projects remain scarce. Large volumes of capital are cycling in and out quickly, making it difficult to invest effectively. With short-term uncertainty still high, many investors are allocating part of their portfolios to stablecoin-based Earn products. Alongside leading DeFi protocols such as Aave and Compound, platforms like Bitget offer diversified, high-yield stablecoin opportunities, providing investors with more avenues to preserve and grow their assets.
Ethena’s USDe records $5.7B in cross-chain volume, ranking third among synthetic dollars by market cap.Climbing the Synthetic Dollar RankingsImplications for DeFi and the Stablecoin Market
- 22:07There is a 92.1% probability that the Federal Reserve will cut interest rates in SeptemberAccording to Jinse Finance, citing CME "FedWatch": there is a 7.9% probability that the Federal Reserve will keep rates unchanged in September, and a 92.1% probability of a 25 basis point rate cut. For October, there is a 3.2% probability that rates will remain unchanged, a 41.7% probability of a cumulative 25 basis point rate cut, and a 55.2% probability of a cumulative 50 basis point rate cut.
- 21:47Nakamoto and KindlyMD Merge to Launch Bitcoin Treasury StrategyAccording to Jinse Finance, Bitcoin holding company Nakamoto has officially completed its merger with Utah-based KindlyMD and will launch a Bitcoin treasury strategy under the KindlyMD name. David Bailey, co-founder of BTC Inc., will serve as the new company's CEO. The company plans to accumulate Bitcoin through equity, debt, and other financing methods. KindlyMD has already raised $540 million through a private equity offering and is expected to complete a $200 million convertible bond issuance tomorrow.
- 21:34Offshore yuan falls 4 points against the US dollar from Wednesday’s New York closeAccording to Jinse Finance, the offshore yuan (CNH) is trading at 7.1821 against the US dollar, down 4 points from Wednesday's New York close, with intraday trading ranging between 7.1681 and 7.1829.