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VIPBitget VIP Weekly Research InsightsThe Base chain has recently seen several major strategic developments: Coinbase has integrated DEX routing for Base on its main app, bridging the gap between CeFi and DeFi liquidity; Shopify has partnered with Base to expand real-world applications and user access points. At the same time, Circle and Coinbase stocks have surged by over 700% and 50% respectively, creating a wealth effect that may spill over into the Base ecosystem—boosting both its TVL and token prices. Recommended projects include: 1) AERO (Aerodrome)—The leading DEX on Base, showing strength despite market downturns; well-positioned to benefit from Coinbase integration. 2) BRETT—A flagship memecoin on Base with over 840,000 holders; likely to lead the next Base memecoin rally. 3) New tokens on Bitget Onchain—Offer early access to emerging Base memecoins while helping users avoid high-risk tokens.
- 16:21Spot gold falls below $3,330 per ounce, down 0.77% on the dayAccording to Jinse Finance, spot gold has fallen below $3,330 per ounce for the first time since August 1, down 0.77% on the day.
- 16:19US mortgage rates fall to their lowest level since October last yearAccording to a report by Jinse Finance, U.S. mortgage rates have declined for the fourth consecutive week, reaching their lowest point since October of last year. Freddie Mac stated in a release that the average rate for a 30-year fixed mortgage is now 6.58%, down from 6.63% last week. A rate cut by the Federal Reserve does not guarantee a significant reduction in borrowing costs for homebuyers. These indicators often follow the movement of the 10-year U.S. Treasury yield, which is influenced by traders’ reactions to various economic reports. Zillow Home Loans senior economist Karla Wu noted, “Any further signs of tariffs filtering into prices could limit the Fed’s flexibility. The recent drop in mortgage rates may attract some buyers, but many remain on the sidelines as affordability continues to be a serious barrier. This year, the number of sellers returning to the market has outpaced buyers, but the reality they face is that homes for sale are slow to come to market, and the number of qualified buyers is also decreasing.”
- 16:07Fed's Musalem: It Is Too Early to Decide on September Rate DecisionAccording to ChainCatcher, citing Jinshi Data, Federal Reserve official Musalem stated that it is still too early to decide whether to cut interest rates at next month's meeting. When asked if there was any reason to cut rates by 50 basis points next month, Musalem said that from his perspective, this would "not be supported by the current economic conditions and outlook." Musalem noted that on one hand, "the data is starting to give us some indications as to whether there is a possibility of persistent inflation." At the same time, he mentioned "downside risks in the labor market." Musalem stated that the slowdown in U.S. economic growth, combined with the pressure tariffs are putting on corporate profit margins, could threaten the labor market, which has performed well so far. He said, "I am weighing these two factors, and when we see tension between our two objectives, we need to adopt a balanced approach."