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VIPBitget VIP Weekly Research InsightsLiquid staking emerged after Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. Its primary goal is to enhance asset utility by allowing users to earn staking rewards while maintaining the liquidity of their staked positions. Currently, mainstream liquid staking protocols allow users to stake their assets in exchange for liquid staking tokens (LSTs). For instance, by staking ETH on platforms such as Lido, users receive stETH tokens. This approach is commonly referred to as "liquid staking derivatives" (LSDs). Since Binance hinted at collaborating with Sanctum to launch the Solana liquid staking token BNSOL, Sanctum's governance token CLOUD has gained significant attention, rising despite unfavorable market trends. On September 5, Bybit announced its partnership with Solayer to launch bbSOL. Additionally, major exchanges have unveiled plans to introduce Solana LST tokens. EigenLayer also began its second season of airdrop claims this week, with its governance token EIGEN potentially circulating by the end of September. The LSD and restaking sectors are gaining quiet momentum, potentially setting the stage for a new wave of hype around restaking within the SOL ecosystem.
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VIPBitget VIP Weekly Research InsightsUS initial claims for unemployment insurance and the unemployment rate are being released this week, key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.
- 21:37Goldman Sachs Delays Fed Rate Cut Expectation to Year-End, Lowers US Recession ProbabilityAccording to a report by Jinse Finance, Goldman Sachs has adjusted its expected timing for the next Federal Reserve rate cut to December (previously expected in July). Analysts at the firm stated: "Given the developments and the significantly eased financial conditions over the past month, we have raised our forecast for the annual growth rate of the U.S. economy in the fourth quarter of 2025 by 0.5 percentage points to 1%, and reduced the probability of a recession in the next 12 months to 35%. Meanwhile, we have lowered our expectations for the core Personal Consumption Expenditures (PCE) inflation path, anticipating a peak of 3.6% (previously expected at 3.8%)."
- 21:06Optimism in the Cryptocurrency Market Heats UpTrade tensions between the United States and China have eased, leading to a recovery in the Bitcoin market. The mining company American Bitcoin, supported by the Trump family, plans to go public through a merger, and analysts expect the cryptocurrency market to enter a positive "venture capital" environment. Other companies like Metaplanet and Strategy continue to increase their investments in BTC, indicating that enterprises are actively participating in the digital currency accumulation frenzy. Additionally, the global stablecoin network Global Dollar Network has recently expanded its list of partners to promote its USD-pegged stablecoin USDG. Bitcoin remains the primary asset class for capital inflow, while Sui-related products have performed outstandingly.
- 21:05Crypto Market Recovery: Major Coins like XRP, BTC Break Through 200-Day Moving AverageOn May 13, according to CoinDesk, as the overall cryptocurrency market rebounds, the prices of major tokens such as XRP, BTC, BNB, ADA, and TRX have all surpassed the critical 200-day moving average. This breakthrough in the technical indicator suggests that market breadth is improving and investor sentiment is turning optimistic. Analysts point out that this widespread rally may signal the beginning of a new bull market cycle, especially as tokens like XRP and TRX show strong breakout momentum after a prolonged consolidation. Market trading volume is simultaneously expanding, indicating that funds are flowing back into the crypto asset sector.