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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
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.
As the Voyage ends, a new opportunity arises to ride the waves and collect rewards every ten weeks.
The AVAIL token powering the Avail ecosystem and the unification of web3 is now live on mainnet with the launch of Avail DA.
- 20:07Data: $188 million in liquidations across the network in the past 24 hours, with $57.05 million in long positions and $131 million in short positions liquidatedAccording to ChainCatcher, citing data from Coinglass, the total liquidations across the network in the past 24 hours reached $188 million, with long positions accounting for $57.0539 million and short positions for $131 million. Specifically, Bitcoin long positions saw $1.449 million in liquidations, while Bitcoin short positions reached $30.1089 million. For Ethereum, long positions were liquidated for $13.8305 million, and short positions for $43.4275 million. In addition, over the past 24 hours, a total of 81,775 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $2.6763 million.
- 19:47Total Cryptocurrency Market Capitalization Surpasses $4 TrillionAccording to Jinse Finance, data shows that the total cryptocurrency market capitalization has now surpassed $4 trillion, currently standing at $4.004 trillion, with a 24-hour decline of 2.8% and a 24-hour trading volume of $121.8122 billion. At present, BTC holds a market share of 59.1%, while ETH accounts for 11.6%.
- 18:48$128 Million in Liquidations Across the Market in the Past 12 Hours, Primarily Short PositionsAccording to Jinse Finance, data shows that in the past 12 hours, total liquidations across the network reached $128 million, with long positions accounting for $38.18 million and short positions for $89.84 million, mainly driven by short liquidations. ETH liquidations amounted to $37.76 million, while BTC liquidations totaled $29.25 million.