News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
VIPBitget VIP Weekly Research InsightsOver the past year, the performance of ETH and its ecosystem has been underwhelming, with the ETH/BTC ratio down by 30% year-to-date. However, it's important to note that BTC has faced a monthly-level correction after hitting resistance at $100,000, while Solana's DEX volumes have seen a significant decline. These shifts suggest that capital is starting to flow back into the ETH ecosystem, with whales quietly accumulating assets over the past year. Several promising projects within the ETH ecosystem and on EVM chains are worth highlighting.
VIPBitget VIP Weekly Research InsightsAs the regulatory landscape for DeFi and cryptocurrencies in the United States becomes clearer, top-performing DeFi projects with strong profitability are poised to give their tokens genuine value. This could involve using a portion of their profits for token buybacks or directly distributing profits to token holders. If these proposals are implemented, the valuations of these DeFi projects could experience significant upward adjustments. Early market interest has already emerged, making these projects worth investors' attention.
VIPBitget VIP Weekly Research InsightsLast week, Vitalik Buterin and CZ hosted the DeSci (Decentralized Science) conference at Devcon, where Vitalik unveiled the first DeSci product. CZ also expressed ambitions to see 1000 DeSci products next year, sparking widespread attention to the DeSci concept across the industry. Key speculative projects, RIF and URO, each surpassed a market cap of $100 million. As the sector continues to grow, DeSci remains an area worth close attention.
- 08:01A major whale sold 2,270 ETH two hours ago, earning a profit of $4.46 millionAccording to Jinse Finance, on-chain data analyst Yujin has monitored that a whale sold 2,270 ETH on-chain for $8.52 million USDT at a price of $3,754 per ETH two hours ago. The whale held the ETH for four months, achieving a 1.1x return. Four months ago, the whale purchased and held 3,272 ETH through an exchange at a price of $1,787 per ETH. Today, by selling 2,270 ETH at $3,754 per ETH, the whale realized a profit of $4.46 million from this portion of the sale.
- 07:51Letsbonk's Market Share on Solana Token Launch Platforms Reaches 82.1% in the Past 24 HoursAccording to Jinse Finance, data from the Jupiter dashboard shows that in the past 24 hours, Letsbonk ranked first in market share among Solana token launch platforms with 82.1%, followed by Pump.Fun in second place with 13.3%, and Jup Studio in third with only 3.14% market share.
- 07:17Bitget Onchain Launches URANUS and PHY TokensAccording to ChainCatcher, Bitget Onchain has listed the MEME tokens URANUS and PHY from the Solana and BNB Smart Chain ecosystems. Users can start trading these tokens directly in the Onchain trading section.