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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
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
The 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.)
As 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.
On 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.
- 16:34Encryption Mining Enterprise BIT Mining: Has Re-met the Listing Requirements of the New York Stock ExchangeAccording to Yahoo Finance, crypto mining company BIT Mining (BTCM) announced that through the acquisition of cryptocurrency mine data centers and the issuance of American Depositary Shares (ADS), the company's shareholder equity has exceeded 50 million US dollars, thereby meeting again the listing requirements of the New York Stock Exchange (NYSE).
- 16:33A South Korean congressman was sentenced to six months in prison for concealing 7.5 million dollars in cryptocurrency assetsAccording to Cryptonews, former South Korean Democratic Party congressman Kim Nam-guk is facing legal consequences for concealing a large amount of cryptocurrency assets, reflecting South Korea's strict attitude towards cryptocurrency regulation. According to local news reports, prosecutors have proposed to the court that Kim Nam-guk be sentenced to six months in prison on charges of deliberately falsifying asset declarations submitted to Congress and hiding $7.5 million worth of cryptocurrency assets.
- 16:31Affected by the cooperation news, ENA briefly rose about 8%The market shows that due to the news of cooperation with the Trump family's DeFi project, World Liberty Financial, ENA has briefly risen about 8%, and is now priced at $1.09.