News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
VIPBitget VIP Weekly Research InsightsAI, blockchain technology, and bioscience are regarded as three transformative technologies of the 21st century. Projects that integrate AI and blockchain are gaining momentum, attracting substantial interest from institutional investors in the primary market and participants in the secondary market. In a bullish market environment, numerous quality projects are expected to emerge. Google recently unveiled its quantum computing chip Willow, while OpenAI officially launched the video generation tool Sora, bringing AI projects back into the spotlight.
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.
VIPBitget VIP Weekly Research InsightsAptos and Sui, two new public blockchain projects developed with the Move programming language, have recently garnered significant attention in the secondary market. Sui led the way with a steady price increase since early August, up sixfold in three months. Aptos has since followed, driven by ongoing support from the Aptos Foundation. Both Move-based projects have presented notable trading opportunities over the past quarter.
VIPBitget VIP Weekly Research InsightsThe Solana ecosystem has shown remarkable performance this year. The 24-hour trading volume on Solana's DEXs frequently surpasses that of Ethereum, and the SOL/ETH exchange rate has steadily risen. Coinbase's recent Q3 earnings report revealed that SOL now accounts for 11% of its trading revenue, highlighting users' strong interest in trading SOL. During this market cycle, it can be advantageous to hold SOL positions. Additionally, holding SOL-based LSTs allows you to earn annualized returns that are denominated in SOL. Bitget has partnered with Solayer, Orca, Save, and Kamino to launch BGSOL, and will work to expand BGSOL's applications. With the support from Bitget, BGSOL currently offers the highest APR among SOL-based LSTs.
VIPBitget VIP Weekly Research InsightsThe AI agent concept has recently gained significant traction in the crypto space, particularly AI agent memecoins. Moving beyond theoretical ideas, AI agents are now being applied across various fields, including autonomous execution of transactions on the blockchain, complex analytics, and even automating everyday tasks. Overall, the AI agent trend in crypto demonstrates considerable growth potential and technological innovation. However, investors and tech enthusiasts are advised to balance enthusiasm with rational assessment, focusing on genuine progress and practical applications of these projects. This articles recommends two projects, VIRTUAL and OLAS, both showcasing substantial advancements and real-world use cases with strong market support.
VIPBitget VIP Weekly Research InsightsMemecoins have been gaining traction in the current market cycle, consistently drawing attention and capital. Established projects are now backing Pump.fun, a token launch platform, leveraging their brand and community resources to issue memecoins, engaging new users, and unlocking fresh capital for business growth. Fueled by the memecoin buzz, ApeChain's APE token surged by over 100% in a single day, reaching a three-month high. Additionally, Yuga Labs' NFT collections have seen a long-awaited recovery. Recently, major platforms and wallets have also begun actively supporting ApeChain. As a leading team from the NFT era, ApeChain shows strong development potential.
VIPBitget VIP Weekly Research InsightsRecently, as market liquidity recovers, the crypto market—led by key assets like BTC and ETH—has started to rebound. Leading DeFi assets have continued to update their products amid six months of market volatility, maintaining their market dominance and leading positions. With the upcoming U.S. presidential election, both candidates are likely to propose favorable policies regarding DeFi and Web3 applications, potentially bolstering the sector. As a result, leading DeFi assets are expected to benefit from an early boost in liquidity recovery and may outperform the broader market in the coming months.
- 04:17The Pendle team associated address withdrew the 562,498 PENDLE that was deposited into CEX yesterdayAccording to Onchain Lens monitoring, the Pendle team's associated address has withdrawn the 562,498 PENDLE (worth about 3.45 million USD) that was deposited into CEX yesterday. Last night, a wallet address associated with the Pendle team sent 562,500 PENDLE to CEX, worth 3.47 million USD.
- 04:16Arthur Hayes: It is expected that the market will plummet around January 20th, Maelstrom will reduce positions in advanceOn December 18th, Arthur Hayes stated in his latest article that before entering the crash phase of the bull market, the cryptocurrency market will experience a painful plunge around Donald Trump's inauguration on January 20, 2025. Maelstrom (Arthur Hayes' fund) will reduce some positions in advance and hopes to buy them back at a lower price sometime in the first half of 2025. Arthur Hayes added: "If the market forcefully breaks through around January 20, we will also admit our prediction was wrong and get back on board after licking our wounds."
- 04:14Data: Galaxy Digital has withdrawn 200 Bitcoins from CEXAccording to The Data Nerd's monitoring, 6 hours ago, Galaxy Digital withdrew 200 Bitcoins (worth about 21.31 million US dollars) from CEX and transferred them into Marathon Digital's cold wallet.
