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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.
- 11:47Bitcoin treasury company Strive acquires Web3 media platform MSTR True NorthJinse Finance reported that Strive, a Nasdaq-listed Bitcoin treasury company, announced the acquisition of the Web3 media platform MSTR True North, including its Bitcoin podcast and distribution channels. The specific acquisition amount has not been disclosed. It is reported that after the transaction is completed, True North founder Jeff Walton will become Strive's Chief Risk Officer. Strive previously disclosed that it holds 69 BTC and has launched a $450 million share offering to further increase its Bitcoin holdings.
- 11:46ING: The US dollar may remain relatively weak this weekChainCatcher news, according to Golden Ten Data, ING stated in a research report that the US dollar is likely to remain relatively weak. The report pointed out that the US dollar started this week on a weak note, possibly due to market expectations of a Federal Reserve rate cut. ING noted that the dollar's weakness is influenced by a mild external environment, with global stock markets continuing to rise slightly, which usually prompts capital to flow into risk assets and reduces demand for the dollar. On Tuesday, the market's focus will be on US retail sales data.
- 11:16Mirror will gradually shut down over the next monthJinse Finance reported that Mirror and Paragraph have announced a merger and integration, and the Mirror platform will be gradually shut down over the next month. All articles and subscribers on Mirror will be automatically migrated to Paragraph without any manual action required from authors. This integration aims to create the best reading and writing platform on the internet. Paragraph has launched several new features, including "Post Coins," "Remix" functionality, and "Writer Coins," providing writers with more ways to receive support from readers. Readers visiting the Mirror blog will be automatically redirected to the author's new homepage on Paragraph, ensuring continued access to content.