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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.
- 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.