News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
VIPBitget VIP Weekly Research InsightsLiquid staking emerged after Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. Its primary goal is to enhance asset utility by allowing users to earn staking rewards while maintaining the liquidity of their staked positions. Currently, mainstream liquid staking protocols allow users to stake their assets in exchange for liquid staking tokens (LSTs). For instance, by staking ETH on platforms such as Lido, users receive stETH tokens. This approach is commonly referred to as "liquid staking derivatives" (LSDs). Since Binance hinted at collaborating with Sanctum to launch the Solana liquid staking token BNSOL, Sanctum's governance token CLOUD has gained significant attention, rising despite unfavorable market trends. On September 5, Bybit announced its partnership with Solayer to launch bbSOL. Additionally, major exchanges have unveiled plans to introduce Solana LST tokens. EigenLayer also began its second season of airdrop claims this week, with its governance token EIGEN potentially circulating by the end of September. The LSD and restaking sectors are gaining quiet momentum, potentially setting the stage for a new wave of hype around restaking within the SOL ecosystem.
GAMEE brings blue-chip NFT communities on board to join our flagship TON-based project
VIPBitget VIP Weekly Research InsightsUS initial claims for unemployment insurance and the unemployment rate are being released this week, key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.
- 17:22In the past 24 hours, ETH liquidations reached $180 million, surpassing BTCAccording to Coinglass data, ETH liquidations amounted to $180 million in the past 24 hours, surpassing BTC's $74.25 million. Long positions were liquidated for approximately $99.87 million, while short positions were liquidated for about $79.95 million.
- 17:21US Treasury Secretary: Substantial Progress Made in Trade Talks with ChinaU.S. Treasury Secretary Besent stated that substantial progress has been made in trade negotiations with China, and detailed information will be provided on Monday. U.S. Trade Representative Jamieson Greer indicated that the differences between the two sides are not as significant as previously thought.
- 17:18SOL Surpasses $170Market data shows that SOL has surpassed $170, currently reported at $170.03, with a 24-hour decline of 0.62%. The market is highly volatile, so please ensure proper risk management.