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VIPBitget VIP Weekly Research InsightsThe unique value of Proof-of-Work (PoW) tokens lies in their mining mechanism and regulatory positioning. Research shows that mining costs are a defining feature of PoW tokens, involving significant investment in hardware and electricity. When market prices approach miners' breakeven points, miners tend to hold onto their coins in anticipation of future appreciation. This behavior reduces circulating supply, shifts the supply-demand balance, and may contribute to price increases. Regulatory clarity is also critical to the investment appeal of PoW tokens. Both BTC and LTC are classified as commodities by the U.S. SEC rather than securities, which simplifies the ETF approval process. In January 2024, the approval of the BTC spot ETF triggered significant institutional inflows. LTC is currently undergoing the ETF application process. While DOGE and KAS have not yet received formal classification, their PoW nature may position them for similar treatment. Together, these factors enhance market liquidity and attract more institutional investors.
VIPBitget VIP Weekly Research InsightsIn recent weeks, rising risk-averse sentiment and declining demand for leverage have led to a sharp drop in yields across Earn products. On major DeFi platforms, stablecoin yields have fallen below 4%, while on centralized exchanges, yields on stablecoin-based Earn products now hover around 2%. In contrast, Bitget HodlerYield offers users a 10% APR on stablecoins, with no 7-day cooldown for withdrawals or claims. Funds can be deposited and redeemed instantly, offering greater convenience and flexibility.
VIPBitget VIP Weekly Research InsightsThe RWA (Real-World Assets) sector has been gaining significant traction in the crypto space, as it tokenizes traditional assets like real estate and bonds to bridge the gap between TradFi and DeFi. This process unlocks trillions of dollars in potential value, while enabling broader access to high-value investments through asset fractionalization, increased liquidity, and lower entry barriers. RWA also diversifies and stabilizes DeFi collateral options, addressing the sector's over-reliance on crypto-native assets and paving the way for large-scale adoption. With regulatory frameworks becoming clearer worldwide, the compliance advantages of RWAs are increasingly evident—drawing in institutional capital. What sets RWA projects apart is their connection to real-world income streams like rent and interest payments, offering more sustainable returns than purely speculative assets. These cash-flow-generating features appeal to investors seeking steady returns. As such, RWA is seen as a crucial step in the evolution of blockchain technology from concept to practicality. Its development potential and practical use cases make it an important sector in the crypto industry today.
VIPBitget VIP Weekly Research InsightsRecently, the BNB chain has seen a significant rise in both funds and user activity, accompanied by increasing market attention to its ecosystem. Following the Binance Alpha update, the barrier between Binance's main platform and the chain has been effectively removed, enabling CEX funds to trade DEX tokens. This development is poised to further enhance user and fund activity within the BNB ecosystem, driving strong potential demand for Binance Alpha-listed assets. This bodes well for the growth of the BNB ecosystem and highlights the importance of its core assets.
- 01:17Ethereum Price Rebound Faces Test as Analysts Focus on Fundamentals Over Short-term SpeculationAccording to ChainCatcher, as reported by Decrypt, Ethereum (ETH) achieved a nearly 40% increase last week, with prices climbing from $1,800 to $2,500, primarily benefiting from the successful Pectra network upgrade and improvements in the global trade environment. However, market data indicates that this surge was mainly driven by crypto-native investors, with Ethereum spot ETFs experiencing a net outflow of $55 million last week, in stark contrast to Bitcoin ETFs, which saw a net inflow of $600 million. Volatility models show a 20% probability of ETH surpassing $4,000 by the end of the year, an increase from the previous week's 9% probability. Although the Pectra upgrade completed on May 7 improved network performance, analysts believe that without sustained institutional funding support and a clear regulatory framework, the upward trend may face adjustment pressure.
- 01:15Ethereum's Next Upgrade "Fusaka" May Reduce Costs for L2 and ValidatorsPANews reported on May 13, according to CoinDesk, that following the successful deployment of the Pectra upgrade on Ethereum last week, the network's core developers have turned their attention to the next major on-chain upgrade: Fusaka. Developers have already begun planning the next network upgrade, Fusaka, and have agreed to include an EIP called "PeerDAS," which could help the network support larger transaction data "blobs." PeerDAS, or Peer Data Availability Sampling, will allow validators to download portions of data from "blobs" rather than the entire "blobs" to verify whether the data has been published to the network. Theoretically, PeerDAS could reduce Layer 2 transaction costs and benefit institutions running validators on the Ethereum blockchain. Fusaka is scheduled to go live by the end of 2025 and will eventually include a series of additional upgrades beyond PeerDAS.
- 01:13Scam Sniffer: A User Loses $3.13 Million in WBTC Due to Signing a Phishing SignatureOdaily Planet Daily News According to Scam Sniffer monitoring, a user has just lost 3.13 million USD in WBTC due to signing a phishing signature.