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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.
- 05:04The number of PENGU token holders has exceeded 500,000According to data shared by Luca Netz, CEO of the NFT project "Pudgy Penguins", the number of PENGU token holders has exceeded 500,000.
- 04:20Overview of Important Developments on December 22nd at Noon7:00-12:00 Keywords: GraniteShares, Coinbase, Gary Gensler, USDC 1. Today's Fear and Greed Index is 73, still at the Greed level; 2. USDC circulation increased by approximately $900 million over the past week, reaching a total circulation of $42.3 billion; 3. Former SEC official: Gary Gensler is attempting to manipulate the SEC's enforcement division after leaving office; 4. GraniteShares submits leveraged ETF application for crypto-related companies like MicroStrategy; 5. El Salvador has purchased 25 BTC since receiving the IMF loan; 6. Author of "Rich Dad Poor Dad": It's never too late to start buying Bitcoin, no matter how high the price goes.
- 04:19The circulation of USDC increased by about 900 million dollars in the past week, reaching a total circulation of 42.3 billion dollarsCircle has issued approximately 3.8 billion USDC in the past 7 days, redeemed about 2.9 billion USDC, increasing the circulation by about 900 million USDC. The total circulation of USDC is 423 billion dollars, with reserves amounting to 425 billion dollars, of which cash is approximately 4.9 billion dollars and Circle Reserve Fund holds about 376 billion dollars.
