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The spot Ethereum ETFs have seen two consecutive days of net inflows.
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.
- 22:32Fed's Goolsbee: labour market has stabilised, may need to slow pace of rate cutsChicago Fed President Goolsbee reiterated on Thursday that he supports further rate cuts and is open to a slower pace of action, a statement that highlights the focus of the debate among Fed policymakers that the question is not whether to cut interest rates, but rather the speed and magnitude of the rate cuts. Fed policymakers will meet on 17-18 December, where they will decide whether to cut policy rates again, or wait until next year. Financial markets believe that the process of making a decision will be difficult, and the interest rate futures market believes that the probability of a 25 basis point cut in interest rates is about 55 per cent, and the probability of no cut in interest rates is 45 per cent.
- 22:32IMF First Vice President: about 40 per cent of global jobs will be at risk from AI, 20 per cent of which could benefitIMF First Vice President Gopinath: Around 40 per cent of global employment will be at risk from artificial intelligence, of which 20 per cent may benefit and another 20 per cent may be displaced. In advanced economies, the risk of exposure to AI could be as high as 60 per cent, while the risk is lower in emerging markets and developing countries.
- 22:31Bitcoin market dominance rises to 57 per centBitcoin's market share has reached a year-to-date high of 57 per cent, reflecting its growing share of total cryptocurrency market capitalisation, according to data. Bitcoin's dominance fell to 39 per cent at one point in the last cycle, echoing the DeFi boom and subsequent rally in torrents, analysts at The Block said. The current 57% dominance, coupled with Bitcoin's price strength, could signal that the market is at the beginning of this cycle and that BTC is entering a price discovery phase.
