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TLDR: Additional airdrops and rewards worth $500,000 are on the horizon New partnerships and expanded opportunities for the CARV community Both seasoned members and newcomers can continue to enjoy these benefits throughout Q3 and 4
The uncertainty surrounding macroeconomic conditions and market reactions makes it challenging to predict short-term and mid-term market trends, with both black-swan and white-swan events possible at any time. Therefore, a rational approach would be to maintain a balanced position and reserve funds for potential dip-buying opportunities. In our last issue, we recommended several passive income products on Bitget. Now, we will introduce additional products based on USDT/USDC, BTC, and SOL, available both on Bitget and their respective blockchains. (While ETH-related LST and restaking projects have shown the highest potential returns lately, they are not included in our recommendations this time due to the high uncertainty of LST projects and their lack of flexibility in unstaking.)
As global market risks intensified this week, crypto assets across sectors experienced significant corrections and poor performance. Passive income products from centralized exchanges can offer low-risk returns despite market volatility by utilizing diversified portfolios to mitigate downside risks. This week, we recommend Bitget Earn's passive income products for our key clients.
On July 27 (local time), the current Republican presidential candidate Donald Trump attended the Bitcoin Conference. Essentially, the purpose of his appearance was to rally the mining community in the United States. The conference announced positive news for the mining industry, with a 12% increase in KAS over the past seven days and a noticeable net inflow of funds and traffic, indicating a certain wealth effect.
As the Voyage ends, a new opportunity arises to ride the waves and collect rewards every ten weeks.
The AVAIL token powering the Avail ecosystem and the unification of web3 is now live on mainnet with the launch of Avail DA.
- 04:22Last week, the net outflow of Ethereum spot ETF was 71.6 million US dollars, and the net outflow of Grayscale ETHE was 95.57 million US dollarsAccording to SoSoValue data, during the trading week last week (Eastern Time November 18th to November 22nd), Ethereum spot ETF had a net outflow of $71.6 million for the single week. Among them, Grayscale's Ethereum Trust ETF ETHE had a weekly net outflow of $95.56 million, and currently ETHE has a historical net outflow of $3.34 billion. The Ethereum spot ETF with the highest single-week net inflow last week was Blackrock's Ethereum ETF ETHA, with a weekly net inflow of $78.34 million, and currently ETHA has reached a total historical net inflow of $1.8 billion. Next is Bitwise's Ethereum ETF ETHW, with a weekly net inflow of $7.85 million, and currently ETHW has reached a total historical net inflow of $381 million. As of press time, the total asset value of Ethereum spot ETFs is $9.687 billion USD; The ratio between the Net Asset Value (NAV) in relation to Etherum’s market cap is at 2.44%, while its cumulative historic influx stands at approximately 107 Million USD.
- 04:18A certain whale withdrew $852,000 worth of PEPE from CEX 5 hours agoAccording to The Data Nerd, 5 hours ago, the whale 0x160 withdrew 42.2 billion PEPE from CEX (equivalent to about $852,000). Within two weeks, he has accumulated a total of 253.89 billion PEPE (equivalent to about $3.85 million), with an average entry price of approximately $0.000015. Currently, he has unrealized profits of about $1.21 million.
- 03:53ALTERED STATE: Altered State Generative AI Tool Coming SoonOn November 22, ASTO officially announced on the X platform that Altered State will be officially released soon. Altered State is a generative AI tool that can create 3D models of anything the user can imagine. Altered State will use the ASM NFI protocol to improve the intelligence of the generated content.