News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
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 behaviour 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, increasing risk-averse sentiment and a decrease in demand for leverage have resulted in a significant decline in yields across Earn products. On major DeFi platforms, stablecoin yields have dropped below 4%, while on centralised exchanges, yields on stablecoin-based Earn products are now around 2%. In contrast, Bitget HodlerYield provides users with a 10% APR on stablecoins, without a 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 tokenises 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 fractionalisation, increased liquidity, and lower entry barriers. RWA also diversifies and stabilises 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.
- 18:46U.S. crypto mining stocks remain highly active, with Bitfarms up over 14%, and MARA, WULF, and CLSK all rising more than 10%.Jinse Finance reported that US-listed crypto mining companies remained highly active, with Bitfarms rising over 14%, MARA, WULF, and CLSK up more than 10%, IREN up over 9%, and APLD and CIFR following with a 4% increase.
- 18:38CME announces that SOL and XRP futures options are now available for tradingJinse Finance reported that derivatives market CME has announced that its Solana (SOL) and XRP futures options are now available for trading. Clients can now trade SOL, Micro SOL, XRP, and Micro XRP futures options, with choices of daily, monthly, and quarterly expirations. The first XRP futures options trade took place on Sunday, October 12, executed by Wintermute and Superstate. The first SOL futures options trade took place on Monday, October 13, executed by Cumberland DRW and Galaxy.
- 18:31Powell: Despite the lack of recent data, the U.S. economy appears to remain stableJinse Finance reported that Federal Reserve Chairman Jerome Powell stated that despite the lack of recent data due to the ongoing government shutdown, the U.S. economy still appears to be in a stable condition. Powell said in a speech to economists on Tuesday: "Based on the data we have, it is fair to say that since our September meeting four weeks ago, there has not been much change in the outlook for employment and inflation." However, when answering questions about the government shutdown, he added: "If this situation persists for some time, we will start to miss this data, especially the data for October." On economic issues, Powell reiterated a theme from his recent remarks, saying, "There is no risk-free policy path amid the tension between employment and inflation targets." Powell also stated that the Federal Reserve may reach a point in the coming months where it could end its efforts to shrink the balance sheet.