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Bitget VIP Weekly Research Insights (26 July)
VIPBitget VIP Weekly Research Insights (26 July)

Over the past three weeks, SOL's price has rebounded strongly from a low of $120 to a high of $185 on July 21. This represents a robust recovery of over 50%, surpassing the rebound seen in BTC, ETH, and most other high-cap altcoins, making it a strength eco-project worth focusing on.

Bitget·2024/07/26 09:25
Flash
19:24
The volume of U.S. crude oil transported through the Panama Canal is approaching its highest level in nearly four years.
Golden Ten Data reported on April 18 that, due to disruptions in shipping through the Strait of Hormuz for several weeks and resulting supply shortages from the Middle East, Asian refiners are increasingly turning to imports of US crude oil, with US crude shipments transported via the Panama Canal approaching a four-year high. According to data compiled by shipping intelligence firm Kpler for the first half of April, US crude oil exports transported through this shortest route connecting the US Gulf Coast to Asia have exceeded 200,000 barrels per day, approaching the highest level since July 2022. Sources revealed that waiting times to enter the Panama Canal have increased significantly, prompting oil shippers to pay more than $3 million for priority passage. Although the Panama Canal cannot accommodate the largest oil tankers, it provides a shortcut to the Far East. Shipping from the US Gulf Coast to Japan via the canal typically takes about a month, whereas detouring around Africa’s Cape of Good Hope can take nearly twice as long. Data shows that the vast majority of tankers bound for the Pacific in March and April were carrying US crude oil destined for Japan and South Korea.
19:18
Federal Reserve Governor Waller: Private credit is less likely to face bank-like runs, so the risks are lower
At present, no systemic risks have been observed from private credit.
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