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Bitget VIP Weekly Research Insights
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In the wake of the market narrative surrounding the "Solana Killer," SUI, which recently launched the Grayscale Sui Trust and Binance futures, has doubled in value within a month. The leading projects in the Sui ecosystem have also benefited from the generous subsidies and strong support provided by the Sui Foundation. This surge has brought numerous opportunities within the Sui ecosystem.

Bitget·2024/10/11 06:28
What Is MemeFi?
What Is MemeFi?

MemeFi is a meme-based gaming app that introduces tokenized divisible character ownership enhanced with ERC-404 functionality.

Coingecko·2024/10/01 09:29
Flash
  • 12:41
    The Trump administration retains some staff from the United States Agency for International Development
    A notice shows that the Trump administration retained 611 key personnel from the United States Agency for International Development.
  • 12:39
    Bank of America: The global dominance of US stocks is weakening, it's suggested to buy more Chinese stocks
    Strategists at Bank of America, including Michael Hartnett, predict that the leading advantage of the U.S. stock market will continue to fade after it stops its continuous rise in early 2025. They point out that so far this year, the returns from stock markets in Brazil, Germany, UK, China and Canada have all exceeded the S&P 500 index. This is because the so-called seven major tech companies have failed to provide their long-standing driving force. They suggest going long on Chinese stocks as they anticipate trade and tech wars will not escalate. In terms of bonds, Bank of America expects US Treasury yields to drop below 4% as President Trump hopes to resolve government spending issues and prevent debt from spiraling upwards while also hoping for Congress's approval on his tax cut plan.
  • 12:12
    Bitget CEO: The Czech Republic may establish Bitcoin foreign exchange reserves, becoming the third largest Bitcoin holding country in the world
    In response to the event where "the Governor of the Czech Central Bank proposed for the first time to include Bitcoin in foreign exchange reserves and the President of Czech signed a new law stating that holding Bitcoin for more than three years can be exempted from capital gains tax", Bitget CEO Gracy Chen posted on X platform: If the proposal is passed, the Czech Central Bank may invest 5% of its €140 billion reserve in Bitcoin (€7 billion, approximately 75,000 BTC), potentially making it the third largest holder of Bitcoin globally, only behind USA and China but ahead of UK and Ukraine. The exemption from taxes for holdings over three years will encourage businesses and individuals to hold BTC long-term. Although opposed by European Central Bank (ECB), Czech has an independent monetary policy not restricted by ECB; if this policy proves effective other European countries might follow suit. Furthermore, she stated that Czech has highest density of Bitcoin ATMs across Europe with Eastern Europe's most active crypto community along with a friendly regulatory environment which makes it a hub for crypto innovation in Europe.
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