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VIPBitget VIP Weekly Research InsightsOver the past year, the performance of ETH and its ecosystem has been underwhelming, with the ETH/BTC ratio down by 30% year-to-date. However, it's important to note that BTC has faced a monthly-level correction after hitting resistance at $100,000, while Solana's DEX volumes have seen a significant decline. These shifts suggest that capital is starting to flow back into the ETH ecosystem, with whales quietly accumulating assets over the past year. Several promising projects within the ETH ecosystem and on EVM chains are worth highlighting.
VIPBitget VIP Weekly Research InsightsAs the regulatory landscape for DeFi and cryptocurrencies in the United States becomes clearer, top-performing DeFi projects with strong profitability are poised to give their tokens genuine value. This could involve using a portion of their profits for token buybacks or directly distributing profits to token holders. If these proposals are implemented, the valuations of these DeFi projects could experience significant upward adjustments. Early market interest has already emerged, making these projects worth investors' attention.
VIPBitget VIP Weekly Research InsightsLast week, Vitalik Buterin and CZ hosted the DeSci (Decentralized Science) conference at Devcon, where Vitalik unveiled the first DeSci product. CZ also expressed ambitions to see 1000 DeSci products next year, sparking widespread attention to the DeSci concept across the industry. Key speculative projects, RIF and URO, each surpassed a market cap of $100 million. As the sector continues to grow, DeSci remains an area worth close attention.
- 18:42Fed Minutes Reveal Growing Divisions Over Impact of Trump TariffsAccording to ChainCatcher, citing Jinshi News, the minutes of the Federal Reserve's July meeting indicate that while many remain concerned about inflation risks, some policymakers are gradually abandoning their hesitation to lower borrowing costs. The minutes note that it is neither feasible nor appropriate to wait until the impact of tariffs on inflation is fully clear before adjusting the monetary policy stance. At the July meeting, Governors Waller and Bowman supported a 0.25 percentage point rate cut, marking the first time since 1993 that two governors have disagreed with the Federal Reserve Chair.
- 18:34Fed Officials’ Concerns Over Economic Slowdown Intensify as Nonfarm Payroll Revisions Have Significant ImpactAccording to ChainCatcher, citing Jintou News, the minutes of the Federal Reserve's July meeting indicate that some officials are increasingly concerned about an economic slowdown, and expect economic activity growth to remain sluggish in the second half of the year. The minutes noted that slower real income growth could dampen the increase in consumer spending. In addition, the July employment report revised down the estimated number of new jobs added in May and June by 258,000, further intensifying some officials' concerns about an economic slowdown.
- 18:34Fed Meeting Minutes Show Progress in Monetary Policy Framework ReviewAccording to ChainCatcher, citing Jinshi News, the Federal Reserve has released the minutes of its July meeting, which noted that participants continued to discuss the ongoing assessment of the Fed’s monetary policy strategy, tools, and communication practices. They stated that significant progress has been made in revising the Committee’s “Statement on Longer-Run Goals and Monetary Policy Strategy,” and that they are close to completing the amendments to the consensus statement, aiming to ensure the statement remains robust and applicable across various economic environments.