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VIPBitget VIP Weekly Research InsightsUS initial claims for unemployment insurance and the unemployment rate are being released this week, key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.
At BRN Metaverse, our mission has always been to provide our community with the best opportunities for growth, engagement, and innovation in the digital space. As part of this commitment, we are thrilled to announce that BRN will soon be listed on Bitget, one of the fastest-growing cryptocurrency exchanges in the world. But why did we choose Bitget? Here’s a closer look at why we believe Bitget is the perfect platform for BRN’s next big step.
- 09:17UBS: It is expected that the Federal Reserve will cut interest rates by 75 to 100 basis points for the rest of 2025UBS predicts that the Federal Reserve will cut interest rates by 75-100 basis points for the rest of 2025.
- 09:16The U.S. Stablecoin Bill Committee approves reviewThe U.S. House Financial Services Committee passed the Stable Act after 10 hours of debate. This act will establish a strict regulatory framework for stablecoin payments, requiring issuers to obtain federal or state approval and back it with highly liquid assets at a 1:1 ratio. Democratic lawmakers strongly criticized the recent announcement by the Trump family's World Liberty Financial project to issue the stablecoin USD1. Representative Maxine Waters called this an "obvious display of greed and corruption" and questioned whether there was a conflict of interest in the President promoting relaxed crypto regulation while getting involved in this industry.Despite ongoing controversy, six Democratic lawmakers still supported this bill. Trump has promised to make America a "crypto superpower" and urged Congress to pass both the Stable Act and Crypto Market Structure Act before year-end. The first hearing on the Market Structure Act is scheduled for April 9th.(DLnews)
- 09:15Soneium Sony Chain announced that it will use L2 sorter profits to repurchase ASTR tokensStartale Group announced that it will use the proceeds from the Sequencer of Soneium, an Ethereum L2 blockchain developed in collaboration with Sony Group, to purchase ASTR tokens on the market. This is done to further promote the integration and future asset consolidation of Soneium and Astar ecosystems. It is reported that Soneium is operated by Sony Block Solution Labs (jointly owned by Sony headquarters and Startale) and led by Astar founder Sota Watanabe. Its Sequencer is responsible for transaction ordering, packaging, and submission to Ethereum L1 while also collecting transaction fees.