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As global market risks intensified this week, crypto assets across sectors experienced significant corrections and poor performance. Passive income products from centralized exchanges can offer low-risk returns despite market volatility by utilizing diversified portfolios to mitigate downside risks. This week, we recommend Bitget Earn's passive income products for our key clients.


On July 27 (local time), the current Republican presidential candidate Donald Trump attended the Bitcoin Conference. Essentially, the purpose of his appearance was to rally the mining community in the United States. The conference announced positive news for the mining industry, with a 12% increase in KAS over the past seven days and a noticeable net inflow of funds and traffic, indicating a certain wealth effect.


As the Voyage ends, a new opportunity arises to ride the waves and collect rewards every ten weeks.


The AVAIL token powering the Avail ecosystem and the unification of web3 is now live on mainnet with the launch of Avail DA.


- 10:48China Economic Times: Promoting RMB Internationalization with Offshore RMB StablecoinsAccording to an article published by China Economic Times, developing an offshore RMB stablecoin is a key measure to accelerate the internationalization of the renminbi. It is also an important means to mitigate the uncertainties arising from the development of the "digital currency bridge," and will not affect the mainland’s monetary policy regulation or cross-border capital management. A gradual approach is recommended for the development pace, starting from Hong Kong and gradually expanding to domestic free trade zones and free trade ports, thereby continuously strengthening support for the internationalization of the renminbi. Shen Jianguang, Chief Economist of JD Group, and Zhu Taihui, Senior Research Director of JD Group, stated that stablecoins and crypto digital currencies have entered a phase of rapid growth. Especially since the second term of U.S. President Trump, the United States has actively promoted the development of stablecoins and crypto digital currencies, prompting countries around the world to re-examine the development of crypto digital currencies, particularly stablecoins. For China, developing an offshore RMB stablecoin is a key measure to accelerate the internationalization of the renminbi and an important means to mitigate the uncertainties of the "digital currency bridge," without impacting the mainland’s monetary policy regulation or cross-border capital management. A gradual approach should be adopted, accumulating experience and improving mechanisms in Hong Kong first, and then, following the model of "offshore first, then onshore," gradually expanding from Hong Kong to domestic free trade zones and free trade ports, thereby continuously strengthening support for the internationalization of the renminbi.
- 10:17California Governor: Trump Wants to Centralize Power in the White HouseIn recent days, U.S. federal agents tasked with apprehending illegal immigrants have repeatedly clashed with protesters in Los Angeles. Following these incidents, President Trump ordered the deployment of nearly 5,000 National Guard and Marine Corps personnel to Los Angeles. On the evening of June 10, California Governor Newsom delivered a speech stating that the deployment of the National Guard and Marines to Los Angeles was not only intended to quell the protests sparked by a series of federal law enforcement raids, but was also part of a carefully orchestrated "war" aimed at undermining the foundations of society and centralizing power in the White House.
- 10:00WIF Falls Below 1 DollarMarket data shows that WIF has fallen below $1, currently trading at $0.99, with a 24-hour decline of 4.81%. The market is experiencing significant volatility, so please manage your risks accordingly.