Artículos Relacionados con Market Structure

El Centro de Noticias de HTX ofrece los artículos más recientes y un análisis profundo sobre "Market Structure", cubriendo tendencias del mercado, actualizaciones de proyectos, desarrollos tecnológicos y políticas regulatorias en la industria de cripto.

Wall Street Traders Shift Crypto Market Activity to Weekdays

For decades, Wall Street adhered to a strict Monday-Friday schedule, a rhythm initially challenged but not fully overturned by the 24/7 nature of cryptocurrencies. However, institutional adoption is now fundamentally reshaping crypto market dynamics, shifting most price discovery and trading activity to traditional U.S. market hours (9:30 AM - 4:00 PM ET). According to Kaiko Research, weekend trading volume has fallen from roughly 25% to about 16% of the total. This concentration creates a significant "liquidity vacuum" on weekends when institutional support withdraws. Analysis by BridgePort shows the market becomes more vulnerable: trading costs rise by an average of 11% due to wider spreads, market depth for $100k trades worsens by nearly 9%, and displayed liquidity drops over 5%. Consequently, smaller trades can trigger sharper price swings. The massive success of U.S. spot Bitcoin ETFs has been a key driver of this structural shift. While providing steady weekday demand, their complete inactivity on weekends exacerbates the liquidity gap. Large capital movements, like the over $0.5 billion withdrawn from U.S. spot ETFs since October 2023, are easily absorbed on weekdays but can cause significant turbulence on thinner weekends. Ultimately, weekend trading now requires heightened caution due to a "thin" market, absent major market makers, and multiplied risks of sudden price jumps and slippage. Understanding these hidden liquidity mechanisms has become crucial for navigating the new financial reality.

cryptonews.ruAyer 17:31

Wall Street Traders Shift Crypto Market Activity to Weekdays

cryptonews.ruAyer 17:31

Fidelity joins push for Senate passage of CLARITY Act

Fidelity Investments urged the U.S. Senate to pass the CLARITY Act, advocating for clear digital asset regulations to boost investor confidence and U.S. leadership in crypto markets. The company joins a coalition of financial firms and crypto groups, including the Crypto Council for Innovation, pushing for the bill's advancement. The proposed legislation aims to establish a U.S. regulatory framework for digital assets but faces a Senate challenge, requiring 60 votes to pass amid partisan debate over ethics provisions. As the world's third-largest asset manager with $7.1 trillion in managed assets, Fidelity's support adds significant weight to the call for regulatory clarity.

cointelegraphHace 2 días 09:25

Fidelity joins push for Senate passage of CLARITY Act

cointelegraphHace 2 días 09:25

Bitcoin short-term holder losses narrow to 4%: Structure builds for BTC’s rebound

Bitcoin's short-term holder losses have narrowed sharply to around -4.0% from -20.48% in early June, bringing the cohort close to its average cost basis of $68,800. This proximity may incentivize holding, reducing recent supply from entering the market. The asset's structure shows bullish signs, including a sustained golden cross and rising accumulation volume. However, momentum faces headwinds as spot and perpetual market netflows remain negative. Bitcoin currently trades in an undervalued zone, and a shift to positive netflows could support a potential rally, similar to a pattern observed before its 2025 surge.

ambcrypto07/24 08:12

Bitcoin short-term holder losses narrow to 4%: Structure builds for BTC’s rebound

ambcrypto07/24 08:12

Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

The article titled "Gate Research Institute: Are Crypto Financial Products Sparking a 'Wall Street' Wave—Competition or Convergence?" explores the evolving relationship between the crypto ecosystem and traditional finance (TradFi). The piece begins by reflecting on Bitcoin's original 2009 vision of decentralization, disintermediation, and moving away from banks. It then contrasts this with the 2024 landscape, where key crypto assets like Bitcoin are increasingly held through Wall Street products like ETFs issued by giants like BlackRock. The article questions whether this signifies that TradFi is systematically taking over the rights to issue, price, custody, and distribute crypto financial assets. The core argument is that this is not a zero-sum takeover but rather a bidirectional convergence where each side addresses the other's weaknesses. Crypto offers 24/7 global markets, programmable settlement, and open access but lacks compliant channels, institutional-grade custody, deep fiat liquidity, and mainstream distribution. TradFi possesses these but is constrained by legacy systems, limited operating hours, and slow settlement. Two primary convergence paths are highlighted: * **Path A (CEX to TradFi):** Exemplified by Gate, which has progressed from offering tokenized stocks and CFDs to providing direct, real stock trading (US, Hong Kong, South Korea) within its platform, using USDT. * **Path B (TradFi to Crypto):** Exemplified by Robinhood, which has integrated crypto trading, acquired exchanges like Bitstamp, and is moving traditional assets like stocks onto the blockchain via tokenization and its own Layer 2. Both paths are ultimately competing to become the next-generation, unified financial account—a "super account" where users can seamlessly trade cryptocurrencies, stocks, ETFs, RWA (Real World Assets), and tokenized treasury products in one interface. The growth of RWA and tokenized treasuries (e.g., BlackRock's BUIDL) is presented as the asset-layer fusion, providing stable, yield-bearing assets on-chain and acting as a bridge between the two worlds. In conclusion, the "Wall Street-ization" of crypto is framed as a mutual transformation. Decentralized ideals persist in the protocol layer, while at the application layer, a more efficient, global, and accessible unified capital market is emerging from this convergence. The future competition lies not between crypto exchanges and stockbrokers, but between platforms vying to offer the most comprehensive asset coverage, liquidity, and user experience within a single account.

marsbit07/22 08:01

Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

marsbit07/22 08:01

The Clarity Act's Journey Through Congress: The Thorny Path of Bipartisan Compromise in the U.S.

The U.S. Congress is struggling to advance the crypto market structure bill known as the Clarity Act, with bipartisan compromise proving difficult. Key hurdles include unresolved disputes over "yield" products and, more critically, the inclusion of strong ethics provisions for elected officials—a non-negotiable demand for many Democrats. While a compromise on yield was reached in May, securing only limited Democratic support in committee, the separate Senate Agriculture Committee version later passed with no Democratic votes due to the ethics impasse. As Republicans push for a full Senate vote in July, demands for ethics rules have expanded, and other contentious issues like developer protections and concerns from law enforcement and large banks further complicate negotiations. Despite consensus on the need for legislation, the path forward is unclear. Recent discussions between senators and White House officials aim to find acceptable ethics language. Some lawmakers question whether a compromise text can garner enough bipartisan support, with one Democrat stating the current proposal lacks the strong ethics provisions required for their vote. Potential short-term goals for the crypto community include symbolic Senate action before the August recess, a longer-term aim for passage by 2026, or establishing a detailed framework that addresses ethics and other compromises. The process remains arduous, relying on the traditional, vote-by-vote effort to build bipartisan support.

marsbit07/22 02:06

The Clarity Act's Journey Through Congress: The Thorny Path of Bipartisan Compromise in the U.S.

marsbit07/22 02:06

White House Concession Removes Ethical Hurdle, Clarity Act Races Against Final Window Before Recess?

On July 21st, industry sources reported that the Trump administration has agreed to include an ethics provision in the "Clarity Act" (Digital Asset Market Clarity Act of 2025). This concession addresses the long-standing conflict-of-interest concerns regarding government officials and the crypto industry, potentially removing the final major obstacle to the bill's progress. Additionally, Patrick Witt, the executive director of the White House's Digital Asset Advisory Committee, confirmed he will remain in his role to help finalize the bill, alleviating previous concerns about his potential departure. The Clarity Act aims to establish a unified federal regulatory framework for the U.S. digital asset market. Its core objective is to resolve regulatory ambiguity by defining different types of digital assets (digital commodities, investment contract assets, and permitted payment stablecoins) and clarifying the respective oversight roles of the SEC and CFTC. This would end the long-running jurisdictional dispute between the two agencies and provide clearer compliance paths for the industry. With the ethics issue moving toward resolution, the most urgent challenge now is time. The U.S. Congress is set to begin its August recess in mid-August, leaving only a few working weeks to finalize the text and advance the bill through the Senate. Industry advocates, like the Blockchain Association's Kristin Smith, stress that this is a critical moment. If negotiations conclude successfully in the coming weeks, the Clarity Act could pass a key hurdle before the recess; otherwise, it may face significant delays. If enacted, the Clarity Act could mark a historic turning point in crypto regulation. By providing a clearer and more predictable legal framework, it aims to reduce uncertainty for businesses, developers, and traditional financial institutions looking to enter the digital asset space, potentially setting a global benchmark for market structure regulation.

Odaily星球日报07/21 08:40

White House Concession Removes Ethical Hurdle, Clarity Act Races Against Final Window Before Recess?

Odaily星球日报07/21 08:40

CLARITY Act Delays Bring Imminent Corporate Compliance Crisis, Not Just Political Deadlock

The CLARITY Act, which would clarify whether digital assets are regulated by the SEC or CFTC, remains stalled in the Senate a year after being passed by the House. This delay is no longer just political gridlock but an urgent compliance deadline for corporate boards and risk officers. While related stablecoin and anti-CBDC bills have become law, the market-structuring CLARITY Act faces four main Senate hurdles: ethics concerns over official holdings, law enforcement opposition to certain liability shields, potential stablecoin yield loopholes, and vacancies at the CFTC and SEC. With the Senate's pre-recess voting window closing fast and slim margins, failure to pass the bill risks postponing clear rules until 2030, leaving "regulation by enforcement" as the default. This uncertainty forces companies to build compliance on shifting jurisdictional lines and inflates legal costs. Regardless of the legislative outcome, compliance leaders are advised to immediately map all digital asset exposures, document their classification rationale, prepare board briefings for both regulatory scenarios, and stress-test their arrangements. The promise of regulatory clarity from Congress hangs in the balance, but corporate preparedness does not.

marsbit07/18 14:10

CLARITY Act Delays Bring Imminent Corporate Compliance Crisis, Not Just Political Deadlock

marsbit07/18 14:10

Kraken Pro Options Upgrade Brings More Structure To Retail Crypto Hedging

Kraken Pro is expanding its crypto options trading infrastructure, offering retail traders an alternative to spot buying and high-risk perpetual futures. Options allow for more defined risk management, hedging, and volatility strategies, potentially moving the market away from the extreme leverage cycles that fuel violent price swings. The success of this upgrade depends on key factors like contract design, liquidity, and user education to ensure options are accessible without being misleading. This move aligns with a broader trend towards more mature and structured crypto derivatives, providing traders with tools for better risk control as the market evolves. However, options remain complex instruments that require understanding to avoid significant losses.

bitcoinist07/18 01:01

Kraken Pro Options Upgrade Brings More Structure To Retail Crypto Hedging

bitcoinist07/18 01:01

CLARITY Act Delays Have Become a Compliance Crisis, Not Just a Political Impasse

A year after the passage of three landmark digital asset bills in the U.S. House of Representatives, two have become law, while the critical CLARITY Act remains stalled in the Senate. This bill, which would definitively classify digital assets as either securities (SEC-regulated) or commodities (CFTC-regulated), has evolved from a political issue into a pressing compliance deadline for businesses. The ongoing delay perpetuates significant regulatory uncertainty, forcing companies to navigate a "regulation by enforcement" landscape that complicates governance, risk management, and strategic planning. With the Senate's legislative window rapidly closing before the August recess, the failure to pass the CLARITY Act could postpone comprehensive market structure legislation for years. Major sticking points in the Senate include ethical concerns over officials' crypto holdings, law enforcement opposition to certain liability shields, potential loopholes in stablecoin regulations, and vacancies at the key regulatory agencies (SEC and CFTC). This impasse stands in contrast to other jurisdictions, like South Africa, which are advancing with clear regulatory frameworks. Regardless of the legislative outcome, compliance leaders are urged to proactively audit their digital asset exposures, document their compliance rationale, and prepare contingency plans for both regulatory scenarios. The clarity promised by Congress remains incomplete, and businesses must prepare for either outcome.

marsbit07/17 10:10

CLARITY Act Delays Have Become a Compliance Crisis, Not Just a Political Impasse

marsbit07/17 10:10

Can KAITO sustain its 13% rally before $14.9mln token unlock?

The KAITO token surged over 13% in 24 hours, extending its weekly gains beyond 25%. This rally was supported by significant market activity, with Open Interest (OI) hitting a yearly high of $70.88 million and daily trading volume soaring above $47 million. The price broke out of its previous consolidation range, confirming a bullish structure, but is now encountering resistance between $0.80 and $0.85. A key test for the rally's sustainability is an upcoming token unlock in three days, which will release 17.60 million KAITO tokens (worth approximately $14.93 million) into circulation, potentially creating selling pressure. While strong capital inflows and buying activity currently support the uptrend, the market's direction will depend on whether demand can absorb the increased supply.

ambcrypto07/17 10:02

Can KAITO sustain its 13% rally before $14.9mln token unlock?

ambcrypto07/17 10:02

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