【比推每日新闻精选】高盛:预计下周股票抛售将达 400 亿美元;Jefferies报告:Tether黄金储备达116吨,成为全球最大的非主权黄金持有者之一;TechCrunch:预测市场 Kalshi融资10亿美元,估值达110亿美元

比推Pubblicato 2025-11-21Pubblicato ultima volta 2025-11-21

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高盛:预计下周股票抛售将达 400 亿美元】

比推消息,据金十报道, 高盛在给客户的一份说明中说,标普 500 指数跌破了一个受到密切关注的水平,这给那些按趋势交易股票的对冲基金开了绿灯,它们可能在未来一周抛售近 400 亿美元的股票。标普 500 指数周三跌破 6725 点。

高盛在当天晚些时候发给客户的说明称,追踪趋势的对冲基金将这一临界值视为一个信号,要么卖出头寸,要么增加股票将进一步下跌的空头押注。在高盛的计算显示,在股价跌破这一数字后,在接下来的一周里,全球可能有 390 亿美元的股票被抛售。如果股价继续下跌,该行估计系统性趋势对冲基金可能抛售高达约 650 亿美元的股票。趋势追踪对冲基金旨在利用市场趋势开始时的信号——无论是上涨还是下跌。这些信号可以基于市场中的交易量、价格或资产价格在交易日中的变化速度。高盛的报告说,在股票开始抛售之前,这些对冲基金做多了价值约 1500 亿美元的全球股票。高盛表示,上一次股价跌穿这些密切关注的水平是在 10 月份,而在此之前的 4 月 2 日,美国总统特朗普宣布了一系列关税提案。

【Jefferies报告:Tether黄金储备达116吨,成为全球最大的非主权黄金持有者之一】

比推消息,杰富瑞(Jefferies)投资银行报告显示,稳定币发行商Tether公司已积累至少116吨黄金储备,成为全球最大的非主权黄金持有者之一。其持有量与一些规模较小的中央银行相当。根据CoinMarketCap的数据,XAUt目前的市值约为15亿美元。其黄金持有量在第三季度单季增加约26吨,约占全球黄金需求的2%,对市场供应和价格情绪产生显著影响。

这些黄金部分用于支持其黄金代币XAUt,其余作为USDT稳定币的储备资产。随着泰达公司持续盈利并加大在黄金产业链的投资,其黄金购买力预计将继续增长,成为推动黄金市场的重要新兴力量。

报告指出,随着USDT的增长和黄金储备维持在约7%的水平,Tether预计将继续积累。Ardoino预计2025年利润将达到150亿美元,该银行的分析师计算得出,即使将其中一半投资于黄金,每年也能增加近60吨黄金储备。

TechCrunch:预测市场 Kalshi融资10亿美元,估值达110亿美元】

比推消息,据 TechCrunch 报道,受监管的预测市场平台 Kalshi 已完成 10 亿美元融资,公司估值达到 110 亿美元。本轮融资由现有投资者红杉资本和 CapitalG 领投,Andreessen Horowitz、Paradigm、Anthos Capital 和 Neo 也参与了投资。

此次估值提升使Kalshi更接近其竞争对手Polymarket寻求的120亿至150亿美元的估值目标。此外,就在一个月前,Kalshi刚刚宣布完成3亿美元融资,估值达到50亿美元,这凸显了投资者对蓬勃发展的预测市场领域的浓厚兴趣。

Kalshi是一家受美国商品期货交易委员会(CFTC)监管的交易所,提供涵盖通胀率、政治结果等主题的事件合约。它定位为符合美国监管规定的离岸或去中心化平台的替代方案,专注于为寻求法律确定性和法币入金渠道的机构和零售交易者提供服务。

【美国政府转移 FTXBitfinex 案涉资产至新钱包】

比推消息,据 Onchain Lens 监测,美国政府在过去 6 小时内将部分 FTX-Alameda 与 Bitfinex 黑客案中查封资产转入新钱包,包括 1513 万枚 TRX(约 420 万美元)、54.5 万枚 FTT(约 34.89 万美元)、74.4 万枚 KNC(约 20.68 万美元)及 1066 枚 WETH(约 301 万美元)等。

CME Group 和 CF Benchmarks 将推出两款新的比特币波动率指数】

比推消息,据美通社报道,芝商所(CME Group)与 CF Benchmarks 宣布,计划于 12 月 2 日推出两款新的比特币波动率指数——芝商所-CF 比特币波动率实时指数(BVX)和芝商所-CF 比特币波动率结算指数(BVXS)。这些指数是基于市场的前瞻性指标,用于衡量市场预计比特币价格在 30 天固定到期期限内的波动情况。

这些指数并非可交易的期货产品,但它们可作为透明指标,反映芝商所受监管的比特币期货和微型比特币期货合约期权中所隐含的波动率。


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Letture associate

CertiK Releases Cryptocurrency ATM Fraud Report: Losses Reach $330 Million, AI Scams and Cross-Border Money Laundering Emerge as Major Threats

CertiK's "Skynet Cryptocurrency ATM Fraud Report" reveals that losses from such scams reached $330 million in 2025, a 33% year-on-year increase, making it one of the fastest-growing financial crimes in the U.S. The report highlights that these scams have evolved into a highly organized transnational criminal industry, leveraging social engineering and AI technologies. Cryptocurrency ATMs, with 78% located in the U.S., serve as a rapid channel for fraudsters to transfer funds. Victims, often elderly individuals who account for 86% of the losses, are manipulated via phone calls or messages to deposit cash into these machines. The funds are quickly converted into cryptocurrency and transferred to wallets controlled by criminals, making recovery nearly impossible once the transaction is on the blockchain. AI-driven scams, including voice cloning and deepfake videos, have proven 4.5 times more profitable than traditional methods. Criminal networks use automated scripts and employ "smurfing" tactics to bypass transaction limits. The illicit funds are rapidly laundered through mixing services, cross-chain bridges, and decentralized exchanges, often within minutes. The report emphasizes that the only effective intervention point is at the transaction entry level, before funds are on-chain. It calls for enhanced KYC measures, industry-wide intelligence sharing, real-time risk screening, and stronger cross-border law enforcement cooperation to combat this escalating threat.

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CertiK Releases Cryptocurrency ATM Fraud Report: Losses Reach $330 Million, AI Scams and Cross-Border Money Laundering Emerge as Major Threats

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In the AI Era of Spending $2 to Earn $1, Founders Who Don't Build an IP Are Being Phased Out

In the AI era, founders who neglect building a personal IP are being left behind. Top VC firm a16z now runs an 8-week fellowship program to train storytellers and content creators for its portfolio companies, signaling a strategic shift. Key drivers: - Customer acquisition costs (CAC) have surged 222% over 10 years, with SaaS companies spending $2 to earn $1 in annual revenue. - AI has accelerated product homogenization, shrinking competitive advantages from years to just 3-12 months. - Consumers increasingly trust authentic human voices: 71% distrust AI-heavy brand communication, while 67% pay more for founder-aligned values. Case studies demonstrate the power of founder IP: - Sam Altman’s personal Twitter (4.5M followers) often outperforms OpenAI’s official account, amplifying the company’s narrative and valuation growth. - Perplexity CEO Aravind Srinivas, with zero marketing budget, grew valuation 133x to $21.2B through transparent, direct user engagement. - Midjourney, with just 10-15 employees, achieved $500M revenue by leveraging founder David Holz’s Discord community interactions. - Even non-founder IP like Duolingo’s brand personality (a “crazy” owl) drove user growth from 37M to 117M MAU. However, founder IP is a double-edged sword—Elon Musk’s influence boosted Grok’s market share but also contributed to a 53% drop in Tesla’s brand value due to controversial statements. The conclusion: Product strength is the foundation (the “1”), but founder IP is the multiplier (the “0”). In an era of rising CAC and AI-driven sameness, a founder’s authentic voice is becoming the most efficient growth lever and durable moat.

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In the AI Era of Spending $2 to Earn $1, Founders Who Don't Build an IP Are Being Phased Out

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