2026-04-26 Воскресенье

Новостной центр - Страница 611

Получайте криптоновости и тенденции рынка в режиме реального времени с помощью Новостного центра HTX.

Bitcoin Continues to Plunge, Whether MSTR Is Forced to Sell Becomes Focus

Bitcoin is experiencing a sharp decline, falling below the key $80,000 level and approaching the cost basis of major institutional holders like MicroStrategy. This has intensified concerns about potential forced liquidations among highly leveraged players. Despite the sell-off, MicroStrategy's executive chairman Michael Saylor signaled intentions to continue accumulating Bitcoin, even as the company raised dividends on its preferred shares to attract capital—a move that could strain cash flow if prices fall further. Analysis indicates that institutional entities, including ETFs and MicroStrategy, now hold approximately 10% of Bitcoin’s circulating supply, with an average acquisition cost around $85,360. At current prices, these positions are underwater, with unrealized losses totaling about $7 billion. The market is facing a crisis of narrative, as the once-bullish "institutional adoption" theme has reversed, with ETF outflows persisting and no new catalysts emerging to attract buyers. The high concentration of institutional holdings, largely at a loss, may now become a source of sustained selling pressure.

marsbit02/02 04:17

Bitcoin Continues to Plunge, Whether MSTR Is Forced to Sell Becomes Focus

marsbit02/02 04:17

Bitcoin hits April 2025 levels – $85K bounce for BTC possible IF…

Bitcoin fell to a 9-month low of $75,519, hitting levels last seen in April 2025, before a slight recovery to $78,862. The decline is attributed to a significant drop in capital inflows and persistent selling pressure from both retail and institutional investors. Realized Cap data indicates no fresh capital entering Bitcoin recently, while ETF outflows and increased exchange netflows signal aggressive selling. With over $736 million in long positions liquidated and strong bearish momentum, BTC may continue trading below $80k. Key support lies at $76k, though a potential rebound to $85k–$92k is possible in early February under improved conditions.

ambcrypto02/02 04:02

Bitcoin hits April 2025 levels – $85K bounce for BTC possible IF…

ambcrypto02/02 04:02

Is Crypto Over? Don't Give Up, Liquidity Relief Is Coming

The article "Is Crypto Over? Don't Give Up, Liquidity is Coming" by Raoul Pal addresses the current downturn in the crypto market, arguing it is not a sign of the industry's demise but a temporary liquidity crisis. Pal refutes the narrative that crypto has permanently decoupled from other assets by showing that Bitcoin's price chart is nearly identical to that of the SaaS index, indicating a shared, external factor: a shortage of U.S. dollar liquidity. He explains this was caused by a combination of events, including the draining of the Reverse Repo facility, the rebuilding of the Treasury General Account (TGA) without monetary offset, and government shutdowns. This liquidity drain negatively impacted risk assets like crypto and tech stocks, while gold absorbed the marginal liquidity. The key takeaway is that this period of illiquidity is ending. The impending resolution of the U.S. government shutdown is seen as the final obstacle. Once cleared, a significant injection of liquidity is expected from sources like the easing of the SLR rule, TGA drawdowns, fiscal stimulus, and eventual rate cuts. Pal, alongside analysis from Stanley Druckenmiller, suggests the new Fed leadership under a potential Warsh chairmanship would be focused on cutting rates to keep the economy hot, aligning with a pro-growth strategy from the administration. The author admits a mistake in not prioritizing U.S. liquidity as the dominant short-term driver over global liquidity but remains highly bullish on the long-term cycle into 2026. The core advice for investors is patience, emphasizing that in a full cycle, time is more important than price. The message is clear: the liquidity cavalry is on its way.

marsbit02/02 03:40

Is Crypto Over? Don't Give Up, Liquidity Relief Is Coming

marsbit02/02 03:40

In-Depth Analysis of Moonbirds: Where Is It Headed Now?

Moonbirds, once a prominent NFT project, was acquired by Orange Cap Games in 2025, shifting its focus toward becoming a broader IP-driven business. The new strategy aims to emulate the success of Pop Mart by expanding into physical collectibles, trading card games (TCG), and mobile games. Key initiatives include the "Blind Box 2.0," which bundles physical toys, TCG cards, and NFTs to cross-promote ecosystem engagement, and partnerships with major distributors for global retail presence. A TCG game and mobile app are designed to attract and retain users beyond the crypto niche. However, the utility of the $BIRB token remains vague, framed as a "cultural coordination layer" without clear economic benefits for holders. The project’s success hinges on transitioning from NFT speculation to sustainable IP monetization.

marsbit02/02 03:37

In-Depth Analysis of Moonbirds: Where Is It Headed Now?

marsbit02/02 03:37

Is Crypto Over? Don't Give Up, Liquidity Relief Is Coming

The article "False Narratives....and Other Thoughts" by Raoul Pal addresses the current downturn in the crypto market, arguing against the mainstream narrative that the crypto cycle is over. Pal explains that the recent price decline in Bitcoin and other cryptocurrencies is not an isolated event but is correlated with a similar drop in SaaS stocks, as shown by comparative charts. He identifies the root cause as a temporary liquidity squeeze in the U.S. financial system, exacerbated by government shutdowns, TGA (Treasury General Account) rebuilding without monetary offset, and gold absorbing marginal liquidity that would otherwise support risk assets like crypto. Pal emphasizes that this liquidity crunch is temporary. He anticipates a resolution to the government shutdown soon, which will remove the last major obstacle to liquidity recovery. Following this, he expects a return of liquidity through measures such as eSLR adjustments, TGA drawdowns, fiscal stimulus, and eventual rate cuts. He advises investors to be patient, stressing that in a full market cycle, time is more critical than price movements. The article also corrects a misperception about potential Fed Chair Kevin Warsh, arguing he is not a hawk and would likely support rate cuts aligned with strategies to boost economic growth. Despite current market conditions, Pal remains highly optimistic about the crypto market's prospects through 2026, driven by anticipated pro-growth policies.

Odaily星球日报02/02 03:31

Is Crypto Over? Don't Give Up, Liquidity Relief Is Coming

Odaily星球日报02/02 03:31

Old Case Resurfaces: The 1011 Crash Sparks a Mixed Battle of Public Opinion Between Exchanges and Ecosystems

"Old Case Resurfaces: The 1011 Crash Sparks a Public Opinion Battle Between Exchanges and Ecosystems" Over the weekend, a wave of criticism targeting Binance reignited on X (formerly Twitter), centered on revisiting the "1011 Event" from October 11, 2023. The controversy was sparked by ARK Invest CEO Cathie Wood, who suggested in an interview that the crypto market's recent stagnation was an aftershock of a $28 billion leverage liquidation event caused by a system glitch on Binance. The 1011 Event was a major market crash where the global crypto market lost over $500 billion in value, with leverage liquidations surpassing $19 billion. Critics point to a liquidity anomaly on Binance during the crash, which triggered its Auto-Deleveraging (ADL) mechanism and caused massive, cascading liquidations. The exchange's high-yield USDe promotion was also cited as a contributing risk factor. Binance later paid approximately $283 million in compensation to affected users but maintained the sell-off was driven by broader market conditions. The criticism has evolved into a broader industry debate. A key figure in the accusatory camp is Leonidas, a founder in the Bitcoin Ordinals ecosystem, who has long criticized Binance's listing practices, alleging the exchange demands high token allocation fees from projects. More significantly, OKX founder Star (Xu Mingxing) entered the fray, arguing the 1011 crash fundamentally altered the market's microstructure. He claimed Binance's USDe promotion, which offered 12% APY and was treated as collateral, introduced massive systemic risk akin to a "tokenized hedge fund," not a stablecoin. The conflict also revealed underlying public chain competition. CZ unfollowed Solana co-founder Anatoly Yakovenko (Toly) after he shared Xu's critical post, hinting at the rivalry between Binance's BSC chain and Solana for meme coin liquidity. In Binance's defense, some analysts offered more neutral perspectives. Trader Benson and Dragonfly's Haseeb Qureshi argued that while Binance had some responsibility, the "USDe caused the crash" narrative doesn't align with the timeline, as the market bottomed before USDe depegged on Binance. They suggested a confluence of factors—including Trump's tariff comments, API issues preventing market makers from hedging, and a lack of circuit breakers—led to the crash. Amid the FUD, Binance announced it would convert the assets in its $1 billion SAFU insurance fund from stablecoins to Bitcoin. The article concludes that the intense scrutiny on Binance stems from its dominant size, meaning any structural industry problem will manifest there first. The core of the debate is not just assigning blame for one event, but whether the leading exchange will assume a higher responsibility for market stability.

marsbit02/02 03:20

Old Case Resurfaces: The 1011 Crash Sparks a Mixed Battle of Public Opinion Between Exchanges and Ecosystems

marsbit02/02 03:20

Financing Weekly Report | 10 Public Financing Events, Crypto Payment Network Mesh Completes $75 Million Series C Funding Led by Dragonfly Capital

Last week (Jan 26-Feb.1) saw 10 blockchain funding rounds totaling over $197 million. Key deals include: - **DeFi**: 6 rounds, including Andre Cronje’s new project Flying Tulip raising $25.5M in Series A, bringing its total to $225.5M. - **Infrastructure**: Mesh, a crypto payment network, raised $75M in a Series C led by Dragonfly Capital, reaching a $1B valuation. - **CeFi**: Trading platform Talos raised $45M with participation from Robinhood and a16z. - **Web3 & AI**: AetheriumX secured $8M in strategic funding. Other notable deals include Doppler ($9M seed for token creation), Tenbin Labs ($7M for tokenized gold/forex), and Bleap ($6M seed for on-chain finance). Sony’s innovation fund invested $13M in Startale, co-developer of the Soneium blockchain. Venture firm Escape Velocity also closed a $62M fund focused on DePIN and crypto investments.

marsbit02/02 03:14

Financing Weekly Report | 10 Public Financing Events, Crypto Payment Network Mesh Completes $75 Million Series C Funding Led by Dragonfly Capital

marsbit02/02 03:14

Old Case Resurfaces: The 1011 Crash Sparks a Mixed Battle of Public Opinion Between Exchanges and Ecosystems

A wave of criticism targeting Binance resurfaced on social media, reignited by ARK Invest CEO Cathie Wood's comments blaming a past "system glitch" at the exchange for the crypto market's prolonged stagnation. She referred to the October 11th ("1011") event, a major market crash that saw over $190B in liquidations, as a key reason crypto wasn't rallying with other assets. Binance co-founder He Yi quickly countered, suggesting Wood, a Coinbase investor, was not a user and misinformed. The 1011 event itself was a "black swan" where a sharp market downturn was exacerbated by a liquidity anomaly on Binance, triggering its Auto-Deleveraging (ADL) mechanism and causing massive, cascading liquidations. Binance later paid $283M in compensation but maintained the sell-off was market-driven. The criticism evolved into a broader industry debate. Key figures leading the charge included Leonidas, a Bitcoin Ordinals proponent, who accused Binance of extracting value from the ecosystem via high token listing fees. OKX founder Star (Xu Mingxing) presented a more technical critique, arguing Binance's high-yield USDe promotion allowed systemic risk to accumulate, fundamentally altering the market's microstructure post-1011. Solana co-founder Anatoly Yakovenko indirectly supported critics, leading CZ to unfollow him—highlighting underlying competition between the BSC and Solana ecosystems. In Binance's defense, some analysts like Dragonfly's Haseeb Qureshi argued the crash lacked a single cause, citing pre-existing market stress from Trump's tariff comments, API issues affecting market makers, and a lack of circuit breakers. Amid the FUD, Binance announced it would convert its $1B SAFU insurance fund from stablecoins to Bitcoin. The incident underscores the immense scrutiny Binance faces as the industry's largest exchange, raising questions about its role in maintaining systemic stability in a leveraged and narrative-driven market.

Odaily星球日报02/02 03:12

Old Case Resurfaces: The 1011 Crash Sparks a Mixed Battle of Public Opinion Between Exchanges and Ecosystems

Odaily星球日报02/02 03:12

THIS is the stablecoin power angle that nobody is talking about

Dollar-backed stablecoins are increasingly serving as a tool for the U.S. to extend its monetary influence abroad without physically moving dollars overseas, according to a Rabobank report. When foreign entities demand dollar stablecoins, U.S. issuers convert this demand into Treasury bill purchases, helping fund U.S. deficits at lower rates while digital tokens circulate internationally. This mechanism allows dollars to remain within the U.S. financial system while still facilitating global trade. Non-USD stablecoins are also gaining traction, with their supply surging 260% over the past year to a combined market cap of $1.55 billion, though they remain small compared to dollar-pegged alternatives. A key application driving adoption is crypto-backed payment cards, which have grown into an $18 billion market. Monthly transaction volumes have increased from $100 million in early 2023 to over $1.5 billion, growing at an annual rate exceeding 100%. These cards operate on top of traditional networks like Visa and Mastercard, using stablecoins to settle transactions in the background while maintaining a familiar user experience. In summary, dollar-backed stablecoins are expanding U.S. monetary power digitally without exporting physical dollars, while crypto payment infrastructure accelerates their real-world use.

ambcrypto02/02 03:02

THIS is the stablecoin power angle that nobody is talking about

ambcrypto02/02 03:02

活动图片

Популярные категорииright-arrow

Популярные тегиright-arrow

Indepth Research