# Сопутствующие статьи по теме Capital

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Capital", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Crypto Regulation: Nigerian SEC Raises Capital Requirement For Exchanges To N2 Billion

The Nigerian Securities and Exchange Commission (SEC) has significantly raised the minimum capital requirements for cryptocurrency exchanges and other virtual asset service providers (VASPs). The new rules, announced on January 16, 2026, increase the capital threshold for digital asset exchanges (DAX) and custodians from N500 million to N2 billion ($1.4 million). Platforms for issuing digital assets (DAOP) must now hold N1 billion. The regulations also now cover ancillary service providers (AVASPs), who must maintain a minimum capital of N300 million. The SEC states these changes aim to boost operational resilience and market stability. All entities must comply by June 30, 2027, or face penalties. This move is part of a broader government effort to regulate the crypto industry, including new tax identification mandates.

bitcoinist01/18 06:51

Crypto Regulation: Nigerian SEC Raises Capital Requirement For Exchanges To N2 Billion

bitcoinist01/18 06:51

2026: Asset Tokenization, Stablecoins, and AI Agents Jointly Unlock $16 Trillion in Idle Capital

By 2026, a convergence of asset tokenization, stablecoins, and AI agents is projected to unlock $16 trillion in currently idle global capital by eliminating financial friction. The core insight, long championed by former Wall Street executive Caitlin Long, is that the financial system's greatest cost is not risk but settlement delays. The transition to T+0, 24/7 instant settlement—enabled by tokenized assets and programmable stablecoins—will replace the need for debt-based liquidity. AI agents will serve as autonomous executors, optimizing capital allocation beyond human limitations. However, interoperability between private bank ledgers and public blockchains remains a critical challenge. If resolved, this technological shift could act as a non-inflationary GDP growth engine by increasing monetary velocity without expanding the money supply, fulfilling both Fisher’s equation and Keynes’s concerns about liquidity traps. The unlock represents an architectural upgrade from paper-based speed to information speed—a inevitability rather than a speculative bet.

marsbit01/17 13:43

2026: Asset Tokenization, Stablecoins, and AI Agents Jointly Unlock $16 Trillion in Idle Capital

marsbit01/17 13:43

The Divergence in Value Logic Between Eastern and Western Crypto KOLs

The article explores the fundamental differences in value logic between Eastern and Western crypto KOLs. The author, drawing from experience with venture capitalists in both regions, observes that Eastern perspectives focus heavily on practical, tactical aspects of projects—such as revenue models, tokenomics, and operational logistics—treating crypto ventures like traditional businesses. In contrast, Western narratives prioritize grand, aspirational stories capable of promising 10x to 100x returns, often glossing over practical details to attract major capital. This divergence leads to opposing definitions of "key opinion." Eastern KOLs tend to deconstruct and critically analyze, while Western ones build on ambitious, high-concept narratives aimed at securing large-scale investments. The author notes that although the most influential narratives and capital formations often originate from the West (e.g., restaking, Rollup, FHE), many of the industry’s most profitable ventures (like CEXs, DEXs, payment systems) are dominated by Eastern players. Structural factors, such as lower capital costs in the West due to institutional backing, and cultural differences—Eastern societies being more pragmatic and battle-tested—contribute to this divide. The author concludes that Eastern KOLs shouldn’t be seen as "degenerate" but as fundamentally oppositional in approach. Success, they argue, lies in challenging Western narratives with Eastern value logic, forcing the global conversation to engage with a more grounded, critical perspective.

marsbit01/16 10:06

The Divergence in Value Logic Between Eastern and Western Crypto KOLs

marsbit01/16 10:06

Give Freedom to Money: The Flow of Information from Binance to Twitter

"Freeing Money: The Flow of Information from Binance to Twitter" by Zuo Ye Web3 argues that in the crypto era, information has become a commodified asset, while financial flows and information streams are increasingly disconnected. The author observes that platforms like Binance, despite dominating the exchange ecosystem, are struggling with "separation anxiety" as they lose control over information dissemination and face stagnating user growth. The piece critiques the crypto industry’s shift from idealistic goals like decentralization to speculative meme-driven trading, where information quality declines even as quantity explodes. Binance’s aggressive meme marketing and attempts to capture链上 (on-chain) users reflect a broader industry anxiety: the breakdown between information flow and capital movement. The author proposes a "Quantity Theory of Crypto Information" — analogous to Irving Fisher’s monetary equation — where information supply multiplied by the velocity of viewpoints equals exposure per project multiplied by the total number of projects. Yet, effective information remains hard to quantify, and the relationship between influencer content and actual trading activity is often unclear. Despite the freedom of capital movement enabled by CEXs and crypto banks, information channels are becoming more closed, fragmented by language, region, and algorithms. The author concludes that the crypto industry, if it loses its ability to set agendas and relies solely on internal capital games, risks becoming an isolated island in the broader financial world — unless it evolves to embrace mainstream, large-scale productization, as perhaps envisioned by Elon Musk’s X.

marsbit01/15 06:39

Give Freedom to Money: The Flow of Information from Binance to Twitter

marsbit01/15 06:39

After 160 Trillion Won Outflow, 3,500 Listed Companies Enter the Market

South Korea has officially ended its seven-year ban on institutional cryptocurrency investment, marking a significant regulatory shift. Starting January 12, the Financial Services Commission (FSC) now allows listed companies and professional investors—approximately 3,500 entities—to allocate up to 5% of their equity into the top 20 cryptocurrencies by market cap. This move addresses a long-standing contradiction: while South Korea has one of the world's most active retail crypto markets, institutions were previously barred from participation. The policy change is a pragmatic response to massive capital outflows, with over 160 trillion won (roughly $1.1 trillion) moved to overseas crypto exchanges by 2025. This exodus stifled local platforms and created regulatory blind spots. The reform is part of a broader strategy to integrate crypto into the formal financial system, including plans for spot crypto ETFs. The focus has shifted from blocking institutional access to creating a regulated, compliant pathway for participation. Cryptocurrencies are now being recognized as a manageable and legitimate asset class within Korea’s financial framework.

marsbit01/13 01:32

After 160 Trillion Won Outflow, 3,500 Listed Companies Enter the Market

marsbit01/13 01:32

RWA Power Map: Understanding How the Five Major Protocols 'Divide' Trillions in Institutional Capital

The institutional RWA tokenization market is rapidly approaching $20 billion, driven by yield opportunities, regulatory clarity, and infrastructure maturity. Five key protocols are leading this space, each targeting distinct institutional needs: - **Rayls Labs** focuses on privacy for banks using zero-knowledge proofs. - **Ondo Finance** dominates tokenized public stocks with $1.93B TVL and cross-chain expansion. - **Centrifuge** is the infrastructure for private credit, with $1.3-1.45B TVL and major asset manager deployments. - **Canton Network**, backed by Wall Street giants like DTCC and BlackRock, offers privacy-focused settlement infrastructure. - **Polymesh** embeds compliance at the protocol level for regulated securities. Key challenges include cross-chain fragmentation ($1.3B annual cost), privacy-transparency trade-offs, and regulatory divergence. Critical 2026 catalysts include Ondo’s Solana launch, Canton’s DTCC MVP, and Centrifuge’s $1B Grove deployment. The market is projected to reach $2-4 trillion by 2030, driven by institutional adoption across treasury bonds, private credit, and tokenized equities.

marsbit01/12 13:36

RWA Power Map: Understanding How the Five Major Protocols 'Divide' Trillions in Institutional Capital

marsbit01/12 13:36

Matrixport Research: Trading Environment Persists, But a New Uptrend Cycle Still Awaits

Matrixport Research: Trading Environment Persists, But a New Uptrend Cycle Still Requires Patience Entering 2026, Bitcoin's market dynamics differ from typical early-cycle rebounds. While recent technical indicators show signs of recovery, suggesting a tactically more positive stance, structural signals for a sustained bull market remain insufficient. Historical patterns indicate that once the price falls below the one-year moving average, it often enters a more challenging phase. Coupled with weakening capital inflows, this cycle is more probable to transition into a market environment demanding selective opportunities and strict trading discipline. On-chain data reveals that long-term holders continue to distribute their holdings in an orderly manner. Following the launch of Bitcoin spot ETFs in early 2024, "super whales" initially increased purchases during the subsequent pullback but shifted to a net selling pattern since October 2024. This group has sold approximately $61 billion worth of Bitcoin cumulatively since then, maintaining net sales over the past 30 days. This selling pressure has been largely absorbed by mid-sized whales, resulting in price action characterized by back-and-forth consolidation within a high range rather than a typical parabolic top or panic selling. A core constraint of this cycle is the lack of incremental capital. The 30-day net change in Bitcoin's Realized Cap has been declining since its peak in late 2024. Despite multiple price rebounds in 2025, the underlying fund flows had already weakened. This divergence explains the previous unsustainable rallies and indicates that the current rebound is built on a fragile foundation of capital. Furthermore, growth in new addresses has slowed, indicating a lack of new, large-scale investor participation. The price is currently near the True Market Mean Price (TMMP), suggesting limited willingness for new buyers to chase the price higher. Historically, sustained upward movements require the price to break significantly above the TMMP, confirmed by synchronized capital inflows. Without this, the price is more likely to oscillate near the TMMP. In conclusion, while the technical repair allows for a tactically positive outlook, this uptick should be viewed as a tactical rebound rather than the start of a new structural bull cycle. Bitcoin still faces core constraints like insufficient capital inflows and ongoing selling by super whales, which will likely cap upside potential. The market is expected to offer periodic, trade-specific opportunities rather than a smooth trending market. In this environment, risk management and discipline should take precedence over long-only buy-and-hold strategies.

marsbit01/09 09:53

Matrixport Research: Trading Environment Persists, But a New Uptrend Cycle Still Awaits

marsbit01/09 09:53

Vietnam Sets Deadline for Pilot Crypto Exchange Licences by Mid-January

Vietnam is advancing cautiously into the digital asset space by planning to license pilot cryptocurrency exchanges under a sandbox framework before January 15, 2026. This follows the enactment of the Law on Digital Technology Industry in effect since January 1, 2026. The government, led by Prime Minister Pham Minh Chinh, has set strict criteria for licensing, including a minimum capital requirement of approximately $400 million and at least 65% institutional ownership from qualified entities like banks or securities firms. These institutions must also demonstrate two consecutive profitable years and clean audits. Multi-agency oversight will be implemented to monitor operations, money flows, anti-money laundering risks, and cybercrime, ensuring a tightly controlled initial crypto environment. Only about five companies are expected to be licensed initially.

TheNewsCrypto01/08 15:12

Vietnam Sets Deadline for Pilot Crypto Exchange Licences by Mid-January

TheNewsCrypto01/08 15:12

Bitcoin’s January rally comes to a halt, but liquidity signals could save it again

Bitcoin's January rally paused after reaching a local high of $94.7k, with a slight retracement to $92.5k. Analysts had anticipated a possible pullback toward $80.6k due to liquidation levels above $94.5k and below $84k. Despite short-term downside risks, liquidity indicators remain constructive. Stablecoin inflows and a falling BTC price in December boosted buying power, with the ratio recovering in January suggesting capital deployment. Net capital flows turned weakly positive by early January, with realized profits slightly exceeding losses. The profit/loss ratio rose to 1.78, and declining BTC supply coupled with strong ETF inflows support potential gains in the coming weeks. Bitcoin is up 6% in January, though December's losses haven't been fully offset.

ambcrypto01/07 06:01

Bitcoin’s January rally comes to a halt, but liquidity signals could save it again

ambcrypto01/07 06:01

Curve Governance Upheaval: 17 Million CRV Funding Proposal Rejected, Capital Entities Become New Decision-Making Core

A significant governance proposal within the Curve DAO, requesting 17 million CRV in funding for development team Swiss Stake AG, was recently rejected. Major veCRV holders, including Convex and Yearn, voted against the proposal, effectively blocking its passage. The rejection reflects two key concerns within the community: a demand for greater transparency and accountability regarding the use of previous grants and future spending plans, and a reluctance from large token holders to dilute the value of their veCRV holdings without a clear, direct return on investment. The article highlights a shift in DeFi governance, moving away from a model of automatic funding approval. It contrasts the veToken model, used by Curve, with standard governance systems. The ve model binds voting power to long-term token lock-ups, attracting capital-heavy players focused on long-term gains. This, combined with the prevalence of vote-aggregating protocols like Convex, is centralizing decision-making power with large capital providers rather than the broader community or even project founders. The outcome of this vote suggests that future governance power in Curve may lie primarily with these major stakeholders.

marsbit12/26 16:03

Curve Governance Upheaval: 17 Million CRV Funding Proposal Rejected, Capital Entities Become New Decision-Making Core