# Сопутствующие статьи по теме Crypto

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

2025 Year-End Final Exam: Crypto Asset Allocation Guide After the FOMC Decision

Crypto markets face a critical juncture in late 2025. Bitcoin hovers near $90,000, with the Fear & Greed Index at 25 (Extreme Fear) and short-term holder capitulation at historic highs. The December FOMC meeting delivered an expected 25bps rate cut but adopted a hawkish tone, projecting only one more cut in 2026, causing a brief BTC sell-off. However, the Fed also initiated a $40B/month Reserve Management Purchases (RMP) plan, a form of "stealth QE" injecting liquidity. Key themes emerge: - **Macro Impact**: Hawkish guidance creates short-term pressure, but ending QT and launching RMP set the stage for a 2026 liquidity surge, historically bullish for crypto. - **Institutional Shift**: 2025 marked a pivot to institutional dominance. While BTC remains core, portfolios are diversifying into ETH, Solana, stablecoins, and tokenized real-world assets (RWA). Pension and sovereign wealth funds are increasing exposure. - **Historical Pattern & On-Chain Data**: A potential "Santa Low-Chinese New Year Rally" pattern is anticipated due to seasonal liquidity shifts. On-chain metrics signal a likely bottom: massive STH capitulation, declining exchange reserves, and valuation indicators (MVRV Z-Score, Puell Multiple) in historic buy zones. The confluence of extreme fear, strong underlying accumulation signals, and impending macro liquidity shifts presents a strategic entry point for long-term investors, framing the current pullback as a mid-cycle correction within a broader upward trend.

marsbit12/18 07:13

2025 Year-End Final Exam: Crypto Asset Allocation Guide After the FOMC Decision

marsbit12/18 07:13

HashKey Supports Nighttime Currency Exchange, Becoming First Licensed Exchange to Fully Enable 24/7 Fiat Conversion

Hong Kong's licensed virtual asset exchange platform, HashKey Exchange, has announced the launch of overnight USD-HKD currency exchange services, making it the first licensed platform in Hong Kong to offer round-the-clock fiat currency conversion for both retail and institutional clients. This upgrade allows users to enjoy near-native crypto market liquidity at any time of day. Previously, currency exchanges were limited to banking hours, restricting institutions from hedging overnight and individuals from transferring funds promptly. With the new service, HashKey will process conversion requests outside regular banking hours, enabling seamless transactions without delays. As a licensed platform, all funds used in overnight exchanges are fully segregated from operational funds and monitored in real-time to ensure security. The move enhances Hong Kong’s digital finance infrastructure, providing both institutional and retail users with continuous, regulated, and reliable conversion services. Randall Chan, Managing Director of HashKey Exchange, stated that fiat liquidity has been a major barrier for institutional entry into digital assets. Overnight conversion reduces time constraints for hedging, transfers, and settlements, allowing secure capital flow at all hours. The platform aims to further integrate trading, deposits/withdrawals, custody, and settlement into a comprehensive liquidity infrastructure.

深潮12/18 04:50

HashKey Supports Nighttime Currency Exchange, Becoming First Licensed Exchange to Fully Enable 24/7 Fiat Conversion

深潮12/18 04:50

VC "Dead"? No, the Industry is Undergoing a Brutal Shakeout

The article addresses the prevailing sentiment that "VC is dead" in the crypto industry, arguing that while some venture capital firms have indeed failed, the sector as a whole is not dying but undergoing a severe shakeout. The author, a former VC investor, states that many Asian VCs have been hit hardest, with top firms shutting down or scaling back significantly. Even second- and third-tier Western VCs are now facing similar challenges, marked by reduced investment pace and difficulty in exiting portfolios. This downturn is seen as a delayed effect of the 2022 market collapse, exacerbated by broken four-year cycle expectations, overvalued deals, and extended token lockups that strain returns. However, the piece contends that VCs won’t disappear entirely. They remain essential for funding early-stage projects and supporting innovation. Well-vetted VC backing has been behind nearly all major successful crypto projects, and quality ventures continue to attract interest. The industry is moving toward a maturity phase with higher barriers to entry—akin to Web2. VCs will need stronger reputations and expertise to compete. Projects are increasingly judged by real user adoption and revenue, not just narratives or token launches. Hyperliquid and Polymarket are cited as examples of projects that built sustainable traction before launching tokens. Despite current challenges, the author remains optimistic: top talent continues to enter the space, and foundational areas like stablecoins, prediction markets, and AI-driven economies hold promise. While the barrier to success is higher than in previous cycles, Web3 remains a land of opportunity—especially when compared to the hyper-competitive Web2 environment.

marsbit12/18 03:04

VC "Dead"? No, the Industry is Undergoing a Brutal Shakeout

marsbit12/18 03:04

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