# 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.

Digital Asset Vaults Lose Their Luster: Twenty One's Stock Plunges 20% on First Trading Day

Twenty One Capital, a Bitcoin-focused treasury company backed by Tether and SoftBank, saw its shares plunge approximately 20% on its first day of trading on the New York Stock Exchange. The sharp decline reflects investor skepticism toward the valuation and business model of Bitcoin treasury companies amid a significant cryptocurrency market downturn. The company, led by 31-year-old CEO Jack Mallers, holds around 43,500 BTC. However, Bitcoin holdings have fallen over 25% since October’s all-time high near $126,000, putting pressure on the "digital asset treasury" (DAT) model. Despite its large Bitcoin reserve and strong backers, investors remain cautious due to unclear revenue paths and heavy reliance on Bitcoin’s volatile price. Twenty One went public via a merger with SPAC Cantor Equity. Unlike traditional companies, its valuation is almost entirely tied to its Bitcoin holdings, using metrics like "Bitcoin per Share" (BPS). Yet, the firm has not detailed how it will generate sustainable profits beyond holding Bitcoin. The sell-off reflects broader pressures on crypto-linked stocks. Other Bitcoin-heavy companies like Metaplanet, Trump Media, and Empery Digital also face millions in unrealized losses and falling share prices as Bitcoin corrects. The debut underscores high volatility and valuation risks in crypto investing. Despite innovation and institutional support, long-term viability requires transparent business models and clear profitability strategies—lessons even high-profile crypto firms must heed.

cointelegraph_中文12/11 23:16

Digital Asset Vaults Lose Their Luster: Twenty One's Stock Plunges 20% on First Trading Day

cointelegraph_中文12/11 23:16

Don't Lose Heart in Crypto, Be a Pragmatic Optimist

Nic Carter, co-founder of Castle Island Ventures, responds to Ken Chan’s pessimistic essay “I Wasted 8 Years of My Life in Crypto” by arguing for a pragmatic and optimistic outlook on the crypto industry. While acknowledging that Chan’s critique—that crypto has devolved into a massive speculative casino rather than a decentralized financial system—contains truth, Carter contends that the industry still holds meaningful purpose. Carter identifies five core visions driving crypto: restoring sound money (e.g., Bitcoin as a global monetary asset), encoding business logic via smart contracts, making digital property real (e.g., NFTs and Web3), improving capital market efficiency, and expanding global financial inclusion. He admits that many early idealistic expectations—such as hyperbitcoinization or revolutionary digital ownership—have not materialized, and that much of the current activity involves speculation, memecoins, and gambling. However, Carter advocates for “pragmatic optimism.” He argues that speculative excess and financial nihilism are unfortunate but inevitable byproducts of building permissionless, open financial infrastructure. The key is to focus on the real, albeit gradual, progress: Bitcoin’s adoption, functional stablecoins, decentralized exchanges, and improved financial access in developing regions—without succumbing to either utopian fantasies or cynical despair.

marsbit12/11 21:43

Don't Lose Heart in Crypto, Be a Pragmatic Optimist

marsbit12/11 21:43

Strategy Takes a Hardline Stance Against MSCI: What's in the 12-Page Open Letter of Defense?

In October 2024, MSCI proposed excluding companies with over 50% of their assets in digital assets from its global investable market indices, directly threatening Digital Asset Treasury (DAT) companies like MicroStrategy. Analysts warned this could trigger up to $8.8 billion in outflows, with MicroStrategy alone facing $2.8 billion in passive selling pressure. In response, MicroStrategy submitted a 12-page public letter to MSCI, strongly opposing the proposal as "misleading and destructive." The company argued that digital assets represent a revolutionary financial technology, comparable to historic infrastructure investments like oil or telecommunications. It emphasized that DATs are operational businesses with active revenue models, not passive funds, and criticized the 50% threshold as arbitrary, discriminatory, and impractical due to Bitcoin's volatility. MicroStrategy also accused MSCI of violating index neutrality and contradicting the U.S. government's pro-digital asset strategy. The company demanded MSCI withdraw the proposal or extend the consultation period. It is not alone—over 300 entities, including Strive and Bitcoin for Corporations, have joined opposition efforts, suggesting alternative indices instead of exclusion. The outcome, expected by January 2026, will significantly impact the integration of digital asset companies into traditional financial markets.

marsbit12/11 19:52

Strategy Takes a Hardline Stance Against MSCI: What's in the 12-Page Open Letter of Defense?

marsbit12/11 19:52

Dogecoin Price Forecast for 2026: The Path to $1 Amid Meme Rally

Dogecoin (DOGE) is back in the spotlight as retail traders return to the meme segment. Analysts express cautious optimism, suggesting that under favorable conditions, including a continued bull market and increased risk appetite, DOGE could potentially reach the $1 mark in 2026. The price is currently consolidating after volatile swings, with significant trading volumes indicating ongoing speculative interest. Key drivers remain its meme narrative, support from high-profile figures, and its correlation with Bitcoin's cycles. The path to $1 is not linear. DOGE must hold key support levels, sustain derivatives interest without overheating, and receive fresh meme-driven momentum. Technical analysis highlights the importance of watching RSI levels and volume for signs of sustainable growth versus short-term pumps. Alongside DOGE, newer, more aggressive meme tokens like Maxi Doge (MAXI) are gaining attention. Having raised approximately $4.3 million in its presale, MAXI offers high-risk, high-reward speculation with features like staking rewards and trading tournaments. While it could amplify portfolio returns during a rally, it carries significant risks associated with early-stage projects, unlike the more established DOGE. The overall strategy for many investors is to combine a core position in DOGE with a smaller, speculative bet on tokens like MAXI to capitalize on the potential meme rally.

bitcoinist12/11 19:40

Dogecoin Price Forecast for 2026: The Path to $1 Amid Meme Rally

bitcoinist12/11 19:40

"The Market in Russia is Only Just Emerging": Anton Popov on Sber's Crypto Strategy

Sberbank is increasing its activity in the digital finance sector, offering clients investment products linked to crypto assets and developing its own blockchain platform. In an interview, Deputy Chairman Anatoly Popov discussed the bank's strategy, which is focused on expanding its range of digital financial assets (DFAs), participating in the development of regulations for decentralized finance (DeFi), and integrating with public blockchains. Sber is in constant dialogue with Russian regulators to build a secure infrastructure. It currently offers qualified investors products like structured bonds and DFAs that provide exposure to cryptocurrencies like Bitcoin and Ethereum within the Russian legal framework, with a total issuance volume of 1.5 billion rubles. The bank sees these regulated, ruble-based products as a safer alternative to direct purchases on unregulated crypto exchanges. While Sber plans to be an active player and liquidity provider on future regulated crypto platforms, it will act conservatively, prioritizing client interests and financial system stability. It does not view crypto as a vehicle for its own speculative investments. Looking forward, Sber believes a key trend is the convergence of traditional finance and DeFi. Its in-house blockchain lab has evolved into a full product unit, and its proprietary platform for issuing DFAs is already operational. The bank is exploring tokenization of real-world assets like movable property and shares in LLCs, pending new legislation. For the future, Sber anticipates the institutionalization of blockchain technology. Bitcoin will likely remain a core asset, while networks like Ethereum will form the technological base for tokenization and smart contracts. A crucial step is the legalization of a broad range of blockchain-based digital assets, starting with pilot projects to demonstrate utility and manage risks. The bank is interested in stablecoins and their potential future use in the Russian legal field, emphasizing the need for collaborative work with the central bank.

RBK-crypto12/11 11:16

"The Market in Russia is Only Just Emerging": Anton Popov on Sber's Crypto Strategy

RBK-crypto12/11 11:16

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