# Сопутствующие статьи по теме Leverage

NYSE Launches 24/7 Tokenized Stock Trading: Which Crypto Businesses Will Directly Benefit or Suffer?

The New York Stock Exchange (NYSE) has announced plans to launch a tokenized securities trading and on-chain settlement platform supporting 24/7 trading of U.S. stocks and ETFs, fractional shares, stablecoin-based settlements, and instant settlement. This move is expected to have significant implications for the crypto industry. Potential beneficiaries include compliant U.S. stablecoins like USDC, which could be chosen for settlements, boosting their adoption. Leveraged stock-to-crypto trading platforms (e.g., Hyperliquid) may benefit from improved hedging opportunities due to aligned 24/7 trading hours. Perpetual swap and basis trading protocols (e.g., Ethena) could gain new, high-quality assets for arbitrage strategies. Selected infrastructure providers, such as blockchains and oracles, may also see growth, though traditional finance connections will be crucial. Conversely, existing crypto-native stock tokenization platforms face direct competition from the NYSE's superior regulatory backing and promise of equal dividends and governance rights. Spot stock-to-crypto trading platforms are particularly vulnerable and may need to pivot to offshore markets or derivatives to survive. Overall, while the NYSE's entry threatens some crypto-native businesses, it highlights the growing value of crypto's unique strengths: stablecoin infrastructure, leveraged trading, and on-chain financial engineering. Competition will intensify, but new opportunities will emerge.

Odaily星球日报01/20 02:13

Crypto markets slide as Bitcoin dips below $93K amid liquidations and tariff-driven uncertainty

Crypto markets declined as Bitcoin fell below $93K, triggering over $602 million in long liquidations. Major tokens like Ethereum and Solana also dropped 2-3%, with total market cap down over 2% to $3.14T. Thin holiday liquidity in the U.S. and macro uncertainty—driven by tariff rhetoric and geopolitical tensions—amplified the sell-off. Market sentiment turned neutral (Fear & Greed Index at 45), but Bitcoin remains above key long-term supports. The pullback appears driven by leverage unwinds and external risk factors rather than fundamental weakness.

ambcrypto01/19 16:10

Why Do I Feel Less Valuable the More I Use AI?

The article discusses the "Zhang Wenhong Paradox," named after a prominent Chinese doctor who refuses to integrate AI into hospital medical records. He argues that while he can leverage AI to review cases and spot its errors due to his decades of experience, young doctors who rely on AI from the start risk never developing the independent clinical judgment needed to verify AI's output. This highlights a broader anxiety among skilled professionals (programmers, lawyers, analysts): as AI handles 80% of execution work, they fear their remaining 20% of value may not justify their professional worth. The core argument is that AI acts as a multiplier: it amplifies existing skills (10x) but cannot compensate for a fundamental lack of understanding (0 x 10 = 0). True skill in the AI era is redefined as judgment—the ability to define problems, think structurally, and verify AI outputs. The author warns against outsourcing thinking to AI; clear, structured input is crucial to avoid "garbage in, garbage out." Furthermore, AI tends to output average, consensus-based answers, so deep, first-principles understanding is needed to challenge its suggestions and avoid mediocrity. Historically, tools like computers transformed professions (e.g., lawyers shifted from finding cases to crafting strategies). Similarly, AI is shifting human roles from "doers" to "validators" and "commanders" who integrate macro-strategy with micro-verification. The conclusion: this is the best era for independent thinkers who can leverage AI as a powerful tool, but it requires building a solid foundation of expertise to avoid becoming mere operators of the technology. The key is to "compete with AI in setting questions, not answering them."

marsbit01/19 12:08

MACD Real Backtest: Can Technical Indicators Lead You to Profit?

Based on a comprehensive 5-year backtest of the MACD trading strategy on BTC and ETH, this analysis delivers a sobering reality check for traders. The key finding is that 90% of short-term trading activity, particularly lower timeframes (15m, 30m, 1h), underperforms a simple "buy and hold" strategy due to transaction costs, noise, and psychological strain. The "benchmark" returns for simply holding the assets were +48.86% for BTC and +53.00% for ETH. The data reveals that MACD strategy performance is highly dependent on timeframe and leverage: * **Short Timeframes (15m, 30m, 1h):** Nearly all configurations resulted in significant losses or complete liquidation (-100%), severely underperforming the buy-and-hold benchmark. * **4-Hour Timeframe:** This was the only timeframe where the MACD strategy consistently generated alpha. * **BTC 4h (1x leverage):** ~+96% return, successfully outperforming buy-and-hold by avoiding major bear markets. * **ETH 4h (1x leverage):** ~+205% return, dramatically outperforming its buy-and-hold benchmark due to ETH's strong trend-following characteristics. * **Leverage Impact:** Leverage (2x, 3x) on the 4h timeframe amplified these gains effectively (e.g., ETH 4h 3x leverage yielded +552%). However, higher leverage (5x) often led to diminished returns due to funding fees and volatility decay, despite increased risk. The "Death Matrix" of results shows that short-term, high-leverage trading is akin to gambling" with a near-certain outcome of failure. The final recommendation is clear: for most investors, a buy-and-hold strategy is superior to active trading on low timeframes. For those seeking to outperform, the only viable approach is applying moderate leverage (2x-3x) exclusively on the 4-hour timeframe, with ETH presenting the best opportunity for significant excess returns.

marsbit01/17 08:45

Bitcoin sees $1.68B in weekly buys – Is BTC supply drying up?

Weekly Bitcoin demand surged with $1.68 billion in spot ETF inflows and significant institutional accumulation, tightening available supply. BTC held above key support near $94,000, with improving momentum and positive funding rates reflecting renewed confidence. The MVRV ratio indicated solid profitability without extreme greed, while top trader positioning leaned long without crowding. Market structure suggests a transition from consolidation to potential upward expansion, supported by disciplined leverage and sustained institutional demand.

ambcrypto01/16 18:03

Ethereum: Will $43M ETH whale move test THIS danger zone?

ambcrypto01/16 15:02

Is Ethereum at risk as $3B in leverage builds before the FOMC?

Ethereum experiences a 3% pullback from its weekly high of $3.4k but remains 7% up from the week's open, indicating a potential healthy reset rather than weakness. Speculative interest is high, with $3 billion added to ETH's Open Interest and a 60% long skew on Binance. Despite market uncertainty ahead of the FOMC meeting, Ethereum shows strong fundamentals: record daily transactions of 2.8 million and an all-time high of 393k new wallets, suggesting growing network activity and fresh capital inflow. This underlying strength provides support amid current market conditions.

ambcrypto01/16 09:01

Bitcoin – Identifying the risks to BTC’s leverage-driven price rally

ambcrypto01/16 07:03

The Harsh Truth of Leveraged DCA: When Math Collides with Human Nature

The article "The Harsh Truth of Leveraged DCA: When Math Meets Human Nature" examines the risks and realities of leveraged Bitcoin dollar-cost averaging (DCA) strategies through a five-year backtest. Using an initial investment of $18,250 with weekly contributions, the study compares three strategies: spot DCA, 2x leveraged DCA, and 3x leveraged DCA. While the 3x leverage eventually yielded the highest final balance at $68,833, it only outperformed the 2x leverage ($66,474) by a marginal 3.5%—far less than the gain from moving from spot ($42,717) to 2x leverage. The key insight is the severe downside: a 95.9% max drawdown for 3x leverage, requiring a 2400% recovery to break even, compared to 85.9% for 2x and 49.9% for spot. The "ulcer index," measuring psychological stress, was significantly higher for leveraged strategies (0.51 for 3x vs. 0.15 for spot). The underperformance of high leverage is attributed to volatility drag—daily rebalancing in volatile markets erodes capital through buy-high, sell-low mechanics. The article concludes that spot DCA offers the best risk-adjusted returns (Sharpe and Sortino ratios) and psychological sustainability, while 3x leverage is inefficient and perilous over the long term. True wealth accumulation requires discipline and time, not unsustainable leverage.

marsbit01/16 05:54

XRP ETF demand builds, so why does price action remain muted?

XRP is experiencing significant institutional accumulation, evidenced by a $10.63 million single-session ETF inflow and consistent exchange outflows, signaling strong demand and reduced immediate selling pressure. Despite these bullish fundamentals, the price remains muted and confined within a descending channel on the daily chart. Key technical indicators like the RSI show stabilizing momentum, while a rising NVT ratio suggests the valuation may be slightly stretched relative to on-chain activity. Additionally, a sharp decline in funding rates indicates a reset in leverage, reducing liquidation risk and favoring stability. For a sustained rally to occur, XRP must first achieve a decisive technical breakout from its current corrective structure.

ambcrypto01/16 04:07