# Сопутствующие статьи по теме Strategy

Coinbase pushes ‘everything exchange’ strategy with stock trading – Details

Coinbase has expanded into stock trading for U.S. users, allowing them to buy and sell equities using USDC within its app. This move integrates traditional stocks with crypto under one account, wallet, and transaction history. The rollout is part of Coinbase’s broader strategy to become a multi-asset platform, reducing reliance on crypto trading and competing with brokerages like Robinhood. The company also plans to offer event-based contracts and tokenized stocks for 24/7 trading. Despite regulatory uncertainties around event contracts, Coinbase aims to simplify portfolio management and diversify its product offerings beyond cryptocurrency.

ambcrypto12/18 17:02

Bitfinex Launches Zero-Fee Trading, Leveraging Long-Term Profitability to Accelerate Global Crypto Asset Adoption

Bitfinex, a leading global cryptocurrency exchange, has announced a major update to its fee structure, eliminating all trading fees for spot, margin, perpetual swaps, tokenized securities, and OTC trades for both makers and takers. The move is positioned as a long-term strategic shift, not a short-term promotion, and is made possible by the platform's sustained profitability and robust financial management since its founding in 2012. By removing fees, Bitfinex aims to set a new industry benchmark, improve market liquidity, and significantly lower the barrier to entry for users engaging with crypto assets. The exchange believes this will attract new users while rewarding existing ones, reinforcing its position as a cost-effective platform. With over 250 spot trading pairs and 60+ perpetual contracts, Bitfinex emphasizes its commitment to advancing financial freedom and accessibility through its mature technology and diverse business structure.

深潮12/18 09:25

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

Strategy Scoops Up 10,000 BTC in a Single Week: Is Market Supply Running Low?

In a significant market move, investment firm Strategy purchased over 10,000 BTC (worth approximately $900 million) in a single week, reinforcing its position as one of the world’s largest Bitcoin holders with a total of 671,000 BTC valued at over $50 billion. This aggressive accumulation has raised questions about Bitcoin’s actual available supply. Although 19.96 million BTC (95% of the total 21 million cap) have been mined, the truly liquid supply is far smaller. An estimated 30% of Bitcoin is held long-term without movement, and around 20% is likely permanently lost. Additionally, exchange reserves have dropped to multi-year lows, reducing immediately tradable supply. Key institutional players include 153 companies with non-zero BTC balances—29 of which are public firms holding 1.082 million BTC. Strategy alone accounts for 671,000 BTC (62% of corporate holdings). Bitcoin ETFs hold about 1.311 million BTC, led by BlackRock, Fidelity, and Grayscale. Governments hold approximately 615,000 BTC, with the U.S. and China as top holders. Around 3.409 million BTC haven’t moved in over a decade, with at least 2.14 million considered permanently inaccessible due to lost keys—including an estimated 1 million BTC possibly owned by Satoshi Nakamoto. With rising institutional demand and shrinking liquid supply, the market is experiencing structural tightening, potentially driving future price dynamics as available BTC becomes scarcer.

比推12/17 15:15

Strategy Scoops Up 10,000 BTC in a Single Week: How Much is Left to Buy on the Market?

In the past week, the publicly traded company MicroStrategy (referred to as "Strategy" in the text) purchased over 10,000 BTC, valued at more than $900 million, reinforcing its position as one of the world's largest institutional Bitcoin holders with a total of 671,000 BTC worth over $50 billion. This aggressive accumulation occurs despite a declining Bitcoin price and the company's mNAV falling below 1. This buying spree raises a critical question: how much Bitcoin is truly available for purchase on the market? While 19.96 million BTC have been mined (95% of the total 21 million cap), the actual liquid supply is far smaller. An estimated 30% of Bitcoin is considered "dormant," and around 20% is presumed permanently lost. Furthermore, institutional holdings from corporations, ETFs, and national funds are rapidly absorbing available supply, withdrawing it from active circulation. Exchange balances have also plummeted to multi-year lows, standing at approximately 2.49 million BTC, indicating a sharp contraction in immediately sellable "float." Key data points on illiquid supply: * Long-term holders control ~14.35 million BTC (over 70% of supply). * 153 corporations hold Bitcoin, with 29 public companies holding 108.2K BTC. MicroStrategy alone holds 671K BTC, 62% of the corporate total. * Spot Bitcoin ETFs hold ~1.31 million BTC. * National governments hold ~615,000 BTC. * An estimated 2.14 million BTC (including ~1.08 million from 2009) are likely permanently lost due to lost private keys. The combination of massive institutional demand and a structurally shrinking liquid supply is creating a scenario of increasing scarcity, potentially signaling a major shift in market dynamics.

marsbit12/17 13:36

Strategy Scoops Up 10,000 BTC in a Single Week: How Much Is Left to Buy on the Market?

Strategy, a major long-term Bitcoin holder, has significantly increased its BTC holdings by over 10,000 BTC (worth $900 million) in a single week, despite a declining market and its mNAV falling below 1. This brings its total holdings to approximately 671,000 BTC, valued at over $50 billion, reinforcing its position as one of the world's largest institutional Bitcoin holders. This aggressive accumulation raises questions about the actual available supply of Bitcoin on the market. While 19.96 million BTC have been mined (95% of the total 21 million cap), the truly liquid supply is far smaller. An estimated 30% of Bitcoin is held long-term in "dormant" wallets, and around 20% is presumed permanently lost. Furthermore, institutional ownership from public companies, ETFs, and national funds is rapidly growing, and exchange balances have hit multi-year lows, indicating a shrinking pool of immediately sellable "float." Key data points on illiquid supply: - Long-term holders possess ~14.35 million BTC (over 70% of circulating supply). - 153 corporations hold BTC, with 29 public companies accounting for 1.082 million BTC. Strategy alone holds 671,000 BTC, representing 62% of that corporate total. - Spot Bitcoin ETFs hold ~1.311 million BTC, led by BlackRock (777,000 BTC) and Fidelity (202,000 BTC). - Governments hold ~615,000 BTC, with the U.S. (325,000 BTC) and China (190,000 BTC, per Glassnode) as the largest holders. - ~3.409 million BTC haven't moved in over a decade, with at least ~2.14 million BTC (including ~1 million attributed to Satoshi Nakamoto) considered permanently lost. With only ~2.49 million BTC left on exchanges (a multi-year low), the report concludes that the available supply is structurally shrinking as institutional buying pressure intensifies and long-term holders continue to accumulate, potentially leading to a significant shift in market dynamics.

Odaily星球日报12/17 13:25

Selling Assets While Racing for a Bank Charter: What's the Rush at PayPal?

Facing intense pressure from the shifting financial landscape, PayPal is making two seemingly contradictory moves: selling off $7 billion in "Buy Now, Pay Later" loan assets while simultaneously applying for an industrial bank charter (ILC) to establish "PayPal Bank." The core reason is a strategic pivot to escape the vulnerabilities of its current "rent-a-license" model. For years, PayPal's massive lending business relied on WebBank's charter, making it a "middleman" whose core operations were dependent on a partner. A recent crisis involving a similar intermediary, Synapse, which froze user funds, highlighted the extreme risk of this model. Furthermore, in a high-interest-rate environment, PayPal is missing out on billions in profit by parking its 430 million users' funds at partner banks instead of leveraging them as low-cost deposits to earn interest and lending revenue itself. The urgency is amplified by the existential threat of stablecoins. PayPal's own stablecoin, PYUSD, is issued by a partner, Paxos. As regulators move to grant such partners official banking status and new legislation like the GENIUS Act takes shape, control over stablecoin issuance—and its near-zero-fee model—is shifting to licensed entities. This directly threatens PayPal's core business, which relies on high transaction fees for e-commerce payments. To survive, PayPal must control the entire financial stack. The asset sale was a crucial prerequisite for the bank application. By offloading the risky loan assets, PayPal presented a "clean" balance sheet to regulators (the FDIC), drastically increasing its chances of approval for the highly coveted ILC charter. This charter is a rare "backdoor" that allows commercial companies like PayPal to operate a bank without the parent company becoming a heavily regulated bank holding company. PayPal is racing against time. Regulatory scrutiny on ILCs is increasing, and this window of opportunity may soon close. The bank charter is not just about loans; it's an option for the future—allowing PayPal to legally custody crypto assets, connect to DeFi protocols, and transform from a payment processor into a full-scale asset manager for the Web3 era. This is a desperate bid for survival: to become the J.P. Morgan of crypto or risk becoming a relic of the early internet.

marsbit12/17 10:15

Strategy Resumes Spending Billions on Bitcoin. How Its Reserve Has Grown

MicroStrategy, the largest corporate holder of Bitcoin, has significantly increased its reserves, purchasing nearly $2 billion worth of Bitcoin in the first half of December. On December 15, the company reported buying 10,645 BTC for $980.3 million, following a $962.7 million purchase the previous week. This brings its total holdings to 671,268 BTC, representing over 3% of Bitcoin's total supply. Since 2020, MicroStrategy has spent approximately $50.33 billion on Bitcoin, with an average purchase price of $74,972 per BTC. The company funded these acquisitions primarily through the issuance of additional MSTR shares and other preferred shares. Despite its stock trading 53% below its July peak, MicroStrategy continues its strategy of accumulating Bitcoin using debt and equity financing. Additionally, MicroStrategy has established a $1.4 billion dollar reserve to cover investor obligations, a move analysts interpret as preparation for a potential "crypto winter." This strategy has inspired other companies, termed Digital Asset Treasuries (DAT), such as BitMine—the largest corporate holder of Ethereum—which also reported increasing its ETH reserves to 3.97 million coins.

RBK-crypto12/15 15:39

Bitcoin Rally May Have Ended, Beware of Adjustment Risks | Invited Analysis

BTC Rebound Likely Over, Correction Risk Ahead | Weekly Analysis by Conaldo The three-week Bitcoin rebound shows signs of exhaustion, with weakening bullish momentum. The market faces key resistance levels, suggesting a potential short-term pullback to test lower supports, possibly initiating a second wave of decline. Last week, three short positions were executed following a "sell the rally" strategy within the defined 94,200–83,500 USD range, yielding a total return of 6.15%. Key technical models (Momentum Quant + Spread Trading) identified precise entry and exit points near resistance. Weekly and daily technical analysis indicates the market has turned bearish on higher timeframes. The momentum model shows signals of a bearish crossover forming on the daily chart, confirming the rebound is losing strength. This week’s outlook is bearish-biased. If support at 87,500–89,000 USD fails, a move toward 80,000–83,500 is anticipated. Resistance is expected at 92,500–94,500 USD. Two short-term trading plans are proposed based on whether support holds or breaks. Key macro events this week include Fed speeches and U.S. November CPI data. A lower CPI may support risk assets, while higher inflation could strengthen the dollar and pressure BTC. Risk management is emphasized: set stop-losses immediately at entry, move to breakeven at +1% profit, and trail stops to lock in gains thereafter. Disclaimer: Views are based on technical analysis and personal strategy, not investment advice. Trade with caution. DYOR.

Odaily星球日报12/15 05:33

12.12 Today's Market: Why the Rise? BTC\SOL\ETH\BNB\ZEC\PIEVERSE\Bee Dog\Hakimi Operation Analysis

金色财经12/12 07:10