Author: 行政

A megawatt leased to an AI tenant now commands a different price on Wall Street than a megawatt sitting in a Bitcoin miner’s pipeline, and the distance between the two has become the central pricing question for the entire sector.VanEck’s latest framework for valuing publicly traded miners shows that companies with signed AI and high-performance computing leases trade at more than 10 times gross energy output, while miners with little or no contracted capacity trade at roughly 2 to 6 times that metric.Investors have started treating leased megawatts as a distinct, more valuable asset class than mined Bitcoin or unsold…

A trading desk facing a possible $1 million loss if a specific tariff takes effect by the third quarter typically hedges that risk through currency or commodity proxies, instruments that move with the broader noise around a tariff decision.A prediction market contract skips the proxy by letting the desk buy I heard it the other day and can’t stop listening to it. “Yes” shares on whether the tariff is implemented by the third quarter, paying roughly $0.10 per share for a contract that pays $1 if the event resolves true.Offsetting the full $1 million loss on a net basis requires…

Iran’s foreign minister said negotiations with the US will begin the same day both countries sign a memorandum of understanding, with a 60-day window afterward to resolve the nuclear issue and secure sanctions relief.Bitcoin reacted to the framework itself, a memorandum signed before any of its harder terms were settled. Brent crude fell about 5% to $78.96, and WTI settled at $76.05, both near three-month lows, as traders priced in the reopening of the Strait of Hormuz and renewed Iranian oil exports.The Strait of Hormuz carried about 20% of global oil and petroleum product consumption and more than a quarter…

Jamie Lawrence Powrie has been granted strict bail conditions, including house arrest, while facing multiple criminal charges linked to alleged proceeds of crime. Prosecutors allege cryptocurrency connected to unlawful activity was used to purchase the Surfside home where he was arrested. The defence cited court delays and the technical nature of the case, with Powrie due back before the court on 27 July. A Surfside man facing serious criminal allegations connected to an alleged $5.7 million Bitcoin haul has secured conditional bail and will remain under house arrest while court proceedings continue. Jamie Lawrence Powrie, aged 39, is accused of…

Binance’s reported failure to secure a MiCA licence in Greece could prevent it from legally serving EU customers from July. The case highlights the significance of the EU’s new crypto regulatory regime, which requires firms to obtain approval by 30 June. Binance maintains its application meets regulatory requirements and says it will provide further guidance before the deadline. Europe’s new cryptocurrency regulatory framework is set to deliver a major test for Binance, with reports suggesting the exchange’s application for a MiCA licence may be rejected by Greece’s market regulator. The decision could jeopardise Binance’s ability to continue serving customers across…

Squid integrated Ripple’s RLUSD, connecting the stablecoin to more than 100 blockchains and over 20,000 digital assets through a single routing layer. Users can swap assets such as USDC, USDT, ETH and XRP directly into RLUSD without manual bridging or token wrapping across separate transactions. RLUSD carries a market capitalisation of about US$1.6 billion, and five XRP-ecosystem protocols have already integrated Squid. Cross-chain platform Squid has integrated Ripple’s RLUSD stablecoin, enabling users to swap into and out of the token across more than 100 blockchains and over 20,000 digital assets in a single transaction. The integration routes assets such as…

Tokenised real-world assets reached about US$43 billion (AU$61.06 billion) on Token Terminal’s tracker, a roughly 37% rise over the past 180 days. Tokenised funds account for close to 80% of the market, with Ethereum hosting 57.8% of all tokenised value across blockchains. A rival tracker, RWA.xyz, puts the market below US$33 billion (AU$46.86 billion), with the gap reflecting differing methodologies for what counts as a tokenised asset. Tokenised real-world assets have surged past US$43 billion (AU$61.06 billion) on Token Terminal’s tracker, rising about 37% over the past six months as traditional financial products increasingly move onto blockchain networks. The expansion…

The United States Mint will release three Liberty Bell-shaped products, including two high-denomination gold coins and a silver medal produced in extremely limited quantities to mark America’s 250th anniversary. U.S. Mint images show the Liberty Bell-shaped one-ounce gold coin and half-ounce silver medal Sales of the three limited-edition products will open at noon ET on Thursday, July 16, with the following details: The three proof releases weigh one ounce, one-half ounce and one-half ounce, respectively. Each has a mintage and product limit of 2,026, matching the anniversary year, with household orders limited to one of each. Shaped in the outline…

Crypto yield has always carried a credibility problem. The same market that learned to demand proof after incentive-heavy protocols unwound still tends to compress risk into a single APY. That tension sits at the center of Solstice’s pitch: whether stablecoin-native, delta-neutral strategies can become usable yield infrastructure without recreating the same opacity, reflexive incentives, and contagion risks that damaged DeFi in prior cycles.Solstice, as framed in this interview, sits at the intersection of staking, stablecoins, and yield infrastructure. The project says it built its business before launching SLX, pointing to a live strategy, onchain tokenization, operating revenue, and more than…

Bitcoin holders appear unwilling to support dedicated Bitcoin-native DeFi at the scale needed to keep projects in the space alive.That is the tension behind Botanix Labs’ decision to wind down Botanix, a Bitcoin Layer 2 built to bring EVM-style applications, lending, borrowing and yield to BTC holders.The wind-down is harder to dismiss than a routine token-cycle collapse. Botanix says it deliberately avoided a token, airdrops, points programs and the usual machinery used to manufacture early chain activity.Demand still fell short.Botanix said its first target wind-down date is July 1, followed by a two-week grace period through July 15 and, if…