Author: 行政
Bitcoin, the largest cryptocurrency by market capitalization, continued its price struggles as traders weighed two stress-tinged signals from the US financial ecosystem.This week, there was a sudden $18.5 billion Federal Reserve overnight repo operation, and Blue Owl Capital has decided to permanently halt redemptions from a retail-focused private credit fund.In another era, either headline might have been enough to spark a reflexive “money printer” narrative.Taken together, they can read like an early warning that something is tightening in the plumbing of US markets.Yet Bitcoin has stayed heavy, even as it remains marketed as a hedge against the traditional system. Related…
XRP is attracting institutional money and a burst of bullish positioning, even as much of the crypto industry remains stuck in a risk-off tape.According to a CoinShares report, XRP is the best-performing crypto token this year, attracting around $150 million in fresh capital, while Bitcoin and Ethereum have registered cumulative outflows of around $1.5 billion.Crypto Asset Flows (Source: CoinShares)The simplest takeaway is not “XRP is bullish.” It is that investors are actively rotating into assets other than BTC and ETH at a time when the broader tape remains unstable.That divergence is showing up in market sentiment, too.On Feb. 18, blockchain analytics platform…
Hanwha invests KRW 18B ($13M) in Kresus to expand digital asset infrastructure. Funding supports enterprise wallets, RWA tokenization, and on-chain workflows. Deal follows MoU signed at Abu Dhabi Finance Week in December 2025. Kresus Labs, a US-based digital wallet and blockchain infrastructure company, has raised about KRW 18 billion (roughly$13 million) in a strategic investment from Hanwha Investment & Securities. The deal highlights how traditional finance is increasingly looking beyond crypto trading and toward the “plumbing” behind digital assets: secure wallets, enterprise systems, and tokenized products that can fit into existing financial services. Strategic capital targets the infrastructure layer of digital assets…
Bitcoin ETFs will go to zero sooner than we think if outflows don’t slow down as $8.5B leaves since October
The headline may look like ragebait but at the current outflow rate its an objective truth. Since Bitcoin hit its all-time high last October, US spot Bitcoin ETFs have seen outflows on 55 days out of 89. If this doesn’t turn around before the next halving there will be a lot less BTC inside ETF wrappers on that day.Before we look at how quickly ETFs could trend toward zero, let’s look at the “glass half full” perspective of the current situation (skip to here if you’re only here for the bearish take).Bloomberg Intelligence ETF analyst Eric Balchunas today pointed to…
Oil isn’t supposed to be the story in 2026. The macro narrative powering “cuts soon, liquidity soon” trades relies on disinflation staying intact.However, Brent jumped 4.35% to $70.35 on Feb. 18, and WTI surged 4.59% to $65.19 after headlines revived the risk of a US-Iran conflict and Russia-Ukraine talks ended without breakthroughs.This isn’t just an “oil traders” print. It’s a rates print, and by extension, a Bitcoin print.Bitcoin doesn’t trade barrels. It trades the path of financial conditions. When oil moves on supply-disruption fear, it hits the exact pressure points that keep rates higher for longer.Risk premium, not demandThe jump…
Hyperliquid launched a policy center in Washington on Feb. 18, seeded with 1 million HYPE tokens worth roughly $28 million, led by Jake Chervinsky, the crypto lawyer who spent years building the industry’s Capitol Hill playbook.The Hyperliquid Policy Center operates as a 501(c)(4) focused on decentralized finance and perpetual derivatives. This isn’t just another crypto company hiring lobbyists. It’s a protocol that funds a sustained DC presence with its native token, making policy infrastructure part of the product itself.The move signals something broader: DeFi’s “code routes around regulation” era is coming to an end. Policy is now part of the…
DLRC is excited and honored to offer three premium PCGS registry sets in its Red Carpet Rarities Thursday night auction series. These three collections will each headline their own auction, garnering spirited bidding attention from series specialists and type collectors alike. The Chugum Flying Eagle and Indian Cent Collection features two All-Time Finest #1 Registry Sets of the aforementioned series, all running with no reserve. Both collections are 100% complete and are tied for first in their respective PCGS Everyman Mint State categories. The group also features several additional varieties to further add to the allure of this fine group.…
Uniswap (UNI) price drops despite plans to expand protocol fees and burn tokens. If approved, the fees will be activated across all v3 pools and eight additional chains. Currently, the key support sits at $3.38 while the immediate resistance is at $4.24. Uniswap’s native token, UNI, has seen its price dip despite the ongoing governance push to expand protocol fees across more chains and all v3 pools. While the protocol fee expansion promises to increase token burns and revenue for the protocol, short-term price action has remained under pressure. The dip comes amid a broader downturn in the cryptocurrency market,…
Crypto VC funding surging again sounds like a rally, until you trace where the money actually lands
Dragonfly Capital closed its fourth fund at $650 million this week, the same size as its 2022 vehicle, raised into a venture market Fortune calls a “mass extinction event.”The headline reads like a vote of confidence: institutional capital returning, crypto winter thawing, alt season loading. But peel back one layer and the picture warps.Dragonfly’s partners describe a pivot toward fintech rails and tokenized real-world assets, with the expectation of fewer “native app tokens.”This isn’t a blanket “alts to the moon” signal. It’s a bet that value accrues to businesses that don’t need tokens at all, or to tokens that trade…
Coinbase has enabled ADA as collateral, boosting liquidity without selling. Inverse head-and-shoulders pattern hints at a potential bullish reversal. Whale accumulation strengthens confidence in ADA’s near-term outlook. After the recent surge from around $0.24, Cardano (ADA) has struggled around the $0.27–$0.28 range for several weeks now. However, recent developments and chart patterns signal a possible breakout. Coinbase integration boosts ADA utility One of the main factors driving renewed interest is the announcement that Coinbase now allows ADA to be used as collateral for loans. This new feature allows users to borrow up to $100,000 in stablecoins without selling their ADA…