Author: 行政
Key takeaways ETH is up by less than 1% and now trades above $2,050. The bulls defended the $2,000 support level, with further upward movement on the card. Ethereum is up by less than 1% at the time of writing on Friday, halting the bearish performance that gripped the market on Thursday. The coin could rally higher in the near term as buyers have stepped in over the past few hours. Onchain data paints a mixed picture for Ether ETH is trading above $2,050 at press time, but onchain data paint a mixed picture for the top altcoin. Over the…
Circle said it would soon launch cirBTC, a wrapped Bitcoin token designed to unlock DeFi utility while addressing trust issues around existing wrappers. Backed 1:1 by native Bitcoin reserves and built for interoperability, cirBTC aims to make BTC more accessible for yield, liquidity, and broader decentralised finance use cases. A wrapped Bitcoin token designed to unlock institutional use of Bitcoin holdings in decentralised finance (DeFi) beyond the BTC network will soon be launched by stablecoin issuer Circle. The NYSE-listed company behind the world’s second-largest stablecoin, USDC, announced its plan to issue a Circle Wrapped Bitcoin token — cirBTC — via…
Bitcoin becomes the live market over Easter as oil shocks hit and traditional finance goes darkThe Bitcoin market now has three trading days where it will act as the live venue for geopolitical risk while much of traditional finance is closed.As of Friday, April 3, Wall Street is closed for Good Friday; several other markets are shut or thinner than normal; and the macro backdrop has become harder, rather than easier, to price.Iran launched missiles and drones at Israel and the Gulf states. Fires were reported at Kuwait’s Mina al-Ahmadi refinery. The Strait of Hormuz remains the central transmission line through…
The CFTC and DOJ jointly sued Illinois, Arizona, and Connecticut on April 2 to block state cease-and-desist orders against federally regulated prediction market platforms including Kalshi, Polymarket, and Robinhood. CFTC Chairman Mike Selig cited exclusive jurisdiction under the Commodity Exchange Act, asserting that state regulators were attempting to “subvert federal law” by classifying event contracts as gambling requiring state licences. The federal suits mark the first direct court challenge to state prediction market enforcement, as 11 states pursue legal action against platforms and Congress separately debates bans on political insider wagering. Federal regulators escalated a legal conflict over prediction markets…
Polymarket launched daily up/down and closing-price bracket contracts for Tesla, Nvidia, Apple, gold, and WTI crude oil, automatically resolved by Pyth Network’s feeds from more than 90 institutional contributors. Intercontinental Exchange (NYSE’s operator) has committed a combined US$1.6 billion to Polymarket, which now processes more than US$20 billion in monthly trading volume. The expansion blurs the boundary between prediction markets and regulated derivatives, intensifying a CFTC jurisdiction dispute that has already prompted federal lawsuits against three US states. Prediction market giant Polymarket has introduced on-chain daily prediction markets for US equities, commodities, and ETFs, using Pyth Network’s real-time price feeds…
Bitcoin dropped to a weekly low near US$66,000, down 1.76% on April 2, as the US-Iran conflict disrupted Strait of Hormuz shipping and sent crude oil above US$100 per barrel. Bloomberg Intelligence Senior Commodity Strategist Mike McGlone warned Bitcoin may be reverting toward US$10,000, citing its pre-2020 bull run price level before the “biggest money pump in history.” Crypto liquidations exceeded US$400 million in 24 hours, with BTC’s 0.75 correlation to the S&P 500 leaving it exposed to equity-linked selling as oil-driven inflation fears mounted. Bitcoin (BTC) fell to around US$66,000 (AU$95,700) on April 2 after U.S. military action disrupted…
Attackers drained approximately US$280 million from Drift Protocol on April 1, exploiting Solana’s durable nonce feature to pre-sign malicious transactions weeks in advance and seize security council control. Three protocol vaults were emptied, including approximately 41.7 million JLP tokens worth roughly US$155 million, before stolen funds were rapidly swapped to USDC and bridged to Ethereum. Blockchain analytics firm Elliptic identified multiple on-chain indicators consistent with North Korean state tradecraft. Drift Protocol, Solana’s largest decentralised perpetual futures exchange, lost approximately US$280 million (AU$400 million) on April 1 after attackers exploited a novel Solana feature to pre-approve malicious admin transactions weeks in…
The Royal Canadian Mint is celebrating Artemis II and Canada’s part in the historic flight with a new silver coin for collectors. The release honors the first crewed lunar flyby mission since Apollo 17 in 1972 and also marks Canada’s inaugural role in a lunar mission. Royal Canadian Mint images show the colorized design of the 2026 $20 Fine Silver Coin – Moon Mission and its black light effect. The 2026 $20 Fine Silver Coin — Moon Mission is struck in 99.99% pure silver and features black light technology that reveals additional design elements. Artemis…
XRP is in its deepest losing streak in more than a decade, even as Ripple aggressively expands into corporate finance and institutional infrastructure. The disconnect is forcing a key market question: why isn’t that momentum showing up in price?XRP price is in its longest losing streak since 2014, a slide that has left one of the market’s oldest large-cap tokens searching for a fresh catalyst even as Ripple accelerates its push into corporate treasury, institutional trading, and cross-border payments.Why this matters: Ripple is moving XRP closer to real financial workflows rather than speculative use. If treasury systems, trading desks, and…
A recent paper by the Bitcoin Policy Institute on Taiwan opens with a familiar argument that the country’s reserves are overconcentrated in dollars. Gold underperforms its potential, and Bitcoin could complement both.Readers who stop there miss the more consequential claim buried in the blockade-and-invasion framework on pages 5 through 7, where the paper is trying to redefine what makes a reserve asset fail.Traditional reserve analysis judges assets on liquidity, price stability, and credit quality. The BPI paper adds a fourth test: can the asset still be moved, spent, or mobilized when shipping lanes are blocked, the host state withdraws custodial…