Author: 行政
Staking was supposed to strengthen Ethereum exchange-traded funds (ETFs), but BlackRock’s early results show investors still favor its original fund.When US spot Ethereum ETFs launched in July 2024, the absence of staking was widely identified as one of their biggest structural disadvantages. Investors buying the funds gained exposure to ETH’s price but forfeited the rewards available to holders who committed their tokens to securing the Ethereum network.At the time, JPMorgan cited the removal of staking from ETF filings as one reason it expected weaker demand than for Bitcoin funds. BitMEX Research similarly argued that institutional investors could find non-staking products…
Tuesday’s US estimated-tax deadline will shift cash toward the Treasury, testing whether last week’s improvement in bank reserves can hold through the Federal Reserve’s meeting. Bitcoin liquidity could come under pressure if the transfer tightens dollar funding and limits risk-taking before policymakers conclude their September 15–16 meeting.The IRS calendar sets September 15, 2026 as the third installment deadline for individuals and corporations subject to estimated-tax payments. It falls on the opening day of the Fed meeting, putting a scheduled cash movement alongside the policy decision due the following day.Bank reserves are balances commercial banks hold at the Fed. They support…
Newly released Federal Reserve data show domestic hedge funds expanded their gross balance sheets during the second quarter, months before the central bank’s September rate decision.The potential risk to Bitcoin is indirect. A policy surprise could raise funding or collateral demands across leveraged portfolios, forcing funds to find cash in liquid markets. Related ReadingFed Chair Kevin Warsh triggers a $488 million crypto liquidation cascade as rate-hike expectations rise Gross asset value was $2.7857 trillion in the first quarter. It reached $3.1859 trillion in the second quarter. That was a $400 billion increase. The table defines gross asset value as total…
Leveraged funds, a CFTC category that includes hedge funds and other money managers, increased their combined net short across four regulated Bitcoin futures markets by 1,668 BTC in the week to Sept. 8.The BTC-normalized position widened to 39,876 BTC net short from 38,208 BTC a week earlier, according to CFTC futures-only data. The calculation covers CME’s standard and micro Bitcoin futures and Coinbase Derivatives’ nano and nano perpetual-style contracts, using each market’s stated Bitcoin multiplier. The aggregate measures futures exposure alone, leaving the split between outright bets and hedges unresolved. Related ReadingMassive Bitcoin derivatives gap between CME and Coinbase threatens…
KULR Technology Group has sold its remaining Bitcoin, completing a retreat from a treasury strategy it began unwinding in August.The battery technology company sold about 764 Bitcoin between Aug. 20 and Sept. 11 for roughly $58.6 million in gross proceeds, according to a regulatory filing. The transactions were completed at a weighted average price of about $76,633 per Bitcoin.The sales reduced KULR’s Bitcoin holdings to zero as of Sept. 11, closing out a position that the company had already cut sharply as it repaid debt, ended its mining operation, and redirected capital toward its core energy business.KULR said it sold…
Key takeaways Cardano trades near $0.207 after falling more than 8% during the previous week. ADA’s long-to-short ratio of 0.88 indicates bearish positioning among derivatives traders. The funding rate turned positive at 0.0052%, showing a mild bullish bias despite the elevated short positioning. ADA must hold the $0.199-to-$0.200 support zone to avoid a decline toward $0.195, $0.173, or $0.150. Cardano (ADA) traded near the critical $0.200 support zone on Monday after declining more than 8% during the previous week. Although ADA remains above two important short-term moving averages, mixed derivatives data and sell-side pressure from large traders suggest that recovery…
Kraken will close withdrawals for seven crypto assets held by its United Arab Emirates customers at 14:00 UTC on Monday, Sept. 14, leaving remaining balances subject to liquidation by the exchange. Those sales are scheduled for Sept. 15–25, 2026, and Kraken has not guaranteed the currency customers will receive.The UAE delisting notice covers Monero (XMR), Zcash (ZEC), Dash (DASH), USDD, Dai (DAI), USDS and Ethena USD (USDE). The restriction applies to clients residing in the UAE.Kraken’s status notice specifies that withdrawals remain available until 13:59 UTC on Sept. 14 and will be disabled at 14:00 UTC. For customers still holding…
Key takeaways Pi Network traded above $0.097 on Monday after recording gains for two consecutive weeks. The Pi Core Team released SoloHost updates and Pi Desktop version 0.6.3 to improve reliability, app discovery, and developer tools. PI remains above its 50-day EMA at $0.094, while the RSI near 60 signals improving bullish momentum. Pi Network (PI) extended its recovery on Monday, trading above $0.097 following two consecutive weeks of gains. New ecosystem updates and improved developer tools are strengthening the network’s utility. However, PI continues to trade below major long-term exponential moving averages, leaving its broader technical outlook bearish despite…
The CLARITY Act’s chances of becoming law climbed above 32% as Senate Republicans unveiled their final compromise before Tuesday’s cloture vote.Polymarket traders pushed the probability of the landmark crypto market-structure legislation being enacted in 2026 to its highest level since Aug. 2 after Republicans released a 635-page final draft designed to resolve several disputes that have held up the bill.The move marks a turnaround from weeks of skepticism surrounding the legislation, though prediction-market pricing remains well below levels seen earlier this year. The contract reached about 82% in February before political disputes over ethics, stablecoin rewards and decentralized-finance protections complicated…
Metaplanet has cancelled 41% of shares linked to its Series 10 warrants, removing more than US$220 million in potential warrant value. The conversion ratio has been reduced from 1:696 to 1:410, increasing Bitcoin held per fully diluted share by approximately 8.8%. Unvested warrants will now vest in three groups in 2029, 2030 and 2031, while a five-year lock-up remains in place. The changes come as Metaplanet strengthens its governance and pursues a controlling stake in Nasdaq-listed Super League Enterprise. Metaplanet has cancelled 41% of the shares associated with its Series 10 warrants, removing more than US$220 million (AU$307.8 million) in…