Author: 行政

Key takeaways ADA remains under pressure after last week’s 30% sell-off The coin could dip lower if the bearish trend in the market persists. Cardano (ADA) continues to struggle on Wednesday, trading near $0.1600 and extending losses following last week’s sharp 30% decline.  The cryptocurrency remains under intense selling pressure as investor confidence weakens and retail participation fades. Despite the bearish backdrop, on-chain data suggests that selling activity from long-term holders may be approaching exhaustion, potentially laying the groundwork for a future recovery. Dormant supply spike suggests capitulation among long-term holders Recent on-chain data from Santiment shows a significant surge…

After becoming 2026’s best-performing major stock market on the back of an AI chip boom, South Korea’s KOSPI suffered one of its sharpest drops on record and then rebounded almost as fast.The 48-hour swing shows how concentrated the global AI trade has become, and why investors in everything from chip stocks to Bitcoin are exposed to sudden shifts in Federal Reserve policy.The numbers we saw in the past couple of days are the kind normally reserved for volatile cryptocurrencies. KOSPI fell 8.29% on Monday, June 8, closing at 7,484.41 after an automatic 20-minute trading halt froze the market, then jumped…

A Delphi Consulting analysis of 652 CEX listings from January 2025 onward found that a user buying every new token across Binance, Bybit, Coinbase, Gate.io, and Kraken would have kept roughly 50 cents on the dollar.The win rate across all listings was 12%, 52% of tokens lost more than 80%, and the median return was -82%. Tokenized stocks appear to be the answer that exchanges are giving to failing token launches.Delphi Consulting’s analysis of 652 token listings across five major exchanges from January 2025 through May 2026 found a 12% win rate and a median return of -82%.Kraken now offers…

Solana Institute’s Kristin Smith is urging US lawmakers to avoid extending financial intermediary rules to blockchain developers who do not handle user funds. She says the CLARITY Act must preserve protections for open-source builders, validators and non-custodial wallet providers as it advances through the Senate. The push is supported by a coalition of more than 60 crypto leaders and reinforced by reference to the bipartisan Blockchain Regulatory Certainty Act. Kristin Smith, chief executive of the Solana Institute, is pressing US senators to preserve protections for blockchain developers as debate over the CLARITY Act moves forward in Washington. She argues that…

The $54 support level is critical for the Hyperliquid price. HYPE futures open interest has fallen to $5.86B, triggering a leveraged unwind. Crypto Fear and Greed Index hit 15 as Bitcoin ETF outflows drove risk-off selling. The Hyperliquid price has dropped 11% in 24 hours to $55.35, making it one of the hardest-hit assets in an already rough day for crypto. While the broader crypto market is down, with Bitcoin falling 3.1% toward the $62,000 zone, HYPE’s losses were nearly four times larger; a pattern that tends to show up when a high-beta asset catches a deleveraging wave at the…

Bob Loukas argues Bitcoin’s recent decline remains consistent with previous four-year market cycles and does not represent a structural break from historical behaviour. The analyst believes the market has entered the period when cycle lows typically form, making the coming months particularly important for Bitcoin’s direction. Loukas has identified US$53,000 (AU$73,670) as a major level of interest and has already begun rebuilding his Bitcoin position while keeping cash available for further weakness. Bob Loukas believes Bitcoin’s latest weakness fits within the same four-year cycle framework that has guided previous market tops and bottoms. The long-time analyst said recent declines should…

Bipartisan Senate talks over crypto ethics turned rocky this week after a Democratic source described an “about-face” by GOP members and the White House on a prior enforcement agreement.The disputed provision would have allowed state attorneys general to sue the Justice Department for failing to enforce certain crypto ethics requirements.As Punchbowl News and Eleanor Terrett reported, Senate Republicans floated a weaker ethics guardrail package during a bipartisan meeting on June 9, discussed removing the state enforcement provision entirely, and raised impeachment as a separate option.GOP sources responded that senators not involved in the original ethics discussions later raised concerns about…

A hacker stole more than US$36 million (AU$51.1 million) in H tokens on June 8 after compromising an employee’s laptop that held multiple bridge signing keys. The attacker controlled three of six Ethereum keys and three of five BNB Chain keys, drained about 141.2 million H, and minted roughly 200 million new tokens. The H token crashed more than 85% as Humanity Protocol halted its bridge and began working with exchanges and law enforcement on recovery. Humanity Protocol lost more than US$36 million (AU$51.1 million) in H tokens on June 8 after a hacker compromised a single employee’s laptop, seized…

Paradigm and the Hyperliquid Policy Center jointly asked FinCEN and OFAC to narrow secondary-market obligations in a stablecoin anti-money-laundering rule proposed in April. The groups back applying most issuer duties to the primary market but warn the draft could make issuers liable for DeFi transfers they cannot see or stop. The rule implements the GENIUS Act, signed in July 2025, which treats permitted payment stablecoin issuers as financial institutions under the Bank Secrecy Act. Paradigm and the Hyperliquid Policy Center have urged U.S. regulators to revise a proposed anti-money-laundering rule they argue could unfairly hold stablecoin issuers liable for transactions…

Circle has launched cirBTC on Ethereum, but the larger play is to make wrapped Bitcoin look like collateral infrastructure institutions can route through DeFi, OTC desks, lending markets, treasury systems, market makers, and settlement flows.cirBTC is live on Ethereum and backed 1:1 by native BTC, according to Circle’s launch materials. The company says the underlying Bitcoin is held through a Circle entity, segregated from corporate assets, and designed for onchain reserve visibility.The product also sits inside Circle’s existing stack. Circle is positioning cirBTC around Circle Mint, USDC workflows, Ethereum DeFi, and planned support for Arc and other chains.This moves wrapped…