Author: 行政
The Hyperliquid HYPE rally reached a new HYPE all-time high of $68.64 on May 30, extending a month that has already delivered roughly 50% in gains and over $1.4 billion in single-day trading volume.The HYPE price move came the day after the CFTC approved KalshiEX’s BTCPERP contract, the first Bitcoin perpetual futures product cleared for listing on a US-regulated exchange, and one day after ICE CEO Jeffrey Sprecher said that Hyperliquid is “bigger than Nasdaq” and that his team has met the founders multiple times.Two US-listed spot HYPE ETFs, Bitwise’s BHYP and 21Shares’ THYP, had already crossed $136 million in…
The US Treasury market is the foundation of the global financial system. It determines mortgage rates, government borrowing costs, corporate lending, and the price of money across the world. For decades, investors treated it as the safest and most stable market on Earth.But after years of exploding government debt, repeated liquidity scares, and increasingly aggressive Federal Reserve interventions, Wall Street is starting to confront an uncomfortable possibility: the Treasury market may have become too large, too leveraged, and too systemically important to function without constant support.Now, with debt issuance accelerating and bond yields elevated, a different fear has taken hold…
Bitcoin ATMs were (and still are) the most tangible and literal implementation of crypto.They turned the process of buying and selling crypto from an abstract act done on a screen and moved it into the real world, enabling people to buy Bitcoin without verification, a bank account, or any real understanding of how custody works.Scan a QR code, insert a few bills, and all of the BTC you can afford lands in a crypto wallet in a few minutes.For a while, that physical aspect of buying a virtual currency with cash gave Bitcoin something exchanges couldn’t: the feeling that it…
The following is a guest post and opinion from Ben Nadareski, Co-founder & CEO of Solstice .Institutions were never going to arrive in crypto the way crypto wanted them to. No stampede into governance tokens. No CFO proudly announcing that idle treasury had been rotated into volatile assets. No pension fund committee suddenly speaking fluent DeFi. That was always the fantasy version.The real version is less theatrical and far more important. Institutions will not buy crypto as a belief system. They will instead use it as infrastructure.Not because banks cannot copy the code. They can. But because they cannot copy…
Bitcoin briefly recovered the $74,000 zone on May 29, absorbing a geopolitical signal that oil futures, ETF desks, and US equity traders won’t fully process until Monday.President Donald Trump said he would make a “final determination” on an Iran deal that would require the Strait of Hormuz to reopen for unrestricted traffic, with mines removed and tolls prohibited.Iran responded that the agreement had not been finalized and that Trump’s account was partly inaccurate.While CME crude, US equities, ETF flows, and Treasury markets are either closed or less active, traders can still express Hormuz risk through BTC and 24/7 oil perpetuals…
For decades, the Fed stabilized the economy with one simple tool: interest rates. Raise them to cool inflation, and cut them to stimulate growth. But after years of massive government borrowing, post-pandemic inflation, and repeated stress inside the Treasury market, that system may no longer work the way Americans expect.Today, the Fed can cut rates while long-term borrowing costs stay elevated, mortgage rates remain high, and bond markets react as if the central bank is losing control of the financial system’s most important lever.At the same time, it has also resumed expanding parts of its balance sheet again to support…
June is a standout month for U.S. Mint collectors, with several firsts packed into a short release schedule. Highlights include two key opportunities to obtain 1776 ~ 2026 cents — the only uncirculated version and one of just two options to get a proof version — plus the sole way to get several 1776 ~ 2026 coins in silver, the first chance to get all five 1776 ~ 2026 quarters, and the launch of the new “Best of the Mint” gold series. U.S. Mint images show June product releases, including the 2026 Silver Proof Set and Uncirculated 2026 Mint Set…
The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now approved to list BTCPERP and Coinbase Financial Markets receiving separate staff-level relief for access to certain Deribit products.The Commission approved KalshiEX LLC’s BTCPERP contract as a futures contract, allowing the CFTC-registered designated contract market to list a no-expiry bitcoin perpetual tied to the spot price of BTC.In a separate move the same day, CFTC staff confirmed that certain Deribit digital commodity derivatives described by Coinbase Financial Markets may be treated as foreign futures when routed through Coinbase’s registered futures commission merchant structure.Chairman Mike Selig cast the…
Chainlink (LINK) trades near $8.92 with a 7-day drop of ~9.7%. Mastercard deal boosts adoption, but the trend stays technically bearish. The $9.02 resistance and $8.85 support define the next move. Chainlink has remained in a persistent downtrend over recent weeks, falling roughly 9.7% over the past seven days and about 43.8% over the past year. The token is currently trading near $8.92, holding within a tight 24-hour range between $8.81 and $9.06. Although short-term price action shows a modest recovery of around 1% over the past 24 hours, the broader trend remains under pressure. Against this backdrop, a new…
On May 29, Strategy (formerly MicroStrategy) moved more than 411 Bitcoin to Coinbase Prime, drawing fresh scrutiny to Michael Saylor’s financing model.Arkham Intelligence data showed two transfers of roughly 205.3 BTC and 206.2 BTC from Strategy-associated wallets before the coins reached the destination address.Strategy’s Bitcoin Transfer (Source: Arkham Intelligence)This movement has not been confirmed as a sale, and Strategy has previously shifted coins between wallets as part of custody management, triggering similar speculation that later appeared to reflect internal restructuring.However, the latest transfer drew closer attention because of how the coins moved.ForeDex Proof, an on-chain analyst, said the transferred Bitcoin…