Author: 行政

Strategy estimated a $4.1 billion income-tax benefit after Bitcoin’s fair value rose above cost as of Sept. 30, according to its Oct. 5 filing. The benefit comes from a lower estimated tax expense through an accounting adjustment.The filing shows what can change when Bitcoin crosses a large holder’s cost basis. The next consequence depends on the position being measured: a company’s Bitcoin holdings, an ETF’s underlying assets and an investor’s ETF shares each have their own purchase history.Strategy said it reversed a deferred tax asset related to its Bitcoin and released the associated valuation allowance. These management-prepared financial figures had…

The US services prices gauge reached a four-year high in September even as growth slowed, a combination that could keep leveraged Bitcoin positions exposed to restrictive financing conditions. The October 5 survey pairs softer activity with more widespread reports of rising input costs.The Institute for Supply Management’s services report, issued on its October 5 release date, put the prices index at 74.0, up from 72.6 in August. That was its highest reading since July 2022, when it reached 74.5.The headline services PMI eased to 54.9 from 55.4, while business activity dropped to 56.5 from 61.7. Both remained above the 50…

Bitcoin’s estimated US mining footprint shrank as Russia’s grew, with little change in top-three country concentration.Hashrate Index’s Oct. 5 country estimates put the US at about 335 EH/s, down from 345 EH/s in the previous edition, while Russia rose from 162 to 170 EH/s.The US, Russia and China still account for roughly 66% of the estimated network. Their combined share slipped by about 0.8%, even as the global hashrate estimate stayed almost flat.That is a modest change in geographic concentration, with a clearer shift in the balance between the two largest mining locations.Luxor Technology’s mining data platform Hashrate Index labels…

US Treasury’s Financial Crimes Enforcement Network (FinCEN) announced on Oct. 5 that it is withdrawing a reporting proposal for crypto mixing, the use of techniques that obscure a transaction’s source, destination, or amount.The plan reached beyond dedicated mixing services and would have required financial institutions to report information about covered transactions and their customers.The agency is withdrawing both its 2023 finding that international crypto mixing is a class of transactions of primary money laundering concern and the proposed recordkeeping and reporting rule.The withdrawal notice lists Oct. 6 as its scheduled Federal Register publication date and states that withdrawal will take…

Federal prosecutors are using a new Bitcoin Fog appeal to defend trying two counts against Roman Storm in New York. Their Oct. 5 letter asks Judge Katherine Polk Failla to reject his venue challenge on the money-laundering and money-transmission conspiracy counts. Storm co-founded Tornado Cash, a cryptocurrency mixer that obscures transaction trails.The filing arrived as Treasury moved to withdraw a broad mixer-reporting proposal. The continuing case turns on prosecutors’ allegation that Storm knowingly participated in criminal activity, while the policy changes recognize lawful privacy and limit particular charging decisions. Whether his software work crossed that criminal boundary remains disputed.Storm, posting…

OKX brought Circle, Ripple and Standard Chartered’s venture arm onto its cap table as the crypto exchange broadens its push into stablecoin-based financial services.On Oct. 6, the exchange’s Chief Executive Officer, Star Xu, confirmed that the company completed a strategic investment from Circle, Qube Research & Technologies, Ripple and SC Ventures by Standard Chartered at a $25 billion pre-money valuation, extending a March round led by Intercontinental Exchange, the owner of the New York Stock Exchange. OKX did not disclose how much it raised in the latest transaction.The valuation was unchanged from March, when ICE invested about $200 million. The…

Ethereum’s institutional demand is weakening around the same time derivatives positioning shows traders are selling aggressively without yet breaking the broader price structure.US spot ETH exchange-traded funds recorded $50.76 million of net outflows on Oct. 5, extending their losing streak to five consecutive sessions, according to SoSoValue data. The products have shed $205.88 million since Sept. 29, reducing cumulative net inflows to about $13.75 billion.The streak followed a $17.1 million inflow on Sept. 28 and has coincided with ETH trading near $2,711, leaving one of the market’s major sources of incremental demand in retreat.Yet the pressure has not spread uniformly…

United States Mint collectors can order the 2026 Semiquincentennial Proof Set beginning today at noon ET, adding another major release tied to America’s 250th anniversary. The US Mint 2026 Semiquincentennial Proof Set includes 10 coins struck at the San Francisco Mint and housed in two protective lenses Limited to 480,000 sets, the 10-coin collection is struck at the San Francisco Mint and features one-year-only designs and Semiquincentennial elements throughout. Exclusive Proofs It is also the only 2026 Mint product offering proof versions of the standard-composition Emerging Liberty dime, five Semiquincentennial quarters and Enduring Liberty half dollar. Silver proof versions of…

At ETHU’s Oct. 6 disclosed futures valuation, a 3x Ethereum ETF with $362.1 million in assets would target about $1.09 billion of exposure. If held entirely in standard CME Ether futures, that would equal 8,000 contracts, CME’s single-month and all-month accountability level.The SEC approved Cboe BZX’s rule change to list Volatility Shares’ proposed ETHK on Oct. 2; ETHK’s first trading date is pending. The sponsor’s live fund shows that Volatility Shares’ existing ETHU held 19,204 October CME Ether futures contracts worth $2.61 billion as of Oct. 6, against $1.31 billion of net assets as of Oct. 5.Those holdings imply $135,800…

Aave is approaching a $67 million collateral rollover as one of its fastest-growing fixed-yield trades reaches maturity.About 67.4 million PT-AUSD-8OCT2026 tokens were supplied as collateral on Aave V3’s Monad market as of Oct. 2, according to risk adviser LlamaRisk. The Pendle principal tokens mature Oct. 8, when each becomes redeemable for one AUSD and its fixed-yield appreciation ends.A replacement is already being prepared. Pendle deployed a Dec. 17 AUSD principal-token market last month, and TokenLogic has proposed listing it on Aave so borrowers can move into the next maturity without giving up the collateral utility that helped the October market…