Author: 行政

Zcash broke above $1,000 on Sept. 4, pushing the asset value of Grayscale’s recently listed ZCSH ETF past $400 million less than two weeks after its debut.ZEC registered an intraday high of $1,050.70, up roughly 20% over 24 hours and nearly 100% over the past month.The move lifted ZCSH’s assets to $414.7 million as of Sept. 3, compared with about $304.6 million when the fund began trading on NYSE Arca on Aug. 25.ZCSH inherited assets from the Grayscale Zcash Trust, and the sharp appreciation in ZEC accounts for much of the increase.Still, the fund’s ZEC holdings rose from 387,849 at…

Imagine someone who bought ETH for $1,000, watched it climb to $4,000, and now wants to cash out $1,000. Selling one-quarter of the ETH would provide the cash, but it would also realize a $750 gain under US tax treatment of digital assets held for investment.However, DeFi offers another way. The owner can deposit the full ETH into a lending protocol, use it as collateral, and borrow $1,000 in a stablecoin designed to track the dollar.The loan doesn’t count as taxable income, the ETH keeps its exposure to any future price increase, and the owner now has something they can…

Social media crypto drama is heating up again. The latest spat is between Robinhood and the once ‘Prince of Meme Stocks’ AMC.Robinhood’s top legal officer rejected AMC Entertainment CEO Adam Aron’s demand to stop trading an AMC-linked Stock Token, and Robinhood CEO Vlad Tenev said the company stands behind the product.The dispute centers on a basic distinction. Robinhood’s instrument follows the economics of AMC shares, while its holders own debt issued by a Robinhood affiliate and receive no ownership rights in AMC.Dan Gallagher, Robinhood’s chief legal, compliance, and corporate affairs officer, said the company would not “DECIST,” echoing the misspelling…

Every interaction with AI uses electricity in a data center. Servers calculate the answer, cooling equipment carries away the heat, and network connections send the result back to the user.Multiply that process across millions of requests and the electric bill becomes one of the facility’s highest costs, while access to enough power determines how much computing the building can support and how much money it can earn.Wall Street is now packaging that income into bonds. Once a data center is open and has paying customers, its owner can transfer the facility and its contracts to a separate legal entity that…

Bitcoin’s push above $80,000 lost an important policy cushion on Sept. 4, when the August jobs report came in far stronger than the recent hiring trend. The result made it harder for the Fed to justify holding rates steady on labor-market weakness alone.Bitcoin registered an intraday low of $78,660, but recovered to stay close to $80,000.Within the same post-release window, MarketWatch reported the two-year Treasury yield near 4.40%, up from just above 4.33%, and the 10-year near 4.80%, up from just under 4.75%. The Wall Street Journal reported that the dollar index touched 99.932 from about 99.035 before the data.Those…

Arthur Hayes has a new market alarm for crypto traders: EUR/JPY. The pair has started to fall, yet the Federal Reserve channels that would turn currency stress into dollar liquidity remain dormant.The European Central Bank’s reference rate fell from 185.63 yen per euro on Sept. 1 to 181.21 on Sept. 3, a 2.38% drop. Hayes says a fall to 140 or below by June 2027 would herald a much larger increase in dollar liquidity. The latest reading still sits 29.4% above that threshold.That distance is crucial. The exchange rate is only the first link in a sequence that runs through…

Robinhood Chain’s rapid growth ran into two problems at once on Sept. 4 as the network briefly stopped producing blocks while AMC challenged its fast-growing Stock Token business.On Sept. 4, the Ethereum layer-2 network halted block production for at least 14 minutes, stalling transactions before activity began recovering. Robinhood had not publicly disclosed the cause of the interruption at the time of publication.The outage came roughly two months after the network’s public mainnet launch.Robinhood Chain’s rapid growth raises the stakesThe disruption comes after Robinhood Chain rapidly emerged as one of crypto’s highest-earning networks, making even a brief interruption in block…

The International Monetary Fund (IMF) says El Salvador’s Bitcoin reserve growth over the past year came from private donations, not new government spending.In its latest review of the country’s loan program, the global financial agency said documents supplied by El Salvador showed that Bitcoin accumulated since the previous review reflected private donations. It added that no public resources were used and said it expects no further accumulation beyond those documented contributions.The Fund also reiterated that earlier changes in El Salvador’s BTC position had not necessarily represented new buying. Related ReadingEl Salvador’s Bitcoin reserve faces an accounting reckoning under new IMF…

A rare 1893-S Morgan Silver Dollar, the lowest-mintage business-strike issue of the series, has sold for $1,181,250 at GreatCollections. 1893 S Morgan Silver Dollar PCGS MS 65 CAC Green Ex Clapp Eliasberg realized $1181250 at GreatCollections in August 2026 The Clapp-Eliasberg specimen, graded PCGS MS-65 and approved by CAC, drew 101 bids in an unreserved auction. The result established a new auction high for an 1893-S graded PCGS MS-65 and came in more than 50% above its then-current $775,000 PCGS Price Guide value. PCGS’s Sept. 4 Price Guide update raised the MS-65 value to $1.2 million. GreatCollections recorded more than…

Solana’s v1 transaction format promises more than three times as much room per transaction, but RPC clients, indexers, relayers and fee sponsors that are not ready for it can fail in two very different ways: some systems stop, while others keep running with the wrong resource limits.Solana’s live upgrade page still lists v1 as not activated on mainnet as of Sept. 4. Testnet is active and devnet is live in epoch 1140. A Solana changelog published Aug. 28 said v1 transactions were “coming soon,” leaving infrastructure operators a pre-activation window to update.V1 raises the maximum payload from 1,232 bytes to…