Author: 行政
During the three months ending June 30, CleanSpark put 9,400 Bitcoin-equivalent call contracts through Spot+, its strategy for selling options around ongoing sales from its corporate Bitcoin treasury. Because the figure is expressed in Bitcoin equivalents, it can resemble a balance-sheet position even though it measures a quarter’s trading flow.In its Aug. 6 quarterly filing for the period ended June 30, CleanSpark reported $8.017 million in premium proceeds from those calls. Bitcoin averaged $68,766 when the contracts were entered, against an average strike price of $76,383.The distinction exposes a blind spot in corporate Bitcoin treasury analysis. A headline holding tells…
Five collector seminars will anchor the educational programming at the 2026 Great American Coin & Collectibles Show (www.GACC.show), with sessions devoted to classic U.S. commemoratives and several aspects of Morgan and Peace silver dollar collecting. The seminars will be held Friday, Oct. 2, during the three-day show at the Donald E. Stephens Convention Center in Rosemont, Illinois. The event runs Oct. 1-3 in Hall F. Four of the five sessions are National Silver Dollar Round Table Educational Forums covering grading and pricing, Prooflike and Deep Mirror Prooflike Morgan dollars, high-grade Peace dollars, and Morgan dollar varieties and die clashes. Friday…
Leveraged funds held a 41,252 BTC-equivalent net short across CME Bitcoin futures, including standard and Micro contracts on Aug. 25, while the CFTC snapshot showed the same category net long just 151 BTC in Coinbase’s nano Bitcoin perpetual-style contract.For the next forced unwind, the important distinction is scale rather than an evenly matched directional split. The report showed 118,267 BTC-equivalent of open interest across the two CME products, compared with 2,322 BTC on Coinbase. CME was about 51 times larger by that measure, and its leveraged-fund net short was roughly 272 times the magnitude of Coinbase’s net long.A standard CME…
Bitcoin is on track to log its best August performance since 2017, demonstrating remarkable resilience against back-to-back macro shocks as escalating US-Iran hostilities and a hawkish pivot from the Federal Reserve test the durability of the digital-asset rebound.Data from CryptoSlate shows that the largest cryptocurrency is trading near $78,400 as of press time, bringing its monthly advance to more than 24%. This represents its strongest August rally in nine years and its biggest single-month gain since November 2024, per CoinGlass data.The advance comes even as crude oil jumped above $90 a barrel following American airstrikes on Iranian targets and Tehran’s…
The SEC’s proposed Regulation Crypto Assets offers a $75 million fundraising ceiling. A Senate market-structure framework starts with a greater-of-$50-million-or-10% formula. Those numbers look comparable, but they attach to different legal mechanisms.The SEC proposal would create exemptions by rule for certain crypto-asset offerings. Section 103 of the Senate’s version of the CLARITY Act would create a statutory exemption for certain transactions involving ancillary assets sold pursuant to an investment contract. The distinction changes which issuers and instruments qualify, what buyers receive, and how the two paths could interact.Neither route is currently available. The SEC proposal remains subject to public comment…
Malicious actors exposed two decentralized finance (DeFi) lenders to over $84 million in losses over four days, using variations of a price-manipulation strategy previously targeted by US regulators.The larger incident hit Tectonic on the Cronos blockchain, where security firm GoPlus estimated roughly $75 million was affected.Three days earlier, Moonwell’s MAMO lending market on Base was left with about $9.1 million in residual debt following another attack involving an illiquid token. Related ReadingUS Court orders detention of Mango Markets exploiter over flight risk Illiquidity becomes a weaponThe Tectonic attacker appears to have exploited the protocol’s treatment of TONIC, a relatively thinly…
USBC has registered a block of already-issued shares equal to almost its entire outstanding common stock for potential resale, creating a potential market overhang alongside a balance sheet that relies heavily on Bitcoin.The company’s August 27 amended preliminary prospectus covers up to 359,815,000 shares held by selling stockholders. That equals about 92.7% of the 388,144,429 common shares outstanding as of August 24. USBC would receive no proceeds from any sale or other disposition by those holders.No transaction is disclosed. The covered shares already exist, and the selling stockholders may dispose of all, some or none of them. The filing creates…
Michael Saylor’s $13,400 Bitcoin floor exposes the exact order of losses inside Strategy’s debt stack
Strategy, the Bitcoin treasury company, is marketing a roughly $13,400 “BTC Floor” for STRC, its variable-rate cumulative perpetual preferred stock. With Bitcoin near $78,000, the label sounds like a vast buffer. The SEC-filed briefing defines something narrower: the Bitcoin price at which Strategy’s illustrative STRC coverage ratio reaches 1.0x.The metric provides no claim on Strategy’s Bitcoin and carries no solvency or recovery meaning. STRC closed at $97.33 on Aug. 28, giving holders a simple 12.33% effective yield at the current $12 annualized dividend. The filed dashboard used an Aug. 21 price of $96.18 and listed a 12.48% yield, $9.972 billion…
A new XRP Ledger study says two or three extra peer connections per participating node can sharply raise the number of nodes a targeted attack must remove to disrupt modeled consensus.XRPL consensus depends on enough trusted validators receiving one another’s messages. A separate peer-to-peer network carries those messages between servers, so extra routes could keep validator traffic moving if an attack removes the network’s busiest hubs.The Aug. 26 arXiv paper tests random K-out augmentation. K is the number of new undirected edges each participating node creates to peers chosen uniformly at random.At 60% participation and K=2, the model’s quorum critical…
Michael Saylor has hinted Strategy may resume Bitcoin purchases after weeks without buying. Strategy has not bought BTC since June and recently sold some of its holdings. The company raised US$2.01 billion through MSTR share sales but kept the funds in reserves and cash. Bitcoin remains below US$80K as analysts watch for signs the bear market may be ending. After weeks of not buying any more Bitcoin for its reserves, a post by the founder and chairman of Strategy (formerly MicroStrategy), Michael Saylor, indicates that things might be about to change. On what used to be Twitter and is now…