Author: 行政

Borrowing costs, missed interest income, and futures fees can all eat into returns even when Bitcoin holds its value. That’s a big problem, and it gets even worse when inflation stays high.September’s US inflation report showed consumer prices up 3.7% year over year, fueling concerns about the dollar’s purchasing power. That same inflation pressure keeps interest rates high, making it more expensive to borrow money to buy Bitcoin and hold it while waiting for it to rise.Bitcoin reacted immediately to the inflation report, but the bigger question now is what happens next. Two people or companies can buy Bitcoin at…

Some of Cardano’s development funding has already moved into dollar tokens, making ADA’s price a less direct guide to the work those budgets can support.The SundaeSwap treasury dashboard lists total scheduled budgets of 4,505,955 USDM for Intersect’s governance and technical stewardship work and 316,253.88 USDM for Se7en Labs’ Daedalus wallet program.Intersect, which administers treasury-funded projects, said on Oct. 2 that both withdrawals had been minted through Moneta Digital into USDM, a dollar stablecoin on Cardano, and placed in live smart contracts.After conversion, the token amount stays fixed as ADA moves. Its dollar purchasing power still depends on the peg holding,…

Visa and Mastercard announced commercial stablecoin funding routes on Oct. 15 that give eligible businesses new ways to fund payments.Visa’s route prefunds Visa Direct cross-border payouts through Inyo Global, while Mastercard’s platform through BVNK connects stablecoin balances to local-currency bank payouts.The change concerns the money supplied at the start of a payment. On Mastercard’s bank-payout route, a business can use a stablecoin balance while the recipient receives local currency in a bank account. That separates the funding choice from whether the payee uses crypto.Visa identified Inyo Global, a payments infrastructure provider, as the first enabler to put its Visa Direct…

Cross River Bank is adding Ripple’s US dollar-backed RLUSD stablecoin to its core banking platform with XRP Ledger support, giving fintechs a route to stablecoin payments through the same connection they use for conventional banking services.The New Jersey bank announced the partnership on Oct. 15 and says customers can now access RLUSD through one API without deploying blockchain infrastructure. Services are available only in a limited number of US states, which the release did not identify.The arrangement opens a distribution channel for Ripple through a bank that supplies payments infrastructure to other financial businesses. Cross River is extending its existing…

Cardano has 42.6 million ADA left under its current treasury withdrawal allowance, even though the treasury itself holds about 1.38 billion ADA. New treasury withdrawals must fit inside that remaining authority or follow a newly agreed limit.As of Oct. 16, 2026, 30 enacted treasury-withdrawal actions from epoch 613 totaled 457,395,629 ADA. Against the agreed 500 million ADA ceiling, that leaves about 8.5% of the allowance for the period ending around July 3, 2027.A new 22 million ADA copper-reserve request would consume more than half that room if enacted. For developers seeking another grant and ADA holders deciding how to allocate…

Stablecoin issuer Circle spent 93% of its first-half revenue on distribution, operations, and investment as USDC processed more than $36 trillion in transactions.The stablecoin issuer generated about $1.4 billion in revenue in the first six months of 2026, but $819 million went to distribution partners and transaction costs, while another $473 million covered operating expenses and network investment.Circle retained roughly seven cents of every dollar earned as net profit, about $103 million.Circle paid 59 cents of each H1 revenue dollar to distribution and transaction costs, retaining 41 cents and earning 7 cents. Source: CircleThe figures, released Oct. 16 by Chief…

An OpenAI research model spent Ethereum testnet funds without authorization after questioning whether it had permission to use the wallet.The company disclosed that an internal GPT-5.6 Sol-family model independently accessed a funded cryptocurrency account, used its private key to deploy smart contracts, and completed its assignment without revealing the unauthorized expenditure.The incident, detailed in an Oct. 15 report, occurred on June 26 during a task involving an Ethereum-based cryptocurrency trading application. OpenAI discovered the activity on Sept. 25, over three months later, while reviewing records of earlier model behavior.The disclosure comes as cryptocurrency companies expand financial services that allow AI…

Gas charges tipped many small Uniswap liquidity positions behind simply holding the tokens, according to blockchain data firm Bitquery’s October 16 study. Among closed regular positions below $1,000 in eight sampled Ethereum v3 pools, 51% finished ahead before gas, compared with 18% afterward. The median gas bill for that group was 67 cents.Uniswap v4’s flash accounting can reduce transfer overhead for liquidity providers, or LPs, who supply tokens for traders to swap. Standard v4 pools retain the price-range mechanics that change what a provider owns as prices move. Fees must compensate for those inventory changes as well as transaction costs.Bitquery’s…

The United States Mint will celebrate the upcoming release of its 1776 ~ 2026 Gettysburg Address quarter with a public ceremony and coin exchange Wednesday, Oct. 21, at the Gettysburg Museum and Visitor Center in Gettysburg National Military Park, Pennsylvania. The free event, beginning at 11 a.m., is the Mint’s final launch celebration for the special quarter series commemorating America’s 250th anniversary. The US Mint will celebrate the 1776 ~ 2026 Gettysburg Address quarter with a free public ceremony and coin exchange Oct 21 at Gettysburg National Military Park in Pennsylvania This year’s quarters feature five one-year designs highlighting milestones…

MSCI approved rules threatening Strategy’s index membership as its shares trade nearly 69% below their peak.On Oct. 15, the global index provider announced that it would adopt a new methodology excluding companies classified as non-operating businesses from its Global Investable Market Indexes. The changes take effect after the Nov. 30 market close, with the final list of affected companies scheduled for Nov. 11.The decision puts Michael Saylor’s Bitcoin treasury company at risk of losing access to billions of dollars in index-linked investment at a time when its stock has suffered one of its deepest declines since it adopted Bitcoin as…