Author: 行政
USDC and USDT supply can grow to meet different kinds of demand for dollar stablecoins, according to Coin Metrics research published Oct. 20. For Bitcoin investors, that complicates treating their combined issuance as a single pool of cash waiting to buy BTC.The study associates stronger non-stablecoin crypto-market returns with slower USDC growth the following week and faster USDT growth. It also finds a lending-yield association specific to USDC. Those differences matter because a new dollar token can serve a borrower, a lender or someone staying in dollars before it ever reaches a Bitcoin trade.Aggregate stablecoin supply measures tokens outstanding. The…
Bitcoin’s rebound to around $83,500 raises a practical question: how can traders tell whether support is building? Glassnode’s proximity-weighted cost-basis framework looks at the supply positioned closest to the trading price.CryptoSlate’s Bitcoin market data showed about $83,500, up roughly 2.8% over 24 hours, at 09:44 UTC on Oct. 21. Glassnode’s Oct. 20 explanation of proximity-weighted cost basis, credited to Fountainhead Digital co-founder Vicky Yang, offers a way to assess that nearby inventory. The framework offers a test for the recovery ahead of the Oct. 27–28 Federal Reserve meeting: whether nearby positioning improves as buyers absorb supply.That distinction was visible in…
Adjusted stablecoin transfers totaled $891 billion in the third quarter of 2026, according to research Coinbase announced Oct. 20. The measure filters out trading infrastructure and automated activity. That was more than four times the $216 billion recorded in the first quarter of 2023.The Block Pro Research conducted the study for Coinbase, which commissioned the work. Its Allium-sourced data provides a benchmark for the scale and growth of transfers beyond the excluded parts of the crypto market.The report’s filter removes activity involving exchanges, decentralized finance, bridges and other infrastructure, along with automated transactions and stablecoin issuance or redemption. The $891…
Lido Lend, a proposed lending protocol from Lido contributors, could let ETH lenders shrink borrowers’ positions before liquidation if its final rules make healthy loans eligible for collateral withdrawals. Its Fallback Exits design would cover a lender’s withdrawal shortfall with borrower collateral while reducing the affected debt.In the ETH/wstETH example in the October 16 disclosure, lenders supply ETH and borrowers pledge wstETH to borrow it. An exit into that collateral would leave the lender exposed to a staking token before obtaining ETH. Exact borrower eligibility and the token-versus-claim delivery interface remain unsettled.Lido contributors introduced the lending project on October 7…
Binance will update the collateral value of bStocks, tokenized securities tied to US-listed equities, around the clock from Oct. 24 at 00:00 UTC. Eligible margin accounts could lose some of their collateral cushion while US stock markets are closed.The exchange’s Oct. 20 notice schedules continuous updates to the bStocks collateral index. During non-trading periods, including weekends, holidays and daily maintenance windows, that index will reference Binance trading prices when external market data is unavailable.bStocks are certificates providing equity price exposure, without direct ownership of the underlying shares or shareholder rights.Binance uses the index to value bStocks collateral before applying the…
Swiss regulator FINMA approved the Bitcoin Fund ETF (BBIT), which is expected to begin trading on the SIX Swiss Exchange in November. Managed by BIT Asset Management, BBIT will hold Bitcoin directly and operate under Swiss investment fund laws rather than as a debt-based ETP. FINMA granted an exemption from standard diversification requirements, citing Bitcoin’s longer trading history and higher trading volumes. The regulator warned that Bitcoin remains highly volatile and investors could suffer substantial losses despite custody safeguards and investor protections. Swiss investors are getting a brand-new exchange-traded fund (ETF) that lets the public invest in Bitcoin. The Swiss…
About 1.3 billion SpaceX shares become eligible for sale on Oct. 22, worth roughly $194.3 billion at the Oct. 20 close of $147.89.A week earlier, Aave Labs proposed accepting tokenized SpaceX shares (SPCXc) as collateral on its V4 Equities Hub on Base. Aave’s risk adviser LlamaRisk published its assessment of the listing on Oct. 15 with the largest unlock dated for early November, and SpaceX’s earnings date pulled that release forward by about two weeks.LlamaRisk modeled the earnings-linked release for Nov. 5 to Nov. 9 using third-party earnings estimates.SpaceX confirmed on Oct. 16 that it would report on Oct. 20,…
Key takeaways Bitcoin traded around $82,800 on Wednesday, maintaining gains from the previous session. BTC remains above its 50-day and 200-day EMAs, supporting a constructive technical backdrop. Support lies at $80,769, with deeper levels at $77,862 and $76,090. Bitcoin stabilizes after bullish daily close Bitcoin held near $82,800 on Wednesday after a modest recovery the previous day, as easing selling pressure supported hopes of further gains. Ethereum and XRP also remained steady following bullish daily closes, according to the report. However, the supplied technical analysis focuses on Bitcoin. BTC continues to trade above its 50-day Exponential Moving Average at $80,769…
Bitwise Asset Management’s 19 October letter asks the SEC to state when a token separates from an investment contract in terms a non-issuer can apply from public information. The Hyperliquid Policy Center supports the proposal and lists five refinements covering airdrops, secondary trading, the safe harbour, token buybacks and state preemption. Public comment on Regulation Crypto Assets, which would let issuers sell up to US$75 million (AU$107.25 million) of tokens a year under an exemption, closed on 20 October. Bitwise Asset Management and the Hyperliquid Policy Center filed comment letters on 19 October asking the US Securities and Exchange Commission…
Coinbase’s push to prepare Bitcoin for quantum computing addresses what happens when a wallet returns from an old backup or a signing server fails.Brian Armstrong called on Oct. 20 for preparation and collaboration across the industry. The operational detail comes from Shashank Agrawal’s Oct. 13 Coinbase article, which asks prospective signature schemes to work with ordinary wallets, recovery procedures, and independently operating custody servers.SHRINCS, a draft hash-based signature scheme for Bitcoin, combines smaller signatures that require a reliable record of previous signing with a larger fallback that works without that record. Under its current rules, recovery with uncertain state means…