Author: 行政

Bitcoin’s four-year cycle used to be a comfort blanket. Even people who claimed they didn’t believe in it still traded as they did.The halving would cut new supply, the market would spend months pretending nothing happened, then liquidity would show up, leverage would follow, retail would rediscover its password, and the chart would start a new race to a new all-time high.21Shares lays out the “old playbook” in blunt numbers: 2012’s run from about $12 to $1,150 and an 85% drawdown, 2016’s move from about $650 to $20,000 and an 80% drawdown, 2020’s climb from about $8,700 to $69,000 and…

Companies would be limited to investing up to 5% of their equity capital. Only top market cap tokens on major regulated exchanges would be eligible. Stablecoin inclusion remains under regulatory discussion. South Korea is preparing to reopen its digital asset market to corporate money, marking a major shift after nearly a decade of tight restrictions. Financial regulators are updating long-standing guidelines that have barred companies from holding crypto assets since 2017, a period defined by concerns over money laundering and market instability. The proposed changes would allow listed companies and professional investors to allocate a limited portion of their balance…

Coinbase is reportedly lobbying US lawmakers to reject any move to amend the crypto market structure bill to restrict its ability to pay rewards to stablecoin holders on its platform. Coinbase relies on revenue generated from interest on the reserves backing stablecoins like USDC as a significant source of income, making as much as US$1.3 billion from it in 2025. The US banking industry is seeking a ban on any yield payments to holders of stablecoins, arguing it represents a threat to the US banking system and will weaken community lending. Cryptocurrency exchange, Coinbase, is ramping up pressure on US…

The action was detected by Whale Alert and ranks among the largest single-day USDT freezes. Tether has frozen over $3 billion in assets from more than 7,000 addresses since 2023. Stablecoins now account for the majority of illicit crypto activity tracked by Chainalysis. Tether, the issuer of the world’s largest stablecoin, froze more than $180 million worth of USDT within 24 hours, underscoring the growing role of centralized control and law-enforcement coordination in the stablecoin market. The event stands out not only for its size but also for what it reveals about issuer-level control in the crypto economy. As regulators…

Spot XRP ETFs have attracted $1.2 billion in net inflows since November 2025, recording positive growth on nearly every trading day despite heavy outflows from Bitcoin and Ethereum funds. Institutional interest is being driven by Ripple’s $500 million raise, new partnerships with Mastercard and Gemini, and the potential passage of the Clarity Act to formalise crypto regulation. Skeptics remain cautious, noting that XRP lacks significant “builder mindshare” among developers and questioning whether ETF buyers will view the token as a viable long-term core holding. XRP exchange-traded funds have taken in about US$1.2 billion (AU$1.84 billion) since launching in mid-November 2025.…

Monero surpassed US$500 for the first time since 2021, marking a 20% weekly increase and nearing its previous all-time high of US$517.50. Investor interest is fueled by increased regulatory scrutiny and positive outlooks from firms like Grayscale and Coinbase, who view privacy coins as a major emerging market theme. Capital is shifting from Zcash to Monero because of leadership resignations and internal drama at the Electric Coin Company, making XMR the preferred choice for privacy-sector exposure. Monero (XMR) has surged past US$500 (AU$746) for the first time since 2021, rising over 20% in a week. The privacy coin rose more…

Vitalik Buterin identifies three main structural issues in decentralised stablecoins: USD dependence, vulnerable oracles, and destabilising staking yields. Past failures, such as the US$40 billion (AU$60.4 billion) TerraUSD collapse, highlight the risks of high yields and weak governance. Decentralised stablecoins remain a minor share of the market, with centralised options like Tether dominating the US$291 billion (AU$439 billion) sector. Ethereum co-founder Vitalik Buterin has emphasised the need for improved decentralised stablecoins, highlighting structural weaknesses that have persisted in the crypto sector. He identified three main challenges: overreliance on the US dollar, oracle designs vulnerable to capture, and competition created by…

For years, stablecoins have been crypto’s most useful invention and its most awkward dinner guest. Useful because they turn blockchains into 24/7 dollar rails, and awkward because while the promise is simple, securing trust rarely is.A digital token worth exactly a dollar sounds reassuring to non-crypto folk right up until someone asks where the dollars are.Now Wyoming wants to answer that question with the oldest credibility hack in America: a state seal.The Frontier Stable Token, $FRNT, is Wyoming’s new, dollar-redeemable stable token, issued under a statutory framework and overseen by the Wyoming Stable Token Commission. It’s also an overt political…

Grayscale has turned Ethereum’s staking yield into something ETF investors instantly recognize: a cash distribution.On Jan. 6, the Grayscale Ethereum Staking ETF (ETHE) paid around $0.083 per share, totaling $9.39 million, funded by staking rewards the fund earned on its ETH holdings and then sold for cash.The payout covered rewards generated from Oct. 6 through Dec. 31, 2025. Investors on record as of Jan. 5 received it, and ETHE traded ex-distribution on that record date, following the same calendar mechanics used across its stock and bond funds.It’s easy to shrug at this as a niche detail inside a niche product.…

A tax employee in Bobigny used internal software to compile dossiers on cryptocurrency specialists, billionaire Vincent Bolloré, prison guards, and a judge. She passed the information to criminals who paid €800 to attack a prison officer at home in Montreuil.Her appeal was rejected Jan. 6, as reported by local media.The case matters less for what happened than for how targets were selected. The newest vector isn’t Telegram doxxing or compromised exchanges. It’s privileged access to state identity systems that map names to addresses, phone numbers, and family structures with a single query.France’s National Police Inspectorate logged 93 investigations in 2024…