Author: 行政

A single wallet roundtripped $142.5 million in unrealized profit on Hyperliquid, peaking on Jan. 13 before collapsing to a negative $8.76 million loss as of Jan. 29.Meanwhile, all of this was visible in real time through public dashboards. The trader built a reputation during October 2025’s historic liquidation wave and now operates under a microscope, where every entry, exit, and margin adjustment is broadcast to spectators, copycats, and adversaries.The $151 million swing represents both the promise and peril of transparent leverage: visibility improves market monitoring, but it also turns big positions into coordination targets and makes the distance between triumph…

On Jan. 29, the Senate Agriculture Committee advanced the crypto market-structure bill, giving the legislation known as the “CLARITY Act” its first concrete win in the Senate.The Agriculture panel’s action moves the bill closer to a full Senate fight over which regulator sets the rules for spot crypto markets.However, the bigger near-term problem is that lawmakers are struggling to resolve an escalating fight over stablecoin “interest” and rewards.This impasse has already led to gridlock in the banking committee, prompting the White House to intervene. Related ReadingHere’s how the US government now offers a path to a new all-time high for Bitcoin…

Kevin Warsh nominated as Fed Chair, pending Senate confirmation. Known for hawkish policy yet supportive of cryptocurrencies. Markets and crypto reacted quickly to the nomination news. US President Donald Trump has officially nominated Kevin Warsh as the next Chair of the Federal Reserve. The announcement came through Trump’s social media platform, highlighting Warsh’s experience and expertise. Donald Trump announces his Fed Chair pick | Source Truth Social Warsh, 55, is a former member of the Federal Reserve Board of Governors, having served from 2006 to 2011. He was on the Fed during the 2008 financial crisis, giving him significant insight…

Ethereum’s most infamous experiment is back. Not as a venture fund, but as something the ecosystem arguably needs more: a permanent security budget.On Jan. 29, a group of Ethereum veterans announced plans to convert roughly 75,000 ETH in decade-old recovery funds into a staked endowment whose yield will finance smart contract security work across Ethereum and its layer-2 ecosystem.The capital comes from “edge case” funds left over from the 2016 hard fork that rescued TheDAO from collapse. Those are funds thatwere always intended, if unclaimed, to support security infrastructure.A decade later, the tooling and threat landscape have matured enough to…

Bitcoin’s Thursday slide was a perfect illustration of a market that lost its marginal buyer and then discovered, in real time, how much leverage was sitting on top of that demand.The move wasn’t a smooth ride lower; it came in sharp legs that pushed the price from $84,400 toward the low-$81,000s in a matter of minutes, with brief rebounds that failed to repair the damage.Graph showing Bitcoin’s price on Jan. 30, 2026 (Source: CryptoSlate BTC)The drawdown caused a massive liquidation wave that reached roughly $1.7 billion, a scale of forced unwinds that tends to appear when positioning has become one-sided…

Bit Digital is exiting Bitcoin mining to focus entirely on Ethereum staking and AI infrastructure. The company is now an “Ethereum treasury” firm, holding 155,227 ETH as of late 2025, with nearly 90% of those assets actively staked for yield. AI compute via WhiteFiber is the primary growth driver, generating nearly 60% of total revenue as of late 2025. Bit Digital (Nasdaq: BTBT) said it plans to fully wind down its Bitcoin mining business, extending a shift it has been making toward an Ethereum-focused treasury model and AI-related infrastructure. In a letter to shareholders on Thursday, chief executive Sam Tabar…

This is a familiar story for those who have been in crypto for a while. Bitcoin crashes, rebounds, and a few altcoins follow after. Yet, that small- or medium-cap crypto with promising fundamentals never followed through.The question investors won’t say aloud: Why did my token never catch the recovery bid?The answer has less to do with the coin’s fundamentals and more to do with how crypto’s microstructure has fundamentally reshaped itself.The “investable altcoin market” has contracted into a top-heavy pyramid in which new liquidity doesn’t rotate down the capitalization curve. Instead, it concentrates in majors and occasionally in ETF-credible large…

Solana’s active validator count has plummeted 68%, dropping from over 2,500 in 2023 to roughly 795 in early 2026. Smaller operators are being priced out by intense competition from zero-fee institutional validators and annual voting costs that now exceed $49,000. Network decentralisation is weakening, as evidenced by the Nakamoto Coefficient falling from 31 to 20, signaling that control is concentrating among fewer large-scale entities. Solana’s validator network is shrinking fast due to economic reasons. According to data from Solana Compass, the number of active validators has fallen from about 2,560 in early 2023 to roughly 795 today, a 68% drop.…

The Senate Agriculture Committee advanced a long-delayed crypto market structure bill on a narrow party-line vote after rejecting all proposed amendments. Democrats pushed for ethics and bipartisan safeguards, while Republicans moved ahead citing stalled negotiations and the need for regulatory clarity. The bill now awaits consolidation with separate Senate Banking Committee legislation before any full Senate vote. US lawmakers moved a long-delayed crypto market structure bill forward on Thursday following a closely watched markup session in the Senate Agriculture Committee, marking a significant procedural step despite deep partisan divisions. The committee advanced the legislation on a 12–11 party-line vote after…

Bitcoin is struggling to avoid a fourth consecutive monthly decline as the cryptocurrency market grapples with a fundamental shift in momentum that has left most investors underwater.Data from CryptoSlate indicate that the largest digital asset declined by nearly 7% over the last 24 hours to $82,513.According to CoinGlass data, long traders speculating on the BTC price were liquidated for more than $750 million during the shock price collapse. This is the highest level of losses for this cohort of traders since last November.Bitcoin Price Liquidation in the Last 24 Hours (Source: CoinGlass)Consequently, BTC is on course to suffer its fourth…