Author: 行政

Michael Saylor signaled a new Bitcoin buy with his “More Orange” post on Sunday, February 1, 2026, typically preceding an official disclosure on Monday. Strategy now holds 712,647 BTC, controlling approximately 3.4% of the total supply after adding 2,932 coins in late January. Capital raising has slowed as the company’s stock hit a 52-week low of $149, while its preferred stock (STRC) traded below its $100 par value. Strategy (MSTR) executive Chairman Michael Saylor just pointed to another Bitcoin (BTC) purchase, adding more BTC to its already large holdings, even as pressure on its own share price makes it harder…

Bitcoin fell below $80,000 on Monday, dropping as low as $75,644 as it broke under its 21-week moving average—a key technical level that often signals a bear market. Over $2.5 billion in liquidations hammered the market over the weekend, making it the 10th-largest wipeout in history as Bitcoin fell 17% from its $90,000 January highs. $1.82 billion exited spot ETFs in just five days, marking a massive sentiment shift from mid-January when the market saw record-breaking inflows. Bitcoin (BTC) held below US$80,000 (AU$122,400) on Monday after a more than 6% slide the previous day, with data from ETFs, derivatives, and…

US sanctions target UK crypto exchanges accused of facilitating Iran-linked financial activity. Treasury alleges exchanges processed billions through USDT networks tied to the IRGC. Action forms part of broader crackdown on Iranian officials and sanctions evasion. The US Treasury has sanctioned two UK-registered cryptocurrency exchanges, marking the first time entire digital asset platforms have been blacklisted under Iran-specific sanctions authorities. The Office of Foreign Assets Control announced on Friday that Zedcex and Zedxion were designated for allegedly processing transactions linked to Iran’s Islamic Revolutionary Guard Corps (IRGC). US officials said the exchanges facilitated nearly US$1 billion (AU$1.44 billion) in transactions…

Spot Bitcoin and Ether ETFs lost $1.82 billion over five trading days, with Bitcoin accounting for $1.49 billion of the total net withdrawals. Massive liquidations fueled the decline, as over $2.5 billion in leveraged positions were wiped out, the 10th largest daily event on record. Economic uncertainty triggered the exit, driven by a 43-day US government shutdown and a surge in gold and silver prices that drew capital away from risk assets. US-listed spot Bitcoin and Ether ETFs recorded sustained outflows over the past week as crypto prices fell and leverage unwound across the market. Data from SoSo Value shows…

The “Bye America” trade has a habit of returning when markets stop debating whether the US is still the safest house on the block and start debating the price of living in it.Over the past week, that debate has shown up in the dollar. A weaker dollar is rarely a story by itself, but it often arrives with a familiar set of consequences: global portfolios reassess how much US exposure they want, hedges get recalculated, and risk budgets get rewritten.Bitcoin has been catching some of that wind, but the move only makes sense once you look past the simple chart…

By the end of 2025, a corner of the market most Ethereum traders rarely watch had built a position large enough to matter for everyone else.Everstake’s annual Ethereum staking report estimates that public companies’ “digital asset treasuries” collectively held roughly 6.5–7.0 million ETH by December, which is more than 5.5% of the circulating supply.Graph showing the cumulative ETH digital asset treasury holdings by public companies from March 2025 to December 2025 (Source: Everstake)The number is huge, but the more important part is why these companies chose ETH in the first place.Bitcoin’s corporate-treasury playbook is built around scarcity and reflexivity: buy…

Bitcoin treasuries are designed to look uncomfortable in drawdowns, because the trade they’re running is simple: take a volatile asset, put it on a corporate balance sheet, and finance more of it through capital markets. When Bitcoin drops, the mark-to-market hit is the point, not the punchline.The real question is whether the company can keep its funding machine running long enough for volatility to swing back the other way.Bitcoin’s price of about $78,500 on Feb. 1 turns the conversation about unrealized losses into a stress test for everyone who bought closer to the cycle highs, and a reminder that early…

In a global investor survey from Coinbase Institutional and Glassnode, 1 in 4 institutions agreed that crypto has now entered a bear market. Yet the majority of institutions still said Bitcoin was undervalued, and most said they had held or increased exposure since October.That discrepancy matters because it captures how institutions are positioning right now: caution about the regime, a willingness to stay allocated, and a preference for concentrating risk in Bitcoin rather than in smaller, more volatile tokens that can unwind quickly when leverage comes out.A bear market label, a value bidThe report’s market framing explains why the paradox…

Japan spent decades as the world’s best destination for the world’s easiest funding trade. You could borrow yen at very low rates, buy almost anything with a higher yield, hedge just enough to feel responsible, and assume the Bank of Japan would keep volatility contained.Late January 2026 is what it looks like when that assumption starts to break.The BOJ’s Jan. 23 decision kept its policy rate guidance around 0.75%. However, the BOJ also made it clear it still sees a path where further hikes remain possible and that it’s not treating 0.75% as a finish line.At the same time, Japan’s…

Trump picked Kevin Warsh for Fed chair, the first big market change may be the way the Fed talksWhen Donald Trump says Jerome Powell “got it wrong,” he usually means one thing: rates should have come down faster.Powell, for all the heat he takes, has still been a fairly standard Fed chair. He speaks like a central banker.He repeats himself on purpose. He tries to keep the Fed’s message boring, even when the numbers are doing anything except boring.That boring style is a feature for markets. Traders price the decision, they price the dots, they price a handful of key…