Author: 行政

Bitcoin’s current pullback is weighed against past bear markets that saw deeper declines over longer periods. On-chain data suggests further downside pressure could emerge if Bitcoin weakens further in US dollar terms. A recurring gold–Bitcoin pattern, however, points to a potential stabilisation window in early 2026. Source: Tapping Into Crypto In the latest episode of Tapping Into Crypto, the hosts examine whether Bitcoin is already deep into a crypto winter or heading into a more severe phase. Drawing on historical market cycles, on-chain behaviour and broader macro conditions, the discussion outlines near-term downside risks alongside signals that could point to…

A public session of the UK’s House of Lords Wednesday heard criticism of stablecoins including that they’re virtually useless outside of on- and off- ramping between fiat and crypto. Financial Times economics writer, Chris Giles, argued that stablecoins are unlikely to have much impact on the broader UK financial system and suggested they’re heavily used in crime, calling them “new suitcases of cash.” US law Professor Arthur E. Wilmarth Jr. called the passage of the GENIUS Act in the US a “terrible, disastrous,” mistake but was hopeful the UK’s stablecoin regulatory strategy would be more thoughtful. A public session of…

Bitcoin’s 40% crash has revived bear market fears, with price action mirroring the brutal 2018 and 2022 cycles, though K33 Research dismisses the likelihood of another 80% wipeout. $74,000 is the “make-or-break” support level; a decisive break below it could accelerate a slide toward the $58,000 range (the 200-week moving average). Bottom signals are emerging as spot volume hit a “90th-percentile” peak of $8 billion on February 2, alongside a massive $1.8 billion flush of long positions in derivatives. Is Bitcoin’s (BTC) current drop the start of another brutal crypto winter like in 2018 and 2022, or are we experiencing…

Ethereum co-founder Vitalik Buterin has signaled a fundamental shift in the blockchain’s roadmap that declares the era of the “branded shard” effectively over.On Feb. 3, Buterin argued that the industry’s previous “rollup-centric” vision no longer makes sense, citing faster scaling on the main Ethereum layer and the sluggish pace of decentralization among major rollups.This philosophical correction lands squarely on the Coinbase-backed Base network.Over the past years, the Ethereum layer-2 solution has grown into one of the largest consumer-facing rollups in the crypto ecosystem, with more than $11 billion in total value secured (TVS).However, Buterin’s new roadmap position calls into question…

Julio Moreno, head of research at CryptoQuant, recently declared that Bitcoin is in a bear market that could extend through the third quarter of 2026.He’s not alone. Matt Hougan at Bitwise and a growing chorus of institutional voices are using the “bear” label more freely than at any point since early 2023.Yet the same analysts often hedge with structure: many institutions are holding or adding exposure even as they acknowledge the regime shift.This creates a definitional problem. If a bear market no longer means capitulation and exodus, what does it mean?And if the famous four-year cycle is dead, as VanEck,…

Solana dropped to $90 amid massive liquidations across the crypto market. Bitcoin and Ethereum fell to under $73,000 and $2,150. Standard Chartered forecasts SOL rally to $250 in 2026 and $2,000 by 2030. Cryptocurrencies are bearish, and Solana’s price has experienced one of the sharpest declines among top altcoins. In the past 24 hours, the cryptocurrency has dropped nearly 10% to under $91, with many traders caught off guard amid heightened market volatility. As can be seen in the crypto heat map below, Solana’s plunge aligns with broader market pressure. Billions of dollars in leveraged positions have been wiped out…

Ripple’s XRP dropped nearly 5% in 24 hours and 20% in the past week. Bitcoin’s dip to $72,900 saw XRP come close to breaking below $1.50. XRP saw over $19 million in ETF inflows on February 3, 2026. XRP has fallen sharply, shedding about 20% over the past week to trade near the critical $1.50 level. The Ripple cryptocurrency, which has declined by about 5% over the past 24 hours amid a broader crypto market downturn, risks dipping below a key level despite witnessing a fresh uptick in exchange-traded fund inflows. Overall bearish pressure has led the cryptocurrency market cap…

The White House’s end-of-February deadline for banks and crypto firms to resolve the “stablecoin yield” debate exposes a structural fault line that was never going to stay buried.This isn’t a speed bump on the road to crypto-friendly regulation. Instead, it’s a core collision that happens when digital dollars scale large enough to threaten the business model of deposit-taking itself.According to multiple reports, the White House convened banks and crypto representatives with an explicit mandate: find common ground on whether platforms can offer rewards on stablecoin holdings, or risk broader market structure legislation collapsing in 2026.Reuters confirmed the summit’s focus on…

Hyperliquid has broken ranks with the broader digital asset market, posting a massive double-digit rally while Bitcoin and other major altcoins like XRP suffer from the bear market.According to CryptoSlate’s data, Hyperliquid’s HYPE is one of the crypto market’s top performers over the past two weeks, jumping roughly 71% to a high of $35, its highest price since last December.This price performance reflects crypto traders’ positive sentiment about the protocol’s potential to expand product offerings.Notably, the price action stands in sharp contrast to the ugly tape elsewhere. Over the past weeks, a sharp risk-off wave has hit corners of the…

Ethereum was cheaper than expected in 2020, and rollup decentralization was slower than promised in 2021. Those two realities are forced the ecosystem to rewrite what “a layer-2” is for.Vitalik Buterin’s recent post on Ethereum Research bluntly frames the shift: the original vision of layer-2 (L2) blockchains as “branded shards” of Ethereum is no longer viable, and the ecosystem requires a new path.However, this isn’t abandonment. Instead, it is a re-tiering of expectations and a sharper definition of what different types of rollups are actually building.The question now is the new job description, since the premise underlying the rollup-centric roadmap…