Author: 行政

ETF investors split their crypto exposure last week. They cut the largest Bitcoin and Ethereum wrappers while still adding money to select altcoin products, putting XRP at the center of a broader test of institutional demand.U.S. spot Bitcoin ETFs lost about $1.79 billion from June 22 to June 26, while U.S. Ethereum ETFs shed about $273.5 million over the same window, based on Farside Investors’ Bitcoin ETF flow data and Ethereum ETF flow data. XRP spot ETFs still drew $22.99 million of net inflows, while HYPE wrappers added roughly $111.4 million, and SOL products ended slightly negative.The split points to…

Michael Saylor’s latest social media post has fuelled expectations Strategy will announce another Bitcoin purchase. Strategy’s Bitcoin holdings are valued well below their purchase cost, leaving the company with an estimated paper loss of US$13-14 billion. Falling share prices and pressure on Strategy’s financing model have prompted criticism despite its continued accumulation strategy. Michael Saylor has again hinted that Strategy could announce another Bitcoin purchase after sharing the company’s familiar acquisition tracker on X. Similar posts on 7 and 21 June were followed by disclosures of additional Bitcoin purchases the following day. The latest chart shows Strategy’s Bitcoin holdings are…

India’s USDT premium has turned local enforcement into a live price signal for dollar access.A stablecoin premium report said on June 29 that a supply crunch pushed India’s local premium above 8.5%, with USDT quoted around INR 102.88 while USD/INR closed near INR 94.65.That spread is far above the usual 3% to 4% premium range cited in the report. It points to an India-specific shortage of accessible dollar-linked crypto liquidity, with the extra cost falling on buyers who still need rupee routes into USDT.Global market data for Tether USDt showed the token trading around $1 on June 29 with substantial…

Binance recorded more than US$400 million (AU$568 million) in weekly net outflows as it withdrew its Greek MiCA licence application. The outflows represented a small proportion of Binance’s total assets and followed several days of billion-dollar net withdrawals. With the EU’s MiCA deadline approaching, Binance will restrict some services for affected users while continuing to pursue regulatory approval. Binance recorded more than US$400 million (AU$568 million) in net outflows during the week beginning 22 June, coinciding with its decision to withdraw its application for a Markets in Crypto-Assets (MiCA) licence in Greece ahead of the European Union’s regulatory deadline. Data…

China’s central bank gave Bitcoin traders a new liquidity gauge on June 29 by opening an overnight reverse repo channel worth 300 billion yuan, or roughly $44.1 billion.The signal lands as BTC tries to steady itself near $60,000. One operation shows the tool is live; repeated use would tell traders whether the PBOC is building a recurring liquidity valve that can change the risk-asset backdrop.The People’s Bank of China said it conducted 300 billion yuan of overnight reverse repos on June 29, alongside 157.5 billion yuan of seven-day reverse repos at a 1.40% rate. At the current conversion, the overnight…

US spot-Bitcoin ETFs bled more than US$1.3 billion last week, the bulk of it from BlackRock’s IBIT, as outflows ran for seven straight trading days. IBIT shed about US$444.5 million on June 26 alone, its largest single-day withdrawal since launching in January 2024. Glassnode analysts said investors are now cutting exposure rather than buying the dip, a reversal of the role the funds played in earlier downturns. US spot-Bitcoin exchange-traded funds shed more than US$1.3 billion (AU$1.885 billion) last week, the bulk of it from BlackRock’s IBIT, as the institutional investors once seen as the market’s steady hand turned into…

Ripple CEO Brad Garlinghouse said Strategy’s preferred-stock-funded bitcoin buying has damaged the broader market, while maintaining he stays bullish on bitcoin itself. He called STRC’s roughly 25% slide below its US$100 (AU$145) par value a “damning indictment” of the approach, as the preferred shares hit a record low. CryptoQuant warned Strategy should pause purchases and rebuild cash, noting the dividend cushion behind STRC has shrunk from over seven years to about 14 months. Ripple chief executive Brad Garlinghouse said Strategy’s strategy of funding bitcoin purchases with preferred-stock issuance has hurt the broader crypto market, even as he stressed he remains…

El Salvador’s Bitcoin reserve is back in the market spotlight because its public one-BTC-a-day narrative has resurfaced just as Bitcoin’s drawdown, IMF conditions, and wallet-accounting questions are pressing on the same policy.BitcoinTreasuries lists El Salvador’s government holdings at 7,696 BTC, worth about $460 million, as of Jun. 28. The figure keeps the country among the largest government-linked Bitcoin holders tracked by the site and gives the renewed debate over its one-Bitcoin-a-day strategy a concrete anchor.The market backdrop gives that debate urgency. CryptoSlate’s Bitcoin market page showed BTC changing hands around the $59,000 to $60,000 range, after a high-single-digit decline over…

OpenAI introduced GPT-5.6 on June 26 as a limited-preview family of frontier models with three tiers: Sol as the flagship, Terra as the balanced mid-range option, and Luna as the fast, low-cost tier.OpenAI says Sol performs competitively with Anthropic’s Mythos Preview on ExploitBench using roughly 33% of the output tokens, at $5 per million input tokens and $30 per million output tokens.The rollout is initially restricted to a small group of vetted partners via API and Codex, at the US government’s request, while OpenAI works through cybersecurity and release-process questions regarding the model’s capabilities in biology, coding, and offensive cybersecurity.Despite…

BlackRock’s iShares Bitcoin Trust has become the test Bitcoin bulls did not want. The ETF that helped turn regulated access into a simple institutional-demand story is now the main place where price-sensitive holders are showing up.Farside Investors’ Bitcoin ETF flow data shows that US spot Bitcoin ETFs lost roughly $1.79 billion over the June 22-26 trading week. IBIT accounted for about $1.30 billion of that total, or nearly 73% of the weekly exit.The latest daily line sharpened the signal: Farside’s June 26 table showed a $444.5 million net outflow from the ETF complex, with the full negative print coming from…