Author: 行政

Silicon Valley Bank (SVB) believes 2026 is the year we’ll see crypto fully adopted and embedded into the core systems of financial institutions. According to SVB this shift will be driven largely by improved regulatory clarity giving the green light for institutions to fully adopt blockchain-based financial innovations like stablecoins and tokenisation. Despite cryptocurrency prices being down and retail sentiment hitting historic lows, Silicon Valley Bank (SVB) believes 2026 is the year that crypto finally gets fully integrated into financial institutions and the broader mainstream economy. Speaking to CoinDesk, SVB’s Senior Vice President of Crypto, Anthony Vassallo, said improved regulatory…

Large institutions are integrating stablecoin rails into payment infrastructure, accelerating adoption without requiring retail education. Significant cost reductions compared with traditional fiat systems are driving corporate migration to blockchain-based settlement. Bitcoin is framed as the decentralised monetary base, while stablecoins serve as a transitional tool during market maturation. Mainstream cryptocurrency adoption is more likely to be delivered through large-scale institutional integration than through individual persuasion, according to the latest Tapping Into Crypto Podcast. Rather than persuading individuals to “opt in”, institutions are embedding blockchain infrastructure directly into the plumbing of global payments. Institutional Rails Already in Motion The discussion references…

Metaplanet reported a full-year loss of ¥95 billion driven by a sharp mark-to-market decline in its 35,100 Bitcoin holdings. The company’s Bitcoin stash is currently valued at roughly US$2.4 billion against an accumulation cost of US$3.8 billion, leaving it approximately 37% underwater. Similar treasury strategies are struggling across the sector as Strategy reported a US$17.4 billion unrealised loss for Q4 2025 following the market downturn. Well, Metaplanet’s Bitcoin (BTC) treasury strategy is starting to look painful on the income statement.  The Japanese firm reported a full-year loss of ¥95 billion, which it pegged at about US$605 million (AU$925 million), on…

Bitcoin’s recent price crash towards $60,000 did more than just shave billions off market capitalizations or liquidate leveraged positions.It served as a massive, chaotic stress test that exposed a widening behavioral fracture between the two most dominant venues in the digital asset economy.On one side stands Coinbase, the largest US exchange, where Chief Executive Officer Brian Armstrong has painted a picture of stoic resilience among retail investors.On the other hand lies Binance, the leading offshore venue, where on-chain data depict frenetic selling and risk aversion.This divergence matters because it reframes the narrative for the weeks ahead.Thus, Bitcoin’s drop to the…

In 2025 and early 2026, Bitcoin’s behavior has been less “digital gold” and more regime-dependent. Sometimes it trades like a tech beta, then like a rates-and-liquidity-duration trade, and only intermittently like a hedge.The real story is which macro regime makes which identity dominate next.The setup matters. The Federal Reserve held the Fed funds target range at 3.5% to 3.75% on Jan. 28, reinforcing a “watch incoming data” stance rather than a clean easing tailwind.The IMF’s January 2026 update projects 3.3% global growth in 2026, with “technology investment and accommodative financial conditions” offsetting trade headwinds, an environment that tends to keep…

Aave Labs posted a governance proposal on Feb. 12 asking tokenholders to endorse a strategic package that would direct 100% of Aave-branded product revenue to the DAO treasury, formalize brand protection, and center the roadmap on Aave V4.The initiative was named the “Aave Will Win Framework.”The proposal hasn’t been implemented yet, as an early governance temperature check. Yet, the public framing is unambiguous: “We believe there’s no better time to align behind a token-centric vision and position Aave to win over the next decade.”That timing language is the real story.Aave isn’t just restructuring its economics. Instead, it is building as…

The scoop: Bitcoin is on pace for a fifth straight monthly drop if February closes red, its longest losing streak since 2018, while spot ETF flows flip persistently negative, reinforcing a new reality: post-ETF BTC is trading like a rates-and-risk instrument. If it doesn’t reverse in March and reclaim $80k, it will equal its worst period ever. Bitcoin has closed lower in each of the past four months, and February is negative mid-month, setting up a fifth straight monthly decline.That outcome would mark Bitcoin’s longest monthly losing streak in six years, a stretch now being framed less as chart trivia and…

The scoop: The Netherlands has just moved to tax Bitcoin like a stock, marked to market. Lawmakers in the Dutch House backed a Box 3 overhaul that would tax “actual returns,”  including annual price changes in liquid assets like BTC, at a flat 36%, even if you never sell. The plan targets Jan. 1, 2028 (pending Senate approval), turning Bitcoin’s volatility into a yearly cash-flow problem.The Dutch House of Representatives has approved a major overhaul of the Netherlands’ Box 3 regime that would tax “actual returns” on savings and investments, including the annual change in value of liquid assets such as…

The U.S. Mint recently published images of two highly anticipated products for this year: the clad 2026 Proof Set and the 2026 Silver Proof Set. The sets contain the nation’s 250th-anniversary coinage, with most of them dual-dated and featuring one-year-only designs. U.S. Mint images showing two of several product views of the yet-to-be-released clad 2026 Proof Set Part of the Mint’s flagship collections of annual sets, all the coins are struck at the San Francisco Mint in proof finish with frosted designs and mirror-like backgrounds. Regular coins found in circulation are produced at the Denver and Philadelphia Mints. The 2026…

I came across some analysis this morning that cut through the usual stream of charts and market takes with a stark claim: there is “almost no cash on the sidelines.”If true, it challenges one of the most persistent assumptions in both crypto and traditional markets, that a wall of idle capital is waiting to rotate into risk assets like Bitcoin and equities.Cash is supposed to be the safety valve, the dry powder that fuels the next leg up after a pullback. When investors believe there is abundant liquidity on the sidelines, dips look like opportunities.But if sidelined cash is already…