Author: 行政
Neel Kashkari said cryptocurrencies have not demonstrated real-world usefulness despite more than a decade of existence, contrasting them with AI’s growing economic relevance. He questioned whether stablecoins offer any advantage over established digital payment platforms, particularly for US consumers. His remarks stand in contrast to the Trump administration’s support for Bitcoin and regulated dollar-backed stablecoins as strategic financial tools. Federal Reserve Bank of Minneapolis President Neel Kashkari has dismissed cryptocurrencies and stablecoins as lacking practical value, describing the sector as “utterly useless” more than a decade after its emergence. Speaking at the 2026 Midwest Economic Outlook Summit in Fargo, North…
US spot Bitcoin ETFs have recorded US$53 billion in cumulative net inflows, significantly exceeding initial projections despite a US$10 billion drop from the October peak. The slower pace of ETF selling amid a 50% price decline suggests that many institutional holders are maintaining long-term exposure rather than exiting the market. Market sentiment remains under pressure with Bitcoin trading near US$67,000 as hawkish Federal Reserve minutes and institutional-led adoption continue to shape the financial landscape. US spot Bitcoin ETFs have pulled in about US$53 billion (AU$81.09 billion) in cumulative net inflows even after months of withdrawals, according to Bloomberg ETF analyst…
Two spot Sui ETFs began trading in US markets on Feb. 18. Canary’s SUIS is listed on Nasdaq, while Grayscale’s GSUI appeared on NYSE Arca.Both products offer staking-enabled exposure to Sui, the layer-1 blockchain positioned as a high-throughput alternative to Ethereum.By the end of the first trading session, GSUI had moved roughly 8,000 shares. SUIS traded around 1,468. Combined notional volume came in under $150,000, a figure so low it barely registered on the tape.While Solana’s BSOL debuted with $55.4 million in day-one trading volume in October 2025 and XRP’s XRPC opened with roughly $58 million a month later, Sui’s…
South Korean prosecutors recovered 320.8 BTC, worth roughly US$21.4 million, that was stolen from government custody after investigators inadvertently entered recovery seeds into a phishing site. The hacker returned the funds voluntarily after prosecutors blocked linked exchange accounts, making it nearly impossible for the attacker to liquidate the stolen assets. The recovery follows reports of other missing government-held crypto, including 22 BTC missing from the Seoul Gangnam Police Station, prompting further internal investigations into potential insider involvement. South Korean prosecutors have recovered about US$21.4 million (AU$32.7 million) in Bitcoin (BTC) that was stolen from government custody last year, local media…
Coinbase expanded its US crypto-backed loans to accept XRP, Dogecoin, Cardano, and Litecoin as collateral, joining Bitcoin and Ethereum. Eligible users can borrow up to US$100,000 in USDC through the decentralised Morpho protocol, which manages loan rules on-chain to avoid selling assets. The service allows holders to access liquidity without triggering capital gains taxes, though it requires wrapping tokens and carries automatic liquidation risks if collateral values drop. Leading crypto exchange Coinbase (COIN) has officially expanded its US crypto-backed loans to accept XRP, Dogecoin (DOGE), Cardano’s ADA and Litecoin (LTC) as collateral. According to the announcement, eligible users can borrow…
CME Group has spent most of its life as the financial plumbing moving the gears behind wheat hedges, rate bets, equity futures, the quiet machinery that keeps risk moving. Now it is taking a very public step into crypto’s always-on world.On May 29, CME says it will launch 24/7 trading for its cryptocurrency futures and options on the CME Globex platform, starting at 4:00 p.m. CT, pending regulatory review.That sounds like an operational update, the kind that usually lands with a shrug. In Bitcoin land, it touches one of the longest running storylines in chart watching culture, the so-called CME…
Bitwise senior research associate Max Shannon warned that Ethereum could drop over 20% to US$1,500 if its current monthly decline continues into March. Shannon characterised ETH as a high-volatility proxy for Bitcoin, noting that it consistently amplifies Bitcoin’s downward moves despite supportive fundamentals like spot ETFs and regulatory clarity. The market’s bearish sentiment is further reflected by Peter Thiel’s recent exit from ETHzilla and a focus on technical price action over positive ecosystem developments like OpenAI’s new security benchmarks. The price of Ethereum (ETH) might as well drop over 20%, to a low of US$1,500 (AU$2.2K) if the selloff continues…
Lightning processed US$1.17bn across 5.22 million transactions in November 2025 despite weak Bitcoin price action. Exchange flows and merchant adoption drove growth, based on aggregated node data covering over 50% of network capacity. Average transaction size rose while total count remained below 2023’s micropayment-driven peak, with AI experimentation seen as a potential catalyst. Bitcoin’s Lightning Network recorded more than US$1 billion (AU$1.41 billion) in monthly transaction volume in November 2025, according to new figures released by River. River estimated that the network processed US$1.17 billion (AU$1.65 billion) across 5.22 million transactions during the month. The milestone was reached even though…
Ripple CEO, Brad Garlinghouse, has said he believes there’s an 80% chance the CLARITY Act gets signed into law before the end of April. Garlinghouse said the leadership on crypto coming out of the White House gives him confidence the legislation will progress quickly. His comments coincided with a significant spike on prediction markets of the odds of the CLARITY Act passing into law this year, following positive comments from Coinbase CEO Brian Armstrong and Senator Bernie Moreno. Ripple CEO, Brad Garlinghouse, said there’s an 80% chance the US crypto market structure bill, known as the CLARITY Act, will be…
The Royal Canadian Mint (RCM) is marking the 30th anniversary of Canada’s $2 circulation coin — the “Toonie” — with a limited-edition non-circulation special wrap roll for collectors. The milestone commemorates three decades since the bi-metallic coin replaced the banknote of the same denomination in 1996. Collector edition $2 special wrap roll marking the 30th anniversary of the Toonie More than one billion Toonies have entered circulation since their debut, each bearing the familiar polar bear reverse created by Canadian artist Brent Townsend. The coin quickly became a fixture in everyday transactions following the earlier success of Canada’s $1 coin introduced…