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La fracture de la gouvernance d'Aave s'aggrave alors qu'un groupe de gouvernance majeur quitte le protocole DeFi de 26 milliards de dollars
Le conflit était centré sur une proposition de financement du développement de produits et de l'expansion, que l'ACI a opposée en raison de préoccupations concernant le vote auto et le manque de transparence.
L'Initiative Aave Chan, l'un des groupes de gouvernance les plus actifs au sein de l'Aave DAO, a annoncé sa fermeture après un différend concernant la transparence et le pouvoir de vote lié à une demande de budget record de Aave Labs.
Marc Zeller, fondateur de l'ACI, a annoncé que l'équipe de huit personnes ne cherchera pas à renouveler son contrat et mettra fin à ses opérations au cours des quatre prochains mois. Le groupe prévoit de continuer à participer à la gouvernance pendant cette période tout en transférant l'infrastructure et en open-sourçant ses outils.
L'Initiative Aave Chan, l'un des groupes de gouvernance les plus actifs au sein de l'Aave DAO, a annoncé sa fermeture après un différend concernant la transparence et le pouvoir de vote lié à une demande de budget record de Aave Labs.
Marc Zeller, fondateur de l'ACI, a annoncé que l'équipe de huit personnes ne cherchera pas à renouveler son contrat et mettra fin à ses opérations au cours des quatre prochains mois. Le groupe prévoit de continuer à participer à la gouvernance pendant cette période tout en transférant l'infrastructure et en open-sourçant ses outils.
Voir la traduction
Scam token’ case against Uniswap dismissed by U.S. district judge in NYC
District Judge says that due to the protocol’s decentralized nature, the identities of the scam token issuers are basically unknown, leaving plaintiffs with no identifiable defendant.
A federal judge has dismissed a proposed class action lawsuit against Uniswap Labs, CEO Hayden Adams and several venture capital backers, ruling they cannot be held liable for alleged “rug pull” tokens traded on the decentralized exchange’s protocol
In a ruling issued Monday by the U.S. District Court for the Southern District of New York, Judge Katherine Polk Failla threw out the remaining state law claims in Risley v. Universal Navigation Inc., the Brooklyn-based firm that operates Uniswap. after previously dismissing the plaintiffs’ federal securities claims. The decision effectively ends the case at the district court level.
The ruling is one of the first to specifically address whether developers and investors behind a decentralized protocol can be held liable under existing securities and state laws for tokens created and traded by third parties.
Due to the Protocol’s decentralized nature, the identities of the Scam Token issuers are basically unknown and unknowable, leaving Plaintiffs with an identifiable injury but no identifiable defendant,” Failla wrote.
Undaunted, they now sue the Uniswap Defendants and the VC Defendants, hoping that this Court might overlook the fact that the current state of cryptocurrency regulation leaves them without recourse, at least as to the specific claims alleged in this suit,” she added.
Irina Heaver, a UAE-based crypto lawyer, told CoinDesk “the dismissal signals that courts are beginning to engage more seriously with the realities of decentralization.”
By recognizing that a permissionless protocol governed by autonomous smart contracts is not the same as a centralized intermediary exercising control, the court drew an important distinction for DeFi, she explained.
When code executes automatically and there is no discretionary control, liability cannot simply be reassigned to developers because bad actors misuse the infrastructure,” Heaver said. “The real question now is how this reasoning carries into criminal cases such as Tornado Cash. If decentralization is acknowledged as a structural reality, prosecutors will need to prove intent and control, not merely authorship of code.”
Brian Nistler, Uniswap’s head of policy, celebrated the ruling on X, calling it “another precedent-setting ruling for DeFi.” He highlighted what he described as his “favorite quote” from the case: “It defies logic that a drafter of a smart contract, a computer code, could be held liable … for a third party user’s misuse of the platform.”
The plaintiffs, a group of investors , claimed they lost an undisclosed amount of money after purchasing dozens of tokens on the Uniswap Protocol that they later described as scams. Because the token issuers were unidentified, the investors instead sued Uniswap Labs, the Uniswap Foundation, Adams and venture firms Paradigm, Andreessen Horowitz and Union Square Ventures.
Failla rejected the argument that the defendants could be held responsible simply for providing the infrastructure on which the tokens were issued and traded.
Plaintiffs’ theories of liability are still predicated on Defendants having ‘facilitated’ the scam trades by providing a marketplace and facilities for bringing together buyers and sellers of Tokens,’” Failla wrote, concluding that the claims failed as a matter of law.
In an earlier dismissal of the federal claims, Failla said it “defies logic” to hold the drafter of a smart contract liable for a third party’s misuse of the platform — language that has been widely cited by decentralized finance advocates.
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
#AnthropicUSGovClash
#AxiomMisconductInvestigation
#GoldSilverOilSurge
A federal judge has dismissed a proposed class action lawsuit against Uniswap Labs, CEO Hayden Adams and several venture capital backers, ruling they cannot be held liable for alleged “rug pull” tokens traded on the decentralized exchange’s protocol
In a ruling issued Monday by the U.S. District Court for the Southern District of New York, Judge Katherine Polk Failla threw out the remaining state law claims in Risley v. Universal Navigation Inc., the Brooklyn-based firm that operates Uniswap. after previously dismissing the plaintiffs’ federal securities claims. The decision effectively ends the case at the district court level.
The ruling is one of the first to specifically address whether developers and investors behind a decentralized protocol can be held liable under existing securities and state laws for tokens created and traded by third parties.
Due to the Protocol’s decentralized nature, the identities of the Scam Token issuers are basically unknown and unknowable, leaving Plaintiffs with an identifiable injury but no identifiable defendant,” Failla wrote.
Undaunted, they now sue the Uniswap Defendants and the VC Defendants, hoping that this Court might overlook the fact that the current state of cryptocurrency regulation leaves them without recourse, at least as to the specific claims alleged in this suit,” she added.
Irina Heaver, a UAE-based crypto lawyer, told CoinDesk “the dismissal signals that courts are beginning to engage more seriously with the realities of decentralization.”
By recognizing that a permissionless protocol governed by autonomous smart contracts is not the same as a centralized intermediary exercising control, the court drew an important distinction for DeFi, she explained.
When code executes automatically and there is no discretionary control, liability cannot simply be reassigned to developers because bad actors misuse the infrastructure,” Heaver said. “The real question now is how this reasoning carries into criminal cases such as Tornado Cash. If decentralization is acknowledged as a structural reality, prosecutors will need to prove intent and control, not merely authorship of code.”
Brian Nistler, Uniswap’s head of policy, celebrated the ruling on X, calling it “another precedent-setting ruling for DeFi.” He highlighted what he described as his “favorite quote” from the case: “It defies logic that a drafter of a smart contract, a computer code, could be held liable … for a third party user’s misuse of the platform.”
The plaintiffs, a group of investors , claimed they lost an undisclosed amount of money after purchasing dozens of tokens on the Uniswap Protocol that they later described as scams. Because the token issuers were unidentified, the investors instead sued Uniswap Labs, the Uniswap Foundation, Adams and venture firms Paradigm, Andreessen Horowitz and Union Square Ventures.
Failla rejected the argument that the defendants could be held responsible simply for providing the infrastructure on which the tokens were issued and traded.
Plaintiffs’ theories of liability are still predicated on Defendants having ‘facilitated’ the scam trades by providing a marketplace and facilities for bringing together buyers and sellers of Tokens,’” Failla wrote, concluding that the claims failed as a matter of law.
In an earlier dismissal of the federal claims, Failla said it “defies logic” to hold the drafter of a smart contract liable for a third party’s misuse of the platform — language that has been widely cited by decentralized finance advocates.
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
#AnthropicUSGovClash
#AxiomMisconductInvestigation
#GoldSilverOilSurge
Voir la traduction
Bitcoin climbs as BTC ETFs post one of the quarter’s biggest inflow days amid Iran volatility
U.S. BTC ETFs added $458 million, suggesting institutional buyers are absorbing the weekend shock that briefly sent BTC to $63,000.
Bitcoin traded near $68,000 on Tuesday as U.S. spot ETFs pulled in $458 million, according to data curated by SoSoValue, marking one of the quarter’s strongest inflow days despite the ongoing conflict with Iran.
The inflows suggest institutional investors are treating bitcoin's recent volatility stemming from the war as contained rather than systemic.
Singapore-based trading firm QCP Capital said in a recent note that the roughly $300 million in long liquidations triggered by the weekend headlines were “notable but contained,” arguing that positioning had already been materially lightened in recent weeks.
Options markets told a similar story, QCP wrote, with one-day implied volatility briefly spiking to 93% before quickly retracing, a sign traders were hedging event risk rather than bracing for prolonged escalation.Options markets told a similar story, QCP wrote, with one-day implied volatility briefly spiking to 93% before quickly retracing, a sign traders were hedging event risk rather than bracing for prolonged escalation.
Meanwhile, U.S. spot bitcoin ETFs added $1.1 billion over three consecutive sessions last week, according to SoSoValue data previously reported by CoinDesk, with BlackRock’s IBIT accounting for roughly half.
#USCitizensMiddleEastEvacuation
#XCryptoBanMistake
#GoldSilverOilSurge
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
Bitcoin traded near $68,000 on Tuesday as U.S. spot ETFs pulled in $458 million, according to data curated by SoSoValue, marking one of the quarter’s strongest inflow days despite the ongoing conflict with Iran.
The inflows suggest institutional investors are treating bitcoin's recent volatility stemming from the war as contained rather than systemic.
Singapore-based trading firm QCP Capital said in a recent note that the roughly $300 million in long liquidations triggered by the weekend headlines were “notable but contained,” arguing that positioning had already been materially lightened in recent weeks.
Options markets told a similar story, QCP wrote, with one-day implied volatility briefly spiking to 93% before quickly retracing, a sign traders were hedging event risk rather than bracing for prolonged escalation.Options markets told a similar story, QCP wrote, with one-day implied volatility briefly spiking to 93% before quickly retracing, a sign traders were hedging event risk rather than bracing for prolonged escalation.
Meanwhile, U.S. spot bitcoin ETFs added $1.1 billion over three consecutive sessions last week, according to SoSoValue data previously reported by CoinDesk, with BlackRock’s IBIT accounting for roughly half.
#USCitizensMiddleEastEvacuation
#XCryptoBanMistake
#GoldSilverOilSurge
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
Le président de la CFTC, Selig, pour ouvrir la voie aux contrats à terme perpétuels américains dans les semaines à venir
Le président de la Commodity Futures Trading Commission, apparaissant aux côtés de son homologue de la Securities and Exchange Commission, a déclaré que plusieurs politiques crypto sont en cours.
WASHINGTON, D.C. — Les contrats à terme perpétuels crypto se sont largement développés à l'étranger en raison de la réticence des États-Unis à entreprendre des réglementations industrielles, a déclaré le président de la Commodity Futures Trading Commission des États-Unis, Mike Selig, et son agence fournira bientôt des orientations sur la manière dont cette activité devrait être gérée.
Ces contrats dérivés, qui n'expirent pas et sont souvent associés à un effet de levier, ont suscité un grand intérêt dans l'industrie. L'échange américain Kraken, par exemple, a récemment annoncé un mouvement vers des contrats à terme perpétuels pour des actions tokenisées pour les utilisateurs non américains.
WASHINGTON, D.C. — Les contrats à terme perpétuels crypto se sont largement développés à l'étranger en raison de la réticence des États-Unis à entreprendre des réglementations industrielles, a déclaré le président de la Commodity Futures Trading Commission des États-Unis, Mike Selig, et son agence fournira bientôt des orientations sur la manière dont cette activité devrait être gérée.
Ces contrats dérivés, qui n'expirent pas et sont souvent associés à un effet de levier, ont suscité un grand intérêt dans l'industrie. L'échange américain Kraken, par exemple, a récemment annoncé un mouvement vers des contrats à terme perpétuels pour des actions tokenisées pour les utilisateurs non américains.
Nasdaq suit Cboe en rejoignant le monde des 'paris binaires' alors que la folie des marchés de prévision frappe Wall Street
La bourse a déposé une proposition auprès de la SEC pour lister des paris oui-ou-non sur le Nasdaq-100 en raison de la demande continue pour les marchés de prévision.
La bourse Nasdaq souhaite lister des options binaires liées à ses indices boursiers phares, une démarche qui permettrait aux traders de placer des paris oui-ou-non sur la direction des principaux indices boursiers comme le Nasdaq-100.
Dans un dépôt lundi auprès de la Commission des valeurs mobilières et des échanges des États-Unis (SEC), la bourse a déclaré qu'elle prévoyait également d'offrir des options binaires sur l'indice micro Nasdaq-100.
La bourse Nasdaq souhaite lister des options binaires liées à ses indices boursiers phares, une démarche qui permettrait aux traders de placer des paris oui-ou-non sur la direction des principaux indices boursiers comme le Nasdaq-100.
Dans un dépôt lundi auprès de la Commission des valeurs mobilières et des échanges des États-Unis (SEC), la bourse a déclaré qu'elle prévoyait également d'offrir des options binaires sur l'indice micro Nasdaq-100.
Voir la traduction
US Senate's anti-CBDC housing bill advances with bipartisan support
The “21st Century ROAD to Housing Act,” a bipartisan measure aimed at making housing in the U.S. more affordable, cleared a key cloture vote on Monday.
The bill includes a provision prohibiting the Federal Reserve from issuing a CBDC through the beginning of 2031.
The U.S. Senate's comprehensive housing bill seeking to temporarily ban the issuance of central bank digital currency (CBDC) has cleared a procedural hurdle with strong bipartisan support.
The "21st Century ROAD to Housing Act" is a bipartisan Senate housing affordability package to boost housing supply in the U.S. and make it more affordable. It passed a key cloture vote in the Senate today, 84-6, on the motion to proceed, which limits debate and clears the way for full Senate debate.
Tim Scott, the chairman of the Committee on Banking, Housing, and Urban Affairs, and Ranking Member Elizabeth Warren said in a statement that the bill would be the largest legislative housing package in decades, and become a "good first step" to stop corporate landlords from dominating the market.
While the bill focuses on protecting the housing market, it mentions CBDC near the end of the 303-page document that was released ahead of the cloture vote.
In Title X, Section 1001, the bill stipulates that the Federal Reserve may not issue or create a CBDC or a similar digital asset, through Dec. 31, 2030. However, it noted an exception for any dollar-denominated currency that is "open, permissionless, and private, and fully preserves the privacy protections of United States coins and physical currency."
While the inclusion of the anti-CBDC provision in the housing bill may be unusual, it is an example of a legislative strategy where unrelated policies are attached to a broader, more critical piece of legislation. House Republicans reportedly pressed for the anti-CBDC provision to be included in the bill.
The White House also reportedly stated support for the legislation, highlighting both housing and CBDC-related provisions.
The Administration highlights the inclusion of presidential priorities … to halt the development of a Central Bank Digital Currency that could pose significant threats to personal privacy and liberty," the statement said.
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
#AnthropicUSGovClash
#XCryptoBanMistake
#BlockAILayoffs
The bill includes a provision prohibiting the Federal Reserve from issuing a CBDC through the beginning of 2031.
The U.S. Senate's comprehensive housing bill seeking to temporarily ban the issuance of central bank digital currency (CBDC) has cleared a procedural hurdle with strong bipartisan support.
The "21st Century ROAD to Housing Act" is a bipartisan Senate housing affordability package to boost housing supply in the U.S. and make it more affordable. It passed a key cloture vote in the Senate today, 84-6, on the motion to proceed, which limits debate and clears the way for full Senate debate.
Tim Scott, the chairman of the Committee on Banking, Housing, and Urban Affairs, and Ranking Member Elizabeth Warren said in a statement that the bill would be the largest legislative housing package in decades, and become a "good first step" to stop corporate landlords from dominating the market.
While the bill focuses on protecting the housing market, it mentions CBDC near the end of the 303-page document that was released ahead of the cloture vote.
In Title X, Section 1001, the bill stipulates that the Federal Reserve may not issue or create a CBDC or a similar digital asset, through Dec. 31, 2030. However, it noted an exception for any dollar-denominated currency that is "open, permissionless, and private, and fully preserves the privacy protections of United States coins and physical currency."
While the inclusion of the anti-CBDC provision in the housing bill may be unusual, it is an example of a legislative strategy where unrelated policies are attached to a broader, more critical piece of legislation. House Republicans reportedly pressed for the anti-CBDC provision to be included in the bill.
The White House also reportedly stated support for the legislation, highlighting both housing and CBDC-related provisions.
The Administration highlights the inclusion of presidential priorities … to halt the development of a Central Bank Digital Currency that could pose significant threats to personal privacy and liberty," the statement said.
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
#AnthropicUSGovClash
#XCryptoBanMistake
#BlockAILayoffs
La hausse de 5 % du Bitcoin lundi, provoquée par le rachat de positions, et non par de nouveaux achats, dit l'analyste
Les données du marché montrent une augmentation de l'intérêt ouvert et de grands clusters de liquidation autour de 65 000 $ et au-dessus de 70 000 $, soulignant que la hausse pourrait être fragile sans une demande au comptant plus forte
Après avoir chuté au cours du week-end alors que les États-Unis ont commencé des frappes contre l'Iran, le bitcoin
BTC
68 474,29 $
a grimpé lundi, atteignant un moment près de 70 000 $ avant de revenir au 69 000 $ actuel,
Bien qu'une hausse du bitcoin soit bienvenue pour les haussiers, le mouvement d'aujourd'hui survient après une chute incessante de plusieurs mois qui a divisé le prix par deux et pesé sur le sentiment. Un analyste suggère que les gains rapides de lundi portent les marques d'un squeeze de positionnement, avec des traders qui avaient parié sur une nouvelle baisse contraints de défaire ces trades alors que les prix augmentaient.
Après avoir chuté au cours du week-end alors que les États-Unis ont commencé des frappes contre l'Iran, le bitcoin
BTC
68 474,29 $
a grimpé lundi, atteignant un moment près de 70 000 $ avant de revenir au 69 000 $ actuel,
Bien qu'une hausse du bitcoin soit bienvenue pour les haussiers, le mouvement d'aujourd'hui survient après une chute incessante de plusieurs mois qui a divisé le prix par deux et pesé sur le sentiment. Un analyste suggère que les gains rapides de lundi portent les marques d'un squeeze de positionnement, avec des traders qui avaient parié sur une nouvelle baisse contraints de défaire ces trades alors que les prix augmentaient.
Voir la traduction
PayPay, 40% owner of Binance Japan, seeks up to $1.1 billion in Nasdaq IPO
The Nasdaq-bound payments firm backed by SoftBank targets a valuation above $10 billion.
PayPay, a SoftBank Corp-backed payments company that owns a 40% stake in Binance Japan, is seeking to raise as much as $1.1 billion in a U.S. initial public offering, Reuters reported Monday.
The Tokyo-based company and a selling shareholder plan to offer 55 million American depositary shares priced between $17 and $20 each, according to the report. At the top end of that range, the offering would value PayPay at more than $10 billion
PayPay is Japan’s largest cashless payments provider, with more than 70 million registered users. The company’s app allows consumers to make mobile payments at stores, transfer money and manage digital balances, as Japan steadily shifts away from cash.
The shares are expected to trade on the Nasdaq under the symbol “PAYP.” The listing was initially slated to launch before markets opened on Monday but was postponed after global markets were rattled by this weekend’s attack on Iran, Reuters reported earlier.
The IPO comes as fintech firms test investor appetite for new listings amid volatile equity markets and rising geopolitical risk. A successful debut would mark one of the larger Japanese listings in the U.S. in recent years and provide SoftBank with another publicly traded asset tied to its broader digital finance strategy.
PayPay moved deeper into crypto through a capital and business alliance with Binance Japan in October. The partnership aimed to link digital payments with crypto, letting Binance Japan users fund purchases and withdraw proceeds through PayPay Money. A representative for Binance did not respond to a request for comment in time for publication.
#TrumpStateoftheUnion
#NVDATopsEarnings
#BitcoinGoogleSearchesSurge
#AxiomMisconductInvestigation
#XCryptoBanMistake
PayPay, a SoftBank Corp-backed payments company that owns a 40% stake in Binance Japan, is seeking to raise as much as $1.1 billion in a U.S. initial public offering, Reuters reported Monday.
The Tokyo-based company and a selling shareholder plan to offer 55 million American depositary shares priced between $17 and $20 each, according to the report. At the top end of that range, the offering would value PayPay at more than $10 billion
PayPay is Japan’s largest cashless payments provider, with more than 70 million registered users. The company’s app allows consumers to make mobile payments at stores, transfer money and manage digital balances, as Japan steadily shifts away from cash.
The shares are expected to trade on the Nasdaq under the symbol “PAYP.” The listing was initially slated to launch before markets opened on Monday but was postponed after global markets were rattled by this weekend’s attack on Iran, Reuters reported earlier.
The IPO comes as fintech firms test investor appetite for new listings amid volatile equity markets and rising geopolitical risk. A successful debut would mark one of the larger Japanese listings in the U.S. in recent years and provide SoftBank with another publicly traded asset tied to its broader digital finance strategy.
PayPay moved deeper into crypto through a capital and business alliance with Binance Japan in October. The partnership aimed to link digital payments with crypto, letting Binance Japan users fund purchases and withdraw proceeds through PayPay Money. A representative for Binance did not respond to a request for comment in time for publication.
#TrumpStateoftheUnion
#NVDATopsEarnings
#BitcoinGoogleSearchesSurge
#AxiomMisconductInvestigation
#XCryptoBanMistake
Le projet de loi sur le logement du Sénat américain comprend une interdiction de CBDC
La loi bipartite "ROAD to Housing Act" du Comité bancaire du Sénat comprend une disposition interdisant à la Fed d'émettre une CBDC avant 2031.
Le Comité sénatorial sur la banque, le logement et le développement urbain a inclus une disposition interdisant temporairement à la Réserve fédérale d'émettre une monnaie numérique de banque centrale dans son projet de loi bipartite pour stimuler le logement aux États-Unis.
La "21st Century ROAD to Housing Act," présentée lundi par le président du Comité Tim Scott et le membre classé Elizabeth Warren, respectivement le principal républicain et démocrate du comité, vise à faciliter la construction de maisons aux États-Unis.
Le Comité sénatorial sur la banque, le logement et le développement urbain a inclus une disposition interdisant temporairement à la Réserve fédérale d'émettre une monnaie numérique de banque centrale dans son projet de loi bipartite pour stimuler le logement aux États-Unis.
La "21st Century ROAD to Housing Act," présentée lundi par le président du Comité Tim Scott et le membre classé Elizabeth Warren, respectivement le principal républicain et démocrate du comité, vise à faciliter la construction de maisons aux États-Unis.
Le Bitcoin dépasse 68 000 $ au milieu d'une réaction atténuée du marché boursier à la guerre en Iran
À leurs pires niveaux, les contrats à terme sur indices boursiers américains avaient chuté de plus de 2 %, mais les marchés boursiers sont à peine plus bas une heure après le début des transactions de lundi.
Les prix des cryptomonnaies rebondissent après leurs pires niveaux du week-end lors des premières transactions américaines lundi, parallèlement à un rebond considérable des indices boursiers américains.
Environ une heure après le début de la séance, le Nasdaq est en baisse de seulement 0,1 % après que les contrats à terme aient indiqué à un moment donné pendant la nuit une chute de plus de 2 %. Le S&P 500 et le DJIA affichent également des pertes très modestes.
L'or reste supérieur de 2 % et le pétrole brut de 7 %. L'indice du dollar américain connaît l'une de ses meilleures séances depuis des semaines, gagnant 1 %.
Les prix des cryptomonnaies rebondissent après leurs pires niveaux du week-end lors des premières transactions américaines lundi, parallèlement à un rebond considérable des indices boursiers américains.
Environ une heure après le début de la séance, le Nasdaq est en baisse de seulement 0,1 % après que les contrats à terme aient indiqué à un moment donné pendant la nuit une chute de plus de 2 %. Le S&P 500 et le DJIA affichent également des pertes très modestes.
L'or reste supérieur de 2 % et le pétrole brut de 7 %. L'indice du dollar américain connaît l'une de ses meilleures séances depuis des semaines, gagnant 1 %.
Le parti au pouvoir en Turquie dévoile une proposition de taxe sur le revenu des cryptomonnaies de 10 %
Le projet de loi propose une taxe de 10 % sur les gains provenant des plateformes de cryptomonnaies régulées, retenue trimestriellement, le président ayant le pouvoir d'ajuster le taux entre 0 % et 20 %.
Le parti au pouvoir en Turquie, le Parti de la justice et du développement, a introduit un projet de loi économique ambitieux au parlement qui formaliserait la taxation des cryptomonnaies tout en révisant un éventail de règles fiscales et de dépenses.
Le projet, actuellement devant la Grande Assemblée nationale turque, modifierait la Loi sur l'impôt sur le revenu et la Loi sur les taxes de dépense pour créer un nouveau cadre pour les cryptomonnaies, rapporte l'agence de presse d'État turque Anadolu Ajansı.
Le parti au pouvoir en Turquie, le Parti de la justice et du développement, a introduit un projet de loi économique ambitieux au parlement qui formaliserait la taxation des cryptomonnaies tout en révisant un éventail de règles fiscales et de dépenses.
Le projet, actuellement devant la Grande Assemblée nationale turque, modifierait la Loi sur l'impôt sur le revenu et la Loi sur les taxes de dépense pour créer un nouveau cadre pour les cryptomonnaies, rapporte l'agence de presse d'État turque Anadolu Ajansı.
Voir la traduction
Iranian crypto outflows jump 700% minutes after U.S.-Israeli airstrikes, Elliptic says
The blockchain analytics firm said flows from Iran’s largest exchange spiked immediately after U.S.-Israeli strikes on Tehran, pointing to possible capital flight.
Crypto outflows from Iran’s largest exchange jumped 700% within minutes of the first U.S.-Israeli airstrikes on Tehran, blockchain analytics firm Elliptic said in a Monday blog post.
Elliptic said transaction volumes leaving Nobitex spiked almost immediately after the strikes, suggesting a rush to move funds offshore. Initial blockchain tracing indicates the crypto was sent to overseas exchanges that have historically received significant inflows from Iran.
The activity “potentially represents capital flight from Iran that bypasses the traditional banking system,” according to Dr. Tom Robinson, Elliptic's co-founder and chief scientist.
Over the weekend, coordinated U.S. and Israeli airstrikes struck multiple targets in Iran, killing Supreme Leader Ayatollah Ali Khamenei and escalating a wider Middle East conflict. The attacks stoked market volatility as investors priced in potential disruptions to oil supplies through the strategic Strait of Hormuz, sending global crude prices sharply higher and triggering broad sell-offs in equities and safe-haven buying across assets.
Nobitex allows users to convert Iranian rials into crypto and withdraw funds to external wallets, offering a route around traditional banking channels.
The exchange processed $7.2 billion in crypto transactions in 2025 and claims more than 11 million users, making it central to Iran’s digital asset ecosystem, Robinson said.
Elliptic has previously linked the exchange to IRGC-aligned financial activity and reported in January that Iran’s central bank appeared to use Nobitex in efforts to support the weakening rial.
Previous reports have detailed Iran’s growing use of cryptocurrencies as a hedge against a weakening rial and as a potential workaround to international sanctions, with U.S. authorities probing whether digital-asset platforms have enabled state-linked actors to move funds and access hard currency outside the traditional banking system. Blockchain research cited in those reports estimates that Iran-linked crypto activity has reached into the billions of dollars annually, spanning retail users as well as, according to officials, sanctioned entities.
Robinson also flagged additional surges in Iranian crypto outflows earlier this year. The largest came on Jan. 9, following widespread anti-regime demonstrations and a subsequent government-imposed internet blackout.
Two additional surges followed U.S. sanctions announcements targeting Iranian actors, the report said, suggesting crypto may be used to mitigate the impact of sanctions.
Bitcoin
BTC
$68,532.11
and major altcoins dropped sharply in the immediate aftermath of the strikes, with BTC briefly falling below $64,000 before recovering to the mid-$60,000s, underscoring crypto’s sensitivity to geopolitical tensions. Ether (ETH) and other tokens also declined, though several remained above pre-strike levels, pointing to a relatively swift rebound after the initial sell-o
The world's largest cryptocurrency was over 2% lower at publication time, trading around $65,500. Ether, the second-largest crypto by market cap, was 3.8% lower at around $1,930.
#XCryptoBanMistake
#GoldSilverOilSurge
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
#AnthropicUSGovClash .
Crypto outflows from Iran’s largest exchange jumped 700% within minutes of the first U.S.-Israeli airstrikes on Tehran, blockchain analytics firm Elliptic said in a Monday blog post.
Elliptic said transaction volumes leaving Nobitex spiked almost immediately after the strikes, suggesting a rush to move funds offshore. Initial blockchain tracing indicates the crypto was sent to overseas exchanges that have historically received significant inflows from Iran.
The activity “potentially represents capital flight from Iran that bypasses the traditional banking system,” according to Dr. Tom Robinson, Elliptic's co-founder and chief scientist.
Over the weekend, coordinated U.S. and Israeli airstrikes struck multiple targets in Iran, killing Supreme Leader Ayatollah Ali Khamenei and escalating a wider Middle East conflict. The attacks stoked market volatility as investors priced in potential disruptions to oil supplies through the strategic Strait of Hormuz, sending global crude prices sharply higher and triggering broad sell-offs in equities and safe-haven buying across assets.
Nobitex allows users to convert Iranian rials into crypto and withdraw funds to external wallets, offering a route around traditional banking channels.
The exchange processed $7.2 billion in crypto transactions in 2025 and claims more than 11 million users, making it central to Iran’s digital asset ecosystem, Robinson said.
Elliptic has previously linked the exchange to IRGC-aligned financial activity and reported in January that Iran’s central bank appeared to use Nobitex in efforts to support the weakening rial.
Previous reports have detailed Iran’s growing use of cryptocurrencies as a hedge against a weakening rial and as a potential workaround to international sanctions, with U.S. authorities probing whether digital-asset platforms have enabled state-linked actors to move funds and access hard currency outside the traditional banking system. Blockchain research cited in those reports estimates that Iran-linked crypto activity has reached into the billions of dollars annually, spanning retail users as well as, according to officials, sanctioned entities.
Robinson also flagged additional surges in Iranian crypto outflows earlier this year. The largest came on Jan. 9, following widespread anti-regime demonstrations and a subsequent government-imposed internet blackout.
Two additional surges followed U.S. sanctions announcements targeting Iranian actors, the report said, suggesting crypto may be used to mitigate the impact of sanctions.
Bitcoin
BTC
$68,532.11
and major altcoins dropped sharply in the immediate aftermath of the strikes, with BTC briefly falling below $64,000 before recovering to the mid-$60,000s, underscoring crypto’s sensitivity to geopolitical tensions. Ether (ETH) and other tokens also declined, though several remained above pre-strike levels, pointing to a relatively swift rebound after the initial sell-o
The world's largest cryptocurrency was over 2% lower at publication time, trading around $65,500. Ether, the second-largest crypto by market cap, was 3.8% lower at around $1,930.
#XCryptoBanMistake
#GoldSilverOilSurge
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
#AnthropicUSGovClash .
Le bitcoin malmené pourrait trouver du réconfort dans le commerce de dépréciation lié à la guerre
Par Omkar Godbole (Tous les horaires sont en ET sauf indication contraire)
Le conflit entre les États-Unis, Israël et l'Iran reste la plus grande histoire du jour alors que les attaques s'intensifient et se propagent.
Les marchés ont réagi comme ils le font typiquement : en réduisant les risques et en faisant monter les prix du pétrole. Bitcoin
BTC
$65,979.77
est tombé à $66,300, en baisse de 0,5 % sur 24 heures, après avoir atteint un sommet de $68,000 pendant le week-end. L'indice CoinDesk 20 a chuté de plus de 2 %, signalant des pertes plus larges sur le marché des cryptomonnaies et les contrats à terme liés à l'indice S&P 500 ont perdu
En regardant au-delà des gros titres et de la panique, la guerre ne pourrait que renforcer le "commerce de dépréciation", une stratégie dans laquelle les investisseurs se tournent vers des actifs en offre limitée comme l'or et le bitcoin en prévision d'une baisse de la valeur des monnaies fiduciaires (papier).
Le conflit entre les États-Unis, Israël et l'Iran reste la plus grande histoire du jour alors que les attaques s'intensifient et se propagent.
Les marchés ont réagi comme ils le font typiquement : en réduisant les risques et en faisant monter les prix du pétrole. Bitcoin
BTC
$65,979.77
est tombé à $66,300, en baisse de 0,5 % sur 24 heures, après avoir atteint un sommet de $68,000 pendant le week-end. L'indice CoinDesk 20 a chuté de plus de 2 %, signalant des pertes plus larges sur le marché des cryptomonnaies et les contrats à terme liés à l'indice S&P 500 ont perdu
En regardant au-delà des gros titres et de la panique, la guerre ne pourrait que renforcer le "commerce de dépréciation", une stratégie dans laquelle les investisseurs se tournent vers des actifs en offre limitée comme l'or et le bitcoin en prévision d'une baisse de la valeur des monnaies fiduciaires (papier).
États-Unis : Incertitude politique et contexte macroéconomique – HSBC
HSBC Asset Management note une augmentation de l'indice d'incertitude politique sur les récents titres commerciaux et de la Réserve fédérale des États-Unis, même si les actions américaines se négocient dans une fourchette et que la volatilité reste contenue. L'équipe prévoit une croissance américaine proche de la tendance, avec une inflation collante mais progressivement modérée jusqu'en 2026. Ils soutiennent que l'augmentation de l'incertitude politique soutient les attentes selon lesquelles la Fed restera en attente dans les mois à venir.
L'indice d'incertitude politique a augmenté la semaine dernière sur les récents titres commerciaux et de la Fed. Mais les marchés financiers semblent peu préoccupés – les actions américaines se négocient dans une fourchette, l'indice de volatilité VIX est relativement bas à 20, et les écarts de crédit sont à des niveaux les plus bas depuis des décennies. Que se passe-t-il ?
L'indice d'incertitude politique a augmenté la semaine dernière sur les récents titres commerciaux et de la Fed. Mais les marchés financiers semblent peu préoccupés – les actions américaines se négocient dans une fourchette, l'indice de volatilité VIX est relativement bas à 20, et les écarts de crédit sont à des niveaux les plus bas depuis des décennies. Que se passe-t-il ?
L'or s'accroche aux gains au-dessus de 5 400 $ alors que les flux refuges soutenus contrebalancent la force du USD
L'or ouvre avec un écart haussier alors que l'escalade du conflit au Moyen-Orient renforce les actifs refuges.
Le mouvement intrajournalier à la hausse semble inchangé malgré une forte augmentation de la demande pour le dollar américain.
Les craintes de stagflation soutiennent davantage la paire XAU/USD et contribuent au mouvement positif.
L'or (XAU/USD) s'accroche à de forts gains intrajournaliers au cours de la première moitié de la session européenne et se négocie actuellement au-dessus de la barre des 5 400 $, ou à son niveau le plus élevé depuis fin janvier. Les investisseurs abandonnent rapidement les actifs plus risqués et optent pour des investissements refuges au milieu d'une intense vague de commerce de l'aversion au risque mondial. Pendant ce temps, l'indice des prix à la production (IPP) américain, publié vendredi, a ravivé les inquiétudes concernant une inflation encore persistante. De plus, un ralentissement de la croissance économique crée un scénario où la Réserve fédérale (Fed) ne peut pas abaisser les taux d'intérêt sans raviver l'inflation ou maintenir sans ralentir davantage l'économie. Cela s'avère être un autre facteur soutenant l'or non productif, bien qu'un fort rallye intrajournalier du dollar américain (USD) au niveau le plus élevé depuis le 23 janvier puisse limiter les gains supplémentaires.
Le mouvement intrajournalier à la hausse semble inchangé malgré une forte augmentation de la demande pour le dollar américain.
Les craintes de stagflation soutiennent davantage la paire XAU/USD et contribuent au mouvement positif.
L'or (XAU/USD) s'accroche à de forts gains intrajournaliers au cours de la première moitié de la session européenne et se négocie actuellement au-dessus de la barre des 5 400 $, ou à son niveau le plus élevé depuis fin janvier. Les investisseurs abandonnent rapidement les actifs plus risqués et optent pour des investissements refuges au milieu d'une intense vague de commerce de l'aversion au risque mondial. Pendant ce temps, l'indice des prix à la production (IPP) américain, publié vendredi, a ravivé les inquiétudes concernant une inflation encore persistante. De plus, un ralentissement de la croissance économique crée un scénario où la Réserve fédérale (Fed) ne peut pas abaisser les taux d'intérêt sans raviver l'inflation ou maintenir sans ralentir davantage l'économie. Cela s'avère être un autre facteur soutenant l'or non productif, bien qu'un fort rallye intrajournalier du dollar américain (USD) au niveau le plus élevé depuis le 23 janvier puisse limiter les gains supplémentaires.
Voir la traduction
Ether, solana, xrp surge up to 10% as majors recover Saturday's war-driven losses
Solana led major tokens with a 10.8% bounce, while ether reclaimed $2,000 and bitcoin climbed back above $66,800 ahead of traditional futures opens on Sunday.
Crypto markets snapped back hard on Sunday after spending Saturday pricing in what looked like the start of a prolonged regional war.
Bitcoin climbed to $66,843, up 5.2% over the past 24 hours, recovering most of the losses from Saturday's slide below $64,000 after U.S. and Israeli strikes on Iran.
The bounce accelerated after Iranian state TV confirmed the death of Supreme Leader Khamenei, which markets interpreted as raising the odds of a shorter conflict.
Solana led the recovery among majors, surging 10.8% to $86.42. Ether rose 7.5% to reclaim $1,994, putting it back within touching distance of $2,000 for the first time since Thursday. Cardano added 6.7%, dogecoin gained 6.5%, XRP rose 5.6%, and BNB climbed 4.8%.Solana led the recovery among majors, surging 10.8% to $86.42. Ether rose 7.5% to reclaim $1,994, putting it back within touching distance of $2,000 for the first time since Thursday. Cardano added 6.7%, dogecoin gained 6.5%, XRP rose 5.6%, and BNB climbed 4.8%.
The weekly picture is messier, however. Bitcoin is still down 1.6% over seven days, XRP has lost 2%, and dogecoin is off 2.5%. Solana and ether are the only majors that have clawed back into the green on the week, up 1.7% and 1.1% respectively.
The weekend volatility has been enormous but net movement has been small, which captures the broader story of a market whipsawing on global headlines without actually going anywhere.
The bounce looks convincing on a 24-hour chart but fragile in context. Saturday's sell-off happened on thin weekend liquidity. Sunday's rally happened on the same thin liquidity, just in the opposite direction.
The real test arrives in hours when equity futures, oil, and bond markets reopen and institutional capital has its first chance to react to Saturday's events.
The Polymarket's ceasefire contract gives a 78% chance of a U.S.-Iran ceasefire by April 30 and 61% by March 31, as reported earlier Sunday.
If that pricing holds once traditional markets digest the weekend, the bounce has legs. However, if oil spikes and equities gap lower on the open, crypto's Sunday optimism could get faded the same way Wednesday's push to $70,000 was.
#GoldSilverOilSurge
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
#AnthropicUSGovClash
#BlockAILayoffs
Crypto markets snapped back hard on Sunday after spending Saturday pricing in what looked like the start of a prolonged regional war.
Bitcoin climbed to $66,843, up 5.2% over the past 24 hours, recovering most of the losses from Saturday's slide below $64,000 after U.S. and Israeli strikes on Iran.
The bounce accelerated after Iranian state TV confirmed the death of Supreme Leader Khamenei, which markets interpreted as raising the odds of a shorter conflict.
Solana led the recovery among majors, surging 10.8% to $86.42. Ether rose 7.5% to reclaim $1,994, putting it back within touching distance of $2,000 for the first time since Thursday. Cardano added 6.7%, dogecoin gained 6.5%, XRP rose 5.6%, and BNB climbed 4.8%.Solana led the recovery among majors, surging 10.8% to $86.42. Ether rose 7.5% to reclaim $1,994, putting it back within touching distance of $2,000 for the first time since Thursday. Cardano added 6.7%, dogecoin gained 6.5%, XRP rose 5.6%, and BNB climbed 4.8%.
The weekly picture is messier, however. Bitcoin is still down 1.6% over seven days, XRP has lost 2%, and dogecoin is off 2.5%. Solana and ether are the only majors that have clawed back into the green on the week, up 1.7% and 1.1% respectively.
The weekend volatility has been enormous but net movement has been small, which captures the broader story of a market whipsawing on global headlines without actually going anywhere.
The bounce looks convincing on a 24-hour chart but fragile in context. Saturday's sell-off happened on thin weekend liquidity. Sunday's rally happened on the same thin liquidity, just in the opposite direction.
The real test arrives in hours when equity futures, oil, and bond markets reopen and institutional capital has its first chance to react to Saturday's events.
The Polymarket's ceasefire contract gives a 78% chance of a U.S.-Iran ceasefire by April 30 and 61% by March 31, as reported earlier Sunday.
If that pricing holds once traditional markets digest the weekend, the bounce has legs. However, if oil spikes and equities gap lower on the open, crypto's Sunday optimism could get faded the same way Wednesday's push to $70,000 was.
#GoldSilverOilSurge
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
#AnthropicUSGovClash
#BlockAILayoffs
Voir la traduction
SpaceX’s $780 million bitcoin stack now down to about $545 million ahead of IPO filing
The company holds about 8,285 bitcoin in Coinbase Prime custody, a stake now worth roughly $545 million after a $235 million decline in value over the past three months.
SpaceX has held bitcoin for years without ever having to explain why to the public market investors. That's about to change.
Bloomberg reported late Friday that Elon Musk's rocket and satellite company is targeting a confidential IPO filing with the SEC as soon as March, keeping it on track for a June listing that would be the largest in history. The company is expected to seek a valuation above $1.75 trillion and raise as much as $50 billion, eclipsing Saudi Aramco's 2019 record of $29 billion.
Buried inside that filing will be 8,285 bitcoin.
Arkham Intelligence data shows SpaceX's identified wallets held about $544.8 million in BTC as of Saturday morning, spread across 43 addresses in Coinbase Prime custody.
The balance has remained roughly stable around 8,300 BTC since at least early 2026, but the dollar value has moved sharply in the wrong direction. In December, when CoinDesk reported on the holdings ahead of the planned listing, the same stack was worth roughly $780 million at bitcoin's then price near $92,500.
By early February, when the SpaceX-xAI merger brought the position back into focus, it had dropped to around $650 million with bitcoin near $78,000.
Now it sits around $545 million. That's a $235 million decline in value over three months without SpaceX touching a single coin.
That means SpaceX's S-1 will show bitcoin-related paper losses for any period where BTC declined, and future quarterly earnings will carry that volatility regardless of whether the company buys or sells.
Tesla offers the closest precedent, and it isn't reassuring.
Musk's automaker has booked hundreds of millions in paper losses during past drawdowns despite never changing its position, creating recurring headline risk that overshadowed the underlying business. SpaceX could soon face the same dynamic, except its first disclosure arrives during one of bitcoin's sharpest corrections in years rather than during a rally.
However, it's worth noting that Tesla reported total revenue of $94.8 billion and gross profit of $17 billion in 2025. So having millions of bitcoin paper losses in its balance sheet may not move the needle much for Elon Musk's companies.
SpaceX's BTC portfolio peaked near $2 billion in late 2021, crashed through 2022, and has spent the past two years fluctuating between $400 million and $800 million.
As such, SpaceX has shown no inclination to trade its position. Unlike Tesla, which sold and repurchased bitcoin, the Arkham data suggests SpaceX has simply held through every cycle.
#TrumpStateoftheUnion
#NVDATopsEarnings
#MarketRebound
#USIsraelStrikeIran
#AxiomMisconductInvestigation
SpaceX has held bitcoin for years without ever having to explain why to the public market investors. That's about to change.
Bloomberg reported late Friday that Elon Musk's rocket and satellite company is targeting a confidential IPO filing with the SEC as soon as March, keeping it on track for a June listing that would be the largest in history. The company is expected to seek a valuation above $1.75 trillion and raise as much as $50 billion, eclipsing Saudi Aramco's 2019 record of $29 billion.
Buried inside that filing will be 8,285 bitcoin.
Arkham Intelligence data shows SpaceX's identified wallets held about $544.8 million in BTC as of Saturday morning, spread across 43 addresses in Coinbase Prime custody.
The balance has remained roughly stable around 8,300 BTC since at least early 2026, but the dollar value has moved sharply in the wrong direction. In December, when CoinDesk reported on the holdings ahead of the planned listing, the same stack was worth roughly $780 million at bitcoin's then price near $92,500.
By early February, when the SpaceX-xAI merger brought the position back into focus, it had dropped to around $650 million with bitcoin near $78,000.
Now it sits around $545 million. That's a $235 million decline in value over three months without SpaceX touching a single coin.
That means SpaceX's S-1 will show bitcoin-related paper losses for any period where BTC declined, and future quarterly earnings will carry that volatility regardless of whether the company buys or sells.
Tesla offers the closest precedent, and it isn't reassuring.
Musk's automaker has booked hundreds of millions in paper losses during past drawdowns despite never changing its position, creating recurring headline risk that overshadowed the underlying business. SpaceX could soon face the same dynamic, except its first disclosure arrives during one of bitcoin's sharpest corrections in years rather than during a rally.
However, it's worth noting that Tesla reported total revenue of $94.8 billion and gross profit of $17 billion in 2025. So having millions of bitcoin paper losses in its balance sheet may not move the needle much for Elon Musk's companies.
SpaceX's BTC portfolio peaked near $2 billion in late 2021, crashed through 2022, and has spent the past two years fluctuating between $400 million and $800 million.
As such, SpaceX has shown no inclination to trade its position. Unlike Tesla, which sold and repurchased bitcoin, the Arkham data suggests SpaceX has simply held through every cycle.
#TrumpStateoftheUnion
#NVDATopsEarnings
#MarketRebound
#USIsraelStrikeIran
#AxiomMisconductInvestigation
Voir la traduction
Bitcoin market bottom may be nearing, at least if measured against gold, analyst says
Historically, bitcoin bear markets have lasted 12-13 months, suggesting a potential downturn until late 2026 if priced in USD.
Bitcoin’s path to a market bottom could come as soon as next month, if the gold-denominated bitcoin price is any indication, according to Rony Szuster, Head of Research at the largest Brazilian crypto exchange, Mercado Bitcoin.
In dollar terms, the most recent peak occurred in October 2025 at about $126,000. If the current cycle follows past patterns, the downturn could extend into late 2026, Szuster wrote in a report shared with CoinDesk.
But when priced in gold, the timeline shifts. Bitcoin reached its high against gold in January 2025. Applying the same 12- to 13-month pattern would place a potential bottom around February 2026, with a recovery possibly beginning in March.
Since the start of Donald Trump’s new mandate, markets have faced aggressive trade tariffs, domestic institutional disputes in the U.S., and rising tensions with China and Iran. Rising tensions with the latter have since resulted in ongoing military conflict.
The divergence reflects broader macro forces.
Exchange-traded funds have also added pressure. Since November, about $7.8 billion has flowed out of spot bitcoin ETFs, roughly 12% of the $61.6 billion total.
Global uncertainty, measured via the World Uncertainty Index, has exploded as a result. Gold benefited from that shift, rising more than 80% over the past year to $5,280. As capital rotated into bullion, bitcoin weakened against it sooner than it did against the dollar, Mercado Bitcoin’s analyst wrote.
However, this fear-driven sell-off only paints part of the picture.
While reactive capital is fleeing bitcoin, large-scale investors or "whales" are treating the downturn as an accumulation zone, the report adds, pointing to Abu Dhabi’s major investment firms Mubadala Investment Company and Al Warda Investments adding in spot bitcoin ETF exposure in mid-February.
Against this backdrop, Szuster calls for investors to build their positions intelligently and leverage a dollar-cost averaging strategy to take advantage of current market fear and avoid timing issues.
Historically, buying during periods of fear has been more effective than buying during euphoria,” he wrote. “Does this mean it's already the bottom? No. But it means that, statistically, we are in the zone where the best average prices are usually built.”
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
#AnthropicUSGovClash
#BlockAILayoffs
#JaneStreet10AMDump
Bitcoin’s path to a market bottom could come as soon as next month, if the gold-denominated bitcoin price is any indication, according to Rony Szuster, Head of Research at the largest Brazilian crypto exchange, Mercado Bitcoin.
In dollar terms, the most recent peak occurred in October 2025 at about $126,000. If the current cycle follows past patterns, the downturn could extend into late 2026, Szuster wrote in a report shared with CoinDesk.
But when priced in gold, the timeline shifts. Bitcoin reached its high against gold in January 2025. Applying the same 12- to 13-month pattern would place a potential bottom around February 2026, with a recovery possibly beginning in March.
Since the start of Donald Trump’s new mandate, markets have faced aggressive trade tariffs, domestic institutional disputes in the U.S., and rising tensions with China and Iran. Rising tensions with the latter have since resulted in ongoing military conflict.
The divergence reflects broader macro forces.
Exchange-traded funds have also added pressure. Since November, about $7.8 billion has flowed out of spot bitcoin ETFs, roughly 12% of the $61.6 billion total.
Global uncertainty, measured via the World Uncertainty Index, has exploded as a result. Gold benefited from that shift, rising more than 80% over the past year to $5,280. As capital rotated into bullion, bitcoin weakened against it sooner than it did against the dollar, Mercado Bitcoin’s analyst wrote.
However, this fear-driven sell-off only paints part of the picture.
While reactive capital is fleeing bitcoin, large-scale investors or "whales" are treating the downturn as an accumulation zone, the report adds, pointing to Abu Dhabi’s major investment firms Mubadala Investment Company and Al Warda Investments adding in spot bitcoin ETF exposure in mid-February.
Against this backdrop, Szuster calls for investors to build their positions intelligently and leverage a dollar-cost averaging strategy to take advantage of current market fear and avoid timing issues.
Historically, buying during periods of fear has been more effective than buying during euphoria,” he wrote. “Does this mean it's already the bottom? No. But it means that, statistically, we are in the zone where the best average prices are usually built.”
#IranConfirmsKhameneiIsDead
#USIsraelStrikeIran
#AnthropicUSGovClash
#BlockAILayoffs
#JaneStreet10AMDump
Les récompenses de rendement des stablecoins (probablement ne seront pas) interdites sous la proposition de l'OCC : État de la Crypto
Les procédures de rendement des stablecoins proposées par l'OCC sont les plus ambiguës dans ce plan de réglementation.
Le Bureau du Contrôleur de la Monnaie a publié sa proposition de réglementation pour réguler les stablecoins en vertu de la loi GENIUS, suscitant des questions sur la possibilité qu'il interdisait les paiements de rendement des entreprises de crypto-monnaie.
Vous lisez l'État de la Crypto, une newsletter de CoinDesk examinant l'intersection de la crypto-monnaie et du gouvernement. Cliquez ici pour vous inscrire aux éditions futures.
Le Bureau du Contrôleur de la Monnaie (OCC), un régulateur bancaire fédéral, a publié un avis de proposition de réglementation conformément à la loi GENIUS expliquant comment il pourrait superviser les stablecoins. La plupart semble claire, mais la partie traitant du rendement semble ambiguë, et peut-être même controversée.
Le Bureau du Contrôleur de la Monnaie a publié sa proposition de réglementation pour réguler les stablecoins en vertu de la loi GENIUS, suscitant des questions sur la possibilité qu'il interdisait les paiements de rendement des entreprises de crypto-monnaie.
Vous lisez l'État de la Crypto, une newsletter de CoinDesk examinant l'intersection de la crypto-monnaie et du gouvernement. Cliquez ici pour vous inscrire aux éditions futures.
Le Bureau du Contrôleur de la Monnaie (OCC), un régulateur bancaire fédéral, a publié un avis de proposition de réglementation conformément à la loi GENIUS expliquant comment il pourrait superviser les stablecoins. La plupart semble claire, mais la partie traitant du rendement semble ambiguë, et peut-être même controversée.
GD Culture pour liquider 7 500 bitcoins pour rachat d'actions alors que l'écart mNAV s'élargit
Le ratio de la capitalisation boursière de GD par rapport à la valeur nette d'actifs (mNAV) est d'environ 0,5, l'un des pires parmi les détenteurs de bitcoin d'entreprise.
Les actions de GD Culture Group (Nasdaq: GDC) ont bondi de près de 15 % mercredi après que le conseil de l'entreprise a approuvé la vente de sa réserve de 7 500 bitcoins, actuellement évaluée à environ 510 millions de dollars, soit plus du double de la capitalisation boursière de 210 millions de dollars de l'entreprise.
Le conseil a autorisé la liquidation pour financer un programme de rachat d'actions de 100 millions de dollars précédemment annoncé, divulgué le 18 février, qui devrait être exécuté au cours des six prochains mois.
Les actions de GD Culture Group (Nasdaq: GDC) ont bondi de près de 15 % mercredi après que le conseil de l'entreprise a approuvé la vente de sa réserve de 7 500 bitcoins, actuellement évaluée à environ 510 millions de dollars, soit plus du double de la capitalisation boursière de 210 millions de dollars de l'entreprise.
Le conseil a autorisé la liquidation pour financer un programme de rachat d'actions de 100 millions de dollars précédemment annoncé, divulgué le 18 février, qui devrait être exécuté au cours des six prochains mois.
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