近两日币圈再迎集体狂欢。北京商报记者注意到，8月23日，以太坊强势拉升至4888.48美元，再创历史 新高。不过随后有所回调，截至8月24日11时15分，以太坊最新报价4770.35美元，24小时涨幅1.5%，7 日涨幅7.6%。 其次，资金流入渠道的变化为价格上涨提供更具实质性的推动。于佳宁称，以太坊现货ETF在经历连续 净流出后重新出现大规模资金流入，这说明机构投资者在价格调整后的阶段重新加码，以太坊成为风险 回报配置中的优先选择。ETF的回补资金不仅意味着市场信心的恢复，也为现货价格形成了直接的买盘 支撑。 此外，机构投资者对以太坊的兴趣也达到了空前水平。越来越多的上市公司将ETH纳入资产负债表，不 仅是被动持有，还通过质押、流动性操作等方式，将其作为一种能够产生回报的储备资产。这一行为也 建立了稳定的需求基底，使ETH的市场流通供给减少，从而增强了其稀缺性和价格弹性。 不过，集体涨势下，也带动了币圈的爆仓行为，8月23日，Coinglass数据显示，加密资产市场共有超16 万人被爆仓，爆仓总金额为6.94亿美元，截至8月24日，该类爆仓仍在持续，最近24小时，全球仍有 88352人被爆仓，爆仓总金额为 ...

北京商报讯（记者 刘四红）近两日币圈再迎集体狂欢。8月24日，北京商报记者注意到，8月23日，以太坊强势拉升至4888.48美元，再创历史新高。不过随 后有所回调，截至8月24日11时15分，以太坊最新报价4770.35美元，24小时涨幅1.5%，7日涨幅7.6%。 业内认为，以太坊、比特币等加密资产后续走势的延续性将取决于两个核心变量，即宏观流动性预期与机构买盘的持续性。 "如果后续正式进入降息周期，美元可能维持弱势，利率环境的下行将为风险资产估值提供持续支撑。但这一假设需要不断验证，一旦宏观数据或美联储的 沟通口径改变节奏，风险资产可能出现同步回调。"于佳宁称。 另一方面，机构持仓已成为决定中长期趋势的关键变量，于佳宁称，当下这种供给高度集中化意味着价格下方的抛压有限。但机构资金的入场节奏本身也受 宏观环境与资产组合再平衡的影响。因此，对于投资者而言，短期追涨需要充分评估波动风险，而中长期配置则更应基于供需格局和宏观环境的匹配度。在 他看来，投资者对任何市场都要"敬畏而不盲目"，要清晰认知相关加密资产的内在价值和潜在风险，才能从本质上控制投资风险。 其次，资金流入渠道的变化为价格上涨提供更具实质性的推动。 ...

Core Viewpoint - Faraday Future (FF) has launched its innovative "EAI+Crypto" dual-flywheel and dual-bridge ecological strategy, marking a new chapter in the integration of smart mobility and Web3, with the introduction of the C10 index, which aims to accumulate and compound the top ten global crypto assets [1][5][8] Group 1: Strategic Initiatives - The company plans to actively pursue a crypto asset ETF license, with an initial asset procurement plan of $500 million to $1 billion, starting with a $30 million allocation expected to begin implementation next week [3][9] - FF aims to create a dual-flywheel system that combines the stable EAI EV ecosystem with the fast-paced Crypto ecosystem, facilitating mutual empowerment and redefining the market for mobility and crypto assets [5][6][8] Group 2: Market Context - The emergence of the Web3 era is marked by significant regulatory developments in the U.S., including the passage of the first federal crypto legislation and the SEC's launch of "Project Crypto," indicating a major shift in the global tech and finance landscape [7] - FF's EAI EV flywheel is characterized by long cycles, capital intensity, and high value, while the Crypto flywheel is defined by short cycles and high cash flow, allowing for effective integration and mutual benefits [7][8] Group 3: Financial Projections - The C10 Treasury plan will utilize an "80% passive + 20% active" asset allocation strategy, aiming for stable, sustainable returns through a combination of index-based and actively managed investments [10][12] - The projected annual yield from a $1 billion C10 Treasury could generate approximately $30 million to $50 million in fixed income, enhancing the company's financial statements and cash flow [12][13] Group 4: Operational Structure - The Crypto flywheel will be operated by a wholly-owned subsidiary of FF, ensuring operational independence and risk isolation from the EAI EV business, which is crucial for future strategic partnerships and potential spin-offs [12][14] - The company emphasizes transparency and independence in its operations, with third-party custody of crypto assets and clear visibility of holdings, ensuring safety and sustainability [14]

－美国市场聚焦比特币现货ETF以及日本关于加密资产监管的改革－ 作者：野村资本市场研究所 坂上 圣奈（Seina Sakaue） 摘要 1. 在日本，关于加密资产的监管讨论日益增多，其背景之一是，比特币现货ETF终于获得了美国 监管机构的正式批准。受此消息影响，市场对通过有价证券投资的形式获取加密资产敞口的手段产 生浓厚兴趣，加密资产ETF因此受到了更多的关注。 2. 在美国，随着投资者对加密资产持续表现出浓厚兴趣，2025年1月上任的特朗普政府也推出了 支持加密资产发展的政策，推动了相关制度建设的加速。 3. 比特币现货ETF的出现有可能成为资金流入市场的重要渠道，同时，比特币与传统金融资产的 低相关性，可有效增强投资组合的分散性。 4. 在日本成立加密资产ETF可以考虑以下几种方式：（1）依据《投资信托及投资法人相关法 律》作为投资信托成立；（2）引入外国籍基金；（3）依据《信托法》作为受益证券发行信托成 立。此外，还需要注意加密资产和ETF在税务上的相关处理。 日本为加密资产ETF的推出铺路 5. 加密资产ETF可为投资者提供通过有价证券投资方式接触加密资产的渠道。在日本，随着投资 者对加密资产的需求不 ...

Group 1 - The company holds a total of 193.08 units of Bitcoin, with an average cost of approximately $73,015 per unit, and its associated companies hold an additional 96 units [1] - The total Ethereum holdings amount to 1,707.63 units, with an average cost of about $3,155 per unit, including 794 units held by associated companies [1] - The company possesses 14,057 units of Solana (SOL), with an average cost of $165 per unit, alongside 6,365 units held by associated companies [1] Group 2 - The company's crypto assets are managed by LK Crypto, which has a diverse team of experienced professionals with an average of over eight years in the cryptocurrency and blockchain industry [1] - LK Crypto implements strict security and risk control measures, including multi-signature custody and real-time on-chain monitoring, to maintain robust asset management capabilities in a volatile market [2] - The company plans to launch a $100 million asset management and fundraising initiative through LK Crypto, focusing on high-quality cryptocurrency assets, Web3 infrastructure projects, and global equity assets aligned with its strategic development [2]

Group 1 - Bitcoin price surged again, approaching last month's historical high, driven by potential changes in U.S. regulatory policies and an important IPO in the digital asset space [1] - Bitcoin broke $120,000, with a cumulative increase of approximately 3% since August, continuing the positive sentiment from the previous week [1] - U.S. President Trump has requested the Labor Department to consider expanding retirement account investment options to include alternative assets like cryptocurrencies, which could further boost digital asset prices if approved [1] Group 2 - Bullish, a digital asset trading platform, plans to raise $990 million through an IPO, with an estimated market capitalization of $4.8 billion, expected to be listed on the NYSE under the ticker BLSH [2] - Bitcoin has seen a significant increase of about 30% this year, while the U.S. dollar index has decreased by 9.2% during the same period [2] - The market is anticipating the U.S. July CPI data, with expectations of an annual inflation rate rising to 3%, while traders are betting on a potential interest rate cut by the Federal Reserve [2] Group 3 - Bitcoin typically strengthens during periods of declining short-term interest rates and concerns over fiat currency depreciation [3] - Technical analysts suggest that if Bitcoin surpasses previous highs, potential target levels could be between $130,000 and $134,000, while key support levels may be between $110,000 and $112,000 if a price correction occurs [3]

Group 1 - Bitcoin price surged past $121,000 on August 11, marking a nearly 4% increase within 24 hours, following a rebound after a decline since its historical high on July 14 [1] - Major cryptocurrencies experienced upward trends, with Bitcoin rising from $111,000 to the $120,000 range in August, and Ethereum surpassing $4,300 on the same day [2] - The number of liquidations in the cryptocurrency market increased significantly, with over 113,000 liquidations totaling approximately $373 million in the last 24 hours [2] Group 2 - South Korean retail investors have shifted their focus from large-cap U.S. tech stocks to stablecoins and cryptocurrency-related stocks, with the proportion of such stocks in their top 50 purchases rising from 8.5% in January to over 30% in July [3] - David Sacks, a U.S. government official, criticized major U.S. banks for restricting access to Bitcoin ETFs on their wealth management platforms, which manage assets totaling $31 trillion [3] - BNC, a Nasdaq-listed company, announced the purchase of 200,000 BNB for approximately $160 million, positioning itself as the largest institutional holder of BNB [4]

Core Viewpoint - Bitcoin price has rebounded to over $121,000, marking a nearly 4% increase, following a period of volatility since mid-July [1][2]. Price Movements - Bitcoin has shown strong performance in August, rising from $111,000 to the $120,000 mark, with a notable surge on August 11 [4]. - Other major cryptocurrencies have also experienced price increases, with Ethereum surpassing $4,300 and ENA and ZORA achieving significant gains of 11.35% and 27.35% respectively [4]. Market Dynamics - The recent volatility in the cryptocurrency market has led to a significant increase in liquidation events, with 113,100 individuals liquidated in the last 24 hours, totaling $373 million [5]. - Among the liquidations, long positions accounted for $170 million while short positions accounted for $210 million, with the largest single liquidation occurring on OKX-BTC valued at $9.144 million [6]. Investor Behavior - In South Korea, retail investors have shifted their focus from large-cap U.S. tech stocks to cryptocurrencies and stablecoin-related stocks, with the proportion of such stocks in the top 50 purchases rising from 8.5% in January to over 30% in July [8]. - The narrative surrounding Bitcoin is evolving, positioning it as a macro asset to hedge against unchecked fiscal spending [8]. Institutional Moves - On August 11, Nasdaq-listed company BNC announced the purchase of 200,000 BNB, amounting to approximately $160 million, establishing itself as the largest institutional holder of BNB [9].

Group 1: Bitcoin Price Movement - Bitcoin price surged back to over $121,000, marking an increase of nearly 4% within 24 hours [1][3] - Since July 14, when Bitcoin first broke the $120,000 mark, it has experienced significant fluctuations, with a rebound observed in August [1][3] Group 2: Other Cryptocurrencies Performance - Other major cryptocurrencies also saw price increases, with Ethereum surpassing $4,300 and ENA and ZORA experiencing gains of 11.35% and 27.35% respectively [3] - Analysts suggest that Ethereum's price could reach a target of $20,000 if it closes above $4,100 in the coming weeks [3] Group 3: Liquidation Data - In the last 24 hours, over 113,000 traders faced liquidation, with a total liquidation amount of $373 million [3][4] - The breakdown of liquidations showed $170 million from long positions and $210 million from short positions, with the largest single liquidation occurring on OKX-BTC valued at $9.144 million [3][4] Group 4: Market Sentiment and Investment Trends - Korean retail investors have shifted their focus from large-cap U.S. tech stocks to cryptocurrencies and stablecoin-related stocks, with the share of crypto-related stocks in their purchases rising from 8.5% in January to over 30% in July [6] - The narrative around Bitcoin is evolving, being viewed as a macro asset to hedge against excessive fiscal spending [6] Group 5: Corporate Developments - Nasdaq-listed company BNC announced the acquisition of 200,000 BNB, amounting to approximately $160 million, positioning itself as the largest institutional holder of BNB [7] - BNC has recently completed a $500 million private placement led by 10 X Capital and appointed David Namdar as CEO [7]

Group 1: Bitcoin Price Movement - Bitcoin price surged back to over $120,000, reaching $121,223.6, with a nearly 4% increase in the last 24 hours [1][4] - Since July 14, when Bitcoin first broke the $120,000 mark, it has experienced significant fluctuations, with a rebound observed in August [3][4] Group 2: Other Cryptocurrencies Performance - Ethereum's price surpassed $4,300, while ENA and ZORA saw increases of 11.35% and 27.35%, respectively, with ZORA reaching a new historical high [5] - Analysts suggest that Ethereum's price could potentially reach $20,000 if it closes above $4,100 in the coming week [5] Group 3: Liquidation Events - In the last 24 hours, over 113,100 traders were liquidated, with a total liquidation amount of $373 million [6][7] - The liquidation breakdown shows $170 million from long positions and $210 million from short positions, with the largest single liquidation occurring on OKX-BTC valued at $9.144 million [7][8] Group 4: Market Sentiment and Trends - Korean retail investors have shifted their focus from large-cap U.S. tech stocks to stablecoins and crypto-related stocks, with the share of crypto-related stocks in their purchases rising from 8.5% in January to over 30% in July [9] - The narrative around Bitcoin is evolving, being viewed as a macro asset to hedge against uncontrolled fiscal spending [9] Group 5: Corporate Developments - Nasdaq-listed company BNC announced the purchase of 200,000 BNB, amounting to approximately $160 million, positioning itself as the largest institutional holder of BNB [10] - BNC has restructured its management and appointed David Namdar, co-founder of Galaxy Digital, as CEO [10]