智通财经5月13日电，据标普道琼斯指数公司，加密数字货币交易所Coinbase(COIN.O)将被纳入标普500 指数，从而取代Discover Financial。 ...

Group 1 - The core viewpoint is that significant reforms may be necessary for the cryptocurrency brokerage system according to SEC Chairman Atkins [1] Group 2 - The SEC is considering changes to enhance regulation and oversight of cryptocurrency brokers [1] - The potential reforms aim to address the evolving landscape of digital assets and ensure investor protection [1] - The discussion reflects ongoing concerns about the risks associated with cryptocurrency trading and the need for a more robust regulatory framework [1]

Group 1 - Coinbase reported total revenue of $2.03 billion for the first quarter, below analyst expectations of $2.11 billion [1] - Adjusted EBITDA for the first quarter was $929.9 million, compared to analyst expectations of $971.1 million [2] - Trading revenue for the first quarter was $1.3 billion, slightly below the expected $1.33 billion [2] Group 2 - Subscription and services revenue for the first quarter was $698 million, also falling short of the anticipated $702.5 million [2] - The company expects subscription and services revenue for the second quarter to be between $600 million and $680 million [2] - Following the earnings report, Coinbase's stock fell by 3.39% in after-hours trading [3]

Group 1 - The core point of the news is the volatility of gold prices, with significant fluctuations observed during the Asian trading session, driven by various market factors [1][3][4] - Gold prices saw a sharp increase, reaching a high of $3414.706 per ounce before experiencing a decline to a low of $3319.835 per ounce, indicating a drop of over $90 from the peak [1][3] - Goldman Sachs reported that the recent surge in gold prices was primarily due to active buying by Asian officials, with most price movements occurring during Asian trading hours [7][8] Group 2 - The data from the ETF market shows a net outflow of over 7 billion, while the SGE Gold 9999 ETF recorded a net inflow of 936 million, highlighting a shift in investment preferences [9][11] - The report indicates that Bitcoin ETFs have seen significant inflows, surpassing those of gold ETFs, with the BlackRock Bitcoin ETF receiving $6.96 billion this year, compared to $6.5 billion for the largest gold ETF [13] - The People's Bank of China has increased its gold reserves for six consecutive months, with a total of 73.77 million ounces as of the end of April, reflecting a slower growth rate compared to previous months [14] Group 3 - The public fund industry in China has introduced a significant reform document aimed at transitioning from a focus on scale to one on quality, with 25 reform measures outlined [19][20] - Key measures include establishing a performance-based fee structure for funds, enhancing long-term performance assessments, and promoting the growth of equity investment within public funds [19][20] - This reform is expected to have a profound impact on the industry landscape and wealth management for residents, emphasizing the importance of returns over mere asset accumulation [20]

Core Insights - Ant Group's launch of the Layer2 blockchain platform Jovay significantly enhances the digitalization of renewable energy assets, boasting a transaction throughput of up to 100,000 TPS and an on-chain response time of just 100 milliseconds [1] - The XBIT decentralized exchange platform showcases strong technical adaptability, focusing on innovation and user experience, enabling seamless multi-chain asset trading and achieving millisecond-level transaction confirmations with low Gas fees [3][6] - The concept of "炒币" (speculating on cryptocurrencies) has evolved, requiring investors to understand technological innovations and market trends, as XBIT and Ant Group's Jovay work together to create a superior trading ecosystem [5][6] Technology and Efficiency - Jovay's dual proof system and seamless integration with Layer1 blockchains like Ethereum revolutionize transactions involving complex asset verification and privacy protection, particularly for Real World Assets (RWA) [1] - XBIT's smart liquidity aggregation technology optimizes trading paths, keeping slippage at minimal levels, which aligns with Jovay's vision of enhancing efficiency and reducing costs [3] - The platform's recent performance indicates a significant increase in trading activity, with a 87% year-on-year surge in perpetual contract trading volume over the past three months [6] Market Trends and Investment Strategies - The digital asset trading landscape is shifting from speculative trading to value investing, driven by technological advancements and the growing RWA ecosystem [6] - Investors are encouraged to adapt to new technologies and rules, as the definition of "炒币" now encompasses a deeper understanding of market dynamics and technological innovations [5][6] - The combination of Layer2 technology and innovative trading mechanisms positions XBIT and Jovay as leaders in the evolving digital asset market, promoting a transition towards more efficient and secure trading practices [6]

Strategy一季度营收1.111亿美元 不及预期 智通财经5月2日电，比特币持仓大户Strategy（原名MicroStrategy）一季度营收1.111亿美元，分析师预 期1.158亿美元。一季度净亏损42.3亿美元。 ...

Group 1: Dollar Credit Impact on Gold Prices - The increasing fiscal pressure and concerns over Federal Reserve independence are undermining dollar credit, accelerating gold price increases. As of April 22, 2025, gold prices surged to $3,400-$3,500 per ounce, with key ratios like gold-silver, gold-copper, and gold-oil breaking historical thresholds[6][11] - The total U.S. public debt reached $36.2 trillion by the end of March 2025, with interest payments accounting for over 13% of fiscal expenditures in 2024[6] - The market is witnessing a "triple kill" of dollar assets (stocks, bonds, and currency), leading to a flight to gold as a traditional currency anchor[6] Group 2: Risks from Stablecoin Issuance - The recent GENIUS Act passed by the U.S. Senate on March 13, 2025, is expected to boost stablecoin issuance from $230 billion to $2 trillion by the end of 2028, creating $1.6 trillion in new demand for short-term Treasury bills[3][27] - Stablecoins like USDT and USDC are becoming widely used for cross-border payments, with USDT's market cap at approximately $147 billion and USDC at around $62 billion as of April 27, 2025[14][18] - The issuance of stablecoins may counteract the current sell-off in U.S. Treasuries, potentially leading to a risk of gold price corrections as dollar credit stabilizes[27] Group 3: Signs of Shallow Recession in the U.S. - The U.S. economy is showing signs of weakening, with the unemployment rate at 4.2% in March 2025 and a significant decline in consumer confidence as indicated by the Michigan Consumer Sentiment Index[28][29] - As of April 23, 2025, 27% of S&P 500 companies have downgraded their earnings expectations for 2025, while only 9% have raised them, indicating a bearish outlook[28] - The likelihood of a recession in Q2 2025 is increasing, driven by significant corrections in U.S. asset prices, impacting household wealth[28] Group 4: Federal Reserve's Interest Rate Outlook - The market anticipates a high probability of a 100 basis point rate cut in 2025, with the next cut expected in June, as indicated by the CME model[32][34] - The March FOMC dot plot showed a majority of committee members favoring a 50 basis point cut in 2025, suggesting a shift in monetary policy to address economic concerns[32][37] - Trump's recent statements indicate a potential easing of tensions with the Federal Reserve, which may stabilize market expectations regarding dollar credit[32] Group 5: Risk Factors - Potential risks include Trump's fluctuating statements, unexpected rebounds in overseas inflation, and the U.S. economy maintaining stability, which could all impact the outlook for gold prices and dollar credit[39]

Group 1 - Bit Digital, Inc. (BTBT) has an average brokerage recommendation (ABR) of 1.00, indicating a Strong Buy based on five brokerage firms' recommendations, all of which are Strong Buy [2][5] - Despite the Strong Buy recommendation, relying solely on brokerage recommendations may not be advisable as studies show they often fail to guide investors effectively [5][10] - Brokerage analysts tend to exhibit a strong positive bias in their ratings, with a ratio of five "Strong Buy" recommendations for every "Strong Sell" [6][10] Group 2 - The Zacks Rank, a proprietary stock rating tool, is a more reliable indicator of near-term price performance, classifying stocks from Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell) [8][11] - The Zacks Rank is based on earnings estimate revisions, which are strongly correlated with near-term stock price movements, unlike the ABR which may not be up-to-date [11][12] - For Bit Digital, the Zacks Consensus Estimate for the current year remains unchanged at -$0.02, leading to a Zacks Rank 3 (Hold), suggesting caution despite the Buy-equivalent ABR [13][14]

数字货币板块持续走高，中油资本（000617）涨停，海联金汇（002537）、飞天诚信（300386）此前封 板,四方精创（300468）、拉卡拉（300773）、新国都（300130）涨超10%，华峰超纤（300180）、雄 帝科技（300546）、高伟达（300465）、京北方（002987）、中亦科技（301208）等跟涨。 暗盘资金正涌入这些股票，点击速看>>> ...

文/ 复旦大学经济学院、世界经济研究所副教授 蔡晓月 当地时间2025年1月23日，美国总统特朗普签署一项行政令，禁止任何机 构在美国境内外发行或使用央行数字货币（CBDC），放松对私人发行数 字货币的监管。本文分析该行政令将给美国数字资产监管环境和生态体系 带来哪些重大改变，并提出了我国的应对措施建议。 当地时间2025年1月23日，美国总统特朗普签署行政令，禁止任何机构在美国境内外发行或使用央行数 字货币（CBDC），放松对私人发行数字货币的监管，以加强美国在数字金融技术领域的领导地位。该 行政令将导致美国数字资产监管环境和生态体系发生重大改变、央行数字货币发展受阻，但也为非美元 数字货币和支付体系提供发展机会。美国主动放弃央行数字货币发展，我国应密切关注其实施进展，并 继续坚持CBDC发展方向，推动在国际上开展多边CBDC合作和数字人民币等非美元跨境结算体系发 展，提升在全球CBDC发展中的话语权和主导权。 行政令主要内容 该行政令撤销了2022年3月颁布的第14067 号《关于确保负责任地发展数字资产的行政命令》和同年7月 发布的美国财政部数字资产国际参与框架，转而成立美国总统领导的数字资产市场工作组 ...