随着 Tron 费用和交易量的激增，TRX 价格可能飙升

1 月 24 日，THORChain 通过 X 宣布，由于过度负债和杠杆问题影响其生态系统，该公司已暂停其网络。该平台欠下近 2 亿美元的生态系统债务。 在 DeFi 中，当区块链所欠的代币数量超过其持有的数量时，就会出现生态系统债务，正如 THORChain 目前的情况一样。这通常是由于过于雄心勃勃的承诺或管理不善造成的，从而导致财务失衡。 另一方面，当用户使用加密资产作为抵押品来借入资金以改善其头寸时，就会产生杠杆风险。杠杆风险可以放大利润，但如果市场下跌，也会带来巨额损失，可能导致清算。 THORChain 网络暂时停止运营，以解决金融不稳定问题并实施重组计划。来源：X by crypto.news 据 Blockbeats 称，THORChain 的借款负债为 9700 万美元，存款人和合成资产负债为 1.02 亿美元。这种财务失衡已将区块链推向破产的边缘。 你可能还喜欢：Echelon 融资 350 万美元，用于推进基于 Move 的区块链上的 DeFi 借贷 THORChain 正在采取什么措施来解决这个问题？ 这些风险反过来又影响了 THORChain 的原生代币 RUNE（RUNE）代币，导致价格波动，截至 1 月 24 日，该代币在过去 24 小时内暴跌了 40% 以上。这种情况也导致对该协议失去信心，THORChain 验证者目前正在对重组计划进行投票。 不存在死亡螺旋的风险，该功能已被暂停。大部分抛售量都是持仓空头猜测其将进入负面反射循环。可能导致其陷入负面反射循环的功能已被禁用，并将被……— TCB (@1984_is_today) 2025 年 1 月 24 日 这项重组计划将有助于稳定系统并避免生态系统面临更多风险。据 THORChain 核心投资者 TCB 称，风险贷款和杠杆功能（如 ThorFi）被认为是造成不稳定的主要原因，因此已从区块链中删除。 如果没有 ThorFI 的功能，@THORChain 可能就会成为十大协议之一。自流媒体互换推出以来，出现了一系列好消息，但却未引起人们的注意，它是一种不可投资的资产，由于其复杂性，聪明的资本甚至无法触及它。— TCB (@1984_is_today) 2025 年 1 月 24 日 此外，重组计划还包括努力重新赢得用户的信任。截至目前，与 Trust Wallet 和 Coinbase 等钱包的集成允许用户连接到 THORChain，而流动性提供者将确保流动性，帮助区块链重新站稳脚跟。 DeFi 借贷相关风险 虽然加密社区中的许多人通过 DeFi 借贷赚取被动收入，但并非没有风险。2020 年 3 月，MakerDAO 的生态系统债务高达 665 万美元。作为债务偿还策略的一部分，该平台必须铸造和出售 MKR 代币来偿还超过 450 万美元。 过于复杂的功能（例如过多的杠杆）可能会破坏协议的稳定性，这凸显了简化设计的必要性。此外，还需要建立有效的风险管理系统，以避免生态系统债务并保护用户的资金。 阅读更多：MakerDAO 推出 Spark 协议，用于 DeFi 借贷

Grayscale’s application for a spot XRP exchange-traded fund has been postponed by the U.S. Securities and Exchange Commission, which cited the need for more time to examine the proposal.  According to a SEC notice published on Mar. 11, the next deadline has been moved to May 21 by the regulator’s extension, although a final decision may not be made until mid-October. The SEC acknowledged Grayscale XRP ETF application in February after it was initially submitted in January. The company’s bid was the first Ripple (XRP) ETF proposal that the regulator acknowledged. Canary Capital, WisdomTree, Bitwise, CoinShares, and 21Shares are among the other asset managers that have applied, suggesting a growing interest in institutional investment products associated with XRP. In the meantime, Franklin Templeton entered the race by filing as an S-1 with the SEC on Mar. 11 in order to establish the Franklin XRP Trust. If authorized, Coinbase Custody will act as the ETF’s custodian and it will trade on the Cboe BZX Exchange. 你可能还喜欢：Bitwise 向美国证券交易委员会提交 Aptos ETF 申请 Coinglass 数据显示，随着现货比特币 ETF 的成功，ETF 的注册数量不断增加。截至 3 月 12 日，比特币 ETF 管理的资产规模已达 950 亿美元。业内人士表示，ETF 注册数量的增加是为投资者提供传统数字资产投资的受监管替代品的更大趋势的结果。 许多人认为，这些 ETF 是提高市场透明度和保护投资者的重要一步。尽管申请数量激增，但 SEC 仍然保持警惕。过去，SEC 一直犹豫是否批准基于加密货币的 ETF，理由是担心监管不确定性和市场操纵。 不过，彭博分析师 Eric Balchunas 和 James Seyffart 表示，XRP ETF 在 2025 年获批的几率为 65-75%。市场情绪也依然乐观。在加密货币博彩平台 Polymarket，博彩者目前将获批的几率定在 72% 左右，表明对积极结果充满信心。 Investors are now awaiting further information, with many expecting that a more transparent regulatory environment will open up new avenues for investment in the digital asset space. 阅读更多：SEC 推迟对富达现货以太坊 ETF 期权做出决定

Californian venture capital firm Pantera Capital tapped former Kraken legal head Marco Santori as a general partner amid growing investor interest in token deals and crypto IPOs. Pantera Capital has appointed Marco Santori, the former chief legal officer at crypto exchange Kraken, as a general partner to help the Californian venture capital firm navigate regulatory issues and support startups preparing for public listings. Time to put my money where my mouth is.Correction: Time to put *your* money where my mouth is, because today I am joining @PanteraCapital as a General Partner.I’m making the jump from lawyer to investor, and I think this is the perfect time to do it.…— Marco Santori (@msantoriESQ) April 28, 2025 You might also like:‘AI will accelerate blockchain adoption:’ Interview with Pantera Capital’s Cosmo Jiang Santori is well known in the crypto industry for creating the SAFT framework, a tool used by projects to sell tokens to investors before launching. At Kraken, he led a legal team of nearly 70 lawyers and helped the exchange deal with two enforcement actions brought by the U.S. Securities and Exchange Commission. He also worked as chief legal officer at another crypto firm, Blockchain.com. “For twelve years I’ve worked alongside you all to build the regulatory environment crypto enjoys today. We’ve won allies in Congress, unseated its most vicious detractors, and even helped put a pro-crypto president in the White House. The work’s not done, but we’re clearly in a new era, and now it’s time to invest in it.” Marco Santori Santori still serves as a senior adviser to Kraken. At Pantera Capital, which manages over $5 billion in assets, he will focus on companies “building in regulated spaces,” adding that he wants to find “new projects that can push the regulatory envelope without breaking it, get them funded, and help them thrive.” Read more:Kraken Veterans take over Janover with new focus on Solana holdings

今天的每周回顾聚焦比特币的下跌和 meme 币市场的低迷。此外，KuCoin 因经营无牌汇款业务而认罪，并同意支付巨额罚款。 比特币跌破 99,000 美元 2 月 2 日，比特币 (BTC) 跌破 99,000 美元；观察人士将此归咎于总统唐纳德·特朗普对中国、加拿大和墨西哥商品征收关税引发的避险情绪。 此次下跌恰逢 DeepSeek 的首次亮相，DeepSeek 展示了与 OpenAI 匹敌的 AI 能力，但成本却仅为 OpenAI 的一小部分。特朗普将其描述为“积极”的发展，尽管他的加密沙皇称其为知识产权盗窃。 与人工智能相关的加密货币受到了影响：NEAR 协议（NEAR）、互联网计算机（ICP）和 Render（RNDR）的跌幅分别为 8-10%。 来源：CoinGecko MicroStrategy 在其金库中投入了更多加密货币 由迈克尔·塞勒 (Michael Saylor) 领导的公司在 1 月 21 日至 26 日期间以约 11 亿美元收购了 10,107 个 BTC，平均价格为每 BTC 105,596 美元。 MicroStrategy 的总持有量目前已达到 471,107 BTC，价值超过 460 亿美元。 你可能还喜欢：加密货币风险投资融资：Cipher Mining 获 5000 万美元融资，D3 Global 获 2500 万美元融资 Ripple 获得新的州执照 在特朗普政府支持加密货币的立场下，Ripple 获得了纽约和德克萨斯州的货币转账许可证，以扩大其国内业务。该许可证允许 Ripple Payments 客户使用获得许可的跨境支付解决方案，交易由 Ripple 端到端管理。 比特币耶稣赦免请求面临公民身份障碍 埃隆·马斯克回应了罗杰·维尔请求总统赦免的请求，并表示由于维尔放弃了美国国籍，赦免是不可能的。 法官安德鲁·卡特 (Andrew Carter) 判处该公司 1.13 亿美元的罚款和 1.845 亿美元的没收，同时公司高管甘和唐将被免去管理和运营职务。 Tuttle Capital 申请发行多种加密货币 ETF 该投资公司提交了首批与 Chainlink (LINK)、Cardano (ADA) 和 Polkadot (DOT) 挂钩的 ETF 申请，超越了传统的加密货币产品范围。 该提案包括10只杠杆ETF产品，其中最引人注目的是第一只与梅拉尼娅号相关的ETF（MELANIA）。 其他拟议产品包括 XRP (XRP)、Bonk (BONK)、BNP、Solana (SOL)、莱特币 (LTC) 和特朗普官方模因币 (TRUMP) 的杠杆产品。 Metaplanet 宣布创纪录的比特币购买量 该公司已通过 0% 折扣移动行使权证发行了 2100 万股股票，筹集了 1160 亿日元（7.45 亿美元），这是亚洲股票市场历史上最大规模的融资。 亚利桑那州委员会推进州 BTC 储备计划 该州参议院财政委员会以 5 比 2 的投票通过了《战略比特币储备法案》（SB 1025）。 该法案由参议员温迪·罗杰斯（Wendy Rogers）和众议员杰夫·温宁格（Jeff Weninger）提出，提议将公共资金投资于 BTC 和其他加密货币。 捷克国家银行行长 AleÅ¡ Michl 计划提出一项提案，将高达 70 亿美元的国家储备分配给比特币。 如果获得批准，捷克共和国将成为第一个将数字资产作为其储备的一部分的西方央行。 萨尔瓦多满足国际货币基金组织的要求 该国立法议会批准了一项法案，修改其 BTC 采用方式，以符合 14 亿美元 IMF 交易的条件。 该法案以 55 票赞成、2 票反对获得通过，将私营部门接受加密货币从强制变为自愿。

The IOTA price sustained its robust rally on Monday as the Rebased upgrade date approached. It has jumped for ten consecutive days, marking its longest streak since March 3. IOTA (IOTA) jumped to a high of $0.2415, its highest level in over two months, and 85% above its lowest swing in April. The token is gearing towards its biggest upgrade in its history. In a note last week, the developers said that the Rebased upgrade and hard fork will happen on Monday, May 5. This upgrade will introduce several features that will benefit both developers and investors. IOTA investors will benefit from the introduction of staking, which will let them earn between 10% and 15%. You might also like:‘Collateral of last resort’: Bitcoin price faces a $482 billion catalyst Staking will become possible because IOTA will adopt a delegated proof-of-stake network, with over 150 validators, including Ankr, Cosmostation, Nansen, Twinstake, and Hacken. IOTA’s developers will also benefit, as the network will introduce Move-based smart contracts. These contracts will enable developers to build decentralized applications in industries like gaming, non-fungible tokens, and decentralized finance.  These smart contracts will let IOTA’s network compete with other networks like Ethereum (ETH), Solana (SOL), and Tron (TRX). This, in turn, will help generate income for the network. Some of the fees collected will be burned, making it deflationary. IOTA’s 50,000 transactions per second throughput will surpass that of many other networks. In a note, the developers said that two dApps have already launched on the Rebased testnet. Swirl is the first liquid staking network, while Pools Finance is the first decentralized exchange network. IOTA price technical analysis IOTA price chart | Source: crypto.news The daily chart shows that the IOTA price has rebounded strongly over the past few days. Most of these gains followed the announcement of the Rebased upgrade roadmap. The coin has broken above the upper side of the falling wedge chart pattern, a popular bullish signal. It has also moved above the 50-day moving average and the key resistance level at $0.2095, the highest swing on March 26. Therefore, the IOTA token will likely continue rising as bulls target the next key resistance at $0.4235, the highest swing on January 17. This price is about 95% above the current level. A drop below the support at $0.15 would invalidate the bullish forecast. You might also like:What to know about IOTA’s Rebased upgrade: deprecated Firefly wallets, changes in validator tokenomics