稳定币公司 Plasma 在 A 轮融资中筹集 2000 万美元

Ethereum is trading at $2,378, down 5% in the past 24 hours after reaching a weekly high of $2,693.  Even with the decline, Ethereum (ETH) is still up over 35% in the past month, showing strength amid a recent crypto market revival. With 24-hour volume up 128.6% to $29.6 billion, trading activity has increased, indicating renewed interest from both retail and institutional investors.  Derivatives data paints a similar picture. CoinGlass data shows a 135% spike in trading volume. Interestingly, open interest in ETH futures has declined by 5.53% during the same period, which could suggest that short-term traders are closing out positions while new momentum begins to build underneath. From a technical standpoint, Ethereum has returned to the middle of its Bollinger Bands after the recent sell-off. Momentum has turned slightly negative, and the relative strength index has cooled from the overbought zone to 59.6. Ethereum price analysis. Credit: crypto.news While short-term signals like the 10-day EMA and SMA are flashing red, Ethereum is still above its 20-, 30-, and 50-day moving averages. At the moment, the majority of momentum indicators are neutral. Additionally, the MACD is still positive, suggesting that if the asset finds solid support within the current range, there may be a chance for a fresh uptrend. You might also like:Ethereum unveils “trillion-dollar security” plan amid tokenization boom Analysts are still split on the near-term outlook, although they are generally optimistic. Titan of Crypto, in a May 17 post on X, suggested that Ethereum still has “more gas in the tank,” citing the weekly Stochastic RSI, which has not yet reached extreme overbought levels. According to him, the rally could extend over the coming weeks. On the flip side, Crypto Patel views the current move as a healthy correction. He points to Ethereum’s rejection at the $2,500 level, an area known as a fair value gap, a price zone where the asset previously moved too quickly, often leaving behind unfilled orders. These gaps tend to get revisited by the market, either to confirm support or resistance.  $ETH Pullback Loading: Is $1,800 the Next Big Buy Zone?#Ethereum faced rejection near the $2,500 FVG zone and is now entering a correction phase.Price may drop into the $1,930–$2,100 FVG zone, which aligns with a strong bullish order block around $1,810.This area is a… pic.twitter.com/tExGXoojfZ— Crypto Patel (@CryptoPatel) May 17, 2025 Patel believes ETH could now dip into the $1,930 to $2,100 range, which also aligns with another FVG and a bullish order block near $1,810. Order blocks, which frequently serve as powerful support zones, are collections of sizable buy or sell orders made by institutions or whales. He argues that the next leg higher could push ETH closer to the $4,000–$5,000 range if demand holds here.  The outlook for Ethereum is still cautiously optimistic, regardless of whether it finds support at current levels or declines further before the next rally. Read more:Ethereum enters ‘rebuild era,’ Vitalik Buterin calls for cultural shift

2025 年 2 月 21 日，美国证券交易委员会委员海斯特·皮尔斯发表了题为《一定有办法摆脱困境》的声明，它读起来不像是一篇典型的监管评论。标题是对鲍勃·迪伦的《All Along the Watchtower》的致敬，奠定了基调：沮丧、紧迫，甚至可能是对澄清的无声恳求。 SEC 发布了一份正式的信息征求书，公开征求公众对如何确定加密资产是否应归类为证券并受监管的意见。这是多年来首次真正邀请更广泛的加密生态系统参与制定规则。 In response, on March 13, venture capital giant Andreessen Horowitz (A16z) submitted a proposal built around what it calls a “control-based decentralization framework.” The idea is this: if a blockchain network is open, autonomous, and no longer under the control of a central group, then the tokens operating on it shouldn’t be treated as securities. It’s a neat concept — clean, structured, and seemingly grounded in logic. But as I dug into the details and spoke with experts, including Alice Frei, Head of Security and Compliance at Outset PR, a more complicated picture began to emerge. 因为虽然该提案提供了一种潜在的“出路”，但并不是每个人都相信它会带来好的结果。 技术中立监管的前景和问题 A16z 框架的支柱之一是加密监管应该既“优点中立”又“技术中立”。如果加密代币的功能类似于传统资产（例如股票或债券），则应在法律下以相同的方式对待。 但弗雷看到了其中的脱节。 “技术中立的方法在理论上听起来很公平。但它并不完全适用于区块链。加密货币不是传统金融系统的换皮——它是根本不同的东西。它不断重新定义自己的经济和功能特性。” She pointed out how each major innovation in crypto introduced entirely new economic behaviors: Bitcoin with decentralized digital scarcity, Ethereum with programmable governance, DAOs with collective decision-making, NFTs with digital ownership, and DeFi with permissionless financial markets. “These aren’t just new wrappers for old assets. They come with entirely different risk models, incentive structures, and governance challenges. Ignoring that in the name of ‘neutrality’ means we’re regulating what crypto looks like — not what it is.” Code Isn’t the Only Force Driving Markets A16z 提案中的另一个关键论点是，如果代币的设计完全嵌入代码中（这意味着其经济逻辑是预先编程的和自主的），那么其价值就不应该被视为依赖于第三方的努力。如果这是真的，它就不会通过豪威测试。 但弗雷表示，这种逻辑在当今市场并不成立。 “仅仅因为质押奖励或代币销毁是自动化的，并不意味着市场是......加密货币的估值不仅仅受代码驱动。投机、情绪、宏观事件——这些因素对价格的影响同样大，甚至更大。” 她以比特币的价格走势为例。其代码可能是可预测的——固定供应量、减半周期——但其估值会根据利率、机构采用甚至病毒式推文而大幅波动。 “看看 Terra。它的整个价值主张是一种自我修正的算法稳定币——一种旨在通过基于代码的激励和自动供应调整来维持与美元挂钩的系统。但即便如此，也无法抵挡投机浪潮。一旦信心崩溃，算法就会失控。数十亿美元在几天内化为乌有。代码没能拯救它。” The Contradiction of ‘Control-Based Decentralization’ One of the more debated parts of A16z’s proposal is the phrase itself:控制型分权。根据该框架，如果运营、经济和治理控制已经足够分散，则网络应被视为分散的——因此不受证券交易委员会的管辖。 但弗雷对权力下放可以如此明确地衡量的想法提出了质疑。 “在缺乏控制的情况下构建权力下放已经很棘手了。但是当你开始建立清单来定义它时，你可能会误将表面权力下放当成真正的自治。” 她解释道，实际上，大多数所谓的去中心化系统仍然涉及影响中心点。开发人员保留对升级的控制权。治理代币通常将权力集中在早期投资者手中。而交易所和托管人等基础设施仍然是中心化的瓶颈。 “True decentralization is a spectrum,” she said. “It’s not a yes-or-no checkbox. And pretending it is opens the door to performative decentralization that looks good on paper but doesn’t hold up in reality.” A Potential Regulatory Loophole 弗雷警告说，更大的担忧是 A16z 提出的框架很容易被利用——尤其是在没有严格的执行标准的情况下。 “你可能有一个从外部看起来是分散的项目，但仍然有内部人员在操纵。” 这可能意味着代币分配看似广泛，但幕后却有紧密的协调。或者治理结构看似民主，但其目的是将决策权集中到少数人手中。或者协议将控制权转移的时间刚好足以通过监管测试，但之后又以不同的名义重新集中。 她说：“如果我们不小心，这就会成为监管套利的指南，而不是透明度的指南。” 我们接下来要去哪里？ To be clear, Frei doesn’t dismiss the effort behind A16z’s proposal. Like many in the industry, she welcomes the discussion and agrees that regulatory clarity is urgently needed. But she’s skeptical that a framework based on rigid decentralization checklists can truly reflect the complexity of today’s crypto landscape. “We need a model that respects the innovation happening in this space,” she said, “but doesn’t ignore the human, economic, and governance dynamics driving it.” That means acknowledging that technology is not neutral — it changes how assets behave. It means recognizing that markets are emotional, not mechanical. And it means treating decentralization as a moving target, not a box to tick. As for the SEC, it now faces the difficult task of turning all this feedback into actionable policy. Whether or not A16z’s framework makes it into the final picture, one thing is clear: the conversation has only just begun. 在我们结束时，弗雷告诉我：“我们的目标不仅仅是监管加密货币。我们要以一种保护人们的方式来做到这一点——而不是假装这个领域不是它本来的样子。” 也许，只是也许，有办法摆脱困境——但前提是我们必须诚实地认清我们的出发点。

唐纳德·特朗普在其就职典礼前 100 天内批准战略比特币储备的可能性已跃升至 56%。 Polymarket 针对超过 260 万美元资产的民意调查显示，这一几率已从本月的低点 23% 攀升至 11 月 7 日以来的最高水平。 这些不断上升的可能性已将战略比特币储备 (SBR) 代币推高至 2.25 美元，使其市值超过 5000 万美元。 特朗普和他的几位顾问都接受了建立这样一个储备的想法，理由是需要将美国定位为世界加密货币之都。该战略的一部分涉及将扣押的比特币兑换成储备。根据 BitcoinTreasuries 的数据，美国持有 198,109 枚比特币，价值超过 210 亿美元。 你可能还喜欢：CryptoQuant 首席执行官表示，特朗普“开启了模因币时代” 战略性比特币储备的可能性正在上升 据媒体报道，特朗普还建议建立由比特币（BTC）和其他美国货币（如 Solana、Cardano 和 Ripple）组成的战略储备。据报道，他的政府表示，将加密货币作为一项重要优先事项是其更广泛议程的一部分。 然而，国会可能不批准建立这样的储备。从历史上看，建立和管理战略储备需要行政和立法行动。由于共和党在参议院和众议院都占微弱多数，国会的批准可能会变得复杂。 在 Coinbase 提出成立此类基金后，战略比特币储备代币也上涨。该公司在一份报告中表示，加密货币将通过增强经济自由来帮助开启资本主义的新篇章。 Coinbase 首席执行官 Brian Armstrong 进一步建议美国和其他国家支持经济特区，通过促进加密货币发展的法律，并使用区块链技术提高政府效率。 你可能还喜欢：特朗普和梅拉尼娅模因币可能很快崩溃的主要原因

Hong Kong’s financial regulator will soon require stablecoin issuers to meet robust risk management and compliance standards under the new law. Hong Kong just hit the gas on stablecoin regulation, passing a bill that makes licensing mandatory for anyone issuing fiat-referenced stablecoins. Under the new Stablecoins Bill, any business issuing stablecoins tied to the Hong Kong dollar or operating in Hong Kong must get a license from the Hong Kong Monetary Authority. Licensed issuers will have to follow strict rules on managing reserves, allowing redemptions at face value, keeping client assets separate, and meeting standards for anti-money laundering, risk management, disclosure, and auditing. Secretary for Financial Services and the Treasury Christopher Hui said the new law follows the idea of “same activity, same risks, same regulation” and focuses on managing risks to create strong rules. He added that the law matches international standards. “We believe that a robust and fit-for-purpose regulatory environment would provide favourable conditions to support the healthy, responsible, and sustainable development of Hong Kong’s stablecoin and the broader digital asset ecosystem.” HKMA CEO Eddie Yue You might also like:$15m crypto laundering operation busted in Hong Kong The new licensing regime will also limit stablecoin advertisements to licenced issuers in a bid to help prevent scams. The government plans to introduce further regulations on crypto trading platforms, over-the-counter services, and custodians in coming months. The move comes amid growing interest in cryptocurrencies in Hong Kong. A November 2024 survey by the Hong Kong University of Science and Technology found that 25% of respondents plan to hold cryptocurrencies, up 6% since September 2023. The survey also showed rising confidence in regulated crypto exchanges despite ongoing uncertainty. The new Stablecoins Bill is expected to take effect later this year. Read more:Hong Kong SFC approves tokenized money market ETFs by HashKey, Bosera

披露：本文不代表投资建议。本页内容和材料仅供教育之用。 在土耳其加密货币格局不断发展的背景下，WhiteBIT TR 与 Misyon Bank 合作扩大欧洲投资者的加密货币使用渠道。 WhiteBIT TR 加密货币交易所宣布与土耳其新银行 Misyon Bank 建立战略合作伙伴关系。两家公司透露，此次合作的目标是让 Misyon Bank 通过 WhiteBIT TR 与欧洲各地的个人投资者建立联系。 根据米西翁银行金融科技和数字资产子公司 MisyonTech 与 WhiteBIT TR 之间的协议条款，后者将在土耳其首个银行担保加密资产平台上为 BTC、ETH、USDC、USDT 和 AVAX 等主要加密货币提供流动性。 多年来，土耳其已成为加密货币领域的地区领导者。根据 Kaiko 去年发布的见解，该国超过一半的人口已投资加密货币。该研究公司将加密资产的采用率提高归因于宏观经济因素，例如通货膨胀上升、该国货币贬值以及大量没有银行账户的年轻公民。 为了支持加密货币领域不断增长的投资，土耳其议会于去年 7 月批准了一项新的加密货币立法。该立法有望将土耳其从 FATF 的反洗钱措施不足的国家“灰名单”中拉出来。 值得注意的是，土耳其的通胀经济形势显著增加了该国对稳定币的使用。根据 Kaiko 的研究，到 2024 年 7 月，USDT-TRY 是币安上交易量最大的交易对，交易额超过 220 亿美元。值得注意的是，2024 年，土耳其的 meme 币交易量超过了比特币。 利用土耳其对加密货币日益增长的热情，多家公司推出了令人兴奋的新举措。WhiteBIT TR-Misyon 合作可以被视为其中一项举措。在签署合作协议时，WhiteBIT TR 董事会主席 Emre YetiÅŸkin 称赞了 Misyon Bank 作为土耳其数字资产领域的先驱所取得的进步。 与此同时，MisyonTech 首席执行官 Muhammet Cerit 表示，自 2022 年以来一直为土耳其用户提供服务的 WhiteBIT TR 是了解该国及其市场的交易所之一，凭借其速度和安全功能在土耳其脱颖而出。 穆罕默德·塞里特 (Muhammet Cerit) 表示：“我们今天与 WhiteBIT TR 签署的协议是我们接触欧洲个人投资者目标的第一阶段。” 两家公司的领导人还认为，该国针对数字资产的新法规加强了土耳其作为区域投资中心的地位。 阅读更多：BTguru 和 Chainlink 联手推进土耳其的代币化 披露：本内容由第三方提供。crypto.news 不认可本页提及的任何产品。用户在采取与该公司相关的任何行动之前，必须自行进行研究。