Kraken：76% 的投资者认为 memecoin 的回报大于风险

To improve security in the cryptocurrency sector, Coinbase Institutional has made its multi-party computation cryptography library publicly available. MPC technology lowers the risk of theft or illegal access by allowing multiple parties to sign transactions without disclosing their private keys. Coinbase announced on Mar. 27 that they have open-sourced tools for transaction signing and safe key protection techniques, alongside technical documentations to help developers in integrating MPC into their systems. We’re open-sourcing our multiparty computation (MPC) cryptography library, setting a new industry benchmark for cryptographic transparency.虽然这项技术已经有助于保护 Coinbase 资产，但我们正在通过以下方式提高整个行业的安全标准……— Coinbase Institutional 🛡️ (@CoinbaseInsto) 2025 年 3 月 27 日 现在，代码已在 GitHub 上发布，开发人员和组织可以轻松地将 MPC 集成到他们的安全系统中。Coinbase 希望通过开源这些工具来推动行业更广泛地采用最先进的安全功能。该公司还为安全研究人员推出了一个漏洞赏金计划，以帮助识别代码中的错误。 你可能还喜欢：Coinbase 支持的加密防火墙 Harpie 因商业模式困境而关闭 Since its debut in 2021, Coinbase Prime, the company’s institutional platform, has grown rapidly, securing $404 billion in assets and facilitating $364 billion in quarterly institutional trading volume. It currently supports over 430 assets for custody and 250 for trading. Improving security continues to be its top priority as more institutions adopt Coinbase Prime for safe transactions and custody. Coinbase Institutional’s latest move coincides with the rapid surge in cyberattacks against the crypto industry. In the first quarter alone, hackers stole $1.64 billion, making it the worst quarter for security breaches in history, according to Immunefi’s Q1 2025 report. 94% of all losses were on centralized platforms. The Bybit hack alone accounted for $1.53 billion, making it the biggest exploit in crypto history. Ethereum (ETH) and BNB Chain (BNB) were the main targets for on-chain exploits, with 15 and 19 attacks, respectively. 到目前为止，只有 650 万美元（占第一季度被盗资金总额的 0.4%）被追回。随着黑客变得越来越老练，Coinbase 将其 MPC 库开源的举动可能是朝着改善该行业安全措施迈出的一步。 阅读更多：https://crypto.news/bybit-hack-security-measures-would-prevent-a-repeat/

Lawmakers from both parties appear to be working to revive stablecoin legislation, after a failed vote linked to controversy over Donald Trump’s crypto ventures. Lawmakers in both parties are trying to quickly bring back the GENIUS Act, a stablecoin bill backed by the crypto industry giants, after it stalled last week following backlash over U.S. President Donald Trump‘s growing crypto ventures. Republican Senator Bill Hagerty of Tennessee, the bill’s lead sponsor, said in an interview with Bloomberg that staff from both parties are still working on it. He said he hopes Democrats will agree to pass the bill before the Memorial Day recess. “The window is now. We will see if reasonableness will prevail,” said Hagerty. The bill had bipartisan support in the Senate Banking Committee. Democratic Senator Angela Alsobrooks of Maryland, a key Democratic supporter of the bill, confirmed that senators have continued to work on it, though no details were disclosed. You might also like:Beeple spills the crypto tea: NFTs, future plans, and Trump’s troll army The effort comes just a few days after the U.S. Senate voted against advancing the GENIUS Act, a key bill that would regulate stablecoins, marking a setback for the crypto industry’s push for regulatory clarity. As crypto.news reported earlier, the procedural cloture vote failed 48-49, falling short of the 60 votes needed to begin formal debate. Lawmakers cited concerns over insufficient safeguards against illicit finance and foreign stablecoin issuers, while several Democrats pointed to President Donald Trump’s crypto affiliations — including his memecoin and fundraising dinners — as complicating the process. Read more:Senate crypto bill collapses: Is partisan divide or Trump’s digital fortune to blame?

特朗普的贸易战给加密货币市场造成了严重破坏，比特币也不例外。然而，亚瑟·海耶斯认为，这将带来投资者忽视的新催化剂。 自 1 月份达到峰值以来，比特币 (BTC) 的市值已缩水超过 5000 亿美元，这主要是由于对唐纳德·特朗普贸易战的担忧。然而，4 月 8 日星期二，BitMEX 联合创始人 Arthur Hayes 认为这些关税可能会对 BTC 产生隐藏的积极影响。 如果不是美联储，那么中国人民银行也会为我们提供游艇原料。CNY deval = 中国资本外逃将流入 $BTC 的叙述。它在 2013 年、2015 年都发挥了作用，并且可以在 2025 年继续发挥作用。忽视中国会让你自食其果。pic.twitter.com/LAOeQZEjZt— Arthur Hayes (@CryptoHayes) 2025 年 4 月 8 日 具体来说，海耶斯正在研究关税目前对人民币的影响。4 月 8 日，人民币兑美元汇率跌至 2023 年来的最低点，交易价格为 7.31 兑 1 美元。这一下跌主要是由于人们担心美国关税对中国经济的影响。 你可能还喜欢：特朗普威胁对中国提高历史性关税 加密货币市场紧张不安 海耶斯认为，人民币贬值可能会促使中国投资者寻求对冲通胀的工具，而比特币是最明显的选择。他指出，2013 年和 2015 年也曾出现过类似情况，当时对人民币贬值的担忧重新激发了人们对比特币的兴趣。 How China affects Bitcoin’s price 中国历来是比特币的重要市场，许多人将比特币视为对冲人民币贬值的手段。2013 年，随着人们对中国人民银行放松货币政策的担忧日益加剧，比特币在中国获得了发展。当时，人民币兑美元汇率为 6.12，而今天为 7.31。 2015 年 8 月，央行在一天内将人民币贬值超过 3%，以刺激出口和经济增长。比特币的价格也随之上涨，到 11 月从 200 美元上涨至 500 美元。这些例子表明货币政策变化如何直接影响比特币的需求。 不过，比特币并不是中国投资者对抗通胀的唯一手段。事实上，许多人转向黄金，黄金的价格全年都在持续上涨。此外，法律的不确定性和严格的监管可能会阻止许多普通投资者购买比特币。 你可能还喜欢：币安：贸易战导致加密货币市值蒸发 1 万亿美元，比特币充当风险资产

Dogwifhat price has rallied in the past few weeks, aligning with the performance of most Solana meme coins.  Dogwifhat (WIF) token rose to a high of $1.3142 on Tuesday, up by 335% from its lowest level in April. This rebound has pushed its market capitalization of over $1.07 billion, making it the fourth-biggest Solana meme coin after Official Trump (TRUMP), Bonk (BONK), and Fartcoin (FARTCOIN). Onchain data shows that WIF may soon retreat. One metric is the rising number of tokens on exchanges in recent days, a sign that some investors have started taking profits by selling their holdings. Tokens on exchanges rose 1.67% to 573.80 million, up from 564.35 million during the same period last week. This increase pushed the exchange supply up to 57.20%, from 56.26% a week ago. WIF price chart | Source: Nansen Additional Nansen data shows that smart money investors have continued offloading their WIF tokens. Holdings by these investors have dropped to 23.5 million, down from over 24 million earlier this year. You might also like:Pi Foundation launches $100m fund for startups to power ecosystem growth Smart money investors typically exit their positions when they expect a price reversal, based on their experience. WIF price technical analysis Dogwifhat price chart | Source: crypto.news The daily chart shows that Dogwifhat started a strong downtrend in November when it peaked at $4.80. It bottomed at $0.3027 in April before beginning a slow uptrend, peaking at $1.3115 on Tuesday. The WIF token formed a rounded bottom, a popular bullish continuation sign. It also moved above the 50-day moving average, a positive move.  However, there are signs that the token is now highly overbought. The Relative Strength Index has risen above 80, and the two lines of the MACD indicator have jumped to their highest levels since April of last year. Dogwifhat has also encountered substantial resistance at $1.0815, the lowest swing in August. Therefore, while the long-term outlook remains bullish, a slight pullback is likely as investors take profits. If that happens, the next level to watch will be the 50% retracement point at $0.6493. You might also like:Bitcoin price pattern points to a $145k surge as exchange outflows rise

Ethereum has surged 20% in the past 24 hours, trading at $2,209 as of press time, in one of its sharpest short-term moves this year. The rally was backed by a sharp rise in trading activity, especially in the derivatives market, whose volume jumped 184%, as per Coinglass data. Open interest in Ethereum (ETH) futures has climbed 20% in the past 24 hours, signaling a wave of fresh capital entering the market. Rising open interest alongside price usually points to the start of a new trend, as traders build long positions rather than simply covering shorts. Meanwhile, more than $265 million in short positions were liquidated, adding fuel to the upward momentum. Even though Ethereum has risen 54% in the last month, it’s down 26% so far this year, but there’s still potential for a recovery if momentum continues.  The rally coincides with the ongoing decline in the ETH/BTC Market Value to Realized Value ratio. On a May 8 post on X, analysts at CryptoQuant noted that, based on this ratio, Ethereum is now at its most undervalued level relative to Bitcoin (BTC) since 2019.  ETH is now extremely undervalued compared to BTC, the first time since 2019.Historically, this led to Ethereum outperforming.However, supply pressure, weak demand, and flat activity could stall a rebound. pic.twitter.com/QqU2Xh3vo9— CryptoQuant.com (@cryptoquant_com) May 8, 2025 You might also like:Ethereum’s Pectra upgrade is a game changer, staking infrastructure firm P2P.org explains The MVRV ratio indicates whether an asset is overvalued or undervalued by comparing its market cap to its realized capitalization, or the average price at which tokens last moved. Currently, the ETH/BTC MVRV ratio has fallen into a historically low range of 0.4–0.8, levels last seen in 2019. In past cycles, such undervaluation zones preceded prolonged ETH outperformance against BTC, including in 2017, 2019, and 2021. Although the signal appears bullish on paper, macro and on-chain data indicate Ethereum might not be able to easily repeat its past. The current cycle is marked by stagnant network activity, rising token supply, and underperforming ETFs, all of which have a significant effect on ETH’s potential price.  Ethereum’s circulating supply recently hit an all-time high, reversing the previous deflationary trend. Lower mainnet fees and a decline in ETH burns have altered its supply dynamics since EIP-1559. Active addresses are also flat, and decentralized finance activity has leveled off. Even institutional flows appear muted, with major Ethereum ETFs like Grayscale’s ETHE seeing billions in outflows. Although the ETH/BTC MVRV appears to be flashing a bottom at the moment, it is unclear if this will signal another altseason led by Ethereum. Ethereum may require a fresh catalyst, such as the approval of staking in ETH ETFs or renewed DeFi interest, to sustain its momentum. Read more:Ethereum’s stablecoin market cap jumps 1m-fold since the first time ETH reached $1,4k