Global market defensiveness is pervasive, will ADP further sound the alarm tonight? Hedge funds are betting boldly that the yen will continue to fall, and the time for Japanese intervention is not yet ripe!
Cryptocurrency lobby group DeFi Education Fund has called on the U.S. Senate Banking Committee to reconsider its plans to regulate the decentralized financial industry after reviewing a discussion draft recently released by the committee on a major cryptocurrency market structure bill. The response, signed by representatives of DeFi Education Fund (DEF) members such as a16z Crypto, Uniswap Labs, and Paradigm, states that the Responsible Financial Innovation Act of 2025 (RFA) should be enacted in...
Slow Mist founder Cosine released a follow-up update to "Alby's custodial wallet balance was transferred by the platform", "Alby has too many routines, although the funds have been returned, the process of successfully withdrawing them is cumbersome (although I fully understand the mechanism of doing so), and finally the $191 fund was only successfully raised at $153, and more than $30 was worn out in the process."
According to an official announcement, Binance will upgrade the existing Money Manager Program to a Designated Account Program on May 20, 2025, introducing a new two-tier system that includes liquidity provider volume aggregation and shared market maker rates.
Victor Ji, co-founder of Manta Network, attacked crypto market makers in a social media post, calling them "blood-sucking borers". He said the team receives offers to buy and acquire coins from so-called active market makers and OTCs every day, but he believes the market makers "don't look at the fundamentals of the project at all" and just profit from the project community. Victor Ji believes that if more and more money in the industry...
Hong Kong plans to introduce tax exemptions for cryptocurrency gains from private equity funds, hedge funds, and high-net-worth investment vehicles.
On October 22nd, SMIC announced that the 50 component traded open-ended index securities investment fund of E Fund Shanghai Science and Technology Innovation Board reduced its holdings of the company's domestic stocks 1.2465 million shares. After the reduction, E Fund still holds the company's domestic stocks 99.2407 million shares, accounting for 4.99% of the company's total domestic share capital and 1.24% of the company's total share capital.
According to Dune data, only 2 wallet addresses bridged funds into ZKsync on September 3, worth 0.01 ETH, a significant decrease from the previous record. Previously, on August 17, 2023, the ZKsync network set a record of "5,618 wallet addresses bridged funds to ZKsync in a single day", with a bridge amount of 37,986 ETH. Yesterday, ZKsync development company Matter Labs announced that it will lay off 16% of its workforce, a total of 24 employees.
Hedge funds have turned bullish on the yen for the first time since 2021 after sharp swings in foreign exchange markets led to a surge in a popular yen trade. According to the latest data from the U.S. Commodity Futures Trading Commission (CFTC) for the week ended Aug. 13, leveraged funds held about $7 million worth of 86 contracts betting that the yen would appreciate, and speculators were generally bracing for a rise in the yen, marking a sharp shift from the extremely negative sentiment that ...
Hedge funds have turned bullish on the yen for the first time since 2021, after big swings in the foreign exchange market led to a surge in a popular yen trade. Leveraged funds hold about $7 million worth of 86 contracts betting that the yen will appreciate, according to the latest data from the U.S. Commodity Futures Trading Commission (CFTC) for the week ending Aug. 13, and speculators in general are bracing for a rise in the yen, marking a sharp shift from the extremely negative sentiment tra...