Glassnode：比特币愈显宏观资产属性，随风险偏好上涨、随市场压力下跌
2025-06-25 08:54
Glassnode 在 X 平台发文表示，「2022 年以来，比特币相对于全球流动性（GLI）和股票市场（如 SPY/QQQ）的贝塔值持续上升，而其对信用压力（高收益债券利差 HY OAS）的贝塔则变得更加负相关。这表明 BTC 越来越像一个宏观资产：在风险偏好上升时上涨，在市场压力加剧时下跌。」(BlockBeats)
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Glassnode 在 X 平台发文表示，「2022 年以来，比特币相对于全球流动性（GLI）和股票市场（如 SPY/QQQ）的贝塔值持续上升，而其对信用压力（高收益债券利差 HY OAS）的贝塔则变得更加负相关。这表明 BTC 越来越像一个宏观资产：在风险偏好上升时上涨，在市场压力加剧时下跌。」(BlockBeats)
According to Foresight News, zkLend officially announced on X platform that the team will gradually shut down the operation of the project. The team stated that recent security vulnerabilities have seriously affected user confidence, and the ZEND token has been delisted from major exchanges, resulting in limited liquidity and availability. The team has decided to use the remaining $200000 to support the compensation fund for affected users and will continue to track down the stolen funds. Meanwhile, zkLend will open source its audited code for further development by interested parties.
Odaily Planet Daily News: zkLend announced on X platform that it will shut down its service, stating that the vulnerabilities it has suffered in recent months have seriously damaged user confidence. In addition, mainstream exchanges such as Bybit and KuCoin have recently taken down ZEND, further limiting the liquidity and accessibility of tokens. This block severely restricts the ability to effectively allocate new projects. Given these circumstances, zkLend will use the remaining treasury funds ($200000) to support affected users through a recovery fund, which is a more responsible and meaningful way of resource utilization than restarting our money market and continuing to develop. Support our community during this process: 1. DeFi Spring、 The recovery and kSTRK portal will remain active, and users can access and cancel staking or claiming. 2. We will continue to collaborate with zeroShadow and leverage their expertise in tracking lost funds. Any recovered funds will be directly used for user recovery funds. 3. We will open source the reviewed and updated code repository for further development by any interested parties. This will be released in the coming weeks.
US Commerce Secretary Howard Lutnick stated in an article on X that Federal Reserve Chairman Powell stated during congressional testimony that although tariffs may push up inflation, there has been no related price increase in the past two and a half months, and the overall inflation situation is relatively positive. Lutnick pointed out that the current monthly tariff revenue in the United States exceeds $30 billion, which helps to reduce the deficit. He called on the Federal Reserve to cut interest rates as soon as possible to reduce borrowing costs and promote economic development.
Odaily Planet Daily News: US Secretary of Commerce Lutnik in X The platform posted, "I just listened to the testimony of Federal Reserve Chairman Jerome Powell again. He specifically pointed out that tariff increases may exacerbate inflation, as if he has witnessed inflation firsthand. But in fact, he testified that in the past two and a half months, this inflationary price increase has not occurred, and the inflation rate is zero, which is why President Trump called Powell a failure. Because Powell would rather ignore tariff revenue and keep US interest rates at the world's highest level (for a first-class country), because he is afraid of taking action. For every 1% cut in interest rates, the United States can save hundreds of billions of dollars in interest expenses. Powell should help the economy grow while reducing the deficit. Inflation doesn't exist at all, he just proved it
According to BlockBeats, on June 25th, the cryptocurrency working group under the US Securities and Exchange Commission (SEC) recently met with senior executives of the New York Stock Exchange (NYSE) to have in-depth discussions on the regulatory framework for the integration of cryptocurrency assets with traditional capital markets. This meeting covers multiple key topics: 1. The regulatory path of tokenized stocks - exploring how to "put traditional stocks on the chain" and improve settlement efficiency; 2. General standards for listing spot encrypted asset ETFs - promoting the compliance of mainstream encrypted products such as BTC and ETH into exchanges; 3. Establish a fair competition mechanism - eliminate the unequal regulatory environment between centralized platforms and grey channels. BiyaPay analyst opinion: Regulatory authorities are sending strong signals that cryptocurrency assets will further connect with the US stock market in the future. This means that the path of investing in US stocks using USDT will be more compliant and liquid, and ordinary investors can also enjoy investment opportunities across assets and markets. By using BiyaPay, you can enter a new investment era of "US stocks+encryption" in one step: BiyaPay supports USDT trading of US and Hong Kong stocks, and you can buy popular US stocks and ETFs in real time without opening an offshore account.