crypto拿铁

In the complex ecosystem of the cryptocurrency market, most assets are still exploring the boundaries of practical value, while XRP has anchored a clear positioning since its inception—focusing on efficient cross-border payments and settlements, becoming a key bridge connecting traditional finance and the digital economy. This clear value orientation has allowed it to maintain a unique competitive advantage amidst market fluctuations, making it a core choice for institutional applications.
The core advantage of XRP stems from its precise solution to the pain points of traditional cross-border payments. The traditional SWIFT system relies on multiple intermediaries and correspondent accounts, resulting in settlement cycles of 1-5 days, while incurring high intermediary fees and exchange rate losses, with trillions of dollars of global funds being idly occupied to maintain liquidity. In contrast, XRP, leveraging the native XRP Ledger (XRPL) technology, achieves instantaneous settlements in 3-5 seconds, with transaction costs at just a few cents, completely disrupting the efficiency bottleneck of traditional payments. Its innovative On-Demand Liquidity (ODL) mechanism is a revolutionary breakthrough: at the time of payment initiation, local fiat currency can be instantly converted into XRP as a bridging asset for cross-border transfer, which can then be quickly converted back to the target fiat currency at the receiving end, without the need to lock in funding reserves in advance, greatly unleashing capital vitality. Santander Bank has reduced the remittance time from Europe to Latin America from several days to minutes using the XRP corridor, and MoneyGram has optimized the U.S.-Mexico remittance corridor with the help of XRP, both demonstrating the commercial value of this technology.

The Russell 2000 index, as a benchmark for small-cap stocks, has shown significant positive correlation with cryptocurrencies, particularly Bitcoin and Ethereum, since 2021, with correlation coefficients reaching 0.72 and 0.70, respectively. Their price charts exhibit strong synchronization, both driven by shifts in risk appetite.

Historical K-line comparison
Russell 2000 rose from around $193 at the beginning of 2021 to about 2,500 points by 2026, rebounding after the 2022 bear market low. Bitcoin surged from around $29,000 to over $110,000 at its 2025 peak, stabilizing near $90,000 in January 2026; Ethereum followed a similar trend, rising from $730 to over $3,000. Both assets rose in sync during the 2021 bull market, plummeted in 2022, and recovered in 2024–2025, highlighting the联动 of high-risk assets.

作为2018年成立的金融专属Layer 1区块链，Dusk的核心竞争力在于精准锚定合规与隐私的金融赛道痛点，以模块化架构为骨架，将隐私保护与可审计性内置到底层设计，成为连接传统机构金融、合规DeFi与RWA代币化的关键基础设施，其设计逻辑与落地方向贴合加密行业向「监管友好+价值落地」转型的核心趋势。
一、赛道定位：直击金融区块链的核心矛盾，填补市场空白

加密金融发展至今，隐私保护与监管合规的失衡是制约传统机构入场、RWA规模化落地的核心问题：公链如以太坊的透明账本无法满足金融交易的隐私需求，而纯隐私公链又因缺乏可审计性被监管排斥，合规DeFi也因底层基础设施的限制难以实现机构级应用。
Dusk从成立之初便锁定合规+隐私的双重需求，聚焦金融基础设施这一垂直领域，区别于通用型Layer 1公链的泛场景布局，也与仅侧重隐私或合规的单一型项目形成差异。这种定位使其天然适配机构级金融应用、合规DeFi与RWA代币化三大场景——这也是当前加密行业与传统金融融合最核心、最具商业价值的赛道，精准的赛道选择让Dusk在Layer 1红海竞争中占据了差异化优势。
二、技术核心：模块化架构是实现多元金融需求的底层支撑
Dusk的模块化架构并非技术噱头，而是为金融场景的定制化需求、性能拓展与功能兼容设计的核心方案，其架构拆分实现了「各模块各司其职又协同联动」的效果：
1. 功能分层适配不同金融场景：Dusk将共识层（Dusk DS）、EVM合约执行层（Duske VM）、高隐私应用层（Dusk VM）分离，既支持基于Solidity的常规合规DeFi应用开发，又能通过Rust语言开发的高隐私模块满足机构级交易的机密性需求，同时共识层的Segregated Byzantine Agreement机制保障了金融交易所需的高确定性与低延迟。
2. 规避流动性碎片化：各模块共享同一网络与原生代币DUSK，解决了模块化公链常见的跨模块流动性割裂问题，这对金融应用的资金流转、资产交易至关重要，也是机构级应用落地的基础条件。
3. 技术可拓展性：模块化设计让Dusk可灵活集成新的合规与隐私技术，比如其集成零知识证明（ZKP）与同态加密实现「可审计的隐私」，又与Chainlink预言机合作补足RWA代币化的数据源需求，这种拓展性让其能持续适配不断变化的金融监管要求与技术标准。
三、设计亮点：内置隐私保护与可审计性，实现金融级平衡
对于金融基础设施而言，隐私与可审计性并非对立，而是缺一不可：隐私是金融交易的基本需求，可审计性是监管合规的核心要求，Dusk将二者内置到底层设计，而非通过上层应用补充，这是其区别于其他金融区块链的关键。
从技术实现来看，Dusk依托零知识证明实现交易数据的机密性（如隐藏交易金额、参与方身份），同时通过同态加密让监管机构与审计方可在不解密数据的前提下完成合规审查，这种「隐私保护下的可审计」模式，完美解决了传统金融机构对链上交易的核心顾虑。此外，其推出的零信任托管方案、与合规交易所NPEX的合作，进一步将技术层面的合规能力转化为商业落地的合规框架，让RWA代币化、机构级金融应用能在符合欧盟MiCA等监管规则的前提下运行。
四、行业价值与挑战
核心行业价值
1. 推动传统金融与加密金融的融合：Dusk为传统金融机构提供了「无需妥协隐私与合规」的链上基础设施，降低了机构入场加密市场的技术与监管成本，加速了股票、债券等现实资产的代币化进程。
2. 定义合规DeFi的底层标准：不同于部分DeFi项目的「事后合规」，Dusk从底层实现合规，为合规DeFi的发展树立了基础设施层面的标杆。
3. 丰富Layer 1公链的生态布局：在通用型Layer 1之外，验证了垂直领域Layer 1的商业价值，为区块链技术的落地提供了新的思路。
面临的挑战
1. 监管环境的不确定性：全球金融监管规则仍在不断完善，Dusk需持续适配不同地区的监管要求，其合规框架的通用性面临考验。
2. 机构合作的深度与广度：当前Dusk的机构合作主要集中在欧洲，需进一步拓展全球范围内的传统金融机构合作，才能实现基础设施的规模化落地。
3. 生态竞争的加剧：随着RWA与合规金融成为加密行业热点，越来越多的Layer 1公链开始布局金融赛道，Dusk需持续强化技术壁垒与生态优势，巩固其差异化定位。
总结
Dusk作为深耕合规与隐私的金融专属Layer 1区块链，其核心价值在于以模块化架构为基础，实现了隐私保护与可审计性的金融级平衡，精准切中了传统机构金融、合规DeFi与RWA代币化的底层需求。在加密行业从「去中心化创新」向「价值落地与监管融合」转型的背景下，Dusk的设计逻辑与落地方向具备极强的行业适配性，而其未来的发展核心，在于将技术优势转化为更广泛的机构合作与生态落地，真正成为连接传统金融与加密金融的核心基础设施。@Dusk
$DUSK
#dusk

Powell issued a formal statement on January 11, confirming that the Department of Justice had issued a grand jury subpoena.
Powell stated in a rare public statement that the investigation into his so-called "misleading testimony" is merely an "excuse" and is essentially political intimidation by the administration due to dissatisfaction with interest rate decisions. He warned that this would undermine the independence of the central bank.
Original statement by Powell:
"This new threat has nothing to do with my testimony from last June, nor with the renovation of the Federal Reserve building. This is not about Congress's oversight responsibilities; the Federal Reserve has made every effort to keep Congress informed about the renovation project through testimony and other public disclosures. These are all excuses.

Cross-market Liquidity and Asset Logic: Fundamental Insights from Precious Metals to Cryptocurrencies
As a professional in the cryptocurrency industry, I have always been accustomed to identifying development patterns and trend signals in the crypto sector by analyzing global macro markets and the interconnections among various assets. Recent performances in the precious metals market, unusual movements in the US stock market, and the recent dormancy of altcoins—seemingly independent market phenomena—are actually tightly linked by two main threads: liquidity and macroeconomic indicators. Core concepts such as silver demand, central bank gold purchases, and real interest rates are crucial to understanding cross-market asset fluctuations. Today, I will break down the underlying logic behind these phenomena from my professional perspective and clarify the meanings of related key terms.

When I recently reviewed the M2 money supply data from the St. Louis Fed (FRED), one thought kept running through my mind — the purchasing power of the US dollar is being gradually diluted by the Federal Reserve's policies. Looking at the chart showing M2 rising steadily since 1950, with a near-vertical spike in recent years, the data for November 2025 has already reached $22.3224 trillion. Combined with the Fed's latest policy announcement — a 25 basis point interest rate cut and a commitment to purchase $20 billion in short-term Treasury bonds monthly — as a cryptocurrency professional, I increasingly believe that cryptocurrencies like Bitcoin are no longer 'optional' but a 'must-have' in any asset allocation strategy.

January 10, Goldman Sachs analyst James Yaro led a team in a report stating that improved regulatory environment is the key driver behind institutional adoption of cryptocurrencies, especially for buy-side and sell-side financial institutions. The report mentions that the U.S. Market Structure Act is advancing in Congress and must be passed by the first half of 2026, otherwise the November midterm elections might delay the process. Jim Ferraioli, Director of Cryptocurrency Research and Strategy at Charles Schwab, said that after the sharp sell-off at the end of 2025, the pace of institutional adoption this year may slow down in the first half, but the passage of the Clear Act could accelerate institutional investor entry. Youwei Yang, Chief Economist at Bit Mining, predicts that Bitcoin's price could reach $225,000 in 2026, though macroeconomic and geopolitical uncertainties may intensify market volatility.#美国非农数据低于预期 #BTC走势分析

Today's outlook
According to PANews, the macro outlook for this week is as follows:
Monday 1:30, 2026 FOMC voting member and Minneapolis Fed President Kashkari will speak at the U.S. Economic Association meeting;
Tuesday 21:00, 2027 FOMC voting member and Richmond Fed President Barkin will speak;
Tuesday TBD, the 'Technology Spring Festival' 2026 Consumer Electronics Show (CES) will be held in Las Vegas from January 6-9;
Wednesday 21:15, U.S. December ADP employment numbers;
Thursday 20:30, U.S. December Challenger job cuts;
Thursday 21:30, initial unemployment claims in the U.S. for the week ending January 3, and October trade balance;

Market opinion for the afternoon of the 3rd.
$BTC Opinion:
The large pie broke through with volume at 90253; the hourly closing price is above 90253, consider going long on the right side, recover stop loss.
89999 volume drops below, unable to recover on the right side, watch for a short position; recover stop loss and pay attention to volume changes, ensure to set stop loss.
After a pullback to 89000, a false breakdown occurs; recover and go long one lot, set stop loss at either the low of the false breakdown or below 88061; if it can't recover, don't go long.
🍌
The large pie broke through and stabilized at 90279, looking up towards 90922-91591; after breaking 90279, it continues to rise.
When shorting the large pie, be cautious of the false breakout 2b above 91591; short one lot after breaking and stabilizing at 92786 for stop loss.

On December 28, Aave founder Stani Kulechov stated that the recent controversy arising from the DAO vote reflects the normal tension of decentralized governance and acknowledged the previous lack of communication in aligning the interests of Aave Labs with AAVE holders.
Stani said that Aave DAO's revenue this year has reached 140 million USD, exceeding the total of the past three years, and the related treasury funds are entirely controlled by AAVE holders. Regarding the discussion about spending 15 million USD to buy AAVE, Stani emphasized that the related tokens did not participate in the recent vote, and the purchase behavior stems from confidence in long-term development.
#山寨币

In the past three months, several of my friends from major companies have resigned and gone all in to enter the crypto space.
I have had in-depth discussions with them, and they all have their own considerations.
On one hand, after working in a major company for a few years, they have accumulated quite a bit of savings. They believe that even if they are just managing finances in the crypto space, it is better than continuing to work hard for others in a big company.
On the other hand, there are indeed friends who are well-established in the crypto workspace with many years of experience, which can be directly utilized, so they don’t have to start from scratch.
Although there hasn’t been any major market activity in the past few months, they feel that things are going well, transitioning from a tense work state to a work state where they can freely allocate their own time.

Besides working for others, there are at least sixteen ways to make money:
1. Arbitrage: Don't think being a middleman is old-fashioned. Where things are cheap and where they are sold expensively, just moving them around makes money. This is the oldest and most reliable logic.
2. Make money from traffic: Nowadays, everyone is glued to their phones, and that's an opportunity! Publish articles, shoot videos, and start live broadcasts to gather traffic. With traffic, you can sell goods, take ads, and earn commissions—traffic equals real money.
3. Make money from scarcity: Take stock of what you have that 'others do not': unique technology, exclusive connections, special channels; what others lack is your trump card, and you hold all the pricing power.

On December 27, according to on-chain detective ZachXBT, hundreds of users' funds in Trust Wallet were stolen, with losses amounting to at least 6 million dollars.
This morning, Trust Wallet officially released a security alert, confirming that the Trust Wallet browser extension version 2.68 has a security vulnerability. Users of version 2.68 should immediately disable the extension and upgrade to 2.69. Please upgrade via the official Chrome Web Store link.

Federal Reserve Repurchase: The Core Tool for Short-Term Liquidity Regulation
Federal Reserve repurchase (Repo) is a key open market operation for adjusting the liquidity of the banking system and stabilizing short-term interest rates. Essentially, it is a short-term mortgage loan where the Federal Reserve borrows funds from qualified financial institutions using high-quality assets such as Treasury bonds as collateral, with the core goal of maintaining the federal funds rate within the range set by the FOMC.
This tool forms a 'release and absorb' regulatory combination with reverse repurchase (RRP): repurchase operations directly increase bank reserves, injecting market liquidity and suppressing the rise of short-term interest rates; reverse repurchase recovers liquidity by selling assets, preventing interest rates from falling below the target lower limit, and the two work together to construct an interest rate corridor. The standing repurchase facility (SRF) established in 2021 is the core tool, and in December 2025 the Federal Reserve will remove its daily total cap of $500 billion, adopting a full allocation framework with a single transaction limit of $40 billion, further enhancing the flexibility and precision of liquidity regulation.

U card chaos: The carnival and collapse of virtual currency payments
In the winter of 2025, the overwhelming promotional advertisements for U cards on social media gradually quieted down. This tool, referred to as the 'crypto payment card' in the cryptocurrency circle, once attracted tens of thousands of domestic users with gimmicks like 'USDT recharge and consumption' and 'freedom of cross-border payments'. However, as leading platforms such as OneKey and Infini successively ceased operations, risks such as fraud, theft, and inability to withdraw funds erupted, compounded by the continuous tightening of domestic regulatory policies. The festive development of U cards ultimately collapsed under the dual pressures of compliance and security.