ChainCatcher 消息，据 CNBC 报道，最新分析指出目前比特币财库公司 Strategy 股价仍处于低位，比特币溢价指标也在下降，明年 1 月 MSCI 指数是否会剔除 Strategy 的关键决策即将到来。在这样的背景下，Strategy 战略正在撰写“防御模式”，他们近期已建立约 22 亿美元的现金缓冲以应对比特币押注的考验，这笔资金预计将用于支付优先股股息和债务利息而不是购买更多比特币。

<p>ChainCatcher 消息，据 CNBC 报道，最新分析指出目前比特币财库公司 Strategy 股价仍处于低位，比特币溢价指标也在下降，明年 1 月 MSCI 指数是否会剔除 Strategy 的关键决策即将到来。在这样的背景下，Strategy 战略正在撰写“防御模式”，他们近期已建立约 22 亿美元的现金缓冲以应对比特币押注的考验，这笔资金预计将用于支付优先股股息和债务利息而不是购买更多比特币。</p>

分析：Strategy 募资将优先支付股息和债务利息而非购买更多 BTC，战略转向防御模式

According to ChainCatcher, citing CNBC, the latest analysis indicates that Strategy's stock price remains low, and the Bitcoin premium is declining. The crucial decision regarding whether MSCI will remove Strategy from its index in January is looming. Against this backdrop, Strategy is adopting a "defensive mode," having recently built a cash buffer of approximately $2.2 billion to withstand the test of Bitcoin betting. This capital is expected to be used to pay preferred stock dividends and debt interest rather than to purchase more Bitcoin.

<p>According to a CNBC report, ChainCatcher reports that Strategy&amp;&#39;s stock price remains low, and the Bitcoin premium is declining. The crucial decision regarding whether Strategy&amp; will be removed from the MSCI index in January is looming. Against this backdrop, Strategy&amp; is adopting a &quot;defensive mode,&quot; having recently built a cash buffer of approximately $2.2 billion to withstand the test of Bitcoin betting. This funding is expected to be used to pay preferred stock dividends and debt interest rather than to purchase more Bitcoin.</p>

Analysis: Strategy's fundraising will prioritize paying dividends and debt interest rather than purchasing more BTC, indicating a strategic shift towards a defensive approach.

The FLOW Token recently experienced a severe flash crash, once again sending the cryptocurrency market into turmoil as its price plummeted by over 42% in a very short period, causing a massive loss of market Capital ...

The price of the FLOW Token unexpectedly plummeted for no apparent reason.

The recent market has been truly stagnant, with frequent fluctuations and erratic price swings, effectively eroding liquidity and leaving no clear direction.

Let's summarize what the top analysts are saying: During this period, resting is better than frequent trading. Maintaining your understanding is key; inaction is the best strategy.

Current Market Situation: High-Level Consolidation and "Washout"

- Current Market Situation: BTC is currently consolidating in the 85k-90k range, characterized by frequent "V-shaped" price swings (rapid up-and-down V-shaped reversals). Essentially, this is the main players clearing out high-leverage contracts and reaping profits from short-term traders.

- Supply and Demand Structure: Sellers are showing strength...

Market Overview | BTC

Are prediction markets simply well-packaged gambling, or a revolutionary innovation?

The debate seems to have strayed from the core issue.

This article, originally written by @0xJeff and translated and personally interpreted by @anymose, retains only the general meaning; for the original flavor, please refer to the original text.

01 When Risk is Packaged as Entertainment
The US is sliding into the abyss of "hyper-gambling": The market is flooded with sports betting apps optimized for teenagers, one-click prediction markets, and even absurd apps that use coin tosses to decide whether to double rent… Risk is blatantly packaged as entertainment, a sad reality.

Gambling has existed since ancient times:...