invisible

Coinbilly, an early team member of Invisible Friends, announced that he has fully acquired the brand, covering smart contracts, intellectual property, remaining inventory, and After Effects files. He stated that he began working with the brand five years ago and has been pushing for the acquisition for more than the past two years, involving communication with multiple lawyers. The original artist, Markus Magnusson, created the initial artwork but will not participate in the subsequent operations.According to his review, Invisible Friends consists of 5,000 invisible characters that walk in a loop, with the audience only able to see the characters' clothing or the items they hold. In November 2021, the project released a teaser, with the early team consisting of Coinbilly, James Curran, and developer Mikker. On February 23, 2022, a charity auction raised $1.3 million and was distributed to 13 charities; subsequently, the public minting floor price was set at 12 ETH, approximately $30,000 at the time, with a trading volume of about 10,000 to 15,000 ETH before the reveal. The project also collaborated with Shopify, Snapchat, Sotheby's, and Kith.Coinbilly stated that the focus moving forward will be on physical products, character animations, experimental digital content, and brand collaborations, aiming to introduce the brand to users who have never encountered NFTs. Holders will receive priority benefits, and he plans to soon launch a commemorative open version for holders for free. He also mentioned that he will answer questions on Discord and X, and will livestream an explanation on Twitch at 1 PM Eastern Time the following afternoon.

Y Combinator co-founder Paul Graham stated that publishing content on websites with paywalls is equivalent to making it "invisible."He mentioned that if AI cannot crawl the relevant content, then that content does not exist in any practical sense.

According to official social media news, the decentralized contract trading platform SunX will hold a themed live broadcast today at 20:00 (UTC+8) titled "CRS 2.0: Will Crypto Assets No Longer Be Invisible? Is the Era of Crypto Tax Exemption Completely Over?" At that time, crypto KOLs such as Mike Banana, 7w, Amber, and Lao Tie will be invited to attend and discuss the disclosure of crypto asset information under the CRS 2.0 framework, trends in cross-border tax compliance, and their potential impact on crypto trading platforms and investor behavior.

Coinbase Institutional posted on social media that the Federal Reserve's announcement of a 25 basis point rate cut this week aligns with market expectations, but its plan to implement Treasury reserve management purchases within the next 30 days can at least be seen as a positive signal.Here are the specific arrangements for the plan:Initial operation scale: $40 billionStart date: December 12.This liquidity injection comes earlier than expected, and reserve growth may continue until April 2026. We believe that the Federal Reserve's shift from balance sheet reduction to net injection can be viewed as "mild quantitative easing" or "stealth QE," which may provide support to the cryptocurrency market. Considering the reserve management purchase plan along with the federal funds futures market's expectation of two more rate cuts (a total of 50 basis points) before the first nine months of 2026, the policy environment may be more accommodative than anticipated.

BitMEX founder Arthur Hayes published a lengthy article stating that the operations of the U.S. Treasury and the Federal Reserve are brewing a "Stealth QE," which could become a core catalyst for a new round of increases in Bitcoin and the cryptocurrency market. Currently, U.S. government spending continues to expand, and political incentives determine that they are more inclined to issue debt rather than raise taxes.Foreign central banks are more inclined to buy gold rather than U.S. Treasuries due to the risk of having their dollar assets seized after the Russia-Ukraine war. The U.S. personal savings rate is insufficient to support the issuance of government bonds, while the four major commercial banks have only absorbed a small portion of the new debt. "Relative Value (RV) hedge funds" have become marginal buyers of U.S. Treasuries, primarily financing their purchases through repurchase agreements (repo).The U.S. Treasury is expected to issue about $2 trillion in new debt each year to cover the deficit. When market liquidity tightens and SOFR (Secured Overnight Financing Rate) exceeds the federal funds upper limit, the Federal Reserve injects cash directly into the market through the Standing Repo Facility (SRF). This is equivalent to "de facto QE": printing money → lending → supporting the Treasury market.As the usage of the SRF increases, global dollar liquidity rises, and the actual effect is equivalent to QE. Hayes predicts that this will reignite the bull market cycle for Bitcoin and the cryptocurrency market. "Whenever the Federal Reserve expands its balance sheet, BTC goes up." Currently, during the U.S. government shutdown and Treasury auctions, liquidity is tightening in the short term, putting pressure on the cryptocurrency market.Hayes advises investors to "preserve capital and wait for the opportunity," stating that the market will experience a strong rebound after the "Stealth QE" is initiated.