Asia Morning Briefing: \u0110\u00f2n B\u1ea9y Crypto T\u0103ng V\u1ecdt B\u00e1o Hi\u1ec7u C\u0103ng Th\u1eb3ng, Galaxy Digital C\u1ea3nh B\u00e1o<\/p>\n
Galaxy Digital ghi nh\u1eadn s\u1ef1 tr\u1edf l\u1ea1i m\u1ea1nh m\u1ebd c\u1ee7a c\u00e1c v\u1ecb th\u1ebf \u0111\u00f2n b\u1ea9y tr\u00ean th\u1ecb tr\u01b0\u1eddng ti\u1ec1n m\u00e3 h\u00f3a, \u0111\u1eb7c bi\u1ec7t t\u1eadp trung v\u00e0o s\u1ef1 bi\u1ebfn \u0111\u1ed9ng g\u1ea7n \u0111\u00e2y c\u1ee7a Bitcoin. Galaxy Digital nh\u1ea5n m\u1ea1nh m\u1ee9c \u0111\u00f2n b\u1ea9y \u0111\u00e3 \u0111\u1ea1t l\u1ea1i \u0111\u1ec9nh cao nh\u01b0 th\u1eddi k\u1ef3 th\u1ecb tr\u01b0\u1eddng t\u0103ng gi\u00e1, g\u1ee3i nh\u1edb c\u00e1c giai \u0111o\u1ea1n tr\u01b0\u1edbc c\u00e1c \u0111\u1ee3t gi\u1ea3m s\u00e2u. C\u00f4ng ty l\u01b0u \u00fd c\u00e1c kho\u1ea3n vay c\u00f3 t\u00e0i s\u1ea3n th\u1ebf ch\u1ea5p b\u1eb1ng crypto \u0111\u00e3 t\u0103ng 27% trong qu\u00fd v\u1eeba r\u1ed3i, hi\u1ec7n \u0111\u1ea1t 53,1 t\u1ef7 USD \u2013 m\u1ee9c cao ch\u01b0a t\u1eebng th\u1ea5y k\u1ec3 t\u1eeb \u0111\u1ea7u n\u0103m 2022. V\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb l\u1edbn, c\u1ea3nh b\u00e1o c\u1ee7a Galaxy Digital c\u00e0ng c\u00f3 \u00fd ngh\u0129a khi thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng \u0111ang mong manh v\u00e0 kh\u1ea9u v\u1ecb r\u1ee7i ro cao th\u00fac \u0111\u1ea9y bi\u1ebfn \u0111\u1ed9ng.<\/p>\n
– Gi\u00e1 Bitcoin gi\u1ea3m m\u1ea1nh \u2013 t\u1eeb 124.000 USD xu\u1ed1ng m\u1ee9c th\u1ea5p 118.000 USD \u2013 \u0111\u00e3 k\u00edch ho\u1ea1t h\u01a1n 1 t\u1ef7 USD b\u1ecb thanh l\u00fd. Galaxy Digital nh\u1eadn \u0111\u1ecbnh \u0111\u00e2y l\u00e0 \u0111\u1ee3t \u201cqu\u00e9t\u201d v\u1ecb th\u1ebf long l\u1edbn nh\u1ea5t k\u1ec3 t\u1eeb \u0111\u1ea7u th\u00e1ng 8, minh ch\u1ee9ng \u0111\u00f2n b\u1ea9y t\u0103ng nhanh \u0111ang khu\u1ebfch \u0111\u1ea1i c\u1ea3 kh\u1ea3 n\u0103ng t\u0103ng l\u1eabn r\u1ee7i ro gi\u1ea3m.
\n– Galaxy Digital ch\u1ec9 ra nh\u1eefng \u0111i\u1ec3m c\u0103ng th\u1eb3ng nh\u01b0 chi ph\u00ed vay USDC t\u0103ng v\u00e0 s\u1ef1 l\u1ec7ch pha thanh kho\u1ea3n gi\u1eefa th\u1ecb tr\u01b0\u1eddng on-chain v\u1edbi off-chain \u0111\u1ed3ng USD, \u0111\u1ec3 l\u1ed9 nh\u1eefng r\u1ee7i ro h\u1ec7 th\u1ed1ng m\u00e0 c\u00e1c b\u00ean tham gia c\u1ea7n theo d\u00f5i s\u00e1t sao.
\n– Chi\u1ebfn l\u01b0\u1ee3c cho nh\u00e0 \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb l\u1edbn l\u00e0 ch\u00fa t\u00e2m \u0111\u1ebfn ph\u00e2n t\u00edch d\u00f2ng ph\u00e1i sinh c\u1ee7a Galaxy Digital, v\u1eeba xem x\u00e9t th\u1eddi \u0111i\u1ec3m ch\u1ed1t l\u1eddi, v\u1eeba nh\u00ecn nh\u1eadn c\u00e1c y\u1ebfu t\u1ed1 c\u0103ng th\u1eb3ng c\u1ea5u tr\u00fac \u0111\u1ec3 \u0111i\u1ec1u ch\u1ec9nh danh m\u1ee5c v\u00e0 chi\u1ebfn l\u01b0\u1ee3c ph\u00f2ng h\u1ed9 linh ho\u1ea1t.<\/p>\n
Vi\u1ec7c h\u1ec7 th\u1ed1ng h\u00f3a \u0111\u00f2n b\u1ea9y t\u0103ng l\u00ean ph\u1ea3n \u00e1nh kh\u1ea9u v\u1ecb r\u1ee7i ro tr\u1edf l\u1ea1i, Galaxy Digital v\u00e0 c\u00e1c chuy\u00ean gia \u00fd ki\u1ebfn. D\u00f9 \u0111i\u1ec1u n\u00e0y gi\u00fap giao d\u1ecbch s\u00f4i \u0111\u1ed9ng h\u01a1n ng\u1eafn h\u1ea1n, n\u00f3 c\u0169ng khi\u1ebfn danh m\u1ee5c \u0111\u1ea7u t\u01b0 \u0111\u1ed1i m\u1eb7t v\u1edbi bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh. \u0110\u1ee3t \u0111i\u1ec1u ch\u1ec9nh g\u1ea7n nh\u1ea5t, theo Galaxy Digital, l\u00e0 ho\u1ea1t \u0111\u1ed9ng ch\u1ed1t l\u1eddi thay v\u00ec \u0111\u1ea3o chi\u1ec1u xu th\u1ebf, nh\u01b0ng v\u1eabn cho th\u1ea5y s\u1ef1 mong manh \u1edf th\u1ecb tr\u01b0\u1eddng.<\/p>\n
Galaxy Digital: H\u1ec7 L\u1ee5y Chi\u1ebfn L\u01b0\u1ee3c Khi \u0110\u00f2n B\u1ea9y T\u0103ng Cao<\/p>\n
Galaxy Digital nh\u00ecn nh\u1eadn s\u1ef1 m\u1edf r\u1ed9ng \u0111\u00f2n b\u1ea9y \u0111ang l\u00e0 \u201ccon dao hai l\u01b0\u1ee1i\u201d. Nhu c\u1ea7u vay t\u0103ng m\u1ea1nh trong m\u1ea3ng t\u00e0i ch\u00ednh phi t\u1eadp trung (DeFi) khi\u1ebfn v\u1ed1n t\u01b0 nh\u00e2n \u0111\u1ed1i m\u1eb7t v\u1edbi r\u1ee7i ro l\u1edbn h\u01a1n. Nh\u00e0 \u0111\u1ea7u t\u01b0, \u0111\u1eb7c bi\u1ec7t l\u00e0 ng\u01b0\u1eddi tham gia c\u00e1c kho\u1ea3n vay c\u00f3 t\u00e0i s\u1ea3n th\u1ebf ch\u1ea5p crypto, c\u00f3 th\u1ec3 g\u1eb7p ph\u1ea3i c\u00e1c bi\u1ebfn \u0111\u1ed9ng thanh kho\u1ea3n c\u0169ng nh\u01b0 c\u00e1c \u0111\u1ee3t thanh l\u00fd b\u1eaft bu\u1ed9c kh\u00f3 l\u01b0\u1eddng, nh\u1ea5t l\u00e0 khi bi\u1ebfn \u0111\u1ed9ng gi\u00e1 x\u1ea3y ra \u0111\u1ed3ng th\u1eddi v\u1edbi \u0111\u00f2n b\u1ea9y cao.<\/p>\n
– Xu h\u01b0\u1edbng DeFi: Galaxy Digital nh\u1ea5n m\u1ea1nh nhu c\u1ea7u m\u1ea1nh v\u1edbi c\u00e1c n\u1ec1n t\u1ea3ng cho vay, v\u1ed1n tr\u1edf th\u00e0nh tr\u1ecdng t\u00e2m c\u1ee7a qu\u1ea3n tr\u1ecb thanh kho\u1ea3n c\u1ee7a t\u1ed5 ch\u1ee9c. Khi ho\u1ea1t \u0111\u1ed9ng cho vay crypto t\u0103ng h\u01a1n 25% ch\u1ec9 trong 1 qu\u00fd, Galaxy Digital khuy\u1ebfn ngh\u1ecb c\u00e1c qu\u1ea3n l\u00fd danh m\u1ee5c c\u1ea7n \u0111\u01b0a v\u00e0o m\u00f4 h\u00ecnh ki\u1ec3m tra s\u1ee9c \u00e9p v\u00e0 margin \u0111\u1ed9ng.
\n– Qu\u1ea3n tr\u1ecb r\u1ee7i ro: Galaxy Digital \u0111\u1ec1 cao s\u1ef1 chu\u1ea9n b\u1ecb cho c\u00e1c \u0111\u1ee3t thanh l\u00fd nhanh khi th\u1ecb tr\u01b0\u1eddng x\u1ea5u, kh\u00f4ng ch\u1ec9 d\u1eebng \u1edf ng\u01b0\u1ee1ng c\u1eaft l\u1ed7 truy\u1ec1n th\u1ed1ng m\u00e0 c\u00f2n s\u1eed d\u1ee5ng ph\u00e1i sinh ph\u00f2ng ng\u1eeba r\u1ee7i ro c\u1ef1c \u0111oan, d\u1ef1 ph\u00f2ng d\u00f2ng ti\u1ec1n m\u1eb7t.
\n– L\u1ec7ch pha thanh kho\u1ea3n gi\u1eefa c\u00e1c th\u1ecb tr\u01b0\u1eddng \u201cpseudo-dollar\u201d on-chain v\u00e0 c\u00e1c qu\u1ef9 USD truy\u1ec1n th\u1ed1ng off-chain c\u00f3 th\u1ec3 tr\u1edf th\u00e0nh \u0111i\u1ec3m n\u00f3ng \u0111\u1ed1i v\u1edbi c\u00e1c danh m\u1ee5c t\u1ed5 ch\u1ee9c. Galaxy Digital khuy\u1ebfn ngh\u1ecb gi\u00e1m s\u00e1t s\u00e1t c\u00e1c bi\u1ebfn \u0111\u1ed9ng ch\u00eanh l\u1ec7ch th\u1ecb tr\u01b0\u1eddng v\u00e0 r\u1ee7i ro \u0111\u1ed1i t\u00e1c.<\/p>\n
C\u00e1c qu\u1ea3n l\u00fd danh m\u1ee5c n\u00ean quan t\u00e2m nh\u1eadn \u0111\u1ecbnh c\u1ee7a Galaxy Digital v\u1ec1 chu k\u1ef3 b\u00e1n th\u00e1o v\u1eeba qua: kh\u00f4ng ph\u1ea3i \u0111\u1ea3o chi\u1ec1u to\u00e0n di\u1ec7n nh\u01b0ng \u0111\u00f2n b\u1ea9y cao ti\u1ebfp t\u1ee5c l\u00e0 ch\u1ea5t x\u00fac t\u00e1c cho c\u00e1c \u0111\u1ee3t b\u00e1n th\u00e1o \u0111\u1ed9t ng\u1ed9t. \u0110\u00e2y l\u00e0 chu k\u1ef3 c\u1ea7n \u1ea3nh h\u01b0\u1edfng kh\u00f4ng ch\u1ec9 t\u1edbi chi\u1ebfn l\u01b0\u1ee3c v\u00e0o\/ra m\u00e0 c\u00f2n c\u1ea3 c\u00e1ch b\u1ea3o to\u00e0n v\u1ed1n.<\/p>\n
B\u1ed1i C\u1ea3nh V\u0129 M\u00f4: L\u00e3i su\u1ea5t, L\u1ea1m ph\u00e1t v\u00e0 \u00c1p l\u1ef1c Crypto<\/p>\n
Di\u1ec5n bi\u1ebfn v\u0129 m\u00f4 m\u1edbi \u0111\u00e2y \u0111\u00e3 t\u1ea1o th\u00eam \u00e1p l\u1ef1c l\u00ean h\u1ec7 sinh th\u00e1i crypto, l\u00e0m cho c\u1ea3nh b\u00e1o t\u1eeb Galaxy Digital c\u00e0ng n\u1ed5i b\u1eadt. D\u1eef li\u1ec7u l\u1ea1m ph\u00e1t n\u00f3ng h\u01a1n d\u1ef1 ki\u1ebfn \u0111\u00e3 khi\u1ebfn t\u00e2m l\u00fd nh\u00e0 \u0111\u1ea7u t\u01b0 th\u1eadn tr\u1ecdng h\u01a1n, b\u00e1o hi\u1ec7u nguy c\u01a1 tr\u00ec ho\u00e3n ho\u1eb7c gi\u1ea3m \u0111\u1ed9ng th\u00e1i h\u1ea1 l\u00e3i su\u1ea5t c\u1ee7a Fed. Galaxy Digital v\u00e0 c\u00e1c quan s\u00e1t vi\u00ean th\u1ecb tr\u01b0\u1eddng g\u1eafn s\u1ef1 \u0111\u1ea3o chi\u1ec1u n\u00e0y v\u1edbi vi\u1ec7c Bitcoin gi\u1ea3m d\u01b0\u1edbi 117.000 USD, sau \u0111\u1ec9nh l\u1ecbch s\u1eed tr\u00ean 124.000 USD.<\/p>\n
– C\u00e1c qu\u1ea3n l\u00fd danh m\u1ee5c c\u1ea7n t\u00ednh \u0111\u1ebfn h\u1ec7 qu\u1ea3 c\u1ee7a vi\u1ec7c n\u1edbi l\u1ecfng ti\u1ec1n t\u1ec7 ch\u1eadm l\u1ea1i, \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 h\u1ea1n ch\u1ebf d\u00f2ng v\u1ed1n v\u00e0o c\u00e1c t\u00e0i s\u1ea3n r\u1ee7i ro, bao g\u1ed3m crypto.
\n– L\u1ea1m ph\u00e1t d\u1ecbch v\u1ee5 t\u0103ng t\u1ed1c, \u0111\u01b0\u1ee3c ghi nh\u1eadn b\u1edfi c\u1ea3 CPI th\u00e1ng 7 v\u00e0 \u201cSupercore\u201d CPI, t\u1ea1o th\u00eam r\u00e0o c\u1ea3n. Galaxy Digital d\u1ef1 b\u00e1o l\u1ea1m ph\u00e1t dai d\u1eb3ng s\u1ebd l\u00e0m c\u0103ng th\u1eb3ng th\u1ecb tr\u01b0\u1eddng, t\u1ea1o kh\u00f3 kh\u0103n cho c\u00e1c v\u1ecb th\u1ebf \u0111\u00f2n b\u1ea9y.
\n– Kh\u00e1ch h\u00e0ng gi\u00e1 tr\u1ecb l\u1edbn n\u00ean ch\u1ee7 \u0111\u1ed9ng ph\u00f2ng ng\u1eeba r\u1ee7i ro do ch\u00ednh s\u00e1ch, nh\u01b0 Galaxy Digital g\u1ee3i \u00fd: c\u00e2n nh\u1eafc danh m\u1ee5c ng\u1eafn h\u1ea1n v\u00e0 chi\u1ebfn l\u01b0\u1ee3c qu\u1ea3n tr\u1ecb ti\u1ec1n m\u1eb7t linh ho\u1ea1t.<\/p>\n
V\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 chuy\u00ean nghi\u1ec7p, ph\u00e2n t\u00edch v\u0129 m\u00f4 c\u1ee7a Galaxy Digital l\u00e0m n\u1ed5i b\u1eadt nhu c\u1ea7u v\u1ec1 g\u00f3c nh\u00ecn to\u00e0n c\u1ea7u. Khi ch\u00ednh s\u00e1ch Fed dao \u0111\u1ed9ng, d\u00f2ng v\u1ed1n s\u1ebd d\u1ecbch chuy\u1ec3n linh ho\u1ea1t, t\u00e1c \u0111\u1ed9ng t\u1edbi Bitcoin v\u00e0 to\u00e0n b\u1ed9 c\u00e1c t\u00e0i s\u1ea3n \u0111\u00f2n b\u1ea9y s\u1ed1.<\/p>\n
Chi\u1ebfn L\u01b0\u1ee3c Cho C\u00e1c B\u00ean Tham Gia: \u1ee8ng Ph\u00f3 V\u1edbi \u0110\u00f2n B\u1ea9y Trong Th\u1ecb Tr\u01b0\u1eddng Bi\u1ebfn \u0110\u1ed9ng<\/p>\n
Kh\u00e1ch h\u00e0ng gi\u00e1 tr\u1ecb l\u1edbn \u0111\u01b0\u1ee3c Galaxy Digital t\u01b0 v\u1ea5n r\u00f5 r\u00e0ng v\u1ec1 c\u00e1ch ti\u1ebfp c\u1eadn chi\u1ebfn thu\u1eadt v\u00e0 chi\u1ebfn l\u01b0\u1ee3c trong m\u00f4i tr\u01b0\u1eddng \u0111\u00f2n b\u1ea9y cao. Galaxy Digital l\u1ea5y b\u00e0i h\u1ecdc t\u1eeb c\u00e1c \u0111\u1ee3t thanh l\u00fd g\u1ea7n \u0111\u00e2y \u0111\u1ec3 nh\u1ea5n m\u1ea1nh t\u1ea7m quan tr\u1ecdng c\u1ee7a h\u1ec7 th\u1ed1ng qu\u1ea3n tr\u1ecb r\u1ee7i ro nhi\u1ec1u l\u1edbp v\u00e0 ph\u00e2n t\u00edch k\u1ecbch b\u1ea3n li\u00ean t\u1ee5c.<\/p>\n
– Ph\u00e2n b\u1ed5 chi\u1ebfn thu\u1eadt: Galaxy Digital khuy\u1ebfn ngh\u1ecb linh ho\u1ea1t c\u00e2n \u0111\u1ed1i r\u1ee7i ro tr\u00ean danh m\u1ee5c crypto, l\u1ef1a ch\u1ecdn \u0111i\u1ec3m v\u00e0o n\u01a1i c\u00f3 h\u1ed7 tr\u1ee3 c\u1ea5u tr\u00fac t\u1ed1t nh\u1ea5t v\u00e0 nguy c\u01a1 \u0111\u00f2n b\u1ea9y ch\u00e2m ng\u00f2i b\u00e1n th\u00e1o d\u00e2y chuy\u1ec1n th\u1ea5p. S\u1ef1 linh \u0111\u1ed9ng trong ph\u00e2n b\u1ed5 \u2013 c\u1ea3 \u1edf m\u1ee9c danh m\u1ee5c l\u1eabn t\u1eebng giao d\u1ecbch \u2013 l\u00e0 y\u1ebfu t\u1ed1 ch\u00ednh.
\n– Ph\u00e1i sinh b\u1ed5 sung: Galaxy Digital \u0111\u1ec1 xu\u1ea5t s\u1eed d\u1ee5ng ph\u00e1i sinh tr\u1ef1c ti\u1ebfp tr\u00ean Bitcoin v\u00e0 c\u00e1c token l\u1edbn, t\u0103ng \u0111\u1ed9 ch\u1ee7 \u0111\u1ed9ng khi \u0111\u1ed1i ph\u00f3 c\u00e1c c\u00fa bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh trong c\u1ea5u tr\u00fac th\u1ecb tr\u01b0\u1eddng.
\n– K\u1ebf ho\u1ea1ch thanh kho\u1ea3n: Galaxy Digital nh\u1ea5n m\u1ea1nh vi\u1ec7c chu\u1ea9n b\u1ecb cho nh\u1eefng bi\u1ebfn \u0111\u1ed9ng nhanh, khuy\u1ebfn ngh\u1ecb kh\u00e1ch h\u00e0ng x\u00e2y d\u1ef1ng s\u1eb5n k\u1ebf ho\u1ea1ch gi\u1ea3m r\u1ee7i ro v\u00e0 c\u00e2n b\u1eb1ng danh m\u1ee5c khi c\u0103ng th\u1eb3ng t\u0103ng t\u1ed1c.<\/p>\n
C\u00e1c nh\u00e0 qu\u1ea3n l\u00fd v\u1ed1n t\u01b0 nh\u00e2n, v\u0103n ph\u00f2ng gia \u0111\u00ecnh n\u00ean \u00e1p d\u1ee5ng nh\u1eadn \u0111\u1ecbnh c\u1ee7a Galaxy Digital, t\u1ed1i \u01b0u ph\u00e2n b\u1ed5 danh m\u1ee5c theo m\u00f4 h\u00ecnh module, li\u00ean t\u1ee5c c\u1eadp nh\u1eadt d\u1eef li\u1ec7u th\u1ecb tr\u01b0\u1eddng, \u0111\u1ed9ng th\u00e1i cho vay.<\/p>\n
Th\u1ecb Tr\u01b0\u1eddng Ph\u00e1i Sinh: Ph\u00e2n T\u00edch Thanh L\u00fd c\u1ee7a Galaxy Digital<\/p>\n
Ph\u00e2n t\u00edch d\u00f2ng ph\u00e1i sinh c\u1ee7a Galaxy Digital l\u00e0m r\u00f5 c\u00e1c y\u1ebfu t\u1ed1 h\u1ec7 th\u1ed1ng ph\u00eda sau s\u1ef1 ki\u1ec7n thanh l\u00fd 1 t\u1ef7 USD g\u1ea7n \u0111\u00e2y. Galaxy Digital c\u1ea3nh b\u00e1o nh\u00e0 giao d\u1ecbch ph\u00e1i sinh, \u0111\u1eb7c bi\u1ec7t khi d\u00f9ng \u0111\u00f2n b\u1ea9y cao, \u0111\u1ed1i m\u1eb7t v\u1edbi r\u1ee7i ro n\u1ed9i ng\u00e0y gia t\u0103ng, c\u00e1c \u0111\u1ee3t thanh l\u00fd c\u01b0\u1ee1ng b\u1ee9c c\u00f3 th\u1ec3 lan r\u1ed9ng r\u1ea5t nhanh khi s\u1ed5 l\u1ec7nh m\u1ecfng v\u00e0 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh.<\/p>\n
– Thanh l\u00fd d\u00e2y chuy\u1ec1n: Galaxy Digital c\u1ea3nh b\u00e1o sai s\u00f3t trong duy tr\u00ec margin, b\u1ecb khu\u1ebfch \u0111\u1ea1i b\u1edfi gi\u00e1 gi\u1ea3m nhanh, khi\u1ebfn c\u0103ng th\u1eb3ng th\u1ecb tr\u01b0\u1eddng t\u0103ng, ngay c\u1ea3 ng\u01b0\u1eddi d\u00e0y d\u1ea1n c\u0169ng c\u00f3 th\u1ec3 b\u1ecb \u00e9p b\u00e1n v\u00e0 thi\u1ebfu h\u1ee5t t\u00e0i s\u1ea3n th\u1ebf ch\u1ea5p.
\n– \u0110\u1ed9i ng\u0169 l\u01b0\u1ee3ng h\u00f3a ph\u1ea3i gi\u00e1m s\u00e1t li\u00ean t\u1ee5c. Galaxy Digital nh\u1ea5n m\u1ea1nh t\u00ednh c\u1ea5p thi\u1ebft c\u1ee7a ph\u00e2n t\u00edch r\u1ee7i ro th\u1eddi gian th\u1ef1c tr\u00ean c\u00e1c s\u00e0n v\u00e0 giao th\u1ee9c.
\n– Khi h\u1ec7 th\u1ed1ng giao d\u1ecbch t\u1ef1 \u0111\u1ed9ng chi\u1ebfm \u01b0u th\u1ebf, Galaxy Digital khuy\u1ebfn ngh\u1ecb n\u00e2ng c\u1ea5p c\u00f4ng ngh\u1ec7 c\u1ea3 \u1edf lu\u1ed3ng l\u1ec7nh s\u00e0n v\u00e0 OTC \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o \u0111\u1ed9 b\u1ec1n khi x\u1ea3y ra bi\u1ebfn \u0111\u1ed9ng ch\u1edbp nho\u00e1ng.<\/p>\n
C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c n\u00ean ch\u00fa \u00fd vi\u1ec7c bi\u1ebfn \u0111\u1ed9ng gi\u00e1 ph\u00e1i sinh nhanh y\u00eau c\u1ea7u quy tr\u00ecnh margin th\u1eadn tr\u1ecdng v\u00e0 ki\u1ec3m th\u1eed s\u1ee9c \u00e9p d\u1ef1a tr\u00ean k\u1ecbch b\u1ea3n, nh\u1ea5t l\u00e0 h\u1ee3p \u0111\u1ed3ng song ph\u01b0\u01a1ng v\u00e0 s\u00e0n giao d\u1ecbch.<\/p>\n
Theo D\u00f5i Ng\u00e0nh: DeFi, Stablecoin v\u00e0 Tri\u1ec3n V\u1ecdng c\u1ee7a Galaxy Digital<\/p>\n
Trong khu v\u1ef1c t\u00e0i ch\u00ednh phi t\u1eadp trung (DeFi), Galaxy Digital ghi nh\u1eadn s\u1ef1 tr\u1edf l\u1ea1i m\u1ea1nh m\u1ebd c\u1ee7a ho\u1ea1t \u0111\u1ed9ng cho vay, khi ng\u01b0\u1eddi d\u00f9ng t\u00ecm ki\u1ebfm l\u1ee3i su\u1ea5t v\u00e0 thanh kho\u1ea3n trong b\u1ed1i c\u1ea3nh l\u00e3i su\u1ea5t to\u00e0n c\u1ea7u th\u1ea5p. N\u1ec1n t\u1ea3ng cung c\u1ea5p vay th\u1ebf ch\u1ea5p crypto \u0111\u00e3 tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m c\u1ee7a s\u1ef1 ph\u1ee5c h\u1ed3i \u0111\u00f2n b\u1ea9y th\u1ecb tr\u01b0\u1eddng t\u0103ng gi\u00e1, Galaxy Digital d\u1ef1 b\u00e1o vai tr\u00f2 n\u00e0y s\u1ebd t\u0103ng l\u00ean.<\/p>\n
– Chi ph\u00ed vay Stablecoin \u2013 nh\u1ea5t l\u00e0 USDC \u2013 \u0111\u00e3 t\u0103ng m\u1ea1nh, theo quan s\u00e1t c\u1ee7a Galaxy Digital. Di\u1ec5n bi\u1ebfn n\u00e0y ph\u1ea3n \u00e1nh c\u1ea3 nhu c\u1ea7u \u0111\u00f2n b\u1ea9y l\u1eabn s\u1ef1 l\u1ec7ch pha thanh kho\u1ea3n gi\u1eefa c\u00e1c nh\u00f3m t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh theo USD.
\n– Qu\u1ea3n l\u00fd danh m\u1ee5c n\u00ean l\u01b0u \u00fd nh\u1eadn \u0111\u1ecbnh c\u1ee7a Galaxy Digital: c\u01a1 ch\u1ebf t\u1ea1o l\u1ee3i su\u1ea5t DeFi k\u1ebft h\u1ee3p pool thanh kho\u1ea3n stablecoin \u0111\u00e3 t\u1ea1o ra t\u01b0\u01a1ng quan v\u00e0 r\u1ee7i ro m\u1edbi c\u1ea7n gi\u00e1m s\u00e1t.
\n– R\u1ee7i ro call margin: Galaxy Digital ch\u1ec9 ra \u0111i\u1ec3m c\u0103ng th\u1eb3ng m\u1edbi v\u1edbi n\u1ec1n t\u1ea3ng cho vay on-chain, k\u00eau g\u1ecdi r\u00e0 so\u00e1t k\u1ef9 c\u00e1c t\u1ef7 l\u1ec7 t\u00e0i s\u1ea3n th\u1ebf ch\u1ea5p v\u00e0 quy t\u1eafc thanh l\u00fd t\u1ef1 \u0111\u1ed9ng.<\/p>\n
C\u00e1c nh\u00e0 ph\u00e2n b\u1ed5 chuy\u00ean nghi\u1ec7p \u0111\u01b0\u1ee3c Galaxy Digital c\u1ed5 v\u0169 x\u00e2y d\u1ef1ng h\u1ec7 th\u1ed1ng gi\u00e1m s\u00e1t k\u00e9p \u2013 c\u1ea3 DeFi l\u1eabn TradFi \u2013 \u0111\u1ec3 ph\u00e1t hi\u1ec7n nhanh s\u1ef1 l\u1ec7ch pha v\u00e0 d\u1ef1 ph\u00f2ng \u0111\u1ee9t g\u00e3y c\u1ea5u tr\u00fac.<\/p>\n
\u0110\u1ecbnh H\u01b0\u1edbng T\u01b0\u01a1ng Lai: Nh\u1eadn \u0110\u1ecbnh Galaxy Digital b\u00ean C\u00e1c Di\u1ec5n Bi\u1ebfn Th\u1ecb Tr\u01b0\u1eddng Ch\u00e2u \u00c1<\/p>\n
Trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng Ch\u00e2u \u00c1 Th\u00e1i B\u00ecnh D\u01b0\u01a1ng bi\u1ebfn \u0111\u1ed9ng, Galaxy Digital ti\u1ebfp t\u1ee5c khuy\u1ebfn c\u00e1o nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00f4ng ch\u1ee7 quan. \u0110\u00f2n b\u1ea9y c\u1ef1c \u0111oan l\u00ean cao c\u00f9ng c\u00e1c t\u00edn hi\u1ec7u v\u0129 m\u00f4 to\u00e0n c\u1ea7u \u0111ang thay \u0111\u1ed5i v\u1eeba l\u00e0 c\u01a1 h\u1ed9i chi\u1ebfn l\u01b0\u1ee3c v\u1eeba ti\u1ec1m \u1ea9n nguy c\u01a1 l\u1edbn. Nghi\u00ean c\u1ee9u m\u1edbi nh\u1ea5t c\u1ee7a Galaxy Digital nh\u1ea5n m\u1ea1nh: b\u00ean tham gia th\u1ecb tr\u01b0\u1eddng c\u1ea7n trang b\u1ecb h\u1ec7 khung v\u1eefng ch\u1eafc v\u1ec1 qu\u1ea3n tr\u1ecb thanh kho\u1ea3n, \u1ee9ng d\u1ee5ng ph\u00e1i sinh chi\u1ebfn thu\u1eadt, gi\u00e1m s\u00e1t r\u1ee7i ro th\u1eddi gian th\u1ef1c.<\/p>\n
– Bi\u1ebfn \u0111\u1ed9ng stablecoin v\u00e0 l\u1ec7ch pha thanh kho\u1ea3n l\u00e0 \u01b0u ti\u00ean l\u1edbn trong radar r\u1ee7i ro c\u1ee7a Galaxy Digital, khi ho\u1ea1t \u0111\u1ed9ng on-chain t\u0103ng t\u1ed1c v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 v\u0129 m\u00f4 b\u1ea5t \u0111\u1ecbnh.
\n– Bi\u1ebfn \u0111\u1ed9ng li\u00ean t\u1ee5c c\u1ee7a Bitcoin \u0111\u1eb7t ra th\u00e1ch th\u1ee9c v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 Ch\u00e2u \u00c1, Galaxy Digital nh\u1eadn \u0111\u1ecbnh. Nhu c\u1ea7u s\u1ea3n ph\u1ea9m \u0111\u00f2n b\u1ea9y c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c t\u0103ng, nh\u01b0ng ki\u1ec3m so\u00e1t r\u1ee7i ro v\u00e0 margin ch\u1eb7t ch\u1ebd l\u00e0 ch\u00eca kh\u00f3a b\u1ea3o to\u00e0n v\u1ed1n d\u00e0i h\u1ea1n.
\n– C\u00e1c quy \u0111\u1ecbnh m\u1edbi n\u1ed5i t\u1ea1i Ch\u00e2u \u00c1, Galaxy Digital ghi nh\u1eadn, c\u00f3 th\u1ec3 h\u1ed7 tr\u1ee3 c\u1ea5u tr\u00fac \u1ed5n \u0111\u1ecbnh h\u01a1n n\u1ebfu h\u00e0i h\u00f2a v\u1edbi xu h\u01b0\u1edbng to\u00e0n c\u1ea7u.<\/p>\n
V\u1edbi kh\u00e1ch h\u00e0ng gi\u00e1 tr\u1ecb l\u1edbn v\u00e0 c\u00e1c nh\u00e0 ph\u00e2n b\u1ed5 v\u1ed1n chuy\u00ean nghi\u1ec7p, Galaxy Digital khuy\u1ebfn ngh\u1ecb ch\u1ee7 \u0111\u1ed9ng chi\u1ebfn l\u01b0\u1ee3c: t\u0103ng c\u01b0\u1eddng overlay danh m\u1ee5c, l\u00ean k\u1ecbch b\u1ea3n ki\u1ec3m th\u1eed c\u0103ng th\u1eb3ng \u0111\u1ecbnh k\u1ef3, v\u00e0 s\u1eb5n s\u00e0ng c\u00f4ng ngh\u1ec7 cho th\u00e1ch th\u1ee9c h\u1ea1 t\u1ea7ng th\u1ecb tr\u01b0\u1eddng.<\/p>\n
R\u00fat Ra Chi\u1ebfn L\u01b0\u1ee3c Cho Nh\u00e0 \u0110\u1ea7u T\u01b0<\/p>\n
Khi th\u1ecb tr\u01b0\u1eddng crypto t\u1ea1i Ch\u00e2u \u00c1 b\u01b0\u1edbc v\u00e0o th\u1eddi kh\u1eafc then ch\u1ed1t m\u1edbi, Galaxy Digital k\u00eau g\u1ecdi c\u00e1c b\u00ean tham gia v\u1eadn d\u1ee5ng hi\u1ec3u bi\u1ebft v\u00e0 k\u1ef7 lu\u1eadt. Nguy c\u01a1, c\u01a1 h\u1ed9i t\u1eeb \u0111\u00f2n b\u1ea9y t\u0103ng cao \u0111\u01b0\u1ee3c khu\u1ebfch \u0111\u1ea1i trong m\u00f4i tr\u01b0\u1eddng l\u00e3i su\u1ea5t bi\u1ebfn \u0111\u1ed9ng, quy \u0111\u1ecbnh thay \u0111\u1ed5i v\u00e0 c\u00f4ng ngh\u1ec7 kh\u00f4ng ng\u1eebng \u0111\u1ed5i m\u1edbi.<\/p>\n
– \u0110a d\u1ea1ng h\u00f3a v\u00e0 chu\u1ea9n b\u1ecb s\u1eb5n thanh kho\u1ea3n l\u00e0 tr\u1ecdng t\u00e2m. Galaxy Digital khuy\u1ebfn ngh\u1ecb tr\u00e1nh \u0111\u1eb7t c\u01b0\u1ee3c t\u1eadp trung, lu\u00f4n duy tr\u00ec pool v\u1ed1n linh ho\u1ea1t.
\n– \u0110\u1ea7u t\u01b0 cho c\u00f4ng ngh\u1ec7, \u0111\u1eb7c bi\u1ec7t l\u00e0 ph\u00e2n t\u00edch r\u1ee7i ro v\u00e0 giao d\u1ecbch t\u1ef1 \u0111\u1ed9ng, c\u00f3 th\u1ec3 mang l\u1ea1i l\u1ee3i th\u1ebf c\u1ea1nh tranh r\u00f5 n\u00e9t trong c\u00e1c giai \u0111o\u1ea1n th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng, nh\u01b0 Galaxy Digital nh\u1eadn x\u00e9t.
\n– K\u1ebft h\u1ee3p c\u00f4ng t\u00e1c th\u1ea9m \u0111\u1ecbnh truy\u1ec1n th\u1ed1ng v\u1edbi n\u0103ng l\u1ef1c ph\u00e2n t\u00edch DeFi, ph\u00e1i sinh ti\u00ean ti\u1ebfn s\u1ebd gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u1ee9ng v\u1eefng v\u00e0 tham gia b\u1ec1n v\u1eefng, theo khuy\u1ebfn ngh\u1ecb c\u1ee7a Galaxy Digital.<\/p>\n
Ban \u0111i\u1ec1u h\u00e0nh v\u00e0 \u0111\u1ed9i ng\u0169 ph\u00e2n t\u00edch c\u1ee7a Galaxy Digital li\u00ean t\u1ee5c nh\u1ea5n m\u1ea1nh t\u1ea7m quan tr\u1ecdng c\u1ee7a vi\u1ec7c \u0111i tr\u01b0\u1edbc chu k\u1ef3 th\u1ecb tr\u01b0\u1eddng, duy tr\u00ec c\u1ea3nh gi\u00e1c v\u00e0 \u0111\u1ea3m b\u1ea3o t\u1ea5t c\u1ea3 kho\u1ea3n \u0111\u1ea7u t\u01b0 \u0111\u1ec1u linh ho\u1ea1t, lu\u00f4n s\u1eb5n s\u00e0ng \u1ee9ng ph\u00f3 v\u1edbi m\u1ecdi di\u1ec5n bi\u1ebfn m\u1edbi.<\/p>\n
\u0110\u1ed1i v\u1edbi c\u00e1c c\u00e1 nh\u00e2n gi\u00e1 tr\u1ecb l\u1edbn mu\u1ed1n ti\u1ebfp c\u1eadn chi\u1ebfn l\u01b0\u1ee3c t\u00e0i s\u1ea3n s\u1ed1, ph\u00e2n t\u00edch c\u1ee7a Galaxy Digital hi\u1ec7n nay l\u00e0 l\u1eddi nh\u1eafc t\u1ec9nh t\u00e1o: \u0111\u00f2n b\u1ea9y l\u00e0m t\u0103ng l\u1ee3i nhu\u1eadn, nh\u01b0ng c\u0169ng \u0111\u00f2i h\u1ecfi s\u1ef1 t\u00f4n tr\u1ecdng r\u1ee7i ro, c\u1ea3nh gi\u00e1c v\u00e0 s\u00e1ng t\u1ea1o chi\u1ebfn thu\u1eadt trong m\u00f4i tr\u01b0\u1eddng th\u1ecb tr\u01b0\u1eddng kh\u00f4ng ng\u1eebng thay \u0111\u1ed5i.<\/p>\n","protected":false},"excerpt":{"rendered":"
Asia Morning Briefing: \u0110\u00f2n B\u1ea9y Crypto T\u0103ng V\u1ecdt B\u00e1o Hi\u1ec7u C\u0103ng Th\u1eb3ng, Galaxy Digital C\u1ea3nh B\u00e1o Galaxy Digital ghi […]<\/p>\n","protected":false},"author":1,"featured_media":2402,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-2409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-vi"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"ja","enabled_languages":["en","de","ja","vi","ms"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"ja":{"title":false,"content":false,"excerpt":false},"vi":{"title":false,"content":false,"excerpt":false},"ms":{"title":false,"content":false,"excerpt":false}}},"rttpg_featured_image_url":{"full":["https:\/\/cryptoenewshub.com\/wp-content\/uploads\/2025\/08\/2025-08-18T090002.0050700.jpg",1920,1996,false],"landscape":["https:\/\/cryptoenewshub.com\/wp-content\/uploads\/2025\/08\/2025-08-18T090002.0050700.jpg",1920,1996,false],"portraits":["https:\/\/cryptoenewshub.com\/wp-content\/uploads\/2025\/08\/2025-08-18T090002.0050700.jpg",1920,1996,false],"thumbnail":["https:\/\/cryptoenewshub.com\/wp-content\/uploads\/2025\/08\/2025-08-18T090002.0050700-150x150.jpg",150,150,true],"medium":["https:\/\/cryptoenewshub.com\/wp-content\/uploads\/2025\/08\/2025-08-18T090002.0050700-289x300.jpg",289,300,true],"large":["https:\/\/cryptoenewshub.com\/wp-content\/uploads\/2025\/08\/2025-08-18T090002.0050700-985x1024.jpg",985,1024,true],"1536x1536":["https:\/\/cryptoenewshub.com\/wp-content\/uploads\/2025\/08\/2025-08-18T090002.0050700-1478x1536.jpg",1478,1536,true],"2048x2048":["https:\/\/cryptoenewshub.com\/wp-content\/uploads\/2025\/08\/2025-08-18T090002.0050700.jpg",1920,1996,false],"blog-thumb":["https:\/\/cryptoenewshub.com\/wp-content\/uploads\/2025\/08\/2025-08-18T090002.0050700-530x250.jpg",530,250,true],"blog-full":["https:\/\/cryptoenewshub.com\/wp-content\/uploads\/2025\/08\/2025-08-18T090002.0050700-1100x450.jpg",1100,450,true]},"rttpg_author":{"display_name":"tranhuynhmy@proton.me","author_link":"https:\/\/cryptoenewshub.com\/ja\/author\/tranhuynhmyproton-me\/"},"rttpg_comment":0,"rttpg_category":"News-Vi<\/a>","rttpg_excerpt":"Asia Morning Briefing: \u0110\u00f2n B\u1ea9y Crypto T\u0103ng V\u1ecdt B\u00e1o Hi\u1ec7u…","_links":{"self":[{"href":"https:\/\/cryptoenewshub.com\/ja\/wp-json\/wp\/v2\/posts\/2409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoenewshub.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoenewshub.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoenewshub.com\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoenewshub.com\/ja\/wp-json\/wp\/v2\/comments?post=2409"}],"version-history":[{"count":1,"href":"https:\/\/cryptoenewshub.com\/ja\/wp-json\/wp\/v2\/posts\/2409\/revisions"}],"predecessor-version":[{"id":2410,"href":"https:\/\/cryptoenewshub.com\/ja\/wp-json\/wp\/v2\/posts\/2409\/revisions\/2410"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoenewshub.com\/ja\/wp-json\/wp\/v2\/media\/2402"}],"wp:attachment":[{"href":"https:\/\/cryptoenewshub.com\/ja\/wp-json\/wp\/v2\/media?parent=2409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoenewshub.com\/ja\/wp-json\/wp\/v2\/categories?post=2409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoenewshub.com\/ja\/wp-json\/wp\/v2\/tags?post=2409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}