Wintermute，比特幣貸款和Cantor Fitzgerald：新篇章？

Wintermute從Cantor Fitzgerald獲得了比特幣支持的信用，這表明加密貸款的複興謹慎。這對市場意味著什麼？

The crypto landscape is buzzing with cautious optimism as Wintermute secured a Bitcoin-backed credit line from Cantor Fitzgerald. It's a move that signals more than just a financial boost for Wintermute; it hints at a potential resurgence in the crypto lending market.

由於溫特姆特（Wintermute）從坎托爾·菲茨杰拉德（Cantor Fitzgerald）獲得了比特幣支持的信用額度，因此加密景觀嗡嗡作響。這是一個舉動，不僅僅是Wintermute的財務增長。它暗示了加密貸款市場的潛在復興。

Cantor Fitzgerald's $2 Billion Bitcoin Play

坎托·菲茨杰拉德（Cantor Fitzgerald）的20億美元比特幣遊戲

Cantor Fitzgerald isn't just dipping its toes into crypto; it's diving in with a $2 billion Bitcoin Financing Business. This initiative aims to provide secured credit facilities to institutional crypto firms. Wintermute is among the early beneficiaries, joining FalconX and Maple Finance. The size of Wintermute's credit line wasn't disclosed, but CEO Evgeny Gaevoy emphasized its importance in managing the capital-intensive nature of OTC crypto trading and settlement.

坎托·菲茨杰拉德（Cantor Fitzgerald）不僅將腳趾浸入加密貨幣中。它正在研究一家20億美元的比特幣融資業務。該計劃旨在為機構加密公司提供有擔保的信貸額度。 Wintermute是早期的受益人之一，加入Falconx和Maple Finance。尚未透露Wintermute信用額度的規模，但首席執行官Evgeny Gaevoy強調了其在管理OTC Crypto交易和和解的資本密集型性質方面的重要性。

A Cautious Revival in Crypto Lending

加密貸款的謹慎復興

The collapses of Celsius Network and BlockFi in 2022 cast a long shadow over crypto lending. Cantor's entry, along with moves by Blockstream and Xapo Bank, suggests a cautious revival. According to Galaxy Research, the crypto lending market reached $36.5 billion by the end of 2024, a significant rebound from its Q3 2023 low, though still shy of its 2021 peak.

攝氏網絡和Blockfi在2022年的倒塌造成了加密貸款的長陰影。 Cantor的入境以及Blockstream和Xapo Bank的舉動表明了謹慎的複興。根據Galaxy Research的數據，到2024年底，加密貨幣貸款市場達到了365億美元，其重大反彈是其第三季度2023低點，儘管仍然遠高於其2021年峰值。

The Bitcoin – AI Pivot: A Diversification Strategy?

比特幣 - AI Pivot：多元化策略？

Interestingly, Cantor Fitzgerald's bullish stance extends beyond crypto lending. They see potential in the pivot from Bitcoin mining to AI infrastructure, exemplified by Core Scientific's potential acquisition by CoreWeave. Cantor believes Core Scientific is undervalued, citing its AI contracts and data center replacement value. This echoes a broader trend, as Rittenhouse Research suggests that successful crypto companies are increasingly becoming AI infrastructure providers, leveraging their existing infrastructure for AI computation.

有趣的是，坎托·菲茨杰拉德（Cantor Fitzgerald）的看漲立場超出了加密貸款。他們認為，從比特幣開採到AI基礎設施的樞軸中的潛力，以Core Scientific通過CoreWeave的潛在獲取為例。坎托認為核心科學被低估了，理由是其AI合同和數據中心的替代價值。這回應了更廣泛的趨勢，因為Rittenhouse研究表明，成功的加密公司越來越多地成為AI基礎設施提供商，並利用其現有的基礎架構進行AI計算。

A Word of Caution

謹慎

While the Bitcoin-AI pivot looks promising for some, it's not a guaranteed success. Bit Digital's move into Ethereum staking and Canaan's failed AI hardware venture serve as cautionary tales. The key, as Core Scientific might have found, is leveraging existing infrastructure to tap into the growing AI boom.

雖然比特幣-AI樞軸對某些人來說看起來很有希望，但這並不能保證成功。 BIT Digital進入以太坊的Staking，而Canaan失敗的AI硬件冒險是警示性的故事。正如核心科學所發現的那樣，關鍵是利用現有的基礎設施來利用不斷增長的AI繁榮。

Final Thoughts

最後的想法

Wintermute's credit line from Cantor Fitzgerald could be a game-changer. The move could represent the start of a new chapter, marking not just Wintermute's growth but also the crypto market's cautious yet optimistic evolution. What's next? Only time will tell, but one thing's for sure: the crypto world never ceases to surprise!

坎托·菲茨杰拉德（Cantor Fitzgerald）的溫特穆特（Wintermute）的信用額度可能會改變遊戲規則。此舉可能代表了新篇章的開始，不僅標誌著溫特穆特的增長，而且標誌著加密貨幣市場的謹慎而樂觀的演變。接下來是什麼？只有時間可以證明，但是可以肯定的是：加密世界永遠不會停止驚訝！