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After experiencing a massive loss of hundreds of billions of dollars in market value last month, Bitcoin is struggling to rebound, but fragile market sentiment and ongoing selling pressure are making any recovery efforts difficult.
Although positive news about the end of the U.S. government shutdown boosted traditional risk assets, the cryptocurrency market did not see the expected strong rally, highlighting investors' lingering unease after significant losses.
This world's largest cryptocurrency briefly surged past $107,000 on Monday but quickly fell back below $105,000. This weak price perf

In the second half of 2025, the once somewhat abstract concept of stablecoin public blockchains was illuminated by two sets of extremely concrete numbers. On one side are the recent two deposit plans from Stable. The first phase was quickly filled by large investors within a short period; the second phase was oversubscribed, with total deposits exceeding 2.6 billion USD and the number of participating wallets surpassing 26,000. This demonstrates that with a sufficiently clear narrative and solid assets, liquidity can migrate in an extremely short time.
On the other side is Plasma, which was th

Trump praises cryptocurrencies, saying they ease pressure on the dollar. U.S. President Trump commends cryptocurrencies, stating they alleviate the pressure on the U.S. dollar. He also calls for an end to the government shutdown and boldly states that the record highs in the stock market are just the beginning.
During a breakfast meeting with Republican senators, President Trump delivered a speech. He said, “We need to reopen the government as soon as possible and take immediate action. Our economy is in its hottest period in history, and the shutdown has had some impact on the stock market. B

This year's crypto market is not lively. The altcoin market is generally bleak, and apart from a few on-chain trading experts, few people can continue to make money. However, in this seemingly quiet market, there are still a group of people quietly getting rich.
They are even considered "outsiders":
No faith in cryptocurrencies, not concerned about fundamentals and narratives, even less about trading emotions.
Their principle is summed up in one sentence: only arbitrage, no trading.
Recently, the articles of "Doll Sister" have gone viral. To some extent, she is also an arbitrageur, surviv

Recently, the x402 protocol launched by Coinbase became an overnight sensation. Not only did the related concept tokens experience a big pump, but it also gained continuous adoption or endorsement from Web2 giants such as Google, AWS, and Visa, driving its AI agent volume on the protocol to achieve a rise of over 10,000% in the past month.
Earlier this year in May, AEON launched the AI Payment protocol; in August, AEON officially collaborated with the Coinbase x402 protocol, becoming one of its first ecosystem partners and took the lead in launching the AI Payment product integrated with x402.

PerpDEX platform Surf Protocol announced today that it has officially completed a dual upgrade of its brand and system, fully launching the on-chain version TurboFlow. This upgrade represents a new stage for Surf Protocol in the Decentralization trading infrastructure field, with all transaction data and asset migration fully on-chain, achieving a verifiable, transparent, and secure full-chain operation.
According to the official introduction, TurboFlow is committed to providing a lower-cost, fairer, and more controllable trading environment for retail traders worldwide. The new version is bui

From October 18 to October 22, 2025, the Shanghai Blockchain International Week and the 11th Blockchain Global Summit will be held in Shanghai. Lily Liu, the chair of the Solana Foundation, delivered a keynote speech at the event. Lily Liu stated that each generation of internet advancement and innovation will have special hardware and software requirements. The essence of Blockchain is, first, assets, and second, financial infrastructure. Solana hopes to build a technology platform for internet finance, serving as the foundational infrastructure for internet finance.
Regarding the current dev

On October 14, news emerged from the U.S. District Court for the Eastern District of New York (EDNY) that the U.S. government is seeking to confiscate 127,000 Bitcoins seized in operations involving the Cambodian BCH group, amounting to over $14 billion at current prices. If this confiscation is successfully executed, the U.S. government will become the entity holding the largest amount of Bitcoins. Below is a detailed analysis of this case:
Over the past five years, criminals behind the global pig-butchering scams have stolen hundreds of billions of dollars from around the world. Today, law e

On October 11, the crypto assets market experienced an epic big dump (see "1011 Night of Terror: Crypto Market Instant Fall, 20 Billion Dollars Vanished").
Although the market has shown signs of recovery, discussions surrounding massive liquidations and various perpetual contract exchanges have not cooled down, especially after Hyperliquid confirmed that it executed the "Automatic Deleveraging" (ADL) mechanism for the first time since its operation began two years ago, making ADL a focal point of market discussions.
What exactly is ADL? Why are my profitable positions being automatically reduc

Retail investors in the past mostly held a passive position. During periods of significant fluctuation, we are often the first group to get liquidated; in a bull run, we are often overlooked. Being subjected to long wick candles, getting liquidated, and passive stop losses have almost become the norm.
However, this excellent counterattack has become a typical case of retail investors—taking advantage of LBank's 100 million bonus opportunity and using extremely high leverage, ultimately achieving account equity exceeding one million dollars.
It is not a coincidence, and even more astonishin

The AI platform Edgen, which integrates stocks and Crypto Assets into a unified intelligent layer, announced a major upgrade today, fundamentally changing the way investors interact with the market. This release marks a key step for Edgen toward building a transparent and collaborative financial ecosystem—allowing investors, developers, and protocols to operate efficiently on the same intelligent foundation.
Currently, investors are facing the dual challenges of market fragmentation and data overload.
Edgen transforms market noise into actionable insights through a multi-agent architecture, in

In a recent speech, Powell further emphasized that the Fed's stance remains tight after the rate cuts, believing that the current interest rate level "is still slightly above neutral." This means that even after implementing easing measures, the overall financial environment still has the effect of suppressing inflation. He specifically mentioned that there is "room for further adjustments" in policy but will not preset a path, instead acting flexibly based on future employment and inflation data. This statement reinforced the market's perception of "gradual easing," weakened expectati

In terms of market making, the market creation of Kalshi is roughly similar, except that the collateral party does not use USDC and does not operate on-chain. To create a market on Kalshi, it must be initiated directly by the team, approved by the exchange, or finally reviewed by user suggestions. Polymarket events can produce mutually exclusive outcomes, which will be bundled together for collateral, with 1 USD covering the entire collection.
On Kalshi, each outcome is an independent binary (yes or no) contract, and the market is created by bundling all these binary contracts together and pre