Rampant speculation on crypto derivatives platforms is fueling volatility and risking bitcoin’s image as a stable hedge, says BlackRock’s digital assets chief.

The difference in futures basis between CME and Deribit reflects varying risk appetite across regions.

Original author: Todd Wenning Original translation: Deep Tide TechFlow Introduction: Academic financial theory categorizes risk into systematic risk and idiosyncratic risk. Similarly, stock pullbacks are divided into two types: market-driven systematic pullbacks (such as the 2008 financial crisis) and company-specific idiosyncratic pullbacks (such as the current software stock crash driven by AI concerns). Todd Wenning points out, using FactSet as an example: during systematic pullbacks, you can take advantage of behavioral advantages (patiently waiting for the market to recover); but during idiosyncratic pullbacks, you need to differentiate...

The three most representative projects are peaq, PrismaX, and OpenMind. They occupy three different ecological niches in the robotic economy.

When Binance gambles $1 billion of its SAFU fund on BTC, how can retail investors understand the logic behind it?

When you face an opportunity that could change the world, you can't help but take action.

The cryptocurrency circle is a financial battleground that does not involve "acting," filled with liquidity games and market maker manipulation.

By the end of 2025, Tether and its competitor Circle had blacklisted approximately 5,700 wallets, involving assets of around 2.5 billion dollars.

"Super Bowl Ad Wars," "Google Issues Century Bonds," "Hundred Billion Level Capital Expenditure Competition," and "Moltbook Farce"...

If 2024 is the "breaking year" for ETFs to open the door to Wall Street, and 2025 is the "regulatory reshaping year" under Trump's new policies, then the recently concluded Consensus HK 2026 has written a brand new script for this year. We are about to witness an explosion of "silicon-based finance," a close combat of "sovereign stablecoins," and the farewell of Crypto from on-chain self-indulgence, moving toward an invisible infiltration of the real world. During the three days of the conference, when the Solana Foundation, Binance...

At the beginning of February, Bitcoin plummeted over 12% in a single day, briefly falling below $60,000, which is a halving from its historical high. Major tokens like Ethereum and Solana collectively dropped over 10%, with nearly 580,000 investors facing liquidations of nearly $2.6 billion in one day. The crash came suddenly. Bitcoin's price has fallen about 50% from its historical high set in October 2025, and the total market value of cryptocurrencies has evaporated by over $1.2 trillion in four months. Along with Bitcoin's crash, Ethereum fell below $1,800, with a maximum intraday drop of nearly 20%;

"How I almost 'killed' my million-dollar Twitter account."

BTC whale deposited 5,000 BTC into Binance, worth about 385 million dollars. X plans to launch cryptocurrency and stock trading features. ARK CEO Cathie Wood purchased 15 million dollars in Bitcoin exposure. Galaxy Digital executives are optimistic about the long-term prospects of cryptocurrency.