The U.S. Department of Homeland Security has been investigating Chinese Bitcoin mining equipment manufacturer Bitmain as a potential threat to national security, according to seven people familiar wit

The x402 protocol has built the payment layer for the Agent service market, while Switchboard has established the data service layer. If the payment layer allows money to flow, the data service layer enables trustworthy data to flow.

Eigencloud is exploring the potential of Ethereum DeFi composability. Recently, they launched a Cap's AVS, which is quite interesting, trying to bring in some large institutions to participate.

1. On-chain funds: $5.5M flowed into Hyperliquid today; $7.4M flowed out of edgeX 2. Maximum price fluctuation: $XION, $ARC 3. Top news: Due to the impact of the U.S. Thanksgiving holiday, the U.S. initial jobless claims data will be released earlier at 21:30 tonight

The end of the computing power surge is a string of encrypted codes. Nvidia's latest financial report is impressive, but the capital market's reaction is tepid, with the stock price plummeting over 7% shortly after the report was released. Meanwhile, Google's breakthrough in self-developed TPU chips has raised questions about Nvidia's future position. A debate about the AI bubble is unfolding in the capital market. An MIT research report has further fueled this debate—up to 95% of companies' investments in AI have failed to generate measurable results.

When content is saturated, incentives become expensive, and channels are fragmented, where is the key to growth?

On-chain data shows a massive Bitcoin transfer from BlackRock to the exchange, sending shockwaves through the market, yet little do they know this is the tail end of a sell-off, not the beginning. Recently, a series of large Bitcoin transfers from BlackRock to Coinbase have attracted widespread attention from cryptocurrency investors, many of whom interpret it as a signal of institutional dumping. Evgeny Gaevoy, founder of market-making giant Wintermute, pointed out that this is actually a highly lagging indicator. The real sell-off...

Polymarket has been approved to return to the U.S. market through a compliant intermediary, marking an important breakthrough in the compliance of the cryptocurrency market. This return not only injects new liquidity into traditional financial capital but also provides institutions with new event hedging tools. This move is expected to stimulate a reevaluation of the value of underlying infrastructures such as Polygon and UMA, and may drive a rebound in the DeFi and Layer 2 sectors.

Bitcoin quickly fell from its historical high of $125,000 in October 2025, dropping below $90,000 in just a month. The more than 25% deep pullback has led investors to question: is the familiar four-year cycle still valid? From the halving in April 2024 to the new high of $120,000 in October 2025, Bitcoin has gone through nearly 18 months. If we only look at this path, it seems to still be operating according to the cycle. Halving hits the bottom, peaks within a year, and then enters a correction. But what truly confuses the market is

The crypto people who no longer dare to flaunt their wealth.

The sudden shift in market sentiment coincided with a rare counterattack from a giant. Nvidia's stock price experienced a thrilling roller coaster on Tuesday, plummeting over 7% in early trading, with a market value evaporating by nearly $350 billion, ultimately closing down 2.6%, marking a new low in over two months. Meanwhile, Google's parent company Alphabet saw its stock price rise against the trend by 1.6%, reaching a record closing high for the third consecutive trading day, with its market value approaching the $4 trillion mark. This dramatic fluctuation in the capital market stems from a brewing situation.

Market declines are often accompanied by panic, but it is during the downturn that multiple signals may reveal turning points for future trends. Welcome to the live broadcast to discuss together.

Recently, global technology stocks have collectively pulled back, and concerns about an AI bubble have resurfaced. The current market may resemble the situation from 1996 to 1998, far from a bubble burst. Recently, AI-related stocks in the global market have significantly retraced, with the MSCI Global Index dropping about 2.1% last week, the "Seven Sisters" of U.S. stocks falling by 6%, and the Hang Seng Tech Index plummeting by 7%. This round of decline has triggered widespread investor concerns about the bursting of the AI bubble. Meanwhile, the U.S. government shutdown and liquidity in the repurchase market...