战争、石油与加密货币的奇妙联结：Hyperliquid油价衍生品何以成为宏观定价新枢纽？
随着中东地缘政治局势的急剧恶化，美以与伊朗之间的冲突正在将全球大宗商品市场推向一个新的波动极值。在这一宏观背景下，一个过去主要存在于加密货币原生叙事中的现象正在真实发生：去中心化交易所（DEX）正在接管传统大宗商品的尾部与突发风险定价权。
Max.S
Delphi Digital: On the Eve of the On-Chain Options Boom
The cryptocurrency options market is reshaping its landscape, with Bitcoin options open interest surpassing futures for the first time in 2025. Deribit and IBIT options are leading the growth, while on-chain options protocols such as DeriveXYZ and KyanExchange are attracting institutional investors with innovative mechanisms, meeting their hedging and structured product needs. Improved regulatory environment and the launch of 24/7 trading by CME indicate market maturity and opportunities.
Foresight News
Trading Moments: Crude oil, the US dollar, and US Treasury yields all rose amid the war, while Bitcoin held steady above $70,000 despite macroeconomic headwinds.
Except for the energy sector, most sectors of the US stock market were under pressure, with all three major stock indexes falling by more than 1.5%. Bitcoin attempted to break through the $74,000 mark amid panic.
交易时刻
The "marking the boat to find the sword" style of cryptocurrency price prediction has become popular, highlighting the practical logic and flaws of metaphysical prophecies.
Are the "marking the boat to find the sword" style price predictions that frequently go viral on social media actually helping the market identify the stage, or are they just packaging noise as prophecy?
Frank
Multicoin co-founder: Is decentralization necessarily slower than centralization? PropAMM is breaking this prejudice.
“PropAMM is one of the most important innovations in the field of market microstructure in recent decades, and perhaps even decades.”
Odaily星球日报
对话Circle首席商务官：联手万事达卡加速加密支付普及，稳定币未来不只交易
Circle 与包括万事达卡在内的多家公司合作，在全球范围内推广稳定币的使用和接受度。
Felix
What are the chances of HYPE increasing fivefold? The HIP-3 is the most powerful engine.
Amidst a gloomy crypto market sentiment, Arthur Hayes is bullish on HYPE and has given it a $150 price target. With 97% of its revenue allocated to token buybacks and burns, and its HIP-3 mechanism expanding the on-chain perpetual contract market, HYPE's growth potential is attracting significant attention.
区块律动BlockBeats
Ripple spent $750 million to buy back shares, but XRP continues to fall: Why are the company's strategies and the token's value "going their separate ways"?
Ripple's $750 million buyback boosted the company's valuation to $50 billion, but XRP fell below support, creating a rare divergence. Market concerns that Ripple might be dumping XRP to raise funds expose a paradox in the crypto world: a failure in the transmission mechanism between company value and token price.
BiyaNews
From OpenClaw to the $25 billion RWA market: How AI agents can quietly take over on-chain assets
The on-chain economy comprised of AI agents was quietly launched in a version update in March 2026.
RWA研究院
It's not easy for the South Korean stock market to remain calm.
The South Korean stock market (KOSPI) has recently experienced an epic rollercoaster ride, with the Middle East conflict triggering massive market turmoil and intense competition between foreign capital outflows and retail investors buying on dips. This in-depth analysis examines the underlying logic behind the South Korean stock market's rapid shift from an AI bull market to the impact of the energy crisis, revealing its high volatility and structural risks.
远川投资评论
a16z: To the founders of crypto, companies don't buy the best technology.
How can blockchain founders sell to businesses? This article reveals how businesses don't buy the "best" technology, but rather choose the least disruptive upgrade path. Using real-world examples, it shares key strategies for packaging blockchain technology into an acceptable business solution, helping you close deals.
Foresight News
After seizure of crypto assets by British and American law enforcement agencies, the rate of returning the assets to their rightful owners is approximately 0%.
From the Qian Zhimin case to the Silk Road, most of the victims have become forgotten.
Odaily星球日报
Outsmarting the Minimax IV: Using a mobile phone to command Claude Code and write code with Minimax
On your PC, you can connect to MiniMax first. In about 5 minutes, you can control MiniMax to write code, fix bugs, and run tests from your phone. The code is executed on your local computer throughout the process, which is very safe.
BruceBlue
Arthur Hayes: Why did I liquidate all my other altcoins and heavily invest in HYPE to push it to $150?
Understand the underlying logic behind Arthur Hayes' bullish view on HYPE in one article.
Arthur Hayes
Musk's latest interview: AI has entered a self-evolutionary cycle, and humans are disappearing from the "loop".
At a tech summit, Musk revealed that Tesla's Optimus 3 humanoid robot is about to enter production, and that AI has entered a self-improvement phase. He predicted that the future economy will experience rapid growth and then shift towards deflation, with the output of goods and services far exceeding the money supply, and even predicted that "money will no longer be important."
华尔街见闻
DeFi Yield Winter: Liquidity Stagnation, Leverage Shrinkage, and Lack of Arbitrage Opportunities
The DeFi market is experiencing an "interest rate winter," with stablecoin deposit rates falling below 2%, and protocols like Aave facing the dual pressures of excess liquidity and shrinking demand. This article provides an in-depth analysis of the root causes of the interest rate collapse and explores how protocols like Sky are building yield moats through RWA assets, revealing strategic directions for investors to navigate market cycles.
Jae
当龙虾开始花钱：OpenClaw的银行可能是稳定币
Pantera Capital合伙人认为，2026年AI Agent将成为真正的经济参与者，其银行体系将建立在稳定币之上。
Conflux
对话Bitwise首席信息官：量子计算与AI威胁被夸大，看好加密“四大天王”
看好 BTC、ETH、SOL 和 LINK。
Felix
Turning Stones into Gold: How Did 43 Years of Tennis Data Become a Money-Making Machine for Predictive Markets?
I trained an AI using data from 95,491 sports matches, achieving an accuracy rate of 85%. This article reveals how AI+ELO ratings accurately predict tennis match outcomes.
Bagel 预测市场观察
PA Daily News | Ripple launches $750 million share buyback program; US SEC to collaborate with CFTC on crypto policy and new product launches.
The US SEC and CFTC signed a memorandum of understanding to strengthen cooperation in crypto regulation, and Hong Kong may issue its first batch of stablecoin licenses. Ripple launched a $750 million share buyback, and Binance launched a new airdrop project, Midnight. Global crypto regulation and market dynamics continue to evolve.
PA日报