An In-Depth Analysis of How the AI Wave Is Building Global Consensus: From Technological Myths to Capital Machines, Exploring the True Costs and Irreversible Structural Changes Behind This Unprecedented Intelligence Revolution
This article is based on a piece by律动 BlockBeats, organized, translated, and written by Dongqu. TechFlow also contributed to the organization, translation, and writing.
(Background Recap: Crypto, AI, Robots—How Virtuals Are Achieving the Trinity of Technology)
(Additional Context: While the crypto market is still undecided, AI enthusiasts are gathering around a game of Texas Hold'em)
Some profound and irreversible structural changes are quietly taking place amid the noise. The only winning move is to abstain from participating.
In October, Michael Burry posted this phrase on social media. It originates from the 1983 film "WarGames," where a supercomputer, after repeatedly simulating nuclear war scenarios, concludes with this statement.
A few days later, Burry...

The Trading Concept Series aims to share some "rarely discussed but extremely important" trading concepts. I believe both beginners and experienced traders can take away valuable insights from this series. There are a total of 10 articles in this series, and this is the 10th installment. (Previous installments: Trading Concept Series (IX): How Many Times Should You Use Leverage? Should You Use Full Position or Partial?) (Background note: Using Bitcoin's 2021 double-top pattern as an example: Discussing what "future data leaks" mean.)
Basic Logic
Logic is a concept I’ve emphasized repeatedly—over a hundred times—since I started operating Mr. Bag. Because there are so many theories and schools of thought in the financial markets, and since our formal education didn’t include systematic courses on finance, it can be overwhelming for a newcomer to the financial markets. Without pre-selecting "truly useful and proven" theories, beginners risk wasting a lot of time and effort.

Amid the U.S. government shutdown, the Treasury Department's general account has been locked, resulting in over $200 billion in liquidity being frozen. Overnight borrowing rates have soared to crisis levels. This article is based on a piece by EeeVee, compiled, translated, and written by TechFlow.
(Previous highlights: Bitcoin surged to $98,000, Ethereum approached the $20,000 mark, and the market entered "extreme panic" with 480,000 traders liquidated.)
(Additional background: Bitcoin suddenly spiked to $100,000 overnight! BTC has dropped over 5.8% in 24 hours.)
The U.S. government shutdown has officially entered its 36th record-breaking day. Over the past two days, global financial markets have plummeted. The declines have affected the Nasdaq, Bitcoin, tech stocks, the Nikkei index, and even safe-haven assets like U.S. Treasuries and gold.
Market panic is spreading, yet Washington politicians continue to bicker over the budget. Is there a connection between the government shutdown and the global market downturn? The answer is beginning to emerge.

U.S. Senator Cynthia Lummis yesterday addressed the record-long government shutdown, stating that the idea of Bitcoin reserves is "the only way for the U.S. to handle its trillions of dollars in national debt."
(Background: The U.S. government shutdown lasted 35 days, tying the longest record, draining liquidity and causing a sharp decline in Bitcoin and the stock market.)
(Additional context: Arthur Hayes predicts that uncontrolled U.S. debt will force the Fed to activate covert QE, igniting a Bitcoin bull market.)
In March, President Trump issued an executive order requiring the Treasury Department to establish a "Strategic Bitcoin Reserve" (SBR) and authorized the long-term holding of cryptocurrencies confiscated by law enforcement.
Wyoming Senator Cynthia Lummis yesterday expressed support for the idea of Bitcoin reserves as a solution to the ongoing government shutdown and the broader debt crisis.

Economist Peter Schiff believes that Bitcoin's rally is driven by Washington and Wall Street, and it could ultimately burst like a bubble. He emphasizes that gold is a more stable safe haven and warns investors to be cautious of Bitcoin's volatility and risks.

Nocera (NCRA) successfully completed a private placement financing agreement worth up to $300 million, with plans to invest the funds in digital asset strategies and corporate acquisitions. This move presents both opportunities and challenges in the current volatile market. The key point is that the company has not yet deployed the funds, maintaining strategic flexibility to "attack or defend" in future markets, waiting for the optimal investment timing. (Background: A global trend of "virtual asset reserves" is emerging, with listed company DAT's strategy becoming a new investment focus.) (Additional context: After the epic liquidation in the "1011" crypto market, how are DAT companies' stocks holding up?) Nocera, Inc. (NASDAQ: NCRA) announced an agreement with a U.S. institutional investor for a securities purchase, involving a private placement of senior secured convertible notes totaling up to $300 million. Nocera (NASDAQ: NCRA) is a dynamic, ...

Bitmine purchased 3.4 million Ethereum at an average price of $3,909 each. Now, they are facing an unrealized loss of over $1.3 billion. The market capitalization to net asset value ratio has plummeted from 5.6 in July to 1.2.
This article is based on a piece by Sidhartha Shukla, compiled, translated, and written by Foresight News.
(Background context: Vitalik’s new article discusses low-risk DeFi on Ethereum, comparing it to Google Search.)
(Additional background: Ethereum’s “powered by love” approach—developer salaries are only half of industry standards, possibly driven by a sense of mission.)
Ethereum’s corporate treasury experiment is rapidly unraveling. The second-largest cryptocurrency globally dropped below $3,300 on Tuesday, declining in tandem with Bitcoin and tech stocks. This decline has pulled Ethereum’s price back from its August peak.

DeFi lending protocol Moonwell was suddenly reported to have been potentially hacked this afternoon (the 4th). Security agencies BlockSec and CertiK issued alerts simultaneously, stating that the protocol was subjected to a flash loan attack due to abnormal oracle prices, resulting in a loss of over $1 million in an instant. (Background recap: Cross-chain bridge Garden Finance was hacked! Losses amounted to approximately $5.5 million, with the official offering a 10% white hat bounty for the hacker to return the funds.) (Additional background: The veteran Decentralized Finance protocol Balancer has experienced six security incidents over five years, with total losses exceeding hundreds of millions of dollars.) Based on the Base and Optimism chains, the decentralized lending protocol Moonwell was reported to have been attacked this afternoon. Security monitoring agencies BlockSec Phalcon and CertiK are both on the case.

Privacy Coin Zcash Soars, Reigniting the Privacy Narrative and Becoming a Hot Topic in the Cryptocurrency Space. This article is based on a piece by Will Owens, compiled, edited, and written by ForesightNews. (Background recap: Privacy Coin Frenzy! DASH surges 68% to $146, ZEC and DCR spike together, is compliance ushering in the Privacy Altcoin Season?) (Additional background: The Power Shift of Privacy Coins: Zcash's Market Capitalization First Surpasses Monero—What Trends Are Hidden Behind This?) The term cryptocurrency literally means "hidden" or "secret" currency. However, for most of its development history, privacy issues have long been overlooked by the industry. Only recently has the situation begun to change. Over the past few weeks, the privacy narrative has once again become a focal point. As one of the oldest and most well-known privacy coins, Zcash (ZEC) has been rising since September.

This article introduces how to add the Ether.fi Card virtual and physical cards, and link them to Apple Pay or Google Pay. It provides detailed instructions on the application process and binding steps, along with related promotional offers and the withdrawal advantages of the physical card. Additionally, it answers common questions for beginners, including spending modes and reward methods.