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AI and Macro Insights

Saylor's perpetual motion machine for buying coins has stalled, the STRC 100 yuan anchor point has been lost, and the high-interest strategy has failed.

Strategy's perpetual preferred stock (STRC) has fallen below its $100 par value, Bitcoin funding engines are stalled, Michael Saylor's Bitcoin purchase plan has been thwarted, and marginal buying interest in the market is teetering on the brink.

OpenAI releases GPT-Image-2: Designers' livelihoods may really be at risk.

OpenAI has released its revolutionary image model, GPT-Image-2, which topped the LM Arena leaderboard with a score of 1512, achieving a generational leap. It possesses strategic-level visual intelligence, enabling it to autonomously complete research, design, and precise multilingual typesetting, completely revolutionizing traditional design workflows.

Cook's retirement and Truss's succession: The gap and reboot of Apple's trillion-dollar empire

Cook left behind a heavy "AI debt," with Apple's progress in artificial intelligence slow and its organizational structure fragmented, currently leaving it in a passive position of relying on its competitor (Google).

What does the outcome of the midterm elections mean for Trump and Crypto?

If Trump loses the House of Representatives in the midterm elections, crypto policy will shift towards executive order-driven approaches, but the window for core legislation is closing, and the industry is pushing hard to advance the legislative process in order to seize the opportunity for certainty.

Organizations and celebrities' creative ideas

Bitwise: Bullish on Bitcoin in the second half of the year; AI and regulation will fuel a new altcoin boom.

"Bitcoin is both digital gold and the future global settlement asset."

GMO's legendary prophet is once again bearish: AI can't save the US stock market; the current market situation is as dangerous as in 2000.

Investment guru Jeremy Grantham shares his 60 years of market insights, analyzing the AI ​​boom, the seven tech giants, and the current market bubble, emphasizing that understanding the big picture and value investing are the keys to long-term success.

Fu Peng's speech transcript: Why am I, a veteran of traditional finance, starting to embrace the crypto world?

The future of asset allocation is "traditional finance + cryptocurrency".

Conversation with Cobie: AI, Airdrops, K-shaped Divergence, and the Next Decade for the Crypto Industry

The crypto industry is delivering on its promises, but why aren't you making money?

McKinsey's latest report: Stablecoins are poised to enter the $4 trillion era, with six major markets potentially becoming new hotspots for fintech.

Fintech has entered its "fifth era," where profitability and compliance are paramount, and AI is "killing" mediocre financial companies.

VCs' View on Crypto Investment in 2025: 84% of 118 Tokens Have Failed to Their Initial Public Offering Price; Valuations Supported by Narratives Are Collapsing.

The real winners have captured the rapidly growing RWA market, and their core competitiveness lies in enterprise-level sales and integration depth.

Seize the opportunity

With Silicon Valley godfather Naval personally overseeing the process, AngelList is channeling unlisted growth companies into its USVC fund.

AngelList co-founder Naval Ravikant is leading the new fund USVC, which offers investment opportunities in unlisted growth companies like OpenAI and xAI with a $500 minimum investment. He explains how the pre-IPO channel can open up private market growth opportunities to ordinary investors.

The battle for market predictions has spilled over into derivatives; why are the two giants launching perpetual contracts simultaneously?

Leading players in the prediction market are extending their battle to the broader derivatives arena. On April 22, Polymarket and Kalshi announced almost simultaneously that both giants in the prediction market plan to enter the perpetual contract space.

Ethereum's meme season is back.

Mascots, aliens, and those crazy "sock men".

Web3 Matters

Hong Kong Web3 Conference Highlights (Continuously Updated)

The industry has entered a period of "hellish" growth, eliminating a large number of mediocre market makers and "tourist" investors, leaving behind mostly deep participants.

A retrospective of 20 hacking incidents: Why is the cryptocurrency world so prone to being hacked?

This article analyzes 20 cases of encrypted data theft, dissecting the two paths attackers take and explaining why a problem with one protocol can harm the entire ecosystem.

After AAVE was hit by a bullet, what did Spark do right to attract $1.3 billion in funding against the trend?

Aave suffered a multi-billion dollar run due to the rsETH vulnerability, while Spark, with its prudent risk control, attracted $1.3 billion against the trend. This DeFi crisis reveals the value of a security-first strategy, with funds shifting from pursuing efficiency to seeking stability.

MetaMask's co-founder is gone, leaving behind a little fox that's been included in the IPO prospectus.

Are you still using that little fox?

Key Information

• Japanese listed company Metaplanet issued 8 billion yen in zero-coupon bonds; the funds will be used to increase its Bitcoin holdings.

• Riot Platforms deposited another 500 BTC into NYDIG, equivalent to approximately $38.95 million.

• Grayscale's Ethereum staking mini ETF saw inflows of $337 million in Q1, ranking first among US ETPs.

• Cardano's ecosystem NFT marketplace, JPG Store, has announced it will close on May 23.

• MegaETH announced that its MEGA token, TGE, will be available on April 30th.

• Aave, together with its DeFi partners, is working to address the aftermath of the KelpDAO hack.

• Bitmine has staked over 98,000 ETH again, worth approximately $229 million.

• Coinbase adds VIRTUAL, PROS, and KAIO to its listing roadmap

• Morgan Stanley increased its holdings by 143.34 BTC, bringing its total holdings to approximately 1,964 BTC.

• Binance Futures will delist USDⓈ-M perpetual contracts such as B3 and DEGEN next week.

• Binance has launched a debit card page; registration for interest applications closes on April 30th.

• Robinhood launches ZEC

• Grayscale: Bitcoin price may have formed a stable bottom in the $65,000 to $70,000 range.

• Russia passes cryptocurrency bill on first reading; central bank to dominate market access.

• Etherealize updates its long-term ETH price forecast to $250,000.

• US media reports that SpaceX has reportedly agreed to acquire AI company Cursor for over $50 billion.

• Prediction markets Kalshi and Polymarket plan to launch perpetual contract trading.

• A whale withdrew 35,000 ETH from Binance and transferred them to BitGo escrow.

• Binance launched CHIP, an AI infrastructure lending protocol token, and marked it with a seed tag.