Abstract: Reuters reports that Li Lin is moving part of Avenir Group's investment team and trading systems to Bitfire Group, a Hong Kong-listed firm, in a $1.6 million deal to develop bitcoin-linked wealth products. Bitfire plans to launch a regulated bitcoin-denominated asset vehicle called Alpha BTC and to use bitcoin derivatives to attract assets, signaling Hong Kong's growing role as a regulated crypto hub, while Li Lin maintains ties to Hong Kong-listed crypto companies. Li Lin moves Avenir Group’s trading team to HK-listed Bitfire for $1.6 million, enabling Alpha BTC and regulated bitcoin exposure, as HK cements its crypto hub role.

The essay discusses the crowded positioning in the semiconductor market, with growing institutional interest amid AI investments. It highlights bearish sentiments from notable investors and pressures facing China's A-share sector, while also noting a shift towards exploring niche subsector opportunities.

Analysts observe that early exchange expansion phases historically coincide with increased retail participation and short-term liquidity-driven price acceleration patterns. Infrastructure-focused altcoins often receive attention before broader accessibility improves across global trading

ManusPay, an AI-powered cryptocurrency payment platform that focuses on integrating digital asset payments into mainstream commerce, today announced a strategic partnership with Alpha Pulse AI, an institutional-grade market analytics platform designed to help traders interpret price action, volume

Author: Yuanchuan Investment Review Anthropic's recent unemployment report sent chills down the spines of financial professionals. According to the report, the replacement rate for financial positions is as high as 94%, ranking 2nd among all professions, but the actual replacement rate currently stands at only 28%, leaving massive room for future growth. Fortunately, 30% of occupations are barely affected, so financial workers can consider alternative career options like dishwashing or plumbing. After spending a long time in the industry, one inevitably feels anxious—finance professionals live in a world of "constant comparison," where sales evaluations and performance rankings weigh heavily every day, and any pause in learning creates a sense of unease. It's like after the Spring Festival holiday ends, when a financial professional returns to their desk asking questions to a Chatbot, their colleague at the next desk has already raised 8 lobsters and is passionately debating crude oil price fluctuations. The financial industry has never rejected efficiency, from manual trading gestures to program trading, from offline bank sales to internet-based distribution.

Author: Kaff Compiled by: Yuliya, PANews TL;DR Bittensor is composed of 128 independent subnets, each functioning like a startup with its own token (Alpha), revenue model, and team. There are two ways to earn money: TAO emissions (protocol subsidies based on staking inflows) and Alpha token P&L (capital gains derived from subnet performance). Since Taoflow in November 2025, subnets with negative net staking inflows will receive zero emissions, and will either go live or be phased out. Approximately 3,600 TAO (~$960,000) is distributed daily across all subnets, with the top ten controlling about 56% of the total share.

Author: CryptoPunk Many crypto traders have experienced the same disappointment: strategies that appear stable and profitable in backtests quickly see their returns shrink when actually deployed, sometimes turning from profit into loss. The issue is often not "misjudging the direction," but underestimating trading costs, especially slippage. In crypto markets where bull and bear phases switch more rapidly, volatility is more intense, and order books are more fragmented, slippage is not a trivial decimal point—it is the real threshold that determines whether a strategy can survive. A deviation of just 2 or 3 basis points can, in high-turnover strategies, completely wipe out the theoretical alpha. Based on long-term backtests of BTC/USDT and ETH/USDT, this article aims to answer a very practical question: to what extent does slippage erode strategy returns, and which strategies are most likely to be killed by slippage? 1. Introduction: Why Slippage

This week, bitcoin strutted back above $70,000 like it owns the joint — and if Bitfinex’s latest Alpha report is right, the market may be quietly setting the stage for a rather dramatic encore. Bitcoin’s $70K Comeback Could Be Just the Opening Act, Bitfinex Analysts Say Bitcoin is heading into t

“In the crypto world, surviving is the biggest Alpha. As long as you're still at the table, you have the right to enjoy the feast.” Dragonfly Capital Managing Partner Haseeb Qureshi, in the latest episode of the East-West Capital Dialogue show 《168X》, shares insights from his eight-year experience in the crypto cycle, analyzing the intersection of AI and cryptocurrencies, bear market survival strategies, and why the Industrial Revolution took 50 years to impact GDP. This article is a summarized highlight of the 168X (@168X_Fortune) program, compiled and edited by Dongqu. (Previous context: Jane

Author: Cambrian Network Translation: Deep Tide TechFlow Deep Tide Introduction: This is the most comprehensive quarterly industry report on the integration of "AI Agent + Blockchain Infrastructure," published by Cambrian Network. The report not only provides a checklist but also analyzes the overall market evolution logic: from decision rule automation to LLM intelligence, from user key ownership to autonomous Agent execution, as well as the latest developments in key infrastructure standards like x402 payment standard, ERC-8004 identity protocol, and more. This report is essential for understanding the current landscape of the AgentFi sector and its trajectory toward 2026. Full text below: Since we published the previous issue of "Agentic" in December 2025