The Securities and Futures Commission of Hong Kong issued two consecutive circulars. What did it say and what impact did it have?

Author: Zhang Feng On November 3, 2025, the Hong Kong Securities and Futures Commission (“SFC”) issued two important circulars on the same day, namely the “Circular on Expanding Products and…

A comprehensive review of encrypted digital banks

Author: Stacy Muur, encryption analyst; Translation: xz@bitchainvision There was a time when managing crypto assets meant juggling multiple wallets, navigating complex exchanges, incurring high exchange fees, and grappling with real-world…

Buy when no one cares

On October 28, Strategy was downgraded to junk status by S&P, causing its stock price to fall by more than 15% in three trading days and dragging down the entire…

New Guidelines for Crypto Trading Supervision in Hong Kong: Promoting Liquidity and Expanding Product Services

Source: Official website of the Hong Kong Securities and Futures Commission, compiled by: Bitchain Vision The Hong Kong Securities and Futures Commission (SFC) published the “Circular on Shared Liquidity on…

Where will Bitcoin’s current cycle peak?

Source: On-Chain Mind, compiled by: Shaw Bitcoin Vision Let’s be honest, most Bitcoin price predictions are more like horoscopes than rigorous analysis.Bold predictions and “sky-high” targets may be interesting, but…

x402: Value exchange layer in the AI ​​Agent era

x402 Hot Background: Paying for the Absent AI Economy The rapid development of the AI industry has promoted the rise of the concept of agents, but most AI agents are…

Why do more and more people think the crypto market is becoming boring?

‍Remember the days when the crypto Twittersphere was like sitting in the front row of a movie theater watching a blockbuster movie? The market is like an out-of-control roller coaster,…

DeFi liquidity strategy: Poly, Perp, Pendle structured arbitrage

Author: danny; Source: X, @agintender Prediction market arbitrage has entered an advanced stage at the institutional level and has no direct relationship with ordinary people’s participation.This article aims to demonstrate…

Prediction Market Track: Differences from Casinos, Fatal Flaws and Ultimate Form

Author: Yue Xiaoyu; Source: X, @yuexiaoyu111 How do you understand prediction markets?Some people say this is a casino, others say this is a great innovation in information trading.So what exactly…

Payment revolution or narrative bubble?X402 protocol technical principles and breakthrough difficulties

Preface This week, the author fully ran through the X402 process from demo to application. The author has been paying attention to this protocol since Coinbase initially released X402 in…

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