Bitcoin is digital capital. I could spend a thousand hours explaining it to you, and you'd eventually understand, but you'd still have to endure a 45% crash.

The flow of funds from crypto to stocks is real and accelerating.

This time they joined forces, but it likely only lasted a few hours.

Retail investors are pouring into US stocks at a record pace, causing the relationship between the crypto market and US stocks to shift from "rising and falling together" to a "seesaw" effect.

The end of an identity crisis is often the disappearance of the identity itself.

The involved employee planned to help accomplices quickly profit $200,000.

The real issue isn't Jane Street, but the black box of price discovery in the ETF era.

If you are a volatility-harvesting trader, 2026 will be a "golden year."

My goal is simply to see and understand what has happened in the past, and then do my best to show it to you.

"The gentry's money is returned in full, the commoners' money is split 30-70." Reality is even more brutal than the movies.

BTC isn't dead; it's just constantly shedding its skin...

Bitcoin is increasingly resembling a macro-sensitive high-beta asset, particularly standing out during risk-off periods.

In the current environment where AI is impacting software stocks, investors must differentiate: Is this a temporary market panic, or is the moat truly eroding?

The VC industry is undergoing a paradigm shift from being "judgment-driven" to "deal-winning capability-driven."

The AI narrative is absorbing capital that originally belonged to Bitcoin and even software stocks.