Author: Frank, PANews Recently, the popularity of prediction markets has continued to rise, especially with smart money's arbitrage strategies being regarded as the gold standard. Many have started to imitate and experiment, as if a new wave of gold rush has begun. But behind the hype, how effective are these seemingly clever and reasonable strategies? How exactly are they executed? PANews conducted an in-depth analysis of 27,000 transactions made by the top ten profit-generating whales on Polymarket in December, exploring the true nature of their profits. After analysis, PANews found that although many of these "smart money" operations involved hedging arbitrage strategies, this hedging is significantly different from the simple hedging described on social media. The actual strategies are more complex, far from just a simple "yes" or "no" combination, but instead make full use of rules like "over/under" and "win/lose" in sports betting.

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a period of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility and fluctuations along the way," Matt Hougan said on CNBC on Friday. Hougan predicts a paradigm shift for Bitcoin. He expects this cryptocurrency to bid farewell to the four-year "boom and bust" cycle and transition into a "10-year grind" characterized by sustained but no longer explosive returns. In recent interviews and the company's annual outlook, Hougan forecasts that despite the digital

In-depth analysis of Polymarket: 27,000 trades by the top ten profit whales in December reveal the truth behind "smart money": the extremely high win rate is masked by a large number of open "zombie orders," with actual win rates only slightly above random; hedging arbitrage is far more complex than imagined, and blind imitation can lead to losses. (Background summary: Heaven, Earth, Humanity—why did the prediction market only explode after nearly 40 years?) (Additional background: 26 predictions about the development of prediction markets in 2026) Table of Contents 1. SeriouslySirius: 73% win rate masked by "zombie orders," and the complex quantitative hedging network 2. DrPufferfish: Turning small probabilities into large ones, the ultimate "profit-loss ratio" management art 3. gmanas: High-frequency automated assembly line operations 4. Hunter sim

BTC this morning quickly broke through $93,000, testing the psychological resistance. Asian stock markets also opened higher in sync, with the Taiwan stock index aiming for 30,000 points. (Background: Maduro was sanctioned, and the legendary "60 billion dollars worth of Bitcoin" in Venezuela—did the US swallow it?) (Additional context: Bitcoin returns to $91,000! The "clear rebound" of the attacking air force and the new situation in 2026) During the long weekend for most Wall Street traders, Bitcoin (BTC) started a rapid surge this morning (5). At the time of writing, BTC reached a high of $93,415, up 2.18% for the day, hitting its highest price in three weeks. In the short term, whether it can hold above $92,000 as the primary psychological barrier, with the next resistance target around $95,800. If it can break through smoothly, Bitcoin is expected to challenge the $100,000 mark again. Top ten

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will steadily rise over the next ten years, with strong but not astonishing returns, and will reach new highs in 2026 due to institutional adoption and regulatory support. He points out that the four-year cycle has ended, and Bitcoin's volatility will decrease, becoming a diversified asset. The expansion of stablecoins and asset tokenization will serve as long-term catalysts.

Author: Frank, PANews Recently, the popularity of prediction markets has continued to rise, especially with smart money's arbitrage strategies being regarded as the gold standard. Many have begun to imitate and experiment, as if a new wave of gold rush has started. But behind the hype, how effective are these seemingly clever and reasonable strategies? How exactly are they executed? PANews conducted an in-depth analysis of 27,000 transactions by the top ten profit-making whales on Polymarket in December to uncover the true nature of their profits. After analysis, PANews found that although many of these "smart money" operations employed hedging arbitrage strategies, this hedging differs significantly from the simple hedging described on social media. The actual strategies are more complex, involving not just straightforward "yes" or "no" combinations, but rather utilizing rules like "over/under" and "win/lose" in sports events to perform combined hedging.

Santiment’s recent snapshot of which crypto projects are doing the most development work feels less like market gossip and more like a progress report you actually want to read. In a short thread, the data firm shared its latest top ten for “AI & Big Data” projects by notable GitHub events,

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a period of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility and fluctuations along the way," Matt Hougan said on CNBC on Friday. Hougan predicts a paradigm shift for Bitcoin. He expects this cryptocurrency to bid farewell to the four-year "boom and bust" cycle and transition into a "10-year grind" characterized by sustained but no longer explosive returns. In recent interviews and the company's annual outlook, Hougan forecasts that despite the digital

The price of XRP has declined by approximately 1.1% over the past 24 hours and remains down 8.8% over the last 30 days. This makes XRP one of the weakest performers among the top ten cryptocurrencies, with only Dogecoin recording a

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will steadily rise over the next ten years, with strong but not astonishing returns, and will reach new highs in 2026 due to institutional adoption and regulatory support. He points out that the four-year cycle has ended, and Bitcoin's volatility will decrease, becoming a diversified asset. The expansion of stablecoins and asset tokenization will serve as long-term catalysts.

Lighter's LIT Airdrop Suspected of Insider Manipulation, On-Chain Data Shows a Few Wallets Divided Over $26 Million, Sparking Fairness Controversy in DeFi. At the start of the new year, the decentralized perpetual contract exchange Lighter launched the Lighter Infrastructure Token (LIT) airdrop plan, which was originally seen as a "model of reward" in the DeFi community. However, it is now embroiled in suspicion of "insider manipulation." According to on-chain analysts, a group of wallets appears to have coordinated their actions to pre-position and divide over $26 million worth of LIT tokens, triggering strong community backlash and distrust. Five Wallets' Master Moves: $500,000 USDC Invested to Receive 9,999,999.6 LIT

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a period of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility and fluctuations along the way," Matt Hougan said on CNBC on Friday. Hougan predicts a paradigm shift for Bitcoin. He expects this cryptocurrency to bid farewell to the four-year "boom and bust" cycle and transition into a "10-year grind" characterized by sustained but no longer explosive returns. In recent interviews and the company's annual outlook, Hougan forecasts that despite the digital

Author: Nancy, PANews 2025 is about to come to an end. Looking back on this year, Bitcoin has not only left a deep mark on the price chart but has also become a central narrative stage in great power games and asset allocation. Bitcoin.com News recently summarized the top ten most关注ed Bitcoin hot posts on Twitter in 2025. These posts clearly record Bitcoin's official entry into mainstream society, earning a "ticket" to the mainstream world, from debates over value logic, to policy implementation battles, to the reaching of mainstream consensus. They have attracted hundreds of millions of clicks, involving industry giants, political figures, crypto leaders, and investment tycoons. Elon Musk: Bitcoin relies on unforgeable energy Page views: 8.3 million October 14, US financial blog Zerohedge published an article stating, "Artificial intelligence has become the new global arms race, capital support..."

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a period of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility and fluctuations along the way," Matt Hougan said on CNBC on Friday. Hougan predicts a paradigm shift for Bitcoin. He expects this cryptocurrency to bid farewell to the four-year "boom and bust" cycle and transition into a "10-year grind" characterized by sustained but no longer explosive returns. In recent interviews and the company's annual outlook, Hougan forecasts that despite the digital

2025 is coming to an end, and the extreme concentration of global wealth has once again sparked political and social debates. According to Forbes statistics, just ten billionaires have collectively gained up to $730 billion in wealth within a year, and this staggering figure has prompted long-time advocate for income inequality, Senator Bernie Sanders, to issue a strong condemnation, claiming that the United States is sliding toward "oligarchy." On the other side, Elon Musk, the world's richest person, countered, insisting that this wealth comes from substantive innovation and production, criticizing politicians as "not creators, only takers." This debate of "creation vs redistribution" has become one of the most representative economic issues of 2025. Sanders angrily criticizes: 10 billionaires earned $730 billion in one year, "This is extremely immoral" In late December, Bernie Sanders on social media

Author: imToken Objectively speaking, for Crypto/Web3, 2025 will definitely be the most transformative year in the past decade. If the past ten years have been the "wild growth" of the crypto industry on the fringes of mainstream finance, then 2025 marks the first year of this species' official "legalization evolution": From stablecoins to RWA, from policy U-turns in Washington to regulatory frameworks in Hong Kong and the EU, the global regulatory logic is undergoing an epic paradigm shift. 1. United States: Crypto Enters a Period of Institutional Recognition For a considerable period, US regulation of the crypto industry has resembled a tug-of-war lacking consensus. Among them, the US Securities and Exchange Commission (SEC) under Gary Gensler has been particularly active, frequently using enforcement actions to define the legal boundaries of crypto assets, filing lawsuits,

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a period of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility and fluctuations along the way," Matt Hougan said on CNBC on Friday. Hougan predicts a paradigm shift for Bitcoin. He expects this cryptocurrency to bid farewell to the four-year "boom and bust" cycle and transition into a "10-year grind" characterized by sustained but no longer explosive returns. In recent interviews and the company's annual outlook, Hougan forecasts that despite the digital

Taiwan 2025: From social tragedies to livelihood policies, every incident affects the entire nation. In December, a random attack at Beishi Zhongshan Station resulted in 4 deaths and 11 injuries. In November, a universal cash distribution of ten thousand yuan was implemented. Trump's tariff disputes repeatedly impacted global trade. The celebrity flash mob incident escalated with over 10 people involved. Food safety crises, the Hualien dammed lake, and the Zhongzheng Professional Baseball League championship are among the events that define the year's memories.

XRP Shows Contradictory Trends: In December, ETF net inflows reached $424 million, but the price dropped 15%, making it one of the bottom ten. Institutions locked hundreds of millions of coins into cold wallets, reducing circulation and creating a "spring-like" supply mechanism. Retail investor sentiment is pessimistic, but the Canary XRP ETF has raised $300 million, with institutions mechanically increasing holdings. Once the supply black hole encounters renewed demand, prices may rebound sharply.

Bitwise Chief Investment Officer believes that Bitcoin will bid farewell to the four-year cycle, entering a decade of stable growth characterized by low volatility and institutional dominance, and reaching new highs in 2026 under favorable regulatory conditions. Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a phase of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility, and there will be ups and downs during this period," Matt Hougan said on CNBC Friday. Hougan predicts that Bitcoin will undergo a paradigm shift

Cardone Capital CEO, billionaire Grant Cardone, announced that in 2026 he will launch the world's largest real estate Bitcoin company, aiming to create "the next Michael Saylor." He plans to leverage monthly rental cash flow and depreciation advantages from real estate to purchase BTC, accumulating 3,000 bitcoins by the end of 2026. The company plans to bundle and list ten real estate and Bitcoin hybrid funds.

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a period of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility and fluctuations along the way," Matt Hougan said on CNBC on Friday. Hougan predicts a paradigm shift for Bitcoin. He expects this cryptocurrency to bid farewell to the four-year "boom and bust" cycle and transition into a "10-year grind" characterized by sustained but no longer explosive returns. In recent interviews and the company's annual outlook, Hougan forecasts that despite the digital

The People's Bank of China officially released the "Action Plan," announcing the full launch of the management and operation framework for the new generation of digital yuan starting January 1, 2026. The core breakthrough of this upgrade lies in establishing a "two-tier architecture," and for the first time explicitly states that commercial banks need to pay interest on digital yuan wallet balances to users, marking a significant transformation from a payment tool to an interest-earning asset. Vice Governor of the People's Bank of China, Lu Lei, pointed out that after ten years of research and testing, the digital yuan now possesses complete functions including a value scale, storage means, and cross-border payments, aiming to strengthen domestic currency circulation and financial stability. This systematic initiative not only aims to overcome current market adoption bottlenecks but also could have a profound impact on global digital currency standards and the cross-border payment landscape.

Bitcoin Expected to Deliver Moderate Gains Over the Next Decade, Experts Say While Bitcoin is projected to generate consistent returns over the next ten years, industry insiders suggest that spectacular year-on-year growth is unlikely. Instead, investors can anticipate a gradual, upward

Bitcoin hit a new high of $125,000 in October 2025, but looking back over the year, it was the first time in history to see a half-year decline, and the market remains divided on whether it's a bull or bear. Bitwise Chief Investment Officer Matt Hougan admits that the next decade will show a "strong but not surprising" price performance, while Jan3 founder Samson Mow believes a decade-long bull market is coming. The four-year cycle curse is here: what will Bitcoin's price do over the next ten years? Recently, in an interview with CNBC, Bitwise CIO Matt Hougan pointed out that Bitcoin has bid farewell to the era of early exponential surges, and over the next ten years, it will show a "strong but not surprising" upward trend: Market volatility will gradually decrease, and long-term growth will be steady, with 2026 still being a bullish year. In response to Bitcoin's decline from its high point in Q4 of this year,

WHITEWHALE is a Solana meme coin that launched on Pump.fun two months ago, with an initial market cap of $80,000. On December 2, on-chain data showed that the top 100 wallets' holdings dropped from 870 million tokens to 140 million tokens, an 84% decrease, with tokens flowing into mainstream liquidity pools. After Nansen detected signals of dispersed holdings, community enthusiasm surged, and the price skyrocketed by a hundred times within ten days.

A century-long debate about store of value reached a new climax at the end of 2025: data shows that since 2015, Bitcoin's price has surged by 27,701%, while silver and gold have only increased by 405% and 283% respectively. However, after reaching a historic high of $125,100, Bitcoin has now retraced to around $87,800, a decline of about 30% from its peak this year. In the face of volatility, Bitwise Chief Investment Officer Matt Hougan proposed a compelling new narrative: Bitcoin's future will be a steady 10-year "gradual rise," rather than the past boom and bust cycles. This contest between "digital gold" and physical precious metals, along with the turning points in Bitcoin's own development stages, together define the core contradictions and future direction of the current market.

Since 2015, Bitcoin has increased by 27,701%, while silver has risen by 405% and gold by 283% during the same period. However, Bitcoin critic Peter Schiff argues that the comparison should be made over the past four years rather than ten, claiming that the era of Bitcoin is over. The market responds that commodity prices tend to converge to production costs; when prices rise, output also increases, which then drives prices down unless the supply is fixed.

Long-term bullish macro analyst for Bitcoin, Luke Gromen, significantly reduced his Bitcoin holdings by the end of 2025, not due to sentiment or price, but because of a change in the "sequence" of macro environment judgments. He believes we are moving away from a finance-first world into an era of re-emerging realpolitik. This article is sourced from Cognition Alchemy, organized, compiled, and written by. (Previous context: Grayscale Outlook 2026 Ten-Thousand-Word Report: Top 10 Cryptocurrency Investment Opportunities and Pseudo Hotspots) (Additional background: Sentora Research: Bitcoin expected to challenge $150,000 in 2026! Three major catalysts are brewing) Table of Contents 1. What I was right about before, and what I was wrong about 2. Why does Bitcoin become vulnerable in deflation? 3. What truly changed my judgment is AI and robots 4.

Source: jez (@izebel\_eth） Compiled by: Azuma, Odaily Planet Daily Editor's note: Based on market rumors and the odds on Polymarket, it seems that the TGE for Lighter will happen on December 29, which is no longer a secret. As the final countdown to the token launch approaches, Lighter's founder and CEO Vladimir Novakovski participated in a Twitter Space interview hosted by jez (@izebel\_eth). During the conversation, Vladimir addressed questions from the community regarding the token launch date, points distribution, whitelisting, product updates, future direction, and community communication. Below are the highlights from Vladimir's interview, curated by Odaily Planet Daily.

PlanB pointed out that when Bitcoin last decoupled from the stock market and gold, BTC subsequently surged nearly 10 times within two years. (Background recap: Bitcoin frenzy, altcoins buried: a two-year bull market review, why are your assets shrinking?) (Additional context: The four-year cycle of Bitcoin is dead! Bitwise Chief Investment Officer: The crypto market has entered a ten-year endurance battle.) Currently, cryptocurrencies are showing a rare divergence from traditional financial markets. Bitcoin (BTC) has fallen over 30% from its October high; however, US stocks and gold continue to hit new all-time highs. According to TradeAlgo, this is the first time since 2014 that Bitcoin's annual return direction has been opposite to that of US stocks. History has triggered a 10x increase Against this backdrop, analyst PlanB, known for proposing the Bitcoin S2F model, stated that a review of early data reveals that

Bitcoin Expected to Deliver Moderate Gains Over the Next Decade, Experts Say While Bitcoin is projected to generate consistent returns over the next ten years, industry insiders suggest that spectacular year-on-year growth is unlikely. Instead, investors can anticipate a gradual, upward

Written by: Sofia Chierchio Translated by: Lemin Source: Forbes Elon Musk's pursuit of a trillion-dollar fortune is no longer just talk. At the beginning of the year, his net worth was $421 billion. By October, he became the first person in history to surpass $500 billion. Subsequently, the rocket manufacturer SpaceX launched a share sale plan, with a valuation reaching approximately $800 billion, making Musk the first person in history to have a net worth of over $600 billion. Soon after, a court in Delaware ruled that Musk could retain the massive stock option awards previously canceled by Tesla, which made him the world's first person to have a net worth exceeding $700 billion last Friday. As the year draws to a close, as of December 22, Musk's net worth has reached $754 billion. Musk is capable of

A bold Ethereum trade has captured the crypto market’s full attention. A well-known whale has opened a $58.6 million short position on ETH. This trader does not chase headlines or hype. Over the past ten weeks, the same wallet has secured nearly $25 million in realized profits through precision

_Ethereum TVL may surge in 2026 as stablecoins, tokenized assets, and institutional investors expand adoption, reinforcing Ethereum’s role as a global settlement layer._ Ethereum’s total value locked could rise sharply in 2026, according to Sharplink co-CEO Joseph Chalom. He sees growth in insti

In 2025, the wealth of the world's super-rich skyrocketed by $3.6 trillion, led by Elon Musk with an increase of $333 billion. The combined net worth of the top ten winners grew by over $729 billion, with American tech billionaires occupying the top five spots. This article is based on a piece by Forbes, compiled, edited, and written by Foresight News. (Previous summary: Elon Musk's net worth approaches $750 billion, a historic first! Courts restore sky-high salaries, SpaceX IPO sparks imagination) (Additional background: When Chinese crypto billionaires start buying gold, you should wake up: the market has already changed) Table of Contents 1. Elon Musk 2. Larry Page 3. Sergey Brin 4. Jensen Huang 5. Larry Ellison 6. Amancio Ortega 7. German

The crypto market faces significant selling pressure again tonight (26)! Bitcoin price drops below the $87,000 mark, currently at $86,785, down approximately 1.2% in the past 24 hours. Ethereum also weakens, falling below $2,900, with a 24-hour decline of 1.8%. (Background recap: Bitcoin celebrates, altcoins are buried: a two-year bull market review, why are your assets shrinking?) (Additional context: The four-year cycle of Bitcoin is dead! Bitwise Chief Investment Officer: The crypto market has entered a ten-year endurance battle) The crypto market faces significant selling pressure again tonight (26)! Bitcoin price drops below the $87,000 mark, currently at $86,785, down approximately 1.2% in the past 24 hours. Ethereum also weakens, falling below $2,900, with a 24-hour decline of 1.8%. Bitcoin trend. Image source: OKX Worth noting

As the US dollar outlook is questioned, gold and silver continue to lead the global asset markets. Analysts point out that this surge in precious metals not only reflects market risk aversion but may also signal a structural shift in the international monetary system. Meanwhile, Bitcoin, which has lagged behind, is being reevaluated by the market for its potential to catch up. (Previous summary: Bitcoin frenzy, altcoins buried: a two-year bull market review, why are your assets shrinking?) (Background addition: The four-year cycle of Bitcoin is dead! Bitwise Chief Investment Officer: The crypto market has entered a ten-year endurance battle) As Bitcoin's price retreated after reaching a historic high in October, the focus of global capital markets is shifting to precious metals. According to Forbes, several market analysts indicate that after a strong rise in gold and silver in 2025, there remains significant upside potential through 2026. This wave of precious metals行情，也可能為比特幣價格帶來

Bitcoin hovers around $87,000, with $27 billion in options expiring during the holiday low-liquidity period, and the market is on edge in anticipation. (Background: The four-year cycle of Bitcoin is dead! Bitwise CIO: The crypto market has entered a ten-year endurance battle) (Additional context: Galaxy Digital: After adjusting for inflation, Bitcoin has never actually broken above $100,000) Table of Contents 270,000 options contracts expiring, long and short hedging intertwined CZ: Early market driven by sentiment Altcoins diverge, capital shifts to specific themes The Christmas holiday just ended, and the cryptocurrency market remains cold. Early morning on December 26, Taipei time, Bitcoin (BTC) briefly dipped below $87,000 again, then recovered to $87,282 before press time, down 0.42% in the past 24 hours. Ethereum

Bitwise Chief Investment Officer Matt Hougan's latest report states that the four-year cycle driven by Bitcoin halving has become invalid. The three main driving factors—Bitcoin halving, interest rate fluctuations, and skyrocketing / surge volatility—have significantly weakened in influence or are reversing. Since the approval of the Bitcoin spot ETF in January 2024, the market has entered a "decade-long battle" phase. Retail investors, focused on short-term fluctuations, have fallen into despair, while institutions are forecasting stablecoins to surpass 3 trillion USD by 2030.

Bitcoin Christmas Price is at around $87,000, CZ specifically posted to encourage: "Those who knew to buy Bitcoin early" are the ones who decided to buy during times of fear and doubt. (Background summary: The four-year cycle of Bitcoin is dead! Bitwise Chief Investment Officer: The crypto market has entered a ten-year endurance battle) (Additional background: Galaxy Digital: After adjusting for inflation, Bitcoin has actually never broken $100,000) Table of Contents CZ: Defined by emotion in the early days Christmas prices over the years: lows often accompanied by long-term turning points Institutional perspective: FUD is seen as a discount period rather than a risk Bitcoin (BTC) fluctuated within a small range before Christmas, currently priced at about $87,700. Looking back at the all-time high of $126,000 set on October 6, it has fallen nearly 30%. This year's Christmas did not

The four-year cycle drivers of Bitcoin have significantly weakened, and the market is entering a decade-long endurance phase. Institutional investors and improved regulation will become the main driving forces. Investors need to adjust their mindset; an endurance battle means long-term returns are stable but volatility is reduced. It is important to recognize the significance of market corrections and to adhere to fundamental analysis.

Title: "Trillion-Dollar Stablecoin Battle, Binance Decides to Join Again" Author: Lin Wanwan, Dongcha Beating In 2024, the total on-chain transfer volume of stablecoins reached $27.6 trillion, surpassing the combined total of Visa and Mastercard for the first time. This figure was $300 billion five years ago and was nearly zero ten years ago. On December 18, a project called United Stables launched a new stablecoin, $U, in Dubai. Its reserves are not in cash or government bonds but a combination of USDC, USDT, and USD1 stablecoins. Collateralizing stablecoins with stablecoins is industry slang called "matryoshka." Binance Wallet immediately integrated, BNB Chain

Tomasz Tunguz, Founder of Theory Ventures Compiled by: Yuliya, PANews At the end of each year, Tomasz Tunguz, founder of Theory Ventures, systematically reviews his predictions for the past year and offers new insights for the year ahead. In his review of 2025, Tunguz scored his ten predictions (each worth one point) with an average of 7.85. This year, profound structural changes occurred in fields such as artificial intelligence, capital markets, data infrastructure, and crypto finance. These changes not only validated most of his predictions but also laid clear foreshadowing for the development trends of 2026. This article will review the market upheavals of 2025 and look ahead to the twelve major trends coming in 2026. PANews will provide an analysis of these two articles.

Bitcoin and Ethereum ETFs recorded sustained outflows since early November, with 30-day moving averages turning negative across major funds. Crypto investment products lost $952 million last week, marking the sixth weekly outflow in ten weeks amid institutional disengagement concerns. The

Written by: Zhixiong Pan Bitcoin Optech's annual summary has always been regarded as a technical weather vane for the Bitcoin ecosystem. It does not focus on price fluctuations but records the most authentic pulse of Bitcoin protocol and key infrastructure. The 2025 report reveals a clear trend: Bitcoin is undergoing a paradigm shift from "passive defense" to "proactive evolution." Over the past year, the community has no longer been content with merely patching vulnerabilities but has begun to systematically address existential threats (such as quantum computing) and, without sacrificing decentralization, aggressively explore the boundaries of scalability and programmability. This report is not only a developer's memo but also a key index for understanding Bitcoin's asset properties, network security, and governance logic over the next five to ten years. Core conclusions Looking at 2025, Bitcoin's technological evolution shows a trend of

In 2025, the crypto market experienced severe fluctuations, causing many to incur heavy losses. This article explores how to turn losses into growth opportunities, establish a strict risk management system to avoid repeating past mistakes, and ultimately build one's own moat in the market. This article is derived from a piece written by thiccy and organized, translated, and authored by PANews. (Previous summary: Michael Saylor is once again calling for Bitcoin to reach a million or ten million dollars: waiting for the day when Strategy controls 5% or 7% of the total BTC supply) (Background information: Arthur Hayes predicts Bitcoin will bottom out and rebound in January: The Fed will implement a form of QE, I have

Research institution Sentora Research pointed out that as the largest Bitcoin options expiry in history approaches, institutional funds are being reallocated through ETFs, and geopolitical risks may be easing, several key factors are simultaneously fermenting, paving the way for Bitcoin to embark on a new wave of bullish trend in 2026. (Previous summary: Michael Saylor calls for Bitcoin to reach one million, ten million dollars: until the day Strategy masters 5% or 7% of the total BTC supply) (Background information: Arthur Hayes predicts Bitcoin will bottom out and rebound in January: the Federal Reserve will effectively implement QE, I have

As enterprises introduce artificial intelligence ( AI ) to build autonomous work environments, the control permissions and security management of AI agents are becoming core issues in digital operations. In particular, highly advanced AI agents can execute tasks or make business decisions on behalf of user identification. Once security is breached, it could lead to the worst-case scenario where the entire organizational system is under control. Rubrik co-founder and CEO ( CEO ) Bipul Sinha ( recently emphasized in an interview: "In an era where agents handle business at superhuman speed, damage can occur tenfold in just ten minutes." He pointed out that the traditional security system struggles to manage 'agent governance', which is emerging as a new means of control. He explained: "AI agents operate business processes like humans and can sometimes even mimic user identification, thus possessing 'superhuman' attributes." To enhance agent security, Rubrik has launched

Author: Pan Zhixiong The annual summary of Bitcoin Optech has always been regarded as a technical barometer for the Bitcoin ecosystem. It does not focus on price fluctuations, but rather records the most genuine pulse of the Bitcoin protocol and key infrastructure. The report for 2025 reveals a significant trend: Bitcoin is undergoing a paradigm shift from "passive defense" to "active evolution." In the past year, the community has moved beyond merely patching vulnerabilities and has started to systematically address existential threats (such as quantum computing), while aggressively exploring the boundaries of scalability and programmability without sacrificing decentralization. This report is not only a memorandum for developers but also a key index for understanding the attributes of Bitcoin assets, network security, and governance logic over the next five to ten years. Core conclusion Looking ahead to 2025, the technological evolution of Bitcoin presents three core characteristics, which are also key to understanding the following 10 major events.