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On-chain analyst PlanB expressed the view on the X platform that, from the ETH/BTC comparison chart, Ethereum's overall performance over the past decade has been significantly weaker than Bitcoin.Data shows that the current ETH/BTC ratio is approximately 0.026, which is comparable to the level in March 2016, indicating that ETH has returned to the value position it held relative to BTC ten years ago. During the Bitcoin bull market of 2023/2024, ETH did not experience a significant increase, a similar situation also occurred in 2017 and 2021, and even now, Ethereum still lacks upward momentum relative to Bitcoin.

According to a report by Fortune, David Trainer, CEO of research firm New Constructs, analyzed that to support a valuation of approximately $1.75 trillion, SpaceX needs to increase its annual revenue to about $1.1 trillion by 2035, which is nearly a 60-fold increase from $18.7 billion in 2025, equivalent to maintaining an average annual revenue growth rate of about 50% over the next decade.According to the prospectus previously submitted by SpaceX, the company's revenue in 2025 is projected to be $18.7 billion, with a net loss of $4.9 billion. Trainer calculated based on a discounted cash flow model that if investors want to achieve an annualized return of about 10% over the next decade, SpaceX must achieve the aforementioned growth targets.Analysis indicates that if it reaches a revenue scale of $1.1 trillion, SpaceX's revenue would account for about 2.4% of the U.S. GDP in 2035, with an economic scale exceeding the entire U.S. utility industry and approaching three-quarters of the U.S. transportation industry.Trainer stated that although the artificial intelligence market has vast potential, many competitors, including Alphabet, Microsoft, NVIDIA, and OpenAI, are competing for market share, and SpaceX lacks historical precedent to achieve such a scale of growth. He believes that SpaceX could not only become the largest IPO in history but also the most expensive in terms of valuation.

A white hat hacker using the alias "0xflorent" stated on X on Sunday that he has helped recover approximately 1,003 ETH (worth about $2 million) from a faulty smart contract of the Hong Coin (HONG) token sale in 2016, involving 48 investors.Hong Coin was originally designed as a community-operated decentralized venture capital fund, with the token sale starting on August 29, 2016, and ending on October 28 of the same year, but it failed to launch due to not reaching its funding goal. The contract was supposed to automatically refund investors, but a vulnerability in the refund function caused the funds to be locked for nearly a decade.0xflorent collaborated with the HONG creator to exploit an administrator function with an integer overflow vulnerability, resetting the token holders' balances and triggering the refund mechanism through specific inputs, successfully extracting the locked funds. According to Etherscan data, one investor has already received a refund of 96 ETH (approximately $192,500). Previously, on May 24, 0xflorent also recovered 19.33 ETH from another failed token sale project from 2018.

VanEck analyst Matthew Sigel, whose managed assets total $200 billion, stated that the digital credit market could expand to $2.5 trillion in the next decade, while the price of BTC is expected to reach $1 million. Matthew Sigel noted that this goal is "absolutely within reach."

In the past ten years, the cumulative loss was $17.1 billion, involving 518 incidents; in the past five years, the loss was approximately $15.2 billion, involving over 450 incidents; in the past year, the loss was about $2.5 billion, involving over 140 incidents. Recent losses indicate that crypto attacks have shifted from smart contract vulnerabilities to private key leaks and access control.

DogPay announced a strategic partnership with DeCard to jointly launch the DogPay physical payment card, aimed at further bridging stablecoin assets with the global traditional payment network.It is reported that this payment card combines DeCard's regulated card issuance and settlement infrastructure with DogPay's modular digital financial platform. Eligible users can transact at over 150 million Visa-supported merchants worldwide, supporting real-world application scenarios such as offline POS machine consumption, retail shopping, and ATM withdrawals, thereby directly converting stablecoin balances into everyday purchasing power.DogPay officials stated that the launch of the physical payment card aims to meet the growing market demand for compliant and globally accepted digital asset payment tools, further promoting the deep integration of digital assets with regulated financial infrastructure.

Amazon announced that it will invest up to $25 billion in Claude's parent company Anthropic, with $5 billion available immediately, and an additional $20 billion to be injected in batches depending on the achievement of business milestones.Previously, Amazon had invested a total of $8 billion in Anthropic, and after this round, the total investment will reach $33 billion. In exchange, Anthropic has committed to spending over $100 billion on Amazon Web Services (AWS) over the next ten years and plans to deploy about 1 gigawatt of computing power through Trainium2 and Trainium3 chips by the end of the year, with a long-term goal of 5 gigawatts. After the announcement, Amazon's stock price rose about 2.7% in after-hours trading.It is worth noting that earlier this year, Amazon announced an investment of up to $50 billion in OpenAI, indicating that it is simultaneously betting on multiple leading AI companies to solidify its leadership in cloud infrastructure.

The dominance of the US dollar has always been a topic of concern, but Franklin Templeton believes that the dollar will remain the preferred currency. The Chief Investment Officer of the company's fixed income department, Sonal Desai, wrote in a report that the dollar's status is supported by three main pillars: the size of the world's largest economy, the depth of the market, and its institutional credibility.Sonal Desai pointed out that there are currently no reliable alternative assets, and it will take decades to establish the institutional infrastructure needed to support such a currency. The debate over the dollar's dominance has intensified, as Trump's erratic trade, geopolitical, and fiscal policies have weakened the appeal of US assets. Some analysts believe that the euro and gold are likely to become preferred reserve assets.

According to Jinshi Data, on Monday morning, Japanese government bond prices fell, and yields rose again to their highest levels in decades. Market concerns are growing that escalating conflicts in the Middle East will drive up inflation rates. The yield on 10-year bonds rose 6 basis points to 2.32%, close to the historic high set in January 1999.The yield on 5-year bonds rose 5 basis points to 1.72%, just a step away from its highest level since issuance. The fluctuations in Japanese government bond yields follow the movements of U.S. Treasury yields, which have been declining for several weeks and are currently at their highest levels in months.There are no signs of easing tensions in the Middle East, as Trump issued a 48-hour ultimatum to Tehran, demanding it open the Strait of Hormuz, or else he would launch attacks on Iran's power plants. This deadline will expire on Monday night New York time.

The founder of Bitcoin Strategy, Michael Saylor, posted on the X platform stating that during bank holidays, Bitcoin can still transfer any amount to any location in the world within minutes, with transaction fees of about $0.44 (approximately 1 sat/vB).During the previous "Blocksize Wars" period, there were widespread concerns in the market that Bitcoin would face a scalability crisis. However, more than a decade later, Bitcoin's on-chain transaction fees remain low, and network bandwidth resources are abundant. This outcome once again demonstrates that market mechanisms and technological innovations are often more effective in addressing systemic challenges than administrative emergency interventions.

At the "Build and Scale in 2026" themed forum held by ChainCatcher in Hong Kong, Michael, co-founder & CEO of the ZK verifiable computing platform Brevis, delivered a keynote speech on "The Infinite Computing Layer Where Everything Can Be Computed," sharing how ZK technology is driving a fundamental transformation in the blockchain computing paradigm.Michael pointed out that the current on-chain computing costs are high and the speed is slow. The "verifiable computing" paradigm proposed by Brevis can offload heavy computations to off-chain, requiring only low-cost verification on-chain, achieving decoupling of computation and verification while supporting privacy protection scenarios.The speech showcased the performance breakthroughs of Brevis's core product, Pico ZKVM: its latest generation, Pico Prism, can complete Ethereum block proofs in an average of 6.9 seconds, with 99.6% of blocks completed within 12 seconds, achieving real-time proof (RTP) for Ethereum for the first time. Currently, Pico ZKVM, as an "on-chain ZK data co-processor," has been applied in various scenarios such as privacy-preserving incentive distribution, high-performance DeFi, and trustless on-chain data computation, providing Rust programming support for developers with zero ZK development experience.Michael predicts that in the next 10 years, 99% of blockchain computing will occur off-chain, verified through ZK proofs. Brevis is driving this process through its verifiable computing infrastructure.

At the 2026 World Economic Forum in Davos, Zhao Changpeng stated that technology itself does not bring risks, but rather accelerates the exposure of existing problems, pointing out that the root of the banking liquidity crisis lies in the "fractional reserve system." He cited Binance as an example, stating that the platform once handled withdrawals of up to $7 billion in a single day, with no overall pressure.Zhao Changpeng predicted that with the maturity of blockchain and KYC technology, the number of physical bank branches will significantly decrease in the next decade. At the same time, he expressed reservations about direct payments in Bitcoin and Meme coins, believing that Meme coins are highly speculative, and the vast majority will struggle to last, with only a few like Dogecoin potentially enduring due to their cultural value.

Strategy founder and executive chairman Michael Saylor posted on the X platform, stating that the best-performing assets over the past decade are: digital intelligence (NVIDIA, NVDA), digital credit (Strategy, MSTR), and digital capital (Bitcoin, BTC).

Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin is expected to achieve sustained and robust returns over the next decade, but it is unlikely to replicate extreme annual gains. He pointed out that Bitcoin may enter a "long-term slow upward" phase, accompanied by relatively lower volatility, but will still experience periodic pullbacks. Hougan also maintains his view that Bitcoin will strengthen overall by 2026, believing that there is still upward potential for prices next year.Hougan believes that the recent pullback in Bitcoin has significantly converged compared to historical cycles, mainly due to the continuous and slow inflow of institutional funds, which provides support against price declines. ReserveOne Chief Investment Officer Sebastian Beau stated that there is still controversy over whether the four-year cycle of Bitcoin has ended, as the current price has quickly fallen about 30% from its peak, but has not yet experienced the deep adjustments of over 60% seen in previous cycles. Some market participants remain cautious, with trader Peter Brandt expecting Bitcoin to potentially dip to $60,000 in the third quarter of 2026.Regarding macro and policy factors, Hougan believes that the marginal impact of the Trump administration on Bitcoin prices is limited, as the regulatory stance on its "commodity attributes" has become relatively clear, and future policy changes may no longer serve as a major driving force for price increases.