opportunities

Catherine Chen, the head of VIP and institutional business at Binance, stated in an interview with The Block during Token2049 that traditional hedge funds, which previously took a wait-and-see approach, are now showing a stronger interest due to the emergence of arbitrage opportunities related to traditional financial instruments such as cash stocks and perpetual contracts on crypto platforms.She pointed out that the improvement in market depth, combined with 24/7 trading and weekend price discovery mechanisms, makes these opportunities more realistic. She also mentioned that when the same tools are offered on second- and third-tier platforms or in DeFi venues, liquidity often falls short of hedge funds' needs. However, she emphasized that this process is still in its early stages and does not expect a surge in capital inflows overnight, with the next 12 to 18 months being worth close attention.Similar changes are happening on the other side of the market. Chen indicated that their crypto-native clients are incorporating more tools linked to traditional financial products to build hybrid investment portfolios. The data she cited showed that the scale of Binance's cash stock assets has increased from about $800 million to $900 million to $1.4 billion, while the trading volume of traditional financial perpetual contracts has risen from about $20 billion to $30 billion per month when launched at the beginning of this year to about $400 billion every 30 days. She believes that tokenization and cross-asset trading are still in their early stages, and regulatory clarity will determine the ultimate integration of traditional and crypto trading more than the product offerings of a single platform.

According to CoinDesk, executives in the cryptocurrency industry believe that the failure of the Clarity Act will create opportunities for decentralized finance, but established exchanges may continue to maintain a competitive advantage.Related initiatives from the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission may promote the expansion of regulated on-chain trading and increase institutional participation. Legal experts indicate that the regulatory framework is expected to progress gradually, but there are still gaps that need to be addressed by the U.S. Congress.

Renowned trader Killa stated that Bitcoin has once again failed to break through $87,000, and the 10x leveraged long position he previously established has been stopped out at breakeven. This position was part of an aggressive trend continuation trade, originally expecting BTC to break through during the second test of the high, but after the failure to break, the price returned to the entry point.Killa mentioned that he will focus on the $80,000 to $82,000 range next, looking for opportunities to re-establish the 10x leveraged long position. Currently, he still holds long positions established at $62,600 and $76,400, and there is no reason to rush into adding new long positions. He emphasized that risk management is crucial, and his existing BTC holdings are sufficient. Regarding future trends, Killa maintains a bullish outlook, expecting prices to continue rising. He believes that the current market is in a short-term oscillation, while he primarily trades based on longer cycles.

Cryptocurrency trader Ansem posted that frequently monitoring the market and judging price trends based on 15-minute candlesticks can easily lead to overtrading. Investors should manage their spot, perpetual contract, and high-risk on-chain trading accounts separately, and should not attempt to catch every local top and bottom, as this may harm long-term investment returns. Instead of frequent trading, it is better to study historical bull markets and observe how long upward trends typically last.The upward cycles of altcoins are usually faster, often outperforming the market for 4 to 6 months, after which new market leaders emerge, especially after a market capitalization growth of more than 10 times. However, there may be a few exceptions in this cycle: some altcoins may see significant revenue growth alongside price increases, thus their fundamentals may improve simultaneously.In past cycles, altcoins primarily peaked due to shifts in market attention and weakening momentum, but in this cycle, if some projects experience substantial changes in revenue and other data, institutional funds may continue to buy actively, and investors need to adjust their original judgments in a timely manner based on new information.In the last cycle, Bitcoin bottomed out in January 2023 and peaked in October 2025, with an upward trend lasting about 33 months. If this cycle bottomed out in July, it is currently only in the 4th month.It is believed that in a longer-term bull market, multiple "mini-bulls" led by specific altcoins will emerge, and investors need to identify these phase-strong assets and continuously reinvest profits into high-performing targets, allowing short-term winners to gradually transform into long-term investments.

The two-day AI Summit (China·Chongqing Station) hosted by Star River has successfully concluded on September 29, 2026. Star River founder Jemmy, co-founders River He and Bison Liu attended the summit and engaged in in-depth discussions with the guests present.This summit focused on cutting-edge innovations in the AI industry, discussing the implementation of technology applications and the construction of industrial ecosystems. Several industry guests shared the latest practices and thoughts on the implementation of AI in the industry. DGrid AI participated in the topic discussions as a partner. DGrid AI is a decentralized AI intelligent reasoning network that provides developers with low-cost, verifiable AI multi-model calling services through a unified access layer, which attracted attention on-site.Participants engaged in in-depth discussions on topics such as the implementation of AI technology applications, the construction of developer ecosystems, and collaborative innovation in the industry, reaching multiple consensuses. The organizer, Star River, stated that it will continue to build industry exchange platforms in the future to promote AI technology innovation and industrial implementation.

During an interview with The Block at the Ondo event held in Seoul, South Korea, Ondo Perps CEO David Wells stated that offering perpetual contracts in the United States is a "huge opportunity," and that it is "reasonable" for Ondo to explore such expansion. He mentioned that everyone is paying attention to the U.S. because there are now more opportunities opening up that were previously impossible. However, he also noted that U.S. perpetual contract products will differ from existing products, with structures that vary from non-U.S. markets.Wells' remarks come as U.S. regulators are testing how perpetual contracts can enter the U.S. market with several companies. In August, Trump stated that the CFTC is "bringing Hyperliquid to the U.S. in a fully compliant and legal manner." Kraken's parent company, Payward, has announced plans to launch Hyperliquid's HIP-3 perpetual market for eligible U.S. customers through the CFTC-regulated Bitnomial Exchange and NinjaTrader Clearing. Coinbase has also applied to launch single-stock perpetual contracts in the U.S. Earlier this month, Ondo Finance submitted a letter to the SEC and CFTC arguing that U.S. stock perpetual contracts fall under the securities futures category as defined by the Commodity Futures Modernization Act of 2000.Wells indicated that while the U.S. version of perpetual contracts and its market structure may be similar, settlement and clearing would need to change to comply with U.S. regulations. He did not confirm any plans to enter the U.S. market, stating that the team has not "gone too far" in exploring the U.S. market.

HashKey, a digital asset financial services group, is evaluating more acquisition targets, strategic investment opportunities, and potential collaborations in Asia and the Middle East.Eric Zhu, Chief Financial Officer of HashKey, stated in an interview with Mergermarket that capital deployment over the next 12 to 24 months will focus on transactions and liquidity, custody, clearing and settlement, payments, and tokenization, with priority markets including Singapore and Southeast Asia, Japan, and the Middle East. HashKey is evolving from a single trading platform into a comprehensive provider of digital asset and financial services infrastructure.

Bitwise Chief Investment Officer Matt Hougan published a statement discussing U.S. cryptocurrency policy, stating that the U.S. originally had the opportunity to make the cryptocurrency industry safer, promote investment, and ensure it continues to lead the global financial markets for the next 50 years, but is currently sacrificing this opportunity for short-term political gains.

Liquid Capital founder Yi Lihua stated, "In the past two days, expectations of interest rate hikes have emerged, leading to a divergence in market trends. Since negative news has appeared, there are two possible scenarios: one is a real interest rate hike, which would lead to a short-term drop below 76,000, followed by a period of consolidation before rising again. The other is no interest rate hike, which would lead to continued upward movement. Regardless, it's best to trade spot without leverage."During an exchange at a business school in Shenzhen, Yi Lihua pointed out several opportunities in the next three years: one is mainstream BTC/ETH spot trading around four times, aiming for ten times with effort in swing trading. Another is trading infrastructure, which still presents hundredfold opportunities, as the core demand of blockchain is trading. The third is the IPOs defined by CZ, where stocks and IPOs are brought on-chain, resulting in truly high-quality assets that were once white paper tokens bidding farewell completely.

Berkshire Hathaway CEO Greg Abel stated in an interview with CNBC that the company plans to hold its stakes in Japan's five major trading companies as a long-term investment, expecting to hold them for decades. Currently, Berkshire holds over 10% of shares in each of the five major trading companies and is continuously exploring other cooperation opportunities in Japan and overseas with these enterprises. Abel also mentioned that despite the 10-year Japanese government bond yield rising to about 3%, the five major trading companies do not view the rise in interest rates as a fundamental challenge, and Berkshire still plans to issue yen bonds as needed.Regarding AI investments, Abel stated that the rapid development of artificial intelligence and the practical applications of AI by Berkshire's subsidiaries are among the important reasons for the company's optimism about Alphabet. On the construction of AI data centers, he believes that energy supply and related infrastructure development remain major constraints, which also presents significant opportunities for Berkshire and Berkshire Energy. Abel pointed out that the company is willing to provide energy services for large tech companies' data centers, but on the condition that it does not harm the interests of other customers and should bring net benefits to the local community.In terms of the U.S. housing market, Abel stated that Berkshire takes a long-term view of the housing industry, believing that the "American Dream" will continue, but there will not be a rapid recovery in the short term, and the industry may still face fluctuations for some time. Regarding the overall economy, he noted that most of Berkshire's large businesses performed strongly as of the second quarter, with demand still robust, but American consumers are under significant pressure and need to be more cautious in managing their income; overall, the economic fundamentals that Berkshire currently sees remain "very strong."

Digital asset management company Grayscale stated that by the end of 2025, the proportion of company stocks held directly and indirectly by American households' financial assets will reach 46.71%, up from 43.99% a year ago. Grayscale's research director Zach Pandl pointed out that the increase in stock asset concentration and high valuations has enhanced the opportunity for cryptocurrency to be used for portfolio diversification.Grayscale indicated that the long-term earnings growth expectation for the S&P 500 index rose to over 25% on August 28, significantly higher than the historical range concentrated between 10% and 15%. The agency believes that after the market adjustment, the valuation, leverage levels, and investors' long positions in cryptocurrency assets have all decreased.Data released by Grayscale shows that the 90-day correlation between Bitcoin and the Nasdaq 100 index has dropped from over 60% to about 33%, while its correlation with gold has risen from nearly 0 to over 50%. Grayscale also noted that Bitcoin's historical volatility is higher than broad equity indexes and does not always serve as a safe-haven asset.

Rapha Zagury, CEO of Twenty One Capital and founder of Elektron Energy, stated during his speech at Bitcoin Asia 2026 that the Bitcoin network is experiencing its first-ever bear market in hashrate. The hashrate of the Bitcoin network was close to 1.3 ZH/s at the end of last year, but has since been slowly declining, with the duration of this decline from the historical peak now setting a record. Zagury believes that Bitcoin mining is not simply a "good business" or "bad business"; it largely depends on where the mining company stands on the cost curve. Mining companies with lower energy costs and higher machine efficiency can maintain higher profit margins, while those with high energy costs and low equipment efficiency may be forced to shut down.Currently, while the Bitcoin hashrate price has improved compared to before, it is still at a relatively low level when measured against historical standards. When the price of Bitcoin rises faster than the growth of the network's hashrate, mining is more likely to outperform BTC. For companies, he believes that the best risk-adjusted allocation is not simply choosing to "buy BTC" or "mine," but rather a combination of both; however, if only $1 can be allocated, he suggests prioritizing the purchase of BTC. Regarding energy issues, Zagury stated that energy consumption itself does not imply waste; energy is the foundation of economic development and human progress. He believes that one of the greatest characteristics of Bitcoin mining is its highly flexible load, as mining machines can quickly turn on and off based on energy supply, thus helping the grid absorb idle or surplus electricity and enhancing grid stability to some extent. Additionally, he believes that Bitcoin mining is generating "option value" that was not previously apparent, including aspects such as energy utilization, market share, proximity to the Bitcoin protocol, and infrastructure. With the growing demand for AI and high-performance computing (HPC), the existing energy and data center infrastructure of mining companies may also gain additional application scenarios such as AI computing power. Currently, among large publicly listed mining companies, there are fewer and fewer that can continue large-scale Bitcoin mining, and the industry is at a critical stage where the energy revolution intersects with the Bitcoin revolution.

Trader Wang Xiaoer posted that he has recently reflected on missing several leading projects of Robinhood Chain, believing that this ecosystem is one of the few incremental markets in the cryptocurrency space, while also having its own token listing channels. Therefore, he sees certain opportunities in the leading projects emerging on-chain.He also stated that the market is not far from the next bull market, and there is no need to feel anxious about missing previous opportunities. He will return to on-chain trading through the Pump.fun App to practice trading skills for the potential bull market.

At the Bitcoin Asia Conference, Simon Gerovich, CEO of the Japanese listed company Metaplanet, stated that the bottom of Bitcoin has already appeared, and the opportunity moment for Asia has arrived. He pointed out that the past few cycles belonged to the West, while the first Asian cycle has begun.Gerovich revealed that since Metaplanet shifted from hotel and technology businesses to Bitcoin reserves in 2024, it currently holds approximately 43,000 Bitcoins, valued at about $3.3 billion. He emphasized that Japanese households hold about $14 trillion in financial assets, with approximately half stored in nearly zero-yield bank deposits, and these savings are looking for new destinations.Gerovich called on Asian businesses, institutions, and savers to seize the current market conditions and build Bitcoin infrastructure in their respective regions. He stated that the end of cash hoarding strategies coinciding with the introduction of new regulatory rules together constitute the biggest opportunity in today's Asian market.

"White-haired stock god" Serenity posted on the X platform, stating that after a series of fact sheets released by the U.S. government recently, the future key industries that the U.S. will support and develop can be seen more clearly.Serenity pointed out that this week the U.S. government released policy documents related to the "Golden Age of Space Transportation," with the space industry becoming a key focus area. She believes that the relevant policy goals will promote the development of the launch industry and may benefit companies in the space industry chain, including rocket manufacturers.The U.S. government has set a goal of achieving 1,000 launches and re-entry missions annually by 2030, with rocket companies like Rocket Lab (RKLB) expected to be beneficiaries. In addition, Serenity mentioned that this month the areas of focus for U.S. policy also include: tariffs on drone components; U.S. mining and critical mineral resource cooperation; adjustments to polysilicon supply chain tariffs; and other strategic industry policies. By continuously observing U.S. government policy documents, one can more intuitively judge the industry directions that the capital market will focus on in the future and help investors discover potential industrial opportunities.