U.S. initial jobless claims for the week ending February 21 were 212,000, below the expected 215,000 and the previous week's figure revised from 206,000 to 208,000. Continuing jobless claims for the week ending February 14 were 1,833,000, below the expected 1,858,000 and the previous week's figure revised from 1,869,000 to 1,864,000. The four-week moving average of initial jobless claims for the week ending February 21 was 220,250, with the previous week's figure revised from 219,000 to 219,500. (Jinshi)

The World Gold Council has issued a cautionary note regarding the current state of the gold market. According to Jin10, the council highlights concerns over high valuations and persistent macroeconomic risks. These factors necessitate a prudent approach for investors navigating the gold market. The council's warning comes amid ongoing global economic uncertainties, which could impact gold prices and investor sentiment. As the market continues to face volatility, the World Gold Council emphasizes the importance of careful consideration in investment strategies.

The World Gold Council stated that significant financial speculation could lead to increased demand for safe-haven assets, particularly gold. Gold will be supported by stronger inflation hedging demand and increased correlation between stocks and bonds. However, overvaluation and persistent macroeconomic risks necessitate caution. (Gold10)

EBay has announced plans to reduce its workforce by approximately 800 positions, representing 6% of its full-time employees. Bloomberg posted on X, stating that the company aims to align its staffing with its strategic priorities. The decision reflects EBay's ongoing efforts to adapt to changing market conditions and optimize its operations. The layoffs are part of a broader strategy to ensure the company's resources are effectively allocated to support its long-term goals. EBay's move comes as businesses across various sectors reassess their workforce needs in response to evolving economic landscapes.

HSBC strategists have halved their exposure to U.S. equities and increased their investments in emerging markets and Europe, citing strong economic conditions and growth in key cyclical indicators such as consumer spending and manufacturing over the past two months. "We are actively positioning ourselves in line with this stronger cyclical growth trend and have increased our holdings in non-U.S. equities," the strategists stated. They believe that positive technical indicators, positioning, and market sentiment will offset volatility stemming from concerns about geopolitics, trade, and artificial intelligence. Year-to-date, the S&P 500 is up 1.5%, while global equity indices excluding U.S. stocks are up 11%, and emerging market benchmarks are up 15%. (Jinshi)

The European Union Commission has announced a new counter-terrorism agenda aimed at bolstering the EU's ability to address evolving threats of terrorism and violent extremism. According to Jin10, the agenda, released on February 26, is part of the EU's internal security strategy, 'Protecting the EU,' and includes a series of comprehensive cross-sector measures designed to enhance prevention and response capabilities. Key aspects of the new agenda focus on improving risk prediction capabilities, strengthening online and offline security measures, and deepening cooperation with international partners. Additionally, the EU Commission has proposed legislation to combat illegal firearms trafficking and gun-related crimes. This initiative underscores the EU's commitment to safeguarding its citizens against security threats.

[email protected] posted on X. On February 27, a significant number of Bitcoin and Ethereum options are set to expire, with 116,000 BTC options and 206,000 ETH options reaching maturity. The Put Call Ratio for Bitcoin stands at 0.76, with a maximum pain point of $75,000 and a nominal value of $7.9 billion. For Ethereum, the Put Call Ratio is 0.77, with a maximum pain point of $2,200 and a nominal value of $980 million. The cryptocurrency market remains sluggish, with Bitcoin having briefly dipped below the $60,000 mark earlier in February. Throughout the month, Bitcoin has experienced weak fluctuations above this level. Tomorrow, options accounting for 20% of total open interest, amounting to nearly $9 billion, will expire. Bitcoin's open interest has reached a peak not seen in recent years. Thanks to a recent rebound, the implied volatility for both Bitcoin and Ethereum has increased, with BTC's main term IV at 47% and ETH's at 65%. This has somewhat alleviated the downward price trend, although market confidence remains low. In terms of trading, large-scale call options have dominated, especially following yesterday's rebound, with significant medium to long-term call transactions. Key options data indicates a comprehensive rebound in Skew, suggesting the emergence of market bottom-fishing forces. Despite these developments, the market remains bearish. The cryptocurrency sector lacks new capital inflows and notable hotspots, with pessimistic sentiments prevalent on social media. It appears the market bottom has yet to be reached.

HSBC strategists have reduced their overweight position in U.S. equities, opting to increase investments in emerging markets and Europe. Bloomberg posted on X that this strategic shift is driven by robust economic momentum in these regions. The decision reflects HSBC's assessment of global economic conditions and potential growth opportunities outside the United States. By reallocating resources, HSBC aims to capitalize on the promising economic prospects in emerging markets and Europe, which are currently experiencing strong economic activity.

DMG Blockchain has released its unaudited financial results for the first quarter of fiscal year 2026, revealing a revenue of 11.2 million CAD, marking a 2% decrease from the previous quarter and a 4% decline year-over-year. According to Odaily, the company mined 69 Bitcoins during the quarter, down from 72 in the previous quarter and 97 in the same period last year. The company's computing power increased by 10% to 1.76 EH/s. DMG Blockchain's cash, short-term investments, and digital assets totaled 58.6 million CAD, a 10% decrease from the end of the fiscal year. Total assets stood at 122 million CAD, reflecting an 8% decline quarter-over-quarter. The net loss was 2.2 million CAD, or 0.01 CAD per share, an improvement from the net loss of 3.1 million CAD in the same period last year. However, due to changes in the fair value of digital assets, the comprehensive net income shifted from a profit of 12.2 million CAD last year to a loss of 16.5 million CAD.

A recent analysis suggests that Citadel's actions may have contributed to calming the markets earlier this week. Bespoke Investment Group posted on X, highlighting the potential impact of Citadel's strategic decisions on market dynamics. The report explores how Citadel's involvement might have played a role in stabilizing market conditions amid recent fluctuations. While the exact influence of Citadel's actions remains a topic of discussion, the analysis underscores the significant role major financial entities can have on market trends. The report does not provide specific details on the measures taken by Citadel but emphasizes the broader implications of such interventions in the financial landscape.

Bitcoin is not just code; it is a social experiment shaped by countless participants.

The United States' exploitation of technological hegemony to seize global virtual assets is essentially aimed at maintaining its economic dominance and the status of the US dollar.

In the summer of 1858, a copper-core cable crossed the Atlantic Ocean, connecting London and New York.

A single quarterly settlement of $11.9 trillion: The size of the USDC is approaching half of the US GDP.

Samsung has unveiled the Galaxy S26 lineup, marketing it as the world’s first “agentic AI phone,” a device designed not just to answer prompts but to execute multi-step actions across apps on a user’s behalf.

Ethereum co-founder Vitalik Buterin has sold over 17,000 ETH, slightly more than he originally planned, to fund the Ethereum Foundation and support new projects. The Foundation continues to hold around 172,000 ETH and has released a detailed roadmap aiming for faster transactions, improved privacy, and long-term network development.

真正的护城河，从来不是某一项单点技术，而是无数个正确决策在时间轴上的复利。

Ethereum's "Rollup-centric" roadmap failed due to infighting, incentive misalignment, and self-inflicted delays, ultimately causing the network to lose ground through self-destructive competition.

Prediction market platform Kalshi has taken an unusually public stand against insider trading as the once-novel space faces intensifying scrutiny from regulators and institutional observers alike.

Tether has invested $200 million in digital marketplace Whop, giving the platform a $1.6 billion valuation. The deal will integrate Tether’s stablecoins into Whop, allowing creators to receive payments directly and expand globally.