The latest news—here are a few stories that are pretty interesting when you put them together.
Two companies in the AI world are going in opposite directions: slimming down and bulking up. Devv announced it’s shutting down. After serving over a million developers for three years, its founder is shifting focus to Multica, an AI agent platform. After three years building tools, they realized people still prefer using general-purpose assistants. That’s what you call working for the big model providers. Meanwhile, Doubao Work is opening up to third-party models for businesses. You can switch between Kimi, GLM, and DeepSeek from a single entry point. ByteDance’s move is a bit like opening a restaurant and letting customers bring their own food. It’s certainly generous—but you have to wonder how Doubao itself feels about it.
There’s a fearless trader on-chain: an account with a 100% win rate went 25x long on 19,491 $ETH an hour ago, worth $45.34 million, with an unrealized profit of $315,000. Five trades, five wins, $4.6 million in gains—it looks almost superhuman. But with 25x leverage, even a god can get liquidated in the blink of an eye. Feel free to watch, but don’t imagine yourself in their shoes.
There’s plenty of drama on the macro front. The US midterm elections are entering the home stretch, and markets have already started pricing in the 2028 presidential election. Trump is reportedly considering military action against Iran after the election. Meanwhile, US Central Command has come out to debunk claims about mines in the Strait of Hormuz, saying the entire shipping channel has been cleared by the US military. CryptoQuant’s founder added: this year, net inflows into $BTC ETFs have been close to zero, yet crypto prices have fallen just 7%. Those who wanted to sell have probably already done so. If ETF inflows resume after the election, the market could rebound. Take it with a grain of salt—don’t treat it as gospel.
Earnings season is heating up, too. Amazon, Coinbase, Strategy, Intel, and Sandisk are about to report. On OKX, prediction market odds for beating expectations range from 52% to 74%, showing a fair bit of disagreement. JPMorgan upgraded Palantir to overweight with a $262 price target, while Citizens moved Google’s parent company down to “Market Perform.” Same sky, two very different moods.
Commodities: WTI crude fell below $100 a barrel, down 1.23% on the day. Brent was also down 1%, while spot gold ticked up in the short term.
One last question: after seeing Devv get squeezed out by general-purpose assistants, who do you think will be next?
Two companies in the AI world are going in opposite directions: slimming down and bulking up. Devv announced it’s shutting down. After serving over a million developers for three years, its founder is shifting focus to Multica, an AI agent platform. After three years building tools, they realized people still prefer using general-purpose assistants. That’s what you call working for the big model providers. Meanwhile, Doubao Work is opening up to third-party models for businesses. You can switch between Kimi, GLM, and DeepSeek from a single entry point. ByteDance’s move is a bit like opening a restaurant and letting customers bring their own food. It’s certainly generous—but you have to wonder how Doubao itself feels about it.
There’s a fearless trader on-chain: an account with a 100% win rate went 25x long on 19,491 $ETH an hour ago, worth $45.34 million, with an unrealized profit of $315,000. Five trades, five wins, $4.6 million in gains—it looks almost superhuman. But with 25x leverage, even a god can get liquidated in the blink of an eye. Feel free to watch, but don’t imagine yourself in their shoes.
There’s plenty of drama on the macro front. The US midterm elections are entering the home stretch, and markets have already started pricing in the 2028 presidential election. Trump is reportedly considering military action against Iran after the election. Meanwhile, US Central Command has come out to debunk claims about mines in the Strait of Hormuz, saying the entire shipping channel has been cleared by the US military. CryptoQuant’s founder added: this year, net inflows into $BTC ETFs have been close to zero, yet crypto prices have fallen just 7%. Those who wanted to sell have probably already done so. If ETF inflows resume after the election, the market could rebound. Take it with a grain of salt—don’t treat it as gospel.
Earnings season is heating up, too. Amazon, Coinbase, Strategy, Intel, and Sandisk are about to report. On OKX, prediction market odds for beating expectations range from 52% to 74%, showing a fair bit of disagreement. JPMorgan upgraded Palantir to overweight with a $262 price target, while Citizens moved Google’s parent company down to “Market Perform.” Same sky, two very different moods.
Commodities: WTI crude fell below $100 a barrel, down 1.23% on the day. Brent was also down 1%, while spot gold ticked up in the short term.
One last question: after seeing Devv get squeezed out by general-purpose assistants, who do you think will be next?