VernacularBlockchain

Miners Stop Mining Bitcoin and Sell Electricity to AI
【Plain Language Guide】By March 2026, Bitcoin mining is fully unprofitable, with a net loss of about $20,000 per coin.
Miners did not hold on tightly but collectively "sold coins to switch to AI": publicly listed mining companies have sold over 15,000 BTC, redirecting valuable electricity to AI data centers. Giants like Core Scientific, MARA, and Cango have liquidated their Bitcoin holdings and teamed up with Wall Street to build AI infrastructure, with valuation premiums reaching up to 10 times. On-chain indicators (Hash Ribbon, MVRV Z-Scor

Superform Founder Interview: Banks, FinTech, and FTX All Collapse
【Plain Language Summary】This is an in-depth interview with the founder of the crypto yield protocol Superform.
Former professional trader Vikram combines his hands-on experience at top funds to deeply analyze the limitations of traditional finance and FinTech. The article directly addresses retail trading pain points, explains why “self-custody” is the only solution to prevent FTX tragedies, and shares how to create a transparent, secure, and fun “on-chain new bank” by simplifying UX and branding.
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Bitcoin's core players have not surrendered—they are buying in
【Plain Language Summary】Despite a decline of over 50% from its all-time high, institutional investors are showing strong resistance. Data indicates that ETF holdings denominated in BTC have only surpassed about 10%, far below the scale of retail investor sell-offs. Meanwhile, Bitcoin financial companies (such as MicroStrategy) are not only holding firm but continue to increase their positions.
On the technical side, the Hash Ribbons indicator has shown a bullish golden cross, and the price quickly rebounded after breaking below the

Exclusive Interview with Sui Founder: Why Ethereum and Solana Will Be Phased Out
【Plain Language Summary】In this episode, we interview Mysten Labs CEO Evan Cheng, who deeply analyzes how Sui is revolutionizing traditional blockchain "deposit paradigms" through its "Object Model."
In 2025, as global asset tokenization and AI agent economies rise, Evan details Sui's differentiated advantages in handling complex events, privacy compliance, and the shared liquidity layer DeepBook, revealing the underlying logic behind the efficiency leap from T+1 to T+0, and providing a first-principles perspectiv

Rob Hadick: The Impact of the Iran Situation on the Macro Market and Cryptocurrency
【Plain Language Summary】This issue of "Bits and Bips" provides an in-depth analysis of the complex game between geopolitics and the crypto market. Dragonfly partner Rob Hadick believes that the escalation of the Iran situation has pushed the macro environment into a "war pricing" phase. Although Bitcoin has shown resilience amid volatility, a deep decline in the stock market could also threaten the stability of crypto assets.
The interview focuses on the legislative deadlock of the "Clarity Act," analyzing the

6% Annualized Return, Elon Musk Declares War on Traditional Banks
【Plain Language Summary】In March 2026, William Shatner posted a screenshot showing a 6% annualized return, marking the beginning of a battle against traditional finance. X Money, leveraging zero-cost customer acquisition and cloud infrastructure advantages, targets the heartland of traditional banks and party branches with black metal cards, instant settlement, and ultra-high interest rates.
Despite facing regulatory red lines from the GENIUS Act and bans on New York licenses, Musk still aims to integrate financial management th

Miner Migration
【Plain Language Guide】This article reveals a historic turning point in the Bitcoin mining industry in 2026: driven by the dual pressures of halving and an AI computing power shortage, core scientific, anti-attack, and other mining groups are massively selling Bitcoin and clearing out data centers, transitioning into AI data center landlords.
Relying on credit supervision from mega cloud service providers (like Google), these companies are replacing large-scale mining operations with high-margin AI hosting contracts. The core assets of these miners have shifted from a "digital g

When AI Starts Paying Its Own Bills
【Plain Language Guide】The 30-year-sleeping HTTP status code 402 is being awakened by AI. Starting in 2025, the x402 protocol and ERC-8004 standard will emerge simultaneously, jointly tackling the ultimate challenges of AI agents' "autonomous payments" and "identity trust."
From micro-payments at the tens of levels to on-chain systems, a machine economy network that requires human intervention has begun to take shape. However, amidst the narrative of protocol explosion, underlying technological threats, regulatory gaps, and the hype around concept coins remai

The Future of AI Agents and Cryptocurrency
【Plain Language Guide】This conversation reveals a stark truth: crypto protocols are not designed for human sensibility and negligence, but are a paradise for AI agents.
From a human perspective, "bad UX" is exactly the "perfect interface" in the eyes of machines. As cutting-edge experiments like OpenClaw break free from legal responsibilities, AI will bypass cumbersome GUI constraints and directly promote financial order within the code system.
When automated agents become the main characters on the chain, the decentralized "monkey's adventure" of cry

The Rise of Circle: From Stablecoin Pioneer to Fintech Sector
【Plain Language Summary】This article provides an in-depth analysis of how Circle (CRCL) is leveraging major collaborations with Visa, Intuit, and LianLian International to push USDC from a crypto asset into the mainstream financial core.
Supported by favorable regulations in 2026 and a market capitalization of $80 billion, Circle is transforming the payment system through the digital economy revolution. Despite facing interest rate risks, its growth in non-interest income and institutionalized settlement infrastructure are positioni

How to Survive in the Industry Winter? First, Think About What Will Make You "Die Quickly"
【Plain Language Guide】In the cold winter of continuous market decline and chaos, it's time to step out of short-term emotions and consider the long-term prospects of blockchain technology.
The author firmly believes in its practical applications: stablecoins have become a necessity in regions like Venezuela and Nigeria, the boundaries between CeFi and DeFi are urgently blurring, and the financial systems built on blockchain are becoming more efficient, transparent, and sufficient. New communication t

Nearly half layoffs, stock price up 23%
【Plain Language Summary】On February 26, 2026, Block released an impressive Q4 financial report, with the stock price soaring over 23% after hours, and market capitalization skyrocketing by approximately $2.4 billion.
On the same day, they issued review notices to 4,000 employees, accounting for up to 40%. Jack Dorsey publicly stated: AI intelligent tools enable fewer people to accomplish more and better work. The internal “Goose” AI ecosystem has already taken over 60% of customer service and many engineering tasks, with 6,000 remaining employees transit

Wall Street Begins Buying Altcoins
【Plain Language Guide】This weekly report provides an in-depth analysis of the milestone event where Wall Street financial firms (such as BlackRock, Arrows) start directly purchasing altcoins like UNI, MORPHO from the secondary market, marking the beginning of an institution-led era in the crypto market.
The author points out that institutional endorsement and token buyback mechanisms will become catalysts for the next bull run. Although there is currently a bear market, he plans to focus on high-probability assets during the bottoming phase in Q3 2026. The ar

What’s going on with Ethereum?
【Plain Language Guide】This article, written by Pavel Paramonov, provides an in-depth analysis of the survival crisis facing Ethereum in 2026. The author points out that Ethereum’s core “centralized aggregation” roadmap has essentially failed due to excessive pursuit of technological ideology, serious internal conflicts, and misaligned interests.
The article bluntly states that Ethereum is falling into “self-consumption” due to a lack of clear direction, talent drain, and neglect of user needs, and calls for the Ethereum Foundation to undertake radical reforms and

Per capita profit of $85 million, the world's most profitable business is not AI
【Plain Language Guide】In 2024, Tether achieved a net profit of $13 billion with a team of only 150 people, creating an astonishing per capita profit of nearly $86 million, far surpassing Goldman Sachs by nearly 300 times and Nvidia by 85 times.
This USDT issuer makes easy money through the "stablecoin floating deposit game": users deposit USD to exchange for USDT, Tether invests in US bonds earning over 5% plus interest spread, generating over $4 billion annually, plus huge profits from gold and Bitcoin. It has be

Hyperliquid Founder: Why Cryptocurrencies Must Solve Financial Issues Before AI Takes Over the Financial Industry
【Plain Language Guide】In the fast-money pursuit of the crypto industry, Hyperliquid has leveraged a minimal team to generate hundreds of billions in value for humanity, becoming a phenomenon-level exception. This article features an in-depth interview with its last founder, Yan Jie, revealing how to build a neutral and transparent financial internet through underlying primitives like Hyper EVM and consumption licensing.
Jeff further emphasizes: Before AI intelligence surpasses us,

The Real Reason Most Cryptocurrency Traders Will Never Accumulate Wealth
【Plain Language Guide】Trading failure is not a personality flaw, but a "physiological limitation" of the human brain.
This article points out that in the era of information explosion by 2026, the core reason for traders' losses is not a lack of strategies or data, but their inability to maintain discipline under the physiological instincts of fear and greed.
The author emphasizes that the key to wealth is not to practice willpower intensively, but to establish a set of automated systems that eliminate human emotions and a

Happy Lunar New Year's Eve! Wishing everyone a prosperous Year of the Horse, leaping forward with the spirit of the ox ❤🎉🎉 #crypto

AI Agent Payment Infrastructure: The Development Direction of Cryptocurrency and Big Tech Companies
【Plain Language Introduction】As automation advances toward full autonomy, payment capability becomes the key for AI Agents to operate without human intervention.
This article provides an in-depth comparison of two mainstream paths in 2026: the "approval-based" controlled model built on existing ecosystems by big tech companies (such as Google AP2), and the "decentralized" open protocol achieved through smart contracts in cryptocurrencies (such as ERC-8004 and x402).
The former focuses on securit