# Crypto Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Crypto", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

7 Crypto Trends and Lessons You Must Know in 2026

The crypto market in 2025 was marked by extreme volatility and a significant downturn, with most altcoins dropping 80–99% in value. Bitcoin outperformed, reclaiming over 60% market dominance, while Ethereum stagnated. Despite positive developments like clearer regulations and institutional adoption, equities significantly outperformed crypto. Key trends and lessons for 2026 include: - Prediction markets** grew rapidly, with platforms like Polymarket reaching $3.8B in weekly volume, serving as versatile trading tools. - Cash-secured puts and covered calls** emerged as conservative strategies for generating yield. - Narrative fatigue accelerated, shifting focus to fundamentals and real metrics, amid growing tension between equity and token holders in M&A deals. - Market-governed organizations like MetaDAO introduced “ownership tokens,” aligning incentives and giving token holders real control and value. - Tokenization of securities gained regulatory approval, paving the way for TradFi and DeFi convergence. - Consumer crypto products and perpetuals (reaching $1.3T monthly volume) demonstrated strong product-market fit. - Storytelling became a critical skill, with increased demand for authentic narrators and community builders. The market is maturing, emphasizing fundamentals, value accumulation, and competitive edges like clear thinking, storytelling, product-building, or disciplined trading.

深潮12/20 04:01

7 Crypto Trends and Lessons You Must Know in 2026

深潮12/20 04:01

In-Depth Analysis of Coinbase's Transformation into an 'Everything Exchange'

The article "Coinbase's Walled Garden" analyzes the company's strategic pivot from being a simple crypto on-ramp to an "Everything Exchange." Historically, Coinbase derived over 90% of its revenue from transaction fees, but as that business faced pressure from fee compression and volatile trading volumes, it has diversified. Now, less than 55% of revenue comes from trading. Coinbase's new strategy bets on aggregation over specialization, integrating stock trading, prediction markets, and perpetual contracts into its platform. The thesis is that once users complete KYC and link a bank account, they prefer the efficiency of a single platform rather than managing multiple specialized apps. This approach aims to capture more user engagement and revenue streams through various fees, spreads, interest, and subscriptions. A key engagement tool is prediction markets (like those from Kalshi), which provide social, event-driven reasons for users to stay active on the app even during stagnant crypto markets. The long-term differentiator could be Base, Coinbase's Layer 2 blockchain, which might enable true on-chain stock trading and programmable money. Ultimately, Coinbase is prioritizing scale over purity, targeting mainstream users who value convenience over decentralization. The goal is to create a "walled garden" held together by convenience—where the friction of leaving outweighs the benefits of using best-in-class specialists—similar to Amazon’s strategy of being "good enough" at many things to retain users across a closed loop of earn, trade, hedge, borrow, and pay activities.

比推12/19 22:38

In-Depth Analysis of Coinbase's Transformation into an 'Everything Exchange'

比推12/19 22:38

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