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Text | Tingtong Tech (ID: tingtongtech), Author | Chen Ke, Editor | Rao Yan Just when the market thought the Al video generation battlefield would still be a showdown between ByteDance and Kuaishou, a

Text | Tingtong Tech (ID: tingtongtech), Author | Chen Ke, Editor | Rao Yan

Just when the market thought the Al video generation battlefield would still be a showdown between ByteDance and Kuaishou, a "dark horse" entered the fray.

Without warning, without papers, without an official account, a mysterious video generation model called Happy Horse topped the overseas evaluation platform Artificial Analysis, becoming the new technological throne.

The shockwaves caused by this "three-no" product in the Al community are no less than when AlphaGo defeated Lee Sedol. However, all the "technical fingerprints" and personnel changes in the market point to the same destination: Alibaba. However, Alibaba did not admit it at the beginning.

After several days of market speculation, on April 10th, Alibaba finally claimed HappyHorse, stating that it was a model developed by its ATH (Alibaba Token Hub) Innovation Business Unit.

For Alibaba, "HappyHorse" is not the most eye-catching news this year. In fact, prior to this, Alibaba's series of actions-from the triple launch of three flagship models at the end of March, to Qwen 3.6 Plus breaking global usage records, and the restructuring of its technology command center-resembled a "hat trick," showcasing a new approach to Al development.

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Text | Tingtong Tech (ID: tingtongtech), Author |

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Iran war oil-price shock revives inflation trade and a new stablecoin play As the war with Iran and the closure of the Strait of Hormuz push oil prices higher, inflation is once again becoming a centr

Iran war oil-price shock revives inflation trade and a new stablecoin play
As the war with Iran and the closure of the Strait of Hormuz push oil prices higher, inflation is once again becoming a central concern for global investors.
In the U.S., inflation recently accelerated to around 0.9%, mainly driven by rising energy costs linked to Middle East tensions. Interestingly, core inflation (excluding food and energy) came in slightly below expectations, while February’s headline increase was around 0.3%, showing a mixed but still fragile inflation picture.
Against this backdrop, Michael Ashton, co-founder of the USDi stablecoin alongside Andrew Fately, argues that current crypto monetary design still has a major gap.
According to Ashton, the rapid growth of stablecoins has only solved part of the financial system inside crypto. In his view, they have successfully created a medium of exchange, but not a true store of value.
“The stablecoin boom has accidentally rebuilt only half of the monetary system,” he explained in an interview with CoinDesk. “Stablecoins solved the medium-of-exchange problem for crypto, but nobody solved the store-of-value problem.”
Today’s stablecoin market—worth roughly $300 billion and dominated by USD-pegged tokens—has become a core infrastructure layer for trading, payments, and liquidity across crypto markets. However, most of these assets are backed by cash or short-term Treasury bills, meaning they are designed to maintain a fixed $1 value rather than preserve real purchasing power over time.
As inflation rises, this creates a hidden risk. Although stablecoins appear “stable” in nominal terms, their real value can slowly erode. Ashton argues that institutions such as treasuries, neobanks, and cross-border payment platforms may already be exposed to inflation risk without fully pricing it in.


Iran war oil-price shock revives inflation trade a

BASED: Hyperliquid’s On-Chain Super App

One of the main challenges addressed by Executive Orders is balancing innovation with regulation. Cryptocurrency is a rapidly evolving technology, and excessive regulation could slow down development.

One of the main challenges addressed by Executive Orders is balancing innovation with regulation. Cryptocurrency is a rapidly evolving technology, and excessive regulation could slow down development.

At the same time, lack of regulation can lead to fraud, instability, and investor risk. Executive Orders attempt to find a middle ground by encouraging innovation while ensuring proper oversight.

This balance is critical for long-term growth of the crypto ecosystem.

Market Insight:
Short-term: Regulatory tension
Mid-term: Balanced frameworks
Long-term: Sustainable innovation



One of the main challenges addressed by Executive

HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow!Daily BTC Guess: Win 18M HTX! Paradigm Bets on Gen Z Talent Despite ‘Chaos’ Paradigm, the crypto investment firm managing over $12 

Paradigm Bets on Gen Z Talent Despite ‘Chaos’

Paradigm, the crypto investment firm managing over $12 billion in assets, is doubling down on hiring Gen Z talent even though co-founder Matt Huang openly acknowledges that some of the youngest recruits create significant internal disorder. The firm’s track record of turning teenage hires into senior leaders suggests the strategy is paying off.

Paradigm Bets on Gen Z Talent Despite ‘Chaos’ Par

Earn Limited-Time 10% APY on $HTX Staking

$GOLD This was the first big dip in what was a 2+ year rally without touching the Daily 200MA/EMA. Let's see if $BTC can join in on the fun over the high timeframe as well in the year(s) to come. HTX 

$GOLD This was the first big dip in what was a 2+ year rally without touching the Daily 200MA/EMA.

Let's see if $BTC can join in on the fun over the high timeframe as well in the year(s) to come.




$GOLD This was the first big dip in what was a 2+

WAR: Geopolitical Meme Coin on Solana

ULTIMA is once again showing an Inverse Head & Shoulders pattern on the weekly chart — the same one that led to 437%+ growth in the previous cycle. In 2023–2024, ULTIMA was trying to find support befo

HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow!Daily BTC Guess: Win 18M HTX! Cardano Faces Potential Volatility as Short Positions Liquidated Cardano (ADA) is experiencing signif



Cardano Faces Potential Volatility as Short Positions Liquidated

Cardano (ADA) is experiencing significant liquidation of short positions, with over $500,000 in shorts being wiped out in the last 24 hours as ADA trades near $0.25. This price point has been described by one anonymous trader as a "time bomb" ready to detonate.

Despite the short-term price fluctuations, on-chain data suggests underlying confidence. More ADA is moving off exchanges than onto them, indicating that larger holders may be accumulating and moving assets to private wallets. Additionally, the number of wallets holding 10 million or more ADA has reached a four-month high, even as the price has seen a slight decline. The recent liquidations reflect this tension, with shorts bearing the brunt of losses.

Long-Term Chart Pattern Suggests Imminent Breakout

Technical analysis points to a potential significant price movement for ADA, based on a chart pattern that has been developing since early 2022. ADA has been trading within a horizontal price channel, fluctuating between approximately $0.23 and $1.18. A descending trendline has formed within this channel since August 2025, meeting the lower boundary of the channel at the current price. This compression point typically precedes a decisive price breakout.

One anonymous trader is predicting an upside breakout to around $1.20 by the end of the week, which would represent a substantial gain from current levels. However, this bold prediction comes from an unidentified source, raising questions about its credibility and track record. An extraordinary claim like a 380% rally in under 48 hours requires more than just an anonymous analysis.

Cardano Faces Potential Volatility as Short Posi

WL: Ethereum L2/Sidechain

On April 13, Strategy founder Michael Saylor stated that the company's annualized return rate (ARR) for breakeven on Bitcoin investments is approximately 2.05%. If Bitcoin's price increases over time 

Michael Saylor: Strategy Aims for Infinite Self-Cycle with Bitcoin Annual Yield Above 2.05%

Cardano founder Charles Hoskinson ignited an open dispute with major ecosystem entities such as the Cardano Foundation and Emurgo, questioning the efficiency of their spending. The trigger for the dis

No More Parties? Cardano Creator Hoskinson Proposes Radical Shift to Secure ADA's Long-Term Price Ri

A commodity is a basic good that can be traded and is interchangeable with other goods of the same type. In the cryptocurrency world, assets like Bitcoin are considered commodities because they are de

A commodity is a basic good that can be traded and is interchangeable with other goods of the same type. In the cryptocurrency world, assets like Bitcoin are considered commodities because they are decentralized and not issued by a central authority.

The classification of a digital asset as a commodity has important regulatory implications. It determines which agency has jurisdiction and what rules apply to trading and market behavior.

Commodities are typically subject to less stringent regulations compared to securities. This allows for greater flexibility and innovation but also requires strong oversight to prevent manipulation.

Understanding whether a crypto asset is a commodity or a security is crucial for both investors and developers.

Market Insight:
Short-term: Classification debates
Mid-term: Regulatory clarity
Long-term: Defined asset categories



A commodity is a basic good that can be traded and

致力于连接数字资产与日常消费场景的加密钱包与加密卡平台@KoloHub宣布正式集成波场 #TRON 网络,将快速、低成本的 #波场USDT 支付能力引入Kolo加密卡。 通过将波场TRON高吞吐、稳定且低成本的网络能力与Kolo的支付基础设施相结合,此次集成进一步巩固了波场TRON作为现实世界数字支付底层区块链基础设施的地位,并推动稳定币作为实用型支付媒介的持续普及。 了解更多:

<p>致力于连接数字资产与日常消费场景的加密钱包与加密卡平台@KoloHub宣布正式集成波场 #TRON 网络,将快速、低成本的 #波场USDT 支付能力引入Kolo加密卡。<br /><br />通过将波场TRON高吞吐、稳定且低成本的网络能力与Kolo的支付基础设施相结合,此次集成进一步巩固了波场TRON作为现实世界数字支付底层区块链基础设施的地位,并推动稳定币作为实用型支付媒介的持续普及。<br /><br />了解更多: </p><div><img style="max-width:100%;overflow:hidden;" src="https://d1x7dwosqaosdj.cloudfront.net/images/2026-02/89c3446f049d4161a4ad909834b80c0e.jpg" alt="" /></div><br /><p></p>

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