Cryptocurrency exchanges enter traditional finance, TradFi perpetual contract size doubles

[Alex Svanevik: AI Trading Agents Will Surpass Human Traders Within Two Years] According to The Block, Nansen CEO Alex Svanevik stated that AI trading agents are expected to surpass human traders within two years. Nansen is expanding its business from on-chain data analytics to direct trade execution, aiming to enable full on-chain asset trading through agents. Currently, the cumulative trading volume of related functionalities has exceeded $500 million. Alex Svanevik believes that AI agents possess greater diversity and adaptability but also face risks such as data contamination or manipulation. Nansen is testing its products through backtesting and simulated trading and has not yet deployed significant real funds. Among the 15 most actively traded perpetual contracts on the Nansen platform, approximately 10 are non-crypto assets such as the S&P 500, gold, silver, and crude oil.

Formula founder Vida announced on social media that she has sold nearly $7 million worth of put options on storage stocks, most of which will be exercised one month later. The decline of the storage sector is approaching its emotional limit, and traders believe that the market is unexpected and the implied volatility of storage stocks is at its highest historical percentile. The demand for AI revolution still exists, the fundamentals have not changed, and commodity prices are discounted by 35-50% compared to a month ago.

According to a Reuters survey, analysts have lowered their gold price forecasts for the first time since the end of 2023, but they expect central bank buying and concerns about fiscal sustainability to provide support. The median forecast for gold prices in 2026 by 29 analysts and traders is $4509 per ounce, down from $4916 three months ago; The average forecast price for 2027 is $4610, lower than the previous survey's $5100. Gold prices hit a historic high of $5595 per ounce in January, but spot gold has fallen about 22% since the outbreak of the Iran war due to intensified energy inflation and expectations of interest rate hikes.

The Nasdaq index rose, the Dow Jones index rose 1.19%, and the S&P 500 index rose 0.39%. Apple shares rose 0.7%, Nvidia shares rose 0.5%, Google shares rose 1.76%, Microsoft shares rose 2.8%, SpaceX shares rose 3.13%, Berkshire Hathaway shares rose 2.21%, Wal Mart shares rose 2.67%, and Coca Cola shares rose 6.08%. TSMC's stock price fell by 2.32%, Broadcom's stock price fell by 0.7%, SK Hynix's stock price fell by 7.12%, Micron Technology's stock price fell by 9.12%, AMD's stock price fell by 7.94%, ASML's stock price fell by 4.57%, Intel's stock price fell by 5.79%, Panlin Group's stock price fell by 8.94%, and ARM's stock price fell by 7.2%.

Strategy CEO Phong Le stated that Strategy's capital structure aims to ensure the resilience of MSTR throughout all stages of the Bitcoin cycle. （Cointelegraph）