Bank of England Governor Andrew Bailey stated that he believes inflation expectations have not become unanchored. According to Jin10, Bailey's comments come amid ongoing discussions about inflationary pressures and their impact on the economy. He emphasized the importance of maintaining stable inflation expectations to ensure economic stability.

一场藏在代码背后关乎 AI 未来控制权以及全球技术壁垒的大博弈相关。

Morgan Stanley strategist Serena Tang expressed a positive outlook on risk assets for the remainder of 2026. According to NS3.AI, Tang reaffirmed the bank's mid-2027 target for the S&P 500 at 8,300. She highlighted that AI spending is expected to continue bolstering investment. Morgan Stanley maintains a preference for U.S. equities over core fixed income.

Bitcoin has dropped from $82,000 to $77,000 since May 15. US Treasury yields are hardening. The MOVE index — which measures implied volatility in Treasury notes and serves as a barometer for global financial stress — has jumped from 69% to 85%. By any conventional measure, this is an environment where options traders scramble to buy protection, pushing implied volatility sharply higher. That has not happened. Bitcoin's 30-day implied volatility index is hovering around 42% — just above its year-to-date low of 40% — and the disconnect between that reading and the stress visible everywhere else in markets is the setup that volatility traders are now watching closely. Why low implied volatility matters here Implied volatility measures the market's expectation of future price movement embedded in options prices. When uncertainty rises — falling prices, stressed bond markets, geopolitical escalation — implied volatility typically rises with it as traders bid up the cost of options protection. The fact that Bitcoin's BVIV has remained near 2026 lows despite a $5,000 decline, massive ETF outflows, and the fastest repricing of Federal Reserve rate expectations in years suggests the options market may be underpricing the actual risk brewing beneath the surface. "In the options market, BTC IV is historically low: implieds have compressed to the high-30s/low-40s, printing new 2026 lows. That's cheap vol in absolute terms," said Jean-David Péquignot, Chief Commercial Officer at Deribit, the world's largest crypto options exchange with more than 70% of global crypto options market share. The trade: long straddles ahead of macro catalysts Low implied volatility is not inherently bearish or bullish for Bitcoin's price — but it does create a specific opportunity for volatility traders. When options are cheap relative to the actual uncertainty present in the market, buying volatility through strategies like straddles becomes attractive. A straddle involves simultaneously buying both a call option and a put option at the same strike price and expiry date. The call profits if Bitcoin's price rises significantly; the put profits if it falls. Buying both removes the need to predict direction — the trade profits from a large move in either direction, making it a pure bet on volatility expanding from its currently compressed level. "BTC vol being this cheap while price is at a key breakout level can be a good setup for long vol and long straddle positioning ahead of a macro catalyst such as the next CPI print or a Fed speech," Péquignot said. The Catalysts That Could Break The Calm The macro calendar provides several upcoming events capable of resolving the current tension between low implied volatility and elevated real-world uncertainty. Wednesday's April FOMC minutes at 18:00 UTC are the most immediate — any language suggesting Fed committee members discussed rate hikes rather than simply holding could trigger a sharp directional move in Bitcoin. The next CPI print, Warsh's first public communications as Fed chair, and any developments in the US-Iran situation each represent potential catalysts that could rapidly close the gap between what options markets are pricing and what the macro environment is signaling. The MOVE index's jump from 69% to 85% is a particularly important reference point. Treasury volatility at that level has historically preceded periods of elevated volatility across risk assets — and Bitcoin, which has become increasingly correlated with macro conditions following the institutionalization driven by spot ETF launches, is unlikely to remain insulated from that stress indefinitely if it continues to build. The Bottom Line Bitcoin's implied volatility near 2026 lows while prices are falling, bond markets are stressed, and geopolitical uncertainty remains elevated is an unusual and potentially short-lived condition. For directional traders, the $76,000 support level remains the key line to defend. For volatility traders, the current compression in BVIV — with high-impact macro catalysts on the immediate horizon — represents one of the more clearly defined setups the options market has offered this year. The calm before the storm is typically when straddles are cheapest. Whether the storm arrives from the upside or the downside, the options market appears to be underpricing the probability that it arrives at all.

The Federal Reserve is preparing for a leadership transition on May 22. According to Odaily, a meeting summary released at 2 a.m. UTC+8 on Thursday will reveal significant internal policy disagreements. Kevin Warsh is scheduled to be sworn in as the designated Chair of the Federal Reserve at the White House this Friday, with U.S. President Donald Trump presiding over the ceremony. The minutes from the Federal Open Market Committee (FOMC) meeting held on April 28-29 will serve as a crucial insight into policy differences before the leadership change. This meeting marks the last under Jerome Powell's tenure as Chair Pro Tempore of the Federal Reserve. The minutes are considered to reflect the most severe disagreements of this generation, particularly concerning interest rate paths and inflation assessments.

Gold prices have experienced a short-term decline, currently trading at $4,494 per ounce. According to Jin10, Iranian Parliament Speaker Mohammad Bagher Ghalibaf has stated that the United States is poised to enter another unwinnable and endless conflict.

Bank of England Monetary Policy Committee member Catherine Mann has expressed concerns about the potential for high inflation at the end of 2026 to become entrenched in wage agreements in 2027. According to Jin10, Mann highlighted the risk that persistent inflation could influence future wage negotiations, potentially leading to a cycle of rising wages and prices. Her comments underscore the challenges central banks face in managing inflation expectations and ensuring economic stability.

Anthropic,人工智能,AI 第一网红 Karpathy 加盟 Anthropic 图啥？ 金色财经,不是一次硅谷普通的跳槽，而是一场知识权力的迁移。

本文将评估 Circle 能否利用垂直整合来抵消收益业务的萎缩，而随着美联储每次降息，收益业务都在不断萎缩。

近期现货黄金继续遭遇猛烈抛售，跌破4500美元/盎司的心理关口，5月20日触及4453美元，创下自今年3月底以来的新低。

如果你过去两年一直在关注 RWA、Pre-IPO Token 和美股上链这几条叙事线，接下来这些值得认真看一遍。

“没有现金流的东西我看不懂，对稳定币也没兴趣。”九个月后，他在提交给SEC的Q1 13F报告中，出现了USDC发行商Circle（CRCL）的持仓记录。

特朗普政府正准备推出一项数字版证券交易计划, 随着其继续放宽对自由发展的加密市场的监管规则, 该计划可能会重塑美国股市的格局。

如果某一天，一台足够强大的量子计算机横空出世，会发生什么？

从高校最年轻英语讲师，到新加坡Web3头部媒体CEO，再到现任周星驰旗下香港上市公司比高集团Aitheia AI CEO，Laura的跨界人生，比电影还精彩。

OpenAI is dramatically expanding its global footprint by launching its first applied AI lab outside the United States in Singapore through a multiyear partnership worth more than $234 million, positioning the city-state as one of the company’s most important strategic AI hubs in Asia.