The AI community has long been plagued by “middlemen swapping out the goods,” but the fact that large-model providers themselves are now launching an “exchange” is intriguing in its own right!

Today (November 12), at Baidu World Conference 2026, Robin Li officially launched “Token Exchange,” a trading platform for large models.

According to Li, a flurry of new models has been released over the past few months, and a whole host of token middlemen have sprung up. Developers often run into problems when buying APIs: prices for the same model can vary by several times, and ordinary users have no

The KGEN 1-hour chart is highly manipulated; a bullish engulfing candle can be overtaken by a bearish engulfing candle in the next candle.
#GateStockTalkSeason
$KGEN ‌

How can you develop a truly actionable trading plan for BTC trading?

Many BTC traders study the market every day, analyzing candlestick charts, trading volume, and various technical indicators. They also often discuss whether the market will rise or fall next. But when it comes to actually trading, a common problem arises: there are no clear entry criteria, stop-losses are decided on the fly, and traders don't know when to take profits.

This is why some people study the market for a long time, yet their account performance remains inconsistent.

To build a truly actionable trading plan, you

BTC Position Management: How to Allocate Funds Scientifically and Reduce Trading Risk?

In BTC trading, many people spend every day studying market direction and looking for the best entry and exit points, yet overlook an issue that may be more important than predicting direction: position management.

Why do some people correctly predict the market several times, yet ultimately fail to achieve the returns they hoped for? One reason is poor position sizing. A single oversized trade can wipe out profits from multiple previous trades.

First, determine the risk per trade based on your account ba

Why Can Frequent Trading Actually Make Your Account Smaller?

In BTC trading, many people watch the market every day, afraid of missing any rise or fall. When the price rises, they want to go long; when it falls, they want to go short. When they see an indicator signal, they can't resist opening a position. They may trade a dozen times a day and seem very diligent, but when they look back at the end of the month, their account balance may have shrunk.

Where exactly does the problem lie?

First, trading costs keep piling up. Every time you open and close a position, you may incur fees. If you

Damn, another Indian exchange has been hacked!

Gate ETF newly listed: $SOXL (SOXL)
🔹 Trading pairs: #SOXL5L / $USDT & #SOXL5S / $USDT
🔹 Trading time: November 12, 2026, 15:00 (UTC+8)
🔹 Supports 5x leveraged long and short trading for greater flexibility
Trade $SOXL:
https://www.gate.com/trade/SOXL5L_USDT
https://www.gate.com/trade/SOXL5S_USDT
Details: https://www.gate.com/announcements/article/102742

Why Aren’t DeFi Prices Determined by the Blockchain Itself? Understanding the Risks Behind Oracles

In the DeFi world, whether a loan can be completed successfully, whether a collateral asset will be liquidated, or even whether a stablecoin protocol can operate normally may all be affected by price data.

But the blockchain itself cannot directly know the real-world price of BTC, foreign exchange rates, or changes in the weather.

So how do smart contracts obtain this information?

The answer: oracles.

They are critical infrastructure connecting blockchains with external data, and a risk fact

Why do many people end up losing more even after setting stop-losses?

In BTC contract trading, many people know the importance of stop-losses and set stop-loss orders after opening a position. But strangely, some traders keep losing even though they have set stop-losses: the price rebounds right after they exit at a stop-loss; after they re-enter, the price starts falling again. After several rounds of this, not only does their capital shrink, but their trading mindset also deteriorates.

What exactly is going wrong?

First, the stop-loss is placed at an unreasonable level. Some people habitu

When judging the BTC trend, should you look at the daily chart or the 4-hour chart?

In BTC trading, many people look at candlestick charts every day but often run into a problem: the daily chart appears to be rising, while the 4-hour chart has already started falling; the 4-hour chart shows a buy signal, while the daily chart remains in a downtrend.

Which timeframe should you trust?

Actually, the daily and 4-hour charts do not contradict each other; they serve different purposes.

First, the daily chart is mainly used to determine the overall direction. It can help us see whether the market

In BTC Trading, Which Suits You Better: Trend-Following or Countertrend Trading?

There are two very common trading strategies in BTC trading: trend-following and countertrend trading. Some traders like to follow the market trend, looking for opportunities to go long when prices rise and to go short when they fall; others like to look for market reversals after a sharp rise or drop in price. So, what exactly is the difference between these two approaches?

First, trend-following: follow the market’s main direction. The core of trend-following is identifying the current trend and trying to find

Now almost no one says the bull market is still ongoing, so seeing Jiang Zhuoer's take felt refreshing. $BTC $ETH $SOL

With the Dollar Strengthening or Weakening, Which Is Truly a Friend to the Crypto Market?
Many people believe that when the dollar falls, Bitcoin rises; when the dollar rises, Bitcoin falls. But real financial markets are far more complex than this simple rule.
The dollar is a key pricing currency in the global financial system. When it strengthens, it often means global capital is reassessing the U.S. economy, interest rates, and risk-return prospects. If expectations for U.S. interest rates continue to rise, dollar-denominated assets may become more attractive, while other risk assets could

$ADA That familiar suffocating feeling again. No exhilarating drops, no satisfying rallies—just another layer of skin worn away every day. When it drops, people shout “buy the dip”; when it’s up two points, people shout “the bull market is back.” I just want to ask: who’s actually winning in this market? It sure isn’t me. Those on the sidelines laugh at the fully invested; the fully invested mock those who sold at a loss; those who sold at a loss curse the damn market makers. I can’t even get a seat where the market makers sit. Hang in there. The less there is to say about the market, the more

#美国就业数据今晚公布
Yes. In fact, a stronger U.S. economy could have a bearish impact on both BTC and U.S. stocks in the short term. This is one of the most intriguing macroeconomic paradoxes in today’s markets.

The key point here is not necessarily whether the employment data is strong or weak, but rather how this data shifts expectations regarding the Federal Reserve’s (Fed) interest rate policy.

Three possible scenarios

Unemployment claims Potential market reaction
Below 194,000 Strong labor market; higher likelihood that interest rates will remain elevated for longer. Downside risk for BTC and

AI Data Centers Suddenly Cooling? Microsoft Tightens Project Partnerships, Putting AI Computing Stocks on Alert!

AI data centers were once one of the hottest investment themes in capital markets. Whenever a large data center was announced, the market would quickly envision huge demand for GPUs, power, servers, and networking equipment.
But a series of recent adjustments by Microsoft has prompted investors to rethink the risks in this sector.
In addition to gradually winding down its computing power leasing agreement with Oracle, Microsoft has also stepped up its oversight of some data center

That article from yesterday—ah, maybe it was too accurate