Was $60K the bottom for Bitcoin or do we go lower?
Market focus for next week (UTC+8): Eurozone August PPI monthly rate at 17:00 on Monday; Monday 22:00 US September ISM Non Manufacturing PMI; On Tuesday at 22:45, Federal Reserve Governor Bauman delivered a speech; On Wednesday, the scale of the US 20-30 year treasury bond bond repurchase operation; At 02:00 on Thursday, the Federal Reserve released the minutes of its September monetary policy meeting; Thursday 03:00 US August Consumer Credit; The number of initial jobless claims in the United States for the week ending October 3rd at 20:30 on Thursday. (Source: Jin Shi) AI interpretation: The number of initial jobless claims for the week, as a core indicator of the health of the labor market, directly reflects the volatility of the US job market. The release of this data will provide a key basis for market evaluation of the Federal Reserve's monetary policy path. Investors use this data to determine the balance between economic recession risk and employment resilience. The changes in this indicator directly drive the market's repricing of interest rate policy expectations.
[Vitalik Testing Privacy-Preserving AI Health System] Vitalik.eth disclosed on Farcaster that he is testing a privacy-preserving AI health system that integrates local models, zkAPI, and Tor to process personal health and travel data through a three-layer architecture. The system uses the local model Qwen 3.8B to construct queries, zkAPI to conceal payment information, and Tor to hide IP addresses. Currently, the system faces challenges such as high Tor latency, insufficient local model processing speed, and trade-offs between data protection and model assistance capabilities. The related code has been submitted to the Ethereum zkAPI repository.
OpenPayd, a stablecoin payment infrastructure company, plans to go public on NASDAQ by the end of 2026 through a merger with Titan Acquisition Corp., with a valuation of $1.1 billion. CEO Iana Dimitrova stated that the proceeds from the IPO will be used for expanding and acquiring the US market, with the goal of launching services to US clients by April 2027. OpenPayd already holds 43 state currency remittance licenses, with a revenue of $73 million in the latest fiscal year, a year-on-year increase of approximately 28%. Its clients include Kraken, OKX, and others. (Source: CoinDesk)
[BTC spot main traded 9 large orders with a total amount of 19.85 million US dollars!] Funds moved intensively in a short time, stirring market sentiment. What comes next remains intriguing...
1. Trump promises to distribute $5000 in dividends to everyone after the Republican victory, with a total cost of approximately $1.2 trillion 2. US 30-year treasury bond bond yields hit a new high since 2002, and Bitcoin faces a dual signal game 3. Gold surged $4225 per ounce before falling to around $4140, while US stocks and oil prices rose simultaneously 4. The US Senate failed to push for the Digital Asset Market Clarity Act, with no recovery path by the end of the year 5. Hyperliquid Strategies increases holdings of 1.9 million HYPEs with a value of $3.262 billion 6. The payment volume of Visa stablecoin associated cards has increased by nearly 200% year-on-year, with an estimated annual payment scale of $4010-527 billion 7. The Federal Reserve and European Central Bank will release meeting minutes next week, with a high threshold for interest rate hikes in October 8. The SEC plans to revise the rules of the 1940 Act to allow investment advisors to directly hold Bitcoin without a custodian The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/554527