Multicoin Capital invests in DePIN project Grass

CryptoQuant research director Julio Moreno stated that Bitcoin's closing price last week was above the 365 day moving average, confirming the start of a new bull market. Bitcoin's upward momentum weakened after hitting a high of $87400, and the unrealized profit margin on the chain for short-term traders rose to 33%, the highest level since December 2024. (Source: The Block)

Quant Network founder wallet 0x48E... a170 transferred 25800 QNTs worth $6.97 million to a new wallet after 7 years of silence. The wallet still holds 600000 QNTs worth $160.39 million.

The founder address 0x48E9 of Quant Network transferred 25776 QNTs ($6.97 million) to a new address after 7 years of silence, and the address still holds 600000 QNTs ($160.39 million). （Lookonchain）

OpenAI launches AI intelligent agent dots, which run based on the GPT-6 version of the Astra model and support interaction and computer operation through ChatGPT, Slack, and Microsoft Teams. OpenAI launches a high-end subscription with a monthly fee of $500 and adjusts the $200 package permissions. OpenAI is seeking to raise at least $30 billion at a valuation of $1.4 trillion, up from a previous round valuation of $852 billion. (Source: Bloomberg)

Affected by the Federal Reserve's suppression of inflation expectations, interest rate expectations, and rising US bond yields, the US dollar achieved its best monthly performance since June. Strong US economic data and inflation risks have boosted the US dollar, while the Iran war has pushed up energy prices and US bond yields. The market expects the Federal Reserve to raise interest rates by nearly 1 percentage point in the next 12 months. Jayati Bharadwaj, Head of Foreign Exchange Strategy at TD Securities, stated that US economic data guides the trend of the US dollar and determines whether the Federal Reserve's rate hike meets market expectations. (Source: Caixin)