Cointime

Grayscale has revealed the most counterintuitive major paradox in the AI market: The cheaper AI becomes, the more explosive demand for computing power gets.
Ordinary chatbots consume Tokens for a single question-and-answer exchange; AI agents consume 5–50 times more Tokens to complete multistage objectives. OpenAI’s round-the-clock autonomous agent dots will further widen this gap.
Anthropic has cut the cost of a single task on Sonnet by 30%, while open-source models with open weights continue to drive down Token prices. The market generally believes that lower AI prices will ease pressure on

According to an a16z research review, the financial industry has evolved slowly over the long term. The core reason is not insufficient market demand, but supply-side constraints such as regional segmentation and listing reviews, which result in extremely long implementation cycles for new risk exposures and trading instruments.
Blockchain breaks down the entrenched barriers of traditional finance and supports global circulation 7×24 hours. All kinds of risks, including commodities, individual stocks, chips, macro data, and event expectations, can be standardized and made tradable through on-c

Global Market Focus | Long-term U.S. Treasury yields continue to surge, reshaping global asset-pricing logic.
The 30-year U.S. Treasury yield reached 5.435%, its highest level since 2004; the 10-year U.S. Treasury yield rose to 5.14%, its highest level since 2007. Federal Reserve officials sent hawkish signals: Williams said a rate hike remains possible by year-end, while Bowman noted that the current neutral rate is higher than before the pandemic, further cooling market expectations for the Fed to cut rates ahead of schedule.
Under elevated long-term Treasury yields, various asset classe

Major Regulatory Shift! SEC Unveils New Innovation Exemption Policy, Officially Legalizing On-Chain Trading of Tokenized U.S. Stocks
At a critical moment when the U.S. crypto industry had fallen into regulatory uncertainty after the CLARITY Act failed in the Senate, the U.S. Securities and Exchange Commission (SEC) swiftly introduced a major new regulatory policy, breaking the market deadlock. SEC Chairman Paul S. Atkins officially announced an innovation exemption policy for the crypto sector. Against the backdrop of stalled congressional legislation, the policy relies on the SEC’s statutory

CLARITY Act Vote Fails: Digital Asset Compliance Process Enters an Adjustment Window
The U.S. Senate’s procedural vote on the CLARITY Digital Asset Regulation Act concluded with 50 votes in favor and 49 against, falling short of the 60-vote threshold required for passage. The result ended the market’s short-term expectation that unified U.S. digital asset regulatory rules would be implemented, pushing the digital asset compliance process in the United States and globally into a period of uncertain adjustment.
The U.S. digital asset market has long faced ambiguity over regulatory responsibiliti

Energy Risks Force a Tightening, ECB Restarts Rate Hikes!!!
On September 10 local time, the European Central Bank announced a 25-basis-point increase in its three key interest rates, bringing the deposit facility rate to 2.50%, effective September 16. This is the second rate hike of 2026.
ECB President Lagarde said that geopolitical conflict in the Middle East has pushed up oil prices and increased upward inflation risks. Eurozone inflation rebounded to 3.3% in August, mainly due to a rebound in energy prices. Europe is highly dependent on imported oil and gas, and imported inflationary pressu

Hunter Biden’s Token Launch Scheme: The Political Wager and Crypto Arbitrage of $LAPTOP
On September 7, Hunter Biden officially announced the launch of the political Meme coin $LAPTOP, which will go live on Coinbase’s Base chain on September 9. This token launch is a carefully orchestrated public relations operation combining political and business interests. The token’s name is derived from the “Hunter laptop scandal,” which went viral during the 2020 U.S. presidential election.
The total supply of $LAPTOP is 1 billion tokens, with a highly calculated mechanism: The team holds 30% of the supp

U.S. nonfarm payrolls increased by 162,000 in August, far exceeding expectations.

💥 European Bond Markets Collapsing Across the Board?
Eurozone inflation surged to its highest level in nearly three years, fueling expectations of ECB rate hikes, while long-term bond yields in multiple countries collectively soared to historic highs:
🇫🇷 France 10-year yield 4.23% (highest since 2008)
🇩🇪 Germany 10-year yield 3.31% (highest since 2011)
🇮🇹 Italy 10-year yield 4.15% (highest since 2024)
🇬🇧 UK 10-year yield 5.223% (highest since 2008)
🇬🇧 UK 30-year yield 5.88% (highest since 1998)
Can "risk-free assets" still be called risk-free? Amid the rate-hike storm, the myth of

U.S. July Core PCE Price Index Rises 3.3% Year Over Year, In Line With Expectations
On August 26, the U.S. July core PCE price index rose 3.3% year over year, compared with expectations of 3.30% and a previous reading of 3.30%. The U.S. July core PCE price index rose 0.2% month over month, compared with expectations of 0.20% and a previous reading of 0.10%.

BTC Breaks Above $79,000
On August 24, according to HTX market data, Bitcoin touched $80,000 again after 101 days, with a 24-hour gain of 3.62%.

Near-Free Costs! DeepSeek V4 Flash Completely Upends the Global AI Industry, with China’s Homegrown Foundation Models Achieving an Overwhelming Comeback
The era of obscene profits in the AI industry is completely over!
In the past, top-tier foundation models delivered powerful performance but came with steep prices, leaving small and medium-sized enterprises and ordinary developers unable to afford them. Overseas giants leveraged their technological monopolies to firmly control global AI pricing. But on July 31, 2026, with the official public beta launch of DeepSeek-V4-Flash 0731, the industry

The Fed’s implicit pivot on inflation policy: clinging to the 2% target while reshaping asset allocation under high inflation becoming the new normal
The operation of the US macroeconomy and the global USD system has always been anchored to a core underlying rule—the Fed’s 2% inflation management target. This long-standing policy benchmark, although it looks like a simple number, in practice balances the fundamental demands of economic growth and price stability: moderate inflation can dilute the dollar’s purchasing power, prompting household consumption and business investment and thereby ene