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Psy enables Web2 business models to achieve economic viability in Web3, driving the diverse application of business-to-agent AI. The protocol's testnet features internet-scale size and high-speed performance, while offering Bitcoin-level security guarantees.
Bitcoin price predictions remain bullish as BTC trades near $119K. Fidelity and Bitwise have just purchased $238.7 million worth of Bitcoin, boosting market confidence.
Dr. Xiao Feng stated that the launch of the EAG initiative marks a crucial moment for the "breakout" of Ethereum's application layer. The establishment of such an alliance aims to unite various forces to welcome the arrival of the "1995 moment" for Ethereum and even the entire blockchain world—a new era characterized by an explosion of applications.
- 17:05Grayscale: September market pullback is temporary, crypto market may be heading towards new highsJinse Finance reported that Grayscale Research recently published an article stating that the crypto bull market is driven by macro demand for scarce digital assets and regulatory clarity supporting adoption. These two factors are likely to become the focus of investors again in the fourth quarter of 2025. Currently, fundamentals remain positive. The Federal Reserve is expected to resume interest rate cuts in September and has hinted at the possibility of one or two more cuts before the end of the year. Other positive market catalysts include: the potential introduction of staking features to crypto ETPs, the listing of more altcoin ETPs, and the Senate's passage of the market structure bill. Grayscale believes that before these factors change, the market pullback in September is only temporary, and the crypto market may be heading toward new highs.
- 16:51U.S. Senate Republican Leader Thune: It is unlikely that the Senate will hold a vote over the weekend.Jinse Finance reported that U.S. Senate Republican leader Thune stated that it is unlikely the Senate will hold a vote over the weekend. (Golden Ten Data)
- 16:48Bitcoin returns to the $120,000 mark, causing nearly $400 million in liquidationsJinse Finance reported that Bitcoin surged above $120,000 in the early hours, reaching its highest level since August and triggering nearly $400 million in forced liquidations over the past 24 hours. Data shows that approximately $282 million came from short positions and $120 million from long positions, mainly in Bitcoin and Ethereum. Since the beginning of this week, the largest crypto asset by market capitalization has risen by more than 7%. Traders are closely watching the performance in the fourth quarter, as historically, October has been one of Bitcoin's strongest months, with an average return of 21%. Market participants are adjusting their positions to see if the current upward trend can continue into the final quarter.