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BNB $751.11 -0.24%
XRP $1.43 +2.66%
SOL $103.95 +0.90%
TRX $0.3385 +0.46%
DOGE $0.0900 +0.41%
ADA $0.2188 +0.54%
BCH $258.27 -0.36%
LINK $12.47 -1.53%
HYPE $85.72 +1.87%
AAVE $128.93 -2.05%
SUI $0.8133 -0.87%
XLM $0.1889 -0.79%
ZEC $1,214.00 +7.80%

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Douyin internal testing AI workshop, the recommendation page adds interest card display for AI applications

Douyin is currently conducting an internal test of the AI Workshop, aimed at ordinary creators and developers, providing a complete link from AI application building, debugging, and operation to platform distribution, deeply integrating with Douyin's internal traffic system. The AI development framework, interface capabilities, and cloud storage services are all built into the creator's backend.The Douyin App's recommendation page has added a new content form interest card, used to showcase AI applications created in the AI Workshop. Users can directly interact with these cards while browsing the recommendation page, without needing to switch to a mini-program or leave the main app, allowing them to complete Q&A queries, fun interactions, and light tool experiences within the information flow. The interest card relies on Douyin's personalized recommendation distribution, supporting custom gameplay and styles.Creators who do not understand coding can use natural language to describe their ideas for building, while technically skilled developers can modify underlying files for deep customization. Debugging, real-device preview, and publishing can all be completed in the same environment. The produced works can be directly converted into interest cards for placement in the recommendation stream. This product is currently in the invitation-only internal testing phase.

Two Prime CEO: Bitcoin's rebound still has room, and the short covering of volatility will provide additional momentum

According to CoinDesk, Alexander Blume, founder and CEO of the cryptocurrency asset management company Two Prime, stated that Bitcoin's recent rebound still has room to grow, mainly because institutional investors who have sold volatility are facing position pressure. If the price continues to rise, short sellers being forced to cover their positions will further fuel the upward trend. He pointed out that the current market structure is healthy, with funding rates not showing signs of overheating. The rebound is not driven by speculation, and the continuous inflow of spot ETFs and corporate buying provides substantial support.Although implied volatility has risen from 23%-24% to over 40, it remains low by historical standards. If call option sellers are forced to close their positions, it could accelerate the upward movement. Blume believes that if the macro environment stabilizes, BTC has already formed a bottom around $60,000, with the biggest risk coming from a complete collapse of risk assets. The generally pessimistic market sentiment means that even moderate positive news could have an outsized impact.On the mining front, MARA recently chose to collateralize its BTC holdings to obtain a $600 million loan from Coinbase and Two Prime, rather than selling directly, in order to retain upside potential. Mining companies are diversifying their AI transformation strategies, with Cipher Mining and TeraWulf actively shifting towards AI infrastructure, while CleanSpark and MARA explore AI and power sectors while maintaining their original businesses. Blume expects the Trump administration to push for interest rate cuts, and adjustments to the PCE index may lower inflation readings, which could improve interest rate prospects.

The Wall Street Journal: Former U.S. President Biden's son plans to launch the meme coin LAPTOP

According to the Wall Street Journal, Hunter Biden, the son of former U.S. President Joe Biden, will launch a meme coin named LAPTOP, named after his laptop incident, scheduled to go live on the Base network under Coinbase on September 9.The founding team of the project, including Hunter Biden, will hold 30% of the total token supply (1 billion tokens), with that portion locked for 6 months and fully unlocked over two years; another 20% of the tokens will be airdropped in two batches to users who previously lost money on the Trump meme coin TRUMP, Hunter Biden's Substack subscribers and their friends, and users on the mailing list maintained by video journalist Andrew Callaghan; the remaining 20% will be used for charitable donations, liquidity, and distribution to exchange partners and market makers, as well as covering the accounting, legal, administrative, and compliance costs of the token foundation.It is reported that the founding team has also agreed on a destruction mechanism that includes 30 preset events; if the relevant events achieve the preset results within the designated time (such as the Democratic Party winning the 2028 presidential election, Bitcoin reaching a new historical high, LAPTOP's fully diluted valuation exceeding TRUMP, etc.), up to 30% of the token supply may be destroyed; if not achieved, the tokens will be donated to charitable organizations proportionally.The report notes that Hunter Biden has recently been frequently participating in podcasts, news programs, and writing Substack articles discussing his views on cryptocurrency, and has commented on the controversy between the Trump family's crypto project World Liberty Financial and Sun Yuchen.
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