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Market news: Anthropic plans to release its IPO prospectus after Labor Day (September 7) in the United States, and may go public in late September or early October.

According to Arkham monitoring, BlackRock clients purchased a total of $1.33 billion in Bitcoin last week, with daily purchases, marking the largest weekly buying scale since the historical peak of Bitcoin on October 6, 2025.Since the low point on July 1, BlackRock's cumulative net purchases of Bitcoin have reached $2.17 billion, with more than half occurring in the past week.

The ECX plan will be launched in three phases. The Alpha phase is expected to go live near Bitcoin block height 963648, the Beta phase is scheduled for September 20 at block height 967680, and the permanent mainnet is planned to launch on October 31 at block height 973728. The project is driven by Paul Sztorc, founder and head of Layertwo Labs, and developer of Drivechains and BIP-300/301.ECX will replicate the transaction ledger of Bitcoin's designated snapshot and allocate ECX to the majority of Bitcoin holders on a 1:1 basis on the new network. Users who control their private keys through self-custody wallets at the time of the snapshot will directly receive the corresponding assets, while users of exchanges and other custodial institutions will need to wait for the relevant platforms to decide whether to support the fork and distribute ECX. The original BTC will not be exchanged, locked, or transferred. ECX plans to initially launch seven dedicated sidechains: Thunder, Zside, Bitnames, Bitassets, Photon, Truthcoin, and Coinshift. Of the approximately 1.1 million early Bitcoins associated with Satoshi Nakamoto, about 600,000 ECX will continue to be allocated to these addresses, and approximately 500,000 ECX will be converted through special transactions for early investors and development funds, but this will not affect the BTC on the Bitcoin network.

Geoff Kendrick, the Global Head of Digital Asset Research at Standard Chartered Bank, stated that Bitcoin could approach its historical high of $126,000 by the end of the year, with a related recovery potentially accelerating after October 6. He remarked, "For the first time this year, there is a risk that my prediction of $100,000 by the end of the year may be too low."Kendrick pointed out that the recent rise has been primarily driven by short liquidations, but inflows into Bitcoin spot ETFs have also begun to recover. The current open interest is low, which may leave room for more investors to re-enter the market as prices rise.In February of this year, Kendrick had lowered Standard Chartered's Bitcoin year-end target from $150,000 to $100,000 and the Ethereum target from $7,500 to $4,000. At that time, he expected Bitcoin to drop to around $50,000 and Ethereum to around $1,400, before recovering over the remainder of the year.

In the previous week, the two types of ETFs had a total net outflow of 392 million dollars.

CryptoQuant analyst Darkfost stated that this week, Bitcoin ETF net inflows reached 14,700 BTC, marking the second-largest weekly inflow since October 2025. Since August, the cumulative net inflow is approximately 21,958 BTC, indicating signs of a resurgence in demand are beginning to emerge.

According to monitoring by Catcher Predict, in the "NATO and Russia Military Conflict Prediction" event on the prediction market Polymarket, the "Yes" option in the sub-market "October 31" experienced a sharp fluctuation in winning probability, dropping from 43% an hour ago to the current 23.5% (a fluctuation of 19.5%). Please note the impact of related breaking news.

HyperliquidNews posted on the X platform that Hyperliquid's open interest has reached a new high of 12.5 billion dollars since October 10.

CryptoQuant founder Ki Young Ju posted on the X platform that the demand for Bitcoin spot and perpetual futures has turned positive for the first time since reaching a historic high in October 2025. The scale of demand is still relatively small, but if this trend continues for a month, it can be reasonably concluded that the bear market has ended and a new bull market cycle has begun.

According to Glassnode, the last time Bitcoin experienced such a significant daily closing increase was in February of this year, primarily as a rebound from the previous day's 14% drop. This rise is not due to a technical rebound following a crash; relative to its 30-day volatility, this increase reached 5.8 standard deviations, marking the largest upward volatility since October 2023.

Glassnode stated that the last time Bitcoin saw such a significant daily closing price increase was in February of this year, primarily as a rebound from the previous day's 14% drop.This increase is not due to a technical rebound after a crash; relative to its 30-day volatility, this increase reached 5.8 standard deviations, marking the largest upward volatility since October 2023.

According to The Block, Securitize President Brett Redfearn stated that the U.S. Securities and Exchange Commission withdrew the crypto innovation exemption rule last Friday due to concerns about the voting progress of the Clarity Act.Redfearn expects that the rule will be introduced after the Senate votes on September 15, possibly in early October.

Cryptocurrency analyst cryptopainter pointed out that the Kaito-related address base:0x98d0baa52b2d063e780de12f615f963fe8537553 will unlock 18.53 million tokens on August 20, followed by an additional 6.58 million tokens unlocking from September 16 to 17. He believes that the recent actions of issuing good news and driving up prices to sell off are forms of price manipulation, and explained that although he was once optimistic about Kaito, his current stance has shifted to criticism.The analyst stated that his observation logic for Kaito has been simplified to testing whether the new product ecosystem can truly take off and generate social heat and scale close to 2025 levels. Even a recovery to 50% would prove that it remains a leader in InfoFi, and re-entering related positions at that time would be more assured. If product delivery falls short of expectations and ecosystem participation is average, he will not consider re-staking for now.He further mentioned that the aforementioned massive unlocks have mostly completed hedging and closing positions, and the spot supply has not been fully released. The true release signal should be when the spot price is significantly lower than the futures price, the funding rate is positively high, and the price is declining with volume. Without seeing these signals, he has no motivation to participate and advises investors to at least wait until after October to observe, while also reminding those who have recently bought back due to the price drop to be cautious.

Crypto analyst Ali Charts posted that, based on Bitcoin's four-year cycle, he expects BTC to reach the market bottom between October 6 and 16.He believes that before the final capitulation phase arrives, investors should develop a dollar-cost averaging strategy in the range of $62,000 to $48,000, gradually accumulating Bitcoin. He assesses that the current bear market is nearing its end and states that now is the time to start turning bullish.

According to Catcher Predict monitoring on-chain data, significant capital movements are predicted in the Polymarket market. A large whale invested $65,000 in the event "UFC 330: Mackenzie Dern vs. Gillian Robertson" for the match "Mackenzie Dern vs. Gillian Robertson." Based on the current transaction price, the latest corresponding winning probability for this bet is 65%.

Hawaii will implement a cryptocurrency ATM ban effective October 1, becoming the fourth state in the United States to enact such a ban, aimed at addressing the significant losses caused by digital asset fraud.

AI company Anthropic is holding pre-IPO meetings with potential investors to boost market confidence in its listing plans. Reports indicate that Anthropic is currently valued at approximately $965 billion, and if successful, it could become one of the largest IPOs in history.The company has recently faced several challenges, including intensified competition from low-cost AI systems, strained relations with the Trump administration, and opposition to data center construction in various parts of the United States. Sources reveal that investors have asked Anthropic executives during discussions about how these factors might impact the company's growth. Anthropic's management downplayed the impact of competition from low-cost AI systems, stating that the company will continue to focus on developing cutting-edge AI models.It is reported that Anthropic plans to go public in September or early October, although specific pricing and scheduling details have not yet been announced. Additionally, during the pre-IPO meetings, the company disclosed to some investors that it will further expand into the fields of healthcare and biological AI applications in the future.