oca

According to the latest data from OpenRouter reported by the Daily Economic News, the total global invocation of AI large models last week (from August 31 to September 6) reached 115 trillion tokens, a month-on-month increase of 1.77%. Among them, the weekly invocation of China's AI large models reached 56.72 trillion tokens, a month-on-month increase of 2.83%, surpassing the United States (16.54 trillion tokens, a month-on-month decrease of 3.1%) for nineteen consecutive weeks, ranking first in the world.Among the top five global invocation volumes, four are Chinese models. Tencent's Hyper Yuan Hy4 preview ranks first with 14.7 trillion tokens, a month-on-month increase of 379%; GPT-5.6 Luna ranks second with 12.9 trillion tokens; Zhiyu GLM-5.3 Flash rises to third with 12.4 trillion tokens; DeepSeek-V4-Flash's official and preview versions rank fourth and fifth, respectively.MiniMax M3 returns to the list after nearly a month, ranking sixth, and has become the foundational base for Saudi HUMAIN's Arabic large model. In addition, Xiaomi MiMo-V2.5 and Gemini 3.7 Flash fell out of the list this week.

DeFi researcher Ignas posted on X that Bankless founder David Hoffman sold his ETH and reallocated to several coins with the largest gains, such as LIT and ZEC, with NEAR also performing well, while only VVV underperformed the market. Although the market was filled with panic at that time, and it was very close to the bottom of ETH, the goal of aggressive crypto investors has always been to outperform BTC and ETH.Previously, it was reported that Bankless co-founder David Hoffman announced in June this year that he had liquidated his ETH and bought VVV, NEAR, ZEC, HYPE, and LIT.

The Bank of Korea released the latest research report stating that the widespread circulation of dollar-pegged cryptocurrencies in the local market may trigger capital outflows, putting downward pressure on the domestic currency exchange rate and increasing volatility.

Binance founder Zhao Changpeng met with Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development, and old friend Zhaslan Madiyev in Kazakhstan, stating that the local cryptocurrency industry is developing rapidly.It is reported that Zhaslan Madiyev served as the General Manager of Binance Kazakhstan from 2022 to 2024, and was appointed as the "Minister of Digital Development, Innovation and Aerospace Industry" starting in May 2024, and then promoted to "Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development" in 2025 and 2026.

According to token unlock data from the crypto asset data platform RootData, Moca Network (MOCA) will unlock approximately 16.765 million tokens at 0:00 Beijing time on September 11, worth about 1.49 million USD.

According to market news, the Tectonic attacker marked address has deposited 2,658.9 ETH (approximately 6.65 million USD) into TornadoCash.

According to Businesswire, ProCap Financial, a Bitcoin treasury company owned by Anthony Pompliano, announced that it has sold approximately 50 Bitcoins, with the proceeds used to repurchase over 2% of its outstanding shares at a price that is about 40% below the net asset value (NAV).ProCap Financial stated that since the initiation of the stock repurchase program, the cumulative repurchased shares have accounted for approximately 10% of the outstanding shares, and as of the market close, it still holds about 5,305 Bitcoins, and will continue to assess opportunities for stock repurchases when the share price is significantly discounted to NAV.

Digital asset management company Grayscale stated that by the end of 2025, the proportion of company stocks held directly and indirectly by American households' financial assets will reach 46.71%, up from 43.99% a year ago. Grayscale's research director Zach Pandl pointed out that the increase in stock asset concentration and high valuations has enhanced the opportunity for cryptocurrency to be used for portfolio diversification.Grayscale indicated that the long-term earnings growth expectation for the S&P 500 index rose to over 25% on August 28, significantly higher than the historical range concentrated between 10% and 15%. The agency believes that after the market adjustment, the valuation, leverage levels, and investors' long positions in cryptocurrency assets have all decreased.Data released by Grayscale shows that the 90-day correlation between Bitcoin and the Nasdaq 100 index has dropped from over 60% to about 33%, while its correlation with gold has risen from nearly 0 to over 50%. Grayscale also noted that Bitcoin's historical volatility is higher than broad equity indexes and does not always serve as a safe-haven asset.

CryptoQuant analyst Axel Adler Jr stated that from August 18 to 28, the 30-day cumulative distribution of Bitcoin long-term holders (LTH) increased from 174,500 to 281,900, a rise of 61.5%, reaching the highest level since 2026 on August 28. This metric accelerated significantly during the rapid rebound after the short-term squeeze in Bitcoin, indicating that long-term holders are taking profits as prices rise.Meanwhile, the LTH MVRV rose from 1.31 on August 18 to 1.64 on August 27, remaining at a level of 1.6 on August 31, which means that the market value of Bitcoin held by long-term holders is approximately 60% higher than their average realized value. This suggests that despite the increase in distribution activity, long-term holders still possess significant unrealized profits. Axel believes that the price rebound after the short-term squeeze has simultaneously elevated the profit levels of long-term holders and the speed of token distribution, creating conditions for further profit-taking. If Bitcoin prices remain stable, long-term holders may continue to release supply, adding extra selling pressure to the market. The current key issue for the market is whether the high-level distribution by long-term holders will continue and whether new buying can absorb this additional supply; otherwise, the market may face price pressure again.

According to Morningstar, the AI platform Owner, aimed at local businesses, announced the completion of a $240 million financing round, with the company valuation reaching $2.3 billion. This round of financing was led by Growth Equity under Goldman Sachs Alternative Asset Management, with participation from existing investors Meritech, Redpoint, Headline, and Jack Altman.The company uses AI Agents to automatically complete marketing promotion, customer communication, and operational optimization services for local businesses. The new funds are intended to expand international operations and develop local business scenarios.

Zhao Changpeng stated at the "Bitcoin Asia 2026" conference in Hong Kong that many countries have misconceptions about Bitcoin, viewing it as a dangerous asset. However, in fact, not using Bitcoin is more dangerous, just like not investing in AI technology is a real risk for a country today.When discussing strategic reserves, he mentioned that Bitcoin will definitely be more important than gold. Large countries will take time to make this shift, but this trend will certainly occur. He believes that the possibility of a digital currency emerging that is superior to Bitcoin and surpassing it, taking the lead before Bitcoin overtakes gold, is very small. In the future, Bitcoin will soon surpass gold; currently, the gap between the two is only about 10 times, which could be realized in the next bull market.Regarding reserve allocation recommendations, he stated that he usually advises countries to allocate the top five cryptocurrencies by market capitalization (excluding stablecoins) in addition to their dollar reserves, according to their market capitalization proportions. This is the simplest and most market-oriented approach. Typically, Bitcoin will account for over 50%, Ethereum will account for 10%-20%, and BNB and others will also be included.

Franklin Templeton's Chief Investment Officer for Crypto, Seth Ginns, stated that the current market is at a "turning point," where large investors will begin to allocate to liquidity crypto funds in unprecedented ways.Seth Ginns pointed out that this phase signifies a significant change in how institutional funds are allocating to crypto assets, and liquidity crypto funds are expected to see larger-scale participation from major investors.

Canada imposes tariffs of 15% to 50% on approximately $20 billion worth of U.S. goods; Canada will raise tariffs on U.S. steel products from 25% to 50%.The Canadian government stated that starting from September 8, it will impose counter-tariffs of 15%, 25%, or 50% on approximately 700 products.

According to The Block, the Blockchain Association has submitted a letter of opinion regarding the stablecoin issuer rules proposed jointly by the U.S. Department of the Treasury's Financial Crimes Enforcement Network, the Office of the Comptroller of the Currency, and the Federal Reserve. The association supports limiting the Customer Identification Program (CIP) obligations to transactions where issuers directly face customers in the primary market, and it should not extend to peer-to-peer transfer activities in the secondary market.At the same time, the association calls on regulators to further clarify definitions such as "account," "customer," and "digital asset service provider," excluding one-time redemptions and other non-continuous businesses, and to avoid creating overlapping compliance burdens with anti-money laundering rules. The association stated that the implementation of the rules should balance stablecoin security, operability, and space for industry innovation.

According to the Chosun Ilbo, in the context of the U.S. government increasing pressure on investment in South Korea, the U.S. has recently made demands to the South Korean government and companies to build storage semiconductor production facilities in the U.S. and ensure a stable supply of storage chips. In response to South Korea's promotion of a 800 trillion won semiconductor cluster plan, the U.S. has also informally expressed dissatisfaction, believing that South Korea is actively supporting domestic semiconductor investments while showing a negative attitude towards investing in the U.S. This is the first time the U.S. has mentioned the South Korean government's "super project" while pressuring for investment.Minister of Trade, Industry and Energy Lee Chang-yang also discussed related matters during his recent visit to the U.S. for investment negotiations. The South Korean government believes that the U.S. semiconductor investment demands are independent of the previously agreed $350 billion investment arrangement with the U.S., and plans to announce its first investment project in the U.S. in September. Domestic semiconductor companies are concerned that if they formally accept the U.S. request to establish factories while promoting the Hunan cluster, it may create a dual burden. Additionally, it is reported that Foreign Minister Park Jin spoke with U.S. Secretary of State Rubio that evening to exchange views on investments in the U.S. and bilateral relations.

According to Reuters, the cryptocurrency advocacy organization Stand With Crypto, supported by Coinbase, announced endorsements for 32 incumbent congressional candidates for the midterm elections in November. All 32 candidates voted last year in favor of sending the cryptocurrency industry's top legislative priority, the CLARITY Act, out of the House of Representatives, which is currently stalled in the Senate due to opposition from some lawmakers.The list includes key allies in the cryptocurrency industry such as Republican Representatives Tom Emmer and Bill Huizenga, as well as Democratic Representatives Ritchie Torres and Josh Gottheimer, some of whom are facing fiercely competitive races.Mason Lynaugh, Executive Director of Stand With Crypto, stated, "In 2024, we proved that crypto voters are real, and in 2026, we want to demonstrate our organizational mobilization ability; our advocates are a voting bloc that can truly impact outcomes."Stand With Crypto was launched by Coinbase in 2023 to influence elections by mobilizing voters rather than through large-scale campaign spending, and it claims to have over 3 million registered "advocates." In 2024, the cryptocurrency industry invested $170 million to support congressional candidates, most of whom won, and pushed Congress to pass the GENIUS Act for stablecoin regulation. During this midterm election cycle, the cryptocurrency industry has already invested nearly $200 million through channels such as the Fairshake super PAC to continue solidifying its influence in Congress.

According to Catcher Predict monitoring, the "Democratic Party 2028 Presidential Candidate" event is currently the most actively traded on the prediction market Polymarket, with a cumulative pool size reaching $12.654 billion. The option with the highest market consensus is "Alexandria Ocasio-Cortez," corresponding to a winning probability of approximately 22.9%.

Ray Dalio, the founder of Bridgewater Associates, warned that the annual budget deficit in the United States has reached $2 trillion, with approximately $10 trillion in debt needing to be refinanced. If the current trajectory is not changed, a debt crisis could arrive "within three years, with a two-year margin of error."In terms of asset allocation, Dalio advises investors to reduce their bond holdings to avoid debt risks; increase their allocation to gold, raising it to 10% to 15% of their portfolio; and hold a small amount of Bitcoin to hedge against government credit risk. Dalio also calls for the U.S. to reduce the budget deficit from the current level of about 6% of GDP to 3%, through measures including cutting spending, increasing taxes, and lowering interest rates.As a result of these statements, gold prices surged to their highest level since May on Friday, and Bitcoin broke through $77,000, marking the largest weekly increase since 2023.