Bitcoin open interest fell by about 13,600 BTC over the past 24 hours while the price remained largely unchanged. According to ChainCatcher, analyst Axel Adler Jr. said the decline suggests the market is actively deleveraging. He added that lower open interest without a sharp price drop may reduce the risk of concentrated liquidations and a chain reaction of forced selling among highly leveraged positions.

According to CNBC, U.S. consumer prices rose 3.4% in August from a year earlier, while average hourly earnings increased 3.1% over the same period, leaving real average hourly earnings down 0.1% from July and 0.3% from a year earlier. Heather Long, chief economist at Navy Federal Credit Union, said a substantial number of Americans are worse off because incomes are not keeping pace with price increases, and she said inflation is erasing wage gains as energy costs climb. Long said gasoline prices rose 3.9% in August and diesel reached $6 per gallon on Friday for the first time amid fuel supply disruptions tied to wars in Iran and Ukraine. She added that households are shifting spending toward warehouses and discount stores, with Navy Federal's internal data showing more members shopping at Costco, Aldi and similar retailers.

According to the BBC, French champagne producers have been given temporary permission to raise the alcohol content of some bottles to as much as 15%, above the usual 13% cap, after this summer's record heatwave pushed grape sugar levels higher. Industry officials said the change is expected to affect only a small number of wines from the 2026 harvest, with some bottles potentially reaching about 13.1% or 13.2% during secondary fermentation. The Comite Champagne said the first grapes were cut in early August and the harvest had expanded by mid-August, marking the earliest ever recorded in Champagne. The association said the 2026 growing season was one of the most unusual in the region's history because of severe spring frosts, an exceptionally early flowering period and five heatwaves over the summer. It also said the earlier harvest could become normal in 10 to 15 years as climate change alters conditions in the region. The 2026 vintage is not expected to reach shelves until 2028 because champagne must age for at least 15 months.

US inflation came in broadly in line with estimates in August, but the core rate rose faster than expected, putting a Fed hike next week firmly on the table.Headline CPI rose 0.4% on the month against forecasts of 0.4% and July's 0.1%. Year-over-year it rose 3.4%, matching both expectations and July's reading.Core CPI increased 0.3% month over month, faster than the 0.2% forecast and July's 0.2%. Annual core inflation came in at 2.4%, in line with expectations and down from July's 2.5%.The two-year Treasury yield jumped six basis points to 4.61% as traders began assigning nearly a 100% chance of a hike next week. The 10-year, less closely tied to Fed policy, was flat at 4.95%.Bitcoin dipped back to $76,700 in the minutes following the release and trades at $77,320. Nasdaq 100 futures rose to a session high, up 0.8%.The Curve Flattened, Which Is the Market's Verdict on CredibilityThe divergence between the two maturities is the most informative part of the reaction.A six basis point move in the two-year with the 10-year unchanged means traders repriced the Fed's near-term path without changing their view of longer-term inflation or term premium. The curve flattened.That combination reads as the market treating a hike as sufficient rather than insufficient. A Fed seen as behind the curve would push long yields higher alongside short ones, because persistent inflation would be priced into the out years. A Fed seen as responding adequately gets the opposite — short rates up, long rates anchored.Nasdaq futures rising to session highs on the same print is consistent with that reading. Equities are not selling a hike they believe contains the problem.Bond Markets Flipped From No Hikes to 75 Basis Points in Two WeeksThe scale of the repricing since Jackson Hole is the context that makes this print consequential.Traders moved from assuming no rate hikes — potentially for the rest of 2026 — to hedging against as much as 75 basis points of tightening this year.That sent the 10-year from the 4.60% area to just shy of 5.00% ahead of Friday's data. The two-year rose from 4.20% to 4.56% before the numbers, then to 4.61% after.A 41 basis point move in the policy-sensitive maturity across two weeks, on no actual policy change, describes a market rebuilding its entire view of the year from a single speech.Warsh Created the Conditions He Argued AgainstThe August report took on outsized importance after Chair Kevin Warsh hinted at Jackson Hole that the Fed might have to act if inflation did not soon show signs of slowing.Bond markets have been in a fever pitch since.That outcome inverts what Warsh intended. He used the speech to reject forward guidance, arguing the practice has "overstayed its welcome" outside genuine crises and that quasi-commitments inhibit the Fed's freedom to decide correctly. He committed to "a discipline, not to a decision."The Wall Street Journal's Nick Timiraos identified the consequence: the speech convinced investors a hike was likelier without telling them what would trigger one, leaving a single data release to authorize the decision.Markets filled the gap themselves, and the magnitude they filled it with — 75 basis points — exceeds anything Warsh signalled.Forecasters Have Converged on Three HikesBank of America expects 25 basis points next week with another 50 by year-end. RBC Capital Markets revised from rate cuts this year to three hikes. Both arrive at 75 basis points of total tightening.Fitch Ratings' Olu Sonola said the data make it "increasingly difficult to justify a pause."Rates have sat at 3.50%-3.75% since December 2025, making a September increase the first since July 2023. With the move now priced near certainty, the dot plot and updated projections carry the information rather than the decision itself.The Asymmetry Sits on the Other SideLMAX Group's Joel Kruger flagged what near-certain pricing implies for the reaction function."A good deal of the hawkish risk is arguably priced in," he said. "We see greater potential for an outsized move in risk assets to the topside should the Fed ultimately fail to deliver on these hawkish expectations."At nearly 100% priced, a hike delivers confirmation. A hold delivers a shock.Bitcoin's intraday path illustrates how that logic already played out on the data. It fell to $76,700 immediately after the release, then rebounded above $79,000 as the uncertainty around the decision collapsed, before settling at $77,320.21Shares' Matt Mena noted Bitcoin has gained an average 2.13% over the 30 days following hotter-than-expected core CPI readings, though the current combination of an energy shock and yields near 5% is not typical of prior instances.The Energy Shock Runs Underneath All of ItBrent closed at $104.61, up more than 8% on the week.Saudi Arabia closed the East-West pipeline that bypasses the Strait of Hormuz, and Houthi attacks hit Saudi energy facilities. Production fell to 6.238 million barrels per day, the lowest since 1990 — a producer that cannot export cannot sustain output.Headline CPI at 3.4% against core at 2.4% shows that gap directly, and it is the reason the flat 10-year matters. The market is pricing the energy component as a level shift rather than an embedded inflation problem.The Clarity Act cloture vote falls September 15. The Fed decides September 16 at 2:00 p.m. ET.

India’s central bank rejected Tata Sons Pvt.’s application to give up its shadow-lender status and told the company to follow rules for such firms, including an initial public offering, according to multiple local media reports. Bloomberg reported the decision after local media said the Reserve Bank of India turned down Tata Sons’ plea to remove the designation.

Tom Lee said crypto will be "really bullish" for the next 12 months and added that the market's four-year-cycle bottom will arrive next month. According to NS3.AI, Lee also said his tokenization thesis values a 1% share of $100 trillion in assets at $1.1 trillion in annual income, which he values at $20 trillion.

According to Jin10, Iraq's military said Iraq agreed to Iran's request to jointly investigate whether there are drone launchers along the two countries' border.

The Federal Reserve looks increasingly likely to raise rates next week after Friday's hot core CPI reading. Markets have had time to prepare, which raises the question of how much bite a hike still carries.Core CPI rose 0.3% in August against the 0.2% economists expected. Headline inflation rose 0.4% on the month and 3.4% from a year earlier, both in line.Bitcoin rose following the report, trading at $78,600, up 1.5% over 24 hours.The Asymmetry Runs the Other WayJoel Kruger, global markets strategist at LMAX Group, said traders were already leaning toward a hike before the numbers landed."A good deal of the hawkish risk is arguably priced in," he said.That leaves a muted response likely if the Fed delivers what everyone expects. The larger move sits on the other side."We see greater potential for an outsized move in risk assets to the topside should the Fed ultimately fail to deliver on these hawkish expectations," Kruger said.That inversion is worth holding onto through Wednesday. A hike is the base case and largely absorbed. A hold would be the surprise, and surprises move markets more than confirmations.History Argues a Hot Core Print Is Not Automatically BearishMatt Mena, senior crypto research strategist at 21Shares, does not treat a hike as an automatic problem for Bitcoin.He said Bitcoin has gained an average 2.13% over the 30 days following hotter-than-expected core CPI readings.Mena also pointed to gains in ether and Solana as evidence traders have not backed away from crypto risk. Ether traded at $2,532.49.The sample carries the usual caveat — averages across a small number of episodes describe tendency rather than expectation, and the current combination of an energy shock and multi-year-high yields is not typical of the prior instances.Connors: Both Arms of Policy Have Been Tested and Both MovedMark Connors, CIO at Risk Dimensions, offered the week's most structurally significant framing."The market has now challenged both sides of policy," he said. "Bessent went first. Even tripling Treasury buybacks hasn't tamed the long end. Now, Warsh, after talking disinflation, is being forced towards higher rates."Connors had previously argued that softer inflation measures could give Chair Kevin Warsh room to hold. Friday's data changed that.The two halves of the observation reinforce each other. Treasury Secretary Scott Bessent expanded long-duration bond buybacks repeatedly and yields rose across the curve anyway — the 10-year closed at 4.974%, up from 4.783% a week earlier and roughly 4.75% when Bessent first said long-dated yields were too high. The most recent operation drew $10.5 billion in tenders and Treasury accepted $5.2 billion, below its own ceiling.Warsh, meanwhile, spent Jackson Hole rejecting forward guidance and is now being pushed toward a decision by a single data release.Connors reads the yield move as investors worrying about more than where the Fed sets rates next week.The Debasement Case Explains Bitcoin's ResilienceHigher rates would normally pressure Bitcoin by making yield-bearing assets more attractive. Connors argues the current configuration allows both to be true at once.If yields are climbing because investors are worried about inflation, government debt and policy credibility, then Bitcoin and gold can trade as alternatives simultaneously. He noted both rose following Friday's data."We can't print oil, and you can't debase bitcoin," Connors said.That framing matches the correlation data. Bitcoin's 90-day correlation with the 10-year Treasury yield sits at −0.17 against gold's −0.41, meaning a rising yield barely dents it while gold responds more than twice as strongly.It also carries a limit the quote does not address. The same distinction cut against Bitcoin earlier in the week, when it fell alongside gold as yields surged and the dollar firmed. The fiscal-versus-growth channel is not a permanent support — it operates when the fiscal reading dominates, and the rate channel has repeatedly overwhelmed it.Fitch and Bank of America Both Point Past SeptemberFitch Ratings' Olu Sonola said the latest inflation data make it "increasingly difficult to justify a pause."Bank of America expects a 25 basis point increase next week with another 50 basis points of tightening by year-end. RBC Capital Markets separately revised from rate cuts to three hikes this year.Those forecasts converge on 75 basis points of total tightening, which reframes what Wednesday decides. The September move is largely priced. The path implied by the dot plot and updated projections is where the information sits.The report followed hotter producer-price data earlier in the week and came a day after the European Central Bank raised rates, lifting its deposit facility to 2.5% while raising its 2027 and 2028 inflation outlook.The Weekend Sits Between the Data and the DecisionSpot Bitcoin ETF trading paused once US markets closed and does not resume until Monday, leaving thinner liquidity to absorb any escalation.Brent closed at $104.61, up more than 8% on the week, after Saudi Arabia closed the East-West pipeline that bypasses the Strait of Hormuz and Houthi attacks hit Saudi energy facilities. Saudi production fell to 6.238 million barrels per day, the lowest since 1990.The Clarity Act cloture vote falls September 15. The Fed decides September 16 at 2:00 p.m. ET, with updated projections and a Warsh press conference.

Morgan Stanley increased its Bitcoin holdings for three consecutive days through its spot Bitcoin exchange-traded fund MSBT, spending $15.81 million to add about 203.446 BTC. According to Odaily, its total Bitcoin holdings have now exceeded 7,800 BTC and stand at 7,855 BTC, worth more than $600 million.

OpenAI đang mở rộng khung phần mềm tác nhân (agent framework) nền tảng cung cấp sức mạnh cho trợ lý lập trình hàng đầu của mình, Codex, cho tất cả các nhà phát triển, đánh dấu sự thương mại hóa chính thức kinh nghiệm kỹ thuật tác nhân tích lũy được của công ty.

CEO của Coinbase, Brian Armstrong, chỉ ra rằng việc Bitcoin đạt mức 400.000 đô la vào năm 2030 vẫn là một mục tiêu khả thi, và cá nhân ông tin rằng đáy của chu kỳ này có thể đã xuất hiện.

Sau khi kiếm được đủ tiền trong ngành công nghiệp tiền điện tử, bạn nên đầu tư số tiền tiếp theo vào đâu?

Xét trên bình diện vĩ mô, xuất khẩu AI đang trải qua giai đoạn tăng trưởng nhanh chóng. Trong nửa đầu năm 2026, xuất khẩu các sản phẩm liên quan đến AI của Trung Quốc chiếm 22,7% tổng kim ngạch xuất khẩu, đóng góp 8,6 điểm phần trăm vào tăng trưởng xuất khẩu chung. Xuất khẩu AI đã trở thành một xu hướng quan trọng của ngành công nghiệp này.

Giao dịch bán lẻ đang trải qua thời kỳ hoàng kim: ngay cả Giáo hoàng cũng đã tải xuống ứng dụng FOMO để giao dịch cổ phiếu meme. Ai cũng muốn trở thành streamer. Dự đoán thị trường xuất hiện ở khắp mọi nơi.

Trí tuệ nhân tạo, Công nghệ, Đặng Vũ: Nếu AI có thể giải quyết tất cả các bài toán toán học, tôi sẽ nghỉ hưu và viết tiểu thuyết. Một KOL tiền điện tử đã quyên góp 70.000 đô la cho một người lạ? Tài chính Vàng: Các KOL trên X đã bàn luận gì trong 24 giờ qua?

Jinse Finance ra mắt bản tin hàng ngày về ngành tiền điện tử và blockchain, "Jinse 8 AM," số 3179, cung cấp cho bạn những tin tức mới nhất và nhanh nhất về ngành tiền kỹ thuật số và blockchain.

Ethereum đang đặt cược rằng một khi rào cản phí giao dịch (gas barrier) biến mất, sẽ có nhiều người bắt đầu sử dụng Ethereum hơn.

Chỉ số giá tiêu dùng (CPI), Cục Dự trữ Liên bang, CPI tháng 8: Một báo cáo thoạt nhìn có vẻ thắt chặt chính sách tiền tệ nhưng thực chất lại ôn hòa và là một giao dịch "tăng lãi suất trước khi chính phủ công bố chính sách". Golden Finance: Báo cáo CPI này thoạt nhìn có vẻ vượt quá kỳ vọng một chút.

Bài viết đi sâu vào logic cơ bản của Thanh toán tự động (thanh toán có sự hỗ trợ của trí tuệ nhân tạo).