Bitcoin ETFs see $111.94M inflow, Ethereum ETFs add $56.78M as weekly flows surge

Analysts attribute the recent drop in Bitcoin’s price primarily to net selling activity on Binance and OKX’s spot markets. The net selling volume on both exchanges continues to swell, representing a major source of downward pressure for the current market. By comparison, Coinbase’s spot market has remained in net buying territory, suggesting that some institutional capital is still accumulating Bitcoin on dips. At the same time, buying momentum in Bitcoin’s futures market is strengthening rapidly. Data indicates that amid the price correction, large investors (whales) in the futures space are consistently purchasing Bitcoin, signaling that some funds are leveraging the downturn to open long positions.

According to Bitget market data, spot silver has broken above $65 per ounce, gaining 2.66% intraday. Spot gold is currently trading at $4360.96, up 0.46% on the day.

OpenGradient co-founder Matthew posted that his market maker (MM) team’s funds on the BitMart exchange are currently unavailable for withdrawal, reportedly due to the platform being insolvent. Matthew noted that BitMart still required token holders to lock their assets on the exchange a week before halting related services, describing the move as “shocking”. He argued that BitMart’s prior push for users to lock assets was essentially aimed at securing liquidity. To date, BitMart has not responded to the related allegations. The incident has sparked community concerns over fund security, asset custody, and liquidity management risks associated with centralized crypto exchanges.

A new "AI chatbot" named ChatTJB has recently emerged in San Francisco, USA, but the "AI" behind it is not Artificial Intelligence—it refers to an Average Individual. Created by artist and former Google employee Tucker Bryant, ChatTJB operates by having Bryant personally read, contemplate, and manually respond to every question users submit. Its website dubs the project "Artisanal Intelligence," defining it as a "Single-Operator Large Language Experience (LLE)." Bryant stated the project aims to satirize users' overreliance on AI chat tools. He noted that as AI tools like ChatGPT grow in popularity, people are increasingly prone to accepting seemingly confident, polished answers while reducing independent thinking. ChatTJB is designed to deliberately lower efficiency, allowing users to rediscover the experience of waiting, uncertainty, and the thinking process. "It's not anti-AI—it's about encouraging people to rethink," he added. Besides text responses, ChatTJB also fulfills users' image generation requests with hand-drawn illustrations. The project's website explicitly clarifies that it is a satirical public art project, not an actual AI product. Bryant hopes that after experiencing ChatTJB, users will pause to reflect when encountering AI-generated content in the future: A smooth and confident answer does not necessarily mean a correct one.

Tether minted 1 billion additional USDT on the Tron network 7 hours ago.

Serenity stated in a post that financial publication Barron’s may have underestimated the analytical complexity of the optical communications sector when planning to report on optical module supply chain firms such as AAOI. Serenity noted that the optical module industry involves complex technical and commercial factors including supply chain structure, CW laser bottlenecks, internal capacity planning, revenue growth trajectories, and margin forecasts, requiring a background in engineering and industrial research. Serenity quipped that Barron’s hired a new recruit from a non-profit communications consulting role for the relevant position, then tasked them with building revenue and profit models, analyzing supply bottlenecks and capacity on their first day on the job. The new hire likely found the analysis of the complex semiconductor and optical communications industry chain "hard to grasp" and labeled the related companies as "meme stocks". Serenity criticized that if media outlets themselves lack an understanding of industry logic, their coverage will ultimately revolve around market sentiment and hype labels rather than delivering in-depth industry analysis.