Coinbase’s Vice President of Product Has Resigned, Previously Overseeing Resolution of User Account Restrictions.

According to third-party data, as Bitcoin continues its current rally, the Ahr999 "bottom-fishing" indicator has entered the "dollar-cost averaging (DCA) range", now standing at 0.5073. Looking back at the Ahr999 "bottom-fishing" signal for this cycle, its window period (May 29 to August 19 this year, when the indicator was below 0.45) lasted roughly 82 days. BlockBeats Note: The Ahr999 indicator assists Bitcoin DCA users in making investment decisions by combining timing strategies. It reflects the returns of short-term Bitcoin DCA and the deviation between Bitcoin's price and its expected valuation. Historically, the Ahr999 index has remained below the bottom line (0.45) for 655 days in Bitcoin's history.

AI cloud company Nscale is seeking to raise up to $3 billion via a U.S. IPO, according to people familiar with the matter. (Bloomberg)

Foreign ministers of Oman and Iran discussed the conditions for resuming negotiations, aiming to support the restoration of navigation through the Strait of Hormuz. (Oman News Agency)

Goldman Sachs analysts noted in a report that surging demand for gold call options has amplified the risk of sharp swings in gold prices. Analysts including Lina Thomas wrote in the report that the rise in gold call option trading volume has formed a "price amplification mechanism for two-way volatility" in gold prices. "Therefore, we still maintain our forecast that gold will reach $4,900 per ounce by the end of 2026, though this projection faces notable upside risks, and gold prices are also subject to greater two-way volatility."

Iranian Foreign Minister Araghchi posted on social media that all sanctions and pressure policies imposed by successive U.S. administrations on Iran have failed, and the latest U.S.-announced economic pressure campaign against Iran is also "doomed to fail". Araghchi reviewed a series of U.S. policies targeting Iran in recent years in his post. He noted that 14 years ago, the U.S. claimed to impose "the harshest sanctions in history" on Iran; 8 years ago, it implemented "maximum pressure" on Iran; and 5 months ago, it demanded Iran's "unconditional surrender"—all of these policies ultimately ended in failure. In response to U.S. President Trump's recent announcement of taking "the most devastating economic actions against a country in history" against Iran, Araghchi stated that this move is also "doomed to fail". He also criticized that successive U.S. administrations have made no substantial changes to their Iran policies. Araghchi said: "We have seen this play before—same lies, just a new set of bullies." (CCTV News)

A whale trader known by the alias "First Set 10 Big Goals" is continuously updating his trading trajectory and insights for the current round on the X platform tonight. He noted that he had intended to re-enter long positions at the 72500 level, placing limit orders between 70500 and 71500 that went unfilled. "I wanted to re-enter the long positions I had closed earlier. At the time, I placed advance long orders between 70500 and 71500, and also a short order near 76000. My expectation was that if the price first dipped back to 70500-71500, I would re-enter the longs; if it didn’t dip and instead rallied quickly to near 76000, I would take a post-rally correction. In the end, the long orders below were not filled, and after the short order at 76000 was executed, the price continued surging above 79000. Looking back, my real mistake in this period was not the medium- to long-term direction, but underestimating the strength of this rally and betting on a correction too early," he explained. Despite the recent loss on that short trade, the whale added: "I still hold around 70 million in profit at present."