Bitcoin saw a sharp short-term rally, with two short positions worth over $10 million liquidated.

Beating AI News Flash: Alibaba has appointed Liu Dayiheng as the head of its Qwen large language model. The official website of the Yunqi Conference has updated his title to "Head of Qwen LLM Project". Liu joined Alibaba in 2021 and has since been a core R&D member of Qwen. This March, Lin Junyang, Qwen's technical lead, left to start a business; in June, Zhou Jingren, who oversaw AI model R&D, stepped down from his management role and was reassigned as Alibaba's Chief Scientist. Following consecutive adjustments over half a year, the leadership of Qwen's large language model line is now officially confirmed. Liu has also been positioned in a core role at this year's Yunqi Conference. Among the conference's official guest speakers, he ranks after Alibaba Chairman Joseph Tsai and CEO Daniel Wu, and will deliver a speech titled "Qwen: Towards Real-World Agents" at the main forum.

Well-known trader Killa updated his outlook on Bitcoin’s recent sharp rally, stating that Bitcoin’s next target could reach the $88,000 range. If it drops sharply below $80,000, it may test the $70,000 level, but this scenario is currently unlikely based on volume analysis. Killa, a quantitative trader focused on BTC, predicted the peak of the current bull market back in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then switched to long positions during the broad market sell-off on June 5.

According to CryptoQuant data, Bitcoin's network hashrate has rebounded again after ending its recent downward trend, indicating a recovery in miner activity.

According to an official announcement, Binance will list the ARB/U and ENA/USD1 spot trading pairs at 16:00 China Standard Time (UTC+8) on September 22, 2026, and will simultaneously activate spot algorithm order services for these pairs. Concurrently, spot grid trading and spot DCA (Dollar-Cost Averaging, the average cost method) will be enabled for NVDAB/USDT and QQQB/USDT.

According to HTX market data, fueled by Bitcoin's rally breaking above $84,000, several public chain tokens have surged. HTX figures show SUI is currently trading at $1.0062, with a 24-hour gain of 19.08%. SEI is priced at $0.0581, up 20.37% in the past 24 hours.

BTC.TOP founder Jiang Zhuoer stated in a post that Bitcoin’s price trajectory aligns with one of his previously outlined expected scenarios: “Test the high resistance zone of $83,000 to $84,000, then a major pullback will follow.” Jiang added, “This pattern means this is not the peak—wait and see, don’t go short, and hold full spot ETH positions for further upside.”