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Huobi HTX Chief Analyst Cloud: The Bitcoin pullback is a normal retracement, and the differentiation of altcoins may continue until this week's data is released

The 10-year U.S. Treasury yield returned to above 5.2% overnight, reaching a high not seen since 2007, putting pressure on global risk assets. Bitcoin has fallen back to around $83,000, with altcoins experiencing even larger declines. In this regard, Cloud, the chief analyst at Huobi HTX, believes that this drop is more akin to a normal pullback after a rebound and does not constitute the starting point of a trend reversal. The high U.S. Treasury yields mainly suppress valuations, with limited impact on the overall liquidity. The funding structure and holding costs of the crypto market itself have also not been disrupted. This round of decline seems more like a clearing of positions before key data is released.It is important to be cautious about the divergence between Bitcoin and altcoins. During a phase of marginal liquidity tightening, funds tend to concentrate on the most certain top assets; altcoins lack incremental funds to support them, and with heavier leverage, their pullbacks are therefore amplified. This divergence is likely to continue before the release of this week's PCE and non-farm data. If the data falls short of expectations, altcoins will have greater elasticity and thus higher risks; if the data exceeds expectations, Bitcoin's relative strength will be more pronounced. Whether Bitcoin can stabilize at key support levels will be the main signal to determine if this round of pullback has ended.Note: The content of this article does not constitute investment advice, nor does it constitute any offer, solicitation, or recommendation of investment products.

first_img Bitget: A small amount of hot wallets were unauthorizedly transferred, involving 351.6 million USD; the vast majority of the platform's assets are safe, and the protection fund can cover the losses

The cryptocurrency trading platform Bitget announced on its official X account that on September 24, 2026, at 18:31 (UTC), its security system detected unauthorized transfers from a small number of hot wallets. The security team has immediately initiated an emergency response procedure and started a comprehensive investigation.Bitget stated that, based on current assessments, approximately $351.6 million in assets are affected. Cold wallets and the vast majority of assets on the platform remain secure and unaffected, and user funds are still protected. The incident falls within the coverage of the user protection fund, which currently holds over $464 million.Bitget mentioned that customer account balances remain accurate, and deposits and transactions continue to operate normally. As a precautionary measure, withdrawals have been temporarily suspended to allow the team to complete a thorough security review. The company has identified and flagged the relevant transfer addresses, formally contacted law enforcement agencies and on-chain security partners, and will restore withdrawals as soon as safety is confirmed, providing subsequent updates through official channels while refraining from speculating on the attack path during the investigation.

first_img Jeff Booth stated that the $1 million Bitcoin target is too small and believes that the dollar-denominated system is manipulated

Writer and author of "The Price of Tomorrow," Jeff Booth, stated in a video interview with Bitcoin Magazine that the price target of $1 million for Bitcoin is "thinking too small." He believes that pricing Bitcoin in a constantly depreciating fiat currency is equivalent to valuing it within a system manipulated by currency devaluation, making such a target invalid. In his view, Bitcoin is not just a token or an asset, but the beginning of a decentralized, secure, and privacy-focused protocol stack, which will ultimately resemble the internet, and it is also the first true free market in human history.In the interview, Booth also discussed AI valuation and technological deflation. He believes that a free market will drive the prices of AI services toward zero, and this deflationary force brought by AI will conflict with a monetary system built on debt. He mentioned the United States' debt of up to $40 trillion, bond yields, and a financial system that is approximately $350 trillion in size and essentially insolvent, linking AI singularity theory, market fear, and monopolistic regulation.In the longer-term section, Booth talked about the adoption timeline of Bitcoin and emphasized that Bitcoin is not just an asset. He also discussed the global expansion of Bitcoin payments and the circular economy, as well as ideas such as private equity supported by Bitcoin and permanently held enterprises, outlining a deflationary future priced in Bitcoin.

Tether released a dataset of 191.4 billion Token STEM, betting on the "explanatory ability" of local small models

The stablecoin giant Tether's Tether AI Research today released QVAC Genesis III, a synthetic training dataset aimed at the fields of science, technology, engineering, and mathematics, with a scale of 19.143 billion tokens, covering 159.6 million documents.It is reported that Tether hopes to enhance the reasoning and teaching capabilities of small AI models, allowing more AI assistants to run directly on laptops, mobile phones, and local servers, reducing the ongoing reliance on large cloud models.Genesis III continues the data lineage of Genesis I and Genesis II, covering 19 curriculum-related fields including biology, chemistry, physics, mathematics, computer science, medicine, electrical engineering, and machine learning, aimed at high school, university, and professional applications. Tether states that the dataset will focus on training models to explain problem-solving paths, identify erroneous reasoning, and provide corrections, rather than just outputting final answers.According to Tether's disclosed test results, a 1.7 billion parameter model trained with Genesis III option-level data achieved an effective answer rate of 99.45% in relevant benchmark tests. Compared to the Cosmopedia-v2 training model of similar token scale, Genesis III improved scores on the ARC-Easy, ARC-Challenge, and MMLU STEM benchmarks by 28.57, 21.35, and 15.03 percentage points, respectively.

SlowMist: FomoPeek versions 1.1–1.2 contain malicious code, which may lead to the leakage of private keys and mnemonic phrases

SlowMist released a security warning stating that it has recently received multiple reports of FomoPeek users' assets being stolen. After a joint investigation with the OKX security team, it was found that some affected users had previously installed or used FomoPeek versions 1.1 to 1.2, which contained malicious code. SlowMist stated that there are modules in FomoPeek unrelated to normal business, one of which includes a kernel exploit framework targeting the iOS system, supporting eight different attack methods that can automatically select the exploitation method based on device model and iOS version. Affected systems include iOS 12 to 18.7 and iOS 26 to 26.1. If the exploitation is successful, the application may break through the iOS sandbox and access and decrypt Keychain data, leading to the leakage of private keys, mnemonic phrases, login credentials, and other sensitive files. In addition, FomoPeek also connects to hidden servers unrelated to its public services and can receive remote commands. SlowMist indicated that its analysis of captured plaintext traffic shows that the related attack functions are currently enabled and will run automatically on a regular basis. SlowMist recommends that users who have installed or used FomoPeek versions 1.1 to 1.2 immediately check for any anomalies in their assets, generate new private keys and mnemonic phrases on trusted devices that have never installed the application, and transfer assets to new accounts as soon as possible, while also upgrading to the latest iOS version and not continuing to use or reinstall FomoPeek.
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