BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

According to U.S. Securities and Exchange Commission (SEC) filings, Robinhood Markets (HOOD) CEO Vladimir Tenev sold 259,166 of the company’s shares on September 21, 2026, at an average price of $125.58 per share, totaling approximately $32.55 million. The transaction was executed under the pre-established Rule 10b5-1 plan. Tenev first automatically converted the 259,166 Class B common shares into Class A common shares, then sold all of the converted shares. Following the transaction, his direct holdings of Class A shares fell to zero, while he still holds 6,907 shares indirectly via a Living Trust. The related Form 4 was filed with the SEC on September 23.

According to Santiment data, address clusters holding 100 to 1,000 BTC have cumulatively added roughly 113,950 BTC since mid-July, bringing their total BTC holdings to around 5.24 million coins. Analysts note that this ongoing accumulation by mid-sized whales reflects that some large investors are still increasing their BTC exposure amid recent market volatility. If this accumulation trend continues, it could further reduce selling pressure on circulating market supply and provide support for future price rebounds. Meanwhile, this trend indicates that market capital is not generally exiting amid price fluctuations—some large-position investors are still accumulating BTC on dips.

Beating AI Insight News Brief: OpenRouter and OpenCode have launched an anonymous model called Space Bunny Alpha. The model features high-speed inference, supports adjustable inference intensity, a 1 million-token context window, and accepts text, image, and video inputs. OpenRouter is currently free, while OpenCode has announced a one-week limited-time free access period. The community quickly linked the model to the unreleased MiniMax M3.1. Multiple developers conducted model "fingerprint" tests using tokenizers, anomalous tokens, and error behaviors, with results showing a high similarity between Space Bunny Alpha and MiniMax models. The official MiniMax Code open-source repository also saw the early appearance of MiniMax-M3.1. The test code includes a 1 million-token context window and low, high, and max inference intensity settings, which align closely with Space Bunny’s announced features. To date, MiniMax has not confirmed Space Bunny’s true identity.

U.S. National Economic Council Director Kevin Hassett questioned the Federal Reserve’s recent interest rate hike decision during an event at Georgetown University on September 23 (local time). Noting that the annualized core inflation rate is already near 2%, he said he does not understand why the Fed is still considering additional rate increases. Hassett also criticized several Fed officials not appointed by former President Trump for publicly supporting continued rate hikes, describing Fed Chair Kevin Warsh’s current leadership of the central bank as an “exceptionally partisan Federal Reserve.” He added that restoring the Fed’s independence remains a top priority for Warsh. Earlier, the Federal Reserve raised its federal funds rate target range by 25 basis points to 3.75%–4% on September 16, its first rate hike since 2023. The latest projections show 16 of 18 Fed officials expect at least one more rate hike by 2026. Hassett also singled out Fed Governor Michael Barr and former Chair Jerome Powell, arguing their continued seats on the Fed’s Board of Governors after exiting their leadership roles deviate from the longstanding practice where chairs and vice chairs step down from the board upon the end of their tenures. Barr recently also stated that further rate hikes may still be necessary to drive inflation back to the 2% target on a sustained basis.

Liquid Capital founder Jack Yi posted that 20 days ago, he predicted Bitcoin (BTC) would face significant resistance near $86,000 and likely undergo a phased pullback, making closing long positions around that level a sound choice. Yi added that while he expects a pullback, shorting is not recommended in a bull market—traders should instead keep pursuing long opportunities. He noted bull markets do not rise in a straight line, with each pullback potentially offering a re-entry chance, and warned against chasing "the last penny" of gains, stressing the importance of timely stop-losses and proper risk management.

Former OpenAI researcher Will Depue has published a lengthy article stating that humans will soon see machines surpassing them in nearly all intellectual and physical capabilities, adding that most people have not truly accepted this trend. Depue argues that human capabilities such as entrepreneurship and taste do not have a "special and safe moat," and professions including investors, entrepreneurs, consultants, content creators, and musicians may undergo changes similar to those experienced by software engineers and mathematicians. He believes AI will eventually reach or even exceed human limits in fields like literature, poetry, music, and visual arts. Even if AI lacks human emotions and love, it may still outperform humans in making others "feel loved"; in the future, the only jobs that can resist automation may be crafts that derive value solely from being "created by humans." Depue emphasizes this is not pessimism. He notes humans can still gain value from human-to-human communities, art, and relationships, but should seriously face the future where machines surpass their capabilities: "Don’t cling to your abilities—they will disappear soon." When asked about the timeline for this future, he says it could take five years or fifty years, but humans are approaching non-human intelligence that can understand and express the "human condition" in ways humans cannot comprehend.