Bitcoin Funding Rate Turns Negative for Seventh Time in One Year, Signaling Potential Bull Run

According to official announcements, CleanSpark (Nasdaq: CLSK) has announced that its wholly-owned subsidiary CSDC Finance I, LLC has completed the previously announced offering of $2.276 billion in aggregate principal amount of 7.875% senior secured notes, which mature in 2031. The notes have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the U.S. unless registered or an applicable registration exemption applies.

Beating AI Express News: A Financial Times investigation finds that open-weight models are spreading from tech companies to traditional U.S. enterprises. AlphaSense data shows that U.S. firms mentioned open-weight or open-source models around six times more year-on-year in earnings calls and investor meetings in August and September this year. PNC Financial, logistics firm CH Robinson, and Siemens have all recently publicly discussed related applications. The most direct driver for enterprises switching models is cost. Tinder’s annual AI spending jumped from roughly $1 million in January this year to around $10 million in July, and it has now started routing some regular requests to open-weight models. Larger telecom firm AT&T currently offloads about 40% of its AI tasks to open models, with plans to raise that share to roughly 70%. Its internal AI system processes around 45 billion tokens daily: simple tasks are assigned to cheaper models, while complex tasks remain with leading models from OpenAI, Anthropic, and other providers.

According to Bitget market data, South Korea's KOSPI index closed down 191.17 points, a 2.7% drop, to 6889.75 points. Samsung Electronics and SK Hynix both fell more than 5%.

According to TradingBeats monitoring, the address starting with 0x9c6a on Hyperliquid still holds approximately 550,000 SOL contract long positions, with an average entry price of around $80.9. The current value of this position is roughly $65.01 million, generating an unrealized profit of about $20.53 million, representing a return of over 900%. Earlier, this address added to its positions on August 10 when SOL was trading near $77, during which it had reduced positions to take profit before adding again. As of press time, SOL is temporarily quoted at around $118, up roughly 53% from its entry points.

French Bitcoin treasury firm Capital B announced it purchased 13 BTC for 970,000 euros, bringing its total holdings to 3,538 BTC.

According to Arkham’s monitoring, a whale transferred 1.37 million UNI tokens to Wintermute’s hot wallet via an intermediate address. The batch of tokens is valued at approximately $12.83 million, and the move is suspected to be an over-the-counter (OTC) position reduction. The address in question previously withdrew UNI from Coinbase Prime, sending out 1.37 million tokens at 11:00, and aggregating them to Wintermute roughly five minutes later. Address: 0x47c979286d5a701d47b87aecb15f919eeaba2b8e