Strike Secures New York BitLicense, Officially Bringing Bitcoin Financial Services to Local Users

Beating AI Insight News Brief: Zhipu AI’s MaaS (Model as a Service) platform announced it will soon launch a "No Data Retention" feature. After users apply to enable this function, inputs and outputs from calls to general models will no longer be statically stored on the platform, with data only used to complete the current call. However, not all data is exempt from retention: features requiring persistent data such as Batch API and File API are not covered, while requests suspected of violating rules or being abused may also be retained for 30 days or longer. This mechanism is commonly called ZDR (Zero Data Retention), a feature already offered by model platforms including OpenAI, Anthropic, xAI, and Mistral, primarily targeting sensitive data like code and corporate documents that users do not wish to keep on model providers’ servers. Recently, Zhipu’s ZCode sparked controversy for its default upload of users’ repository data. Zhipu has issued a public apology and promised to open-source the project for review. Today, another enterprise sent a letter demanding Zhipu clarify the whereabouts and deletion status of the uploaded data. Zhipu did not state whether the MaaS feature update is related to the ZCode incident.

During the weekend closure of traditional markets, Trade.xyz – dubbed the "on-chain Nasdaq" – enables continuous trading and real-time price discovery via perpetual contracts, pricing in advance for Monday’s U.S. and South Korean stock sessions. Most popular U.S. stocks on Trade.xyz are trading lower than their Friday closing prices, signaling an overall small pre-market opening dip on Monday: SanDisk (SNDK) is currently at $1761.75, down 1.68% from Friday’s close of $1791.82; Marvell Technology (MRVL) stands at $240.79, down 1.42% from Friday’s $244.25; Micron (MU) is at $1001.85, down 1.37% from Friday’s $1015.8; AMD is at $554.09, down 1.02% from Friday’s $559.82; NVIDIA is at $220.49, down 0.80% from Friday’s $222.27; Google is at $349.53, nearly flat from Friday’s $349.54; Intel is at $109.81, up 1.11% from Friday’s $108.6. All popular South Korean stocks on Trade.xyz are trading slightly lower than their Friday closing prices, pointing to small opening dips for Samsung Electronics and SK Hynix on Monday: Samsung Electronics is at $187.26, down 0.62% from Friday’s $188.42; SK Hynix is at $1332.95, down 0.53% from Friday’s $1340.

Fed’s Kashkari stated that the U.S. Federal Reserve’s task is to bring inflation back to its 2% target. Inflation remains too high, and it is not solely driven by oil price factors.

According to Coinglass data, Coinbase’s Bitcoin Premium Index has turned negative again, now standing at -0.0198% (compared to 0.0013% yesterday), as buying sentiment in the U.S. market has slumped once more. BlockBeats Note: The Coinbase Bitcoin Premium Index measures the gap between Bitcoin prices on Coinbase, a leading U.S. crypto exchange, and the global average market price. It is a key indicator for monitoring U.S. market capital flows, institutional investment activity, and shifts in market sentiment. A positive premium indicates Coinbase’s Bitcoin price is higher than the global average, typically signaling strong buying demand in the U.S. market, active inflows of institutional or compliant capital, ample U.S. dollar liquidity, and generally optimistic investment sentiment. A negative premium means Coinbase’s Bitcoin price is lower than the global average, usually reflecting heavy selling pressure in the U.S. market, declining investor risk appetite, rising market risk aversion, or capital outflows.

U.S. Treasury Secretary Scott Bessent stated that the U.S. dollar remains on one side of 89.2% of global foreign exchange transactions, foreign investors continue to hold large amounts of U.S. assets, and major stablecoins are also denominated in U.S. dollars—relevant data does not support the claim that capital is fleeing the U.S. Bessent said the U.S. Treasury’s repurchase of Treasury bonds aims to increase market liquidity and manage the debt maturity structure, not to control the $30+ trillion U.S. Treasury market. If investors were truly unwilling to buy U.S. Treasuries, actual bid data would reflect that, but demand for U.S. assets from foreign funds remains strong. Norway is merely shifting some of its U.S. Treasury allocations to agency debt, and its holdings still fall under U.S. assets; the Netherlands repatriating gold from North American regions including New York and Ottawa reflects its preference for domestic asset custody. The Federal Reserve Bank of Atlanta projects the U.S. real GDP annualized growth rate for the third quarter to be 5.1%. The latest data also shows continued employment growth, sustained expansion in corporate investment and capital expenditure, with equipment investment in the second quarter of 2026 rising nearly 20% compared to the end of the Biden administration. Bessent criticized The New York Times for selectively ignoring data that contradicts its narrative, adding that complex financial realities should not be oversimplified to serve pre-established positions.

US President Trump said he may be open to meeting with the Iranian President, noting that some major events could happen in the near future. (Jinshi)