Bernstein: Bitcoin could surge to $150,000 by mid-2027, hitting a peak of roughly $300,000 in 2029

Beating AI Briefing: AI search company Keenable has emerged from stealth mode, securing $26 million in seed funding led by Accel with participation from Conviction. The firm has built an independent index of over 100 billion web pages, enabling its agents to search via API or MCP and directly retrieve structured full web content. Founder Andrey Styskin previously led Yandex Search and its advertising business, and later worked on web infrastructure at Amazon AGI. Styskin also announced the launch of Web Query Language (WQL). In simple terms, Keenable aims to let agents stop searching individual web pages, and instead query the entire web as a single database. Even when answers are spread across different sites, the tool can sift through all relevant sources at once and compile the results. It can be understood as "adding an SQL-like query interface to the internet". The company’s Search API and WQL are available for free through the end of September. Keenable is not the first to develop agent search tools; rival Exa also maintains an index of around 100 billion web pages. Keenable’s immediate key advantage is pricing: $4 per 1,000 searches, versus Exa’s $7, a roughly 43% lower cost.

Changxin Technology announced that the over-allotment option for its initial public offering (IPO) on the STAR Market has been fully exercised, adding 1.003 billion new shares and bringing its total share capital to 67.884 billion shares. Since the stock price remained above the issue price of RMB 8.66 per share during the exercise period, China International Capital Corporation (CICC), the authorized joint lead underwriter for the offering, did not use the over-allotment proceeds to purchase shares of the offering in the secondary market via bidding transactions.

According to Lookonchain’s monitoring, a crypto whale that has held over 6,504 ETH for more than two years has just transferred all of his remaining 6,504 ETH (valued at $15.94 million) to Binance, incurring a total loss of $10.58 million.

Beating AI Insights Flash: Perplexity has launched Portable Computer, moving its entire Computer Agent to local operation. Models, planning, tool calls, task queues, and file searches all run on users’ own devices, with local tasks no longer consuming Perplexity credits. The device initially supports NVIDIA DGX Spark, and can run Qwen 3.8 27B and Perplexity’s post-trained PPLX 27B models. For tasks requiring internet search, browser operations, or more advanced reasoning, users may call over 15 leading cloud models with explicit consent. Even though models and computing power are user-owned, Portable Computer remains exclusive to Perplexity Pro and Max subscribers. Some community users have criticized the move: “I’m buying hardware to run local models myself—why do I still have to pay Perplexity a monthly fee?”

According to Forbes, Bitcoin rose approximately 20% over the past week, breaking above $80,000 for the first time since May. BlackRock Digital Assets head Robbie Mitchnick stated that the size of the firm’s Bitcoin spot ETF IBIT “will continue to grow” as BlackRock expands investor access to and allocation channels for Bitcoin. The asset manager has lowered the minimum threshold for investors to directly exchange Bitcoin for IBIT shares from $25 million to $1 million. This mechanism allows eligible investors to convert their Bitcoin holdings directly into ETF shares without first selling Bitcoin on the market, potentially avoiding capital gains taxes from asset sales. Since its launch, IBIT has become the fastest-growing ETF across multiple size metrics, currently holding over 765,000 Bitcoin for investors, valued at roughly $60 billion. Mitchnick noted real-world risks including kidnappings, ransomware, and custody failures are driving some Bitcoin holders to shift all or part of their self-custodied assets into ETFs. Recent attacks on some Coldcard hardware wallets have further heightened market concerns about the security of self-custody. Data shows the 13 U.S. Bitcoin spot ETFs, led by IBIT, recorded their strongest single-week capital inflow in nearly 10 months. Talos researchers said Bitcoin’s roughly 23% weekly gain and corresponding volatility increase rank among the highest in history, with similar trends typically linked to above-average short-to-medium-term returns. Unlike the May breakout, which lacked ETF inflow support and subsequently pulled back, this week’s rally is backed by unprecedented structural buying pressure.

According to HTX market data, HYPE briefly broke through $83.6 to set a new all-time high, with a 2.97% rise over the past 24 hours.