Well-known trader Killa: Altcoins may have already bottomed out ahead of schedule, making now a good time to accumulate positions.

Bitcoin fell in low-liquidity conditions on Monday, dropping nearly 2% intraday, falling back below the $80,000 threshold again and erasing almost all of its gains from the weekend when it first broke above that level. This comes after Bitcoin notched its first weekly close above $80,000 since May. Due to the U.S. Labor Day holiday, U.S. stock markets were closed, reducing market liquidity and leading to thinner order books, amplifying the risk of short-term price swings. Data from CoinGlass shows that long and short liquidations in the crypto market over the past 24 hours were relatively balanced, with total liquidations amounting to around $178 million. Currently, near-term market liquidity is concentrated at two key levels: $80,500 and $78,800. QCP Capital noted that market volatility has continued to contract recently, with traders waiting for new external catalysts. U.S. inflation data set to be released this Thursday and Friday could be a key factor influencing the market’s direction and further shaping expectations for the Federal Reserve’s interest rate hike path. Despite Bitcoin’s recent sideways consolidation, analysts are still highlighting its resilience. Ryan Lee, chief analyst at Bitget, stated that Bitcoin’s ability to hold its high range—even amid stronger-than-expected U.S. jobs data, which typically boosts U.S. Treasury yields and the dollar and pressures risk assets—shows the market is not viewing potential Fed rate hikes as the sole determinant of current price action. Additionally, inflows into U.S. spot Bitcoin ETFs remain a key market focus, with net inflows hitting around $730 million in a single day earlier, marking the highest daily inflow since January this year.

Insight: Beating AI News Flash — OpenAI Chief Scientist Jakub Pachocki warned that artificial intelligence is advancing too rapidly, growing increasingly difficult for humans to understand and control, stating that "extreme caution is needed now." He noted that AI models can already operate computers, collaborate with humans and other AIs, and conduct research, and that in the near future, they may achieve "recursive self-improvement" without human intervention. Pachocki expressed concern that no one is prepared for the consequences of the continuous rapid advancement of machine intelligence. Developers can align AI more closely with human interests, or slow down future research and development (R&D) if necessary. He anticipates and hopes that "voluntary slowdowns" in R&D by AI labs will become the norm before the industry establishes common safety standards. OpenAI has currently adopted a limited rollout approach for GPT-6 Astra due to its advanced cybersecurity capabilities.

Hunter Biden’s upcoming Meme coin project, set to launch on September 9, has released detailed tokenomics for its LAPTOP token on its official website. The LAPTOP token has a total supply of 1 billion units, with 35% (350 million tokens) unlocked at the Token Generation Event (TGE), and full unlocking will take 36 months. The token allocations are as follows: 30% to founders, 30% to prediction markets, 10% to initial airdrops, 10% to future airdrops, 10% to liquidity, 5% to the foundation treasury, and 5% to charity. Notably, the handling of the 30% total allocation will be determined by the settlement results of 30 Polymarket prediction markets covering political, crypto, and cultural categories. If a market settles to YES, the corresponding tokens will be burned directly; if settled to NO, they will be donated to charity.

Hunter Biden, son of former US President Joe Biden, is set to launch a meme coin called LAPTOP. The project team has issued a reminder to the community to beware of counterfeit tokens and malicious links, stating that the LAPTOP project will never proactively contact users, nor will it ever request private keys, mnemonic phrases, or personal information, urging users to only trust communications from official channels. As BlockBeats previously reported, after Hunter Biden officially announced the coin launch, numerous LAPTOP-named tokens emerged on various popular meme coin blockchains, with most of them following a trend of surging first and then plummeting to near-zero value.

According to data from Predict.fun, in its prediction market for the 2026 U.S. Midterm Elections, the current probability of a "Democratic landslide" is as high as 51%, the probability of Republicans winning the Senate and Democrats holding the House is currently reported at 35%, while the probability of a "Republican landslide" is only 11%.

The "white hat hacker" who attacked the Liquid network and stole approximately 4,000 BTC has returned around 3,400 BTC to the Liquid Federation, with roughly 600 BTC still outstanding. The repayment stems from earlier on-chain communication, where the address claiming to be the white hat hacker stated it would return the stolen Bitcoin once Blockstream patched the vulnerability. The incident remains under active development. Notably, during prior discussions with Blockstream, the Liquid white hat hacker pledged to return "most" of the 4,000 BTC, not the full amount; the unreturned funds are likely intended as a bounty.