According to BlockBeats, the U.S. Department of Commerce will release the July Personal Consumption Expenditures (PCE) price index at 8:30 PM Beijing time on August 26th. The market expects the overall PCE to rise 0.1% month-over-month in July, with the year-over-year increase falling to 3.6% from 3.7% in June; the core PCE is expected to rise 0.2% month-over-month from 0.1%, while remaining at 3.3% year-over-year, marking the 65th consecutive month above the Federal Reserve's 2% inflation target.

It's worth noting that rising prices across the AI industry chain, high stock market valuations driving up portfolio management fees, and the Middle East situation leading to increased energy costs could all be potential drivers of core inflation. Goldman Sachs estimates that stock market valuation factors alone may contribute approximately 0.11 percentage points to the July core PCE month-on-month increase.

What is drawing even more attention from the market is that the U.S. Bureau of Economic Analysis plans to make a comprehensive adjustment to the PCE statistical methodology by the end of September. In the future, it may adjust the price calculation of categories such as computer hardware, stock portfolio management and legal services, and may retrospectively correct historical data, increasing the difficulty of interpreting inflation data.

Market divergence regarding the Federal Reserve's policy path in September has intensified. CME's FedWatch tool shows a 59.9% probability of the Fed keeping interest rates unchanged in September, while the probability of a 25 basis point rate hike has risen to 40.1%. The market is also awaiting the Jackson Hole symposium this week for the latest signals from Fed Chairman Warsh on inflation and subsequent interest rate policy.

According to BlockBeats, on August 26, the U.S. spot Bitcoin ETF recorded net inflows for the seventh consecutive trading day, attracting $314 million in a single day, bringing the cumulative net inflow for August to $3.03 billion, only $390 million lower than the monthly inflow record in October 2025.

With the recent continuous return of funds, the year-to-date net outflow gap of the US spot Bitcoin ETF has narrowed by more than half from its previous high to $2.26 billion, with total net assets rising to $99.05 billion and cumulative net inflows reaching $54.36 billion. If the current trend continues, August is expected to become the strongest month for fund inflows since October 2025.

Meanwhile, the US spot Ethereum ETF also recorded net inflows for seven consecutive trading days, attracting $179.8 million on Tuesday alone, with a cumulative net inflow of approximately $1 billion over the past seven trading days. As of press time, Bitcoin was trading at $78,880, down about 2% in the past 24 hours, after previously breaking through $80,000; the Crypto Fear & Greed Index fell from 74 to 65, but remains in the "greed" range.

According to Beating AI News, YuanYuan Rhythm, founded by Wang Yunhe, former head of Huawei's Pangu Big Data Model, has completed a new round of financing, reaching a valuation of hundreds of millions of US dollars, bringing its total financing to tens of millions of US dollars. This round was led by Honghui Fund.

The company's main focus is Routing Harness, which allows agents to automatically select and switch between different models while performing tasks. Its subsidiary, OpenSquilla, has approximately 6,400 stars on GitHub; its multi-model API platform has 54,000 users, and its daily token calls have exceeded 500 billion.

In the evaluation published by Primal Rhythm, a set of domestically produced multi-model combinations outperformed Fable 5 on the DRACO research task, with a cost of about one-third of the latter.

Wang Yunhe's next step is to train the model himself, using the real-world tasks, model selection, and user feedback accumulated by Harness to train it, moving from "helping the agent choose a model" to "actor-native model".