Note: The X account is not owned by the original Enron entity. Users should be aware of the risk.

Jiang Zhuoer, founder of BTC.TOP (B.TOP), posted that Changxin Memory will likely open higher, surge then pull back, hitting its all-time high on the first trading day. The ideal play is to buy at the A-share opening, sell during the midday H-share-driven rally, then sell on A-share and buy back on H-share the next day to square positions. Without H-share exposure, investors will be trapped by the T+1 trading rule, possibly holding the stock for a lifetime just like PetroChina.

OpenAI CEO Sam Altman will visit Washington next week to showcase the company’s most powerful AI model to the White House and push for its rapid approval. The model previously infiltrated Hugging Face. Reports note the new model has long-term planning capabilities, can independently complete original scientific research, and supports agent groups to collaborate on complex tasks including legal and financial matters. Though the report does not specify whether the new model is GPT-6, analyst Chubby believes Altman’s trip is to prepare for the launch of GPT-6. (Axios)

The U.S. Commodity Futures Trading Commission (CFTC) has informed prediction market firms that they frequently cross regulatory lines when creating a large volume of event contracts. The CFTC warned that it needs more specific information to conduct case-by-case evaluations of contract submissions. (CoinDesk)

According to Fortune, the Trump administration has deployed roughly $26.7 billion across around 30 equity or quasi-equity transactions. The largest holding is a 9.9% stake in chipmaker Intel, currently valued at approximately $42 billion. Other investments include a $400 million stake in rare earth miner MP Materials, a "golden share" retained when U.S. Steel was acquired by Japan’s Nippon Steel, and multiple equity positions in several quantum computing companies. The report states these holdings are spread across at least four U.S. agencies: the Department of Commerce (17 deals), the Department of Defense (7), the U.S. International Development Finance Corporation (DFC, 6), and the Department of Energy (2). Only the DFC holds explicit statutory authority for equity investments, a power Congress established in 2018 for overseas development projects. There is currently no unified public ledger for such government holdings; the most comprehensive public tracking is maintained by the Council on Foreign Relations. Some transactions are only in the process of signing agreements or nearing term sheets, especially the nine quantum computing-related deals announced by the Commerce Department within a single week.

In response to the shutdowns of BitMEX and BitMart, as well as shutdown rumors plaguing multiple centralized exchanges (CEXs), CZ remarked: "This is so brutal; hopefully this signals a bottom."

Aave founder Stani Kulechov posted on X that there is a greater need than ever for all industry stakeholders to align and do everything possible to advance the smooth passage of the U.S. CLARITY Act. Stani noted that while the CLARITY Act is not perfect and many details still need to be finalized by regulators, it will be the first piece of legislation addressing decentralized finance (DeFi), providing a clear legal framework and regulatory certainty for institutions, fintech firms, and banks to engage in on-chain finance. Once enacted, the CLARITY Act is expected to drive the on-chain finance ecosystem in a way similar to how the earlier GENIUS Act spurred growth in the stablecoin sector, attracting more investment and institutional capital to on-chain spaces. Stani added that over the past year, particularly in recent weeks and days, the Aave team has been in close communication with relevant policymakers in Washington, D.C. He noted that the effort to advance the bill has entered its "final mile," a critical phase.