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Crypto token BRIAN plummets to near-zero in 24 hours, market cap falls to $1.4 million, Coinbase CEO changes X profile picture again.

57 minutes ago

According to GMGN market data, Base-based meme token Brain (Coinbase Man) briefly surged past $35 million in market cap yesterday before plummeting to $1.4 million as of now—down over 93% in 24 hours, with a 24-hour trading volume of $21 million. Brain adopts the native B20 token standard rolled out via Base’s Beryl upgrade, and its name is derived from Coinbase CEO Brian Armstrong. Armstrong recently changed his X profile picture, and the new image closely aligns with the Brain token’s icon, sparking community speculation and driving a rapid rise in trading activity. Following Armstrong’s latest X profile picture change, the meme token faced massive sell-offs and is now on track to “go to zero”. BlockBeats reminds users that meme coins are highly volatile, primarily driven by market sentiment, community hype, and narratives, with no solid fundamental support. Investors should pay close attention to risks.

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Claude Fable 5 will not be discontinued, and has officially remained in the premium subscription tier.

Anthropic announced that Claude Fable 5 will be officially included in its Max and Team Premium plans starting July 20. Users can allocate up to 50% of their plan credits to Fable 5, with no temporary deadline imposed. Pro and Team Standard users will still need to access Fable 5 on a pay-as-you-go basis, and Anthropic will grant these users a one-time $100 credit. When Fable 5 launched, Anthropic only committed to offering free access to the model until June 22. The model was later suspended due to U.S. export controls; after resuming on July 1, the plan access window was extended from July 7 to July 12, then to July 19. Anthropic has consistently stated that demand is unpredictable, requiring gradual increases in computing power. This timing is hard not to link to Kimi K3, which has recently matched or surpassed Fable 5 in multiple programming and agent benchmarks, with some tasks even outperforming it. Competitive pressure may have accelerated Anthropic’s decision, though no direct evidence exists to confirm this.

5 minutes ago

Alibaba releases Miaowu Team Edition, an enterprise-level AI application creation platform.

At the 2026 World Artificial Intelligence Conference (WAIC), Alibaba unveiled Meoo Team, the enterprise team edition of its Miaowu enterprise-grade AI application creation platform. Its core capabilities include unified identity management, unified procurement and quota control, fine-grained permission management, and team asset sharing, among others. Meoo Team is designed to address key challenges enterprises face in AI creation, such as resource coordination, permission allocation, and asset ownership, while enhancing collaboration efficiency for teams across e-commerce, content creation, product operations, marketing, finance, education, and other fields.

5 minutes ago

Crypto whale, following the strategy of "setting 10 major targets first", again goes long on BTC, accumulating $3.94 million in profit over the past month.

According to monitoring by crypto analytics account Ai Yi, whale trader alias "Set 10 Big Goals First" posted early this morning that he has opened a long position of 69.4 BTC, valued at roughly $4.43 million, with an entry price of $63,827.06. Ai Yi notes the position was built during Bitcoin’s early-morning rally and is likely only an initial entry. Data indicates that since June 25, Jason’s three BTC long trades each exceeded $200 million in size, generating cumulative profits of approximately $3.94 million.

5 minutes ago

A crypto whale has added 1001 BTC to its holdings once more; last year, it purchased over $290 million worth of Bitcoin via over-the-counter (OTC) trades.

According to monitoring by Onchain Lens, a whale address that previously accumulated over $290 million worth of Bitcoin through Galaxy Digital last year has added to its holdings, receiving 1001 BTC valued at approximately $64 million. The relevant addresses include the main wallet bc1qexplq4mlp7umxavr2qceaqzc2w8fzc9enpty55 and its associated address 39aNzneDLY6oHifvRpxwXaeCPkP9gcZxNx.

5 minutes ago

Serenity: Goldman Sachs sharply raises earnings forecasts for Zhongji Innolight, with the fundamentals of the AI optical module industry chain continuing to improve.

Analyst Serenity published a note stating that Goldman Sachs has raised its price target for China Unichip to 2,581 yuan, representing around 163.6% upside from the current share price. Serenity pointed out that, rather than the price target, what deserves more attention is Goldman Sachs’ sharp upward revisions to China Unichip’s 2026–2028 earnings forecasts, by 65%, 108%, and 119% respectively. Goldman Sachs attributes this to key drivers including surging shipments of silicon optical modules, ongoing expansion of AI infrastructure, higher average selling prices (ASPs) and margins from 1.6T/3.2T optical modules, and sustained growth in AI capital expenditure. Serenity views China Unichip as a critical barometer for the optical communication sector’s prosperity, analogous to Taiwan Semiconductor Manufacturing Company (TSMC) for semiconductor capital spending. If silicon photonics penetration continues to rise, it will further expand demand in niche segments such as continuous wave (CW) lasers and silicon-on-insulator (SOI) substrates, while higher ASPs for next-generation high-speed optical modules will also benefit the entire optical communication industry chain. Additionally, Serenity noted that China Unichip previously disclosed in communications that demand for 800G optical modules has exceeded expectations, meaning upcoming earnings results from optical communication firms including Applied Optoelectronics (AAOI) and Lumentum (LITE) also merit close attention. Serenity concluded that, amid a sharp sector pullback, Goldman Sachs’ large upward earnings revisions reflect the robust fundamentals of the AI optical communication industry chain, and the entire photonics ecosystem is poised to benefit from the new wave of AI infrastructure development.

5 minutes ago

Bank of America appoints head of digital assets and AI, accelerating the expansion of its crypto business.

Bank of America has appointed Sonali Theisen as head of its global digital assets platform and Kevin Milsom as head of AI transformation to advance the bank’s digital asset and AI strategic development. Theisen will oversee the design, development, expansion and governance of the bank’s digital assets platform, while continuing to serve as head of electronic trading and strategic investments for its fixed income, foreign exchange and commodities (FICC) business. Her key work includes integrating blockchain products into Bank of America’s existing financial market infrastructure, and collaborating with Adam Dixon, head of digital asset transformation, to advance tokenized deposits, stablecoins, digital collateral circulation, crypto trading settlement and custody services. Milsom will lead the application of AI across Bank of America’s global markets platform. Reports note that this move follows the trend of Wall Street financial institutions accelerating their expansion into digital assets and AI. Earlier, Vanguard launched a search for its first head of digital assets, and Morgan Stanley appointed Amy Oldenburg as head of digital asset strategy earlier this year to drive the integration of crypto assets and asset tokenization with traditional financial infrastructure.

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