Bitcoin falls below $77,000, Ethereum drops below $2,400.

According to Kyodo News, a senior Iranian official revealed that Iran has informed the Trump administration that if the U.S. accepts Iran’s demands including lifting the military blockade on Iranian ports, Iran will open the blocked Strait of Hormuz within seven days. Iran plans to use the U.N. General Assembly session in New York as an opportunity to hold consultations with mediating countries based on this proposal. According to Iranian government officials, if the U.S. not only lifts the port blockade but also commits to halting military operations around the strait, Iran will agree to open the strait as soon as possible. Rezaei, secretary of Iran’s Supreme National Security Council, stated on the 19th of this month that resuming negotiations with the U.S. requires the U.S. to accept seven demands including lifting the port blockade and unfreezing Iranian assets.

Renowned crypto trader Bonk Guy posted that his X account was locked a week ago following a post about the Arc blockchain. X demanded he add a "Paid Partnership" tag to the post, or his account would not be restored. The post mentioned three brands: Arc, Long, and Fomo. Bonk Guy stated he had never interacted with Arc, his first contact with Long occurred after the post was published, and Fomo had long publicly disclosed their referral link relationship. He emphasized he received no payment or partnership from either Arc or Long. Upon further inquiry, Bonk Guy found that X appears to require posts containing referral links to use the "Paid Partnership" tag. Though he views the tag as inaccurate, he has decided to comply with the rules and resume using X. He also reaffirmed he has never accepted paid trading calls, revealing that Pumpfun invited him to trade on its platform about a month ago, later offering a product advisor role and other partnership opportunities—all of which he rejected. Bonk Guy cited his reasons for declining as misaligned values between the two parties, Pumpfun’s prior reputational attacks against him, and his lack of need for such partnerships for income. He added that he will still pursue commercial partnerships for products he endorses and believes benefit his followers, provided he actually uses the product, is willing to vouch for it, and fully discloses the partnership. Bonk Guy noted his return to X is primarily to avoid being removed from the platform, and he will abide by X’s current rules. He also said he has "been holding back for a week" and is ready to continue sharing his holdings, trades, and market insights.

According to market data from BIT (bit.com), Dow Jones futures turned positive, rising 0.07% intraday, while S&P 500 futures gained 0.01%. WTI crude oil dropped below $91 per barrel, logging an intraday decline of 1.5% to reach $90.96 per barrel.

According to market data, Binance has launched the MOONSHOTUSDT USDT-margined Pre-IPO perpetual contract, which is currently trading at $74. Based on an estimated 1 billion shares, the corresponding over-the-counter market value of the "Dark Side of the Moon" company stands at $740 billion.

Beating AI Express: Alibaba launches Qwen Intelligence, which can be described as a "Qwen version of Doubao mobile assistant" for smartphone makers. It does not manufacture its own phones, nor is it a standalone application; instead, it packages the Qwen large language model, Agent platform, and mobile scenario-specific capabilities for device manufacturers. Three initial solutions are rolled out, each dedicated to planning, operation, and creation respectively. The Mobile Planner Agent serves as the phone's "brain": it breaks down complex tasks, arranges execution sequences, and calls various tools to complete work. It also features working and long-term memory, enabling it to retain context and user preferences. The Mobile-Use Agent handles actual on-device operations. When direct interface calls are possible, it prioritizes methods such as MCP, API, and DeepLink; if no interfaces are available, it relies on visual recognition and GUI screen tapping. For high-risk operations involving payments, data deletion, and other sensitive actions, it requires final user confirmation. The Mobile Creative Agent is responsible for image generation. Users only need to state their requirements, and the agent will break down steps and call different capabilities to create images. Alibaba notes that its image generation process has been compressed from 100 steps to 8 steps, with the first image produced in approximately 3 seconds. This solution has already been deployed with Honor's MagicOS. The two partners disclosed that complex long-horizon tasks can run continuously for over 100 steps, with an end-to-end service closed-loop rate reaching 90%. Unlike building a standalone AI chat assistant, Qwen Intelligence aims to directly act as a system-level Agent foundation for smartphone manufacturers.

According to CNN, U.S. President Donald Trump’s Gulf allies will meet with him in New York on Tuesday, as he weighs whether to "destroy" the Iranian regime. The allies previously successfully dissuaded Trump from taking major military escalation steps, and this meeting comes at a time when Washington is seeking ways to exit the war, with the Gulf states fearing they will be further drawn into conflict. Trump said last Thursday he is facing a "major decision" regarding the war and wants to hear directly from Gulf nation leaders. The Gulf leaders face a dilemma: they need to provide Trump with a viable path forward, protect their countries from further attacks, while avoiding being further entangled in the war.