Wash: Do not prejudge the outcome of the meeting.

Crypto analyst Darkfost noted in a post that the BTC funding rate on Binance has turned negative, currently standing at -0.0073%. A negative funding rate typically signals strong market short demand, with the overall derivatives market sentiment clearly leaning bearish. The last time this occurred was in June this year, when BTC traded around $62,000. It is important to note that Binance’s funding rate formula uses a 0.01% interest rate parameter, so the neutral funding rate is not 0% but 0.01%. The current rate falling below zero means short positions have clearly gained the upper hand. This signal warrants attention, especially against the backdrop of this week’s underperforming macroeconomic data: both U.S. CPI and PPI came in higher than expected, further stoking market expectations of future interest rate hikes by the Federal Reserve. Meanwhile, BTC has seen a notable correction since breaking above $87,000 a few days ago. Historically, when the market forms a highly consistent bearish outlook, prices sometimes move in the opposite direction, which may indicate a trend reversal, though the duration of such reversals varies widely. While this signal has reference value, traders still need to carefully develop entry strategies in combination with key technical levels. Two key price levels to monitor currently are $80,000 and $74,000.

The AI task force established by US President Donald Trump held its inaugural meeting on Thursday, agreeing to address risks related to cybersecurity, biosecurity, and "model control and accountability". Amid growing external concerns over the potential dangers of artificial intelligence, the US government is ramping up focus on such risks. According to meeting minutes released by the White House, the body dubbed the "SuperIntelligenceForce" (Superintelligence Task Force) will task the President’s Council of Advisors on Science and Technology with drafting a report evaluating the aforementioned risks and other potential issues. "Superintelligence" is an AI-related term favored by Trump. The White House added that the task force will also "develop relevant protocols and mechanisms to allow AI labs to provide early warnings and systematic notifications to the government on security vulnerabilities, cyberattacks, model jailbreaking, and other matters".

According to GMGN data, HOOKR, the token of Robinhood ecosystem token issuance platform Hookr.fun, rose more than 42% today, with its market capitalization exceeding $31 million and hitting $31.14 million, marking a new all-time high. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investors should exercise caution.

Tesla’s U.S. official website has opened reservations for the Roadster. The reservation deposit for the Performance version is $50,000: a first payment of $5,000 is required, with the remaining $45,000 due within 10 days. For the Thrust version, the deposit stands at $250,000, with the same $5,000 initial payment and $245,000 balance due within 10 days. The Rocket version is currently only available for invitation-based reservations. Meanwhile, Tesla’s official Chinese website has also opened Roadster reservations, though unlike the U.S. site, it only offers bookings for the Performance version, with a deposit of 332,000 RMB.

Dongcha’s Beating AI News Brief: A technical comparison report alleges that Tencent’s WorkBuddy AI International Edition reused internal content from Claude Code. The report’s authors unpacked the WorkBuddy desktop client, comparing its built-in CodeBuddy CLI with the leaked Claude Code source code, and claimed to have found 224 identical text segments, with the longest reaching 494 characters. Notably, in Claude Code’s memory management file `memoryTypes.ts` alone, 46 out of 69 candidate text segments appeared in WorkBuddy. The overlapping content includes internal prompts that instruct the AI when to retain user corrections and approvals, not just generic tool names. The report also noted that WorkBuddy retains five internal event names prefixed with `tengu_` (such as `tengu_goal_set`) and paths like `/tmp/claude` and `.claude/debug`. `tengu` is Claude Code’s internal code name. However, Tencent’s CodeBuddy natively supports Claude Code’s plugin specifications, so some identical paths may be for compatibility. Claude Code, a closed-source commercial product, accidentally leaked around 510,000 lines of source code on March 31 this year.

JPMorgan has raised its price target for Goldman Sachs (GS.N) from $955 to $970, and for Morgan Stanley (MS.N) from $195 to $198.