10 #Bitcoin ETFs inflows 7,066 $BTC(+$703.6M) and 9 #Ethereum ETFs inflows 14,425 $ETH(+$48.32M) yesterday.

Foreign media reports indicate that employees of OpenAI and Anthropic are circulating a petition calling on the U.S. government to support establishing a mechanism to "consciously regulate" the pace of artificial intelligence (AI) development, preventing the technology from advancing too rapidly. According to insiders and a copy of the petition, staff at multiple leading AI labs have sent an open letter to their peers, urging the U.S. to back an international initiative to advance the development of more advanced AI systems. The document warns that the pace of AI development may outpace humanity’s ability to "understand or control" it, posing "tangible risks", and notes progress in the field of AI research automation. The petition states: "The U.S. government should support international cooperation to develop the necessary technologies and governance tools to purposefully regulate the cutting-edge process of automated AI development." (Jinshi)

Iran's Deputy Foreign Minister has proposed holding talks with Oman on a temporary shipping route through the Strait of Hormuz, according to Iran's Tasnim News Agency. If an agreement is reached, this route would replace the current north-south shipping lanes. The Iranian deputy foreign minister noted that Oman has suggested a shipping route split 50-50 between Iranian and Omani control. "We have said this cannot resolve Iran's concerns. We have stated that the entry route into the sea should be fully controlled by Iran, and a portion of the exit route should also be under Iranian control. If they accept this arrangement, we will move to the next stage. We will never recognize the southern shipping lane of the Strait of Hormuz, not even for an hour. If Oman does not accept Iran's proposal on the Strait of Hormuz, the strait will remain closed, and we are prepared to resume war. Under no circumstances will we recognize the strait's southern shipping lane. Our proposal is that one lane of the strait must be fully controlled by Iran, and a portion of the other lane should also be controlled by Iran. This plan is clear, and Iran will not accept any other plan."

According to a report from The Information, Google (GOOG.O) disclosed last week that it has agreed to cover third-party data center lease payments worth up to $44 billion if its tenants default. This figure marks an increase from $65 billion as of the end of September, reflecting Google’s efforts to supply its own alternative to NVIDIA’s AI chips to firms like Anthropic. Google has taken on these commitments, known as "backstop guarantees", to scale up its TPU sales. Two sources revealed that Google made these commitments based on the consideration that revenue from TPU sales would exceed the financial obligations stemming from guaranteeing data center leases to house the chips. One source said company executives are confident this financial calculation is beneficial to Alphabet. The report notes that Alphabet has provided lease guarantees for a total capacity of roughly 2.4 gigawatts across around ten projects, all of which are still unfinished, meaning the guarantees have not yet taken effect.

According to market data from BIT (bit.com), U.S. electric vehicle firm Lucid’s stock price surged more than 20% to $7.82. On the news front, Saudi Prince Al-Waleed bin Talal bin Abdulaziz Al Saud purchased approximately 19.5 million Lucid shares for $129.5 million, bringing his stake in the company to 5%. A spokesperson for the prince stated the investment was made after Lucid’s stock had fallen sharply recently. Earlier, Lucid sparked market bankruptcy fears due to cash crunches and ongoing losses. The company later denied the bankruptcy rumors but acknowledged it had hired restructuring advisor AlixPartners, a move that triggered a 57% single-day plunge in its stock price. The Saudi prince’s stake acquisition is viewed by the market as a show of confidence in Lucid’s future, helping alleviate investor concerns about the company’s financial health. However, Lucid still faces challenges including sales growth, profitability, and cash flow pressures.

Iran's deputy foreign minister stated that the U.S. side conveyed a message to Iran via Oman, saying it would not take military action against the country. No requests for negotiations with the U.S. have been received in the past 15 days.

Michael Saylor, founder of Strategy, said Bitcoin has already gained market recognition, but its biggest future challenge is not external competition, but the erosion of its consensus rules from within. He views Bitcoin’s consensus rules as a "constitution" governing property rights, scarcity, settlement mechanisms and power boundaries, and any act of modifying the rules for the benefit of specific groups is a violation of all participants’ economic rights and interests. Saylor warned that Bitcoin is poised to grow 100-fold and become the infrastructure of global capital markets, while a wrong rule modification could harm future markets, technologies and economic freedoms yet to emerge. He singled out proposals including BIP-110, arguing they essentially undermine Bitcoin’s protocol neutrality by restricting valid paid transactions, introducing contractual mechanisms or expanding block size. These proposals, despite varying forms, will all weaken block space scarcity, increase network bandwidth and verification costs, expand protocol complexity, and bring new security risks. Meanwhile, weakening the fee market will affect miners’ revenue sources after successive block reward halvings, further undermining the long-term security of the Bitcoin network. Additionally, once an interest group can modify Bitcoin’s rules through certain means, other groups will follow suit, leading to prolonged conflicts in protocol governance, capital outflows, slowed innovation and deteriorated network security. Saylor called for keeping Bitcoin’s base layer simple, neutral, scarce and secure, leaving innovation to the second layer and application layer, and driving development through voluntary adoption rather than frequent modifications to the underlying protocol. He stressed that protocol upgrades should be extremely cautious, advanced only when truly necessary, to safeguard the foundation for Bitcoin’s long-term development.