US CFTC submits new crypto regulatory proposal to White House for review.

Beating AI Express: Alibaba Qoder is offering limited-time free access to its Qwen3.8-Flash model for individual users. The model’s billing coefficient has been cut from 0.1x to 0, with the promotion running through September 30. Free, trial, and paid users are all eligible—even accounts without credits can directly select and use the model, no separate qualification needed. The free offer covers Qoder CN, IDE, CLI, JetBrains plugins, Cloud Agents, mobile, and web versions; enterprise subscriptions are excluded from this campaign. No credits will be consumed when using Qwen3.8-Flash during the promotion. Additionally, Qoder has resumed its daily campaign for 100 general credits, with each allocation valid for 30 days; the end date of this campaign has not been announced yet.

，Bankless 联合创始人 David Hoffman 在 X 平台发文表示，「现在已经进入山寨季，而且真正的行情时刻比想象中来得更早。」David Hoffman 于 5 月 21 日宣布清仓 ETH，此后买入 VVV、NEAR、ZEC、HYPE、LIT，目前全部大幅跑赢 ETH。

$BTC breaks above $80,000! Trader 0xaeaa chased the rally and opened a long on 450 $BTC ($36.4M), now sitting on a $276K unrealized profit!

Beating AI News Flash: Moonshot AI has launched a new version of Kimi membership. The four tiers have been renamed Go, Plus, Pro, and Max, with annual pricing set at 468 yuan, 948 yuan, 1908 yuan, and 6708 yuan respectively, equivalent to 39 yuan, 79 yuan, 159 yuan, and 559 yuan per month. Kimi Code has not been split into a separate paid service as initially announced. The new Plus, Pro, and Max tiers still include Kimi Code, while only the entry-level Go tier does not support it. In July, Kimi suspended new user subscriptions due to computing power constraints following the launch of K3, and announced plans to separate Kimi’s main membership and Kimi Code into distinct paid offerings. Later, under user pressure, this tiered pricing plan was largely withdrawn. The annual fees of the four new tiers match exactly those of the old tiers named Andante, Moderato, Allegretto, and Allegro. However, while the entry-level tier of the old plan included Kimi Code, the Go tier at the same price point has now removed this benefit; to access Kimi Code, the annual payment threshold has risen from 468 yuan to 948 yuan.

According to BIT (bit.com) market data, the three major U.S. stock indexes turned negative: the Dow Jones Industrial Average fell nearly 0.5%, the S&P 500 dropped 0.2%, and the Nasdaq Composite declined 0.03%. Oracle (ORCL.N) and Qualcomm (QCOM.O) each fell more than 3%.

Liquid Capital founder Jack Yi posted that, as expected, after the Federal Reserve’s interest rate hike took effect, Bitcoin briefly fell below $76,000, consolidated, and then continued its upward trend. He repeatedly warned against shorting in a bull market, noting that various factors will impact the process, and investors must not exit their positions easily until the late stage of the bull market. Looking ahead, amid the bull market’s asset boom, trading infrastructure and on-chain finance are particularly high-demand sectors. For this cycle, investors should avoid chasing narrative-driven projects and copycat follower projects.