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Adviser to the UAE President: Will develop an alternative energy roadmap, energy exports will not be 'held hostage' by the US-Iran conflict.

55 minutes ago

Anwar Gargash, an advisor to the UAE President, said Monday that the United Arab Emirates is actively building alternative routes for energy exports and trade to ensure its core economic interests are not "kidnapped" by the conflict between the U.S. and Iran. He emphasized: "Our energy exports will not be taken hostage, and our trade and economic activities will never be subject to others' control." Gargash noted that freedom of navigation is not a concession to be granted, nor a principle to be renegotiated under pressure, adding that any long-term solution must establish a reliable security mechanism to prevent future attacks by Iran on Gulf countries. Against the backdrop of the Strait of Hormuz being blocked and attacks on its territory and oil tankers, the UAE and Qatar on the same day called on Gulf nations to enhance their own security capabilities. Majid Al Ansari, spokesperson for Qatar's Ministry of Foreign Affairs, said that while the strategic partnership with the U.S. is important, "this is not enough", and Gulf countries need to achieve a greater degree of self-sufficiency in the security sector. Gargash also stated that relations between the UAE and Iran are ultimately expected to recover, but rebuilding political trust between the two sides after the recent attacks could take decades. He added that Gulf countries can no longer assume that external allies will always prioritize their security.

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BTC OG insider whale closes $107 million worth of BTC long positions, earning a $1.02 million profit, while ZEC short positions carry an unrealized loss of $24 million.

According to EmberCN’s monitoring, Garrett Jin, the agent of the so-called "BTC OG insider whale", has just closed out a BTC long position worth approximately $107 million, totaling 1,331 BTC. The position was held for around three and a half months, netting a profit of roughly $1.02 million. Currently, his account only holds a large ZEC short position: some 39,760 ZEC with a nominal value of about $47 million, and an unrealized loss of approximately $24 million. Previous data indicates that Garrett Jin’s ZEC short position has been incurring massive unrealized losses for some time. Notably, Garrett Jin added to his heavily loss-making ZEC short position earlier today, before closing out his entire profitable BTC long position. EmberCN quipped that this trading behavior is quite similar to that of ordinary investors: selling profitable positions as soon as possible, while clinging to loss-making positions and continuously adding to them.

3 minutes ago

Changxin's LPDDR6 chip makes its debut, integrated in the Xiaomi 18 Fold foldable flagship smartphone.

According to an announcement from Changxin Memory’s official WeChat account, its independently developed LPDDR6 chip has entered mass production and commercial use, making its debut in the Xiaomi 18 Fold foldable flagship smartphone. This marks the world’s first commercial deployment of LPDDR6 in a flagship mobile device. Earlier, Changxin’s semi-annual report revealed that its LPDDR6 chip delivers a comprehensive performance boost over the previous LPDDR5X generation: through architectural innovation and data transmission optimization technologies, it fully unlocks data transfer potential, with a peak speed of 12800Mbps and a maximum capacity of 16GB per chip. LPDDR6 is the latest international generation of LPDDR products. In July 2025, the JEDEC (Joint Electron Device Engineering Council) first released the LPDDR6 standard, and news of Changxin’s LPDDR6 samples being sent for testing emerged in the industry in March this year. From aligning with standards, sample delivery, verification to mass production and commercialization, Changxin has successfully achieved the world’s first launch of LPDDR6. Against the backdrop of surging AI demand, LPDDR6 is regarded as a key pillar for unlocking edge AI computing power, with applications spanning smartphones, PCs, smart cockpits, AI data centers and more. It also lays a critical foundation for domestic mobile phone and other terminal manufacturers to seize AI opportunities.

3 minutes ago

Bitcoin briefly dipped below $79,000.

According to HTX market data, Bitcoin briefly dipped below $79,000, with a 0.85% decline in the past 24 hours.

3 minutes ago

Iran: To Reach Navigation Agreement on Strait of Hormuz With Oman Within Days

According to Bloomberg, Iranian Foreign Ministry spokesman Esmaeil Baghaei said Monday that Iran and Oman have entered the final stages of an agreement on shipping management in the Strait of Hormuz, with a finalization expected in the coming days. The two sides plan to establish a temporary security corridor and submit the relevant arrangements to the International Maritime Organization (IMO) for registration. Baghaei noted that negotiations are progressing "very smoothly" and expressed hope they will not be interfered with by third parties. If the deal is finalized, it could encourage more oil tankers and merchant ships to use this globally critical energy transport route, while reducing the risk of Iran targeting shipping. Currently, around 7 million barrels of crude oil and refined products pass through the Strait of Hormuz daily, far lower than the roughly 20 million barrels per day before the conflict erupted. However, Iran and Oman’s plan to strengthen shipping management in the strait may also signal that Iran’s de facto control over this key route is further consolidated. The U.S., meanwhile, wants the Strait of Hormuz to return to the pre-conflict state of free passage, with clear differences remaining between the two sides’ positions. The ongoing U.S.-Iran conflict has now entered its seventh month, and the blockade of the Strait of Hormuz has continued to push up prices for crude oil, fuel, and natural gas, exacerbating global inflation. At the same time, U.S. diesel prices have hit record highs, and rising energy costs have put greater political pressure on the Trump administration.

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Trade.XYZ's official website has quietly launched a prediction market, which currently covers three sections.

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Goldman Sachs sharply revises upward its forecast for the optical module market, projecting its size could reach nearly $150 billion by 2028.

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