1. Michael Saylor: U.S. stock markets are closed today, and volatility is inevitable; Bitcoin continues to operate; 2. HyperEVM has been criticized for positioning issues and a lackluster developer experience, with its core applications still limited to a few use cases; 3. Crypto Reporter: Stablecoin yields have become a key topic at the American State Bankers Association conference; 4. The U.S. Senate is holding intensive deliberations on the CLARITY Act, which aims to clarify that non-custodial software developers are not legally liable for third-party use of their code; 5. Ethereum Core developer: Ethereum has entered its institutional adoption phase and may face challenges related to capital reallocation; 6. The U.S. government’s ban appears not to have fully taken effect, as early users of Anthropic’s Mythos can still access the relevant models; 7. Amazon has pulled a biopic about Sam Altman from its lineup, drawing attention to a shift in its AI narrative following its investment in OpenAI; 8. Morgan Stanley has been buying Bitcoin on dips over the past week, with its total holdings exceeding 4,000 BTC; 9. Anthropic has released Phase 2 of Project Fetch, with Claude Opus 4.7 now executing robot tasks 10 times faster; 10. Analysts: THORChain’s downtime of over a month has raised market concerns, with on-chain transaction activity currently nearing a standstill; 11. Monthly Summary of the Ethereum Ecosystem: Multiple releases and upgrades have been implemented, covering areas such as scalability, privacy, payments, and institutional applications.