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On May 12, oil prices surged over 2% due to market concerns stemming from a deadlock in US-Iran negotiations. President Trump stated that the current ceasefire agreement is in a "precarious" state. In early European trading, Brent crude futures rose by 2.1%, reaching $106.36 per barrel, while WTI crude futures increased by 2.5%, reaching $100.51 per barrel. Analysts at Saxo Bank noted, "Oil prices have risen for the second consecutive trading day, as the prospects for the reopening of the Strait of Hormuz remain bleak, leading to a tightening supply situation in the global crude oil market." Meanwhile, market attention is shifting towards a series of upcoming monthly outlook reports, with the US Energy Information Administration (EIA) set to release its report later on Tuesday, while the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) reports are scheduled for release on Wednesday. Investors are looking for more guidance on supply and demand prospects from these reports.

[Fragile US-Iran Ceasefire Raises Concerns, Oil Prices Rise 2%]On May 12, oil prices surged over 2% due to market concerns stemming from a deadlock in US-Iran negotiations. President Trump stated that the current ceasefire agreement is in a "precarious" state. In early European trading, Brent crude futures rose by 2.1%, reaching $106.36 per barrel, while WTI crude futures increased by 2.5%, reaching $100.51 per barrel. Analysts at Saxo Bank noted, "Oil prices have risen for the second consecutive trading day, as the prospects for the reopening of the Strait of Hormuz remain bleak, leading to a tightening supply situation in the global crude oil market." Meanwhile, market attention is shifting towards a series of upcoming monthly outlook reports, with the US Energy Information Administration (EIA) set to release its report later on Tuesday, while the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) reports are scheduled for release on Wednesday. Investors are looking for more guidance on supply and demand prospects from these reports.

Fragile US-Iran Ceasefire Raises Concerns, Oil Prices Rise 2%

On May 12, the yield on 30-year U.S. Treasury bonds once again surpassed the 5% mark. (Dongxin News Agency)

[30-Year U.S. Treasury Yield Exceeds 5% Again]On May 12, the yield on 30-year U.S. Treasury bonds once again surpassed the 5% mark. (Dongxin News Agency)

30-Year U.S. Treasury Yield Exceeds 5% Again

According to monitoring by Dongcha Beating, Andrej Karpathy, the proponent of the 'vibe coding' concept and a founding member of OpenAI, today expressed strong support for the Claude Code team's advocacy of replacing Markdown with HTML. He not only fully endorses this change but also outlines a roadmap for the evolution of AI interaction interfaces, predicting that after multiple iterations, the ultimate form of output from large models will be 'interactive neural video.' Karpathy believes that the evolution of AI output formats has progressed from the early, hard-to-read plain text to the current Markdown, and is now gradually transitioning to HTML, which is becoming the new standard with high typesetting flexibility. The future will see several intermediate forms (4, 5, 6, etc.), ultimately reaching the final form (n): interactive neural videos generated directly by diffusion models. He specifically mentioned the recent no-code pixel-level rendering prototype Flipbook released by a former OpenAI researcher as an example of this form. The underlying logic of this evolutionary trend is based on the physical bandwidth of the human brain. Karpathy pointed out that about one-third of the human brain is dedicated to processing visual signals as parallel processors, creating a 'ten-lane highway' for inputting information into the brain. This determines the optimal solution for human-machine interaction: the best way for humans to convey instructions (Input) to AI is through highly efficient verbal communication, while the best way for AI to provide feedback (Output) to humans is through high-bandwidth visual displays (images, animations, or videos). Additionally, he noted that there are still significant pain points at the input end; relying solely on voice or text is insufficient, and there is an urgent need to incorporate spatial indication capabilities similar to 'pointing at specific areas on the screen' when two people are sitting side by side at a computer. As a shortcut to enhance the experience at this stage, he strongly recommends that users add 'structure the response as HTML' at the end of their prompts.

[Karpathy: Suggests Switching Large Models to HTML Output, Predicts AI Interaction's Future as 'Interactive Neural Video']According to monitoring by Dongcha Beating, Andrej Karpathy, the proponent of the 'vibe coding' concept and a founding member of OpenAI, today expressed strong support for the Claude Code team's advocacy of replacing Markdown with HTML. He not only fully endorses this change but also outlines a roadmap for the evolution of AI interaction interfaces, predicting that after multiple iterations, the ultimate form of output from large models will be 'interactive neural video.' Karpathy believes that the evolution of AI output formats has progressed from the early, hard-to-read plain text to the current Markdown, and is now gradually transitioning to HTML, which is becoming the new standard with high typesetting flexibility. The future will see several intermediate forms (4, 5, 6, etc.), ultimately reaching the final form (n): interactive neural videos generated directly by diffusion models. He specifically mentioned the recent no-code pixel-level rendering prototype Flipbook released by a former OpenAI researcher as an example of this form. The underlying logic of this evolutionary trend is based on the physical bandwidth of the human brain. Karpathy pointed out that about one-third of the human brain is dedicated to processing visual signals as parallel processors, creating a 'ten-lane highway' for inputting information into the brain. This determines the optimal solution for human-machine interaction: the best way for humans to convey instructions (Input) to AI is through highly efficient verbal communication, while the best way for AI to provide feedback (Output) to humans is through high-bandwidth visual displays (images, animations, or videos). Additionally, he noted that there are still significant pain points at the input end; relying solely on voice or text is insufficient, and there is an urgent need to incorporate spatial indication capabilities similar to 'pointing at specific areas on the screen' when two people are sitting side by side at a computer. As a shortcut to enhance the experience at this stage, he strongly recommends that users add 'structure the response as HTML' at the end of their prompts.

Karpathy: Suggests Switching Large Models to HTML Output, Predicts AI Interaction's Future as 'Interactive Neural Video'

According to monitoring by Dongcha Beating, Nous Research's Hermes Agent has officially launched the macOS Computer Control feature. This feature directly competes with OpenAI Codex's 'Background Control' in terms of user experience. It integrates the open-source driver cua-driver, which was previously reported in this channel, and issues operational commands directly to the target process by reverse-engineering Apple's private API. This means that when the Agent is searching emails or coding in the background, the user's physical mouse will not jump around, and the current window focus will not be taken away, allowing for seamless collaboration between human and machine on the same computer without interference. Since computer control heavily relies on continuous screenshots, token billing can often escalate rapidly. To address this, Hermes has implemented a quadruple context compression mechanism at the framework level: it forcibly eliminates redundant images, only allowing the model to remember the last three screenshots, and works with the server to clear old caches. Official calculations show that at a resolution of 1568×900, the context consumption can drop from approximately 600,000 tokens to around 30,000 after executing 20 continuous operations.

[Hermes Agent Launches macOS Computer Control Feature, Reducing Screenshot Token Consumption by 95%]According to monitoring by Dongcha Beating, Nous Research's Hermes Agent has officially launched the macOS Computer Control feature. This feature directly competes with OpenAI Codex's 'Background Control' in terms of user experience. It integrates the open-source driver cua-driver, which was previously reported in this channel, and issues operational commands directly to the target process by reverse-engineering Apple's private API. This means that when the Agent is searching emails or coding in the background, the user's physical mouse will not jump around, and the current window focus will not be taken away, allowing for seamless collaboration between human and machine on the same computer without interference. Since computer control heavily relies on continuous screenshots, token billing can often escalate rapidly. To address this, Hermes has implemented a quadruple context compression mechanism at the framework level: it forcibly eliminates redundant images, only allowing the model to remember the last three screenshots, and works with the server to clear old caches. Official calculations show that at a resolution of 1568×900, the context consumption can drop from approximately 600,000 tokens to around 30,000 after executing 20 continuous operations.

Hermes Agent Launches macOS Computer Control Feature, Reducing Screenshot Token Consumption by 95%

On May 12, European stocks opened lower, with the German DAX30 index falling by 1.3%, the French CAC40 index down by 1.1%, and the Euro Stoxx 50 index decreasing by 1.25%. (Jin Shi)

[European Stocks Open Lower, German DAX30 Index Drops 1.3%]On May 12, European stocks opened lower, with the German DAX30 index falling by 1.3%, the French CAC40 index down by 1.1%, and the Euro Stoxx 50 index decreasing by 1.25%. (Jin Shi)

European Stocks Open Lower, German DAX30 Index Drops 1.3%

On May 12, BIT Official released a daily chart analysis stating that Circle's stock price surged 16% overnight and is currently approaching the March 2026 high. This week may become a key juncture for the advancement of the CLARITY Act. The market generally believes that Circle is the most direct beneficiary, and this rise reflects the market's anticipation that regulatory uncertainties may ease. Notably, the overall market capitalization of USDC has maintained steady growth recently. Circle's recent surge more reflects the market's early pricing of potential favorable policies and regulations rather than a significant improvement in short-term fundamentals. If digital asset regulatory rules become clearer, it could not only support Bitcoin but also encourage more institutional participation in the market.

[BIT Official: Crypto Regulation Reaches Critical Juncture, Circle's Benefits Strengthen]On May 12, BIT Official released a daily chart analysis stating that Circle's stock price surged 16% overnight and is currently approaching the March 2026 high. This week may become a key juncture for the advancement of the CLARITY Act. The market generally believes that Circle is the most direct beneficiary, and this rise reflects the market's anticipation that regulatory uncertainties may ease. Notably, the overall market capitalization of USDC has maintained steady growth recently. Circle's recent surge more reflects the market's early pricing of potential favorable policies and regulations rather than a significant improvement in short-term fundamentals. If digital asset regulatory rules become clearer, it could not only support Bitcoin but also encourage more institutional participation in the market.

BIT Official: Crypto Regulation Reaches Critical Juncture, Circle's Benefits Strengthen

On May 12, Ibrahim Rezaei, spokesperson for the Iranian Parliament's National Security and Foreign Policy Committee, stated that if Iran is attacked again, its response could involve raising uranium enrichment levels to 90%. Rezaei indicated that this issue would be reviewed in the Iranian Parliament. Currently, the uranium enrichment issue has become a key obstacle in U.S.-Iran negotiations, with Iran reiterating that its rights to uranium enrichment are 'non-negotiable.' The U.S. has previously demanded that Iran export its highly enriched uranium or suspend its uranium enrichment activities for 20 years. According to monitoring by PolyBeats, on the prediction market Polymarket, the probability of 'when Iran will agree to stop uranium enrichment' is 7% by the end of May, 28% by the end of June, and 54% by the end of the year.

[Iranian Officials Threaten to Increase Uranium Enrichment to 90%, Uranium Enrichment Rights Become Key Dispute in Talks]On May 12, Ibrahim Rezaei, spokesperson for the Iranian Parliament's National Security and Foreign Policy Committee, stated that if Iran is attacked again, its response could involve raising uranium enrichment levels to 90%. Rezaei indicated that this issue would be reviewed in the Iranian Parliament. Currently, the uranium enrichment issue has become a key obstacle in U.S.-Iran negotiations, with Iran reiterating that its rights to uranium enrichment are 'non-negotiable.' The U.S. has previously demanded that Iran export its highly enriched uranium or suspend its uranium enrichment activities for 20 years. According to monitoring by PolyBeats, on the prediction market Polymarket, the probability of 'when Iran will agree to stop uranium enrichment' is 7% by the end of May, 28% by the end of June, and 54% by the end of the year.

Iranian Officials Threaten to Increase Uranium Enrichment to 90%, Uranium Enrichment Rights Become Key Dispute in Talks

On May 12, according to official news, Huobi HTX will launch the "Pizza Festival × Huobi HTX Points Competition III" from May 14 at 18:00 to May 24 at 18:00 (UTC+8). During the event, users can earn "Pizza" points by participating in spot and contract trading tasks, which can be exchanged for fine wines worth a total of 7,000 USDT. Prizes include the 50-Year Rare Edition of Feitian Moutai (valued at 3,000 USDT), Louis XIII, Yamazaki 18 Year, Macallan 18 Year, and more.

[Huobi HTX to Launch Pizza Festival Points Competition III with $7,000 in Fine Wine Rewards]On May 12, according to official news, Huobi HTX will launch the "Pizza Festival × Huobi HTX Points Competition III" from May 14 at 18:00 to May 24 at 18:00 (UTC+8). During the event, users can earn "Pizza" points by participating in spot and contract trading tasks, which can be exchanged for fine wines worth a total of 7,000 USDT. Prizes include the 50-Year Rare Edition of Feitian Moutai (valued at 3,000 USDT), Louis XIII, Yamazaki 18 Year, Macallan 18 Year, and more.

Huobi HTX to Launch Pizza Festival Points Competition III with $7,000 in Fine Wine Rewards

On May 12, U.S. President Donald Trump reiterated his desire to visit the Fort Knox gold vault in Kentucky to confirm whether there is still gold stored there. Trump had previously expressed skepticism, stating that 'some people' might have stolen the gold. Currently, neither the White House nor Fort Knox has responded to Trump's remarks, and it is unclear if a visit has been arranged. The Fort Knox vault, established in 1936, holds approximately 147 million ounces of gold, which accounts for 56% of the U.S. official gold reserves.

The Federal Reserve Board had previously released a research brief titled 'Official Reserve Revaluations: The International Experience' in August 2025, exploring how governments can generate disposable cash by revaluing the accounting value of gold at 'market prices' without actually selling it. The report explicitly compared the recorded value of the 261.5 million ounces of gold held by the U.S. Treasury, which is based on the statutory price of $42.22 per ounce set in 1973 (totaling about $11 billion). If revalued at the current gold price (approximately $4,700 per ounce), the total reserve of 261.5 million ounces would yield over $1.2 trillion in accounting gains, seen as the 'ultimate weapon' for restoring dollar credibility amid the debt crisis.

Several macro-strategic analysts in the U.S. have long advocated this viewpoint, believing that revaluing gold is a last resort for the U.S. to instantly reduce its debt ratio and inject liquidity into the system in the face of unsustainable debt pressures. In 2025, U.S. Treasury Secretary Becerra publicly mentioned the need to 'mobilize the asset side of the U.S. balance sheet,' although he later expressed caution regarding an immediate revaluation of gold. However, this was interpreted by the market as a signal of a policy shift. (Dongxin News Agency)

[Trump Revives Call to Inspect Fort Knox, Reassessing Gold as 'Ultimate Weapon' for Dollar Credibility Amid Debt Crisis]On May 12, U.S. President Donald Trump reiterated his desire to visit the Fort Knox gold vault in Kentucky to confirm whether there is still gold stored there. Trump had previously expressed skepticism, stating that 'some people' might have stolen the gold. Currently, neither the White House nor Fort Knox has responded to Trump's remarks, and it is unclear if a visit has been arranged. The Fort Knox vault, established in 1936, holds approximately 147 million ounces of gold, which accounts for 56% of the U.S. official gold reserves.

The Federal Reserve Board had previously released a research brief titled 'Official Reserve Revaluations: The International Experience' in August 2025, exploring how governments can generate disposable cash by revaluing the accounting value of gold at 'market prices' without actually selling it. The report explicitly compared the recorded value of the 261.5 million ounces of gold held by the U.S. Treasury, which is based on the statutory price of $42.22 per ounce set in 1973 (totaling about $11 billion). If revalued at the current gold price (approximately $4,700 per ounce), the total reserve of 261.5 million ounces would yield over $1.2 trillion in accounting gains, seen as the 'ultimate weapon' for restoring dollar credibility amid the debt crisis.

Several macro-strategic analysts in the U.S. have long advocated this viewpoint, believing that revaluing gold is a last resort for the U.S. to instantly reduce its debt ratio and inject liquidity into the system in the face of unsustainable debt pressures. In 2025, U.S. Treasury Secretary Becerra publicly mentioned the need to 'mobilize the asset side of the U.S. balance sheet,' although he later expressed caution regarding an immediate revaluation of gold. However, this was interpreted by the market as a signal of a policy shift. (Dongxin News Agency)

Trump Revives Call to Inspect Fort Knox, Reassessing Gold as 'Ultimate Weapon' for Dollar Credibility Amid Debt Crisis

Huobi Global data showed that HT fell below 7  USDT and is now at 6.9974 USDT, with a increase of 0.86% in 24H.

[HT fell below 7  USDT] Huobi Global data showed that HT fell below 7  USDT and is now at 6.9974 USDT, with a increase of 0.86% in 24H.

HT fell below 7  USDT

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OSMO Current Price at $0.0886, 24-Hour Increase of 68.32%

Intel (INTC.O) Pre-Market Gains Expand to 8%

HT fell below 7 USDT

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