📅 July 18, 2025 | Friday

🌍 Global crypto market overview: Policies, markets, and opportunities all in one.

🔥 Headline: US crypto regulation 'triple strike', Trump bets on the crypto economy.

1️⃣ Three bills sweep the House, regulatory framework accelerates implementation.

• CLARITY Bill: Clarifying the classification of crypto assets as 'securities/commodities', ending regulatory gray areas, paving the way for industry compliance.

• GENIUS Bill: Establishing a regulatory framework for stablecoins, Trump will sign this Friday, with subsequent battles in the Senate.

• Anti-CBDC Monitoring Bill: Prohibits the Federal Reserve from issuing retail central bank digital currency and limits government intervention in the crypto market.

2️⃣ Trump doubles down on 'crypto-friendly' policies, targeting voters + capital.

• Tax Exemption for Small Transactions: The White House supports tax exemption for “coffee-level” crypto transactions (daily consumption), lowering the participation threshold for retail investors.

• Pension Revolution: Plans to open up the $8.7 trillion 401(k) retirement market, allowing 'alternative assets' like BTC, ETH, gold to be included (Michigan has already purchased $6.6 million in BTC ETF, Wisconsin splurged $163 million).

📊 Market Dynamics: US stocks + crypto in a double celebration, frequent institutional actions.

US stocks & crypto-related assets rise together.

• S&P 500 +0.54% | Nasdaq +0.75% (historic highs), tech stock boom boosts confidence in the crypto market.

• Nvidia (NVDA): Up nearly 1%, market cap surpassing $4.2 trillion (AI computing power demand explosion, crypto mining, and on-chain data processing continue to benefit).

• Coinbase (COIN): +3.15%, launches Base App (wallet + social + payment integration, aiming to be the 'crypto WeChat').

Institutional layout trends.

• Bit Origin raises $500 million, establishes **'DOGE Treasury'**, plans to become one of the largest Dogecoin holding institutions globally (betting on Musk's X payment ecosystem).

• BTC Digital liquidates BTC to invest in ETH, stating **'Ethereum is the future of DeFi + RWA (real-world assets on-chain)'**, institutions are more optimistic about ETH's long-term value.

💎 Project hot spot: AI+Web3 becomes a new trend, airdrops and tool iterations are coming.

🦊 Sonic launches AI development platform Spark.

• No coding required! Build DApps using natural language (integrating Google Gemini model), lowering Web3 development thresholds, early access has been opened, developer ecology may explode.

🎁 Airdrop & token economics update.

• Yala announces token economics: 1 billion total supply, 3.4% for airdrops (TGE fully unlocked), but beware of 'wool party' (Binance Alpha warns: strict checks for cheating, violations will result in permanent bans).

🤔 In-depth interpretation: How to view policies and market trends?

1️⃣ Trump's 'Crypto Election Card'

From the opening of 401(k) to small tax exemptions, policies precisely attract young voters (crypto-native groups) + tech capital, the signing of the GENIUS Bill may become a node in building his 'crypto president' image.

2️⃣ Institutional Fund Flows: BTC vs ETH vs DOGE

• BTC: ETF continues to attract funds, but some institutions are shifting to ETH (DeFi, RWA narratives are more imaginative).

• ETH: Benefits from ecological landing (Layer2, RWA), public company BTCT has fully transitioned to ETH.

• DOGE: Bit Origin's big gamble + expectations for Musk's X payments, short-term speculative sentiment is heating up.

3️⃣ AI + Crypto 'Dual Engine' Explosion

Nvidia's market cap ≈ 2 Bitcoin market caps? AI computing power demand drives crypto mining and on-chain data processing needs, tools like Sonic may become the next growth pole (lowering development thresholds = accelerating ecological prosperity).

🌟 Today's key focus: Events, data, opportunities.

• GENIUS Bill signing: Trump may make a high-profile push, short-term expectations for the stablecoin sector (USDC, DAI, etc.).

• US June Retail Sales Data: Affects Federal Reserve interest rate hike expectations, thereby influencing liquidity in the crypto market.

• Base App user feedback: Can it become a 'crypto super app'? Social + payment scenarios may rewrite user habits.

🎯 Operational suggestion: Short-term speculation + long-term layout.

✅ Short-term opportunities (event-driven).

• GENIUS Bill → Focus on the stablecoin ecosystem (regulatory expectations are positive).

• DOGE Treasury plan → short-term speculative sentiment may rise (quick in and out, beware of pullbacks).

✅ Long-term layout (trend track).

• 401(k) Opening → BTC, ETH (long-term growth logic for institutional holdings).

• AI+Web3→ Tools like Sonic Spark (lowering development thresholds = potential for ecological explosion).

💬 Community hot topic: 'Can ETH outperform BTC this year?'

• Support for ETH: DeFi + RWA + Layer2 ecosystem continues to explode, application landing drives demand.

• Support for BTC: ETF inflows + halving cycle, 'digital gold' consensus solidifies.

👉 What’s your viewpoint? Let’s chat in the comments!

DYOR (Do Your Own Research), the crypto market has risks, ensure risk control before getting involved!

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