401K is ready to embrace crypto assets! The White House is about to give the green light, allowing retirement funds to invest in cryptocurrencies. BlackRock's president predicts that large private equity institutions will become the main force in the market. This means that institutional funds may enter the market much faster than expected. At the same time, U.S. stablecoin legislation is driving a surge in supply by $4 billion, and Nigeria has officially opened up to compliant stablecoins. The market outlook is bearish, with BTC and ETH continuing to pull back, and liquidation amounts reaching as high as $551 million within 24 hours, mainly from long positions. Goldman Sachs has even retracted its expectations for an interest rate cut by the European Central Bank this year, and global liquidity improvement may be delayed.