1. Market Sentiment and Impact of Trump Policies
The cryptocurrency market briefly retreated to around $86,000 today, but overall sentiment remains optimistic, largely influenced by expectations of the latest policies from the Trump administration in the U.S. Reports indicate that the scope of Trump's 'tariff liberation day' plan may be narrower than expected, easing market concerns about a trade war and driving a positive response in cryptocurrency asset prices.
2. Tether Seeks Comprehensive Audit
Stablecoin giant Tether is negotiating with one of the Big Four auditing firms, planning to conduct a comprehensive audit. This move may aim to enhance transparency in response to long-standing doubts about its reserves or pave the way for future regulatory compliance.
3. IMF's View on Bitcoin
Reports suggest that the IMF is exploring whether to regard Bitcoin as 'digital gold.' This discussion may reflect the growing attention to Bitcoin's status as a store of value in the global financial system.
4. Binance and BNB Chain Controversy Resolved
Earlier today, the BNB Chain faced community controversies triggered by the '100M rule,' leading to some chaos. Binance founder CZ (Zhao Changpeng) responded online through X platform for 24 hours, ultimately modifying the rule to quell the turmoil, demonstrating his significant influence over the market.
5. Other Updates
- Solana Futures ETF Launching Soon: Expected to go live this Thursday, further enriching cryptocurrency investment tools.
- Kraken Acquisition Rumors: According to the Wall Street Journal, Kraken is close to acquiring the futures platform NinjaTrader for $1.5 billion, expanding its business territory.
- Ripple's XRP ETF Plan: Ripple is considering launching an XRP ETF and exploring the possibility of including it as a U.S. reserve asset.
Today's cryptocurrency market overall shows a positive trend, driven by policy expectations, regulatory progress, and corporate actions supporting industry development.
Today's Bitcoin AHR Index:
