The cryptocurrency market is showing a strong recovery trend, with institutional funds continuously injected to drive prices upward📈. Bitcoin spot ETF saw a net inflow of $380 million yesterday, marking six consecutive days of inflow, with a total of 56,000 Bitcoins withdrawn from CEX platforms, indicating that investors are shifting to self-custody strategies, enhancing market confidence. ETH has broken through the $1800 barrier, with a net inflow of $104 million in the spot ETF, and all nine products remained stable, suggesting an increase in the activity level of the Ethereum ecosystem🚀. Regulatory dynamics are under close scrutiny, as the new chairman of the U.S. SEC's account appears to have been hacked, highlighting security risks⚠️; Commissioner Uyeda calls for an expansion of cryptocurrency custody solutions, while Coinbase's Chief Legal Officer advocates for the lifting of the employee holding ban, which may accelerate the compliance process. Meanwhile, the Swiss central bank rejects Bitcoin reserves, indicating a cautious attitude from traditional institutions, but six entities, including BlackRock, dominate 88% of the issuance of tokenized government bonds, marking the integration of traditional finance into the cryptocurrency sector. Whale activity is frequent: one address withdrew $3.38 million in TRUMP and aggressively bought 427,000 coins, while another whale invested $4 million in VIRTUAL, WLD, and other tokens, stimulating meme coin enthusiasm. TON's discontinuation of Bridge and CHEEL unlocking $19.18 million in tokens may trigger short-term volatility. Overall, the market is optimistic but needs to be wary of theft incidents (such as the $1.08 million ETH transfer) and the impact of geopolitical tariff negotiations. Looking ahead, XAI is negotiating $20 billion in funding, which could drive innovation in the AI chain, and investors should pay attention to multi-currency opportunities💡. Maintain risk management; the potential of the cryptocurrency market is limitless.