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After a period of consolidation, the cryptocurrency market recently shows signs of recovery, and the price of Bitcoin (BTC) has become active again, repeatedly testing and briefly standing above the $95,000 mark, demonstrating considerable resilience. Market attention is once again focused: Can Bitcoin break through the current resistance and hit the $100,000 mark, or even set a new historical high?
Against this backdrop, analysts from several well-known financial institutions have spoken out, pointing out a series of positive signals, particularly the strong demand from corporate accumulation and spot ETFs, which is triggering a significant supply squeeze that could lay the foundation for Bitcoin's next round of record-breaking growth.

The combination of cryptocurrency and political stars has once again sparked a frenzy and ethical controversies in the market. U.S. President Donald Trump recently announced that he would host a highly topical private dinner for holders of his namesake meme coin $TRUMP.
The announcement not only caused the price of $TRUMP tokens to surge over 70%, but also ignited discussions about the political ethics of 'paying to get close to power.' Additionally, the market began to buzz with speculation that Justin Sun, the founder of Tron, might be the largest holder of this token and could potentially become a guest at the dinner.

The US Securities and Exchange Commission (SEC) has welcomed a new leader, and this personnel change may have far-reaching impacts on the regulatory landscape for cryptocurrencies and digital assets. On April 21, 2025, local time, the SEC officially released a press release confirming that Paul S. Atkins, widely regarded as a 'crypto-friendly person', has taken the oath of office, becoming the 34th chairman of the US SEC.
This appointment has drawn significant attention from the market, especially considering that there are currently as many as 72 cryptocurrency-related exchange-traded fund (ETF) applications awaiting SEC approval. Does Atkins's assumption of office mean that these ETFs will all receive the green light?

Recently, global financial markets have been turbulent, with geopolitical and macroeconomic uncertainties intertwining, leading to drastic fluctuations in asset prices. The most striking development was Bitcoin's sudden surge today, breaking through the $87,000 mark, reaching a near month-high. At the same time, the dollar index weakened, and the trade tensions between China and the U.S. seem to be heating up again, sparking widespread speculation in the market about fund flows: does this mean that the dollar's weakness and potential changes in RMB policy are pushing funds towards Bitcoin and other cryptocurrencies as a safe haven?

Recently, the focus of the American political and financial markets has concentrated on an unprecedented power struggle—President Trump publicly threatened to fire Federal Reserve Chairman Jerome Powell, citing his "refusal to cut interest rates, which hampers economic growth." This conflict over the autonomy of monetary policy not only challenges the 70-year tradition of independence of the U.S. central bank but also prompts deep reflections on global financial stability and the direction of the cryptocurrency market: will cryptocurrencies like Bitcoin become new "safe havens" when the Federal Reserve potentially becomes a political tool, or will they fall into greater uncertainty?

Recently, China's legal, financial and government departments have been intensively discussing the "disposal mechanism for seized cryptocurrencies". As cryptocurrency-related criminal cases surge, local governments' practice of supplementing their finances by selling seized digital assets has attracted widespread attention, and the lack of an existing regulatory framework has led to a chaotic disposal process, lack of transparency, and even corruption risks.
At present, local governments in China are facing an embarrassing reality in the field of cryptocurrency: although the country has completely banned cryptocurrency trading and mining since 2021, the scale of cryptocurrency seized by local governments through crackdowns on criminal activities has continued to expand. Data shows that the amount of money involved in cryptocurrency crimes in China in 2023 reached 430.7 billion yuan (about 59 billion US dollars), a 10-fold increase from 2022. The types of cases include online fraud, money laundering, illegal gambling, etc. During the same period, the national procuratorate prosecuted 3,032 people in cryptocurrency money laundering cases, a record high. The escalation of the crime model has forced law enforcement agencies to step up their crackdown. In 2023, the value of cryptocurrencies seized in various places increased by 120% year-on-year, and the number of Bitcoins held alone reached 15,000 (about 1.4 billion US dollars).

In April 2025, the global cryptocurrency financial market achieved a milestone breakthrough—the Ontario Securities Commission (OSC) in Canada officially approved four financial institutions to issue the world's first Solana spot exchange-traded fund (ETF) and allowed it to simultaneously incorporate the blockchain staking reward mechanism.
This regulatory breakthrough not only signifies Solana, as a top three market cap public chain project, officially entering the traditional financial compliance investment system but also creates an innovative financial product paradigm of 'spot holdings + staking income', setting a new benchmark for the deep integration of cryptocurrency and traditional asset management.

Recently, news about Binance founder Zhao Changpeng (CZ) providing evidence regarding Tron founder Justin Sun during a plea agreement with the U.S. Department of Justice has garnered widespread attention. Meanwhile, Justin Sun also strongly responded to this rumor and took the opportunity to reiterate his support for Trump’s cryptocurrency policy.

According to reports, CZ may have provided evidence about Justin Sun in the plea agreement with the Department of Justice. Zhao Changpeng was sentenced for violating anti-money laundering laws and agreed to pay a hefty fine. In the plea agreement, he committed to cooperating with the prosecution to assist in the investigation of other people in the cryptocurrency industry, including Justin Sun, a decision that afforded him some degree of opportunity for a reduced sentence. This news quickly sparked heated discussions on social media, with many showing a keen interest in CZ's motives and Justin Sun's response.

In April 2025, U.S. cryptocurrency regulation reached a historic turning point—President Trump officially signed a bill that repealed the controversial tax reporting rules imposed by the IRS on decentralized finance (DeFi) platforms. This move not only marks the official enactment of the first bill specifically targeting the cryptocurrency sector in the U.S., but also represents a significant shift in the U.S. stance on digital asset regulation.

Today, President Trump signed a joint resolution of Congress that officially repealed the "DeFi broker rule" established by the IRS during the Biden administration. This bill was proposed by Republican Senator Ted Cruz under the Congressional Review Act (CRA) and gained overwhelming bipartisan support in both chambers of Congress: the Senate passed it with a vote of 70 to 28, while the House passed it with a supermajority of 292 to 132.

In April 2025, the U.S.-China trade war escalated to a heated stage once again. The Trump administration threatened to raise tariffs on Chinese goods from 34% to 50%, while China retaliated with countermeasures. Meanwhile, U.S. Vice President Vance openly used the term 'Chinese peasants' to belittle China during an interview, triggering global outrage. This game not only exposed the arrogance and anxiety of America's political elite but also reflected profound changes in the global economic landscape.

Last night, the U.S. Treasury Secretary briefly released signals of negotiating to lower tariffs, coupled with President Trump's disclosure of smooth consultations with South Korea, which inspired a strong rebound in the U.S. stock market in the early session, with the Dow Jones index soaring over 1,400 points at one point. However, the good times did not last long, as the White House subsequently confirmed that starting April 9, an additional 84% tariff would be imposed on all imported goods from China (34% and a threatened additional 50%), which, combined with the existing tariffs, would push the total tariff rate on almost all Chinese exports to the U.S. to a staggering 104%.