Recently, the Crypto Assets market has shown some noteworthy trends. The performance of Bitcoin seems to be more influenced by the performance of Ethereum, and this trend is expected to continue at least in the near term. Although the market generally anticipates that Ethereum will fall below $4000, it unexpectedly began to Rebound, demonstrating a certain level of resilience.



At the same time, Solana has also followed in the footsteps of Ethereum with a rebound, showing impressive performance. OKB, after the recent announcement of its destruction plan, has continued to reach new highs, with an astonishing increase since last Wednesday.

On the policy front, the UK crypto industry is calling for the establishment of a national strategy for stablecoins, warning that falling behind the US could pose risks. In the US, Nasdaq will delist the BNB token from the treasury company Windtree Therapeutics due to compliance issues. Coinbase has also updated its roadmap, adding multiple tokens.

In terms of justice, a U.S. judge has unfrozen $57.6 million worth of USDC in the Libra case, expressing skepticism about the likelihood of the plaintiff's success. Meanwhile, the Federal Reserve's meeting minutes predict that the unemployment rate will rise above its natural level by the end of 2025 and may persist until 2027.

In terms of legislation, Senator Cynthia Lummis plans to finalize the cryptocurrency bill by the end of the year and has expressed support for the House version. Notably, Arthur Hayes has returned to the investment field after receiving a pardon, engaging in stem cell therapy and crypto vault models.

In addition, cryptocurrency advocacy groups expressed support for Quintenz to serve as chairman of the CFTC in a letter to Trump. These developments indicate that the cryptocurrency industry is undergoing significant transformation and adjustment, and changes in the policy environment will have a profound impact on the future of the industry.
BTC-3.06%
ETH-8.48%
SOL-9.63%
OKB-15.33%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
GmGnSleepervip
· 10h ago
It's better to just go all in on SOL.
View OriginalReply0
fren.ethvip
· 10h ago
Bull run is stable a a
View OriginalReply0
GasWastervip
· 10h ago
sol is riding on eth!
View OriginalReply0
GasFeeBarbecuevip
· 10h ago
Let's go, it's time for stem cells.
View OriginalReply0
LayerZeroHerovip
· 10h ago
SOL is too fierce!
View OriginalReply0
DeFiChefvip
· 10h ago
The bull run is coming!
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)