1. US Department of Justice disbands cryptocurrency enforcement team
2. Ethereum falls below the realization price and enters the strategic accumulation zone
3. Euronext CEO: Global stock markets evaporate by approximately $10 trillion
4. A16z seeks to raise $20 billion in funds
5. BlackRock appoints Anchorage as custodian for crypto ETFs
6. Sun Yuchen establishes a public welfare organization to combat cryptocurrency crimes
7. The Director of the US Internal Revenue Service Resigns Due to Data Sharing with Authorities
8. Solana launches' Confidential Balance 'token extension
The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/453046
Odaily Planet Daily reported that trader Eugene wrote in an article that the introduction of global trade tariffs marks an unprecedented shift in the global order in nearly 50 years, from free trade to protectionism, and will pose long-term pressure on global risk assets. He believes that the possibility of Trump completely withdrawing the tariff plan is extremely low.
Eugene pointed out that the most concerning issue in the field of encryption at present is the structural decline in the number of developers. Compared to the previous cycle, not only is there a lack of significant progress, but the future prospects are also more bleak. Previously, the market had hoped for ETFs and regulatory expectations, but the reality did not meet those expectations. He stated that in the coming weeks to months, there will be a reduction in operations in the cryptocurrency market, and exploring new areas at this stage may be more meaningful.
However, Eugene still considers the long-term value and global acceptance of Bitcoin, and believes that "BTC rising to $1 million by 2035 is not a fantasy".
Despite the slowdown, decentralized exchanges still claim a growing share of spot trading, with newer platforms and Layer 2s helping offset Ethereum’s volume decline.The following is an excerpt from The Block’s Data and Insights newsletter.
