The Bitcoin and Crypto Clarity Act will be reviewed on Thursday

According to Bitcoin.com, Tether has filed a lawsuit with the Sao Paulo court in Brazil, demanding Titan Holding to repay a $300 million default loan. The loan was issued by Tether Investments in March 2025 with a term of 12 months, originally scheduled to mature on March 28, 2026, but has not been repaid. Tether requests the court to freeze the bank accounts, financial investments, and other assets of defendants such as Titan and Master Holding, and clarify that the loan does not involve reserves supporting USDT issuance, but is part of its loan portfolio. Titan Holding belongs to the Master Group, and its owner Daniel Vorcaro was arrested on Thursday.

[Galaxy Research: GENIUS Stablecoin Could Drive $1.2 Trillion Credit Expansion] According to a post by Galaxy Research Head Alex Thorn, the report refutes the view that the 'GENIUS Act' would impact U.S. bank deposits and provides quantitative analysis: 60%-70% of stablecoin growth originates from overseas, with foreign deposit inflows being twice the domestic migration volume. For every 1 GENIUS stablecoin minted, it could add $0.32 in net credit to the U.S. economy. By 2030, the baseline scenario for credit expansion is $400 billion, with an optimistic scenario reaching $1.2 trillion. Short-term U.S. Treasury yields could compress by 3-5 basis points, saving taxpayers up to $3 billion annually in borrowing costs. The report states that the interest transfer mechanism is merely a redistribution of profits and does not affect credit capacity.

Cathie Wood posted on X platform that despite the rise in oil prices, the yield curve remains flat and the Federal Reserve has not monetized energy shocks. She pointed out that the bond market may begin to digest the deflationary impact driven by AI and technology, with current AI model training and inference costs decreasing, productivity growth accelerating, and low unit labor costs. Despite market attention on high inflation, deflationary forces related to innovation are accumulating, and it is expected that inflation may be lower than expected in the next 6 to 9 months.

According to Cointelegraph, analyst Matthew Hyland stated that Bitcoin may have bottomed out when it hits around $60000 in the first quarter of 2026 and believes that the price is unlikely to drop lower later this year. He pointed out that dozens of bottom signals appear synchronously at $60000, and these signals do not appear in the middle of the bull market. Hyland believes that the current market is not in the middle of a bear market. Previously, Peter Brandt and Willy Woo held different views on this matter.

According to Lookonchain monitoring, the wallet Emb5o, which has been dormant for 7 months, has purchased 67648 SOLs (6.23 million US dollars) and 6.2 million JUPs (1.52 million US dollars) in the past 6 hours, with a total amount of 7.75 million US dollars.