accelerate

According to BeInCrypto, Gate Institutional is continuously improving its institutional-level trading infrastructure by integrating custody, trading, financing, and asset management capabilities to build a unified trading framework covering multiple assets and cross-markets. The platform's TradFi-related trading peak daily volume has surpassed $20 billion, and by combining interest-bearing collateral assets like GUSD, it further enhances capital utilization and yield capabilities.The report points out that Gate connects on-chain and traditional financial markets through the SuperLink architecture, achieving efficient capital allocation across multiple trading venues. Among them, the CrossEx model introduces a unified margin mechanism, improving capital usage efficiency across platforms; at the same time, Gate has continuously optimized infrastructure construction over the past year, with spot matching delays reduced by about 90% and contract depth data delays reduced by about 70%. Currently, Gate is accelerating the 3.0 architecture upgrade, expected to go live in Q2 2026, which will further optimize system performance under extreme market conditions, providing a faster and smoother order execution experience.In addition, the platform simultaneously offers institutional asset management tools, supporting net asset value tracking, redemption management, and profit distribution, enhancing capital operation efficiency and transparency.Currently, Gate Institutional has served various professional participants, including hedge funds, market makers, and asset management institutions, continuously strengthening its competitiveness in the institutional-level trading infrastructure field.

Coinbase CEO Brian Armstrong stated that he will personally invest in research on Bitcoin's resistance to quantum-related issues and emphasized that the industry needs to push for solutions as soon as possible.Coinbase Chief Security Officer Philip Martin previously pointed out that as research in quantum computing progresses, the industry needs to accelerate its response to potential threats. He stated that post-quantum cryptography is feasible but still in the early stages of development. If implemented hastily, it could introduce new security risks, and there needs to be a consensus on issues such as how to handle wallets that have not completed migration. In addition, Coinbase has initiated related infrastructure upgrades and research, and is promoting collaboration among developers and the community to advance quantum-resistant solutions.

According to market news, Spain's CaixaBank has obtained authorization as a Crypto Asset Service Provider (CASP) under the EU MiCA regulation, becoming the sixth licensed bank in the country to offer customers services for the custody, buying, and transferring of crypto assets.The six authorized institutions in order are BBVA, Openbank (under the Santander Group), Cecabank, Renta 4 Banco, Kutxabank, and CaixaBank. Among them, BBVA was the first to be approved in 2025 and officially launched Bitcoin and Ethereum buying and custody services in July of the same year. The MiCA authorization serves as a "regulatory passport" across the EU, allowing licensed institutions to operate legally without having to apply country by country. The transition period in Spain will end on June 30, 2026, at which point unauthorized institutions will not be allowed to provide crypto asset services.

In response to today's significant decline in the U.S. stock market, with over $1 trillion in market value evaporating in a single day, Bitget CEO Gracy Chen pointed out that this round of adjustment reflects that global markets are reassessing macro risks at a faster pace. As rising oil prices once again elevate inflation concerns, the impact of geopolitical changes is no longer limited to the energy market but is beginning to more directly affect global capital allocation.Gracy believes that, in this context, Bitcoin will still maintain high volatility in the short term, but compared to previous phases where risk appetite sharply declined, Bitcoin's performance this time is relatively robust. This reflects that the overall leverage in the crypto market has significantly decreased, thereby limiting the scale of forced liquidations that typically amplify downward pressure during market stress. This relative resilience releases a more noteworthy signal that, in an increasingly fragmented macro environment, Bitcoin is starting to be viewed by some portfolios as a more neutral allocation choice.

According to Jinshi reports, Federal Reserve Governor Milan stated that he does not believe the Federal Reserve needs to significantly accelerate the pace of policy adjustments.

According to a report by The Block, payment giant VISA and Dune jointly released a report indicating that non-U.S. dollar stablecoins are gradually being used as actual "local currencies," with significant growth in their application in payment and settlement scenarios.Unlike U.S. dollar stablecoins, which are primarily used for DeFi yield strategies, non-U.S. dollar stablecoins are more commonly used in practical fund flow scenarios such as cross-border payments, remittances, B2B settlements, and foreign exchange management. Their assets are mainly distributed across user wallets, centralized exchanges, and institutional treasuries.Data shows that as of February this year, the total supply of non-U.S. dollar stablecoins reached $1.1 billion, an increase of about three times compared to January 2023; during the same period, the transfer volume surged from $600 million to $10 billion, an increase of over 1600%. Currently, there are more than 1.2 million addresses holding related stablecoins, and the number of active sending addresses has also increased from about 6,000 to 135,000.

The South China Morning Post published a debate. Gary Liu, co-founder of Terminal 3, pointed out that the GENIUS Act will convert 99% of the over $300 billion stablecoin market into a tool for consolidating dollar hegemony, and the window for countries around the world to establish parallel systems is rapidly closing. Liu Xiaochun, an economist at Shanghai Jiao Tong University, characterized stablecoins as casino chips, criticizing Washington for blocking CBDCs while allowing private stablecoins, arguing that this essentially protects the interests of crypto operators rather than promoting monetary innovation.The demand for stablecoins does indeed exist—people in Turkey, Nigeria, and Argentina use them to hedge against currency depreciation, and the global cross-border remittance market is nearly $1 trillion in size. Previously, the Hong Kong Monetary Authority had reviewed 36 license applications, with a consortium led by HSBC and Standard Chartered, as well as OSL Group, making the cut. However, the peg of the Hong Kong dollar to the US dollar means that a Hong Kong version of stablecoin will ultimately struggle to break free from the US dollar's orbit.

According to Coinglass data, recently, Strategy and on-chain whales have significantly accelerated their accumulation of Bitcoin.The balance of Bitcoin in CEX wallets has reached a nearly two-year low, totaling 2,463,300 coins. In the past 24 hours, there has been a net outflow of 8,323.72 Bitcoins from CEX. Over the past 30 days, the net outflow has reached 32,190.17 coins.

Stablecoin issuer Circle calls on the EU to accelerate the reform of the digital asset regulatory framework, believing that the current pace may slow down institutional adoption of the tokenized market.In feedback regarding the EU's "Market Integration Proposal," Circle stated that the proposal is an important step towards modernizing capital markets, but there are still shortcomings in scalability, regulatory mechanisms, and settlement rules. Circle supports the optimization of the distributed ledger technology (DLT) pilot framework, including expanding the range of assets that can be included and increasing the transaction size limit, but points out that existing restrictions still suppress liquidity and institutional participation. The company suggests introducing a "dynamic threshold" mechanism that allows regulatory parameters to automatically adjust according to market developments, rather than relying on periodic legislative updates. At the same time, Circle calls for a clear path for transitioning from the pilot phase to a formal regulatory system. Furthermore, Circle emphasizes the need to accelerate the pace of relevant reforms, warning that if regulatory progress is slow, it may lead to the migration of tokenized financial activities to faster-developing markets like the United States.

According to Crypto Politan, Polish President Karol Nawrocki signed a new law earlier this month, officially incorporating the EU DAC8 directive into national legislation. Investors who fail to report cryptocurrency gains as required will face a punitive tax rate of up to 75%.DAC8 refers to the eighth amendment of the EU Directive on Administrative Cooperation in the Field of Direct Taxation, specifically targeting digital assets. It requires platforms such as exchanges, brokers, and wallet service providers to collect user and transaction data and report it to tax authorities. Tax departments in member countries will automatically share this information. The Polish National Revenue Administration (KAS) will use this to monitor the holdings and trading activities of cryptocurrency investors in the country.Local media estimate that about 3 million people in Poland hold cryptocurrencies, but currently, only about 1% of investors pay taxes in accordance with the law. Under current regulations, cryptocurrency trading income must be reported via the PIT-38 form by April 30, 2026, and is subject to a unified capital gains tax rate of 19%; mining and staking rewards are tax-exempt upon receipt, but taxes must be paid when converted to fiat currency.

OnGreen, a platform connecting global green technology with the transformation needs of the Middle East and North Africa (MENA), announced that its co-founder Zhang Yu (Martin Zhang) has officially assumed the role of Chief Green Officer (CGO). This appointment will further strengthen OnGreen’s capability in executing and implementing ecological restoration and sustainable agriculture projects. Zhang Yu has more than 20 years of practical experience in sustainable agriculture and desertification control. He has been recognized as a “Lifelong Expert in Desertification Control” by the Chinese Academy of Sciences, and has led multiple national-level agricultural demonstration projects in Hebei, Shanxi, Gansu, and Qinghai. Zhang Yu stated: “At the OnGreen platform, I hope to bring these experiences to the international stage. By combining physical technologies with the Web3 financial layer, we can accelerate the green transformation of the Middle East and make deserts the foundation of sustainable civilization.” This appointment comes as OnGreen accelerates the development of its Oasis Journey model. The model integrates desertification control, low-carbon construction, AI optimization, and real-world asset (RWA) tokenization, and will align with regional strategic initiatives such as the Saudi Green Initiative and UAE Net Zero 2050. OnGreen is the Web3-enabled green technology platform transforming the Middle East and North Africa region from Sand to Seed, Brown to Green, Desert to Oasis. Through blockchain-verified impact measurement and the Oasis Journey ecosystem model, OnGreen creates transparent, accessible, and community-driven environmental transformation. The platform's ESG Token, Carbon Credit Registry and Green Asset Exchange shall provide the digital infrastructure for MENA's transition to a sustainable economy.

According to Jinshi News, Peter Cardillo, Chief Market Economist at Spartan Capital Securities in New York, stated that the U.S. CPI data has not accelerated yet. From a year-on-year perspective, the level of 2.4% is not far from the Federal Reserve's 2% target, which is somewhat of a relief. However, this data still depends on the progress of the war. If the war lasts for a long time and oil prices remain at current levels or rise further, we may see higher inflation in the coming months.

According to CoinDesk, Bitmine Chairman Tom Lee stated that recent market signals indicate that the crypto market may be approaching a temporary bottom. Therefore, BitMine will slightly increase its average weekly purchase scale to about 45,000 to 50,000 ETH to accelerate accumulation. He mentioned that the current market has entered the so-called late or final stage of the "crypto mini winter."In addition, BitMine stated that it currently has over 3 million ETH staked, generating approximately $174 million in annual revenue; if all holdings are staked in the future, the annualized income is expected to increase to about $259 million.

According to The Block, Bitwise Chief Investment Officer Matt Hougan pointed out that there may currently be structural valuation errors in crypto assets, primarily due to investors' "anchoring bias," which keeps them focused on old narratives while ignoring the reality that Wall Street is accelerating its shift towards on-chain infrastructure.Hougan emphasized that although the market size for tokenized assets is currently only about $20 billion, the vast scale of traditional financial markets indicates significant growth potential. He cited examples such as BlackRock launching a tokenized government bond fund, JPMorgan issuing deposit tokens on the Base network, and Apollo's tokenized credit fund, arguing that the lagging consensus narrative compared to actual developments provides investors with opportunities to achieve excess returns (Alpha). He suggested that investors should establish broad market exposure to navigate the ongoing structural changes in finance.

Nasdaq-listed Bitcoin mining company Cipher Digital has released its fiscal year 2025 performance report, which discloses that the company has officially changed its name from "Cipher Mining" to "Cipher Digital" to complete its brand transformation. In terms of financing, the company has completed three financing transactions totaling $3.73 billion, including: $1.4 billion in senior secured note financing, $333 million in same-rate note financing, and $2 billion in senior secured note financing. These funds are expected to support its upgrade to a next-generation computing power infrastructure development and operation platform in 2026.

Bitcoin mining company Abundant Mines CEO Beau Turner disclosed that as the U.S. tax law restores full "Bonus Depreciation" policy in mid-2025, eligible Bitcoin mining equipment can now achieve a 100% tax deduction in the year of purchase.Turner pointed out that under the current tax framework, if investors directly hold mining hardware, they can immediately deduct the entire equipment cost as an expense, significantly reducing taxable income for the year. He stated that this has become "one of the most powerful tax strategies in the crypto industry." Reports indicate that as tax season approaches, changes in relevant tax policies are prompting the market to refocus on the asset allocation and tax planning value of Bitcoin mining.

QCP Group released the latest analysis indicating that Bitcoin fell below $65,000 in the early morning session today, triggering approximately $230 million in long liquidations. The market is under pressure as it digests a new round of tariff risks and broader geopolitical uncertainties. President Trump’s move to raise global tariffs from 10% to 15% further exacerbates the cooling of macro risk appetite.With Bitcoin prices still significantly below the average mining cost, pressure on mining companies is evident, prioritizing liquidity over hoarding strategies. Bitdeer has liquidated its Bitcoin reserves, becoming the latest signal of miners de-risking and partially shifting towards the AI sector. However, the market is not entirely bearish; this round of liquidations has been noticeably milder compared to earlier this year, with the market's reaction to news being more restrained.Although the options market is still pricing in downside risks, indicating a cleaner position structure, ETF fund flows resemble basis trade liquidations rather than a complete withdrawal, reflecting an adjustment in the funding structure rather than a total exit from the market.