deco

According to FinanceFeeds, Tether-supported large agricultural company Adecoagro plans to launch a Bitcoin mining operation powered by electricity generated from sugarcane processing in Brazil, with an initial capacity of 10 megawatts, approximately 1,280 mining machines, expected to start around July 1, 2026. Adecoagro's business encompasses sugar, ethanol, rice, dairy products, and renewable energy, and Tether previously acquired a majority stake in the company.The mining project will utilize electricity generated from sugarcane residue (bagasse), and the company has over 230 megawatts of renewable energy generation capacity in South America. Brazil is one of the world's largest sugarcane producers, with a mature ethanol and bioenergy industry. If the pilot is successful, other agricultural and renewable energy producers may view mining as a flexible demand source for surplus electricity.

According to official social media news, Huobi HTX will hold a live broadcast today at 20:00 (UTC+8) on the theme "ETF Continuous Outflow, Bitcoin Decoupling from US Stocks ------ Are Institutions Running or Waiting?" At that time, crypto KOLs such as Sasaki Hoshino, Sevth7, Kid, and Grace will engage in an in-depth discussion around recent continuous outflows of Bitcoin ETF funds, the decreasing correlation between BTC and US stocks, and changes in institutional capital allocation logic, jointly analyzing current market sentiment and capital flows, and exploring the future direction of the crypto market.

Driven by optimistic expectations for an extended ceasefire agreement between the U.S. and Iran, the U.S. stock and oil markets continued to strengthen this week. The S&P 500 index rose for the ninth consecutive week, setting the longest winning streak since 2023; Brent crude oil stabilized around $92 per barrel. However, the cryptocurrency market failed to follow the rise of macro risk assets. Over the past week, Bitcoin fell 2.6% to $73,445, Ethereum dropped 2.5% to $2,011, Solana decreased by 2.2%, and TRX saw a decline of 5.6%, making it one of the weakest tokens among the top ten cryptocurrencies by market capitalization. Market analysts believe that the cooling inflow of funds into spot Bitcoin ETFs is putting pressure on coin prices.In contrast, some small and mid-cap tokens performed remarkably well. Among them, the native token of Hyperliquid, HYPE, surged 19.4% this week to around $65, becoming the biggest highlight in the market. Previously, Intercontinental Exchange (ICE) CEO Jeffrey Sprecher referred to Hyperliquid as "a bigger opportunity than Nasdaq" at the Bernstein conference, further boosting market sentiment. Additionally, BNB rose 1.9% this week, XRP increased by 0.7%, and DOGE remained basically flat.On the macro level, U.S. President Trump stated that a final decision on the U.S.-Iran ceasefire memorandum is close, but he still insists on Iran abandoning its nuclear program, handing over its enriched uranium stockpile, and opening the Strait of Hormuz. Market participants believe that due to significant differences between the two sides on key issues, the current rebound in risk assets remains relatively fragile, and any negative news regarding the Iran negotiations could trigger a reversal in market sentiment.

Despite reports that negotiations between the U.S. and Iran have reached a 60-day ceasefire and a draft memorandum for discussions on the nuclear program, the cryptocurrency market remains under pressure, with Bitcoin falling below $73,000, down about 2.7% in 24 hours. The U.S. stock and bond markets were boosted, with the Nasdaq rising 0.6%, while WTI crude oil prices dropped below $90 per barrel.On a macro level, the first inflation report under the new Federal Reserve Chair Warsh shows that the U.S. core personal consumption expenditures (PCE) index rose to 3.8% year-on-year in April, the highest level in nearly three years, up from 2.8% in February. Olu Sonola, the U.S. economy director at Fitch Ratings, stated that inflationary pressures may persist in the coming months, making it difficult for the Federal Reserve to ignore supply shocks that drive potential inflation.Market analysis indicates that in the short term, macroeconomic favorable factors have significantly boosted the stock market and oil prices, but the cryptocurrency market lacks similar direct stimuli, and Bitcoin and other digital assets still face selling pressure.

According to an alert from PeckShield, the stablecoins USDR (USD stablecoin) and EURR (EUR stablecoin) issued by StablR have deviated from their peg, with EURR dropping by 20%. Previously, it was reported that two contracts related to the European stablecoin issuer StablR were suspected to have been attacked, with potential losses exceeding $3 million (EURR and USDR). The source of the attackers' funds was through the CCTP platform on Noble.

According to Cointelegraph, Bitcoin Bond Company CEO Pierre Rochard stated that the current fourth bear market of Bitcoin has significantly decoupled from past cycles and is performing stronger. In the previous cycles, the maximum drawdown was about 85% from 2013-2015, nearly 77% from 2017-2018 and 2021-2022, while this round has dropped from a historical high of about $126,000 to around $60,000, with a maximum drawdown of only about 52%.Rochard believes that this resilience mainly comes from two new demands: the cumulative net inflow of Bitcoin spot ETFs exceeding $59 billion, and continuous purchases by corporate treasuries (such as Strategy holding over 818,000 BTC). These institutional demands did not exist during the bear markets of 2018 and 2022.Michaël van de Poppe, founder of MN Capital, also stated that the current market is no longer the same environment as in 2022, and the view that "Bitcoin will break out of the bear flag pattern and bottom in October 2026" may be the most crowded trading expectation.

BitMEX co-founder Arthur Hayes stated this morning that after Bitcoin rose above $74,000, BTC has not decoupled from U.S. SaaS tech companies. This rebound may be a dead cat bounce, and we are not completely out of danger yet, so remain patient.A dead cat bounce is used to describe a financial asset that experiences a brief and sharp rebound after a significant and prolonged decline, but this is just an illusion, and it soon continues to drop, potentially recording new lows.

AI payment public chain Kite has released its mainnet roadmap, aiming to create a trust and payment technology stack native to intelligent agents, addressing the bottlenecks of trust, authorization, and payment in the transition of AI agents from "answering questions" to "executing tasks."The roadmap clarifies the native compatibility of the x402 protocol, supporting standardized payment intentions and settlement with pay-per-call and end-to-end audit capabilities. It also breaks down system capabilities into six independent pillars: agent trustworthiness (KitePass identity anchor + programmable governance), agent settlement (native stablecoin + Facilitator component), agent developer infrastructure (zero-fee RPC + documentation + observability tools), agent network operations (external validators + VaaS + gradual decentralization), AgenticFi (DEX + LSD + cross-chain bridging + deposit and withdrawal channels), and agent ecosystem growth engine (incentive systems + ecological events). Kite stated that the mainnet will adopt a gradual rollout, with phased deliveries over one to two years, prioritizing a balance of security, auditability, and ecological scalability, ultimately forming a sustainable intelligent agent economic system.It is reported that Kite previously completed a $33 million financing round led by PayPal Ventures and General Catalyst, and received strategic investment from Coinbase Ventures.

Since mid-2025, Bitcoin has begun to decouple from the global M2 money supply (i.e., the total amount of money in circulation in the market, including cash, demand deposits, time deposits, etc.), and this trend became more pronounced in early 2026. Historically, the correlation between the two has been the basis for bullish predictions, but analysts are now sharply divided on this phenomenon.Fidelity Digital Assets' January report maintains an optimistic outlook, believing that as the global monetary easing cycle begins and the Federal Reserve's QT plan ends, the M2 growth rate will continue to rise in 2026, which will be favorable for Bitcoin prices. Analyst MartyParty predicts that Bitcoin prices will rebound to catch up with M2 growth.However, Mister Crypto points out that the decoupling of Bitcoin prices from M2 typically signals a market top, followed by a 2-4 year bear market. The founder of Capriole Investments believes that the decoupling reflects the risk of quantum computing breaking Bitcoin's encryption. Despite the uncertainties, investors still view Bitcoin as a long-term store of value.

The stablecoin USX on the Solana chain has experienced severe fluctuations in the secondary market, once decoupling and dropping to $0.1, allegedly due to a depletion of liquidity.The Solstice team responded by stating that the decoupling of USX on the Solana chain is a secondary market liquidity issue. The team and market makers are working to resolve this and are injecting liquidity into the secondary market to ensure market stability. "The net asset value of USX's underlying assets and the assets held in custody by Solstice are completely unaffected, and the collateralization rate exceeds 100%. We have now requested a third party to issue a supplementary certification report immediately, and the team will release it as soon as the report is completed."The team emphasized that this is purely a secondary market liquidity issue, liquidity has been injected to restore stability, and the current price has risen to $0.94, with the primary market operating normally for 1:1 redemptions.