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According to Jinshi reports, company documents show that Google (GOOG.O) has agreed to pay SpaceX $920 million per month for computing power as part of a cloud service agreement that will last until mid-2029.SpaceX stated in documents submitted on Friday that Google will pay SpaceX a monthly fee from October until June 2029, with the computing power provided including approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related components. The related computing power will gradually increase before September, and the costs will decrease accordingly.The documents indicate that if SpaceX fails to deliver the agreed number of GPUs by September 30, 2026, Google has the right to terminate the contract and will enjoy a one-month grace period. Additionally, according to the agreement disclosed on Friday, either party has the right to terminate the agreement with 90 days' notice.

According to BBX data, yesterday the global digital asset compliance process welcomed a historic policy dividend, as the U.S. federal government and the top securities regulatory agency are jointly breaking down the payment and securities boundaries between the crypto ecosystem and traditional finance. The core dynamics are as follows:Trump signs digital asset executive order: U.S. President Trump officially signed an executive order on Tuesday local time, requiring U.S. financial regulatory agencies to review existing rules within the next three months, identify and dismantle regulations that hinder fintech companies from collaborating with federally regulated financial institutions. The order specifically requires the Federal Reserve to take measures to encourage innovation within six months, reassess the eligibility of non-bank financial companies to access Federal Reserve payment accounts and services, and appoint 12 regional Federal Reserve banks to study the feasibility of independent open payment accounts.SEC poised to release "innovation exemption" framework: According to Bloomberg Law, the "Project Crypto" plan led by SEC Chairman Paul Atkins is expected to officially launch the tokenized stock "innovation exemption" framework as early as this week. This framework will allow crypto-native platforms to provide trading and clearing services for tokenized U.S. stocks to the market during the experimental period without undergoing full broker registration.Traditional exchange giants race to tokenize: Regulatory easing has already sparked competition for existing market share on Wall Street. Nasdaq, Inc. (NASDAQ: $NDAQ) has officially received SEC approval to launch trading of DTC-compliant security token versions by March 2026; meanwhile, the NYSE parent company Intercontinental Exchange, Inc. (NYSE: $ICE) has also submitted its independently developed 24/7 tokenized securities platform for final approval, which is currently pending.

On Tuesday local time, U.S. President Trump signed an executive order requiring the federal government and the Federal Reserve to review the existing regulatory framework to promote deeper integration of digital assets and financial technology into traditional financial services and payment systems. The executive order mandates U.S. financial regulators to review current rules within the next three months and identify any "unreasonable barriers" to cooperation between fintech companies and federally regulated financial institutions. Within six months, regulators must also take measures to encourage financial innovation. Among other things, the order specifically requires the Federal Reserve to reassess the eligibility of uninsured deposit institutions and non-bank financial companies for payment accounts and payment services.The document also requests the 12 regional Federal Reserve Banks to study whether they can independently open payment accounts to relevant institutions without relying on the approval of the Federal Reserve Board. Analysts believe this policy may benefit special purpose deposit institutions in Wyoming and similar structures for cryptocurrency companies. Previously, Kraken's Wyoming SPDI had obtained a limited version of "master account" authority from the Kansas Federal Reserve, and other cryptocurrency institutions are also seeking similar qualifications. Reports indicate that the Federal Reserve is currently also studying a more formal "streamlined master account" mechanism and had announced related proposals last December.

Minnesota Governor Tim Walz has officially signed HF 3709, a bill that allows banks and credit unions in the state to offer cryptocurrency custody services. The bill will take effect on August 1, 2026. According to the bill's requirements, financial institutions must develop written policies covering risk management, internal controls, and security measures, and submit written notice to the state commissioner of commerce at least 60 days before providing custody services. The bill specifically emphasizes that customer assets must be strictly segregated from the institution's own assets.One of the main authors of the bill, Representative Bernie Perryman, stated that this move aims to allow local financial institutions to "grow alongside their customers," preventing residents from being forced to rely on unregulated out-of-state or offshore providers. The Minnesota Credit Union Network stated that this legislation provides residents with a "safer way to manage crypto assets" and strengthens protections against risks such as fraud and hacking through regulation. With this, Minnesota becomes another state, following New York, Wyoming, and Virginia, that allows banks to offer crypto custody services.Meanwhile, earlier this month, the state also enacted another bill (SF 3868) that bans cryptocurrency ATMs. Starting August 1, the state cannot install new cryptocurrency ATMs, and existing machines must be removed by December 31. As a result, Bitcoin ATM operator Bitcoin Depot has filed for Chapter 11 bankruptcy protection and initiated business liquidation this Monday.

According to the latest bill signed by the government of Minnesota, local banks and credit unions can now legally provide custody services for cryptocurrencies such as Bitcoin.The bill aims to provide a clear regulatory framework for financial institutions in the state to participate in digital asset businesses and to expand the coverage of traditional finance to cryptocurrency services.

CryptoQuant analyst Darkfost stated that despite the challenges posed by the US-Iran conflict and inflationary pressures on the market, there have been recent signs of recovery in the altcoin market. He pointed out that after experiencing an overall correction of over 50%, the altcoin sector is gradually regaining activity. This round of adjustment is influenced not only by the BTC correction but also by the dilution of market tokens. Currently, there are approximately 51 million altcoins in the market, with 46% deployed on Solana, 36% on Base, and 10% from the BSC chain.He noted that the overall performance of altcoins listed on Binance has returned to levels seen since September 2025. Currently, about 21% of altcoins listed on Binance have regained their position above the 200-day moving average, while only 2% of tokens maintained above this key technical level in February of this year.Darkfost believes this indicates that market interest in altcoins is gradually rising, which is an important signal for investors looking to allocate to altcoins. However, he also emphasized that it is still too early to determine if the "altcoin season" has begun, as market liquidity remains limited.

According to CoinDesk, the floor price of Bored Ape (BAYC) NFTs has risen from about 5 ETH to over 10 ETH in the past month, while ApeCoin (APE) has also rebounded from below $0.1 to about $0.16 during the same period, with trading volume significantly increasing.At the same time, frequent security vulnerabilities in the DeFi sector and a continuous decline in yields have prompted some funds to shift towards the NFT market. The trend of NFT financialization is also heating up, with a recent $2.8 million loan transaction collateralized by a CryptoPunk attracting widespread attention, with the lender expected to earn about $138,000 in interest within 90 days. Blue-chip collections like Pudgy Penguins have also strengthened, further boosting market sentiment regarding the potential token issuance by OpenSea.

According to Jinshi reports, White House National Economic Council Director Hassett stated that there are no signs of runaway inflation, so the Federal Reserve does not need to raise interest rates.

According to Jinshi reports, Federal Reserve official Daly stated that wage growth is in line with the 2% inflation target.

According to Jinshi reports, Federal Reserve official Daly stated that there are currently no signs indicating that long-term inflation expectations are rising.

CryptoQuant analyst Darkfost tweeted that Bitcoin has risen over 36% since the low on February 6. Meanwhile, Bitcoin's dominance has also increased, surpassing 61.3%, returning to the high since November 2025, indicating that funds are still highly concentrated in Bitcoin.In contrast, altcoins are still under pressure but have shown early signs of stabilization. TOTAL3 (the total market capitalization of all cryptocurrencies excluding BTC and ETH) has increased by about 15% during the same period. Among the altcoins listed on Binance, 11.7% have returned above the 200-day moving average (only 2.3% on February 6), breaking the downward trend since October 2025.Additionally, the trading volume of altcoins on Binance has risen from 31% to 49% of the total trading volume of BTC and ETH, indicating that investor interest is slowly returning.

According to CNBC, Google's stock price surged significantly after hours, briefly surpassing Nvidia's market value. The driving factor was a report stating that Anthropic has committed to paying $20 billion to Google Cloud over five years. If the deal is true, Anthropic will contribute over 40% of Google's future contract cloud revenue.

According to the Wall Street Journal, "Fed mouthpiece" Nick Timiraos wrote that Dallas Fed President Lorie Logan, Minneapolis Fed President Neel Kashkari, and two other regional Fed presidents oppose maintaining the wording "the next step is more likely to be a rate cut" in this week's policy meeting, believing that the next rate adjustment could be either a rate hike or a rate cut.Outgoing Fed Chair Powell stated that the committee is gradually shifting from a "rate cut bias" to a "neutral stance," and indicated that if a rate hike is needed in the future, the Fed will first move to a neutral position before signaling a rate hike.Nick Timiraos analyzes that there has been a significant shift in the internal discussions about the interest rate path at the Fed, with the focus no longer primarily on when to resume rate cuts, but rather on under what conditions a rate hike may be necessary. Since the Fed began issuing policy statements in 1994, there has been little disagreement on how to describe the policy direction (rather than actual interest rate changes).

According to independent analyst Markus Thielen's chart analysis, Bitcoin weakened for five consecutive months after reaching an all-time high in October 2025, only recording positive returns in March 2026.April has not yet concluded, but the monthly increase is expected to become the strongest single-month performance since April 2025, and Bitcoin may see a second consecutive month of gains. Analysts point out that the two-month rebound has released certain repair signals, combined with historically positive seasonal patterns from May to July, Bitcoin may still receive some support in the future, but a single-month rebound is still insufficient to confirm a trend reversal.

The Swedish Bitcoin treasury company H100 announced that it has signed a binding strategic acquisition agreement. After the transaction is completed, the company's Bitcoin holdings are expected to increase to approximately 3,500 coins.

BIT released a chart today stating that since October of last year, Bitcoin has been in a continuous adjustment phase, with a weak funding situation being one of the more obvious reasons. During the same period, Tether's market capitalization has hovered around $183 billion, with overall incremental growth being limited, leading to a lack of significant new capital inflow, putting overall pressure on prices and resulting in relatively cautious sentiment.Recently, this situation has shown signs of loosening. Tether's new circulating supply has increased by about $3 billion, and the overall stablecoin market capitalization has rebounded, indicating signs of market liquidity warming up. Combined with other funding flow indicators, the signal direction is becoming more positive, but it is still in the early stages. The marginal improvement in funding flow is noteworthy, as such signals often precede price performance. If this trend continues in the coming weeks, it is expected to provide some support for prices.

According to Jinshi reports, Federal Reserve Governor Waller stated that he will closely monitor whether there are signs of increasing pressure in employment data.

According to News1, the stablecoin issuer Circle has partnered with Dunamu, the operator of South Korea's largest virtual asset trading platform Upbit, to collaborate in the field of stablecoins and other digital assets.Dunamu stated that it has signed a comprehensive memorandum of understanding (MOU) with Circle and is discussing cooperation plans in the digital asset sector, including stablecoins, such as jointly promoting educational projects. This initiative aims to enhance market participants' access to information, thereby increasing the trustworthiness of South Korea's digital asset ecosystem.In particular, Dunamu plans to promote "healthy innovation" in the South Korean digital asset market through collaboration with Circle, which has consistently complied with U.S. regulations and continues to expand its business.

According to Decrypt, FIFA announced a multi-year partnership with ADI Predictstreet, which will become the official prediction market partner for the 2026 World Cup. This is also the first time FIFA has introduced a prediction market mechanism to enhance fan interaction.Under the partnership, fans can use the platform to predict match results, event data, player performance, and key events. The platform will operate on the ADI Chain and will use official historical data to support analysis, while also launching free prediction games.The 2026 World Cup will be jointly hosted by the United States, Canada, and Mexico, expanding to 48 teams and a total of 104 matches. FIFA President Gianni Infantino stated that this move aims to enhance global fan engagement through innovative methods.It is noteworthy that FIFA did not choose established platforms like Polymarket or Kalshi, but instead partnered with the yet-to-be-launched ADI Predictstreet. Officials stated that the platform will adhere to regulatory and compliance frameworks and introduce real-time monitoring mechanisms to prevent abnormal trading behavior.Boosted by the news, the price of ADI tokens reached an all-time high, peaking at $4.54, with an increase of about 12% over the past week. Market analysts believe this move marks a new phase in the integration of prediction markets with sports events, and it may also trigger further regulatory scrutiny of related trading models.

According to The Kobeissi Letter data, U.S. government job vacancies in February fell to 701,000, the second lowest since December 2020, a decrease of 524,000 from the peak in 2022. Federal government vacancies are down to 89,000, with the hiring rate dropping to 1.4%, matching the lows of 2016 to 2017. Private companies are also significantly laying off employees, with Oracle reportedly cutting as many as 30,000 jobs, Amazon reducing 16,000 positions, and Block laying off over 4,000 people.In terms of consumer confidence, only 27.3% believe that jobs are plentiful, far below the approximately 55% in 2022; the labor market disparity indicator has dropped to 5.8 percentage points, the lowest since the pandemic. Kobeissi points out that this indicator has historically been a reliable leading signal for rising unemployment, with the current level only appearing before and after economic recessions.