ica

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 25, up 3 points from yesterday. The average over the past 7 days is 20, and the average over the past 30 days is 13.

According to Decrypt, U.S. Senator Elizabeth Warren (a senior Democrat on the Senate Banking Committee) wrote to SEC Chairman Paul Atkins, stating that he may have "deliberately misled" Congress regarding the decline in the number of new enforcement actions by the SEC during a hearing, and pointed out that if there are significant false statements made to Congress, it could involve criminal liability.The report cites enforcement data disclosed by the SEC for 2025, stating that the SEC added a total of 456 new enforcement actions last year, of which about 200 were from the previous administration, and approximately 256 were added during the current administration, significantly lower than the average of about 765 per year over the past decade. Warren believes that the sharp decline in enforcement actions, staff reductions, and sudden leadership changes may weaken the SEC's ability to protect investors and maintain market order, and questions whether there is political favoritism and selective enforcement. The SEC declined to comment on this.

Polish Prime Minister Donald Tusk stated that a cryptocurrency company linked to "Russian gangs and intelligence agencies" is funding political opponents and influencing domestic cryptocurrency regulatory legislation.During a parliamentary vote on Friday, Tusk pointed out that some Polish politicians obstructing cryptocurrency regulatory legislation are serving the interests of a company named Zondacrypto, which is accused of providing "financial support" to political figures and has ties to Russia. Tusk further claimed that the company sponsored the CPAC (Conservative Political Action Conference) event held in Poland last year, during which former U.S. Secretary of Homeland Security Kristi Noem publicly supported President Karol Nawrocki's campaign. Tusk bluntly stated that the company's funding sources involve not only "money related to the Russian mafia (Bratva)" but may also be connected to Russian intelligence agencies.Meanwhile, President Nawrocki won the election in June last year, with support from former U.S. President Donald Trump. The president's office responded that it does not oppose cryptocurrency regulation itself but opposes the "flawed regulatory model" proposed by the government. This controversy arises amid the political tug-of-war in Poland over the cryptocurrency regulatory bill. The bill aims to align with the EU's MiCA (Markets in Crypto-Assets Regulation) framework, but the president previously vetoed the related bill and blocked parliament from overturning the veto in December, hindering the regulatory process.

According to Gate market data, the Iranian foreign minister stated that the Strait of Hormuz is open to merchant ships, causing significant market fluctuations. Spot gold continues to rise, surpassing $4,840, with an intraday increase of over 1%; spot silver has risen nearly 4% today, currently reported at $81.3 per ounce. Both WTI and Brent crude oil experienced a sharp decline, with WTI crude oil plunging 8% today and Brent crude oil dropping 7%. The US dollar index DXY fell more than 20 points in the short term, currently reported at 97.98, with most non-US currencies rising.

According to market news, Xiaomi miclaw has officially passed the evaluation by the China Academy of Information and Communications Technology's mobile intelligent assistant (Claw), becoming the first mobile intelligent agent in the country to pass this review.This evaluation was conducted based on the "General Framework for Intelligent Assistant Benchmark Testing," strictly assessing three major dimensions: basic capabilities, edge-side applications, and comprehensive capabilities. It is reported that Xiaomi miclaw relies on Xiaomi MiMo's self-developed large model, possessing four major capabilities: full ecological underlying support, deep memory, cross-domain interconnection, and continuous self-evolution, enabling it to connect mobile phones, PCs, cockpits, and AIoT devices to autonomously execute complex commands.

According to CoinDesk, Glassnode's Bitcoin on-chain metric RHODL ratio is currently at 4.5, which is the third highest level on record, and the signals it emits are more aligned with a market bottom rather than a cycle top.The RHODL ratio compares the value of Bitcoin held by long-term holders (holding for 6 months to 3 years) to that held by short-term holders (holding for 1 day to 3 months). An increase in the ratio typically reflects a longer holding period for chips and reduced speculative activity, rather than an influx of new buyers—this dynamic has occurred after significant corrections in 2015, 2019, and 2022. During the 50% drop in Bitcoin over the past six months, young speculative chips have been largely washed out, concentrating wealth among long-term holders.Historically, the RHODL ratio has only been higher than the current level twice: in 2015 (ratio of 5) and in 2022 (ratio of 7), both corresponding to cycle bottoms, which suggests that Bitcoin may still have further downside potential. However, to push the ratio to higher levels, it typically requires the activity of short-term holders to be nearly exhausted, and this condition is not yet evident under current circumstances—Bitcoin has rebounded about 25% from its February low, perpetual contract funding rates remain negative, and the S&P 500 has also reached an all-time high.Overall, this indicator suggests that the current market conditions are closer to an adjustment within the cycle rather than a cycle top formation, and the re-dominance of long-term holders in the market may indicate that a phase bottom is approaching.

According to GMGN monitoring, the market capitalization of the Ethereum chain meme coin ASTEROID has surpassed 20 million USD, currently reported at 21.84 million USD, setting a new historical high, with a 24-hour trading volume of 14.7 million USD.ChainCatcher reminds users that meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, with no actual value or use cases; investors should be aware of the risks.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 22, up 0 points from yesterday. The average over the past 7 days is 18, and the average over the past 30 days is 13.

According to data from TheMinerMag, in the first quarter of 2026, publicly listed Bitcoin mining companies including MARA, CleanSpark, Riot, Cango, Core Scientific, and Bitdeer collectively sold over 32,000 BTC, surpassing the total amount sold throughout last year and even exceeding the sell-off levels triggered by the Terra-Luna collapse in Q2 2022, setting a "new record for a single quarter."The backdrop of this sell-off is the key metric for measuring miner profitability, "hashprice," which has fallen to a historical low of below $35 per PH/s per day, with about 20% of miners already in the red. Asset management firm CoinShares stated in its report: "Unless the BTC price rebounds significantly, high-cost miners will further capitulate in the first half of 2026."

According to Globenewswire, the American law firm Bernstein Liebhard has announced that it has filed a securities fraud class action lawsuit on behalf of investors against the Nasdaq-listed cryptocurrency exchange Gemini Space Station, alleging that Gemini made false statements regarding its business operations and prospects in its prospectus and related disclosures, particularly accused of exaggerating the viability of its core cryptocurrency platform business. Investors wishing to serve as lead plaintiffs must submit their applications by May 18, 2026.It is reported that Bernstein Liebhard is a well-known investor relations law firm that has previously filed class action lawsuits against companies such as Ruhnn, Apple, and AsiaInfo-Linkage.

According to Fortune magazine, in the context of a downturn in the crypto market in 2025 and the distribution of profits to investors, the portfolio values of crypto venture capital firms such as Paradigm and a16z crypto have significantly shrunk.According to filings with the U.S. Securities and Exchange Commission (SEC), the total assets under management (AUM) of four crypto funds under a16z crypto dropped nearly 40% from 2024 to 2025, falling to $9.5 billion. Part of the reason is that the firm began returning capital to investors from earlier funds, and the timing of the returns coincided with the market peak in 2025, with a net DPI (distributions to paid-in capital) of 5.4 for its first crypto fund.Multicoin Capital's AUM has more than halved, dropping to about $2.7 billion. Paradigm's holdings also slightly decreased by about 6%. Meanwhile, the total size of a16z crypto's parent company, Andreessen Horowitz, has exceeded $100 billion.The report points out that the shrinkage in assets under management reflects the decline in portfolio value due to the market downturn, and is also a sign of normal exits by VCs and the return of funds to limited partners (LPs). Some firms, such as Haun Ventures, have seen their AUM grow by over 30%, reaching around $2.5 billion.Currently, Paradigm is seeking to raise a new fund of $1.5 billion, and a16z crypto is also raising up to $2 billion for its fifth fund.

According to The Block, the Washington think tank Cato Institute published an article criticizing the current Bitcoin tax policy in the United States. Researcher Nick Anthony pointed out that the current tax framework treats Bitcoin as "property" rather than "currency," requiring users to calculate capital gains or losses for each transaction individually, even for everyday small purchases. This makes tax reporting extremely cumbersome and effectively hinders the adoption of Bitcoin as a payment tool.In response, the Cato Institute proposed several reform suggestions, including completely eliminating the capital gains tax on cryptocurrency payments and introducing a tax-free threshold for small transactions. The report also mentioned the existing "Virtual Currency Tax Fairness Act," which aims to exempt cryptocurrency transactions under $200, but Anthony believes this threshold is too low to cover the actual spending levels of consumers. Currently, the Trump administration has expressed support for establishing a small tax exemption for cryptocurrency transactions and will continue to evaluate related legislative options.

CoinDesk analyst James Van Straten stated that the Bitcoin funding rate has fallen to its lowest level since 2023, and historical patterns show that such signals often coincide with market bottoms. According to Glassnode data, the seven-day moving average of the funding rate has dropped to about -0.005%.The funding rate is the fee that long and short positions pay each other periodically in perpetual contracts to keep the contract price aligned with the spot market. When the rate is positive, longs pay shorts, reflecting bullish market sentiment; when the rate is negative, shorts pay longs, indicating a bearish market. Despite the funding rate being persistently negative from March to April this year, Bitcoin still oscillated upward from the $60,000 to $65,000 range to about $75,000. Historically, a deeply negative funding rate often coincides with Bitcoin's phase bottoms: during the market crash triggered by the COVID-19 pandemic in March 2020, Bitcoin fell to about $3,000; it dropped to $30,000 during China's mining ban announcement in 2021; it hit a low of about $15,000 during the FTX collapse in November 2022; and it briefly fell below $20,000 during the Silicon Valley Bank crisis in 2023. During the yen arbitrage trade closure in August 2024 and the "Liberation Day" sell-off in April 2025, negative funding rates also appeared alongside phase lows. The continued negative funding rate indicates that even if the price trend is positive, short positions remain at a high level. This divergence may suggest that the market is climbing within a "wall of worry," and a large number of short positions could become fuel for further price increases.

The TON ecosystem decentralized options protocol Tradoor has officially launched the "Airdrip" airdrop event. According to the rules, users' DOOR points will be directly exchanged for USDT and distributed to their TON wallets.According to the official introduction, the eligibility requirements for this airdrop include: holding at least 5000 DOOR points in the account, completing social verification tasks, and executing at least 1 options trade in Turbo mode. To prevent bot attacks and reward real users, the rewards will be unlocked over 4 months (25% each month), with the final claim deadline set for December 31, 2026. The official specifically reminds that airdrop claims are only open through their official website and official Telegram Bot.In addition, Tradoor revealed that it will soon expand its business to the BNB Chain, aiming to provide users with a lower capital threshold, one-click execution, and zero hidden fees for options trading.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 22, an increase of 0 points from yesterday. The average over the past 7 days is 18, and the average over the past 30 days is 13.

According to analyst Darkfost, Bitcoin has experienced a net outflow from CEX almost every day for the past two months, indicating a trend of accumulation among investors.This type of structural outflow is often seen as a positive signal of reduced selling pressure, especially during the current price consolidation phase, which may indicate that the selling power is exhausted, while also suggesting that Bitcoin is being transferred from CEX to long-term holding wallets.

The newly established political action committee in the crypto industry, Fellowship PAC, has raised approximately $11 million, with $10 million coming from Cantor Fitzgerald and $1 million from Anchorage Digital. It has spent about $3 million on political advertising, with this portion of the expenses paid to Nxum Group, which was co-founded by Tether US CEO Bo Hines.The PAC primarily supports Republican candidates and invests funds in congressional and state-level elections. Although the organization has ties to Tether executives, its main funding sources are financial institutions, and it is currently unclear whether Tether can directly participate in related political donations.