-crypto

Bitget's transparency report for the first quarter of 2026 released today shows that user trading behavior is accelerating its shift from single cryptocurrency assets to multi-asset portfolios. By the end of the first quarter, the trading volume of non-cryptocurrency assets such as commodities accounted for 20%-40%, while the proportion of cryptocurrency assets fell from its dominant position at the beginning of the year to 60%-80%. The fluctuation of this data marks that a panoramic asset portfolio has become a core strategy for high-net-worth investors.On the product and ecosystem level, Bitget released the white paper for the panoramic exchange UEX in the first quarter, further clarifying the direction of integration of cryptocurrency assets, tokenized assets, and AI-driven trading under a unified framework. At the same time, the platform continues to strengthen its AI trading infrastructure, successively launching Agent Hub and GetClaw, promoting the evolution of AI from an auxiliary tool to an execution system, allowing agents to access real-time market data, identify trading signals, and execute operations autonomously under established parameters.Bitget CEO Gracy Chen pointed out: "The boundaries between the cryptocurrency market and traditional finance are rapidly dissolving, and the explosive growth of CFD business indicates the arrival of a unified market. Users are no longer making binary asset choices but are engaging in efficiency games with diverse assets under the same logical system."

The crypto super PAC Fairshake is investing $1.5 million in an advertising campaign aimed at preventing Texas Democratic Congressman Al Green, who has a critical stance on the crypto industry, from winning in the primary election. This expenditure is pledged by Fairshake's affiliate Protect Progress.Al Green has been rated "F" by the pro-crypto organization Stand With Crypto for highlighting the potential risks of cryptocurrency and voting against crypto policy legislation, while his opponent Christian Menefee received an "A" rating. The $1.5 million investment from Fairshake exceeds the over $700,000 in campaign funds that Al Green has currently raised.It is reported that Fairshake has a funding reserve of $193 million and announced this week that it will spend $5 million to support another pro-crypto Republican Congressman Barry Moore.

The Executive Director of the U.S. Presidential Advisory Committee on Digital Assets, Patrick Witt, posted on the X platform that a cryptocurrency market structure bill is inevitable, and it is unrealistic to expect an industry worth trillions of dollars to operate without a comprehensive regulatory framework.Patrick Witt pointed out that with a president who supports cryptocurrency, control of Congress, and the regulatory environment of the SEC and CFTC, the industry should seize the opportunity through legislation, rather than allowing the Democrats to enact punitive legislation after a future financial crisis. Patrick Witt emphasized that while the CLARITY Act may not be perfect, compromises must be made to secure 60 votes in the Senate, and perfection should not be an obstacle to pursuing excellence.

As Democratic Commissioner Caroline Crenshaw leaves the U.S. Securities and Exchange Commission (SEC), the SEC is now entirely composed of Republicans. The Trump administration is unprecedentedly consolidating control over the executive branch, and it is expected that the SEC, composed entirely of Republicans by 2026, will accelerate the formulation of pro-crypto regulatory policies, with internal dissent now vanished.The three current Republican commissioners at the SEC are Chairman Paul Atkins, Hester Peirce (nicknamed "Crypto Mom"), and Mark Uyeda. There are currently two vacant seats, resulting in the first instance of all sitting commissioners being from a single party, which U.S. economic policy experts have described as "unprecedented."

According to the official announcement from the U.S. Securities and Exchange Commission, Commissioner Caroline Crenshaw has officially left her position.It is reported that Caroline Crenshaw is a crypto skeptic who previously stated that the SEC's guidance on meme coins did not provide a clear legal definition. However, in February of this year, she published "Crypto 2.0: Regulatory Whip," arguing that the enforcement actions against Coinbase undermine regulatory credibility, leading people to mistakenly believe that law enforcement resources are deployed based on election cycles or in ways that favor the wealthy, which has drawn criticism.

According to Cointelegraph, Wyoming Representative Harriet Hageman recently released a mysterious video titled "Soon," sparking speculation about her potential candidacy for the Senate seat in 2026. This comes after current Senator Cynthia Lummis announced she would not seek re-election. As a staunch supporter of the cryptocurrency industry, Lummis has pushed for several blockchain legislations, including the Responsible Financial Innovation Act, and her departure will leave the crypto industry without an important ally.Although Hageman has not yet made digital assets a core focus, she has gained the support of Caitlin Long, a key advocate for blockchain legislation in Wyoming. The 2026 election will test whether the state continues to maintain its position as a Senate advocate for cryptocurrency.

ChainCatcher news, the crypto payment company Alchemy Pay announced a partnership with the next-generation Web3 self-custody wallet TopNod to integrate its fiat-to-crypto deposit and withdrawal solutions into the TopNod wallet. This collaboration enables users to buy and sell crypto assets directly within the wallet using various payment methods, including bank cards, mobile wallets, and local transfers, in 173 countries, covering RWA, mainstream tokens, and stablecoins.TopNod is a wallet supported by Ant Group's Ant Chain technology, officially launched at the end of September, and Alchemy Pay is one of its inaugural partners.

ChainCatcher news, the newly established independent political action committee The Fellowship PAC announced that it has raised over $100 million to support pro-innovation, pro-cryptocurrency candidates, aiming to maintain the United States' leadership in the global digital assets and entrepreneurship sectors.The Fellowship PAC stated that its mission is built on the unprecedented momentum created by innovators, entrepreneurs, and investors, emphasizing transparency and trust as its core differentiators, ensuring that political actions directly support the broader crypto ecosystem rather than narrow or personal interests. In the context of the Trump administration's push to establish a regulatory framework, the organization is committed to making the U.S. a global cryptocurrency hub.The Fellowship PAC will focus on supporting candidates committed to providing transparent and predictable rules for digital assets, protecting the U.S.'s global competitive advantage in technology and entrepreneurship, and preventing the ongoing brain drain of talent and entrepreneurs to overseas markets. As an independent expenditure committee (super PAC), the organization does not coordinate with candidates or parties, and its goal is to ensure that the U.S. continues to maintain its global leadership in crypto and innovation through transparent, ecosystem-wide support.

ChainCatcher news, the newly established super political action committee Fellowship PAC announced on Monday that it will spend over $100 million to support candidates advocating for pro-crypto policies. This is the latest initiative from the digital asset industry to overwhelm political opponents and push legislators in Washington to protect industry interests.It is worth noting that this PAC is more inclined to ally with the Republican Party and former President Trump compared to the currently dominant super PAC in the crypto industry, Fairshake. According to filed documents, the financial officer of Fellowship PAC is an executive from Wall Street firm Cantor Fitzgerald, which was previously led by Secretary of Commerce Howard Lutnick.According to two insiders, supporters of the organization are expected to include Tether, the world's largest stablecoin issuer. This foreign company recently established a U.S. entity, allowing it to provide funding to the super PAC. Tether has faced allegations of financial fraud and enabling platform crime, but has recently been actively building connections with the Trump administration, including hiring Bo Hines, who just left his position as Trump's crypto advisor last month, and working closely with Cantor Fitzgerald, operated by Lutnick's son.

ChainCatcher news, according to Jinshi reports, SEC Chairman Atkins has stated that he has asked staff to study how to adjust the custody system to promote the development of cryptocurrency custody services, while also instructing staff to develop a framework to allow for the parallel trading of crypto and non-crypto securities.To accommodate the trading of tokenized securities, the SEC may need to consider revising the National Market System Rules.

ChainCatcher news, according to Ainvest, the U.S. Senate voted down an anti-cryptocurrency corruption amendment with 46 votes in favor and 54 votes against. The amendment was proposed by Senator Jeff Merkley and aimed to prohibit elected officials from using their positions to gain improper benefits in the cryptocurrency field.The main goal of the amendment was to prevent public officials from obtaining "unfair gains" by promoting specific cryptocurrencies or achieving self-interest through "cryptocurrency schemes." Specific measures included prohibiting officials from publicly promoting specific cryptocurrencies, strengthening disclosure requirements for holdings, restricting cryptocurrency trading during their term, and preventing conflicts of interest.Senator Merkley stated on social media platform X that the failure of the amendment was mainly due to opposition from Republicans.

ChainCatcher news, according to Cointelegraph, the Financial Action Task Force (FATF) recently issued a warning regarding the rise of criminal activities involving stablecoins. Executives from blockchain analysis companies Chainalysis and Asset Reality stated that this move aims to strengthen regulation rather than restrict industry development. Data shows that by 2025, stablecoins will account for 63% of the total volume of illegal crypto transactions.Chainalysis policy advisors pointed out that the FATF calls for countries to unify regulatory standards for stablecoin issuers, implement real-time monitoring, and enhance international cooperation. The co-founder of Asset Reality emphasized the need to apply traditional financial anti-money laundering standards to the digital asset space. In 2023, Tether froze $225 million in USDT related to fraud at the request of the United States.

ChainCatcher news, according to @WatcherGuru, David Sacks, the White House's cryptocurrency and artificial intelligence director and "crypto czar," recently publicly criticized Massachusetts Senator Elizabeth Warren's anti-cryptocurrency policies.Sacks stated, "Warren has a pathological hatred for the crypto community, and her policies intend to drive the crypto industry out of the United States." This remark stems from Warren's long-standing push for strict regulations on cryptocurrencies.

ChainCatcher news, according to crypto journalist Eleanor Terrett, former North Carolina Congressman and Chairman of the House Financial Services Committee Patrick McHenry (McCarthy) revealed that former SEC Chairman Gary Gensler has not been as anti-cryptocurrency in private as he has been in public. "I think this has more to do with Senate politics and the confirmation process."

ChainCatcher news, according to CoinDesk, two Republican candidates supported by the U.S. crypto industry's super PAC Fairshake, Randy Fine and Jimmy Patronis, have both won in the Florida congressional special election, solidifying the Republican Party's slim majority in the House.Both have publicly supported digital assets and innovation policies, with Fairshake's affiliated organization investing over $1.5 million in advertising support for them.

ChainCatcher news, Binance CEO Richard Teng stated that the Trump administration's decision to create a strategic Bitcoin reserve is a "good first step" that may encourage other national governments to consider "allocating to cryptocurrencies."Richard Teng commented, "The question is not whether to allocate, but whether to allocate 2% or 5%, right? So we are having a lot of important conversations like this now. The long-term drivers are very strong."