ChainCatcher news, according to a Cointelegraph article, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated that the formulation of future cryptocurrency-related policies will adopt a public rulemaking process rather than advancing through enforcement actions.Atkins emphasized that this process will be conducted through "Notice and Comment" to ensure that the public can participate in policy-making and provide feedback.

ChainCatcher news, CryptoQuant analyst Caueconomy stated that the on-chain Bitcoin transaction volume from retail investors, which did not exceed $100,000 in the past 30 days, has decreased by about 2.45%, indicating that small investors have not yet reached a frenzy in the current market. Although these participants may be using other investment tools such as ETFs and Bitcoin financial companies, the on-chain capital structure typically responds sharply to these fund flows, and there are still no structural frenzy market characteristics.

ChainCatcher news, according to SoSoValue data, the cryptocurrency market is generally in a pullback, with only the PayFi, RWA, and SocialFi sectors remaining relatively strong, up 1.20%, 0.22%, and 0.01% respectively over the past 24 hours. In the PayFi sector, XRP and Telcoin (TEL) rose by 1.93% and 2.76% respectively. In the RWA sector, Maker (MKR) and Plume (PLUME) increased by 6.42% and 7.34% respectively. In the SocialFi sector, Galxe (GAL) and Mask Network (MASK) rose by 10.26% and 12.04% respectively.Additionally, Bitcoin (BTC) fell by 0.68% in the last 24 hours, pulling back to $105,000, while Ethereum (ETH) decreased by 0.91%, still maintaining above $2,600.In other sectors, the DeFi sector dropped by 0.10% in the last 24 hours, but Aave (AAVE), Uniswap (UNI), and Four (FORM) rose by 2.96%, 4.18%, and 6.92% respectively; the CeFi sector fell by 0.15%, with LEO Token (LEO) remaining relatively strong, up 5.91%; the Layer2 sector decreased by 1.07%, while Stacks (STX) and Movement (MOVE) rose by 1.32% and 1.60% respectively; the Layer1 sector fell by 1.23%, and the Meme sector dropped by 2.93%.The cryptocurrency sector indices reflecting historical market trends show that the ssiPayFi, ssiRWA, and ssiDeFi indices rose by 1.49%, 0.82%, and 0.58% respectively over the past 24 hours.

ChainCatcher news, according to Jinshi reports, sources say: the United States has presented a "long and harsh" list of demands to Vietnam in tariff negotiations.

ChainCatcher news, according to Jinshi Data reports, UBS interest rate strategists stated in their latest report that due to ongoing economic growth risks, the bank remains bullish on the 10-year U.S. Treasury bonds. "We believe the market is underestimating the risks of an economic slowdown, and the relatively mild U.S. CPI data in May and June will also support the performance of the 10-year U.S. Treasury bonds." The strategists pointed out that although household inflation expectations have risen, they have not yet translated into significant wage pressure. Additionally, they mentioned that if the U.S. Senate makes adjustments to the "Beautiful Big Bill" proposed by the House of Representatives and further cuts spending, it is expected to alleviate market concerns about the expanding fiscal deficit. However, UBS also believes that in the coming months, the yield on the 10-year U.S. Treasury bonds may struggle to fall below 4%.

ChainCatcher news, according to Jinshi reports, Bank of Japan Governor Kazuo Ueda made a series of statements regarding the economy and monetary policy. Ueda stated that fluctuations in ultra-long-term bond yields could affect short-term and medium-term yields, and the changes in short-term and medium-term Japanese government bond yields typically have a greater impact on the economy than fluctuations in ultra-long-term yields.Some investors have shown a decreased preference for ultra-long-term Japanese government bonds, and he will review the bond reduction plan at the next monetary policy meeting, considering the opinions of bond market participants. Ueda indicated that there is currently no preset plan for interest rate hikes, and that rates would only be considered for an increase if the economy and prices rise again. Japan's core inflation rate remains slightly below the Bank of Japan's 2% target.

ChainCatcher news, according to Jin Shi reports, Morgan Stanley Research strategists Vishwanath Tirupattur and Serena Tang stated in a report that the continued weakness of the dollar over the next 12 months is a key theme for Morgan Stanley Research.Vishwanath and Serena said: "We expect the dollar to continue to weaken as U.S. interest rates and economic growth converge with peers." The increase in foreign exchange hedging flows has led to a further rise in risk premiums, which will increase the selling pressure on the dollar. Other safe-haven currencies such as the yen, Swiss franc, and euro are expected to benefit from this.

According to TheBlock, BTC Markets crypto analyst Rachael Lucas stated that the price of Bitcoin is at a psychological and technical "critical point," which could determine the success or failure of the bull market. Indicators such as RSI and MACD show that strong bullish momentum is beginning to weaken at least temporarily. However, the long-term outlook remains optimistic. We may be in the early stages of a new super cycle. The support level for Bitcoin is relatively solid around $103,000, with a more robust bottom support at around $97,600.Lucas mentioned two possible scenarios for Bitcoin in the coming days: "If Bitcoin can hold the range of $103,000 to $105,000, it is expected to attempt to rally again towards $115,000. On the other hand, if it falls below $103,000, it could trigger a deeper pullback, with target price levels in the range of $93,000 to $97,000. The latter scenario should not be seen as the end of the overall upward trend, but rather as a signal that the market needs more time to prepare for further price growth. Bitcoin's connection to traditional financial markets is becoming increasingly tight, making it more sensitive to economic data, central bank comments, and geopolitical risks."

ChainCatcher news, CryptoQuant analyst Axel Adler Jr stated, "Although the Bitcoin price briefly pulled back to $103,000--$104,000, the fundamentals remain bullish: exchange reserves continue to decrease, corporate purchases continue to pressure supply, while long-term holders continue to accumulate, forming a 'buffer' below the market.Meanwhile, the macro situation presents mixed signals: the slowdown in PCE inflation has eased some of the Federal Reserve's policy pressure, but tariff uncertainty and rising yields have strengthened the 'risk-averse' atmosphere, suppressing the market's growth willingness. The baseline scenario for next week is for Bitcoin prices to consolidate between $103,000 and $110,000 until new driving factors emerge.If trading volume increases and momentum breaks above 20%, accompanied by a breakout above $110,000, it would confirm that the market is preparing to test the $115,000--$120,000 range. Conversely, if net capital inflows turn positive and the price falls below $100,000, it may indicate a deeper correction."

ChainCatcher news, according to a report by NBC News, at the Bitcoin 2025 conference held in Las Vegas, attendees questioned Trump's meme coin. Bitcoin investor Ryan Nichols stated that although he is a fan of Trump, he would not engage with Trump's digital currency and predicts that its future price may decline. Edan Yago, co-founder of BitcoinOS, believes that the TRUMP coin is a form of legitimate corruption rather than a good use of underlying technology.The Trump Organization and the administrator of the meme coin sale website geettrumpmemes did not respond to requests for comments, while the White House stated in an email that "The $TRUMP meme coin has nothing to do with the White House."

ChainCatcher news, according to a report by CoinDesk, Citigroup's latest report indicates that as the use of stablecoins in the cryptocurrency market and traditional finance grows, the demand for U.S. Treasury bills is also on the rise.The report emphasizes that dollar-backed stablecoins (such as USDT) dominate crypto trading and blockchain payments, reflecting the dollar's status as the world's reserve currency. Relevant legislation being considered by Congress may further solidify this trend by requiring reserves to hold short-term government debt. Meanwhile, traditional financial giants like PayPal and Visa are also beginning to explore applications for stablecoins. Citigroup predicts that by 2030, the stablecoin market size could reach between $1.6 trillion and $3.7 trillion.

ChainCatcher message, Placeholder partner Chris Burniske posted on the X platform, "Don't mistake a small pullback for the end of the market; the overall risk/reward structure remains favorable."

ChainCatcher news, according to Jinshi reports, Federal Reserve's Daly stated on Thursday that although policymakers may still cut interest rates twice this year, current rates should remain stable to ensure that the inflation rate can reach the Federal Reserve's 2% target.Daly emphasized that as long as the inflation rate is above the target and there is uncertainty, inflation will be the focus of attention, given the robust state of the labor market. In addition, the U.S. trade court's ruling to block Trump's tariff measures was overturned by the appeals court on Thursday, highlighting the uncertainty in trade policy, which has caused concern among many businesses and the Federal Reserve.

ChainCatcher news, according to The Guardian, as questions about the deep and secret ties between the Trump administration and the cryptocurrency industry continue to escalate, a senior Democratic member of the U.S. House of Representatives is calling for Trump to disclose the guest list of a private dinner held last week for major investors in his meme coin TRUMP.At a star-studded cryptocurrency conference in Las Vegas this week, as the Trump administration rolled out the red carpet for the industry, Congressman Jamie Raskin from Maryland, the top Democratic member of the House Judiciary Committee, called on Thursday for an investigation into the private dinner held last week at Trump’s golf club in Virginia, which was specifically for major buyers of his TRUMP digital token.In a letter, he wrote: "Releasing this list will inform the American public about who is putting tens of millions of dollars into our president's pocket, so we can start to figure out what they got in return for this huge amount of money, besides a virtually worthless meme coin."As U.S. Vice President JD Vance and other senior officials from the Trump administration appeared in Las Vegas on Wednesday and Thursday to attend the "Bitcoin 2025" conference, actively promoting the U.S. government's crypto-friendly policies to industry leaders and investors, Raskin's call for investigation was also made.

ChainCatcher news, according to Cointelegraph, Gemini's latest "State of the Crypto Market" report shows that the cryptocurrency ownership rate in the UK for 2025 has the highest year-on-year increase globally, with the percentage of respondents holding crypto rising from 18% last year to 24%. Singapore retains the global lead with a 28% ownership rate, followed closely by France and the United States at 21% and 22%, respectively. The average ownership rate in the four countries (US, UK, France, Singapore) is 24%, meaning one in four people holds crypto assets.The report notes that the implementation of the EU's Markets in Crypto-Assets Regulation (MiCA) may warm the regulatory environment in Europe, but the UK has yet to introduce national-level crypto regulations. Currently, the UK government is advancing a regulatory draft for crypto exchanges, aiming to complete the legislative process this year, focusing on consumer protection and operational compliance frameworks. The public consultation for this draft closed on May 23, and the Treasury is expected to release the final version within the year.

ChainCatcher news, according to Cointelegraph, Bitcoin's price rebounded strongly after briefly dropping to $107,000 and has now returned to the $110,000 level.Despite facing macro challenges such as the release of inflation data from the Federal Reserve and rising bond yields, market sentiment remains positive. Exchange data shows that trading activity has cooled, but funding rates remain neutral, indicating healthy leverage levels that support sustainable upward movement.Analyst BitBull stated that if the current structure holds, Bitcoin is expected to target a new goal of $155,000.

ChainCatcher news, Coindesk analyst Aoyon Ashraf stated that Bitcoin reached an all-time high this week, primarily driven by institutions, while retail investors were almost "absent" from this rally. A quick search using "Bitcoin" as a keyword on Google Trends reveals that the search frenzy seen during the 2021 bull market is now completely absent.Although there was a brief surge of retail enthusiasm during the U.S. presidential election, when a rapid Meme coin craze briefly ignited market sentiment, that excitement has long faded. Despite Bitcoin breaking through $111,000 to set a new all-time high this week, Meme coin prices have quickly fallen, and retail enthusiasm has cooled.Even though Bitcoin has reached an all-time high, traders remain cautious, as evidenced by lower funding rates and increased short positions. The current market sentiment shows a trend towards more sustainable trading behavior, which may pave the way for long-term gains.

ChainCatcher news, according to CoinTelegraph, Australian Senator Gerard Rennick made critical remarks about Bitcoin on the X platform, calling it a "Ponzi scheme" and questioning its value because it "cannot be eaten." This statement sparked a strong response from the Bitcoin community.The Australian Bitcoin Industry Body (ABIB) stated that Rennick's remarks demonstrate a profound misunderstanding of Bitcoin, which could lead to misguided policy-making. Additionally, several Bitcoin supporters defended the value and utility of Bitcoin, highlighting its importance as a digital asset and a store of value.