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SpaceX disclosed in its latest S-1 filing that it holds approximately 18,712 bitcoins, with a current market value of about $1.4 billion, significantly higher than previous market expectations, with a cost of about $661 million. This bitcoin holding has become an important component of SpaceX's balance sheet, accounting for about 1.8% of total assets, making it one of the major corporate bitcoin holders, second only to a few institutions.The more critical issue lies in the financial volatility risk brought about by accounting treatment. Analysts say that measuring bitcoin at fair value will cause its price fluctuations to be directly reflected in the financial reports each quarter, potentially leading to significant profit volatility unrelated to core business (rocket launches, satellite business), creating significant "accounting noise." Market participants believe that this mechanism may make it more difficult for investors to assess SpaceX's true operational performance, with the bitcoin holding potentially evolving from a "strategic reserve asset" to a key variable affecting the stability of financial reports.

The Huobi HTX VIP private class "AI + Trading from Theory to Practice" was held in Shanghai, where early Bitcoin miner and pyra.io CTO Tian Jia shared the development of quantum computing and the impact of AI on trading.He believes that in the AI era, investors are more equitable in "gaining knowledge," such as establishing institutional-level trading frameworks. However, in "trading competition," it is less equitable, such as training institutional-level trading models. The real enhancement of fairness comes from AI lowering the cognitive threshold, while the true unfairness expands from the concentration of data, speed, capital, and platform manipulation capabilities.

According to Cointelegraph, the parent company of the New York Stock Exchange, ICE, is calling on regulators to create a fair competitive environment that allows licensed institutions to launch around-the-clock on-chain perpetual contracts. ICE executives stated that platforms like Hyperliquid are already conducting related trades, while traditional institutions are unable to follow suit due to regulatory restrictions.ICE has begun discussions with Hyperliquid to explore the collaborative space between traditional finance and the cryptocurrency industry. In addition, ICE recently partnered with OKX to launch oil-related perpetual contracts and is working with institutions to build a blockchain securities trading system, fully laying out a 7×24 hour on-chain trading business.

According to Axios, American Republicans are increasingly dissatisfied with the flow of political donations in the cryptocurrency industry, demanding that the pro-crypto super PAC Fairshake, which holds about $165 million in funds, clarify its stance and focus on supporting Republican candidates in the 2026 midterm elections.Republicans pointed out that, against the backdrop of significant progress in promoting pro-crypto legislation such as the CLARITY Act, Fairshake has yet to announce specific election investment plans, which is disappointing. The points of contention include:Ohio Democratic Senate candidate Sherrod Brown: Fairshake spent over $40 million in 2024 to defeat incumbent Senator Brown, but Brown's attitude towards the cryptocurrency industry has noticeably softened in recent years.New Hampshire Congressman Chris Pappas: His Stand With Crypto rating rose from "F" to "A" within 8 months, and Republicans initially expected Fairshake to focus on his campaign.In response, Fairshake supporters stated that it is still too early to speak out and emphasized that the PAC is bipartisan in nature, aiming to "reward supporters and punish critics," rather than unconditionally supporting a particular party. Some pro-crypto Republicans (such as the Winklevoss brothers) have established separate independent groups specifically to support Republican candidates.

In response to the U.S. accusations of China "stealing" intellectual property from American artificial intelligence laboratories, Foreign Ministry spokesperson Guo Jiaqun stated during a regular press conference on the 24th that the U.S. claims are unfounded and are a smear against China's achievements in the development of the artificial intelligence industry. China firmly opposes this. We urge the U.S. to respect the facts, abandon prejudice, stop suppressing technology related to China, and do more to promote technological exchange and cooperation between the two countries.

According to Tesla's official financial report, Tesla's total revenue in the first quarter of 2026 reached $22.4 billion, a year-on-year increase of 16%; GAAP operating profit was $941 million, a year-on-year increase of 136%; non-GAAP net profit was $1.453 billion, a year-on-year increase of 56%; operating cash flow was $3.9 billion, free cash flow was $1.444 billion, and the cash and short-term investments balance at the end of the quarter reached $44.7 billion.In terms of digital assets, the company did not disclose any Bitcoin trading operations, and the book value of digital assets decreased from approximately $1.008 billion at the end of the previous quarter to $786 million, mainly due to fair value adjustments resulting from the decline in Bitcoin prices.

SBF wrote to New York Judge Lewis Kaplan, announcing the temporary withdrawal of the Rule 33 motion for a retrial. SBF stated that he needed to focus on answering the judge's question about whether his lawyers were involved in drafting the motion, and he believed he could not receive a fair hearing before that judge, so he decided to withdraw the motion. He plans to reserve the right to resubmit the motion after a ruling on the direct appeal and the related request for reassignment of the judge.Previously, SBF was sentenced to 25 years in prison for defrauding clients and investors. In his letter, he confirmed that the motion was primarily completed through his independent legal research and drafting while in Brooklyn prison, with his parents only providing editorial suggestions and assistance with printing.

According to CCTV News, Foreign Ministry spokesperson Lin Jian hosted a regular press conference. A reporter asked: Previously, some media reported that Trump said he would postpone his visit to China if China did not assist with the escort issue in the Strait of Hormuz. What is China's response? Lin Jian stated that we have noted that the U.S. side has publicly clarified the media's false reports, stating that the relevant reports are completely incorrect, and emphasized that the visit is unrelated to the navigation issue in the Strait of Hormuz.

CryptoQuant analyst Axel Adler Jr stated on social media that the current price of Bitcoin has risen above its fair value, and the market structure has significantly changed compared to two weeks ago.Axel Adler Jr pointed out that two weeks ago, the market was in a bearish dominant phase, with the price of Bitcoin below its fair value, and the model he used was also in a "Bear Regime" state. As of now, this structure has completely reversed—prices have risen above fair value, and the bears' control over the market has come to an end.

According to China News Network, the "3·15" gala reported on the "poisoning" chaos of AI large models. Li Fumin, an expert from the Institute of Intelligent Social Governance at Shandong University of Finance and Economics, stated that the behavior of businesses conducting targeted training on large models through services like GEO to guide AI in generating specific product or service recommendations is essentially a new form of unfair competition and consumer misleading behavior that uses technical means for covert marketing and fabricating facts. This leads consumers to receive implanted marketing content without their knowledge, and its harmfulness and illegality need to be taken seriously.On one hand, the above behavior infringes upon the consumers' right to know and the right to fair trade as stipulated by the Consumer Rights Protection Law. On the other hand, it constitutes false or misleading commercial promotion using technical means, disrupting the normal order of recommendation algorithms and the market competition environment, thereby forming unfair competition.The governance of the above AI poisoning behavior requires a multi-faceted approach. Regulatory authorities should include AI-induced marketing in key monitoring and strengthen law enforcement supervision; AI operators should enhance the review of source materials and output filtering, and establish traceability mechanisms; consumers should improve their awareness of the commercial nature of AI-generated information and actively protect their rights through complaints and reports.

The spokesperson of the Chinese Ministry of Foreign Affairs, Hua Chunying, hosted a regular press conference. The new round of China-U.S. economic and trade consultations will be held this weekend in Paris. A reporter asked what topics will be discussed and what expectations does the Chinese side have for this consultation?In response, Hua Chunying stated: "The Chinese side has already released information about the sixth round of China-U.S. economic and trade consultations, which you can refer to. For specific issues, it is recommended to inquire with the relevant Chinese authorities."

Cryptocurrency journalist Eleanor Terrett posted on the X platform that the SEC has submitted an explanatory document to the Office of Information and Regulatory Affairs (OIRA), outlining how federal securities laws apply to certain crypto assets and related transactions.This explanatory document is issued at the committee level rather than the staff level, indicating that the committee believes it is of significant importance to the market. The document is independent of the crypto asset issuance rulemaking proposal currently under review by the SEC. After OIRA completes its interagency review, the three commissioners will vote on the document. An SEC spokesperson stated that the committee will consider developing interpretive guidance around the classification of crypto asset tokens to align with market structure legislation, ensuring that investors and innovators clearly understand their regulatory obligations.

According to Jinshi citing Xinhua News Agency, the United States and Israel have launched military actions against Iran, and the Iranian military has struck U.S. military bases in the Middle East. Some neighboring countries of Iran have closed their airspace, and international flights have been suspended. Chinese citizens have already been injured in the attacks, and some temporary travelers are stranded locally.The Chinese Ministry of Foreign Affairs reminds Chinese citizens to closely monitor the situation and to refrain from traveling to countries and regions around Iran that are affected by military strikes. Chinese citizens already in the aforementioned countries and regions should further enhance their security precautions and avoid sensitive areas such as military facilities and protests.

According to two people familiar with the matter, the Federal Reserve is expected to appoint Randall Guynn as the new Director of Regulatory Affairs. This veteran Wall Street figure, who has deep ties to the banking industry, will oversee industry regulation. Guynn was a partner at Davis Polk & Wardwell and has represented several large U.S. banks. He will succeed Michael Gibson, who announced his retirement last July after more than thirty years at the Federal Reserve. Since May 2025, Guynn has served as an advisor to Federal Reserve Governor and Vice Chair for Supervision, Michelle Bowman.According to sources, Guynn's appointment plan still requires a vote by the Federal Reserve's seven-member Board of Governors. The specific timing of this closed-door vote has not yet been determined. After taking office, he will continue to report to Bowman. Choosing Guynn as the Director of Regulatory Affairs will mark a significant shift in the Federal Reserve's personnel arrangements, as this position has been held by long-serving internal staff since at least 1977.

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.

According to Yonhap News Agency, the Korea Fair Trade Commission (FTC) has launched an investigation into the virtual asset exchange Bithumb for allegedly exaggerating its promotions. The FTC has dispatched investigators to Bithumb's headquarters in Gangnam to obtain relevant data.It is reported that the FTC is investigating whether Bithumb's claim in a press release last year that it has "the highest liquidity among domestic virtual asset exchanges" is true. Currently, Upbit ranks first in market share. The FTC is also investigating allegations that Bithumb altered payment terms during a promotional event held at the end of last year. This promotional event aimed to provide subsidies to new users connecting to its API (Application Programming Interface).

The crypto venture capital firm Multicoin Capital announced that co-founder and managing partner Kyle Samani will gradually step back from the company's daily operations.Co-founder Tushar Jain stated that Samani's interests have expanded from the crypto space to cutting-edge areas such as artificial intelligence, longevity technology, and robotics, prompting him to dedicate more time to exploring these emerging technologies. Kyle Samani gained significant attention for his early bet on Solana and has been an important voice in the industry for years, actively promoting multiple tracks including DePIN, and co-founding the digital asset vault company Forward, which focuses on SOL as its core asset. He has also proposed core concepts related to Solana's performance, such as IBRL (Increase Bandwidth, Reduce Latency).Samani stated that leaving Multicoin is a "bittersweet" decision, but he will continue to invest in the crypto industry as an individual and remain a voice for the Solana ecosystem.

According to market news, the cryptocurrency political action committee Fairshake, supported by Coinbase, a16z, and Ripple, announced that it has reserved over $193 million in funding for the midterm elections in November 2026.The funding includes a $25 million donation from Coinbase in 2025, as well as recent donations of $25 million and $24 million from Ripple and a16z, respectively. Fairshake stated that as the midterm elections approach, it will continue to oppose politicians with anti-crypto policies and support leaders who advocate for the crypto industry. The organization played a key role during last year's election season, investing tens of millions of dollars to support pro-crypto candidates.

According to a report by Jiemian News, the Cambodian Ministry of Foreign Affairs issued a statement regarding the repatriation of Chen Zhi to China, stating that the decision was made in accordance with Cambodian law and complies with relevant judicial assistance and legal cooperation procedures. Regarding the revocation of Chen Zhi's Cambodian nationality, the Cambodian Ministry of Foreign Affairs stated that the decision strictly follows the provisions of the law. If a naturalized citizen is found to have obtained Cambodian nationality through forged documents or by providing false information during the application process, the government has the right to revoke their nationality in accordance with the law.The statement emphasized that such actions demonstrate Cambodia's ongoing commitment to strengthening international cooperation to maintain peace, stability, and socio-economic development, and effectively combat transnational crime activities.