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According to The Block, affected by Iran's rejection of the U.S. peace framework and the tense situation in the Strait of Hormuz, Brent crude oil briefly surpassed $104 on Monday, while Bitcoin remained fluctuating above $81,000. Analysts believe that the current crypto market is more driven by geopolitical factors rather than fundamental factors. QCP Capital describes the current market as "standing at a crossroads," viewing $84,000 as the next key resistance level for Bitcoin.Previously, the inflow of ETF funds, expectations of increased holdings by listed companies, and optimistic sentiment around the U.S. Clarity Act stablecoin bill drove BTC up to the $80,000 range, but recently there has been some profit-taking. Laser Digital stated that the market had previously bet that Strategy would make large-scale Bitcoin purchases, but after the expectations fell through, it triggered profit-taking sell-offs. Additionally, some enterprise-level BTC holders have slowed down or paused their accumulation, which has intensified market pressure.Meanwhile, Ethereum became the main target of selling last week. Reports indicate that a whale holding approximately $1 billion in both BTC and ETH has been continuously selling ETH, leading to a noticeable weakening of ETH relative to BTC. Although this address continued to transfer ETH to exchanges over the weekend, it has not triggered further sell-offs.On the macro level, U.S. non-farm payroll data for April was stronger than expected, alleviating short-term stagflation concerns for the Federal Reserve; the market is also focused on the upcoming CPI and PPI data to be released this week, as well as the progress of meetings between Trump and Chinese leaders in Beijing. CoinShares data shows that net inflows into digital asset investment products reached $857.9 million last week, marking the sixth consecutive week of net inflows.

The cryptocurrency asset management company Bitwise stated in its latest blog that as the U.S. CLARITY Act is stalled in Congress, the crypto industry is facing a critical turning point, with short-term trends potentially shifting from a speculative bull market to a more challenging "results-driven" phase.Bitwise Chief Investment Officer Matt Hougan pointed out that the CLARITY Act is crucial for "cementing" the currently relatively friendly crypto regulatory environment into a long-term legal framework. Without clear federal legislation, the crypto industry will remain exposed to the risks of future government policy swings. Recently, market expectations for the passage of the bill have significantly cooled, with related probabilities on Polymarket dropping from about 80% at the beginning of the year to around 50%. Coinbase CEO Brian Armstrong has also publicly stated that he has withdrawn support for the bill due to concerns that the current draft may harm consumer interests and stifle competition.Hougan believes that if legislation continues to stagnate, the crypto industry may need to emulate disruptive companies like Uber and Airbnb, which grew in regulatory gray areas, to make stablecoins and tokenized assets an "indispensable" infrastructure in the U.S. economy within the next three years. If successful, regulation will eventually be forced to follow; if scaling fails, future political changes could severely impact the industry.In terms of market impact, Bitwise sees two potential paths: if the CLARITY Act passes in a viable form, the market may quickly price in expectations for the definitive expansion of blockchain finance, driving prices significantly higher; conversely, if the legislation fails, the market may enter a wait-and-see period, with valuations suppressed by regulatory uncertainty, and returns becoming more reliant on real-world applications.Wall Street firm Benchmark also noted that legislative setbacks will delay rather than end the maturation process of the crypto industry, with the U.S. market potentially remaining below its potential level for some time. Capital is likely to favor Bitcoin-related exposure, robust balance sheets, and cash-flow-generating infrastructure, while remaining cautious in regulatory-sensitive areas such as exchanges, DeFi, and altcoins.

CryptoQuant stated that the Stablecoin Supply Ratio (SSR) has dropped to a historical low area (13), indicating that there is a significant amount of "dry powder" waiting to enter the market. At the same time, Binance's Bitcoin reserves have decreased while stablecoin reserves have increased. This liquidity pattern has only occurred a few times since 2020, and each time it has signaled a strong rebound in Bitcoin prices.Analysts point out that the current market shows signs of seller fatigue, and the risk/reward ratio is highly attractive. However, investors should also closely monitor key support levels, as a breach could trigger a deeper correction.

ChainCatcher news, Bitget Onchain trading has launched the MEME tokens AVO and PASSROO from the Solana ecosystem. Users can start trading in the on-chain trading section.Bitget Onchain trading aims to seamlessly connect CEX and DEX, providing users with a more convenient, efficient, and secure on-chain trading experience. Users can directly use their Bitget spot account (USDT/USDC) to trade popular on-chain assets. Currently, it supports popular public chains such as Solana (SOL), BNB Smart Chain (BSC), and Base.

ChainCatcher news, Slow Mist's Chief Information Security Officer 23pds stated on the X platform that the component version of the Anime task reward website is too low, and there seems to be an SSRF vulnerability, requesting the official to upgrade it.Previous news, Azuki launched an anime-related website anime.com, where registration allows joining the waiting list to receive limited edition collectibles.