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Bloomberg reporter Emily Nicolle stated that Bitcoin recently rose 23% in a single week, marking the largest weekly increase in over three years and ending a period of stagnation since summer. U.S. Treasury Secretary Janet Yellen proposed expanding the scale of long-term Treasury bond repurchases, prompting market concerns about U.S. debt and dollar depreciation, which drove funds toward alternative assets like Bitcoin. However, after Bitcoin surpassed $80,000, it has stabilized again, and this catalyst alone is insufficient to bring the market back to a true bull market state.Nicolle pointed out that the narrative of Bitcoin as a hedge against the dollar and inflation still lacks sustainability. After Trump reiterated threats of tariffs against China last October, Bitcoin fell over 12% within 24 hours, while gold reached an all-time high during the same period. Since 2026, gold has cumulatively risen over 7%, while Bitcoin, even accounting for the recent rebound, has still fallen nearly 10%. She believes that the simultaneous rise of gold and Bitcoin last week does not prove that both have the same safe-haven properties, as much of the current crypto market rally is driven by short sellers being forced to cover their positions. Strategy Chairman Michael Saylor called on traders to continue buying Bitcoin during the rise, but his company did not increase its holdings accordingly.In addition, the CLARITY cryptocurrency market structure bill remains stalled due to disagreements over ethical provisions, with the Senate expected to reconsider it by mid-September, leaving limited time before the midterm elections in November. Bitcoin has yet to establish a stable and convincing value narrative, and in daily payments, users still prefer to use stablecoins or cash.

According to information released by Watcher.Guru on the X platform, Eric Trump responded to market rumors stating that claims about an upcoming new Trump meme coin are false, emphasizing that it is "absolutely not true."Eric Trump further stated, "No one is launching any type of coin." This statement directly addresses the recent speculation about the launch of new Trump-related tokens.

Ethereum co-founder Vitalik Buterin stated that Signal recently announced it is exploring allowing users to register accounts without a phone number. He welcomed this move, believing it helps reduce reliance on the highly oligopolistic system of phone numbers, lowers the identity security risks associated with SIM card swaps, and makes it more difficult for governments to pressure Signal to ban users based on nationality.Vitalik also pointed out that while this initiative is better for privacy protection than the current situation, it only achieves "confidentiality" and does not reach true anonymity, as metadata such as message sending time, frequency, and recipients could still be used for identity correlation. He believes that with the development of artificial intelligence technology, long-lasting anonymous accounts are becoming outdated, and the only defensible form of privacy is "message-by-message uncorrelatable," meaning that no one other than the sender and receiver knows the identities of the communicating parties. This direction is currently being explored and advanced by new communication tools and mixing network projects such as Session and SimpleX. Additionally, protection against spam and denial-of-service attacks will become the next key issues to address.

According to Bloomberg, Thailand's True Internet Data Center is seeking approximately $2 billion in equivalent loans to build new data center facilities to help Thailand develop into a regional AI and cloud services hub.In terms of financing structure, the loan will be divided into three parts, with about $1.8 billion denominated in US dollars, and the other two parts denominated in Thai baht. Sources familiar with the matter requested anonymity as the details of the transaction have not yet been publicly disclosed.

Dragonfly partner Haseeb responded on Twitter to OpenZeppelin co-founder Manuel Aráoz's previous pessimistic view on DeFi security, stating that with models like GLM 5.2, Fable, and GPT 5.6 now online and actively used by attackers, DeFi has not experienced the anticipated "hacker apocalypse."Chart data shows that based on current year-to-date figures and operating rates, the annualized amount stolen in DeFi by 2026 is approximately $1.89 billion, with a cumulative theft of about $986 million this year, which is lower than the levels of 2025 and still within historical ranges.Haseeb believes that the deeper change currently is that while the number of hacker attacks has increased, the scale of individual attacks has decreased more rapidly, with attackers increasingly targeting smaller protocols and abandoned projects, while larger protocols have completed more security enhancements, thus the overall safety of funds has not significantly worsened.

According to Decrypt, the AI-driven decentralized finance infrastructure project TrueDAO announced the completion of a $10 million strategic financing round, led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital.The funds raised will primarily be used for the development of core AI protocols, the construction of AI risk control systems, security audits, compliance work, and the expansion of ecosystem partnerships. After the financing is completed, TrueDAO will advance the launch of the testnet, developer tools, and ecosystem integration plans.

The U.S. Commodity Futures Trading Commission (CFTC) Market Oversight Division has issued a waiver to designated contract markets (DCM), allowing them to convert existing perpetual digital commodity futures contracts into true digital commodity perpetual futures contracts.According to the waiver, DCM can remove the expiration date of the existing perpetual digital commodity futures contracts and implement relevant modifications to convert them into true digital commodity perpetual futures contracts. The conversion is contingent upon meeting several customer protection and procedural conditions specified in the waiver. These conditions include: soliciting feedback from market participants holding open positions; providing advance notice and an opportunity to close positions; offering appropriate risk disclosures; and ensuring that no other substantive contract terms are modified.

According to The Block, Strike founder and Twenty One Capital CEO Jack Mallers stated that the current price of Bitcoin reflects the true state of the global liquidity crisis. He pointed out that the University of Michigan Consumer Confidence Index is at a historical low, while the S&P 500 is at a historical high, indicating that central bank intervention has distorted the value of the stock market as a signal. Mallers said, "Bitcoin is the closest thing we have to the truth of money."Mallers believes that countries are currently financing wars, AI development, and deficit spending simultaneously, individuals are defaulting on credit cards and rent, and the world is in a cash-raising mode, selling the most liquid assets. "You sell what you can sell, not what you want to sell." Regarding Strategy selling 32 BTC, Mallers stated that this was to make the market accept the reality that its "never sell" stance is no longer feasible. He questioned whether Strategy's perpetual priority tool creates a permanent liquidity obligation, requiring choices to be made among different stakeholders each time liquidity is needed.

a16z crypto pointed out that not all tokenized assets are fully utilized on-chain. Bonds are currently the largest category of tokenized assets, with a market value of $15.2 billion, but only about 5% of the supply is used for DeFi; precious metals are similar, having been tokenized but mostly idle.In contrast, smaller categories perform differently: reinsurance tokens have 84% of their supply deployed in DeFi, while private credit stands at 33%. a16z believes this makes sense, as the categories with the highest DeFi usage were built for DeFi from the start, such as Nexus Mutual and Maple Finance.a16z noted that many practices currently referred to as tokenization are actually closer to digitization, meaning that records are moved onto the blockchain but do not unlock more new features, while one of the core value propositions of on-chain financial systems is composability.

Andre Cronje stated in an interview with Cointelegraph that many DeFi protocols today are "no longer truly DeFi" and are more like "profit-driven companies operated by teams," as they generally rely on upgradable contracts, multi-signatures, off-chain infrastructure, and manual operational control.Cronje pointed out that the current industry is still overly focused on smart contract audits while neglecting operational risks that are closer to traditional finance (TradFi). He believes that recent attack incidents are not due to code vulnerabilities but stem from off-chain infrastructure, permission management, and social engineering attacks.The discussion arises from the recent frequent security incidents in DeFi. In April, protocols such as Flying Tulip, Drift Protocol, and Kelp encountered security events, with Drift and Kelp suffering losses of approximately $280 million and $293 million, respectively.In response, Flying Tulip has introduced a "Withdrawal Circuit Breaker," which can delay or queue withdrawal requests when unusually large withdrawals occur, allowing the team about 6 hours to respond. Cronje emphasized that this mechanism does not permanently freeze withdrawals but serves as a layer of protection within the security system.However, Michael Egorov holds a cautious attitude towards this. He stated that the circuit breaker itself could also become a new point of centralized risk. If control permissions fall into the hands of an attacker, the mechanism originally intended to protect the protocol could instead be used to freeze assets or directly transfer funds.Egorov believes that the long-term direction of DeFi should be to minimize human intervention and centralized permissions as much as possible, rather than adding more layers of manual control. "The security of DeFi comes from decentralization, not more human management."

U.S. Senator Cynthia Lummis stated at the "Bitcoin 2026" conference that she plans to promote the CLARITY Act into the legislative process and push for its final implementation to establish a complete regulatory framework for the U.S. crypto market.Lummis also stated that Bitcoin, with its characteristics of not requiring a trusted third party and having a limited supply, is "truly free money," and believes that the U.S. should become the global hub for this asset.

As market sentiment warms and liquidity returns, AI technology is accelerating its leap from a mere "analytical tool" to a core "trading hub," deeply reconstructing the underlying logic of the financial market's game.At 8 PM on April 28, a cutting-edge roundtable discussion focusing on "AI Trading" will be held in Space. At that time, several industry experts will engage in in-depth discussions from the perspectives of AI infrastructure evolution, trading structure reshaping, and financial paradigm shifts, jointly analyzing whether AI's deep integration into the trading process is becoming the true starting point driving a new cycle of evolution in Web3, guiding participants to accurately capture real Alpha opportunities with long-term value in a market landscape full of uncertainties.Users are encouraged to follow the official accounts @sunpumpmeme and @Agent_SunGenX, retweet the post, and @ three friends. The official account will randomly select 5 lucky users from the participants to receive a reward of 10 USDT each.

Transform Ventures CEO Michael Terpin stated at the Consensus conference in Hong Kong that Bitcoin may need to return to the $50,000 or even $40,000 range to form a true bottom and begin a lasting recovery.Terpin believes that the current crypto market is developing according to historical patterns, and he is skeptical of recent bullish predictions, stating that Bitcoin typically reaches a bull market peak in the fourth quarter after halving, followed by a correction, which is consistent with previous cycles. He pointed out that in past cycles, it often took about a year for the bubble to burst and hit the bottom, and the current market environment is fragile, which may lead to another pain point. Terpin emphasized that Bitcoin's halving mechanism, which reduces miner rewards approximately every four years, creates supply shocks and enhances scarcity, and this design has historically been a key factor in driving bull markets.

Vitalik Buterin posted on the X platform stating that algorithmic stablecoins belong to true DeFi. He believes that if there are high-quality algorithmic stablecoins backed by ETH, even if the majority of liquidity is supported by CDP holders holding negative algorithmic dollars, the ability to transfer counterparty risk to market makers remains an important feature. Even if algorithmic stablecoins are backed by RWA, if they can ensure sufficient collateral in the event of a single RWA failure through over-collateralization and diversified allocation, it is also an effective improvement in risk characteristics for holders.He pointed out that the industry should develop in these directions and gradually move away from using the dollar as a pricing unit, shifting towards a more universal diversified index. Additionally, the current operation of depositing USDC into Aave does not fall under the aforementioned category.