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According to FinanceFeeds, digital asset investment firm NYDIG has warned that if the U.S. Market Structure Bill does not make substantial progress in Congress before the August recess, the likelihood of its passage may significantly decrease.NYDIG stated that the current bipartisan political consensus around the cryptocurrency regulatory framework may only be a "brief window." If the bill fails to advance in the coming months, after Congress reconvenes, lawmakers' attention may shift to the midterm elections, fiscal budgets, and partisan political issues, causing the priority of cryptocurrency legislation to decline significantly.The report noted that the bill is seen as one of the most important attempts at cryptocurrency regulation in the U.S. to date, with core content including clarifying the classification of digital assets, delineating the regulatory boundaries between the SEC and CFTC, and establishing unified operational standards for exchanges and cryptocurrency businesses. However, key issues such as stablecoin regulation, DeFi regulation, consumer protection, and conflicts of political interest still have significant disagreements, leading to slow negotiation progress.NYDIG pointed out that long-term regulatory uncertainty is driving capital, talent, and innovation toward regions with clearer regulations, such as the UAE, Singapore, and the EU. The cryptocurrency industry is concerned that if this legislative window is missed again, the U.S. may repeat the regulatory stalemate of the past few years.

Greg Cipolaro, research director at financial services firm NYDIG, stated that the most realistic window for the U.S. Senate's cryptocurrency market structure bill to pass is from June to early August. If it cannot be advanced during this period, it may face uncertainty for an even longer time after the midterm elections.Previously, White House cryptocurrency advisor Patrick Witt suggested July 4 as an ideal legislative timeline, but NYDIG believes this target is more of an "optimistic expectation," as it needs to go through multiple hurdles such as committee review, full Senate voting, and House processes. The bill aims to clarify the regulatory framework for cryptocurrency assets in the U.S. and is seen as one of the most critical pieces of legislation this year, but has been delayed multiple times due to disagreements over stablecoin regulation, ethical provisions, and DeFi rules.The Senate Banking Committee has advanced the relevant draft to a full Senate vote, but it still requires at least 60 votes to pass. Analysts point out that if the bill does not pass before the election cycle, changes in Senate control between Republicans and Democrats may further reduce legislative certainty, keeping the industry in a "regulatory gray area." However, once the bill is finally passed and signed into law, it will bring regulatory clarity to the market, especially as Bitcoin is expected to be clearly classified as a commodity, thereby reducing uncertainty for institutional entry.

Tom Lee, the chairman of BitMine, the largest treasury in Ethereum, stated that if anyone wants to know why Ethereum has been under selling pressure recently: for me, the rise in oil prices is the biggest headwind, and the inverse correlation between ETH and oil is at a historical high.Over the past 6 weeks, while oil prices have continued to rise, the price of ETH has been falling. In the chart, oil prices are displayed inverted (the higher the oil price, the greater the pressure on ETH). Therefore, when oil prices begin to reverse and fall, the price of ETH is expected to rebound accordingly.This is just short-term tactical noise. The real long-term drivers for ETH are asset tokenization and Agentic AI. These structural positives are already in place, so we expect ETH to perform stronger in 2026.

According to Jinshi reports, this week, significant signs of peace have emerged in the US-Iran conflict and the Russia-Ukraine conflict, greatly easing geopolitical risks. Next week, it is worth paying close attention to whether these two geopolitical conflicts can further cool down. In addition, next week's macro events will focus on the US April CPI data, as detailed below:Tuesday 15:15, FOMC permanent voting member and New York Fed President Williams will participate in a panel discussion on monetary policy;Tuesday 20:15, US ADP employment change for the week ending April 25;Tuesday 20:30, US April CPI data;Wednesday 04:30, US API crude oil inventories for the week ending May 8;Wednesday 20:30, US April PPI year-on-year and month-on-month;Friday 05:30, Fed Governor Barr will deliver a speech;Friday 21:15, US April industrial production month-on-month.Finally, next week the Federal Reserve will undergo significant personnel changes. Nominee Chairman Kevin Warsh is expected to be confirmed by the Senate on Monday and will officially take over from Powell on May 15.In terms of US stocks, as of this Friday, a new round of surges has pushed the S&P 500 index up 8% cumulatively in 2026, continuing to rise on the basis of achieving double-digit returns for three consecutive years. The tech-heavy Nasdaq Composite Index has risen nearly 13% year-to-date, with both major indices reaching all-time highs. Although the first quarter earnings season is nearing its end, corporate reports will still be a key driver of stock prices in the coming days.AI

Zhao Changpeng (CZ) posted on the X platform, "The industry's winter is actually more suitable for doing solid work. Those who remain are all holding a long-term perspective and will not be swayed by short-term market fluctuations."

Web3 asset data platform RootData released the progress data for the 2026 Q2 TGE. From the time distribution perspective, the crypto market is entering a concentrated release period for Q2 TGE, with market risk appetite and liquidity activity rebounding in sync. Among them, MegaETH has become the core anchor point of this window period. This project focuses on "ultra-high performance real-time execution" of EVM L2. After completing a $30 million financing, it officially TGE'd on April 30 and simultaneously launched on major exchanges such as Coinbase, Upbit, and Bithumb. According to the "Upcoming Issuance" section data from RootData's market, TGE is showing characteristics of a "short-term concentrated explosion": on April 29, Gensyn completed its TGE, on the 30th, MegaETH and Real Finance TGE'd simultaneously, and on May 1, Kuvi followed closely with its launch. Avant is expected to push forward its TGE in the latter part of Q2. At the same time, Polymarket data also provided forward-looking signals: before June, it may enter a peak issuance interval. Dreamcash (64%), Arc (46%), and Oro (40%) are in the first tier and may form the core of the next liquidity competition. Overall, this round of Q2 TGE is not a confirmation signal for the market but rather the starting point for liquidity redistribution. The subsequent market strength will depend on the absorption capacity of the new supply and the degree of support from the project's fundamentals for valuation.

10x Research released a market analysis on platform X indicating that Bitcoin is brewing an important market breakthrough. Its internal trend model has already captured this turning signal in advance, and current market sentiment, positions, and capital flow data are validating the changes in market structure.Although the market is generally focused on the potential threat of quantum computing to the security of crypto assets, this risk is expected to manifest only between 2030 and 2035. Currently, the technical aspect has shifted to a constructive range, with multiple Bitcoin trading signals simultaneously presenting high-probability opportunities, indicating that short-term upward momentum is accumulating. However, 10x Research believes the more critical question is whether this market will evolve into a new bull market and challenge historical highs.

U.S. Senator Cynthia Lummis stated that the United States should not continue to delay the legislative process of the CLARITY Act, or it may take nearly four years to push for improvements in the regulatory framework for the cryptocurrency industry again.She posted on social media platform X, saying, "This is our last chance to pass the CLARITY Act before at least 2030," and emphasized that "we cannot let the future of American finance be put at risk." The bill aims to provide a clearer regulatory structure for the cryptocurrency industry, clarifying the responsibilities of regulatory agencies to promote industry innovation and market development. With the U.S. midterm elections approaching, there are concerns that congressional priorities may shift, slowing down the legislative process.Former White House AI and cryptocurrency affairs head David Sacks also expressed support for advancing the bill as soon as possible, stating, "Now is the time for action," and anticipated that the relevant market structure legislation would ultimately be signed into law by the president. In the industry, several individuals, including Coinbase CEO Brian Armstrong, have recently called for an expedited legislative process, believing that clear rules will promote innovation and increase market participation. On the regulatory side, SEC Chairman Paul Atkins also expressed support for advancing comprehensive market structure legislation to avoid ongoing regulatory uncertainty affecting industry development.

According to CoinDesk, Blockstream CEO Adam Back stated in an interview with Bloomberg that quantum computers do not currently pose a real threat to the Bitcoin network, but the industry should start preparing immediately. He pointed out that current hardware generally lacks error correction capabilities, and quantum risks are a long-term challenge rather than an immediate crisis.Adam Back emphasized that the core issue is not reaching a consensus on when quantum computers will pose a sufficient threat, but rather providing Bitcoin holders with a time window of about ten years to migrate their keys to quantum-resistant formats.He mentioned that there is currently a research team of 20 people continuously working on related tasks, publishing papers, and conducting practical deployments, with Blockstream's Liquid network already in use as an early testing platform.Additionally, post-quantum cryptography has moved from the theoretical stage to the implementation stage, with NIST expected to finalize relevant standards by the end of 2024. The main challenge facing the industry is how to coordinate a smooth migration before the risks become urgent.

Former Google quantum hardware chief and 2025 Nobel Prize in Physics winner John Martinis warned that Bitcoin could become one of the first real targets for quantum computing attacks. He stated that recent research from Google shows that advanced quantum computers could derive Bitcoin private keys in a matter of minutes, significantly lowering the computational security barriers that the network currently relies on.Since Bitcoin relies on elliptic curve cryptography and the network upgrades slowly and is decentralized, this makes the quantum threat harder to address than in traditional financial systems. The public key exposure window when broadcasting Bitcoin transactions could be exploited by quantum computers to intercept funds before the transaction is finally confirmed. John Martinis emphasized that while building such quantum computers remains an extremely challenging engineering task, the community should not be complacent and should plan for quantum-resistant upgrades as soon as possible, anticipating that related threats will gradually emerge within 5 to 10 years.

According to official news, Agora announced that starting from April 3, 2026, it will gradually stop the issuance and support of AUSD on the Injective network. According to the latest adjustments, no new AUSD will be minted on Injective from today, and AUSD held on this network will no longer earn any rewards. However, users can still redeem AUSD at a 1:1 value, and the redemption window will last until September 28, 2026. This adjustment only applies to the Injective network and does not affect the operation of AUSD on other chains.Regarding the redemption process, Agora stated that its clients can complete the operation through their account contacts. Users only need to send AUSD on Injective to the official channel, and the platform will assist in converting it to AUSD on the user-specified chain or exchanging it for US dollars and other supported stablecoins. The official emphasized that September 28, 2026, is the standard redemption deadline, and after that, remaining assets can still be processed, but may require additional KYC verification processes and related fees.Agora pointed out that this decision stems from its regular evaluation mechanism for multi-chain deployment, with key considerations including actual usage, ecosystem health, and infrastructure costs. After a comprehensive assessment, Agora decided to strategically shrink the AUSD business on the Injective network to optimize resource allocation and improve overall operational efficiency.

According to businesswire, Soluna Holdings, a Nasdaq-listed company developing green data centers for intensive computing applications such as Bitcoin mining and artificial intelligence, announced that it has invested $53 million to acquire a wind farm located in West Texas.The completion of this transaction will initiate the development of the Dorothy 3 project to support the construction of a renewable energy-driven AI data center.

According to analyst Alicharts, Bitcoin has dropped 52% since its peak in October 2025, with a 3-day SMA crossover signal appearing on February 27 (the death cross of both the 50-period and 200-period SMA), which has now lasted for 30 days. Historical patterns suggest that the final accumulation window of this cycle may occur within the next 3-6 days.Alicharts points out that historical records show that in every major cycle since 2014, the crossover of the 50 and 200 SMA marks an absolute bottom and a golden buying opportunity. Past cycles indicate that a final drop of 40-52% occurs 23-33 days after the crossover, completing the bear market washout. The potential washout target for this cycle is between $30,000 and $40,000, after which the next bull market will begin.

The Cosmos ecosystem project Neutron announced that NTRN redemption is now live, allowing holders to permanently burn their NTRN in exchange for a proportionate share of the USDC pool.The NTRN deposit window is from April 1 to April 30, with USDC redemption applications opening on May 1 and closing on June 30. The NTRN held by the foundation (estimated at about 32.4 million) will not participate in the redemption and will be burned.Previously, the Cosmos ecosystem project Neutron announced it would transition to a long-term maintenance mode. The DEX and Supervault will be suspended and enter withdrawal-only mode by April 17 at the latest, with Hadron Labs responsible for network maintenance until June 30, 2026, after which a manual withdrawal guide will be released. Governance will transition from a custom system to a standard Cosmos staking model, inflation will be dynamically adjusted, and the validator set will be reduced.