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As the Crypto Assets market continues to heat up, several important events and data have drawn widespread follow from the industry.
Bitcoin has once again demonstrated its strong power, with a market capitalization surpassing that of Alphabet Inc., ranking among the top five assets globally. This milestone breakthrough further highlights Bitcoin's status as digital gold.
At the same time, financial products related to Crypto Assets are continuously innovating. It is reported that the Canary TRUMP ETF has completed registration in Delaware, providing new options for investors. On the other hand, industry news reveals that the well-known wallet service provider MetaMask may announce its stablecoin mUSD plan as early as this week, which will bring new vitality to the decentralized financial ecosystem.
On the policy level, Trump stated that he would appoint a new Federal Reserve Chairman as soon as possible, and the number of candidates has now narrowed down to three or four. This decision could have significant implications for future monetary policy.
The investment community also maintains a high level of follow on Crypto Assets. Renowned analyst Tom Lee believes that Ethereum will become the most macro-influential investment opportunity in the next 10-15 years. Meanwhile, the Google search volume for "altcoins" has reached its highest level since 2021, reflecting investors' strong interest in diversifying their Crypto Assets.
The business sector is also actively laying out plans in the encryption field. Blueport Interactive announced its holdings in Crypto Assets and plans to raise $100 million for investment in Crypto Assets. Several funds under Ark Invest have also made significant purchases of BLSH stock worth $172 million.
However, there are also some uncertainties in the market. One of Compound's early investors, Bain Capital, has transferred a large amount of COMP tokens to its institutional business platform, which may suggest a large-scale sell-off is imminent.
Overall, the crypto market is in a critical period full of opportunities and challenges, and the movements of various participants are worth following.