Market Update$BTC $SOL #特朗普支持CFTC管辖预测市场 #

Total cryptocurrency market capitalization decreased by 0.6% to $2.6 trillion. Over the past 24 hours, Bitcoin fell 1.3% to $75,100, and Ethereum dropped 1.0% to $2,060. Performance varied across sectors; the NFT and GameFi sectors gained 2%, while SocialFi, RWA, and AI sectors led declines, with drops between 3% and 4%.
Spot Bitcoin ETF continues to outflow amid market maturity signals
The US spot Bitcoin ETF has experienced net outflows for the seventh consecutive day, with a total withdrawal of $1.88 billion during this period. Tuesday saw a net outflow of $333.7 million, including BlackRock’s IBIT withdrawal of $192.4 million. This trend indicates institutions are de-risking and taking profits, as allocators use highly liquid ETF products for tactical portfolio adjustments and hedge against macro uncertainties. However, a $1.3 billion IBIT block trade executed on the same day did not cause significant price dislocation. The market’s ability to absorb such large single orders strongly suggests Bitcoin’s newly acquired institutional liquidity and structural depth, even if short-term capital flows are negative, marking the asset class’s maturity.
SoFi integrates bank-issued stablecoin into retail banking app
US national bank SoFi Technologies has directly launched its SoFiUSD stablecoin within its main banking app for 14.7 million members. This marks the first time a bank-issued stablecoin has been embedded into a retail banking interface, allowing users to buy, sell, and hold digital assets alongside traditional savings and investment products. This move represents a significant milestone in bridging traditional finance and blockchain technology, creating a regulated and low-friction entry point for mainstream stablecoin adoption. For the market, this integration legitimizes stablecoins as a payment and settlement tool and sets an important precedent, potentially compelling competing banks and fintech firms to develop their own digital asset strategies.
Mastercard obtains New York BitLicense for strategic crypto expansion
Global payments giant Mastercard has obtained a Virtual Currency Business Activity License (BitLicense) from the New York Department of Financial Services. Achieving this license—known for its strict requirements—is a significant regulatory milestone, demonstrating Mastercard’s deep strategic commitment to integrating digital assets. The approval is not for a small pilot but part of a broader strategy to build a regulated infrastructure for stablecoins and tokenized deposits for payments and settlements. For investors, Mastercard’s move provides strong validation of the long-term viability of the digital asset ecosystem, showing that major traditional financial players are prepared to handle complex compliance to build on-chain financial products, thereby reducing industry risk.
Coinbase partners with Standard Chartered to provide institutional currency channels
Coinbase has partnered with Standard Chartered to offer multi-currency financing options, including AUD, SGD, CAD, and CHF, to institutional clients, enhancing capital efficiency in global trading operations.
China’s Supreme Court to develop judicial rules for cryptocurrency cases
The Supreme People’s Court of China announced it will study and formulate rulings related to disputes involving virtual currencies, marking an effort to establish a formal legal framework for civil cases despite China’s ban on cryptocurrency trading.
Cash App enables multi-chain USDC transfers for 59 million users
Block Inc.’s Cash App now allows its users to send and receive USDC stablecoins across Solana, Ethereum, Polygon, and Arbitrum blockchains, integrating key digital assets into its historically Bitcoin-centric platform.
Pro-cryptocurrency candidate defeats incumbent in Texas primary, gains PAC support
With millions of dollars from the Fairshake Crypto Super PAC, pro-crypto candidate Christian Menefee defeated incumbent Democrat Al Green in Texas’s Democratic primary, indicating the industry’s growing political influence.
OpenZeppelin founder warns that all DeFi is unsafe
Leading security firm OpenZeppelin’s co-founder Manuel Aráoz publicly stated that he now believes “all DeFi” is unsafe, advising even low-risk positions be exited, as attackers always have an advantage over defenders in smart contract security.