According to crypto journalist Eleanor Terrett, with David Sacks' term as a special advisor to the government ending, it remains unclear whether the United States will appoint a new head of cryptocurrency affairs. Terrett points out that policies such as the CLARITY Act and the Strategic Bitcoin Reserve are still under development, and it is also unclear whether Sacks will continue to be involved in related matters as co-chair of the President's Council of Advisors on Science and Technology.

According to an article published on the X platform by analyst Peter Brandt of Odaily Planet Daily, Bitcoin's current price action may be forming an ascending wedge pattern, potentially signaling a sell opportunity.

According to Odaily Planet Daily, Strategy founder Michael Saylor stated that approximately 80% of the company's perpetual preferred stock, STRC, is held by retail investors. The product pays dividends monthly and currently offers an annualized return of approximately 11.5%. Saylor explained that STRC is designed as a low-volatility yield instrument trading around a face value of $100 and its dividend yield can be adjusted based on market conditions. Strategy has already raised nearly $3 billion this year through this product for Bitcoin allocation and plans to raise a total of $42 billion through related financing arrangements, with $21 billion allocated to STRC. Benchmark analysts point out that as demand for STRC grows, Strategy's Bitcoin allocation capabilities are likely to continue to strengthen. (Bloomberg)

According to data from SoSoValue, renewed stalemate in negotiations reignited market panic, leading to a general pullback in the crypto sector. The AI sector performed poorly, falling 7.96% in the past 24 hours. Among them, Siren (SIREN), which had previously seen consecutive gains, fell 29.88%, while Worldcoin (WLD) and Kite (KITE) fell 8.81% and 16.60% respectively. Meanwhile, Bitcoin (BTC) fell 3.17%, dropping below $69,000; Ethereum (ETH) fell 4.21%, dropping below $2,100. In other sectors, the CeFi sector fell 2.20% in the last 24 hours, but Aster (ASTER) rose 1.35%; the PayFi sector fell 2.88%, and XRP (XRP) fell 3.16%; the Layer 1 sector fell 3.26%, with Canton Network (CC) rising 2.53% intraday; the DeFi sector fell 3.77%, with Onyxcoin (XCN) relatively resilient, rising 5.34%; the Layer 2 sector fell 4.04%, with OpenLedger (OPEN) bucking the trend and rising 8%; the Meme sector fell 5.14%, with BUILDon (B) rising 2.14% intraday. Crypto sector indices reflecting historical sector performance show that the ssiSocialFi, ssiAI, and ssiMeme indices fell 5.25%, 5.11%, and 4.17%, respectively.

According to Odaily Planet Daily, Federal Reserve legal official Brett Guynn stated that there are currently no ongoing plans to develop a central bank digital currency (CBDC). (CoinDesk)