Odaily Planet Daily reports that U.S. Senator Cynthia Lummis stated that the U.S. should not continue to delay the legislative process of the CLARITY Act, otherwise it may take nearly four years to further improve the regulatory framework for the crypto industry. She posted on social media platform X, stating, "This is our last chance to pass the CLARITY Act by at least 2030," and emphasizing that "the future of American finance cannot be jeopardized." The bill aims to provide a clearer regulatory structure for the crypto industry, clarifying the responsibilities of regulatory agencies to promote industry innovation and market development. With the U.S. midterm elections approaching, the market is concerned that Congressional priorities may shift, slowing down the legislative process. Former White House AI and Crypto Affairs Director David Sacks also expressed support for expediting the bill, stating, "Now is the time to act," and predicting that the relevant market structure legislation will eventually be signed into law by the president. On the industry front, several figures, including Coinbase CEO Brian Armstrong, have recently called for accelerating the legislative process, believing that clear rules will promote innovation and increase market participation. On the regulatory front, SEC Chairman Paul Atkins also expressed support for pushing for comprehensive market structure legislation to avoid continued regulatory uncertainty affecting industry development. (Cointelegraph)

According to Odaily Planet Daily, Paolo Ardoino, CEO of stablecoin issuer Tether, stated in an article on the X platform that "artificial intelligence should be as open as freedom." He believes that the centralized development path of artificial intelligence has reached a "dead end." While large technology companies continue to build closed AI systems, Tether is pushing in the opposite direction, exploring solutions for running AI models on local devices through QVAC. This allows users to control their own data and computing power, a model that aligns more closely with the core concept of "self-custody" in the crypto industry, where users should have autonomy over their data and computing resources.

According to Odaily Planet Daily, on-chain analyst Ai Yi reported that the multi-signature address 0x0A1...790d7, which withdrew 31.93 million RAVE tokens from Bitget in the past two days, has seen its asset value surge from $37.54 million to $89.1 million, an increase of $50 million in two days. On April 8, these tokens were only worth $8.52 million.

Odaily Planet Daily reports that the Speaker of the Iranian Parliament stated that the Iranian delegation put forward forward-looking initiatives, but ultimately failed to win the trust of the Iranian delegation in this round of negotiations. The US has understood Iran's logic and principles; now it is time for them to decide whether they can win our trust. He thanked Pakistan for its efforts in advancing the negotiation process. (Jin Shi)

According to macro analyst Jordi Visser, despite widespread market expectations of a bear market for the crypto industry, Bitcoin and Ethereum are less than 10% away from key levels that could trigger a trend reversal. He points out that if Bitcoin breaks through $76,000 and Ethereum rises above $2,400, it could signal the start of a year-long upward trend. Visser believes the probability of a US recession in the short term is low, a judgment consistent with the pricing of the prediction market Kalshi, which currently estimates a recession probability of approximately 24% in 2026. He also notes that with persistently high inflation and a lack of significant growth momentum in traditional markets (such as the S&P 500), funds may continue to flow into asset classes with yield potential. However, market opinions remain divided. Veteran trader Peter Brandt recently stated that Bitcoin's lows for the year may not yet have been reached, and the price may retest or even fall below the $60,000 range. Visser emphasizes that the market should not be simply divided by bull and bear cycles, but rather judged from a longer-term structural and liquidity perspective. (Cointelegraph)