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The article discusses the uncertainty in the global economy under the Federal Reserve's policies, particularly Powell's "hawkish rate cuts" and their impact on the market. It analyzes market distortions driven by liquidity, the capital expenditure risks of the AI investment boom, and the loss of trust caused by policy centralization. Finally, the article provides updates on macroeconomic indicators and market trends. Summary generated by Mars AI. This summary is generated by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative improvement.
Trump's victory led BTC to reach new highs for two consecutive days, with a peak at $76,243.
If the emergence of x402 has demonstrated the substantial demand for AI agent payments, then ERC-8004 represents another fundamental and underlying core element necessary for building this vast machine economy.
In Brief Cathie Wood revises Bitcoin's 2030 target due to rapid stablecoin adoption. Stablecoins serve as digital dollars, impacting Bitcoin's expected role. Trump's crypto-friendly policies encourage Bitcoin's market prominence.
In Brief ASI faces internal conflict amid legal battles impacting future prospects. Surprisingly, lawsuit news boosted FET buying interest and trading volume increased. Potential for renewed interest in AI-themed tokens as investors watch developments.
- 06:17The US Treasury provides tax breaks to private equity, cryptocurrency, and other companies without legislative approval.ChainCatcher News, According to Golden Ten Data citing The New York Times, the U.S. Treasury Department has provided tax breaks to private equity firms, cryptocurrency companies, foreign real estate investors, and other large corporations through proposed regulations. For example, in October this year, the U.S. Internal Revenue Service (IRS) issued new proposed regulations that would offer benefits to foreign investors investing in U.S. real estate. In August this year, the IRS proposed relaxing rules designed to prevent multinational companies from avoiding taxes by claiming duplicate losses in multiple countries. These announcements have not yet made media headlines, but have already drawn attention from accounting and consulting firms. Kyle Pomerleau, Senior Fellow at the American Enterprise Institute, stated: "The U.S. Treasury Department is clearly implementing tax cuts without legislative approval. Congress decides tax law. The Treasury is asserting greater authority over the tax law structure than Congress has granted, undermining this constitutional principle."
- 06:17Peter Schiff: Sell bitcoin quickly while the price is still above $100,000Jinse Finance reported that economist and cryptocurrency critic Peter Schiff called on bitcoin holders to sell as soon as possible on the X platform. "A bitcoin price of $100,000 is a once-in-a-lifetime opportunity that absolutely should not be missed. In fact, such an opportunity may never come again in our lifetime. Therefore, make sure to seize this chance while you still can. If you hold bitcoin, sell it quickly while the price is still above $100,000."
- 05:54Galaxy Digital Head of Research: Early-Year Optimism for Bitcoin Has Faded, Investors Shift Focus to AI and Other SectorsChainCatcher news, according to Cointelegraph, Galaxy Digital Head of Research Alex Thorn stated in an interview with CNBC that at the beginning of the year, optimism about bitcoin was much higher than it is now, but this cryptocurrency may soon regain its momentum. Thorn noted that investors have shifted their focus to fields such as artificial intelligence, nuclear energy, quantum technology, and gold. "There are many other areas to gain returns this year, which has hindered investors' allocation to bitcoin." Although Thorn remains bullish on bitcoin in the long term, he has lowered his year-end price target for bitcoin from $185,000 to $120,000.