特朗普签署法案，废除有争议的美国国税局 DeFi 经纪人规则

Bitcoin’s solid April performance has caught attention, with Galaxy Digital saying investors are starting to rethink its role in portfolios. As markets struggled to find direction in April amid fresh tariffs and growing policy concerns, Bitcoin (BTC) quietly climbed 11%, doing better than gold, tech stocks, and even the U.S. dollar, raising new questions about its role in today’s market, analysts at Galaxy Digital wrote in a recent research report. Galaxy Digital said this may be a sign that investors are beginning to treat Bitcoin “less as a speculative vehicle and more as a strategic, long-duration allocation.” “The shift is particularly evident when looking at fund flows. U.S.-listed spot Bitcoin ETFs saw $2.9 billion of net inflows in April, a sharp reversal from about $4.4 billion in outflows across February and March.” Galaxy Digital In early April, U.S. President Donald Trump announced the so-called “Liberation Day” tariffs, triggering market volatility. While the Nasdaq stayed flat and the Bloomberg Dollar Index fell nearly 4%, gold jumped 5.75% before pulling back. But Bitcoin led the pack with double-digit gains and showed lower volatility than the S&P 500 and Nasdaq 100. You might also like:Bitcoin price poised for breakout with $127k target if $106k cracks soon Ian Kolman, director & co-portfolio manager at Galaxy Digital says Bitcoin’s supply and demand dynamics are “solidifying its place as a mature digital store of value.” The New York-headquartered firm noted that Bitcoin’s 30-day correlations with the S&P 500 and Nasdaq remain elevated, but its beta has declined, suggesting that while it still moves somewhat with equities, its sensitivity to market stress is fading. Galaxy Digital suggests these trends reflect “broader recalibration” by investors who are now hedging against “systemic concerns — ranging from political interference in the Federal Reserve to the long-term sustainability of U.S. fiscal policy.” As of press time, Bitcoin is trading at $102,795, up 9.17% over the past week, per crypto.news’ price tracking page. Read more:Whale accumulation suggests Bitcoin could be eyeing $110K even as retail capitulates: Santiment

2025年2月18日，在香港比特币科技嘉年华期间，谷歌web3专家Kyle Song透露，谷歌正在致力于简化谷歌用户使用比特币的流程。 据宋介绍，谷歌正在“探索降低进入门槛的方法，以便 Web2 用户可以轻松使用比特币”。宋表示，自比特币 ETF 获得美国证券交易委员会批准以来，该公司一直致力于将比特币整合到其生态系统中约一年。 目录宋先生透露的细节这是一个重大新闻吗？比特币 ETF 的作用 宋先生透露的细节 从宋所说来看，谷歌正在准备一个非常简单的使用中解决方案，将加密货币无缝集成到全球数十亿人使用的谷歌生态系统中。 他说，比特币钱包将嵌入到 web2 界面中，这样用户就可以使用谷歌账户登录他们的 BTC 钱包。至于加密支付，谷歌的目标是让它们像现有的 web2 支付解决方案一样简单直观。 Google 团队的另一个重点是确保其解决方案的安全性。他们努力“解决链上和链下系统之间的信任问题”。为了保持稳定、无需信任的运行，Google 将部署零知识证明或类似的加密技术。 这是一个重大新闻吗？ 尽管宋的演讲并不是正式的声明，而只是个预告，但如果项目本身进展顺利，将可以推动比特币的普及，这是前所未有的。谷歌拥有数十亿用户，其中许多人都有谷歌账户。如果有一天，所有这些人都发现他们的谷歌账户中有一个无缝服务，可以让他们购买、兑换或消费比特币，人们对比特币和加密货币的看法可能会发生巨大变化。 如果比特币功能与 Google Pay 集成，加密货币可能会出现巨大的流通热潮。随着人们发现他们有一种简单而安全的方式合法使用加密货币，他们可能会开始探索与这种新资产类别相关的新机会。 然而，重要的是要记住，顶级公司制定的雄心勃勃的计划有时会失败，现在判断我们是否会看到谷歌和比特币之间的合作实现还为时过早。 2020 年，两大科技巨头 Facebook 和 Telegram 不得不撤回将加密货币集成到其服务中的计划，当时这些项目似乎即将起飞。 两家公司都幸存下来并继续前进。最终，Telegram 开始以小程序和机器人的形式支持第三方加密钱包。集成到即时通讯中的钱包获得了巨大的关注，然而，这项服务有其局限性和担忧，而且缺乏 Telegram 本身的认真推广。 谷歌能否成功成为第一家无缝实施加密技术的知名公司？可能性更高，因为 2025 年与 2020 年截然不同，而 2020 年正是 Facebook 和 Telegram 即将推出雄心勃勃项目的一年。 Facebook Libra 和 Telegram Gram 代币项目未能实现，部分原因是它们计划于 2020 年推出，当时的政治和立法环境对加密货币比现在更加不友好。更重要的是，当时还没有加密货币 ETF，这使得将加密货币引入 web2 服务变得更加困难。 Gemini Exchange 联合创始人卡梅隆·文克莱沃斯 (Cameron Winklevoss) 表示，Facebook Libra 被杀是出于政治动机。拜登时代以“扼杀点 2.0 行动”为标志，该行动拒绝向从事加密货币业务的多家公司提供银行服务，而 Facebook Libra 的关闭为拜登领导下的接下来几年以及 Gensler 领导的 SEC 奠定了基调。 你可能还喜欢：加里·詹斯勒的政治遗嘱。解读 SEC 主席的离职面谈 如果谷歌成功了，加密货币的采用可能会开启新的篇章。讽刺的是，正是 Gensler 在批准比特币 ETF 时才使这一切成为可能。 比特币 ETF 的作用 比特币 ETF 的批准被广泛视为连接加密货币市场和传统投资者的桥梁。比特币 ETF 符合明确的法律框架，同时允许其持有者从比特币市场价值中受益。ETF 帮助大公司进入加密货币领域，而无需处理监管不确定性。 The fact that BlackRock’s Bitcoin ETF IBIT became the fastest-growing asset in history proves that it’s approval was a transformational move.  You might also like:BlackRock’s $26b Bitcoin ETF crowned fastest growing fund

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s 2025, and nearly half of the world still doesn’t have adequate extreme weather alert systems. Seriously, some parts of the world are pretty much completely left in the dark—that’s according to the World Meteorological Organization. Such statistics should worry everyone. As storms grow more violent and unpredictable (yes, the rise in greenhouse gases has increased the frequency and intensity of extreme weather events), the ability to forecast and act on severe weather isn’t a luxury—it’s a requirement for survival. And it’s not like we don’t have the technology; the tools are there. It’s our systems that fail us, fail the millions of people left behind, and web3 has a chance to make a real impact there. You might also like:Transitioning to a divine economy: A vision for a new civilization | Opinion No data, no defense When we talk about weather data, the consequences of missing or delayed forecasts are very real. In 2024, devastating floods swept through Chad, displacing families, washing away homes, and affecting millions of people. The country’s meteorological systems were not sufficient. At the height of the crisis, nearly 80% of the country’s weather stations were offline.  With so little real-time data to go on, emergency planners and local officials were left guessing. The warnings came too late, which resulted in a catastrophic loss. But this is something that can happen again if nothing is done—WMO data shows that more than 50% of the radar stations that currently operate across Africa are unable to produce accurate enough data to predict weather patterns for the coming days or even hours. This isn’t just unfair, it’s dangerous. The limits of centralized forecasting For many years, weather forecasting services have relied on centralized hardware such as satellites and radar stations. While these systems have saved lives, they’re still very limited by geography, budgets, and other factors. These systems can’t always reach the local level fast enough, especially in emergency situations. In many countries, especially those with stretched resources, large parts of the population are simply beyond the reach of the existing infrastructure.  Current forecasting systems also tend to prioritize countries that already have robust systems.  The rest of the world, where climate often hits the hardest, is asked to adapt without the same level of information or tools. For example, Africa, a continent of 1.5 billion people, has the world’s least developed weather and climate observation network with fewer stations operating to global basic standards than Germany, according to the World Meteorological Organization. So, what can be done to tackle this? Decentralized solutions There’s another way to think about weather infrastructure—decentralized weather networks take a very different approach. Instead of building a few nodes to cover large areas, they deploy thousands of inexpensive sensors at the community level. This approach leverages the decentralized physical infrastructure networks model, which rewards people and communities with tokens for setting up real-world infrastructure. This infrastructure can include sensors gathering data in real time: from temperature and humidity to rainfall and more. That data is shared across a distributed network and used to improve forecasts, identify patterns, and alert people about the emerging risks. The beauty of these systems is that they don’t need to replace anything. They complement the existing methods. They fill in the gaps and help to strengthen the overall forecast. They can also operate independently when larger systems fail and give communities the tools they need to generate their own data—and act on it. Time to change the status quo Skeptics will say decentralized systems are too new to be trusted. While there may be some work to be done in decentralized networks becoming more widespread, the answer isn’t to dismiss the model. It’s to invest in it. To make it part of the solution. Dismissing the whole idea is short-sighted. Climate adaptation is a global challenge, and if the current systems don’t reach the people who need them the most, then it’s time to build systems that do. The alternative—sticking with what we have—isn’t working. Centralized systems are already struggling to keep up, especially in the places that need them the most. In many parts of the world, weather stations are broken, and the data simply doesn’t come in fast enough. Meanwhile, the weather gets more unpredictable by the season. Act now, before the next disaster The tools already exist; what’s missing is the mindset shift. We need to recognize that centralized systems can’t do this alone, and that communities deserve better. People and rural communities can and should be part of the solution. We can’t wait for the next devastating flood, historic cyclone, or life-changing drought to remind us that something is broken. The early warnings are already here. We need to act on them now. Read more:Streamlining sustainability with decentralized data | Opinion Ting Peng Ting Pengis the head of ecosystems at SkyX, a blockchain-powered weather network. Ting is a blockchain communications specialist with over seven years of experience in the industry. At SkyX Network, she leverages her expertise to articulate how decentralized infrastructure can solve real-world problems like inadequate weather monitoring systems. With a Master’s in Corporate Communication and deep knowledge of blockchain technology, Ting offers valuable insights on how decentralized networks can address critical global challenges where traditional systems fall short.

Binance Research tackles DeFAI, AI agents that autonomously interact with DeFi protocols. AI is slowly taking over the DeFi space. On Wednesday, May 14, Binance Research released a report on the future of AI agents in DeFi. The report specifically discusses DeFAI, or AI agents that can interact autonomously with DeFi protocols. “DeFi has long served as the most prominent and enduring real-world use case forblockchain technology. It provides a programmable, permissionless financial layer thathas facilitated everything from lending markets to decentralized exchanges,” Binance Research. These agents are able to trade, allocate liquidity, and even participate in DAO votes—all with minimal human oversight. According to Binance Research, this aligns with a major goal of blockchain: facilitating capital markets without intermediaries. “In this context, DeFAI — the application of autonomous AI agents to DeFi systems — represents not just another innovation, but a continuation of crypto’s most credible value proposition: disintermediated financial infrastructure,” Binance Research. DeFAI agents are rapidly gaining traction Agents are now able to automate complex DeFi tasks that previously required manual intervention by traders. This includes managing liquidity, navigating cross-chain bridges, and adopting various trading strategies. They can also help address DAO voter apathy by automatically voting based on a user’s preferences. You might also like:AI agents need better data diets | Opinion Binance Research also highlighted a report projecting that the AI agents market will grow from $7.84 billion in 2025 to $52.62 billion by 2033. This includes not only trading agents but also agents involved in consumer support, analytics, automation, and more. Still, this technology also exposes the blockchain industry to certain risks, particularly in DAO governance. Whales and bad actors could leverage these agents to spam proposals, manipulate quorums, and collude. This has the potential to lead to centralization within DeFi protocols. Read more:AI agents: The key to blockchain’s future or its biggest risk? | Opinion

从网络代币到模因币，a16z crypto 已经制定了一个框架来帮助企业驾驭不断发展的加密格局。 什么是加密货币？根据维基百科的定义，它是一种通过计算机网络运作的数字货币，不依赖任何中央机构（如政府或银行）来维护或维持。 虽然在 2009 年刚开始时只有一种加密货币，称为比特币 (BTC)，但自那时以来情况发生了巨大变化。现在，根据加密货币价格聚合平台的数据，有超过 1200 万种不同的代币。但如何区分它们呢？有 memecoin、实用代币、安全代币等等。难怪加密货币变得如此复杂。 “因此，无论您是要构建基于区块链的项目、投资代币，还是仅仅作为消费者使用代币，了解要寻找什么都至关重要。重要的是不要混淆 memecoin 和网络代币。” a16z 加密 为了帮助理清加密货币问题，a16z crypto 的 Miles Jennings、Scott Duke Kominers 和 Eddy Lazzarin 创建了一个框架，用于理解他们认为企业家最常使用的七类代币。以下是这些类别的细分。 网络代币 网络代币用于维持区块链或智能合约协议的运行。基本上，它们的价值来自网络的运作方式。它们通常有明确的用途，例如帮助网络运营、形成共识、升级协议或奖励网络内的某些行为。 正如 a16z crypto 所解释的那样，这些代币所在的网络通常具有以下特点：“通过创建或销毁代币，程序化回购、分红以及对代币总供应量进行其他更改，以在网络服务中引入通胀和通货紧缩压力。” 网络代币依赖于信任。在这方面，a16z crypto 表示这些代币“与商品和证券都相似”。 “认识到这一点，SEC 的 2019 年框架和 FIT21 都规定，当通过底层网络的去中心化减轻这些信任依赖性时，网络代币将被排除在美国证券法之外。” a16z 加密 这些代币用于启动新网络、分配所有权或控制权以及确保网络安全。最突出的例子是比特币、以太坊 (ETH)、Solana (SOL)、Uniswap (UNI) 和狗狗币 (DOGE)。 安全令牌 While network tokens might seem like securities, security tokens are actually digital versions of traditional securities, like company shares or corporate bonds. They can also have special features, like giving profits interest in an LLC or rights to future settlement payments from lawsuits. While securities give holders specific rights, titles, or interests, and the issuer often controls the asset’s risk, these tokens will still be under U.S. securities laws, as a16z crypto points out. Even though these tokens aren’t as common as network tokens or memecoins, they’ve still been used to raise money for business ventures. For example, Etherfuse Stablebonds and Aspen Coin gave people fractional ownership in the St. Regis Aspen Resort. How to define a token | Source: a16z crypto Company-backed tokens 公司支持的代币与公司或中心化组织运营的链下应用程序、产品或服务挂钩。 与网络代币一样，公司支持的代币可能使用区块链和智能合约（例如，用于促进支付）。然而，它们主要用于链下操作，而不是网络所有权。因此，公司对代币的发行、效用和价值拥有更大的控制权。 虽然这些代币不像传统证券那样提供明确的权利或所有权，但它们仍然具有类似于证券的信任依赖性。 “它们的价值本质上取决于由个人、公司或管理团队控制的系统。” a16z 加密 For this exact reason, company-backed tokens could be subject to U.S. securities laws when they attract investment, the analysts warn. Historically, company-backed tokens have been used to circumvent securities laws in the U.S., acting as proxies for equity or profits interests in companies. 例如，例子包括（FTT），它是臭名昭著的FTX交易所的盈利权益。币安币（BNB）是另一个由公司支持的代币的例子，它在 BNB Chain 推出后转变为网络代币。 你可能还喜欢：“别再假装无辜了”：币安创始人因提及罗纳尔迪尼奥的可疑代币发行而受到猛烈批评 街机代币 Arcade tokens are primarily used within a system and are not meant for investment, a16z crypto explains. These tokens often serve as currencies within virtual economies, like digital gold in a game, loyalty points for a membership program, or credits for digital products. What makes arcade tokens unique is that they are designed to discourage speculation. They may have an uncapped supply — meaning an unlimited number can be minted — and/or limited transferability. As a16z crypto points out, these tokens may even “expire or lose value if unused, or they may only have monetary value and utility within the system in which they are issued.” As a rule, arcade tokens don’t promise financial returns, which makes them relatively safe from U.S. securities laws. 例子包括 Blackbird 餐厅网络的忠诚度代币 FLY 和 Pocketful of Quarters（一种游戏内资产，于 2019 年获得美国证券交易委员会的救济）。 收藏代币 最广为人知的代币类型之一是收藏品。它们可以代表艺术品、音乐作品，甚至是音乐会票根。但对于公众来说，它们通常被称为 NFT，即非同质化代币。虽然 NFT 看起来像是另一个投机泡沫，但这些代币实际上可能在特定情况下具有实用性。 “收藏代币可以作为活动许可证或门票；可以用于视频游戏（就像那把剑）；或者可以提供与知识产权相关的所有权。” a16z 加密 Because collectable tokens generally relate to finished goods and don’t rely on third-party efforts, they are usually excluded from U.S. securities laws, a16z crypto notes. The well-known NFTs are probably Bored Ape Yacht Club and CryptoPunks. Asset-backed tokens 资产支持代币的价值来自对基础资产的索取权。例如商品、法定货币，甚至是加密货币等数字资产。 这些代币可以全部或部分抵押，并且具有多种用途，例如作为价值存储或对冲工具。然而，与从独特商品所有权中获得价值的收藏代币不同，资产支持代币的功能更像是金融工具。根据 a16z crypto 的说法，“然而，对资产支持代币的监管处理取决于其结构和用途。” 例子包括法定支持的稳定币，如 Circle 的 USD Coin (USDC)、流动性提供者代币，如 Compound 的 C 代币，或衍生代币，如 OPYN 的 Squeeth。 模因币 然后，我们来看看 memecoins —— 可能是最知名的币种。它们就像是互联网混乱的顶峰。它们实际上没有做任何有用的事情，而且大多都是关于 meme 或社区炒作。它们的基本原理是什么？忘掉它吧。它们全是关于投机和市场感觉的，这意味着它们非常容易被操纵或被欺骗。 Because of how wild they are, memecoins are “generally excluded from U.S. securities laws,” as a16z crypto says, noting though that they’re still “subject to anti-fraud and market manipulation laws.” What makes them stand out? They’ve got zero purpose or real use, and their prices can swing like crazy, which makes them pretty much a no-go for investment. Some famous ones include Pepe (PEPE), Shiba Inu (SHIB), and the new Official Trump (TRUMP) memecoin linked to U.S. President Donald Trump. Read more:a16z crypto 概述了 2025 年影响加密货币未来的五大趋势