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Since the new system was launched by the Korean National Tax Service in July 2025, 33.9 billion won in unpaid taxes has been recovered through cross-border tax cooperation over the past nine months, accounting for most of the total amount recovered cross-border since 2015.Reports indicate that starting next year, South Korea will receive virtual asset transaction data from 56 countries based on a new cryptocurrency reporting framework, and plans to exchange information on overseas real estate holdings and transactions starting in 2030.

According to CoinDesk, Paul Sztorc, a developer who has long focused on Bitcoin scaling solutions, proposed a Bitcoin hard fork named eCash to be initiated in August 2026 at block height 964,000, distributing eCash to users holding BTC at a 1:1 ratio at the time of the fork, and introducing a Drivechains sidechain architecture in the new chain.The controversy mainly revolves around the plan to pre-allocate a portion of eCash corresponding to Satoshi Nakamoto's address on the new chain to early investors, a move that has drawn criticism from the community, with some individuals claiming it involves "stealing" tokens. Paul Sztorc stated that this move aims to provide incentives for development and collaboration before the project's launch.

Bitcoin developer Paul Sztorc announced the official launch of the Bitcoin hard fork network eCash, allowing BTC holders to exchange BTC for eCash at a 1:1 ratio after the hard fork goes live.It is reported that the Layer1 node software of this network will be an "almost replica" of the Bitcoin Core client, continuing to use the SHA-256 hashing algorithm and lowering the initial mining difficulty to attract more miners to participate. Meanwhile, eCash will also be equipped with seven Layer2 scaling networks called "drivechains" to enhance transaction throughput and support optional on-chain privacy features. Paul Sztorc stated that eCash is different from Bitcoin Cash in 2017, no longer using the "Bitcoin" name, and claims it is a long-term solution to Bitcoin's scalability and privacy issues. However, the proposal to manually reallocate a portion of Satoshi Nakamoto's approximately 1.1 million BTC to early investors has sparked strong controversy in the community, with some Bitcoin supporters criticizing the move as "theft" and a violation of Bitcoin principles.

Meta Pool indicates that a suspicious contract has been found attempting to impersonate a legitimate staking pool and tokens. Meta Pool emphasizes that this contract is not associated with Meta Pool or any official NEAR liquidity staking provider.

Investment bank TD Cowen stated that the disagreements surrounding the CLARITY Act go beyond the issue of stablecoin yields, and multiple real-world obstacles may slow down the legislative process.First, the Commodity Futures Trading Commission is understaffed, with only one commissioner currently in office. In this situation, Congress is unlikely to feel comfortable handing over more cryptocurrency regulatory responsibilities to the agency, and filling the personnel gaps will take months. Second, the issue of prediction markets is heating up. Whether to include it in the bill's regulation, as well as potential insider trading and conflicts of political interest (including controversies related to Trump-related projects), may lead some Democratic lawmakers to oppose the bill.At the same time, the ongoing controversy surrounding the Trump family's cryptocurrency project World Liberty Financial is increasing the political sensitivity of the bill, making bipartisan consensus harder to achieve. Geopolitics has also become a variable. Discussions about Iran potentially using cryptocurrency payments are reinforcing the focus on anti-money laundering provisions and could even introduce amendments detrimental to the industry. Additionally, some lawmakers are attempting to include the Credit Card Competition Act, which, if advanced, could trigger new conflicts of interest and further delay the overall legislation.

According to Cointelegraph, the Polish parliament has not yet passed the domestic bill associated with the EU's Markets in Crypto-Assets Regulation (MiCA), making Poland the last EU member state to complete the relevant legislation.As the MiCA transition period is set to end on July 1, if the bill remains stalled, local crypto businesses may face greater obstacles to compliance in the European market, with some companies considering relocating to countries like Latvia and the Czech Republic. Previously, Polish President Karol Nawrocki vetoed the bill twice, citing the regulatory burden it would impose and the potential impact on small businesses.

DefiLlama founder 0xngmi posted on the X platform stating that the current claims about Aave's TVL being overestimated due to circular borrowing are inaccurate.He explained that in the TVL statistics, borrowed assets are excluded, so circular borrowing does not inflate the total locked value. For example, deposited assets count towards TVL, while the corresponding borrowed portion is offset. He also added that DefiLlama had previously removed duplicate calculations caused by collateral loops related to Ethena, believing that the related doubts are unfounded.

On-chain data analyst Murphy stated that BTC has started to fill the gap, and there is a "cursed" range in BTC's chip structure during this cycle—between $72,000 and $80,000. Whether it is an increase in 2024 or a decrease in 2026, the price has quickly passed through this range, resulting in a lack of chip turnover, which has led to a gap in BTC's chip structure.With the recent price fluctuations, the BTC gap has slowly narrowed to $78,000-$80,000, where nearly 200,000 BTC were exchanged at the $76,000 to $77,000 position from April 17 to 18. The presence of funds supporting this area reflects the gradual recovery of market confidence. After sufficient turnover, the chips are evenly distributed along the price line, which is conducive to accelerating the formation of the bottom structure. Recently, during market fluctuations, the chip accumulation zone between $63,000 and $68,000 was not breached, and the upper gap was successfully filled, which has inadvertently increased the probability of this range becoming a bottom area.

Polish Prime Minister Donald Tusk stated that a cryptocurrency company linked to "Russian gangs and intelligence agencies" is funding political opponents and influencing domestic cryptocurrency regulatory legislation.During a parliamentary vote on Friday, Tusk pointed out that some Polish politicians obstructing cryptocurrency regulatory legislation are serving the interests of a company named Zondacrypto, which is accused of providing "financial support" to political figures and has ties to Russia. Tusk further claimed that the company sponsored the CPAC (Conservative Political Action Conference) event held in Poland last year, during which former U.S. Secretary of Homeland Security Kristi Noem publicly supported President Karol Nawrocki's campaign. Tusk bluntly stated that the company's funding sources involve not only "money related to the Russian mafia (Bratva)" but may also be connected to Russian intelligence agencies.Meanwhile, President Nawrocki won the election in June last year, with support from former U.S. President Donald Trump. The president's office responded that it does not oppose cryptocurrency regulation itself but opposes the "flawed regulatory model" proposed by the government. This controversy arises amid the political tug-of-war in Poland over the cryptocurrency regulatory bill. The bill aims to align with the EU's MiCA (Markets in Crypto-Assets Regulation) framework, but the president previously vetoed the related bill and blocked parliament from overturning the veto in December, hindering the regulatory process.

According to market news, Cypherpunk Jameson Lopp and several experts in the field of Bitcoin quantum security have proposed Bitcoin Improvement Proposal BIP-361, which suggests freezing quantum-vulnerable addresses, including Satoshi Nakamoto's reserves, to prevent future quantum computers from stealing approximately 1.7 million Bitcoins.The proposal is to be implemented in three phases: first, prohibiting transfers to legacy addresses; second, invalidating legacy signatures and freezing untransferred assets after five years; and finally, allowing some users to recover frozen funds through a zero-knowledge proof mechanism. This proposal aims to promote the migration of the entire network to quantum-resistant addresses, but it has faced opposition from some community members who believe it contradicts the decentralized ethos of Bitcoin and has a predatory nature.

The Central Bank of Russia stated that it plans to require its citizens to declare their cryptocurrency assets held overseas after the new round of cryptocurrency regulatory rules comes into effect.Vladimir Chistyukhin, the First Deputy Governor of the Central Bank of Russia, pointed out that the new regulations will strengthen KYC requirements for exchanges to enhance transaction transparency. He also emphasized that regulation does not prohibit individuals or institutions from holding cryptocurrency assets in overseas wallets, but they must declare them to the federal tax authority. This measure is expected to come into effect in July along with the relevant regulatory framework.

According to The Block, Circle CEO Jeremy Allaire stated that Circle will not freeze USDC wallets unrelated to legal proceedings.At a press conference in Seoul, South Korea, on Monday, Allaire responded to ongoing online criticism regarding whether the company should freeze USDC funds in light of hacking and vulnerability incidents. The controversy became more pronounced earlier this month when the decentralized finance protocol Drift suffered an attack of approximately $280 million, which is believed to be related to a six-month-long attack carried out through complex social engineering techniques, possibly involving a North Korean-affiliated hacking group.Prominent on-chain analysts, including on-chain investigator ZachXBT, publicly criticized Circle for not freezing approximately $230 million in USDC funds. These funds were reportedly transferred from Solana to Ethereum via Circle's cross-chain transfer protocol.

BIT's weekly report indicates that with the announcement of a ceasefire, inflationary pressures have risen, and the selection of the Federal Reserve Chair is also in a phase of heightened transition expectations. Logically, these factors combined should have led to more significant market fluctuations, but Bitcoin's overall response remains relatively limited. The market's muted reaction to multiple variables coming into play is noteworthy.From a geopolitical perspective, the ceasefire arrangement promoted by Trump still faces considerable uncertainty in its actual implementation. Iran's influence in the passage arrangements in the Strait of Hormuz remains strong, and related shipping traffic is significantly below normal levels.From a technical standpoint, Bitcoin is in a clearly oversold range, with some indicators beginning to show marginal recovery. However, it is still too early to conclude that the downward trend has ended based solely on these signals. In 2022, a similar oversold condition lasted for several months, during which there were moments of rebound signals, but ultimately failed to form an effective reversal. More important than whether the indicators rebound is which price level will trigger a market repricing, as well as the outcomes of two key events next week.

On-chain investigator ZachXBT posted on platform X, stating that Spartans co-founder Gurhan Kiziloz may be the mastermind behind Blockdag Network. The project raised over $300 million from retail investors through social media advertising and has been accused of unrealistic profit promises and misleading partnership promotions.ZachXBT noted that the token sale of Blockdag has been ongoing for over two years, while gradually liquidating pre-sale funds through Middle Eastern over-the-counter (OTC) channels; during this period, Gurhan Kiziloz has been accused of high-end luxury spending, including luxury cars, real estate, and luxury goods. Relevant individuals have a significant amount of paid PR content in public information, and it was claimed that as early as October 2025, it was revealed that the management of Blockdag were "nominal leaders," with the actual controller being Gurhan Kiziloz, who later publicly admitted to his involvement.ZachXBT stated that he has received feedback from at least 10 to 15 victims regarding financial losses and reminded the market to remain highly vigilant about projects related to Gurhan Kiziloz.

According to CoinDesk, Bitcoin is currently priced at about $71,200, and Ethereum is at $2,185, with the overall market maintaining a range-bound fluctuation. Bloomberg analyst Mike McGlone warned that if Bitcoin cannot recover to $75,000, there is a risk of dropping to $10,000; Fundstrat founder Tom Lee believes that the market bottom has been established.In terms of derivatives, Bitcoin futures open interest has risen to 726,000 contracts, with the 24-hour CVD being positive for two consecutive days, and the funding rate slightly above zero, indicating an overall bullish tendency; the CVD and funding rates for ETH, XRP, and Solana are slightly negative. The volatility index continues to decline, with the market expecting price fluctuations of only about 2.5% around Friday's inflation data.Regarding altcoins, MANA and AERO each rose by about 6%, but MANA's increase was accompanied by a 25% surge in open interest, indicating it is mainly driven by leverage. The market is focused on whether Bitcoin can effectively break through $75,000 and establish support; if achieved, it may trigger a rotation of funds into oversold altcoin sectors.

The crypto super political action committee Fellowship PAC announced the appointment of Jesse Spiro, Tether's U.S. executive, as chairman to lead political actions supporting pro-crypto candidates.This appointment comes at a time when the advancement of the Digital Asset Market CLARITY Act in the Senate is stalled. The current point of contention is whether to allow platforms to provide yields or incentives for stablecoin holdings, which has become a key obstacle to reaching consensus on the bill. Recently, some crypto companies, including Coinbase, have expressed reservations about the latest version of the bill, while stablecoin issuer Circle is also facing market pressure due to policy uncertainty. Analysts point out that as the midterm elections approach, the crypto industry is ramping up political lobbying efforts in an attempt to secure a more favorable policy environment regarding regulation.

F2Pool co-founder Wang Chun expressed on the X platform regarding the BIP-110 controversy that Bitcoin should not be sanctified and criticized some Bitcoin extremists for hindering technological innovation.He pointed out that some supporters view attempts at scaling or functional improvements as "altcoin attacks," using moral accusations to cover up a lack of innovation, transforming Bitcoin from an economic concept into a system with ideological overtones. Wang Chun stated that in the context of the continuous development of DeFi, privacy, and payment infrastructure, Bitcoin should not become a system that is "too rigid to evolve."

According to Jinshi reports, Federal Reserve Chairman Powell stated that economic growth is robust, and the overshoot in commodity inflation is mainly due to goods and tariffs.

According to market news, Bitcoin is currently priced at approximately $74,230, down about 2.6% from the six-week high of $76,000 reached on Tuesday. The market generally expects the Federal Reserve to maintain interest rates at the upcoming Federal Open Market Committee (FOMC) meeting.Traders widely believe that the expectation of unchanged interest rates has been fully priced in by the market, and the real catalyst for volatility will be the statements made by Federal Reserve Chairman Jerome Powell at the post-meeting press conference—whether a hawkish or dovish stance will directly influence market direction. Additionally, the situation between the U.S. and Israel-Iran, inflation concerns, and rising oil prices also pose potential sources of volatility.In terms of price, Bitcoin needs to effectively break through the resistance level of $76,000 and turn it into support in order to further challenge the range above $80,000, with the next target being the 200-day simple moving average (SMA) at $87,411. If the bulls fail to hold, the price may retreat to the range of $72,000 to $65,000, and in extreme cases, it could drop to $60,000.