This week, the cryptocurrency market experienced frequent movements. Bitcoin mining difficulty has been adjusted, decreasing by 1.20% to 146.47T, reflecting real-time changes in the network's total computing power.

Positive signals have emerged from the policy front. Wall Street institutions and leading figures in the crypto industry have found common ground during a closed-door meeting to advance the crypto legislation, reaching preliminary consensus on several key issues. Meanwhile, a new proposal in Florida has also attracted market attention—allowing the state government to allocate 10% of public funds to Bitcoin and related ETF products, which is still relatively rare at the U.S. government level.

Regulatory attitudes are also actively shifting. The U.S. SEC's cryptocurrency working group plans to visit Miami to engage in in-depth discussions with developers involved in early-stage crypto projects, aiming to understand industry needs and pain points. Brazil is not to be outdone; the presidential candidate has publicly called for the establishment of a national-level Bitcoin reserve, reflecting an increasing recognition of Bitcoin as an asset allocation option worldwide.

From a trading perspective, the transaction volume of stablecoins in 2025 has soared to $33 trillion, setting a new record. This figure demonstrates how important stablecoins are in global payments and transactions.