Weekly Highlights: Trump's tariff policy sparks global follow, encryption market faces new challenges

Trump Tariff Storm

The impact of tariff policies on the encryption industry

Trump's tariff policy has become a global focus over the past two months, significantly impacting the economies of various countries. Analysis shows that this policy may pose challenges and opportunities for the encryption industry. Economic uncertainty could prompt investors to turn to digital assets like Bitcoin, similar to recent trends in the gold market.

A well-known fund founder conducted an in-depth analysis of the multiple impact mechanisms of tariffs, including aspects such as fiscal revenue, efficiency loss, inflation differentiation, and industry protection. The deeper effects of tariff policies will depend on the countermeasures of various countries as well as the dynamic adjustments of exchange rates and monetary fiscal policies.

Institutional analysts' views on the market outlook.

In the face of the impact of tariff policies on the crypto market, institutional analysts have differing opinions on future market trends. Most suggest that investors remain cautious, observing the developments before making decisions. Future market trends will be influenced by key factors such as tariff policies, the Federal Reserve's stance, and non-farm data.

Macroscopic Perspective

Does Bitcoin challenge the global status of the US dollar?

The CEO of a large asset management company posed a thought-provoking question in the annual letter to investors: "Will Bitcoin undermine the dollar's status as a reserve currency?" He also pointed out that tokenization is becoming a key force in reshaping financial infrastructure.

signals a shift in Federal Reserve policy

Some analysts believe that Federal Reserve Chairman Powell is facing a serious policy dilemma. Under the pressure of massive government debt and political pressure, the Federal Reserve may have to abandon its independence and anti-inflation stance, turning to means such as quantitative easing to finance the government. This situation of "fiscal dominance" is very similar to the conditions during the Burns era in the 1970s, suggesting that the Federal Reserve may restart easing policies, which could drive up the prices of assets such as Bitcoin significantly.

Cryptocurrency Holder Survey Report

A survey targeting U.S. cryptocurrency holders shows that about 55 million Americans hold digital assets. The results indicate that cryptocurrency holders are a diverse group, encompassing individuals of different ages and income levels. While male holders account for a higher proportion (67%), female holders (31%) also make up a significant portion.

AI and Meme Coin Market Dynamics

AI Agent project market value has significantly decreased.

Statistics show that the market capitalization of 6 popular AI Agent projects' tokens has generally experienced a decline of over 90%. Despite the sluggish market performance, each project continues to focus on technological iteration, ecosystem expansion, and product optimization, attempting to find a breakthrough during the winter.

The development of decentralized AI

A well-known project is building a decentralized AI-driven economy, where Autonomous Economic Agents (AEAs) can interact across industries, optimize processes, and automate services. Industry insiders believe that the next direction of development for AI Agents is to shift from conversational assistants to intelligent execution.

Seize the Opportunity

RobotFi: A new attempt for robots on the blockchain

The RobotFi project has attracted follow, aiming to introduce robots into the blockchain field. Investors are exploring its implementation mechanisms and feasibility.

Pendle's 2025 plan

Pendle has announced its plans for 2025, focusing on the V2 upgrade, multi-chain expansion, and perpetual contract yield products. The project aims to make strides in areas such as multi-chain expansion, institutional access, fee markets, and Islamic finance.

Sui ecological project opportunities

As the Walrus project attracts attention in the market, there are 5 other projects in the Sui ecosystem that may have early investment opportunities, worth following for investors.

Web3 Industry Trends

ETH Hangzhou conference insights

On-site surveys from the ETH Hangzhou conference show that industry insiders generally believe that the price of Ethereum will be difficult to reach new highs in the next three years, and it may have to wait until the next market cycle.

the "alienation" phenomenon in the crypto market

Industry insiders point out that the crypto market is undergoing a shift from value creation to "sell coin economics." The essence of the market lies in its cyclicality, and bubbles may be a prelude to the next round of growth.

The stablecoin plan in Wyoming, USA has sparked controversy.

The multi-chain stablecoin WYST launched by Wyoming has entered the testing phase, but the plan has been questioned by senior Republican politicians, raising concerns about the state's potential establishment of a central bank digital currency (CBDC).

Circle attempts IPO again

Circle has once again submitted an application to the U.S. Securities and Exchange Commission for listing on the New York Stock Exchange. However, issues such as a valuation nearly halved, revenue heavily reliant on U.S. Treasuries, and high commissions eroding profits have raised market doubts about Circle's business prospects.

Key Information

• A large asset management company has officially submitted a registration application for a digital large-cap fund ETF to the SEC.
• Musk stated that the US government has no plans to use Dogecoin.
• SEC commissioner proposes seven-point cryptocurrency reform framework, urging Congress to expedite the reform.
• The Trump family controls at least 60% of World Liberty Financial through a new holding company.
• Research shows that the activity on the Ethereum chain has significantly slowed down, with weak fundamentals.
• The Forbes Billionaires List has surpassed 3,000 for the first time, with 16 billionaires from the crypto market making the list.
• Research shows that Bitcoin's price is gearing up for the next phase of "acceleration".
• A certain automotive finance company is selling its business to transition into Bitcoin mining, having reached a $352 million deal with an associated mining machine manufacturer.
• The Federal Reserve Chairman stated that Trump's tariffs exceeded expectations and may lead to rising inflation and a slowdown in economic growth.