#密码资产动态追踪 The recent policy developments in the crypto market are quite interesting — the US Senate's Crypto Market Structure Act might be up for review as soon as next week, which is a major event for the entire market.

First, let's talk about what's happening in the US. Senator Cynthia Lummis has issued strong remarks: if the Department of Justice continues to sell Bitcoin (the latest move involved 57 BTC), it conflicts with the long-term plan of building a "Strategic Bitcoin Reserve." In simple terms, BTC held by the US government is a scarce asset, and how it is managed directly impacts macro policy expectations.

On the international level, global accounting standards organizations have listed cryptocurrencies and software assets as key research topics for 2026, indicating that the standardization of financial treatment for digital assets is imminent worldwide.

Infrastructure costs are also coming to the forefront — Goldman Sachs recently stated that by 2030, the US power grid will be under pressure, facing risks of electricity shortages. This puts significant cost pressure on mining operations.

From a regulatory compliance perspective, the annual report data from India's Financial Intelligence Unit is quite solid: 49 crypto exchanges have completed registration and filing, while 25 non-compliant platforms have been shut down. This is a real market cleanup.

On the technical side, analysts are observing the Bitcoin/stablecoin trading ratio on Binance, which recently signaled a rebound in buying power — in other words, large orders may be brewing.