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regarding "Japan classifying Bitcoin as a financial product this year," crypto analyst Willy Woo commented, "The Japanese will be more motivated to buy Bitcoin. Classifying Bitcoin as a financial product means that the tax rate on Bitcoin earnings (or trading) is 20%, rather than the marginal income tax rate (which is 43-55% if annual income exceeds $57,000). Metaplanet will lose its tax arbitrage advantage compared to self-custody of Bitcoin. About 110 cryptocurrencies are also included, and staking income is taxed at the marginal tax rate."

[Analyst Willy Woo: Japan's classification of Bitcoin as a financial product will stimulate buying.]regarding "Japan classifying Bitcoin as a financial product this year," crypto analyst Willy Woo commented, "The Japanese will be more motivated to buy Bitcoin. Classifying Bitcoin as a financial product means that the tax rate on Bitcoin earnings (or trading) is 20%, rather than the marginal income tax rate (which is 43-55% if annual income exceeds $57,000). Metaplanet will lose its tax arbitrage advantage compared to self-custody of Bitcoin. About 110 cryptocurrencies are also included, and staking income is taxed at the marginal tax rate."

Analyst Willy Woo: Japan's classification of Bitcoin as a financial product will stimulate buying.

&nbsp;according to predicted market data from Kalshi, the probability of Trump being impeached again during the 2025-2029 term has risen to 57%, a new high.

[The probability of Trump being impeached again during his term has risen to 57% on the Kalshi platform, a new high.]&nbsp;according to predicted market data from Kalshi, the probability of Trump being impeached again during the 2025-2029 term has risen to 57%, a new high.

The probability of Trump being impeached again during his term has risen to 57% on the Kalshi platform, a new high.

according to data from Digital Mining Solutions, that in 2025 a total of 36 blocks on the Bitcoin network will be mined by independent miners.

[Last year, a total of 36 blocks were mined by independent miners on the Bitcoin network.]according to data from Digital Mining Solutions, that in 2025 a total of 36 blocks on the Bitcoin network will be mined by independent miners.

Last year, a total of 36 blocks were mined by independent miners on the Bitcoin network.

&nbsp;according to CoinDesk, Tennessee regulators have ordered Kalshi, Polymarket, and Crypto.com to stop offering sports event contracts to residents of the state, accusing these companies of operating without the necessary licenses and violating the state's gambling laws.

[The state of Tennessee has ordered Kalshi, Polymarket, and Crypto.com to cease offering sports event contracts to residents of the state.]&nbsp;according to CoinDesk, Tennessee regulators have ordered Kalshi, Polymarket, and Crypto.com to stop offering sports event contracts to residents of the state, accusing these companies of operating without the necessary licenses and violating the state's gambling laws.

The state of Tennessee has ordered Kalshi, Polymarket, and Crypto.com to cease offering sports event contracts to residents of the state.

&nbsp;according to DefiLlama data, the total market value of stablecoins increased slightly by 0.13% this week, now at 308.11 billion USD, still maintaining a historical high. Among them, USDT's market share reaches 60.64%.

[The total market capitalization of stablecoins increased slightly by 0.13% this week, remaining at historically high levels.]&nbsp;according to DefiLlama data, the total market value of stablecoins increased slightly by 0.13% this week, now at 308.11 billion USD, still maintaining a historical high. Among them, USDT's market share reaches 60.64%.

The total market capitalization of stablecoins increased slightly by 0.13% this week, remaining at historically high levels.

DWF Labs co-founder Andrei Grachev posted on the X platform that just at the beginning of this year, DWF Labs has already completed its first $1 million seed round investment in a DeFi project. More details and transaction information will be announced later.

[DWF Labs co-founder: Completed a $1 million seed round investment in a DeFi project.]DWF Labs co-founder Andrei Grachev posted on the X platform that just at the beginning of this year, DWF Labs has already completed its first $1 million seed round investment in a DeFi project. More details and transaction information will be announced later.

DWF Labs co-founder: Completed a $1 million seed round investment in a DeFi project.

Bitcoin Fear and Greed Index is 29. Fear.
Current Price: $90777.63.

[Bitcoin Fear and Greed Index is 29]Bitcoin Fear and Greed Index is 29. Fear.
Current Price: $90777.63.

Bitcoin Fear and Greed Index is 29

according to CryptoQuant analyst Julio Moreno, a certain Satoshi-era miner transferred 2,000 bitcoins today, the first time this has happened since November 2024, when the price of bitcoin was about $91,000.

[A miner from the Satoshi Nakamoto era transferred 2,000 Bitcoins today.]according to CryptoQuant analyst Julio Moreno, a certain Satoshi-era miner transferred 2,000 bitcoins today, the first time this has happened since November 2024, when the price of bitcoin was about $91,000.

A miner from the Satoshi Nakamoto era transferred 2,000 Bitcoins today.

HTX data showed that ETH broke through 3100  USDT and is now at 3100.38 USDT, with a increase of 0.43% in 24H.

[ETH broke through 3100  USDT] HTX data showed that ETH broke through 3100  USDT and is now at 3100.38 USDT, with a increase of 0.43% in 24H.

ETH broke through 3100  USDT

According to CoinDesk, Ethereum development firm Matter Labs has raised a monster $200 million to support the launch of its zkSync V2 rollup network, one of the major platforms vying for dominance in a crowded competition to reduce Ethereum’s fees and increase its transaction speeds.
Matter Labs’ Series C funding round, which closed before the market was roiled by the collapse of crypto exchange FTX, was co-led by Blockchain Capital and Dragonfly, and was joined by venture capital heavyweights including Variant, Lightspeed Venture Partners and Andreessen Horowitz.
Alongside its funding announcement, Matter Labs pledged to file its core software under an MIT Open Source license by the end of 2022, meaning third parties will be allowed to view, use and augment zkSync’s code.

Detail

【Matter Labs nets $200M to build zkSync Ethereum scaling platform】According to CoinDesk, Ethereum development firm Matter Labs has raised a monster $200 million to support the launch of its zkSync V2 rollup network, one of the major platforms vying for dominance in a crowded competition to reduce Ethereum’s fees and increase its transaction speeds.
Matter Labs’ Series C funding round, which closed before the market was roiled by the collapse of crypto exchange FTX, was co-led by Blockchain Capital and Dragonfly, and was joined by venture capital heavyweights including Variant, Lightspeed Venture Partners and Andreessen Horowitz.
Alongside its funding announcement, Matter Labs pledged to file its core software under an MIT Open Source license by the end of 2022, meaning third parties will be allowed to view, use and augment zkSync’s code.

Matter Labs nets $200M to build zkSync Ethereum scaling platform

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Article

Galaxy Research Director: Crypto Market Structure Bill Passage Could Be a Catalyst for Price Increase

Kong Jianping: The fact that core developers are starting to focus on the application layer indicates that the infrastructure has become relatively mature.

Institutions: The Federal Reserve may begin cutting interest rates as early as June.

Founder of The Dark Side of the Moon: Chinese technology should not only be easy to use, but also participate in rule-making.

The Cambodian government has confirmed that the King of Cambodia has issued a decree revoking the Cambodian citizenship of Chen Zhi, founder of the Prince Group.

A whale that went long on $310 million worth of mainstream cryptocurrencies has turned a profit into a loss, with unrealized losses exceeding $11 million.

Matter Labs nets $200M to build zkSync Ethereum scaling platform

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