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The Acting Chairman of the U.S. Securities and Exchange Commission (SEC), Mark Uyeda, has established a special cryptocurrency task force, "committed to developing a comprehensive and clear regulatory framework for cryptocurrency assets." Commissioner Hester Peirce will lead this task force. The focus of the task force will be to help the commission define clear regulatory boundaries, provide feasible registration paths, establish reasonable disclosure frameworks, and wisely deploy law enforcement resources.

10x Research stated in its market analysis that gold and Bitcoin are entering a critical moment in the market. As gold rebounds to near historical highs and Bitcoin continues to show bullish momentum, macroeconomic factors such as easing inflation concerns, tariffs lower than expected, and dovish comments from the Federal Reserve are driving optimism. In late October last year, a week before Trump was elected, the price of gold stopped rising and entered a consolidation phase. This was attributed to potential inflationary pressures brought about by Trump's immigration and tariff policies, as well as his commitment to supplement strategic oil reserves. Economists predict that all of these could potentially push up inflation expectations. The current tariff policy announced by Trump is milder than expected, Fed Governor Waller adopted a dovish tone last week; there are solid macroeconomic reasons supporting gold's rebound to historical highs and Bitcoin's continued rise. These factors combined with last week's CPI data are key considerations making us more optimistic about the current market outlook.