Today, the cryptocurrency industry has seen several new developments in prices, regulation, and industry dynamics. Here's a summary:

📈 Market Overview: BTC rebounds and consolidates

Bitcoin surged yesterday and entered consolidation today. As of press time, BTC price fluctuates around $67,100–$67,500. Previously driven by technical buying and short covering, BTC briefly rebounded from $64,000 to reach $70,000, but the current price is still about 46% below its all-time high in 2025.

🏛️ Regulatory Policies: New Moves in the US

· OCC plans to tighten stablecoin regulations: The Office of the Comptroller of the Currency has proposed new rules to restrict "brand stablecoins" and prohibit associated yield rewards, aiming to prevent financial risks.
· Congress advances blockchain legislation: Bipartisan lawmakers introduced the "2026 Blockchain Development and Innovation Act," designed to protect non-custodial software developers from improper criminal prosecution.
· State-level developments: Indiana has passed a cryptocurrency bill requiring certain retirement savings plans to offer crypto investment options, expected to take effect in July.

💡 Industry and Institutional News

· Fund movements: BlackRock ETF addresses received 4,309 BTC (approximately $290 million) from Coinbase; US spot Bitcoin ETF saw its highest single-day net inflow in two weeks, around $500 million.
· Traditional finance enters: Morgan Stanley plans to offer Bitcoin trading and custody services; Bloomberg and Kaiko collaborate to bring financial data on-chain, targeting decentralized markets.
· Notable company updates: MetaMask partners with Mastercard to launch a crypto payment card; Block plans to cut nearly 40% of staff to focus on AI; crypto mining company MARA reported a $1.7 billion loss in Q4 due to Bitcoin write-downs.
· Tech ecosystem: Vitalik announced Ethereum's post-quantum roadmap; Magic Eden will shut down BTC and EVM markets, no longer supporting multi-chain wallets. $BTC ‌$ETH ‌