Bitcoin is oscillating at a high level, with an intraday fluctuation range of 93,758-95,453 dollars, failing to contend for the 95,000 dollar mark. ETH is currently quoted at 1,748 dollars.

The U.S. stock market saw all three major indexes close higher, with the Dow Jones up 0.75%, led by technology stocks.
The A-share Shanghai Composite Index fell slightly by 0.05%.

The U.S. Department of Commerce announced the promotion of Bitcoin mining localization, while the Treasury Department is considering incorporating Bitcoin into the national strategic reserve assets, potentially including a reserve plan for 500,000 Bitcoins. This move is seen as a response to BlackRock's tokenized treasury bond pilot (which had a daily trading volume 3.7 times that of the traditional market).

The decentralized exchange XBIT achieves a dual breakthrough in privacy and compliance through its "zero-knowledge proof + multi-party computation" hybrid architecture. User asset custody employs threshold signature technology, setting a record for the industry's lowest theft loss rate at 0.03%.

SoFi announced that it will restart cryptocurrency services by the end of the year, with its CEO Anthony Noto serving as executive chairman to help expand the application of cryptocurrency in the traditional financial sector.

BlackRock's Bitcoin ETF saw a net inflow of $971 million in a single day, setting a new high for the year; the U.S. spot Bitcoin ETF has experienced net inflows for seven consecutive days, accumulating over $3 billion last week.

Kaia received investment from Blockchain Capital, focusing on low-latency EVM public chains, merging Klaytn and Finschia technologies.

The SEC has delayed multiple applications including Fidelity's XRP ETF and Grayscale's HBAR ETF, but analysts still expect approval within the year.

European digital bank Bunq launches cryptocurrency services, covering over 300 assets including Bitcoin, ETH, and more.

ROVR Network secured $2.6 million in funding to advance the development of its 3D high-precision mapping protocol.

Terminal 3 has completed an $8 million seed round financing, focusing on decentralized identity protocols.

Unto Labs raised $14.4 million to develop a RISC-V architecture blockchain virtual machine.

Cardone Capital plans to acquire over 1000 Bitcoins.

Summary: The high-level fluctuation of Bitcoin indicates intense competition between bulls and bears. Institutional funds continue to enter the market, but there are obvious signs of retail investors exiting. The market's high volatility has also led to a significant number of liquidations. In terms of the capital market, the US stock market has experienced considerable fluctuations, influenced by concerns over the slowdown in US economic growth and the banking crisis. Investors need to closely monitor market dynamics and relevant policy changes to make reasonable investment decisions.

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