Odaily Planet Daily reports that stablecoin issuer Tether Holdings SA, which had previously planned to raise $20 billion, has suspended its fundraising efforts. The company is awaiting the results of its first full financial audit and may restart fundraising after the audit findings are released. According to sources familiar with the matter, potential investors and bankers have been urging Tether to increase its financial transparency throughout the fundraising process; however, one source indicated that some potential investors remain prepared to support the company until the audit results are released. (Bloomberg)

Bitcoin broke through $72,000, demonstrating strong resilience in the Bitcoin and crypto markets despite ongoing tensions in the Middle East and geopolitical risks. While oil prices, US Treasury yields, and the US dollar index retreated following reports that the US and Iran might begin ceasefire negotiations as early as this Thursday, Bitcoin and US stock futures maintained their strength. However, the market remains cautious about a rapid de-escalation. ING analysts pointed out that Iran may prefer to maintain high energy prices to strengthen its negotiating position before negotiations, thus limiting the likelihood of a significant drop in oil prices and a substantial weakening of the US dollar in the short term. A shift in the macroeconomic landscape has occurred, with the US money market curve largely priced in interest rate cuts this year, a significant tightening from the previously widely anticipated at least two 25-basis-point cuts. This change has weakened key bullish support for risk assets like Bitcoin. (CoinDesk)

Odaily Planet Daily reports that venture capital giant Kleiner Perkins has announced it has raised $3.5 billion to support the artificial intelligence market. This fundraising includes $1 billion from its KP22 fund and $2.5 billion for investments in growth-stage companies. Kleiner Perkins stated that current market fundamentals favor expanding investment, the market is still in its early stages, and artificial intelligence is helping today's startups iterate and grow at an unprecedented pace. (Bloomberg)

According to Lookonchain monitoring, as Bitcoin briefly surged, James Wynn's "Ant Warehouse" 40x leveraged short Bitcoin position was once again completely liquidated.

Odaily Planet Daily reports that 10x Research, in an analysis published on the X platform, points out that the battle for stablecoin economics has begun between Circle and Coinbase. Circle's stock price recently fell by approximately 0% in a single day, with some investors attributing this to the uncertainty brought about by the CLARITY Act, while others believe the act will constitute a structural benefit. Circle supports a federal-level stablecoin regulatory framework in exchange for USDC's institutional legitimacy and long-term expansion space, while Coinbase focuses more on achieving short-term profits through yield-based balances, creating a conflict in their business models. Under the regulatory framework, Circle may abandon some high-profit distribution models but will gain more sustainable "regulatory certainty," potentially driving institutional adoption, global settlement scenarios, and deeper integration with the traditional financial system. 10x Research adds that, given the current market environment, they will re-examine their previous "long Circle, short Coinbase" strategy and assess its continued effectiveness.